Bradley Cleveland Public Education Foundation
- Assets
- $752.7k
- Revenue
- $768.3k
- Investments
- $0.0
- Employees
- 3
- Location
- Cleveland, TN
- Founding
- 12/2004
- Data as of
- 06/2022
- EIN
- 20-0585134
Organization Overview
Bradley Cleveland Public Education Foundation is located in Cleveland, TN. The organization was established in 2004. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. As of 06/2022, Bradley Cleveland Public Education Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bradley Cleveland Public 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, Bradley Cleveland Public Education Foundation generated $768.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Bradley Cleveland Public Education Foundation has awarded 58 individual grants totaling $2,855,803. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION SERVES THE STUDENTS AND TEACHERS OF THE CLEVELAND CITY AND BRADLEY COUNTY COMMUNITY, SUPPORTING PROGRAMS IN 26 SCHOOLS FOR 16,000 STUDENTS. THE FOUNDATION'S FOCUS IS CLASSROOM AND ACADEMIC SUPPORT, PROVIDING ASSISTANCE TO SUPPLEMENT PROGRAMS AND MATERIALS NOT FUNDED WITHIN THE REGULAR SCHOOL BUDGET. THE FOUNDATION'S GOAL IS TO ENHANCE THE ABILITY OF TEACHERS TO MEET INDIVIDUAL NEEDS OF EACH STUDENT AND TO ENHANCE STUDENT'S ABILITY TO LEARN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTE AND SUPPORT LITERARY, SCIENTIFIC, EDUCATIONAL, RESEARCH, CHARITABLE AND DEVELOPMENTAL PURPOSES AND OBJECTIVES OF THE CLEVELAND CITY AND BRADLEY COUNTY SCHOOL SYSTEMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Lynn Voelz Executive Di | Officer | 40 | $62,506 |
David Beckler Vice Preside | OfficerTrustee | 1 | $0 |
Keith Barrett Treasurer | OfficerTrustee | 1 | $0 |
Nancy Blank President | OfficerTrustee | 1 | $0 |
Christopher Anziano Director | Trustee | 1 | $0 |
Catherine Boettner Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $111,474 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $96,895 |
| All other contributions, gifts, grants, and similar amounts not included above | $549,897 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $758,266 |
| Total Program Service Revenue | $0 |
| Investment income | $6,691 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $3,346 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $768,303 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,302,935 |
| Grants and other assistance to domestic individuals. | $8,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $62,506 |
| Compensation of current officers, directors, key employees. | $29,473 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $34,427 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,577 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,623 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,301 |
| Fees for services: Other | $3,586 |
| Advertising and promotion | $2,736 |
| Office expenses | $9,021 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,657 |
| Travel | $340 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,708 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,618 |
| Insurance | $2,309 |
| All other expenses | $0 |
| Total functional expenses | $1,527,165 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,210 |
| Savings and temporary cash investments | $315,908 |
| Pledges and grants receivable | $2,475 |
| Accounts receivable, net | $53,996 |
| 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 | $8,198 |
| Investments—publicly traded securities | $351,917 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $752,704 |
| Accounts payable and accrued expenses | $3,800 |
| Grants payable | $0 |
| 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 | $3,800 |
| Net assets without donor restrictions | $331,805 |
| Net assets with donor restrictions | $417,099 |
| 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 | $752,704 |
Grants Awarded
Over the last fiscal year, Bradley Cleveland Public Education Foundation has awarded $1,275,402 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
BRADLEY COUNTY SCHOOLS | | | $1,120,887 |
CLEVELAND CITY SCHOOLS | | | $85,160 |
WALKER VALLEY HIGH SCHOOL | | | $21,310 |
CHARLESTON ELEMENTARY SCHOOL | | | $13,548 |
PROSPECT ELEMENTARY SCHOOL | | | $9,787 |
CLEVELAND MIDDLE SCHOOL | | | $8,903 |
Grants Recieved
Over the last fiscal year, we have identified 7 grants that Bradley Cleveland Public Education Foundation has recieved totaling $617,707.
| Awarding Organization | Amount |
|---|---|
United Way Of The Ocoee Region Cleveland, TN PURPOSE: HEALTH & PIE CENTER | $310,100 |
Community Foundation Of Greater Chattanooga Inc Chattanooga, TN PURPOSE: UNRESTRICTED | $100,000 |
United Way Of The Ocoee Region Cleveland, TN PURPOSE: WU EVENT AGENCY | $76,350 |
Tucker Foundation Ooltewah, TN PURPOSE: GENERAL SUPPORT - VIRTUAL PROGRAMS | $75,942 |
Cs Foundation Inc Atlanta, GA PURPOSE: CHARITABLE | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: EDUCATION | $5,300 |
Endowment Analysis
| Beg. Balance | $127,113 |
| Earnings | -$44,895 |
| Admin Expense | $3,301 |
| Net Contributions | $136,731 |
| Ending Balance | $215,648 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Transylvania Vocational Services Inc Brevard, NC | $52,218,118 | $34,183,028 |
University System Of Georgia Foundation Inc Atlanta, GA | $572,651,205 | $27,479,908 |
Champions For Education Inc Charlotte, NC | $4,769,828 | $14,830,024 |
Atlanta Neighborhood Charter School Inc Atlanta, GA | $8,677,734 | $16,201,042 |
Campus Development Foundation Inc Chattanooga, TN | $70,898,605 | $12,373,348 |
Kentucky Educational Development Corporation Ashland, KY | $6,070,827 | $11,298,796 |
Hephzibah Charter Foundation Inc Hephzibah, GA | $10,181,498 | $8,307,126 |
Foundation Properties Inc Columbus, GA | $108,758,689 | $6,742,153 |
Nc State Engineering Foundation Inc Raleigh, NC | $172,988,383 | $18,412,442 |
Georgia Student Scholarship Organization Sso Inc Cumming, GA | $4,146,288 | $9,720,252 |
St Christophers School Foundation Richmond, VA | $94,106,126 | $9,680,251 |
Kidsmart Saint Louis, MO | $4,061,844 | $8,307,759 |