Professional Association Of Georgia Educators Foundation Inc
- Assets
- $2.0m
- Revenue
- $349.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 08/1985
- Data as of
- 06/2022
- EIN
- 58-1740503
Organization Overview
Professional Association Of Georgia Educators Foundation Inc is located in Atlanta, GA. The organization was established in 1985. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Professional Association Of Georgia Educators 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, Professional Association Of Georgia Educators Foundation Inc generated $349.6k 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 (7.6%) each year. All expenses for the organization totaled $83.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (26.2%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE PAGE FOUNDATION IS TO PROMOTE WORLD-CLASS EDUCATION FOR ALL OF GEORGIA'S CHILDREN THROUGH INITIATIVES THAT RECRUIT, DEVELOP, RETAIN AND RECOGNIZE HIGHLY ACCOMPLISHED TEACHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STAR PROGRAM THE STUDENT TEACHER ACHIEVEMENT RECOGNITION (STAR) PROGRAM WAS CREATED TO FOCUS PUBLIC ATTENTION ON GEORGIA'S OUTSTANDING STUDENTS AND THE TEACHERS WHO HAVE BEEN MOST INSTRUMENTAL IN THEIR ACADEMIC DEVELOPMENT. IT HAS BEEN 54 YEARS SINCE THE STAR PROGRAM WAS CREATED AND MORE THAN 23,000 OUTSTANDING HIGH SCHOOL SENIORS AND THEIR STAR TEACHERS HAVE BEEN HONORED TO DATE.
SCHOLARSHIPS THE PAGE FOUNDATION IS DEDICATED TO PROMOTING EXCELLENCE IN GEORGIA'S PUBLIC SCHOOLS. ONE OF THE MANY PROJECTS UNDERTAKEN BY THE FOUNDATION IS TO PROVIDE SCHOLARSHIPS TO ENHANCE THE TEACHING PROFESSION. IN 1986, GEORGIA GOVERNOR GEORGE BUSBEE PRESENTED THE FIRST PAGE FUTURE TEACHER SCHOLARSHIP. SINCE THEN, PAGE HAS INVESTED MORE THAN 300,000 IN FINANCIAL ASSISTANCE TO STUDENTS WHO HAVE DISTINGUISHED THEMSELVES ACADEMICALLY AND THROUGH THEIR SERVICE WITHING THE FIELD OF EDUCATION. THEY WILL BE THE TEACHERS WHO TAKE GEORGIA'S STUDENTS TO THE NEXT MILLENNIUM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Hayward Cordy Chairman | OfficerTrustee | 1 | $0 |
Steve Lusk Treasurer | OfficerTrustee | 1 | $0 |
Craig Harper Executive Di | OfficerTrustee | 40 | $0 |
Oatanisha Dawson Trustee | Trustee | 1 | $0 |
Anthony James Trustee | Trustee | 1 | $0 |
Jill Hay Trustee | Trustee | 1 | $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 | $88,185 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $88,185 |
| Total Program Service Revenue | $17,899 |
| Investment income | $118,396 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $125,095 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $349,575 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $19,000 |
| 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 | $7,497 |
| 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 | $14,952 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $812 |
| 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 | $800 |
| Total functional expenses | $83,827 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $254,060 |
| 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 | $2,754 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,758,416 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,361 |
| Total assets | $2,018,591 |
| Accounts payable and accrued expenses | $80 |
| 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 | $0 |
| Total liabilities | $80 |
| Net assets without donor restrictions | $405,053 |
| Net assets with donor restrictions | $1,613,458 |
| 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 | $2,018,591 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Professional Association Of Georgia Educators Foundation Inc has recieved totaling $75,090.
| Awarding Organization | Amount |
|---|---|
Professional Association Of Georgia Atlanta, GA PURPOSE: PROMOTE EDUCATION | $75,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $90 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Frankie Lemmon Foundation Inc Raleigh, NC | $6,041,265 | $1,795,716 |
Florida Board Of Governors Foundation Inc Tallahassee, FL | $8,657,899 | $1,715,523 |
Georgia Association Of Educational Leaders Athens, GA | $1,322,516 | $1,104,671 |
Hamilton County Education Association Chattanooga, TN | $382,786 | $667,511 |
Life Foundation Inc Marietta, GA | $5,030,034 | $2,850,424 |
Wake Forest University Foundation WinstonSalem, NC | $9,248,798 | $15,255 |
Professional Association Of Georgia Educators Foundation Inc Atlanta, GA | $2,018,591 | $349,575 |
Wake Forest University Development Foundation WinstonSalem, NC | $246,438 | -$10,305 |
Kiwanis Foundation Inc Hickory Hickory, NC | $1,090,638 | $34,544 |