El Centro Education Foundation
- Assets
- $2.2m
- Revenue
- $250.7k
- Investments
- $2.1m
- Employees
- 0
- Location
- El Centro, CA
- Founding
- 01/1986
- Data as of
- 12/2021
- EIN
- 33-0020792
Organization Overview
El Centro Education Foundation is located in El Centro, CA. The organization was established in 1986. 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. El Centro 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, El Centro Education Foundation generated $250.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 21.1% each year . All expenses for the organization totaled $78.3k during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, El Centro Education Foundation has awarded 180 individual grants totaling $160,688. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO 30 GRADUATING SENIORS OF THE EL CENTRO HIGH SCHOOL DISTRICT.
TEACHERS GRANT TO EL CENTRO SCHOOL DISTRICT TEACHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hon Ruth Bermudez Montenegro Officer | 1 | $0 | |
Dr Ward Andrus Secretary | 2 | $0 | |
Lee Hindman Treasurer | 2 | $0 | |
Clark Baker Officer | 1 | $0 | |
Kristy Curry Officer | 1 | $0 | |
Diahna Garcia-Ruiz Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $7 |
| Dividends & Interest | $47,559 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $202,772 |
| Capital Gain Net Income | $202,772 |
| Net ST Capital Gain | $3,403 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $410 |
| Total Revenue | $250,748 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $44,493 |
| Total operating and administrative expenses | $45,968 |
| Contributions, gifts, grants paid | $32,323 |
| Total expenses and disbursements | $78,291 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $97,983 |
| Net Accounts receivable | $0 |
| 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 | $2 |
| Total assets | $2,160,263 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, El Centro Education Foundation has awarded $32,323 in support to 38 organizations.
| Grant Recipient | Amount |
|---|---|
EL CENTRO ELEMENTARY SCHOOL DISTRIC PURPOSE: GRANT TO SUPPORT EL CENTRO SCHOOL DISTRICT PROGRAMS. | $2,823 |
ELIZABETH HUERTA PURPOSE: SCHOLARSHIP | $1,000 |
ALI HUSSAIN PURPOSE: SCHOLARSHIP | $1,000 |
HAYLEY LICEA PURPOSE: SCHOLARSHIP | $1,000 |
ANAID PEREZ PURPOSE: SCHOLARSHIP | $1,000 |
KAYLA HOWARD PURPOSE: SCHOLARSHIP | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
River Charter Schools Clarksburg, CA | $6,835,428 | $11,158,967 |
Thomas Jefferson School Of Law San Diego, CA | $18,601,519 | $10,934,799 |
Csu Bakersfield Auxiliary For Sponsored Programs Administration Bakersfield, CA | $4,727,520 | $8,677,817 |
The University Foundation California State University Chico Chico, CA | $91,966,484 | $11,469,732 |
College For Certain Inc Oakland, CA | $162,300,050 | $19,960,533 |
San Tan Montessori School Inc Gilbert, AZ | $28,267,534 | $9,003,617 |
Nnh Support Reno, NV | $5,000 | $0 |
The Richard Nixon Foundation Yorba Linda, CA | $62,998,242 | $9,688,165 |
Great Basin College Foundation Elko, NV | $13,766,452 | $2,685,144 |
Ravenswood Education Foundation Menlo Park, CA | $10,833,886 | $9,405,979 |
University Foundation At Sacramento State Sacramento, CA | $93,463,770 | $14,749,605 |
Indian Institute Of Technology Kanpur Foundation Inc Palo Alto, CA | $2,445,670 | $9,032,117 |