Eugene Education Foundation is located in Eugene, OR. The organization was established in 1994. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2022, Eugene Education Foundation employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eugene Education Foundation 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, Eugene Education Foundation generated $563.7k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $533.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
EUGENE EDUCATION FOUNDATION'S MISSION IS PROMOTING EDUCATIONAL EXCELLENCE AND OPPORTUNITIES FOR ALL STUDENTS IN EUGENE SCHOOL DISTRICT 4J PUBLIC SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY ASSISTANCE FOR PUBLIC SCHOOLS TO PROVIDE ADDITIONAL EQUIPMENT AND ACTIVITIES. PROVIDED $367,736 TO DISTRICT 4J FOR ADDITIONAL EQUIPMENT AND ACTIVITIES IN ALL SCHOOLS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephen Parac President | OfficerTrustee | 1.5 | $0 |
Seth Revoal Vice President | OfficerTrustee | 1.5 | $0 |
Larry Banks Past President | OfficerTrustee | 1.5 | $0 |
Maggie Elliott Treasurer | OfficerTrustee | 1.5 | $0 |
Ann Burgess Director | Trustee | 1.5 | $0 |
Sarah Kordon Director | Trustee | 1.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $161,160 |
Related organizations | $0 |
Government grants | $75,000 |
All other contributions, gifts, grants, and similar amounts not included above | $357,181 |
Noncash contributions included in lines 1a–1f | $5,082 |
Total Revenue from Contributions, Gifts, Grants & Similar | $593,341 |
Total Program Service Revenue | $0 |
Investment income | $14 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$29,625 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $563,730 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $367,736 |
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. | $65,269 |
Compensation of current officers, directors, key employees. | $16,317 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $31,017 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $3,706 |
Payroll taxes | $9,985 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,640 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $6,427 |
Office expenses | $9,854 |
Information technology | $11,498 |
Royalties | $0 |
Occupancy | $0 |
Travel | $373 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $17,904 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $125 |
Insurance | $2,517 |
All other expenses | $455 |
Total functional expenses | $533,506 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $236,829 |
Savings and temporary cash investments | $338,581 |
Pledges and grants receivable | $0 |
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 | $1,703 |
Net Land, buildings, and equipment | $71 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $360,699 |
Total assets | $937,883 |
Accounts payable and accrued expenses | $42,879 |
Grants payable | $292,965 |
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 | $335,844 |
Net assets without donor restrictions | $344,739 |
Net assets with donor restrictions | $257,300 |
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 | $937,883 |