Deer Valley Education Foundation
- Assets
- $505.5k
- Revenue
- $182.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Phoenix, AZ
- Founding
- 02/1988
- Data as of
- 06/2023
- EIN
- 74-2472475
Organization Overview
Deer Valley Education Foundation is located in Phoenix, AZ. The organization was established in 1988. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Deer Valley 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 06/2023, Deer Valley Education Foundation generated $182.0k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.8%) each year. All expenses for the organization totaled $185.3k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO FOSTER EXCELLENCE IN EDUCATION BY FUNDING PROGRAMS THAT ENHANCE THE CAPABILITIES OF DEER VALLEYS SCHOOLS TO STIMULATE STUDENTS ACADEMIC ACHIEVEMENT AND ENRICH THE LEARNING ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS AND AWARDS: $3,090 IN DUAL ENROLLMENT TUITION INCLUDING BOOKS AND SUPPLIES TO 3 STUDENTS, AND $7,250 IN COLLEGE SCHOLARSHIPS TO 3 STUDENTS.TEACHERS OF THE YEAR, TEACHERS FUND: 76 TEACHERS WERE AWARDED FOR THEIR HARD WORK AND OUTSTANDING PERFORMANCE.SCHOOL NURSES: DVEF RECOGNIZED 52 OF OUR SCHOOL NURSES TO THANK THEM FOR THEIR DEDICATION TO OUR STUDENTS.BATTLE OF THE BOOKS: 164 TEAMS FROM 20 OF OUR SCHOOLS PARTICIPATED THIS YEAR. THATS ALMOST 500 STUDENTS. THANKS TO THIS PROGRAM, BOOKS ARE DONATED TO SCHOOL LIBRARIES, KIDS READ BOOKS FROM DIFFERENT GENRES, AND LEARN LEADERSHIP SKILLS AND HOW TO WORK TOGETHER AS A TEAM. SHELTER AND FOOD: WE HAVE HAD AN OVER-WHELMING NEED FROM FAMILIES IN OUR DISTRICT WHO WERE DISPLACED FROM THEIR HOMES FOR DIFFERENT REASON, OR DID NOT HAVE FUNDS TO BUY FOOD FOR THEIR CHILDREN. DVEF WAS ABLE TO SUPPLY GIFT CARDS FOR FOOD, AND A COUPLE NIGHTS IN A MOTEL FOR FAMILIES WHO HAD NO WHERE TO GO. SOME WERE LIVING IN THEIR CARS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marie Brennan Executive Director | Officer | 40 | $65,255 |
Mj Gilbert Director | Trustee | 1 | $0 |
Harry Shapiro Director | Trustee | 1 | $0 |
Brad Kramer Director | Trustee | 1 | $0 |
Stacey Shanahan Director | Trustee | 1 | $0 |
Maren Rosendahl Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $91,390 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $88,949 |
| Noncash contributions included in lines 1a–1f | $8,090 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $180,339 |
| Total Program Service Revenue | $0 |
| Investment income | $20,265 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$18,584 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $182,020 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,147 |
| Grants and other assistance to domestic individuals. | $68,094 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $78,504 |
| Compensation of current officers, directors, key employees. | $3,925 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,041 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,149 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $3,285 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,430 |
| Information technology | $678 |
| 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 | $4,245 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,351 |
| All other expenses | $0 |
| Total functional expenses | $185,276 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,377 |
| Savings and temporary cash investments | $0 |
| 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 | $3,460 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $438,637 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $505,474 |
| Accounts payable and accrued expenses | $5,912 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $74,508 |
| 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 | $80,420 |
| Net assets without donor restrictions | $327,733 |
| Net assets with donor restrictions | $97,321 |
| 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 | $505,474 |