Garrett County Public Schools Foundation Inc

Organization Overview

Garrett County Public Schools Foundation Inc is located in Mchenry, MD. The organization was established in 2016. According to its NTEE Classification (B19) the organization is classified as: Support 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. Garrett County Public Schools Foundation 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 06/2022, Garrett County Public Schools Foundation Inc generated $559.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 33.2% each year . All expenses for the organization totaled $446.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION'S PURPOSE IS TO SUPPLEMENT EDUCATIONAL FUNDING TO PROVIDE OPPORTUNITIES TO STUDENTS AND FACULTY BEYOND WHAT FEDERAL, STATE, AND COUNTY TAX DOLLARS AND SCHOOL SYSTEM CAN PROVIDE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM SUPPORT - TO PROVIDE SUPPORT TO SCHOOLS, DEPARTMENTS, SPECIAL INTERESTS, AND OTHER PROJECTS APPROVED BY THE FOUNDATION.


ENDOWMENT - TO PROVIDE SUPPORT FOR STUDENT SCHOLARSHIPS


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Board, Officers & Key Employees

Name (title)Compensation
Thomas Carr
Treasurer
$0
Cynthia Downton
President
$0
Keith Harvey
Director
$0
Henrietta Lease
Director
$0
Anna Miller
Secretary
$0
Keith Sanders
Vice Preside
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$555,041
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$555,041
Total Program Service Revenue$0
Investment income $2,986
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,890
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $559,917

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