Fund For Rural Education
- Assets
- $5.6k
- Revenue
- $8.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Silver Spring, MD
- Founding
- 08/2001
- Data as of
- 06/2023
- EIN
- 58-2562021
Organization Overview
Fund For Rural Education is located in Silver Spring, MD. The organization was established in 2001. 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. Fund For Rural Education 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 06/2023, Fund For Rural Education generated $8.1k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $4.1k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTION OF LAPTOPS TO DENMARK OLAR HIGH SCHOOL SC FOR AWARDS DAY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Willieta Burlette Carter Pres CEO | 0.5 | $0 | |
Ronald E Graves Sec Treas | 0.15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,050 |
| Interest on Savings | $1 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,051 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $34 |
| Total operating and administrative expenses | $205 |
| Contributions, gifts, grants paid | $3,941 |
| Total expenses and disbursements | $4,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,083 |
| Savings and temporary cash investments | $3,514 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,597 |
| 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, Fund For Rural Education has awarded $8,024 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
DENMARK OLAR HIGH SCHOOL PURPOSE: LAPTOP AWARDS FOR EXCELLING STUDENTS | $4,714 |
DENMARK OLAR HIGH SCHOOL PURPOSE: EDUCATIONAL SUPPORT | $3,310 |