Henry Mitchell Elementary Foundation Inc is located in Tampa, FL. The organization was established in 2005. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Henry Mitchell Elementary Foundation 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 06/2023, Henry Mitchell Elementary Foundation Inc generated $191.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $287.8k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE FOUNDATION IS TO RECEIVE DONATIONS AND GRANTS OF MONEY OR PROPERTY OF ANY KIND OR VALUE AND DISBURSE THOSE FUNDS AND/OR OTHERWISE ACT IN ANY MANNER DESIGNED TO PRESERVE AND RECORD THE HISTORY OF HENRY MITCHELL ELEMENTARY SCHOOL, PROMOTE PUBLIC EDUCATION, SUPPORT THE CURRICULUM OF HENRY MITCHELL ELEMENTARY SCHOOL, BEAUTIFY HENRY MITCHELL ELEMENTARY SCHOOL AND ITS GROUNDS, SUPPORT THE FACULTY AND PARENT/TEACHER ASSOCIATION ("PTA") OF HENRY MITCHELL ELEMENTARY SCHOOL IN THEIR EFFORTS TO PROVIDE THE BEST POSSIBLE EDUCATIONAL EXPERIENCE, AND ADVANCE ANY OTHER LAWFUL PURPOSE NOT FOR PECUNIARY PROFIT THAT RELATES TO HENRY MITCHELL ELEMENTARY SCHOOL, AND SUCH OTHER EXCLUSIVELY CHARITABLE, SCIENTIFIC, LITERARY, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAPITAL IMPROVEMENTS - IMPROVEMENT OF TECHNOLOGY AND GROUNDS OF THE SCHOOL TO ENHANCE THE EDUCATIONAL EXPERIENCE OF OUR STUDENTS.
STRINGS PROGRAM - PROVIDING FOR A PAID INSTRUCTOR TO TEACH AND ADMINISTER A STRINGS MUSIC PROGRAM
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joe Swanson Board Member | Trustee | 1 | $0 |
Tate Kubler Board Member | Trustee | 1 | $0 |
Renee Best Board Member | Trustee | 1 | $0 |
Matt Tilman Board Member | Trustee | 1 | $0 |
Greg Williams Board Member | Trustee | 1 | $0 |
Richard Alley Treasurer | OfficerTrustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $159,659 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $159,659 |
Total Program Service Revenue | $30,025 |
Investment income | $1,923 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $256 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $191,863 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $282,695 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
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 | $2,510 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,561 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $287,766 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $136,864 |
Savings and temporary cash investments | $0 |
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 | $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 | $136,864 |
Accounts payable and accrued expenses | $0 |
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 | $62,625 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $62,625 |
Net assets without donor restrictions | $0 |
Net assets with donor restrictions | $0 |
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 | $74,239 |
Total liabilities and net assets/fund balances | $136,864 |
Over the last fiscal year, Henry Mitchell Elementary Foundation Inc has awarded $282,695 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
HENRY MITCHELL ELEMENTARY SCHOOL PURPOSE: Grants to support school technology and equipment | $229,914 |
HENRY MITCHELL ELEMENTARY SCHOOL PURPOSE: Paid to Hillsborough County Public Schools who in turn pays the teacher | $52,781 |