Southeast South-Central Educational Cooperative
- Assets
- $1.2m
- Revenue
- $3.6m
- Investments
- $0.0
- Employees
- 44
- Location
- Richmond, KY
- Founding
- 04/2014
- Data as of
- 06/2021
- EIN
- 90-0909356
Organization Overview
Southeast South-Central Educational Cooperative is located in Richmond, KY. The organization was established in 2014. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Southeast South-Central Educational Cooperative employed 44 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southeast South-Central Educational Cooperative 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 06/2021, Southeast South-Central Educational Cooperative generated $3.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $3.2m during the year ending 06/2021. While expenses have increased by 7.6% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LIFE CHANGING OPPORTUNITIES FOR CHILDREN AND COMMUNITIES AND TO PROMOTE EDUCATIONAL EXECLLENCE IN OUR REGION
Describe the Organization's Program Activity:
Part 3 - Line 4a
SESC ASSISTS LOCAL SCHOOL BOARD, INDEPENDENT SCHOOL DISTRICTS, AND
SESC ASSISTS LOCAL SCHOOL BOARD, INDEPENDENT SCHOOL DISTRICTS, AND
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
D Johnson Exec Director | Officer | 40 | $68,468 |
Charles Morton Vice Chair | OfficerTrustee | 2 | $0 |
Doug Bennett Board Chair | OfficerTrustee | 2 | $0 |
Tom Gambrel Member | Trustee | 2 | $0 |
D Hatchett Memebr | Trustee | 2 | $0 |
Kay Dixon Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $99,027 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,693,401 |
| All other contributions, gifts, grants, and similar amounts not included above | $428,583 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,221,011 |
| Total Program Service Revenue | $332,927 |
| Investment income | $605 |
| 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 | $3,554,543 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $69,082 |
| Compensation of current officers, directors, key employees. | $69,082 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,735,045 |
| 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 | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $14,503 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $69,090 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $380,016 |
| Total functional expenses | $3,161,521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $734,867 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $514,143 |
| 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 | $1,249,010 |
| Accounts payable and accrued expenses | $66,740 |
| Grants payable | $0 |
| Deferred revenue | $123,810 |
| 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 | $699 |
| Total liabilities | $191,249 |
| Net assets without donor restrictions | $782,761 |
| Net assets with donor restrictions | $275,000 |
| 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 | $1,249,010 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Southeast South-Central Educational Cooperative has recieved totaling $300,346.
| Awarding Organization | Amount |
|---|---|
New Teacher Center Santa Cruz, CA PURPOSE: DISTRICTS PARTNERING TO IMPLEMENT HIGH-QUALITY, STANDARDS-ALIGNED INSTRUCTIONAL COACHING (IC) PROGRAM TO IMPROVE THE EFFECTIVENESS OF TEACHERS IN HIGH-NEED RURAL AND URBAN SCHOOL DISTRICTS. | $186,067 |
National Christian Charitable Foundation Inc Knoxville, TN PURPOSE: ACADEMIC | $114,279 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Center Resources For Teaching And Learning Arlington Heights, IL | $6,192,326 | $12,914,768 |
The Opportunity Trust St Louis, MO | $4,217,060 | $10,924,434 |
Mason Korea Llc Fairfax, VA | $8,225,008 | $12,324,735 |
Euclid Avenue Development Corporation Cleveland, OH | $92,407,891 | $9,458,468 |
Virginia Tech Real Estate Fdn Blacksburg, VA | $231,612,607 | $16,876,838 |
Alliance For Academic Internal Medicine Inc Alexandria, VA | $13,744,999 | $6,917,370 |
Columbus Learning Center Management Corporation Columbus, IN | $38,848,062 | $6,215,911 |
University Of Cincinnati Research Institute Cincinnati, OH | $5,011,413 | $4,382,075 |
Fayette County Child Development Inc Oak Hill, WV | $1,256,000 | $4,245,853 |
Jackson Foundation Inc Dickson, TN | $81,442,128 | $3,275,608 |
Influence 1 Memphis, TN | $6,214,331 | $4,262,960 |
Action For Healthy Kids Inc Chicago, IL | $3,842,848 | $2,908,557 |