The City Schools Foundation
- Assets
- $134.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Murfreesboro, TN
- Founding
- 02/2007
- Data as of
- 12/2021
- EIN
- 61-1509749
Organization Overview
The City Schools Foundation is located in Murfreesboro, TN. The organization was established in 2007. 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. City Schools 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, City Schools Foundation generated $64.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $73.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE FUNDS TO MURFREESBORO CITY SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Travis Lampley Board Member | 1 | $0 | |
Vicki Eastham Board Member | 1 | $0 | |
Ellen Slicker Board Member | 1 | $0 | |
Andrew Young Board Member | 1 | $0 | |
Eric Newell Board Member | 1 | $0 | |
Essence Brisco Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $68,100 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$3,505 |
| Other Revenue | $16 |
| Total Revenue | $64,611 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $3,016 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,799 |
| Total expenses | $73,353 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $134,125 |
| Other assets | $0 |
| Total assets | $134,125 |
| Total liabilities | $0 |
| Net assets or fund balances | $134,125 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that The City Schools Foundation has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
United Way Of Rutherford County Murfreesboro, TN PURPOSE: EDUCATION PROGRAMEDUCATION PROGRAM | $40,000 |
John D Floyd Charitable Foundation Murfreesboro, TN PURPOSE: EDUCATION GRANTS TO SCHOOLS | $5,000 |
Adams Family Foundation I Murfreesboro, TN PURPOSE: GENERAL FUND | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jacksonville State University Foundation Jacksonville, AL | $99,989,549 | $15,547,897 |
University Of Virginia Licensing & Ventures Group Charlottesville, VA | $21,114,215 | $9,580,641 |
Phoenix Academy Inc High Point, NC | $3,025,069 | $10,364,069 |
Elizabeth City State University Foundation Elizabeth City, NC | $21,052,714 | $2,780,872 |
Alabama High School Athletic Association Montgomery, AL | $12,167,526 | $9,029,142 |
Unc-G Excellence Foundation Greensboro, NC | $187,420,574 | $12,267,071 |
Georgia Gwinnett College Foundationinc Lawrenceville, GA | $177,329,540 | $11,526,847 |
Augusta University Foundation Inc Augusta, GA | $77,382,154 | $9,045,973 |
University Of North Carolina At Asheville Foundation Inc Asheville, NC | $61,754,429 | $7,423,002 |
Marshall-Wythe School Of Law Foundation Williamsburg, VA | $56,391,482 | $7,245,738 |
Horatio Alger Endowment Fund Alexandria, VA | $322,951,010 | $58,271,352 |
Hudsonalpha Foundation Huntsville, AL | $65,481,044 | $7,640,212 |