Educational And Charitable Foundation
- Assets
- $121.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Merrifield, VA
- Founding
- 07/2002
- Data as of
- 12/2021
- EIN
- 54-2056590
Organization Overview
Educational And Charitable Foundation is located in Merrifield, VA. The organization was established in 2002. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Educational And Charitable Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Educational And Charitable Foundation generated $43.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.4%) each year. All expenses for the organization totaled $55.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE EDUCATIONAL AND CHARITABLE SERVICES TO INDIVIDUALS, FAMILIES, GROUPS AND ORGANIZATIONS IN THE NORTHERN VA COMMUNITY WITHOUT REGARD TO RACE, RELIGION, OR ETHNICITY.
Describe the Organization's Program Activity:
Part 3
SUPPORTED THE EDUCATION AND LIFELONG LEARNING OF YOUTH IN THE COMMUNITY BY AWARDING GRANTS, FELLOWSHIP STIPENDS, AND OTHER AWARDS TO DESERVING STUDENTS.
SUPPORTED COMMUNITY-BASED CHILDHOOD HUNGER INITIATIVES IN PARTERSHIP WITH LOCAL AGENCIES, SCHOOLS, FOOD BANKS, COMMUNITY PANTRIES.
CONTRIBUTED TO THE HEALTH, WELL-BEING, AND BETTERMENT OF THE COMMUNITY THROUGH INITIATIVES FOR LOW-INCOME FAMILIES, SINGLE MOTHERS, THE HOMELESS, AND CANCER PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robyn Jones President | 12 | $0 | |
Wanda Gamble Vice President | 1 | $0 | |
Marsha Anderson Secretary | 1 | $0 | |
Denise Whetstone Treasurer | 10 | $0 | |
Debra Parks Financial Secretary | 10 | $0 | |
Stacy Hardy Chandler Director Community Outreach | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,701 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$8,148 |
| Other Revenue | $0 |
| Total Revenue | $43,572 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,698 |
| Occupancy, rent, utilities, and maintenance | $2,112 |
| Printing, publications, postage, and shipping | $188 |
| Other expenses | $10,596 |
| Total expenses | $55,800 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,370 |
| Other assets | $0 |
| Total assets | $121,370 |
| Total liabilities | $0 |
| Net assets or fund balances | $121,370 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Educational And Charitable Foundation has recieved totaling $21,425.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $21,284 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $141 |
Endowment Analysis
| Beg. Balance | $3,500 |
| Earnings | $117 |
| Net Contributions | $2,235 |
| Ending Balance | $5,852 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Building Hope Finance Washington, DC | $123,995,340 | $7,003,194 |
Nc State Engineering Foundation Inc Raleigh, NC | $172,988,383 | $18,412,442 |
Dc Public Education Fund Washington, DC | $19,324,284 | $7,024,090 |
St Christophers School Foundation Richmond, VA | $94,106,126 | $9,680,251 |
National Automatic Sprinkler 669 Va Education Fund Columbia, MD | $15,668,623 | $8,120,660 |
United States Japan Foundation Owings Mills, MD | $106,169,200 | $4,759,214 |
Lowes Foundation Mooresville, NC | $8,794,184 | $2,155,365 |
Knox Education Foundation Knoxville, TN | $6,393,317 | $5,852,579 |
St Stephen S And St Agnes School Foundation Alexandria, VA | $47,445,810 | $11,356,184 |
St Georges Independent Schools Foundation Collierville, TN | $31,055,433 | $2,932,779 |
Charles B Keesee Educational Fund Incorporated Martinsville, VA | $78,271,755 | $5,985,709 |
James Barry Robinson Home For Boys Trust Norfolk, VA | $49,691,285 | $5,553,084 |