Public Education Partners
- Assets
- $794.1k
- Revenue
- $72.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Aiken, SC
- Founding
- 04/1996
- Data as of
- 12/2021
- EIN
- 57-1030778
Organization Overview
Public Education Partners is located in Aiken, SC. The organization was established in 1996. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Public Education Partners 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, Public Education Partners generated $72.5k 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 (6.5%) each year. All expenses for the organization totaled $111.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING THE IMPROVEMENT OF PUBLIC EDUCATION THROUGHOUT AIKEN COUNTY, SC. OUR MISSION IS TO HARNESS THE POWER OF OUR COMMUNITY FOR ITS PUBLIC SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SCHOLARSHIPS TO STUDENTS PROVIDE BOOKS, INSTRUMENTS, MUSIC AND WORKSHOPS TO AREA SCHOOLS PROVIDE AWARDS TO OUTSTANDING TEACHERS IN AREA SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Lamprecht Board Chair | OfficerTrustee | 10 | $0 |
Rysheeka Bush Secretary | OfficerTrustee | 5 | $0 |
H Gayle Gulick Vice Chair | OfficerTrustee | 5 | $0 |
Nicholas Retson Treas Endow Chair | OfficerTrustee | 5 | $0 |
Ana Adkins Board Member | Trustee | 1 | $0 |
Rosalyn Greene Chair Advocacy | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $54,958 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,958 |
| Total Program Service Revenue | $0 |
| Investment income | $17,547 |
| 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 | $72,505 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $86,134 |
| Grants and other assistance to domestic individuals. | $17,100 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,677 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $399 |
| Information technology | $1,497 |
| Royalties | $0 |
| Occupancy | $660 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $111,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $147,111 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $646,954 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $794,065 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $425 |
| Total liabilities | $425 |
| Net assets without donor restrictions | $18,277 |
| Net assets with donor restrictions | $775,363 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $794,065 |
Grants Awarded
Over the last fiscal year, Public Education Partners has awarded $16,327 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
JACKSON MIDDLE SCHOOL PURPOSE: STEM EDUCATION PROGRAMS | $5,914 |
NEW ELLENTON MIDDLE SCHOOL PURPOSE: STEM EDUCATION PROGRAMS | $5,391 |
AIKEN TECHNICAL COLLEGE PURPOSE: EARLY COLLEGE EDUCATION | $5,022 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Public Education Partners has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
F W Symmes Foundation Las Vegas, NV PURPOSE: GENERAL OPERATING | $25,000 |
Endowment Analysis
| Beg. Balance | $602,071 |
| Earnings | $62,194 |
| Admin Expense | $4,379 |
| Net Contributions | $10,000 |
| Other Expense | $5,757 |
| Grants | $17,475 |
| Ending Balance | $646,654 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wnc Bridge Foundation Asheville, NC | $146,559,840 | $12,380,465 |
The Savannah Community Foundation Inc Savannah, GA | $54,173,792 | $9,998,384 |
The Giving Kitchen Initiative Inc Atlanta, GA | $5,202,127 | $3,829,430 |
Kermit G Phillips Ii Charitable Tr Greensboro, NC | $71,515,607 | $5,235,464 |
Troon Foundation Elon, NC | $48,656,909 | $2,507,639 |
Frances P Bunnelle Foundation Pawleys Island, SC | $50,346,506 | $4,044,110 |
Glass Family Foundation Inc Asheville, NC | $24,447,807 | $3,179,935 |
Speedway Childrens Charities Concord, NC | $415,792 | $1,752,353 |
Carlson Family Foundation Inc Chapel Hill, NC | $18,562,081 | $1,116,272 |
Driven Brands Charitable Foundation Charlotte, NC | $405,466 | $1,435,404 |
Little Kings And Queens Inc Buford, GA | $180,816 | $1,313,209 |
Dabos All In Team Clemson, SC | $184,953 | $1,368,395 |