Kent County Educational Foundation is located in Jayton, TX. The organization was established in 1997. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Kent County 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 08/2023, Kent County Educational Foundation generated $13.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.0% each year . All expenses for the organization totaled $13.9k during the year ending 08/2023. 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
SCHOLARSHIP
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laci Scogin Director | 0 | $0 | |
Hope Morales Director | 0 | $0 | |
Trigg Overbo Director | 0 | $0 | |
Darla Harrison Director | 0 | $0 | |
Lyle Lackey Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $10 |
| Dividends & Interest | $9,184 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,708 |
| Capital Gain Net Income | $4,772 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,902 |
| 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 | $0 |
| Total operating and administrative expenses | $2,698 |
| Contributions, gifts, grants paid | $11,202 |
| Total expenses and disbursements | $13,900 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,454 |
| 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 | $307,273 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $311,727 |
| 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 |
Over the last fiscal year, Kent County Educational Foundation has awarded $11,202 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CALEB BECK PURPOSE: SCHOLARSHIP | $974 |
BEN BLANKENSHIP PURPOSE: SCHOLARSHIP | $1,948 |
JAYME BRALY PURPOSE: SCHOLARSHIP | $974 |
HANNAH MOSLEY PURPOSE: SCHOLARSHIP | $1,461 |
KENNEDY GIBSON PURPOSE: SCHOLARSHIP | $974 |
ABBIE MULLEN PURPOSE: SCHOLARSHIP | $974 |