Chambers County Educational Found Chambers Academy is located in Lafayette, AL. The organization was established in 2002. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2024, Chambers County Educational Found Chambers Academy employed 73 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chambers County Educational Found Chambers Academy 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 06/2024, Chambers County Educational Found Chambers Academy generated $2.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $2.3m during the year ending 06/2024. While expenses have increased by 7.8% per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE CHAMBERS COUNTY EDUCATIONAL FOUNDATION, INC. PROVIDES EDUCATIONAL OPPORTUNITIES FOR DAYCARE, PRESCHOOL, AND GRADES ONE THROUGH TWELVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES EDUCATIONAL OPPORTUNITIES FOR PRESCHOOL, DAYCARE, AND GRADES ONE THROUGH TWELVE.
THE FOUNDATION PROVIDES EDUCATIONAL OPPORTUNITIES FOR PRESCHOOL, DAYCARE, AND GRADES ONE THROUGH TWELVE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
April Fuller Treasurer | OfficerTrustee | $0 | |
Brandon Heath Director | Trustee | $0 | |
Jessica Hendrix Secretary | OfficerTrustee | $0 | |
David Howard Vice-Chairma | OfficerTrustee | $0 | |
Kyle Jackson Chairman | OfficerTrustee | $0 | |
Kevin Keel Director | Trustee | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $523,766 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $523,766 |
Total Program Service Revenue | $1,883,025 |
Investment income | $12,196 |
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 | $2,418,987 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
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 of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,199,998 |
Pension plan accruals and contributions | $45,000 |
Other employee benefits | $8,797 |
Payroll taxes | $97,862 |
Fees for services: Management | $0 |
Fees for services: Legal | $15,863 |
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 | $4,654 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $11,154 |
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 | $113,412 |
Insurance | $0 |
All other expenses | $414,697 |
Total functional expenses | $2,291,905 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $430,454 |
Savings and temporary cash investments | $976,595 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $381 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,678 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $532,701 |
Investments—publicly traded securities | $7,990 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | -$133,252 |
Total assets | $1,816,547 |
Accounts payable and accrued expenses | $6,266 |
Grants payable | $0 |
Deferred revenue | $26,401 |
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 | $1,570 |
Total liabilities | $34,237 |
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 | $1,606,615 |
Retained earnings, endowment, accumulated income, or other funds | $175,695 |
Total liabilities and net assets/fund balances | $1,816,547 |