Morgan County Schools Foundation
- Assets
- $94.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Decatur, AL
- Founding
- 11/2012
- Data as of
- 09/2022
- EIN
- 45-4429809
Organization Overview
Morgan County Schools Foundation is located in Decatur, AL. The organization was established in 2012. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Morgan County Schools 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 09/2022, Morgan County Schools Foundation generated $50.2k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $41.2k during the year ending 09/2022. While expenses have increased by 4.0% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Morris President | 0 | $0 | |
Kim Dillard Treasurer | 0 | $0 | |
Amber Holeman Vice Preside | 0 | $0 | |
Kayla Riggs Executive Di | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,911 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $39,252 |
| Other Revenue | $0 |
| Total Revenue | $50,163 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $10,634 |
| Professional fees and other payments to independent contractors | $515 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $166 |
| Other expenses | $13,365 |
| Total expenses | $41,228 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $94,295 |
| Other assets | $0 |
| Total assets | $94,295 |
| Total liabilities | $781 |
| Net assets or fund balances | $93,514 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Morgan County Schools Foundation has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pinellas County Education Foundation Inc Largo, FL | $46,058,719 | $8,082,359 |
Hephzibah Charter Foundation Inc Hephzibah, GA | $10,181,498 | $8,307,126 |
Foundation Properties Inc Columbus, GA | $108,758,689 | $6,742,153 |
Georgia Student Scholarship Organization Sso Inc Cumming, GA | $4,146,288 | $9,720,252 |
Excelsior Academies Inc Miami, FL | $11,544,923 | $8,167,644 |
Mr & Mrs E H Sumners Foundation Jackson, MS | $72,595,869 | $8,309,284 |
Brevard Schools Foundation Inc Viera, FL | $7,221,686 | $4,889,607 |
Knox Education Foundation Knoxville, TN | $6,393,317 | $5,852,579 |
St Georges Independent Schools Foundation Collierville, TN | $31,055,433 | $2,932,779 |
Imagine - South Broward Inc Sunrise, FL | $1,098,870 | $2,986,588 |
Pure Edge Inc Palm Beach, FL | $739,291 | $2,020,460 |
Alternative Education Foundation Inc Davie, FL | $702,527 | $2,696,201 |