Canadian Education Foundation
- Assets
- $454.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Canadian, TX
- Founding
- 01/2012
- Data as of
- 12/2021
- EIN
- 27-5246589
Organization Overview
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 12/2021, Canadian Education Foundation generated $45.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.8%) each year. All expenses for the organization totaled $21.5k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (14.5%) per year over the past 7 years. 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
2021
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)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heath Mitchell President | 1 | $0 | |
Becky Charmasson Wilson Secretary | 1 | $0 | |
Lynn Pulliam Director | 0.5 | $0 | |
Cheryl Hohertz VP Of Finance | 1 | $0 | |
Ryan Cook VP Events | 0.5 | $0 | |
Haley Ward VP Education | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,898 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,715 |
| Gain or Loss | -$2,062 |
| Net Income from Gaming & Fundraising | $4,924 |
| Other Revenue | $0 |
| Total Revenue | $45,475 |
| 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 | $1,650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $23 |
| Other expenses | $244 |
| Total expenses | $21,517 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $454,906 |
| Other assets | $0 |
| Total assets | $454,906 |
| Total liabilities | $0 |
| Net assets or fund balances | $454,906 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Canadian Education Foundation has recieved totaling $204,367.
| Awarding Organization | Amount |
|---|---|
Amarillo Area Foundation Inc Amarillo, TX PURPOSE: PROGRAM SUPPORT | $204,367 |
Endowment Analysis
| Earnings | -$35 |
| Net Contributions | $254,367 |
| Ending Balance | $254,332 |
Peer Organizations
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|---|---|---|
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University Of Houston Law Foundation Houston, TX | $45,914,455 | $12,108,059 |
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Plumbers And Steamfitters Health Welfare And Educational Fund Metairie, LA | $10,022,630 | $8,551,794 |
Mary R Gallaspy Charitable Trust No Two Natchitoches, LA | $32,819,833 | $7,568,243 |
Texas Music Educators Association Inc Austin, TX | $10,305,852 | $5,351,237 |
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