Gulf Coast Education Initiative Consortium Inc
- Assets
- $1.2m
- Revenue
- $348.9k
- Investments
- $646.2k
- Employees
- 2
- Location
- Gulfport, MS
- Founding
- 02/1998
- Data as of
- 09/2021
- EIN
- 64-0888100
Organization Overview
Gulf Coast Education Initiative Consortium Inc is located in Gulfport, MS. The organization was established in 1998. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 09/2021, Gulf Coast Education Initiative Consortium Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gulf Coast Education Initiative Consortium 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 09/2021, Gulf Coast Education Initiative Consortium Inc generated $348.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $288.7k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (11.4%) per year over the past 6 years. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PROVIDE PROFESSIONAL DEVELOPMENT FOR TEACHERS AND ADMINISTRATORS AND TO ENHANCE COMMUNICATION AMONG THE MEMBER DISTRICTS WITH THE GOAL OF IMPROVING STUDENT PERFORMANCE THROUGH THE INTEGRATION OF TECHNOLOGY AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GULF COAST EDUCATION CONSORTIUM FOCUSES ON THREE AREAS OF EMPHASIS: PROFESSIONAL DEVELOPMENT, TECHNOLOGY IMPLEMENTATION, AND COLLABORATION AND COOPERATION. IT DEVELOPS THE NEEDS ASSESSMENT PROCESS FOR PROFESSIONAL DEVELOPMENT, PROVIDES TRAINING IN THE MOST ADVANCED HARDWARE AND SOFTWARE, AND COLLABORATES WITH EXISTING AGENCIES, ORGANIZAITONS, AND SCHOOLS TO BRING ABOUT A COMMUNITY ENVIRONMENT THAT WILL HELP PEOPLE HELP THEMSELVES. IT ALSO SUPPORTS PROFESSIONAL DEVELOPMENT, CURRICULUM AND INSTRUCTION, TECHNOLOGY, AND SPECIAL EDUCATION COORDINATORS. ADDITIONALLY, THE ORGANIZATION SERVES APPROXIMATELY 90,000 STUDENTS AND 20 SCHOOL DISTRICTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Dianne King Executive Director | Trustee | 40 | $83,256 |
Mr Alan Lumpkin Board Member | Officer | 20 | $0 |
Dr Sandra Reed Board Member | Officer | 20 | $0 |
Dr Matt Dillon Board Member | Officer | 20 | $0 |
Mr Glen East Chairperson | Officer | 20 | $0 |
Mr Marcus Boudreaux - Treasurer Board Member | Officer | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $27,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,000 |
| Total Program Service Revenue | $296,428 |
| Investment income | $11,348 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,995 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $348,880 |
| 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. | $83,256 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,519 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $970 |
| Payroll taxes | $9,295 |
| 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 | $5,650 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,950 |
| Travel | $819 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $126,173 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,664 |
| Insurance | $293 |
| All other expenses | $0 |
| Total functional expenses | $288,746 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $444,843 |
| Savings and temporary cash investments | $115,705 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,110 |
| 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 | $807 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $646,218 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,243,683 |
| Accounts payable and accrued expenses | $14,524 |
| Grants payable | $0 |
| Deferred revenue | $8,558 |
| 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 | $27,044 |
| Total liabilities | $50,126 |
| Net assets without donor restrictions | $1,193,557 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $1,243,683 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Gulf Coast Education Initiative Consortium Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Gulf Coast Community Foundation Inc Gulfport, MS PURPOSE: GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arkansas Connections Academy Inc Bentonville, AR | $3,114,083 | $20,599,824 |
Northlake Christian School Covington, LA | $15,559,549 | $15,961,975 |
Instruction Partners Nashville, TN | $7,038,441 | $15,858,376 |
Alabama Nursing Home Association Education Foundation Montgomery, AL | $40,408,149 | $40,141,575 |
Arkansas Public School Resource Center Inc Little Rock, AR | $6,340,415 | $12,760,504 |
Mission Interests Committee Harrison, AR | $10,271,501 | $13,233,204 |
Read Foundation Memphis, TN | $15,946,000 | $13,611,845 |
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 |