Form 990 for tax year 2022
Filed by CITRUS COUNTY EDUCATION FOUNDATION INC.
Totals
- Total revenue
- $1,097,264
- Total expenses
- $1,106,558
- Contributions and grants received
- $861,747
- Grants paid
- $99,805
- Program service revenue
- $0
- Investment income
- $16,616
- Other revenue
- $218,901
- Total assets, end of year
- $895,314
- Total liabilities, end of year
- $1,114
- Net assets or fund balances, end of year
- $894,200
- Program services expenses (Part IX)
- $862,654
- Management and general expenses
- $163,540
- Fundraising expenses
- $80,364
- Program service expenses (Part III)
- $862,654
Program services were 78.0% 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.
-
1f · All other contributions, gifts and grants
$861,747
-
3 · Investment income
total $16,616 · related or exempt $16,616
-
8a · Fundraising events: gross income
$287,867
-
8b · Fundraising events: direct expenses
$68,966
-
8c · Net income from fundraising events
total $218,901 · excluded $148,661
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $99,805 · program services $99,805
-
7 · Other salaries and wages
total $206,705 · program services $165,363 · management and general $20,671 · fundraising $20,671
-
10 · Payroll taxes
total $8,411 · program services $6,729 · management and general $841 · fundraising $841
-
11c · Fees: accounting
total $8,145 · management and general $8,145
-
13 · Office expenses
total $27,760 · program services $12,832 · management and general $14,928
-
16 · Occupancy
total $8,723 · management and general $8,723
-
17 · Travel
total $12,309 · management and general $12,309
-
19 · Conferences, conventions and meetings
total $1,343 · management and general $1,343
-
22 · Depreciation, depletion and amortization
total $63 · program services $63
-
23 · Insurance
total $255 · management and general $255
-
24a · Other expenses: GRANTS - EDUCATIONAL - DI
total $184,015 · program services $174,015 · management and general $10,000
-
24b · Other expenses: SUPPLIES
total $119,023 · program services $80,723 · management and general $36,779 · fundraising $1,521
-
24c · Other expenses: GRANTS INTERNET AND OTHER
total $107,804 · program services $107,804
-
24d · Other expenses: AWARDS ADMIN
total $93,650 · program services $88,967 · management and general $4,683
-
24e · All other expenses
total $228,547 · program services $126,353 · management and general $44,863 · fundraising $57,331
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $440,879 · end of year $371,327
-
2 · Savings and temporary cash investments
beginning of year $331,076 · end of year $508,002
-
9 · Prepaid expenses and deferred charges
beginning of year $24,718 · end of year $12,248
-
10a · Land, buildings and equipment: cost or other basis
$4,505
-
10b · Land, buildings and equipment: accumulated depreciation
$768
-
10c · Land, buildings and equipment, net
end of year $3,737
-
11 · Investments: publicly traded securities
beginning of year $108,012
-
25 · Other liabilities
beginning of year $1,191 · end of year $1,114
-
27 · Net assets without donor restrictions
beginning of year $338,923 · end of year $301,712
-
28 · Net assets with donor restrictions
beginning of year $564,571 · end of year $592,488
Mission and programs · 2022
Mission
THE CITRUS COUNTY EDUCATION FOUNDATION, INC. PROVIDES RESOURCES TO SUPPORT CITRUS COUNTY SCHOOLS TO ENHANCE THE QUALITY OF EDUCATION. THE FOUNDATION IS DEDICATED TO: ENCOURAGING BUSINESS AND COMMUNITY INVOLVEMENT IN THE PUBLIC SCHOOL SYSTEM. PROMOTING CREATIVE AND INNOVATIVE EDUCATIONAL PROGRAMS. FOSTERING EXCELLENCE IN LEARNING. RECOGNIZING OUTSTANDING ACHIEVEMENTS OF STUDENTS, TEACHERS, SUPPORT PERSONNEL AND ADMINISTRATORS.
-
THE ORGANIZATION PROVIDED FUNDS TO TEACHERS IN THE FORM OF MINI-GRANTS AND SUPPORTED EDUCATION IN CITRUS COUNTY BY RECOGNIZING THE TEACHER AND EMPLOYEE OF THE YEAR. THE ORGANIZATION RECOGNIZED OUTSTANDING PERFORMANCE IN THE CLASSROOM BY BOTH TEACHER AND SUPPORT PERSONNEL.
Expenses $815,749 · Grants $99,805
-
THE ORGANIZATION RECEIVED FUNDS FOUNDATIONS AND CONTRIBUTORS TO SUPPORT EDUCATIONAL ACTIVITIES CONDUCTED BY THE CITRUS COUNTY DISTRICT SCHOOLS. THESE PROGRAMS WERE USED TO SUPPORT DISTRICT INITIATIVES.
Expenses $46,905
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Barbieri AmyBARBIERI AMY
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Shaunda Jo BurdetteSHAUNDA JO BURDETTE
EXECUTIVE DI
- Total calculated
- $0
- Hours/week
- 40
-
White DavidWHITE DAVID
PRESIDENT
- Total calculated
- $0
- Hours/week
- 5
-
Ted KingTED KING
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 5
-
Linda RodgersLINDA RODGERS
PAST PRESIDE
- Total calculated
- $0
- Hours/week
- 5
-
Terri RyanTERRI RYAN
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 May 2024
- IRS schema version
- 2022v5.0
- Source object
- 202441369349318074
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