Edna Education Foundation
- Assets
- $1.1m
- Revenue
- $466.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Edna, TX
- Founding
- 11/2017
- Data as of
- 08/2022
- EIN
- 82-2367269
Organization Overview
Edna Education Foundation is located in Edna, TX. The organization was established in 2017. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Edna 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 08/2022, Edna Education Foundation generated $466.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 38.2% each year . All expenses for the organization totaled $75.9k during the year ending 08/2022. While expenses have increased by 29.1% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Edna Education Foundation has awarded 11 individual grants totaling $103,834. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE OPPORTUNITIES FOR EXCELLENCE IN EDUCATION, PROMOTE INNOVATION IN TEACHING, AND PARTNER WITH THE COMMUNITY TO ENHANCE THE EDUCATIONAL EXPERIENCE FOR ALL STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE OPPORTUNITIES FOR EXCELLENCE IN EDUCATION, PROMOTE INNOVATION IN TEACHING, AND PARTNER WITH THE COMMUNITY TO ENHANCE THE EDUCATIONAL EXPERIENCE FOR ALL STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Madalyn Maresh Secretary | OfficerTrustee | 2 | $0 |
Darrin Watkins VP Of Finance & Governance | OfficerTrustee | 2 | $0 |
Merrill L Ulbricht President | OfficerTrustee | 2 | $0 |
Lindsey Floyd VP Of Marketing & Events | Trustee | 2 | $0 |
William Alex School Board Representative | Trustee | 1 | $0 |
Jill Crenshaw VP Of Development | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $454,811 |
| 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 | $454,811 |
| Total Program Service Revenue | $0 |
| Investment income | $1,330 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $10,570 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $466,711 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $73,813 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $130 |
| Office expenses | $1,292 |
| 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 | $633 |
| All other expenses | $60 |
| Total functional expenses | $75,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,028,786 |
| Savings and temporary cash investments | $97,451 |
| 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 | $1,126,237 |
| 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 | $1,126,237 |
| 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 | $1,126,237 |
Grants Awarded
Over the last fiscal year, Edna Education Foundation has awarded $73,813 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
EDNA ISD | | | $50,163 |
EDNA ELEMENTARY - LEARNING | | | $10,500 |
EDNA HIGH SCHOOL - DUAL CREDIT | | | $5,000 |
EDNA ELEMENTARY - READING | | | $5,000 |
EDNA ELEMENTARY - WORK IT OUT | | | $3,150 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Edna Education Foundation has recieved totaling $302,081.
| Awarding Organization | Amount |
|---|---|
Building Bridge Foundation San Antonio, TX PURPOSE: TO PROMOTE EDUCATION IN THE EDNA COMMUNITY | $300,000 |
Bruce & Gladys Wright Charitable Trust Edna, TX PURPOSE: TEACHER GRANTS | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $81 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |
Kimberly-Clark Foundation Inc Irving, TX | $0 | $5,825,814 |
San Antonio Livestock Exposition Educational Fund Inc San Antonio, TX | $23,576,511 | $4,942,243 |
The Forte Foundation Austin, TX | $3,571,246 | $5,400,451 |
Usaa Educational Foundation San Antonio, TX | $96,381,454 | $7,561,828 |
Ulm Athletic Foundation Monroe, LA | $3,668,358 | $2,963,740 |
Panhandle-Plains Higher Education Foundation Inc Canyon, TX | $182,464,704 | $13,006,465 |
American Indian Graduate Center Scholars Albuquerque, NM | $1,252,569 | $3,993,312 |