Education Foundation Of Eagle County
- Assets
- $230.0k
- Revenue
- $575.5k
- Investments
- $0.0
- Employees
- 7
- Location
- Edwards, CO
- Founding
- 05/2001
- Data as of
- 06/2022
- EIN
- 84-1585417
Organization Overview
Education Foundation Of Eagle County is located in Edwards, CO. The organization was established in 2001. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2022, Education Foundation Of Eagle County employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education Foundation Of Eagle County 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, Education Foundation Of Eagle County generated $575.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $555.2k during the year ending 06/2022. While expenses have increased by 13.9% per year over the past 7 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 2017, Education Foundation Of Eagle County has awarded 26 individual grants totaling $442,244. 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
THE EDUCATION FOUNDATION OF EAGLE COUNTY (EFEC) IS COMMITTED TO EDUCATION AND STUDENTS INTELLECTUAL AND EMOTIONAL GROWTH THROUGH EQUITABLE ACCESS TO IN-SCHOOL ENRICHMENT PROGRAMS, MENTAL HEALTH SUPPORTS, AND EFFORTS TO RECOGNIZE AND RETAIN TOP TEACHER TALENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EFECS MENTAL HEALTH PROGRAMS IDENTIFY AND ACTIVATE SOLUTIONS FOR STUDENTS AND EDUCATORS MENTAL HEALTH. EFEC SEEKS TO ENSURE THAT EVERY EAGLE COUNTY SCHOOL IS STAFFED WITH A MENTAL HEALTH PROFESSIONAL AND THE RESOURCES THEY NEED TO BE EFFECTIVE. ADDITIONALLY, EFEC FUNDS AND COORDINATES NON-PROFITS PROVIDING MENTAL HEALTH SUPPORT SERVICES AND SOCIAL-EMOTIONAL LEARNING IN K-12 SCHOOLS CALLED THE BEHAVIORAL EDUCATION PROVIDERS. FOUR LOCAL NON-PROFIT ORGANIZATIONS RECEIVED $92,950 IN FUNDING FROM EFEC. THE MISSIONS OF THE ORGANIZATIONS INCLUDE: SUICIDE PREVENTION; PREVENTION & INTERVENTION OF DOMESTIC VIOLENCE AND SEXUAL ASSAULT; REDUCTION OF TEEN PREGNANCY. INCLUDED IN THE EXPENSES, $20,547 WAS SPENT ON TEACHER APPRECIATION AND EDUCATOR MENTAL HEALTH SUPPORTS AND $13,175 WAS PAID TO OUTSIDE HELPERS TO RELIEVE TEACHERS OF SUPERVISING RECESS AND LUNCH PERIODS.
COMMUNITY ENGAGEMENT ENCOMPASSES PROJECTS SUCH AS ADVOCACY, LEADERSHIP DEVELOPMENT, AND PROJECT GRADUATION FOR BATTLE MOUNTAIN HIGH SCHOOL.
THE EQUITABLE CLASSROOMS PROGRAM PROVIDES FUNDING TO SCHOOLS THROUGH A GRANT APPLICATION PROCESS. PRINCIPALS, TEACHERS, AND STUDENTS REQUEST FUNDS TO MEET SPECIFIC NEEDS OF THEIR CLASSROOMS. GRANTS ARE AWARDED IN THREE CATEGORIES: STEM, ARTS & MUSIC, AND EQUITY. THE EDUCATION FOUNDATION OF EAGLE COUNTY (EFEC) GRANTED THE EAGLE COUNTY SCHOOL DISTRICT $25,808 OF WHICH $14,933 WAS FOR STEM, $5,975 WAS FOR ARTS/MUSIC AND $4,900 WAS FOR EQUITY. ADDITIONALLY, $2,800 WAS DISTRIBUTED TO TWO SCHOOLS FOR ADDITIONAL PROGRAMS. EFEC DISTRIBUTED SIGNIFICANT FUNDING OF $82,104 TO 9 LOCAL ELEMENTARY SCHOOLS AND 1 PRE-SCHOOL THROUGH A SUBPROGRAM CALLED WILD WEST DAY.
