E3 School Support Inc
- Assets
- $5.3m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 06/2019
- Data as of
- 12/2021
- EIN
- 83-1517647
Organization Overview
E3 School Support Inc is located in Knoxville, TN. The organization was established in 2019. 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. E3 School Support 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, E3 School Support Inc generated $1.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (15.9%) each year. All expenses for the organization totaled $524.7k during the year ending 12/2021. 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
SUPPORTING ORGANIZATION WHOSE MISSION, BEING THE MISSION OF THE SUPPORTED ORGANIZATION, IS TO ASSIST CHRISTIAN SCIENCE SCHOOLS IN CERTAIN DEVELOPING COUNTRIES WITH EDUCATIONAL, FINANCIAL, AND PROFESSIONAL RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE ASSISTANCE TO CHRISTIAN SCIENCE SCHOOLS IN AFRICA, INCLUDING UPGRADES TO CLASSROOMS AND SCHOOL INFRASTRUCTURE.
PURCHASE REAL PROPERTY IN KENYA FOR THE FUTURE CHRISTIAN SCIENCE SECONDARY SCHOOL SO THAT, WHEN COMPLETED, GRADUATES OF PETALS OF AFRICA SCHOOL AND THE DREAM EDUCATION CENTRE MAY CONTINUE THEIR EDUCATION THROUGH HIGH SCHOOL. FUNDS EXPENDED FOR THESE ASSET PURCHASES TOTAL $2,801,353. AN ADDITIONAL $430,517 HAS BEEN EXPENDED TO IMPROVE THE CURRENT STRUCTURES ON THE PROPERTY TO PROVIDE A TEMPORARY SPACE FOR CLASSES DURING CONSTRUCTION. IN ADDITION, NEW CONSTRUCTION COMMENCED DURING 2021 FOR ADDITIONAL STRUCTURES FOR THE SCHOOL AND $1,018,819 WAS EXPENDED FOR THIS PURPOSE.
PURCHASED REAL PROPERTY IN KENYA TO CONSTRUCT A PERMANENT HOME FOR THE DREAM EDUCATION CENTRE. FUNDS EXPENDED FOR THESE ASSET PURCHASES TOTALS $914,879.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Brown Director And President | OfficerTrustee | 10 | $0 |
Sholto Bowen Director And Secretary | OfficerTrustee | 7 | $0 |
Nathan Bowen Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,734,365 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,734,365 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $22,071 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,756,436 |
| 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 | $122,387 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $32,314 |
| Fees for services: Accounting | $12,931 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $60,494 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,258 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $119,400 |
| Depreciation, depletion, and amortization | $3,047 |
| Insurance | $0 |
| All other expenses | $138,989 |
| Total functional expenses | $524,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $95,345 |
| Savings and temporary cash investments | $0 |
| 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 | $5,238,745 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,334,090 |
| Accounts payable and accrued expenses | $1,525 |
| 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 | $1,525 |
| Net assets without donor restrictions | -$2,330 |
| Net assets with donor restrictions | $5,334,895 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $5,334,090 |
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Spelman College Special Ventures Fund Inc Atlanta, GA | $236,389,415 | $26,274,154 |
Old Dominion University Research Foundation Norfolk, VA | $35,170,684 | $51,598,508 |
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Unc Health Foundation Inc Chapel Hill, NC | $571,825,040 | $92,147,897 |
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