Cartersville Schools Foundation Inc
- Assets
- $1.8m
- Revenue
- $202.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Cartersville, GA
- Founding
- 01/2002
- Data as of
- 06/2021
- EIN
- 58-2622779
Organization Overview
Cartersville Schools Foundation Inc is located in Cartersville, GA. The organization was established in 2002. 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. Cartersville Schools 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 06/2021, Cartersville Schools Foundation Inc generated $202.4k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $174.7k during the year ending 06/2021. 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
PROVIDE SUPPORT TO STUDENTS AND STAFF OF THE CARTERSVILLE CITY SCHOOL SYSTEM TO ENHANCE THE EDUCATIONAL EXPERIENCE. PROVIDE NEEDS-BASED COLLEGE SCHOLARSHIPS TO SELECTED STUDENTS OF CARTERSVILLE HIGH SCHOOL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BACKPACK BUDDIES - PROVIDES WEEKEND MEALS FOR FOOD INSECURE STUDENTS THROUGHOUT CARTERSVILLE AND BARTOW COUNTY. CURRENTLY, 1,250 STUDENTS ARE RECEIVING BACKPACKS WITH FOOD TO CARRY THEM THROUGH THE WEEKEND.
GATEKEY SCHOLARSHIP PROGRAM - PROVIDES SCHOLARSHIP FUNDS TO ELIGIBLE, LOW-INCOME STUDENTS GIVING THEM THE OPPORTUNITY TO WORK TOWARD AN ATTAINABLE GOAL OF A COLLEGE EDUCATION. GATEKEY PROVIDES FUNDS FOR DIRECTLY BILLED COLLEGE COSTS NOT COVERED BY PELL OR ZELL/HOPE FUNDS. TO DATE, MORE THAN 180 STUDENTS HAVE BEEN IMPACTED BY GATEKEY.
LEAST OF THESE STUDENT SUPPORT - PROVIDES ASSISTANCE TO STUDENTS IDENTIFIED AS HOMELESS OR LOW-INCOME. ASSISTS WITH NEEDS THAT CANNOT BE MET USING TAX MONEY OR FEDERAL GRANT FUNDS. PROGRAM LEVELS THE PLAYING FIELD BETWEEN SOCIO-ECONOMIC GROUPS SO STUDENTS ARE ABLE TO PARTICIPATE IN EXTRA-CURRICULAR SCHOOL ACTIVITIES AND HAVE ALL ITEMS NECESSARY TO BE ACADEMICALLY SUCCESSFUL.
MENTOR CANES, STUDENT NUTRITION/EMERGENCY FOOD, GARRETT BLACK SCHOLARSHIP, EMPLOYEE RECOGNITION, HURRICANE TURNAROUND SCHOLARSHIP, GENERAL ADMINISTRATION
BACKPACK BUDDIES - PROVIDES WEEKEND MEALS FOR FOOD INSECURE STUDENTS THROUGHOUT CARTERSVILLE AND BARTOW COUNTY. CURRENTLY, 1,250 STUDENTS ARE RECEIVING BACKPACKS WITH FOOD TO CARRY THEM THROUGH THE WEEKEND.
GATEKEY SCHOLARSHIP PROGRAM - PROVIDES SCHOLARSHIP FUNDS TO ELIGIBLE, LOW-INCOME STUDENTS GIVING THEM THE OPPORTUNITY TO WORK TOWARD AN ATTAINABLE GOAL OF A COLLEGE EDUCATION. GATEKEY PROVIDES FUNDS FOR DIRECTLY BILLED COLLEGE COSTS NOT COVERED BY PELL OR ZELL/HOPE FUNDS. TO DATE, MORE THAN 180 STUDENTS HAVE BEEN IMPACTED BY GATEKEY.
LEAST OF THESE STUDENT SUPPORT - PROVIDES ASSISTANCE TO STUDENTS IDENTIFIED AS HOMELESS OR LOW-INCOME. ASSISTS WITH NEEDS THAT CANNOT BE MET USING TAX MONEY OR FEDERAL GRANT FUNDS. PROGRAM LEVELS THE PLAYING FIELD BETWEEN SOCIO-ECONOMIC GROUPS SO STUDENTS ARE ABLE TO PARTICIPATE IN EXTRA-CURRICULAR SCHOOL ACTIVITIES AND HAVE ALL ITEMS NECESSARY TO BE ACADEMICALLY SUCCESSFUL.
MENTOR CANES, STUDENT NUTRITION/EMERGENCY FOOD, GARRETT BLACK SCHOLARSHIP, EMPLOYEE RECOGNITION, HURRICANE TURNAROUND SCHOLARSHIP, GENERAL ADMINISTRATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay Choate Chairman | Officer | 1 | $0 |
Audrey Andersen Vice Chair | Officer | 10 | $0 |
Barry Justus Treasurer | Officer | 1 | $0 |
Beth Slocum Secretary | Officer | 0 | $0 |
Jimmy Cline Board Member | Trustee | 0 | $0 |
Marc Feuerbach Board Officer | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,194 |
| Investment income | $28,518 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $59,649 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $202,361 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $142,144 |
| 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 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 | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,926 |
| Fees for services: Other | $0 |
| Advertising and promotion | $12,515 |
| Office expenses | $1,889 |
| Information technology | $320 |
| 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 | $1,608 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $698 |
| All other expenses | $0 |
| Total functional expenses | $174,720 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $283,902 |
| Savings and temporary cash investments | $214,204 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 |
| Investments—publicly traded securities | $1,330,526 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,828,632 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $1,828,632 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cartersville Schools Foundation Inc has recieved totaling $6,471.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of Northwest Georgia Inc Dalton, GA PURPOSE: LEARNING & EDUCATION | $6,379 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $92 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kipp Metro Atlanta Collaborative Inc Atlanta, GA | $93,266,962 | $86,228,529 |
Early Learning Coalition Of Pasco And Hernando Counties Inc Spring Hill, FL | $3,978,920 | $41,918,808 |
Transylvania Vocational Services Inc Brevard, NC | $52,218,118 | $34,183,028 |
University System Of Georgia Foundation Inc Atlanta, GA | $572,651,205 | $27,479,908 |
Champions For Education Inc Charlotte, NC | $4,769,828 | $14,830,024 |
Atlanta Neighborhood Charter School Inc Atlanta, GA | $8,677,734 | $16,201,042 |
Campus Development Foundation Inc Chattanooga, TN | $70,898,605 | $12,373,348 |
Pinellas County Education Foundation Inc Largo, FL | $46,058,719 | $8,082,359 |
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 |