Foundation For Rankin County Public Schools Inc
- Assets
- $54.5k
- Revenue
- $23.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Brandon, MS
- Founding
- 01/2009
- Data as of
- 06/2021
- EIN
- 26-1385642
Organization Overview
Foundation For Rankin County Public Schools Inc is located in Brandon, MS. The organization was established in 2009. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Foundation For Rankin County Public Schools 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 06/2021, Foundation For Rankin County Public Schools Inc generated $23.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (28.9%) each year. All expenses for the organization totaled $78.3k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Foundation For Rankin County Public Schools Inc has awarded 18 individual grants totaling $926,647. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION'S MISSION IS TO GENERATE SUPPORT FOR PROJECTS FOR THE RANKIN COUNTY SCHOOL DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS 27 SCHOOLS IN THE RANKIN COUNTY SCHOOL DISTRICT BY SELLING SPECIALTY CAR TAGS AND SOLICITING CONTRIBUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Bowen Secretary | OfficerTrustee | 2 | $0 |
John Sullivan Vice-President | OfficerTrustee | 2 | $0 |
Michael Guest President | OfficerTrustee | 2 | $0 |
Shane Dubois Treasurer | OfficerTrustee | 2 | $0 |
Dr Ruth Burgess Board Member | Trustee | 2 | $0 |
Noel Daniels Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $10,932 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,932 |
| Total Program Service Revenue | $0 |
| Investment income | $67 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $12,839 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,838 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $4,100 |
| Grants and other assistance to domestic individuals. | $8,000 |
| 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 | $938 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $893 |
| Office expenses | $438 |
| 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 | $2,755 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $545 |
| All other expenses | $0 |
| Total functional expenses | $78,337 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $54,521 |
| 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 | $54,521 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $54,521 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $54,521 |
Grants Awarded
Over the last fiscal year, Foundation For Rankin County Public Schools Inc has awarded $4,100 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
PISGAH HIGH SCHOOL PURPOSE: SPORTS MEDICINE GRANT | $4,000 |
PUCKETT HIGH SCHOOL PURPOSE: PROJECT GRADUATION | $100 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Foundation For Rankin County Public Schools Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Foundation For The Mid South Inc Jackson, MS PURPOSE: To encourage students and teachers to excel. | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Joe W & Dorothy Dorsett Brown Foundation Metairie, LA | $122,222,465 | $11,452,057 |
Mr & Mrs E H Sumners Foundation Jackson, MS | $72,595,869 | $8,309,284 |
4point0 Schools New Olreans, LA | $9,724,702 | $6,283,360 |
New Orleans School Facility Finance Foundation New Orleans, LA | $104,818,685 | $1,309,211 |
Knox Education Foundation Knoxville, TN | $6,393,317 | $5,852,579 |
H C Drew Estate Lake Charles, LA | $104,014,829 | $10,558,420 |
The University Of Arkansas Fort Smith Foundation Inc Fort Smith, AR | $118,416,954 | -$649,824 |
St Georges Independent Schools Foundation Collierville, TN | $31,055,433 | $2,932,779 |
Career Compass Of Louisiana Baton Rouge, LA | $1,481,294 | $1,962,799 |
Tiger Booster Clubs Baton Rouge, LA | $0 | $388,954 |
Marion Military Institute Foundation Inc Marion, AL | $38,009,022 | $31,604,927 |
Free 2 Teach Foundation Huntsville, AL | $1,781,937 | $1,260,971 |