Barbour County Local Education Fund is located in Clayton, AL. The organization was established in 1995. According to its NTEE Classification (T30) the organization is classified as: Public 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. Barbour County Local Education Fund 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 05/2022, Barbour County Local Education Fund generated $56.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (10.3%) each year. All expenses for the organization totaled $10.0 during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (65.7%) per year over the past 7 years. 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
2022
Describe the Organization's Program Activity:
Part 3
DURING THE CURRENT YEAR, THE BARBOUR COUNTY LOCAL EDUCATION FUND CONTINUED EFFORTS TO BRING IN CONTRIBUTIONS IN ORDER TO PROVIDE GRANTS TO THE BARBOUR COUNTY BOARD OF EDUCATION FOR ENHANCEMENT OF THE EDUCATION OF STUDENTS IN BARBOUR COUNTY, ALABAMA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mcdonald Comer Vice President | 1 | $0 | |
Robert Bennett President | 2 | $0 | |
Homer Henson Secretary/treas | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $56 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $56 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $10 |
Total expenses | $10 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $24,029 |
Other assets | $0 |
Total assets | $24,029 |
Total liabilities | $0 |
Net assets or fund balances | $24,029 |
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