Rkl Education Foundation
- Assets
- $88.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Duluth, GA
- Founding
- 06/2002
- Data as of
- 12/2023
- EIN
- 03-0423726
Organization Overview
Rkl Education Foundation is located in Duluth, GA. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Rkl 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 12/2023, Rkl Education Foundation generated $23.9k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 25.6% each year . All expenses for the organization totaled $17.4k during the year ending 12/2023. While expenses have increased by 7.3% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Clarence Lockett President | 5 | $0 | |
Oliver Hunter Vice President | 5 | $0 | |
Earl Sharpe Treasurer | 5 | $0 | |
Antonio Newman Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,527 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $867 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$6,520 |
| Other Revenue | $0 |
| Total Revenue | $23,874 |
| 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 | $547 |
| Occupancy, rent, utilities, and maintenance | $213 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,462 |
| Total expenses | $17,351 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $88,240 |
| Other assets | $0 |
| Total assets | $88,240 |
| Total liabilities | $0 |
| Net assets or fund balances | $88,240 |