Goodlark Educational Foundation
- Assets
- $5.5m
- Revenue
- $543.8k
- Investments
- $5.4m
- Employees
- 0
- Location
- Dickson, TN
- Founding
- 02/1988
- Data as of
- 12/2021
- EIN
- 58-1764987
Organization Overview
Goodlark Educational Foundation is located in Dickson, TN. The organization was established in 1988. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Goodlark Educational 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 12/2021, Goodlark Educational Foundation generated $543.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.8% each year. All expenses for the organization totaled $354.4k during the year ending 12/2021. While expenses have increased by 13.3% per year over the past 7 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.
Since 2015, Goodlark Educational Foundation has awarded 38 individual grants totaling $1,311,032. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS FOR EDUCATIONAL ASSISTANCE FOR TUITION PAID O FIVE COUNTY AREA FOR STUDENTS ATTENDING COLLEGE,TECHNICAL ICAL SCHOOLS.
NURSING EDUCATION PROGRAMS-FREED HARDEMAN UNIVERSITY
ART AND MUSIC LESSONS AND CAMPS DISCOUNTED FOR DICKSON HOU TUDENTS, INCLUDING THOSE ON SUBSIDIZED LUNCH PROGRAMS VIA C LLC.
THE ALLEN HERITAGE FOUNDATION SERVES HIGH PERFORMING STUDENTS RESOURCED FAMILIES WITH A MENTOR FROM THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia E Mills Executive Di | 15 | $10,417 | |
Richard Arnold Director | 0 | $1,500 | |
Andrea Albright Director | 0 | $1,500 | |
Sarah Caroline Mills Director | 0 | $1,500 | |
Sarah Cagle Director | 0 | $1,500 | |
Shirley Rye Sec/treas | 0 | $1,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $72 |
| Dividends & Interest | $354,821 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $188,290 |
| Capital Gain Net Income | $188,290 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $620 |
| Total Revenue | $543,803 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,917 |
| Other employee salaries and wages | $17,083 |
| Pension plans, employee benefits | $1,597 |
| Interest | $0 |
| Taxes | $1,578 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $80 |
| Other expenses | $13,385 |
| Total operating and administrative expenses | $67,585 |
| Contributions, gifts, grants paid | $286,777 |
| Total expenses and disbursements | $354,362 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,782 |
| Savings and temporary cash investments | $1,950 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $5,378,703 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $65,210 |
| Total assets | $5,522,645 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Goodlark Educational Foundation has awarded $286,777 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
AREA STUDENTS SCHOOLS-CO BD OF ED PURPOSE: EDUCATION SCHOLARSHIPS | $132,900 |
HUMPHREYS CO SCHOOL DISTRICT PURPOSE: TO REPAIR SCHOOL BUSES & COPIER | $72,637 |
FREED HARDEMAN UNIVERSITY PURPOSE: FUND NURSING PROGRAM | $24,000 |
Dickson, TN PURPOSE: MENTORSHIP-NEEDY PERFORMING STUDENTS | $17,000 |
Dickson, TN PURPOSE: MUSIC LESSONS-HSG AUTHOR STUDENT | $11,750 |
CREEKWOOD HIGH SCHOOL PURPOSE: FUND TRANS COSTS & PURCH MICROPHONES | $11,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Georgia Tech Foundation Inc Atlanta, GA | $3,057,656,645 | $246,304,114 |
The University Of Tennessee Foundat Ion Inc Knoxville, TN | $742,610,209 | $198,804,674 |
University Of Arkansas Foundation Inc Fayetteville, AR | $2,089,992,333 | $297,590,096 |
University Of Mississippi Foundation Oxford, MS | $716,526,476 | $64,727,887 |
Auburn University Foundation Auburn, AL | $857,894,187 | $96,896,842 |
Nc State Investment Fund Inc Raleigh, NC | $1,930,063,391 | $166,344,497 |
University Of Louisville Foundation Inc Louisville, KY | $1,075,988,166 | $43,496,002 |
Spelman College Special Ventures Fund Inc Atlanta, GA | $236,389,415 | $26,274,154 |
Old Dominion University Research Foundation Norfolk, VA | $35,170,684 | $51,598,508 |
University Of Virginia Darden School Foundation Charlottesville, VA | $664,692,543 | $80,428,705 |
Unc Health Foundation Inc Chapel Hill, NC | $571,825,040 | $92,147,897 |
William & Mary Foundation Williamsburg, VA | $1,122,551,962 | $79,373,462 |