Valdosta City Schools Foundation Inc
- Assets
- $153.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Valdosta, GA
- Founding
- 11/2000
- Data as of
- 12/2021
- EIN
- 58-2479891
Organization Overview
Valdosta City Schools Foundation Inc is located in Valdosta, GA. The organization was established in 2000. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, 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. Valdosta City Schools 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, Valdosta City Schools Foundation Inc generated $84.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.4% each year. All expenses for the organization totaled $65.8k during the year ending 12/2021. While expenses have increased by 4.8% 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
TO RAISE FUNDS TO BE USED TO ACQUIRE FACILITIES, EQUIPMENT, INSTRUCTIONAL MATERIALS, AND PROVIDE FOOD FOR THE VALDOSTA CITY SCHOOL SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jennifer Steedley Executive Dir. | 10 | $0 | |
Nathaniel Balanis Treasurer | 0 | $0 | |
Ashley Daniel Trustee | 0 | $0 | |
Alex Alvarez Trustee | 0 | $0 | |
Stefani Carroll Chair | 0 | $0 | |
Todd Cason Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $81,259 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $310 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,320 |
| Other Revenue | $0 |
| Total Revenue | $84,889 |
| 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 | $718 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $883 |
| Other expenses | $1,732 |
| Total expenses | $65,834 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,947 |
| Other assets | $0 |
| Total assets | $152,970 |
| Total liabilities | $0 |
| Net assets or fund balances | $152,970 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Valdosta City Schools Foundation Inc has recieved totaling $2,776.
| Awarding Organization | Amount |
|---|---|
Harley Langdale Jr Foundation Inc Valdosta, GA PURPOSE: SCHOLARSHIPS | $2,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $276 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Caring Foundation Birmingham, AL | $70,981,159 | $5,434,235 |
Malone Family Foundation Hobe Sound, FL | $111,664,161 | $13,667,566 |
Ingersoll-Rand Charitable Foundation Davidson, NC | $949,422 | $5,202,263 |
The Fairholme Foundation Coral Gables, FL | $289,766,586 | $285,369 |
Nicklaus Childrens Health Care Foundation Inc North Palm Beach, FL | $45,302,726 | $13,320,876 |
Albert L Ueltschi Foundation Vero Beach, FL | $287,931,919 | $1,247,906 |
Speedwell Foundation Atlanta, GA | $165,926,993 | $26,115,784 |
Holtz Charitable Foundation Inc Orlando, FL | $5,015,513 | $2,659,459 |
Teleios Collaborative Network Flat Rock, NC | $1,937,761 | $5,692,077 |
Wiregrass Foundation Dothan, AL | $101,684,443 | $2,886,891 |
The St Joe Community Foundation Inc Panama City Beach, FL | $5,065,380 | $5,661,153 |
Berry Charitable Foundation Greensboro, NC | $66,443,887 | $19,441,279 |