The Shodor Education Foundation Inc
- Assets
- $254.4k
- Revenue
- $996.6k
- Investments
- $0.0
- Employees
- 11
- Location
- Durham, NC
- Founding
- 08/1995
- Data as of
- 12/2021
- EIN
- 56-1877371
Organization Overview
The Shodor Education Foundation Inc is located in Durham, NC. The organization was established in 1995. According to its NTEE Classification (U30) the organization is classified as: Physical & Earth Sciences, under the broad grouping of Science & Technology and related organizations. As of 12/2021, Shodor Education Foundation Inc employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shodor 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, Shodor Education Foundation Inc generated $996.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.5%) each year. All expenses for the organization totaled $939.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.8%) per year over the past 7 years. 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
IMPROVEMENT OF MATH AND SCIENCE EDUCATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DESIGN AND DELIVERY OF WORKSHOPS FOR TEACHERS AND BUSINESS EXECUTIVES ABOUT INTERNET TECHNOLOGIES, COMPUTATIONAL AND COMMUNICATIONS TECHNOLOGIES IN THE CLASSROOM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Panoff Pres/executi | OfficerTrustee | 40 | $72,339 |
Daniel Warner Vice Preside | OfficerTrustee | $0 | |
Holly Hirst Secretary/tr | OfficerTrustee | $0 | |
Dennis Stevenson Director | Trustee | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Alan B Craig Consulting | 12/30/21 | $122,000 |
Scott A Lathrop Consulting | 12/30/21 | $116,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $953,971 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,821 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $989,792 |
| Total Program Service Revenue | $2,700 |
| Investment income | $412 |
| 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 | $996,558 |
| 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 | $245,931 |
| Pension plan accruals and contributions | $1,264 |
| Other employee benefits | $29,727 |
| Payroll taxes | $18,826 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,057 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $446,309 |
| Advertising and promotion | $0 |
| Office expenses | $12,261 |
| Information technology | $13,357 |
| Royalties | $0 |
| Occupancy | $141,062 |
| Travel | $5,306 |
| 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 | $278 |
| Insurance | $7,123 |
| All other expenses | $0 |
| Total functional expenses | $939,258 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $129,499 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $101,083 |
| 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 | $7,639 |
| Net Land, buildings, and equipment | $928 |
| Investments—publicly traded securities | $5,189 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,013 |
| Total assets | $254,351 |
| Accounts payable and accrued expenses | $64,557 |
| 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 | $5,048 |
| Total liabilities | $69,605 |
| Net assets without donor restrictions | $184,746 |
| Net assets with donor restrictions | $0 |
| 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 | $254,351 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that The Shodor Education Foundation Inc has recieved totaling $1,281.
| Awarding Organization | Amount |
|---|---|
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $281 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Institute Of Aerospace Associates Hampton, VA | $24,951,080 | $26,735,144 |
American Institute Of Aeronautics And Astronautics Reston, VA | $43,823,405 | $27,848,367 |
Korea-Us Science Cooperation Center Vienna, VA | $5,319,420 | $4,061,638 |
Alliance For Market Solutions Inc Mclean, VA | $810,160 | $251,246 |
Mineralogical Society Of America Chantilly, VA | $5,715,292 | $1,463,558 |
Muddy Sneakers Inc Brevard, NC | $1,613,643 | $1,899,538 |
The Shodor Education Foundation Inc Durham, NC | $254,351 | $996,558 |
National Security Space Association Inc Arlington, VA | $576,439 | $757,017 |
Institute For Physical Sciences Inc Vienna, VA | $67,812 | $432,519 |
Space Transportation Association Mc Lean, VA | $94,323 | $266,887 |
American Filtration And Seperations Society Inc Nashville, TN | $1,005,157 | $269,146 |
University Aviation Association Millington, TN | $452,726 | $333,245 |