Ethel M Heina Educational Fund
- Assets
- $356.3k
- Revenue
- $8.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Pinehurst, NC
- Founding
- 03/1971
- Data as of
- 06/2024
- EIN
- 56-6114717
Organization Overview
Ethel M Heina Educational Fund is located in Pinehurst, NC. The organization was established in 1971. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Ethel M Heina Educational Fund 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 06/2024, Ethel M Heina Educational Fund generated $8.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.6%) each year. All expenses for the organization totaled $1.2k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (64.5%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jj Jackson Board Chair | 0 | $0 | |
Jon Giles Board Vice Chair | 0 | $0 | |
Germain Elkins Assistant Secretary | 0 | $0 | |
Larry Caddell Trustee Chair | 0 | $0 | |
John Williams Development Committee Chair | 0 | $0 | |
Linda Branch Donor Relations Committee Chair | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,252 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $798 |
| Capital Gain Net Income | $798 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,050 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $76 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,189 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,189 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $356,335 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $356,335 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ethel M Heina Educational Fund has awarded $73,813 in support to 74 organizations.
| Grant Recipient | Amount |
|---|---|
ZEKE C GRIFFITH PURPOSE: SCHOLARSHIPS | $767 |
JAQUENA L MCKOY PURPOSE: SCHOLARSHIPS | $767 |
JAKILLYA E BRATCHER PURPOSE: SCHOLARSHIPS | $387 |
KAYLIE J FERRUFINO-CRUZ PURPOSE: SCHOLARSHIPS | $927 |
HANNAH M CHAVIS PURPOSE: SCHOLARSHIPS | $539 |
ZEKE C GRIFFITH PURPOSE: SCHOLARSHIPS | $843 |