Fairness Education Fund Inc
- Assets
- $2.1m
- Revenue
- $371.2k
- Investments
- $0.0
- Employees
- 2
- Location
- Louisville, KY
- Founding
- 11/1993
- Data as of
- 12/2021
- EIN
- 61-1230383
Organization Overview
Fairness Education Fund Inc is located in Louisville, KY. The organization was established in 1993. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Fairness Education Fund Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairness Education Fund 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, Fairness Education Fund Inc generated $371.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $241.7k during the year ending 12/2021. While expenses have increased by 5.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FAIRNESS EDUCATION FUND'S MISSION IS TO INITIATE AND DEVELOP PROJECTS THAT BROADEN COMMUNITY AWARENESS AND UNDERSTANDING OF DISCRIMINATION BASED ON SEXUAL ORIENTATION AND GENDER IDENTITY. EDUCATIONAL EFFORTS FOCUS ON REDUCING PREJUDICE AGAINST GAY, LESBIAN, BISEXUAL AND TRANSGENDER PEOPLE PROVIDING ACCURATE, TRUTHFUL INFORMATION TO COUNTER SOCIETAL MYTHS AND STEREOTYPES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY OUTREACH EFFORTS INCLUDING THE STATE FAIR, PRIDE FESTIVAL AND OTHER EVENTS WHERE EDUCATIONAL INFORMATION IS DISTRIBUTED REGARDING PREVENTING DISCRIMINATION AGAINST GAY, LESBIAN, BISEXUAL AND TRANSGENDER PEOPLE. NEWSLETTERS AND OTHER PRINTED MATERIAL AND ONLINE MATERIALS IN SUPPORT OF OUTREACH AND EDUCATION PROJECTS.
TRAINING AND EDUCATIONAL PROGRAMS ON DISMANTLING RACISM AND HOMOPHOBIA.
COMMUNITY BUILDING PROJECTS AND SUPPORT PROJECTS, MEETINGS AND VOLUNTEER APPRECIATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sam Marcosson President | Officer | 5 | $0 |
Ruth Myers Secretary | Officer | 5 | $0 |
Lizz Perkins Vice President | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $65,238 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $120,711 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $185,949 |
| Total Program Service Revenue | $0 |
| Investment income | $30,341 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $91,348 |
| Net Income from Fundraising Events | $32,809 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $371,247 |
| 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 | $142,041 |
| Pension plan accruals and contributions | $3,000 |
| Other employee benefits | $0 |
| Payroll taxes | $1,569 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,991 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $7,442 |
| Office expenses | $7,177 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $5,927 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,470 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $11,624 |
| Total functional expenses | $241,719 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,413 |
| Savings and temporary cash investments | $271,475 |
| 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 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,831,813 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,119,701 |
| 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 | $2,119,701 |
| 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 | $2,119,701 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Fairness Education Fund Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Lewis And Gladys Bass Family Charitable Foundation Inc Louisville, KY PURPOSE: COMPREHENSIVE CIVIL RIGHTS LEGISLATION PROHIBITING DISCRIMINATION ON THE BASIS OF SEXUAL ORIENTATION AND GENDER IDENTITY AND TO DISMANTLE SYSTEMIC RACISM | $25,000 |
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|---|---|---|
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Common Application Inc Arlington, VA | $52,971,416 | $52,316,500 |
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Aspira Inc Of Illinois Chicago, IL | $37,783,687 | $23,094,089 |
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Camc Health Education And Research Institute Inc Charleston, WV | $10,132,150 | $15,955,209 |
Childrens Center For Developmental Enrichment Westerville, OH | $12,309,399 | $12,926,419 |
National Association For College Admission Counseling Inc Arlington, VA | $22,607,858 | $9,863,408 |