Fayetteville Public Education Foundation Inc
- Assets
- $5.1m
- Revenue
- $658.5k
- Investments
- $1.6m
- Employees
- 6
- Location
- Fayetteville, AR
- Founding
- 09/1992
- Data as of
- 06/2021
- EIN
- 58-2010071
Organization Overview
Fayetteville Public Education Foundation Inc is located in Fayetteville, AR. The organization was established in 1992. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2021, Fayetteville Public Education Foundation Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fayetteville Public 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 06/2021, Fayetteville Public Education Foundation Inc generated $658.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $643.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Fayetteville Public Education Foundation Inc has awarded 15 individual grants totaling $855,700. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE QUALITY OF EDUCATION IN THE FAYETTEVILLE PUBLIC SCHOOLS
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENHANCE THE QUALITY OF EDUCATION IN THE FAYETTEVILLE PUBLIC SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Horne-Brooks Cambre Executive Director | Officer | 40 | $108,727 |
Carver Rita Board Member | Trustee | 1 | $0 |
Chadick Vince Board Member | Trustee | 1 | $0 |
Gearhart Jane Board Member | Trustee | 1 | $0 |
Harris Heinzelmann Shari Board Member | Trustee | 1 | $0 |
Eldridge Mary Elizabeth Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $430,397 |
| Investment income | $83,307 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $86,055 |
| Net Income from Fundraising Events | $58,734 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $658,498 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $8,261 |
| 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 to disqualified persons | $0 |
| Other salaries and wages | $169,146 |
| 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 | $14,570 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,247 |
| Advertising and promotion | $0 |
| Office expenses | $19,358 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $4,484 |
| 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 | $495 |
| Insurance | $2,374 |
| All other expenses | $0 |
| Total functional expenses | $643,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $309,219 |
| Savings and temporary cash investments | $86,235 |
| 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 |
| Investments—publicly traded securities | $3,043,533 |
| Investments—other securities | $1,616,072 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,061,976 |
| 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 | $45,487 |
| Other liabilities | $0 |
| Total liabilities | $45,487 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $5,016,489 |
Grants Awarded
Over the last fiscal year, Fayetteville Public Education Foundation Inc has awarded $327,459 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
FAYETTEVILLE PUBLIC SCHOOLS PURPOSE: CONTRIBUTION TO GENERAL FUND | $134,792 |
FAYETTEVILLE PUBLIC SCHOOLS PURPOSE: OTHER GRANTS 5,000 | $111,317 |
FAYETTEVILLE PUBLIC SCHOOLS PURPOSE: ELEMENTARY SCHOOLS OUTDOOR INFASTRUCTURE | $11,500 |
FAYETTEVILLE PUBLIC SCHOOLS PURPOSE: WASHINGTON AFTERSCHOOL PROGRAM | $10,040 |
FAYETTEVILLE PUBLIC SCHOOLS PURPOSE: FHS IRONWORKER FOR AGRI CLASS | $9,975 |
FAYETTEVILLE PUBLIC SCHOOLS PURPOSE: ASBELL OUTDOOR LEARNING INFRASTRUCTURE | $8,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Fayetteville Public Education Foundation Inc has recieved totaling $321,748.
| Awarding Organization | Amount |
|---|---|
Walton Family Foundation Inc Bentonville, AR PURPOSE: TO FORM A COLLABORATIVE AMONG THE PUBLIC EDUCATION FOUNDATIONS IN BENTONVILLE, ROGERS, SPRINGDALE, AND FAYETTEVILLE. | $145,180 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: TO SUPPORT FAYETTEVILLE PUBLIC SCHOOL DISTRICT'S PRE-K PROGRAM AS OUTLINED IN 2/4/21 PROPOSAL | $124,525 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: ROBERTS FAMILY PREK NUTRITION FUND | $17,000 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: ROBERTS FAMILY PRE-K NUTRITION FUND | $17,000 |
Arkansas Community Foundation Inc Little Rock, AR PURPOSE: TO PURCHASE A SHADE STRUCTURE FOR THE OUTDOOR CLASSROOM AND A GAGA BALL PIT MAT FOR THE PLAYGROUND AT ASBELL ELEMENTARY SCHOOL IN FAYETTEVILLE, AR | $11,205 |
Bodenhamer Foundation Ft Collins, CO PURPOSE: ENHANCE THE QUALITY OF EDUCATION | $5,000 |
Endowment Analysis
| Beg. Balance | $3,943,571 |
| Earnings | $942,870 |
| Admin Expense | $26,440 |
| Net Contributions | $268,885 |
| Grants | $366,047 |
| Ending Balance | $4,762,839 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Voluntary Interdistrict Choice Corporation Saint Louis, MO | $12,736,595 | $40,180,054 |
Wiley College Marshall, TX | $47,591,110 | $22,498,532 |
Meadow Oaks Education Foundation Mesquite, TX | $6,337,401 | $20,503,410 |
Harold E Riley Foundation Fort Worth, TX | $357,850 | $584,984 |
Compass Rose Education Inc San Antonio, TX | $15,459,454 | $19,431,467 |
Three Oclock Project Baton Rouge, LA | $1,930,450 | $18,582,179 |
Athlos Louisiana Terrytown, LA | $4,119,183 | $17,119,142 |
Campus Development Foundation Inc Chattanooga, TN | $70,898,605 | $12,373,348 |
Valor Texas Education Foundation Austin, TX | $20,040,325 | $11,565,701 |
Foundation For Tulsa Schools Tulsa, OK | $13,402,243 | $11,567,047 |
Eugene Higgins Charitable Trust Dallas, TX | $194,077,327 | $32,131,659 |
Lyndon Baines Johnson Foundation Austin, TX | $271,934,270 | $12,544,612 |