Transylvania County Schools Educational Foundation Inc
- Assets
- $415.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brevard, NC
- Founding
- 08/1990
- Data as of
- 06/2022
- EIN
- 56-1646825
Organization Overview
Transylvania County Schools Educational Foundation Inc is located in Brevard, NC. The organization was established in 1990. 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. Transylvania County Schools Educational 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 06/2022, Transylvania County Schools Educational Foundation Inc generated $35.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $31.7k during the year ending 06/2022. 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 |
|---|---|---|---|
Ray Adams Bookkeeper | 5 | $975 | |
Frances Bradburn President | 5 | $0 | |
Jennifer Heatherly Vice Preside | 5 | $0 | |
Kathy Bailey Secretary | 5 | $0 | |
Courtney Domeker Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,971 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,705 |
| Gain or Loss | $216 |
| Net Income from Gaming & Fundraising | $2,956 |
| Other Revenue | $0 |
| Total Revenue | $35,848 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $6,477 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,774 |
| Total expenses | $31,651 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $415,258 |
| Other assets | $0 |
| Total assets | $415,258 |
| Total liabilities | $2,650 |
| Net assets or fund balances | $412,608 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Transylvania County Schools Educational Foundation Inc has recieved totaling $141,690.
| Awarding Organization | Amount |
|---|---|
| $43,460 | |
Foundation For The Carolinas Charlotte, NC PURPOSE: CHARITABLE GIFT | $25,000 |
Norton Foundation Falls Church, VA PURPOSE: GENERAL SUPPORT | $25,000 |
| $15,730 | |
Pisgah Health Foundation Brevard, NC PURPOSE: FOOD RESOURCE | $10,000 |
| $9,750 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
St Christophers School Foundation Richmond, VA | $94,106,126 | $9,680,251 |
Lowes Foundation Mooresville, NC | $8,794,184 | $2,155,365 |
Knox Education Foundation Knoxville, TN | $6,393,317 | $5,852,579 |
St Stephen S And St Agnes School Foundation Alexandria, VA | $47,445,810 | $11,356,184 |
St Georges Independent Schools Foundation Collierville, TN | $31,055,433 | $2,932,779 |
Charles B Keesee Educational Fund Incorporated Martinsville, VA | $78,271,755 | $5,985,709 |
James Barry Robinson Home For Boys Trust Norfolk, VA | $49,691,285 | $5,553,084 |
Queens University Of Charlotte Endowment Charlotte, NC | $185,539,015 | $2,324,123 |