Canadian Education Foundation is located in Canadian, TX. The organization was established in 2012. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Canadian 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 12/2022, Canadian Education Foundation generated $59.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.4%) each year. All expenses for the organization totaled $46.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
PARTNER WITH THE COMMUNITY TO PROVIDE RESOURCES TO ENRICH TEACHING, INSPIRE LEARNING, AND MAXIMIZE INNOVATIVE OPPORTUNITIES FOR STUDENTS.
Describe the Organization's Program Activity:
Part 3
AIMS APTITUDE TESTING & FOLLOW-UP COUNSELING TO ASSIST PARENTS & STUDENTS IN MAKING COLLEGE AND CAREER CHOICES
SCHOLARSHIPS FOR HIGH SCHOOL SENIORS ENTERING COLLEGE (12 STUDENTS RECEIVED SCHOLARSHIPS)
INNOVATIVE TEACHING GRANTS FOR LOCAL TEACHERS (PAID TO INDEPENDENT SCHOOL DISTRICT)
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heath Mitchell President | 2 | $0 | |
Becky Charmasson Wilson Secretary | 2 | $0 | |
Lynn Pulliam Director | 1.5 | $0 | |
Cheryl Hohertz VP Of Finance | 2 | $0 | |
Ryan Cook VP Events | 0.5 | $0 | |
Haley Ward VP Education | 1.5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,240 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9,406 |
| Gain or Loss | $4,177 |
| Net Income from Gaming & Fundraising | $6,006 |
| Other Revenue | $0 |
| Total Revenue | $59,829 |
| 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 | $1,670 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $160 |
| Other expenses | $1,384 |
| Total expenses | $46,505 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $468,230 |
| Other assets | $0 |
| Total assets | $468,230 |
| Total liabilities | $0 |
| Net assets or fund balances | $468,230 |