Vincennes Education Foundation Inc
- Assets
- $343.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Vincennes, IN
- Founding
- 06/1995
- Data as of
- 12/2021
- EIN
- 35-1927642
Organization Overview
Vincennes Education Foundation Inc is located in Vincennes, IN. The organization was established in 1995. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vincennes Education Foundation Inc 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, Vincennes Education Foundation Inc generated $62.4k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $36.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.6%) 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 Program Activity:
Part 3
TO PROVIDE EDUCATIONAL RESOURCES AND GRANTS TO LOCAL VINCENNES AREA COMMUNITY SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tony Meadows President | 1 | $0 | |
Angie Phillips Vice President | 1 | $0 | |
Kim Lane Treasurer | 2 | $0 | |
Cindy Pagen Secretary | 1 | $0 | |
Mary Beth Gavney Admin Secretary | 15 | $6,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $9,440 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,144 |
| Gain or Loss | $46,752 |
| Net Income from Gaming & Fundraising | $80 |
| Other Revenue | $0 |
| Total Revenue | $62,416 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,000 |
| Professional fees and other payments to independent contractors | $1,508 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $8,168 |
| Total expenses | $35,976 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $287,149 |
| Other assets | $0 |
| Total assets | $343,616 |
| Total liabilities | $599 |
| Net assets or fund balances | $343,017 |