Anderson Five Education Foundation
- Assets
- $487.2k
- Revenue
- $329.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Anderson, SC
- Founding
- 01/2015
- Data as of
- 06/2021
- EIN
- 47-2373444
Organization Overview
Anderson Five Education Foundation is located in Anderson, SC. The organization was established in 2015. 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. Anderson Five 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 06/2021, Anderson Five Education Foundation generated $329.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.1% each year . All expenses for the organization totaled $111.3k during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE EDUCATION, SCHOLARSHIPS AND MATERIALS EXCLUSIVELY FOR THE BENEFIT OF ANDERSON SCHOOL DISTRICT FIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEACHER AND INSTRUCTIONAL GRANTS AND MATERIALS TO SUPPORT EDUCATIONAL LEARNING. PROGRAMS INCLUDE - 1. ANDERSON INSTITUTE OF TECHNOLOGY - PROGRAM DESIGNED TO ENHANCE ADVANCED MANUFACTURING LEARNING (INCLUDING MACHINE TOOLS, MECHATRONICS, AND BIOMEDICAL TECHNOLOGY. 2. FIRST QUALITY VEX ROBOTICS - PROGRAM DESIGNED TO SUPPORT THE COSTS ASSOCIATED WITH ROBOTICS KITS LEARNING. 3. TEACHER GRANTS -PROGRAM DESIGNED TO AWARD TEACHERS WITH FUNDS TO USE FOR THE PURCHASE OF SUPPLIES.
ASSISTANCE TO THOSE IN CRISES. 1. HOMELESS FOUNDATION - PROGRAM TO HELP HOMELESS AND NEEDY STUDENTS WHEN THE FEDERAL MCKINNEY-VENTO HOMELESS PROGRAM MONEY CANNOT BE USED DUE TO RESTRICTIONS. ITEMS PURCHASED WITH THIS PROGRAM INCLUDE BUS PASSES, FOOD, MOTEL STAYS UNTIL TEMPORARY PLACEMENT IS FOUND, TELEPHONE COSTS, SALARY REIMBURSEMENTS AND SUPPLIES. 2. NEEDY STUDENTS AND STAFF FUND - PROGRAM DESIGNED TO FILL ANY IMMEDIATE FINANCIAL NEEDS FOR STUDENTS AND STAFF AS DETERMINED BY THE ANDERSON SCHOOL DISTRICT FIVE COMMUNITY OUTREACH DIVISION. 3. NO KIDS GO HUNGRY - A FEDERAL CHILD NUTRITIONAL PROGRAM WORKING TO ENSURE THAT MORE CHILDREN, FAMILIES, AND TEACHERS KNOW ABOUT NUTRITION AND CAN TAKE ADVANTAGE OF INFORMATION AND RESOURCES.
OTHER PROGRAM SERVICES: 1. EVELYN MURPHY SCHOLARSHIP - PROGRAM DESIGNED TO AWARD A SCHOLARSHIP TO A SENIOR STUDENT WHO IS THE FIRST IN THEIR FAMILY TO ATTEND COLLEGE. 2. GRAINGER SCHOLARSHIP - PROVIDES A 1,000 SCHOLARSHIP TO A SENIOR SELECTED BY WESTSIDE HIGH SCHOOL AND T.L. HANNA HIGH SCHOOL. 3. OVERCOMING ADVERSITY SCHOLARSHIP- PROGRAM DESIGNED TO HELP STUDENTS ACHIEVE THEIR GOAL OF HIGHER EDUCATION THROUGH ATTENDANCE, INTERVENTION, AND RECOVERY. THE PROGRAM AWARDS A SCHOLARSHIP TO A SENIOR THAT HAS PARTICIPATED IN THIS PROGRAM. OTHER REWARD INCENTIVES ARE PROVIDED TO ELIGIBLE STUDENTS IN THIS PROGRAM. 4. ANDERSON COUNTY ROTC FLAGS - FURNISH FLAGS TO THE ROTC PROGRAM.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andy Patrick Vice Preside | OfficerTrustee | 0.1 | $0 |
Julie Usherwood Secretary | OfficerTrustee | 0.1 | $0 |
John B Wright President | OfficerTrustee | 0.1 | $0 |
Amy Heard CFO | Officer | 0.1 | $0 |
Michael Cunningham Board | Trustee | 0.1 | $0 |
Lee Luff Board | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $328,388 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $328,388 |
| Total Program Service Revenue | $0 |
| Investment income | $604 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $328,992 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,912 |
| Advertising and promotion | $0 |
| Office expenses | $90 |
| Information technology | $2,549 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $567 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $111,311 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $487,237 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $487,237 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,880 |
| Total liabilities | $2,880 |
| Net assets without donor restrictions | $604 |
| Net assets with donor restrictions | $483,753 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $487,237 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Anderson Five Education Foundation has recieved totaling $29,289.
| Awarding Organization | Amount |
|---|---|
Project Lead The Way Inc Indianapolis, IN PURPOSE: Program Implementation | $20,000 |
Autism Speaks Inc Princeton, NJ | | $9,255 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $34 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Metro Atlanta Collaborative Inc Atlanta, GA | $93,266,962 | $86,228,529 |
Transylvania Vocational Services Inc Brevard, NC | $52,218,118 | $34,183,028 |
University System Of Georgia Foundation Inc Atlanta, GA | $572,651,205 | $27,479,908 |
Champions For Education Inc Charlotte, NC | $4,769,828 | $14,830,024 |
Atlanta Neighborhood Charter School Inc Atlanta, GA | $8,677,734 | $16,201,042 |
Hephzibah Charter Foundation Inc Hephzibah, GA | $10,181,498 | $8,307,126 |
Foundation Properties Inc Columbus, GA | $108,758,689 | $6,742,153 |
Nc State Engineering Foundation Inc Raleigh, NC | $172,988,383 | $18,412,442 |
Georgia Student Scholarship Organization Sso Inc Cumming, GA | $4,146,288 | $9,720,252 |
Lowes Foundation Mooresville, NC | $8,794,184 | $2,155,365 |
Queens University Of Charlotte Endowment Charlotte, NC | $185,539,015 | $2,324,123 |
Women For Women Winterville, NC | $0 | $207,453 |