Kannapolis Education Foundation Inc
- Assets
- $12.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Kannapolis, NC
- Founding
- 03/1996
- Data as of
- 06/2022
- EIN
- 56-1938383
Organization Overview
Kannapolis Education Foundation Inc is located in Kannapolis, NC. The organization was established in 1996. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, 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. Kannapolis Education Foundation Inc 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 06/2022, Kannapolis Education Foundation Inc generated $32.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $28.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
RAISED FUNDS TO PROVIDE TECHNOLOGY, INSTRUCTIONAL SUPPLIES AND OTHER MATERIALS TO KANNAPOLIS AREA SCHOOLS TO IMPROVE THE QUALITY OF EDUCATION PROVIDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alana Morton Director | 0 | $0 | |
Kelli Antonides Director | 0 | $0 | |
Anita Parker Director | 0 | $0 | |
Tony Johnson Director | 0 | $0 | |
Paige Grochoske Director | 0 | $0 | |
Kristina Cook Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,167 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $13 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,862 |
| Other Revenue | $0 |
| Total Revenue | $32,042 |
| 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 | $525 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $621 |
| Total expenses | $28,058 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $12,156 |
| Other assets | $0 |
| Total assets | $12,156 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,156 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Kannapolis Education Foundation Inc has recieved totaling $1,237.
| Awarding Organization | Amount |
|---|---|
Salant Family Foundation Tr Eu R Salant Rev Tr Uad 102009 Kannapolis, NC PURPOSE: FURTHER EXEMPT FUNCTION | $500 |
The Barton Malow Foundation Southfield, MI PURPOSE: EDUCATION | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $237 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Corporation For Educational Partnerships Holly Springs, NC | $16,429,672 | $8,432,177 |
Oakcrest School Vienna, VA | $55,866,732 | $12,569,255 |
Sandhills Independent School Corp Southern Pines, NC | $9,604,204 | $9,353,331 |
Charleston Charter School For Math And Science Charleston, SC | $2,316,099 | $8,249,611 |
Camden Military Academy Camden, SC | $24,029,002 | $8,933,246 |
Neuse Charter School Of Johnston County Smithfield, NC | $5,077,496 | $8,266,030 |
Ivy Preparatory Academy Incorporated Atlanta, GA | $13,093,434 | $7,743,445 |
Tandem Friends School Charlottesville, VA | $10,882,035 | $8,488,815 |
Northeast Academy For Aerospace & Advanced Technologies Elizabeth City, NC | $14,668,178 | $8,234,299 |
Loganville Christian Academy Inc Loganville, GA | $11,454,751 | $7,322,171 |
Gray Stone Educational Foundation Inc Misenheimer, NC | $16,754,071 | $7,493,327 |
Corporation For Effective Schooling Durham, NC | $20,984,605 | $2,777,971 |