Form 990 for tax year 2022
Filed by PITT COUNTY EDUCATIONAL FOUNDATION INC.
Totals
- Total revenue
- $268,502
- Total expenses
- $303,184
- Contributions and grants received
- $246,476
- Grants paid
- $120,627
- Program service revenue
- $18,365
- Investment income
- -$745
- Other revenue
- $4,406
- Total assets, end of year
- $1,193,791
- Total liabilities, end of year
- $159,157
- Net assets or fund balances, end of year
- $1,034,634
- Program services expenses (Part IX)
- $285,795
- Management and general expenses
- $17,189
- Fundraising expenses
- $200
- Program service expenses (Part III)
- $285,795
Program services were 94.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1a · Federated campaigns
$501
-
1c · Fundraising events
$2,897
-
1d · Related organizations
$21,766
-
1f · All other contributions, gifts and grants
$221,312
-
1g · Noncash contributions included above
$12,865
-
2a · Program service revenue: PITT PIRATES ROBOTICS
total $18,365 · related or exempt $18,365
-
3 · Investment income
total -$745 · excluded -$745
-
8a · Fundraising events: contributions included on line 1c
$2,897
-
11a · Other revenue: MINIGRANTS RETURNED
total $4,406 · related or exempt $4,406
-
11e · Other revenue, total
$4,406
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $44,080 · program services $44,080
-
2 · Grants to domestic individuals
total $76,547 · program services $76,547
-
11c · Fees: accounting
total $10,280 · management and general $10,280
-
11f · Fees: investment management
total $3,736 · management and general $3,736
-
12 · Advertising and promotion
total $1,215 · program services $426 · management and general $789
-
13 · Office expenses
total $1,023 · program services $336 · management and general $687
-
17 · Travel
total $26,632 · program services $26,632
-
19 · Conferences, conventions and meetings
total $9,724 · program services $9,724
-
24a · Other expenses: LEARNING CENTER
total $75,395 · program services $75,395
-
24b · Other expenses: PROGRAM SUPPLIES
total $30,774 · program services $30,774
-
24c · Other expenses: COMPETITION REGISTRATIONS
total $6,683 · program services $6,683
-
24d · Other expenses: STEM LAB
total $6,221 · program services $6,221
-
24e · All other expenses
total $10,874 · program services $8,977 · management and general $1,697 · fundraising $200
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $13,238 · end of year $54,952
-
2 · Savings and temporary cash investments
beginning of year $1,176,003 · end of year $651,403
-
9 · Prepaid expenses and deferred charges
beginning of year $5,350
-
11 · Investments: publicly traded securities
end of year $487,436
-
17 · Accounts payable and accrued expenses
beginning of year $86,142 · end of year $159,157
-
27 · Net assets without donor restrictions
beginning of year $30,254 · end of year $30,557
-
28 · Net assets with donor restrictions
beginning of year $1,078,195 · end of year $1,004,077
Mission and programs · 2022
Mission
TRANSFORMING OUR COMMUNITY THROUGH EXCELLENCE IN PITT COUNTY PUBLIC EDUCATION.
-
PITT COUNTY EDUCATIONAL FOUNDATION, INC. AWARDS NUMEROUS SCHOLARSHIPS TO STUDENTS OF PITT COUNTY SCHOOLS EACH YEAR TO ASSIST WITH HIGHER EDUCATIONAL ENDEAVORS. THE FOUNDATION ALSO PROVIDES VARIOUS AWARDS FOR STUDENT RECOGNITIONS. IN ADDITION, THE FOUNDATION SUPPORTS DIFFERENT PROGRAMS OF PITT COUNTY SCHOOLS WHICH BENEFIT AND ENHANCE THE EDUCATIONAL EXPERIENCE OF THE STUDENTS OF PITT COUNTY SCHOOLS.
Expenses $154,058 · Grants $76,047 · Revenue $18,365
-
PITT COUNTY EDUCATIONAL FOUNDATION, INC. PROVIDES FOR THE ADVANCEMENT OF TEACHER/EDUCATOR INITIATIVES THROUGH INTERACTION WITH LOCAL BUSINESSES, MINI-GRANT FUNDING, TRAINING, AWARDS AND RECOGNITIONS, ETC.
Expenses $131,737 · Grants $44,580
-
THE FOUNDATION ASSISTS OTHER AGENCIES/ORGANIZATIONS WHICH ARE ESTABLISHED TO ENHANCE THE QUALITY OF EDUCATION PROVIDED BY PITT COUNTY SCHOOLS.
As filed on the 2022 return.
Listed in Part VII
-
Ethan LenkerETHAN LENKER
DIRECTOR
- Total calculated
- $266,734
- From this org
- $0
- From related orgs
- $254,676
- Other
- $12,058
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $254,676 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $12,058 related
- Nontaxable benefits
- not reported
- Filer's total
- not reported + $266,734 related
-
Debra BaggettDEBRA BAGGETT
TREASURER
- Total calculated
- $128,571
- From this org
- $0
- From related orgs
- $111,465
- Other
- $17,106
- Hours/week
- 1 + 40 related
-
Elizabeth N UlffersELIZABETH N ULFFERS
EXEC DIRECTO
- Total calculated
- $99,815
- From this org
- $0
- From related orgs
- $91,108
- Other
- $8,707
- Hours/week
- 30 + 10 related
-
Patricia ClarkPATRICIA CLARK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Leo CorbinLEO CORBIN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Allison CovingtonALLISON COVINGTON
PRINCIPAL OF
- Total calculated
- $0
- Hours/week
- 0.5 + 40 related
-
Matt DanielMATT DANIEL
TEACHER OF T
- Total calculated
- $0
- Hours/week
- 0.5 + 40 related
-
Sarah DavenportSARAH DAVENPORT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Betsy FlanaganBETSY FLANAGAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Andrew HerdmanANDREW HERDMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jimmy HiteJIMMY HITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Molly HoldemanMOLLY HOLDEMAN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Hl Stephenson IIIHL STEPHENSON III
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Darryl Thomas JrDARRYL THOMAS JR
PRINCIPAL OF
- Total calculated
- $0
- Hours/week
- 0.5 + 40 related
-
Tom KulikowskiTOM KULIKOWSKI
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 1.5
-
Christopher LocklearCHRISTOPHER LOCKLEAR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Trent McGeeTRENT MCGEE
CHAMBER OF C
- Total calculated
- $0
- Hours/week
- 1
-
Freeman PaylorFREEMAN PAYLOR
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Dawn RaifordDAWN RAIFORD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Bynum SatterwhiteBYNUM SATTERWHITE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Van SmithVAN SMITH
VICE-CHAIRMA
- Total calculated
- $0
- Hours/week
- 1
-
Clinton ToddCLINTON TODD
TEACHER OF T
- Total calculated
- $0
- Hours/week
- 0.5 + 40 related
-
James TrippJAMES TRIPP
PCBOE MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Frances YoungFRANCES YOUNG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
PITT COUNTY SCHOOLS
PUBLIC SCH · NC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 5 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202312899349300816
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