Recovering Education
- Assets
- $34.0
- Revenue
- $150.0
- Investments
- $0.0
- Employees
- 0
- Location
- Katy, TX
- Founding
- 01/2020
- Data as of
- 12/2021
- EIN
- 84-1811024
Organization Overview
Recovering Education is located in Katy, TX. The organization was established in 2020. According to its NTEE Classification (T50) the organization is classified as: Philanthropy, Charity & Voluntarism Promotion, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Recovering Education 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, Recovering Education generated $150.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (59.5%) each year. All expenses for the organization totaled $342.0 during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COLLECTION OF SCHOOL SUPPLIES WAS SUSPENDED DUE THE PANDEMIC THAT GENERATED THE CLOSING OF SCHOOLS THE LOCK DOWN OF THE POPULATION
ADMINISTRATIVE EXPENSES TAX PREPARATION FEES 150 AND BANK FEES 192
DUE TO THE PANDEMIC THE DIRECT PROMOTION OF OUR MISSION WAS NOT POSSIBLE DURING 2021 INSTEAD WE ENHANCED OUR WEBSITE AND STARTED OUR PRESENCE IN SOCIA
THE ENGAGEMENT OF SCHOOLS WAS NOT POSSIBLE SINCE DUE TO THE PANDEMIC MOST OF THE SCHOOLS DISTRICTS WERE CLOSED DURING 2021
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Czelma P Guerra President | 0 | $0 | |
Daniela Weimper Director | 0 | $0 | |
Marienne Romero Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $150 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $150 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $342 |
| Total operating and administrative expenses | $342 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $342 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $34 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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