Rockingham County Education Foundation
- Assets
- $158.3k
- Revenue
- $169.2k
- Investments
- $0.0
- Employees
- 3
- Location
- Reidsville, NC
- Founding
- 03/2009
- Data as of
- 06/2021
- EIN
- 26-3081973
Organization Overview
Rockingham County Education Foundation is located in Reidsville, NC. The organization was established in 2009. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 06/2021, Rockingham County Education Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockingham County 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 06/2021, Rockingham County Education Foundation generated $169.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.7% each year. All expenses for the organization totaled $127.8k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Rockingham County Education Foundation has awarded 13 individual grants totaling $392,069. 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 MISSION OF RCEF IS TO PROVIDE LEADERSHIP, ADVOCACY AND PROGRAM RESOURCES TO INCREASE THE EDUCATION LEVELS OF ROCKINGHAM COUNTY CITIZENS. BY DOING SO, WE WILL MAKE OUR COMMUNITY AN ATTRACTIVE PLACE TO LIVE, WORK AND DO BUSINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRINCIPALS FUND FUNDS THAT ARE ALLOCATED FROM THE REIDSVILLE AREA FOUNDATION TO THE PRINCIPALS OF ROCKINGHAM COUNTY SCHOOLS TO USE WHERE IT IS NEEDED.
TRAILS K-12 PROVIDES ACCESS TO NATURAL LEARNING SPACES FOR K-12 STUDENTS THROUGH CONSTRUCTION OF TRAILS AND LEARNING PARKS ON SCHOOL CAMPUSES FOR ACADEMICS, ATHLETICS, AND STUDENT HEALTH. TRAILS K-12 ALSO PROVIDES FIELD TRIPS FOR PUBLIC SCHOOLS TO LOCAL TRAILS AND RIVERS.
ROCKAID PROVIDES GROCERY ASSISTANCE TO PUBLIC SCHOOL STUDENTS-IN-NEED AND THEIR FAMILIES ACROSS ROCKINGHAM COUNTY IN ORDER TO HELP ALLEVIATE CHILDHOOD HUNGER.
THROUGH THE COLLEGE ADVISING PROGRAM THE SINGULAR FOCUS IS TO INCREASE SUCCESSFUL COLLEGE APPLICATION AND ATTENDANCE RATES AMONG THE STUDENTS. SUPPORT AND ASSISTANCE IS PROVIDED IN ALL FACETS OF THE COLLEGE ADDMISSIONS PROCESS, FROM CAMPUS VISITS TO SAT AND COLLEGE, SCHOLARSHIP AND FINANCIAL AID APPLICATIONS. THE PARENT ENGAGEMENT PROGRAM WAS FORMED TO WORK WITH COMMUNITY AND PARENT REPRESENTATIVES TO FACILITATE IMPROVEMENT IN STUDENT ACHIEVEMENT BY REDUCING BARRIERS TO LEARNING AT HOME, IN THE COMMUNITY AND AT SCHOOL. THE PIEDMONT INSTRUMENT CLASSES FOR KIDS (P.I.C.K.)PROVIDES TRADITIONAL BANJO, FIDDLE, AND QUITAR MUSIC LESSONS TO 3RD-5TH GRADE PUBLIC SCHOOL STUDENTS IN ROCKINGHAM COUNTY. STUDENTS ARE ALSO PROVIDED A LOANER INSTRUMENT FOR AS LONG AS THEY ARE ENROLLED IN THE PROGRAM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jenny Edwards Executive Di | Trustee | 27 | $32,617 |
Wanda Harris Treasurer | OfficerTrustee | 0.5 | $0 |
Jennifer Bradley Chairman | OfficerTrustee | 1 | $0 |
April Cox Secretary | OfficerTrustee | 0.5 | $0 |
Dr Rodney Shotwell Director | Trustee | 0.5 | $0 |
Marguerite Holt Director | Trustee | 0.5 | $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 | $157,664 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $157,664 |
| Total Program Service Revenue | $0 |
| Investment income | $72 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $169,214 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $75,220 |
| 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. | $32,618 |
| Compensation of current officers, directors, key employees. | $7,407 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,448 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,859 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,269 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $523 |
| Advertising and promotion | $0 |
| Office expenses | $3,432 |
| Information technology | $1,735 |
| 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 | $72 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $342 |
| Insurance | $2,254 |
| All other expenses | $0 |
| Total functional expenses | $127,772 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,829 |
| Savings and temporary cash investments | $1,310 |
| 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 | $126 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $158,265 |
| 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 | $1,310 |
| Total liabilities | $1,310 |
| Net assets without donor restrictions | $102,293 |
| Net assets with donor restrictions | $54,662 |
| 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 | $158,265 |
Grants Awarded
Over the last fiscal year, Rockingham County Education Foundation has awarded $73,685 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
PRINCIPAL FUND | | | $52,307 |
MOSS STREET LEARNING TRAIL | | | $15,050 |
ROCK-AID PROGRAM | | | $6,328 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Rockingham County Education Foundation has recieved totaling $26,000.
| Awarding Organization | Amount |
|---|---|
North Carolina Community Foundation Inc Raleigh, NC PURPOSE: EDUCATION | $25,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Graduate Management Admission Council Reston, VA | $230,212,828 | $77,127,681 |
Common Application Inc Arlington, VA | $52,971,416 | $52,316,500 |
Longwood University Real Estate Foundation Farmville, VA | $322,438,396 | $31,911,007 |
Duke Corporate Education Durham, NC | $27,489,390 | $18,675,614 |
University Of North Georgia Foundation Inc Dahlonega, GA | $101,168,345 | $9,379,486 |
Cape Fear Tutoring Inc Wilmington, NC | $2,173,027 | $16,040,654 |
Southern Assoc Of Colleges And Schools Commission On Colleges Inc Decatur, GA | $21,107,199 | $13,477,936 |
National Association For College Admission Counseling Inc Arlington, VA | $22,607,858 | $9,863,408 |
Memphis Education Fund Inc Memphis, TN | $2,536,598 | $5,955,711 |
The Cottage School Educational Resource Center Inc Roswell, GA | $19,413,651 | $9,463,796 |
Pencil Foundation Nashville, TN | $3,991,693 | $7,143,023 |
Edreports Org Inc Durham, NC | $5,799,627 | $6,182,160 |