Alexander City Schools Education Foundation
- Assets
- $157.5k
- Revenue
- $111.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Alexander City, AL
- Founding
- 12/1997
- Data as of
- 12/2022
- EIN
- 72-1364564
Organization Overview
Alexander City Schools Education Foundation is located in Alexander City, AL. The organization was established in 1997. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Alexander City Schools Education Foundation 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, Alexander City Schools Education Foundation generated $111.5k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.9%) each year. All expenses for the organization totaled $70.1k during the year ending 12/2022. 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
TO CONTRIBUTE TO THE EDUCATIONAL EXPERIENCE OF THE STUDENTS IN THE ALEXANDER CITY SCHOOL DISTRICT AND PROMOTE EXCELLENCE FOR THE DEVELOPMENT OF EDUCATION PROGRAMS FOR THE OVERALL ENHANCEMENT OF THE ALEXANDER CITY SCHOOL DISTRICT
Describe the Organization's Program Activity:
Part 3 - Line 4a
PURCHASED A CELL PHONE BOOSTER FOR JIM PEARSON ELEMENTARY SCHOOL TO ALLOW CELL PHONES TO BE USED THROUGHOUT THE BUILDING - THIS WAS USED FOR SAFETY AND FOR COMMUNICATION AMONG FACULTY AND STAFF.
ENCOURAGEMENT AND SPONSORSHIPS FOR TEACHERS
SUPPORTED THE ALEXANDER CITY SCHOOLS WITH TECHNOLOGY AND INSTRUCTIONAL EQUIPMENT TO ENHANCE THE EDUCATION OF STUDENTS IN THE ALEXANDER CITY SCHOOL DISTRICT. THIS WAS DONE THROUGH TEACHER GRANTS WHICH WERE AWARDED TO ALL FIVE SCHOOLS IN THE SYSTEM.
PROVIDED FUNDS FOR FIELD TRIPS TO ENHANCE THE EDUCATION OF THE STUDENTS IN THE ALEXANDER CITY SCHOOL SYSTEM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Harris Executive Director | Officer | 20 | $24,000 |
Anna Speaks President | Officer | 2 | $0 |
Shahita Todd Secretary | Officer | 1 | $0 |
Margie Thames Treasurer | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $10,076 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $101,240 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $111,316 |
| Total Program Service Revenue | $0 |
| Investment income | $494 |
| 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 | -$300 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $111,510 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $41,504 |
| 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. | $24,000 |
| Compensation of current officers, directors, key employees. | $24,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $2,876 |
| Office expenses | $1,719 |
| 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 | $0 |
| All other expenses | $0 |
| Total functional expenses | $70,099 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,409 |
| Savings and temporary cash investments | $100,065 |
| 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 | $157,474 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $157,474 |
| 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 | $157,474 |
Grants Awarded
Over the last fiscal year, Alexander City Schools Education Foundation has awarded $95,566 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ALEXANDER CITY BOARD OF EDUCATIONS PURPOSE: Purchased 29 Viewsonic Panels for Jim Pearson Elementary School. The description of the Viewsonic Panels is as follows: ViewSonic ViewBoard IFP6550-E2 - 65' Diagonal Class LED display - interactive - with built-in media player and touchscreen (multi touch) - 4K UHD (2160p) 3840 x 2160 - with ViewSonic LB-WIFI-001 Dual Band Wireless Module, ViewSonic VB-STND-001 Mobile Trolley Cart. | $60,000 |
ALEXANDER CITY BOARD OF EDUCATION PURPOSE: Teacher Grants | $35,566 |