Bartlett Education Foundation Inc
- Assets
- $76.4k
- Revenue
- $67.7k
- Investments
- $0.0
- Employees
- 1
- Location
- Bartlett, TN
- Founding
- 03/1998
- Data as of
- 12/2022
- EIN
- 62-1716392
Organization Overview
Bartlett Education Foundation Inc is located in Bartlett, TN. The organization was established in 1998. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Bartlett 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 12/2022, Bartlett Education Foundation Inc generated $67.7k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 21.7% each year . All expenses for the organization totaled $49.1k during the year ending 12/2022. While expenses have increased by 2.9% per year over the past 2 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION WORKS TO RAISE GRANT FUNDS TO AID IN THE IMPLEMENTATION OF PROGRAMS AND EDUCATIONAL OPPORTUNITIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING THREE $10K GRANTS TO THREE SCHOOLS. THEY PURCHASED BOOK VENDING MACHINES AND BOOKS TO PROVIDE BOOKS TO THEIR STUDENTS AS PART OF REWARD PROGRAMS THAT ENCOURAGE THE STUDENTS TO READ.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jimme N Blair Executive Director | Officer | 20 | $5,833 |
Todd Ruston President | Officer | 2 | $0 |
Crandall B Quinn Treasurer | Officer | 2 | $0 |
Kathy Carl Vice President | Officer | 2 | $0 |
Suzanne Griffith-Coleman Secretary | Officer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $495 |
| Related organizations | $1,000 |
| Government grants | $60,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,162 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $67,657 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $67,657 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $41,703 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $5,387 |
| Compensation of current officers, directors, key employees. | $5,387 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $893 |
| 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 | $0 |
| Office expenses | $494 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $0 |
| Insurance | $210 |
| All other expenses | $0 |
| Total functional expenses | $49,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,425 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $76,425 |
| Accounts payable and accrued expenses | $2,582 |
| 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 | $2,582 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $73,843 |
| Total liabilities and net assets/fund balances | $76,425 |
Grants Awarded
Over the last fiscal year, Bartlett Education Foundation Inc has awarded $32,526 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
APPLING MIDDLE SCHOOL PURPOSE: 2 GRANTS | $11,995 |
ELMORE PARK MIDDLE SCHOOL PURPOSE: 10K two grants | $10,531 |
BON LIN ELEMENTARY PURPOSE: 1 GRANT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
North Mississippi Education Consortion University, MS | $2,578,004 | $9,299,460 |
Memphis Education Fund Inc Memphis, TN | $2,536,598 | $5,955,711 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |
Pencil Foundation Nashville, TN | $3,991,693 | $7,143,023 |
Edreports Org Inc Durham, NC | $5,799,627 | $6,182,160 |
American School Counselor Association Alexandria, VA | $7,066,172 | $7,522,290 |
Grace Christian Academy Of Leipers Fork Franklin, TN | $10,280,279 | $8,867,909 |
Healthmpowers Inc Norcross, GA | $4,830,831 | $6,606,779 |
Manna Cafe Ministries Clarksville, TN | $2,290,772 | $5,669,916 |
Innovative Education Partnership Corporation Maryville, TN | $1,869,912 | $5,283,927 |
Association For The Advancement Of Education Inc Saxapahaw, NC | $14,393,237 | $5,390,894 |
Kauffman Scholars Inc Kansas City, MO | $2,305,850 | $5,242,341 |