Edheads is located in Galloway, OH. The organization was established in 2002. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Edheads 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 06/2020, Edheads generated $57.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (10.0%) each year. All expenses for the organization totaled $48.5k during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (19.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT OF EDUCATIONAL ACTIVITIES ON THE INTERNET FOR K-12 STUDENTS. CREATION OF INTERACTIVE WEBSITES THAT ASSIST IN STUDENT LEARNING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Wheatley Executive Director | 40 | $16,900 | |
Jason Elvers President | 2 | $0 | |
Kayleigh Hunnicutt Board Member | 1 | $0 | |
Lisa Chapman Board Member | 1 | $0 | |
Sydney Whitehead Board Member | 1 | $0 | |
Whitney Presutto Board Member | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $55,055 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,437 |
| Total Revenue | $57,492 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,900 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $8,376 |
| Interest | $597 |
| Taxes | $1,794 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $16,915 |
| Total operating and administrative expenses | $48,450 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $48,450 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,621 |
| Savings and temporary cash investments | $875 |
| Net Accounts receivable | $340 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $19,836 |
| Accounts payable and accrued expenses | $4,254 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $54,000 |
| Other liabilities | $0 |
| Total liabilities | $58,254 |