Jacksonville Public Education Fund Inc
- Assets
- $3.9m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 18
- Location
- Jacksonville, FL
- Founding
- 05/1988
- Data as of
- 06/2023
- EIN
- 59-2756660
Organization Overview
Jacksonville Public Education Fund Inc is located in Jacksonville, FL. The organization was established in 1988. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 06/2023, Jacksonville Public Education Fund Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jacksonville Public Education Fund 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 06/2023, Jacksonville Public Education Fund Inc generated $2.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $2.5m during the year ending 06/2023. While expenses have increased by 4.2% per year over the past 8 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.
Since 2017, Jacksonville Public Education Fund Inc has awarded 29 individual grants totaling $1,952,445. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SPARK INNOVATION, RELATIONSHIPS AND RESOURCES TO ACHIEVE EXCELLENT OUTCOMES FOR ALL STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACHER LEADERSHIP - SUPPORT PUBLIC SCHOOL TEACHERS THROUGH THE TEACHER LEADERSHIP INITIATIVE, A YEAR-LONG PROGRAM OF PROFESSIONAL LEARNING THAT BUILDS A NETWORK OF EXEMPLARY TEACHERS WHO ARE LEADERS IN IMPROVING SCHOOLS, STUDENT PERFORMANCE AND STRENGTHENING THE TEACHING PROFESSION. SUPPORTING DISTRICT RECRUITMENT AND RETENTION EFFORTS OF DIVERSE MALE TEACHERS THROUGH THE 1000 BY 2025 INITIATIVE. CELEBRATING SCHOOL-LEVEL TEACHERS OF THE YEAR AT THE ANNUAL EDDY AWARDS.
SCHOOL LEADERSHIP - PROFESSIONAL DEVELOPMENT AND COACHING SUPPORT FOR SCHOOL PRINCIPALS. PARENTS LEADERSHIP - SUPPORT TO DUVAL COUNTY PUBLIC SCHOOLS TO FACILITATE A 20-SESSION PROGRAM THAT TRAINS A COHORT OF PARENTS IN CIVIC LEADERSHIP SO THAT THEY CAN BECOME CHANGE AGENTS ON BEHALF OF CHILDREN IN THE COMMUNITY. ADDITIONALLY, AS FISCAL AGENT, JPEF CONNECTS AND FACILITATES CONTRIBUTIONS FROM LOCAL DONORS TO SCHOOLS AND EDUCATIONAL PROGRAMS.
ADVOCACY AND RESEARCH - CONDUCT RESEARCH ON EDUCATIONAL BEST PRACTICES AND EVALUATE JPEF PROGRAMS. KEEP THE COMMUNITY INFORMED ON EDUCATION ISSUES THROUGH THE ADVOCACY CENTER ON JAXPEF.ORG, HOSTING ADVOCACY NIGHTS, PUBLISHING POLICY BRIEFS.
CAMPAIGN FOR GRADE LEVEL READING - COORDINATE A COMMUNITY EFFORT TO IMPROVE THIRD GRADE READING SCORES OF STUDENTS IN DUVAL COUNTY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kevin Hyde Board Chair | OfficerTrustee | 1 | $0 |
Coley Jones Treasurer | OfficerTrustee | 0.5 | $0 |
Ronnie King Director | Trustee | 0.5 | $0 |
Marsha Oliver Director | Trustee | 0.5 | $0 |
Donna Orender Director | Trustee | 0.5 | $0 |
Buck Williams Board Vice Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mandy Clark Consulting Llc Consulting | 6/29/21 | $188,645 |
Frank Csar Consulting | 6/29/21 | $173,358 |
Urban Policy Development Llc (Upd) Consulting | 6/29/21 | $124,455 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $269,044 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,777,318 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,046,362 |
| Total Program Service Revenue | $318,229 |
| Investment income | $64,836 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$66,249 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,363,178 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $160,749 |
| Grants and other assistance to domestic individuals. | $71,868 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $163,297 |
| Compensation of current officers, directors, key employees. | $38,440 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $785,098 |
| 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,301 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,318 |
| Travel | $54,774 |
| 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 | $12,762 |
| Insurance | $9,550 |
| All other expenses | $166,703 |
| Total functional expenses | $2,485,217 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,233,264 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $372,258 |
| 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 | $8,588 |
| Net Land, buildings, and equipment | $18,615 |
| Investments—publicly traded securities | $2,208,827 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $104,374 |
| Total assets | $3,945,926 |
| Accounts payable and accrued expenses | $37,677 |
| Grants payable | $0 |
| Deferred revenue | $107,499 |
| 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 | $145,176 |
| Net assets without donor restrictions | $3,127,929 |
| Net assets with donor restrictions | $672,821 |
| 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 | $3,945,926 |
Grants Awarded
Over the last fiscal year, Jacksonville Public Education Fund Inc has awarded $156,298 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
DONORCHOOSE PURPOSE: CONTRIBUTIONS TO VARIOUS TEACHER CLASSROOM PROJECTS. | $25,000 |
DUVAL COUNTY PUBLIC SCHOOLS PURPOSE: GRANTS FOR VARIOUS SCHOOLS. | $98,748 |
READ USA INC PURPOSE: STUDENT BOOKS TO VARIOUS DUVAL COUNTY PUBLICE SCHOOLS | $22,550 |
TEACH FOR AMERICA PURPOSE: TEACHER RECRUITMENT GRANT | $10,000 |