EFECS EFFECTIVE TEACHERS PROGRAM FOCUSES ON RECOGNIZING AND RETAINING TOP TEACHER TALENT. EDUCATOR TALENT IS CRITICAL TO STUDENT SUCCESS. EFEC PROVIDES GRANTS TO EDUCATORS FOR CONTINUING EDUCATION, AWARDS OUTSTANDING EDUCATORS ON A MONTHLY BASIS, AND HOSTS RECOGNITION EVENTS. THIS FISCAL YEAR, AT THE ANNUAL EVENING OF STARS CEREMONY, 12 EDUCATORS FROM 8 DIFFERENT SCHOOLS WERE AWARDED SCHOLARSHIPS TOTALING $14,234 TO ASSIST THEM FINANCIALLY TO ADVANCE THEIR PROFESSIONAL KNOWLEDGE AND SKILLS IN EDUCATIONAL AREAS AND OBTAIN ADVANCED DEGREES OR CERTIFICATES. ADDITIONALLY, 18 PRINCIPALS WERE GIFTED A TOTAL OF $2,700 IN RECOGNITION OF THEIR EFFORTS THROUGHOUT THE YEAR. ON A MONTHLY BASIS, PARENTS, STUDENTS, AND COLLEAGUES ARE GIVEN THE OPPORTUNITY TO NOMINATE TEACHERS WHO HAVE GONE ABOVE AND BEYOND TO POSITIVELY IMPACT STUDENTS. THIS YEAR, 10 TEACHERS FROM 6 SCHOOLS RECEIVED $500 EACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wendy Rimel President | OfficerTrustee | 33 | $76,667 |
Tessa Kirchner Vice President | OfficerTrustee | 11 | $25,223 |
Amy E Lewis Grant Administrator | Trustee | 5 | $18,731 |
Shelley Herron Trustee | Trustee | 0 | $0 |
Sara Manwiller Trustee | Trustee | 0 | $0 |
Pavan Krueger Trustee | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $1,000 |
| Membership dues | $0 |
| Fundraising events | $173,229 |
| Related organizations | $0 |
| Government grants | $32,648 |
| All other contributions, gifts, grants, and similar amounts not included above | $331,923 |
| Noncash contributions included in lines 1a–1f | $21,495 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $538,800 |
| Total Program Service Revenue | $2,425 |
| Investment income | $22 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | -$33,370 |
| Net Income from Gaming Activities | $67,588 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $575,465 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $205,583 |
| Grants and other assistance to domestic individuals. | $21,934 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $123,258 |
| Compensation of current officers, directors, key employees. | $25,046 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $41,862 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $800 |
| Payroll taxes | $12,693 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,559 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $36,933 |
| Advertising and promotion | $27,654 |
| Office expenses | $20,757 |
| Information technology | $7,841 |
| Royalties | $0 |
| Occupancy | $6,747 |
| Travel | $1,259 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $275 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,472 |
| All other expenses | $0 |
| Total functional expenses | $555,248 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $225,305 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,155 |
| 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 | $3,500 |
| 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 | $229,960 |
| 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 | $2,402 |
| Other liabilities | $9,400 |
| Total liabilities | $11,802 |
| Net assets without donor restrictions | $117,933 |
| Net assets with donor restrictions | $100,225 |
| 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 | $229,960 |
Grants Awarded
Over the last fiscal year, Education Foundation Of Eagle County has awarded $0 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
EAGLE COUNTY SCHOOL DISTRICT PURPOSE: EDUCATION | $0 |
COLORADO PTA PURPOSE: EDUCATION | $0 |
RED SANDSTONE SCHOOL PTO PURPOSE: EDUCATION | $0 |
EAGLE RIVER YOUTH COALITION INC PURPOSE: PROGRAMS THAT EMPOWER YOUTH TO THRIVE | $0 |
BRIGHT FUTURE FOUNDATION PURPOSE: DOMESTICE VIOLENCE PREVENTIONINTERVENT | $0 |
RED RIBBON PROJECT OF EAGLE COUNTY PURPOSE: REDUCE INCIDENTS OF TEEN PREGNANCY & STD | $0 |