Gilmer Education Foundation Inc
- Assets
- $190.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ellijay, GA
- Founding
- 07/1995
- Data as of
- 12/2021
- EIN
- 58-2163481
Organization Overview
Gilmer Education Foundation Inc is located in Ellijay, GA. The organization was established in 1995. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Gilmer 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 12/2021, Gilmer Education Foundation Inc generated $190.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.9% each year . All expenses for the organization totaled $178.8k during the year ending 12/2021. While expenses have increased by 11.4% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
CONNECTING DONORS WITH DESERVING HIGH SCHOOL STUDENTS TO AID IN THEIR PURSUIT OF COLLEGE OR VOCATIONAL EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Hagoian Board Member | 0 | $0 | |
Mitchell Morgan Board Member | 0 | $0 | |
Kyle Ray Board Member Chairman | 0 | $0 | |
Zach Henderson Board Member Financial Secretary | 1 | $0 | |
Jody Holmes Board Member | 0 | $0 | |
Kathy Elliott Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $190,418 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $176 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $190,594 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $195 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $286 |
| Total expenses | $178,836 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $190,367 |
| Other assets | $0 |
| Total assets | $190,367 |
| Total liabilities | $0 |
| Net assets or fund balances | $190,367 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gilmer Education Foundation Inc has recieved totaling $105,000.
| Awarding Organization | Amount |
|---|---|
Albert E Harrison Foundation Inc Ellijay, GA PURPOSE: SCHOLARSHIP | $105,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Education Loan Finance Inc Knoxville, TN | $2,281,627,256 | $227,234,757 |
Educational Foundation Inc Chapel Hill, NC | $193,854,804 | $63,834,996 |
Nc Student Aid Association Inc Raleigh, NC | $102,296,557 | $23,877,668 |
Georgia Goal Scholarship Program Inc Peachtree Corners, GA | $58,000,031 | $45,569,079 |
Meeting Street Schools Charleston, SC | $31,326,851 | $31,027,510 |
Georgia State University Athletic Association Inc Atlanta, GA | $12,025,331 | $28,251,593 |
The North Carolina A&t Real Estate Foundation Inc Greensboro, NC | $169,150,909 | $33,021,773 |
Hca Healthcare Foundation Nashville, TN | $97,582,102 | $44,453,527 |
Vinik Family Foundation Tampa, FL | $192,173,639 | $29,773,809 |
The Hartwell Foundation Corporation Memphis, TN | $88,595,532 | $17,280,759 |
Morehead Cain Foundation Chapel Hill, NC | $0 | $13,275,596 |
Education Foundation Scholarship Endowment Trust Chapel Hill, NC | $389,903,195 | $25,351,334 |