Farney Elementary Parent-Teacher Organization
- Assets
- $26.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cypress, TX
- Founding
- 10/2000
- Data as of
- 06/2022
- EIN
- 76-0651074
Organization Overview
Farney Elementary Parent-Teacher Organization is located in Cypress, TX. The organization was established in 2000. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Farney Elementary Parent-Teacher Organization 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 06/2022, Farney Elementary Parent-Teacher Organization generated $54.2k 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 (5.7%) each year. All expenses for the organization totaled $66.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (3.2%) 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
SUPPORT THE SCHOOL AND THE STUDENTS WITH TOOLS AND ACTIVITIES THAT THE SCHOOL DISTRICT CANNOT PROVIDE. THE PTO PROMOTES COMMUNICATION BETWEEN PARENTS AND TEACHERS TO ESTABLISH A GREATER RELATIONSHIP FOR THE WELFARE OF THE CHILDREN. PARENTS INVOLVED ASSIST TEACHERS BY READING, TUTORING, MENTORING, AND OFFERING PROGRAMS SUCH AS FIELD TRIPS, AUTHOR DAYS, AND CULTURAL ARTS. THE PTO MAY ALSO PURCHASE LEARNING TOOLS SUCH AS BOOKS, COMPUTER PROGRAMS, PUZZLES, GYM EQUIPMENT, ART AND MUSIC SUPPLIES AND SCIENCE EQUIPMENT. ALL INCOME IS USED TO BENEFIT THE CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Ford Secretary | 10 | $0 | |
Alea Klobenz Treasurer | 10 | $0 | |
Dana Bahn President | 10 | $0 | |
Melanie Potts VP Membership | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,435 |
| Total Program Service Revenue | $0 |
| Membership dues | $1,405 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $39,551 |
| Other Revenue | $0 |
| Total Revenue | $54,201 |
| 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 | $92 |
| Other expenses | $2,187 |
| Total expenses | $66,938 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $26,536 |
| Other assets | $0 |
| Total assets | $26,536 |
| Total liabilities | $0 |
| Net assets or fund balances | $26,536 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Farney Elementary Parent-Teacher Organization has recieved totaling $291.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $291 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Highland Park High School Parent Teacher Association Dallas, TX | $1,961,762 | $3,820,303 |
Pta Texas Congress Austin, TX | $9,650,412 | $2,550,433 |
University Park School Parent- Teacher Association Dallas, TX | $1,557,586 | $1,382,964 |
Robert S Hyer School Parent-Teacher Association Dallas, TX | $2,186,928 | $1,581,851 |
John S Bradfield School Parent Teacher Association Dallas, TX | $1,267,378 | $1,439,691 |
John S Armstrong School Parent- Teachers Association Dallas, TX | $749,667 | $1,165,193 |
Pta Texas Congress Houston, TX | $512,215 | $733,966 |
Citizens For Educational Excellence Inc Corpus Christi, TX | $689,060 | $1,081,165 |
Westlake Chap Club Inc Austin, TX | $552,754 | $684,495 |
Michael M Boone Elementary Parent- Teacher Organization Dallas, TX | $584,373 | $939,830 |
Baton Rouge Alliance For Students Baton Rouge, LA | $1,815,988 | $2,282,423 |
Pta Texas Congress Houston, TX | $484,147 | $555,193 |