Foundation For Public Education In Georgia Inc is located in Atlanta, GA. The organization was established in 2019. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Foundation For Public Education In Georgia 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, Foundation For Public Education In Georgia Inc generated $40.4k 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 (20.4%) each year. All expenses for the organization totaled $736.0k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE OTHE FOUNDATION OPERATES AS THE PRIVATE NONPROFIT PHILANTHROPIC ARM OF THE DEPARTMENT OF EDUCATION OF THE STATE OF GEORGIA. IT WILL SOLICIT GIFTS, GRANTS AND CONTRIBUTIONS FROM INDIVIDUALS, BUSINESSES, AND GRANT-MAKING FOUNDATIONS IN SUPPORT OF THE DEPARTMENT EDUCATION'S MISSION OF PROMOTING "EDUCATIONAL EXCELLENCE FOR GEORGIA'S YOUTH." THE CREATION OF THE FOUNDATION HAS BEEN EXPRESSLY AUTHORIZED BY THE GEORGIA GENERAL ASSEMBLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Davis Knox Board Chair | 2 | $0 | |
Kenneth Mason Board Vice Chair | 2 | $0 | |
Robert Buzz Law Director, Treasurer | 2 | $0 | |
Walt Helms Immediate Past Chair | 2 | $0 | |
Ann Cramer Board Member | 2 | $0 | |
Otis Johnson Board Member | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $40,392 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $40,392 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $932 |
Total expenses | $736,015 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,195 |
Other assets | $0 |
Total assets | $8,195 |
Total liabilities | $0 |
Net assets or fund balances | $8,195 |