Catholic Education Opportunities Foundation Inc
- Assets
- $594.8k
- Revenue
- $492.4k
- Investments
- $402.8k
- Employees
- 1
- Location
- Lexington, KY
- Founding
- 07/2019
- Data as of
- 12/2021
- EIN
- 83-0910844
Organization Overview
Catholic Education Opportunities Foundation Inc is located in Lexington, KY. The organization was established in 2019. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Catholic Education Opportunities 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 12/2021, Catholic Education Opportunities Foundation Inc generated $492.4k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 56.5% each year . All expenses for the organization totaled $126.2k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
RAISING FUNDS FOR TUITION ASSISTANCE FOR STUDENTS ATTENDING K-8 CATHOLIC SCHOOLS IN CENTRAL AND EASTERN KENTUCKY COUNTIES ENCOMPASSED BY THE DIOCESE OF LEXINGTON.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CATHOLIC EDUCATION OPPORTUNITIES FOUNDATION DISTRIBUTED $18,513 TO NEEDY FAMILIES TO SEND THEIR CHILDREN TO CATHOLIC SCHOOLS IN THE DIOCESE OF LEXINGTON KY
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Thompson Executive Director | 40 | $75,000 | |
Carol Steltenkamp Vice President | Officer | 1 | $0 |
William Hoskins President | Officer | 1 | $0 |
Daniel Bork Treasurer | Officer | 1 | $0 |
Daniel Noll Secretary | Officer | 1 | $0 |
David Bowling Director | Trustee | 1 | $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 | $466,135 |
| Noncash contributions included in lines 1a–1f | $50,090 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $466,135 |
| Total Program Service Revenue | $0 |
| Investment income | $26,239 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $492,374 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $18,513 |
| 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 | $75,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,185 |
| Payroll taxes | $4,871 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $719 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,257 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,118 |
| Office expenses | $419 |
| 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 | $139 |
| All other expenses | $0 |
| Total functional expenses | $126,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $77,101 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $14,878 |
| 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 | $50,090 |
| Investments—other securities | $402,773 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $50,000 |
| Total assets | $594,842 |
| Accounts payable and accrued expenses | $6,870 |
| 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 | $6,870 |
| Net assets without donor restrictions | $215,591 |
| Net assets with donor restrictions | $372,381 |
| 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 | $594,842 |
Grants Awarded
Over the last fiscal year, Catholic Education Opportunities Foundation Inc has awarded $18,513 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
Lexington, KY PURPOSE: Tuition assistance | $2,848 |
Lexington, KY PURPOSE: Tuition assistance | $2,659 |
Lexington, KY PURPOSE: Tuition assistance | $1,899 |
Lexington, KY PURPOSE: Tuition assistance | $1,614 |
Lexington, KY PURPOSE: Tuition assistance | $1,519 |
Lexington, KY PURPOSE: Tuition assistance | $1,424 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Catholic Education Opportunities Foundation Inc has recieved totaling $17,277.
| Awarding Organization | Amount |
|---|---|
Blue Grass Community Foundation Inc Lexington, KY PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $10,000 |
Charities Aid Foundation America Alexandria, VA PURPOSE: CHARITABLE DONATION | $7,277 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dynamic Catholic Institute Cincinnati, OH | $46,011,933 | $24,743,201 |
Holy Cross Village At Notre Dame Inc Notre Dame, IN | $38,111,514 | $15,375,443 |
Society Of St Vincent De Paul Archdiocesan Council Of Indianapolis, IN | $9,105,471 | $5,968,988 |
Cise Cincinnati, OH | $26,854,331 | $7,324,023 |
Holy Love Ministries North Ridgeville, OH | $21,288,130 | $2,402,696 |
Marian Wayside Shrine Foundation Inc Saint John, IN | $16,789,912 | $5,177,827 |
Sacred Heart Center Inc Richmond, VA | $1,482,617 | $2,142,804 |
United States Catholic Conference Barrington, IL | $18,377,452 | $2,584,855 |
Margarets Village Chicago, IL | $1,100,543 | $2,234,749 |
Catholic Urban Programs Nfp East St Louis, IL | $3,029,817 | $1,873,870 |
Shellbourne Inc Valparaiso, IN | $7,796,510 | $1,573,745 |
Our Lady Of Good Counsel Church Verona, KY | $15,866,147 | $4,330,529 |