Franklin County Education Corporation
- Assets
- $467.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Meadville, MS
- Founding
- 10/1992
- Data as of
- 12/2021
- EIN
- 64-0817624
Organization Overview
Franklin County Education Corporation is located in Meadville, MS. The organization was established in 1992. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Franklin County Education Corporation 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, Franklin County Education Corporation generated $168.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $81.7k during the year ending 12/2021. While expenses have increased by 2.6% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Collins Vice President | 0 | $0 | |
Jennifer Turnage Secretary/treas | 0 | $0 | |
Dr Elmo P Gabbert Director | 0 | $0 | |
Woodrow Wilson Director | 0 | $0 | |
Brad Jones Director | 0 | $0 | |
Bob Kimbrough Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $167,209 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $892 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $168,101 |
| 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 | $1,585 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $99 |
| Total expenses | $81,725 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $467,809 |
| Other assets | $0 |
| Total assets | $467,809 |
| Total liabilities | $0 |
| Net assets or fund balances | $467,809 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Franklin County Education Corporation has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
R Howard Dobbs Jr Foundation Inc Atlanta, GA PURPOSE: IN MEMORIAM - SCHOLARSHIP FUND | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nashville Christian Schools Inc Nashville, TN | $15,861,527 | $11,380,929 |
Community Action Agency Of South Alabama Daphne, AL | $2,794,375 | $8,517,867 |
Memphis Rise Academy Inc Memphis, TN | $16,603,150 | $9,374,095 |
A Plus Education Partnership Montgomery, AL | $5,680,033 | $9,890,128 |
University Of Southern Mississippi Athletic Foundation Hattiesburg, MS | $15,145,545 | $10,544,617 |
Alabama Christian Academy Montgomery, AL | $8,754,762 | $7,432,342 |
Christian Schools Inc River Ridge, LA | $11,376,720 | $7,440,068 |
Advocates For Science And Mathematics Education Inc New Orleans, LA | $2,449,912 | $6,552,460 |
Mobile Christian School Mobile, AL | $6,544,379 | $6,496,317 |
Westbrook Christian School Inc Rainbow City, AL | $8,485,685 | $5,752,322 |
Strive Collegiate Academy Inc Nashville, TN | $3,579,293 | $4,932,773 |
Vision Preparatory Charter School Inc Memphis, TN | $2,239,199 | $4,815,802 |