Sheffield Education Foundation Inc

Organization Overview

Sheffield Education Foundation Inc is located in Sheffield, AL. The organization was established in 1990. 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. Sheffield 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 09/2022, Sheffield Education Foundation Inc generated $56.7k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.4% each year . All expenses for the organization totaled $15.8k during the year ending 09/2022. While expenses have increased by 0.2% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO GENERATE AND DISTRIBUTE RESOURCES TO SHEFFIELD CITY SCHOOLS AND ITS STUDENTS. RESOURCES WILL BE USED TO ENRICH, MAINTAIN AND EXPAND PROGRAMS NEEDED TO MEET THE SCHOOL DISTRICTS MISSION OF EXCELLENCE IN EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIP TO GRADUATING SENIORS FROM SHEFFIELD HIGH SCHOOL HELPED PAY TUITION TO ATTEND POST SECONDARY COLLEGES OR UNIVERSITIES.


GRANT AWARDS TO TEACHERS AND COUNCELORS TO PURCHASE EDUCATIONAL CLASSROOM SUPPLIES. APPROXIMATELY 1,000 STUDENTS BENEFITED.


ACADEMIC AWARDS & BANQUET


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Board, Officers & Key Employees

Name (title)Compensation
Marianne Leigh
Member
$0
Brenda Wright
Member
$0
Christy Casiday
Member
$0
Joe Cooney
Member
$0
Tommy Jones
Member
$0
Buddy Parkes
Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$5,959
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$50,115
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$56,074
Total Program Service Revenue$0
Investment income $645
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $56,719

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