Richland County Education Association is located in West Columbia, SC. The organization was established in 1979. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. Richland County Education Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 08/2022, Richland County Education Association generated $53.8k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $22.8k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (9.6%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE RICHLAND COUNTY EDUCATION ASSOCIATION IS A MEMBERSHIP ORGANIZATION THAT PROMOTES EDUCATION BY PROVIDING INFORMATION TO ASSIST EDUCATORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RICHLAND COUNTY EDUCATION ASSOCIATION IS A TRADE ASSOCIATION COMMITTED TO PROVIDING HELPFUL INFORMATION TO EDUCATORS TO ASSIST THEM IN EDUCATING STUDENTS
INVESTMENT INCOME
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Christi Lewis Treasurer | Officer | 2 | $0 |
Wanda Boyd Secretary | Officer | 2 | $0 |
Janine Parnell Vice President (region 2) | Officer | 2 | $0 |
Vivian Hernandez Vice President (region 1); | Officer | 2 | $0 |
Monica Snell President | Officer | 2 | $0 |
Joyce Abel Board F | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $53,829 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $53,829 |
Total Program Service Revenue | $0 |
Investment income | $8 |
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 | $53,837 |
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 | $5,400 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $15,360 |
Advertising and promotion | $0 |
Office expenses | $34 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $1,500 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $22,802 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $267,293 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $14,780 |
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 | $282,073 |
Accounts payable and accrued expenses | $9,240 |
Grants payable | $0 |
Deferred revenue | $13,725 |
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 | $0 |
Total liabilities | $22,965 |
Net assets without donor restrictions | $259,108 |
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 | $282,073 |
Organization Name | Assets | Revenue |
---|---|---|
Georgia School Boards Association Inc Lawrenceville, GA | $6,628,869 | $7,234,902 |
Center For Credentialing And Education Inc Greensboro, NC | $13,101,154 | $10,633,640 |
Avondale Education Association Inc Decatur, GA | $8,429,300 | $7,595,655 |
Georgia Association Of Educators Inc Tucker, GA | $8,973,666 | $5,902,220 |
Manning Educational Association Manning, SC | $2,830,843 | $5,355,218 |
Accreditation Commission For Education In Nursing Inc Atlanta, GA | $17,255,204 | $6,907,699 |
Golden Key International Honour Society Inc Atlanta, GA | $2,042,384 | $4,009,170 |
Association Of Boarding Schools Asheville, NC | $2,223,734 | $3,305,157 |
Southern Association Of Independent Schools Norcross, GA | $3,858,512 | $2,184,827 |
Federal Education Association Fayetteville, NC | $880,658 | $1,600,938 |
Palmetto State Teachers Association West Columbia, SC | $1,190,716 | $1,742,395 |
Federal Education Association-State Side Region Fayetteville, NC | $576,613 | $1,172,253 |