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Nonprofiteer
← CLARKSVILLE MONTGOMERY COUNTY EDUCATION FOUNDATION

Form 990 for tax year 2022

Filed by CLARKSVILLE MONTGOMERY COUNTY EDUCATION FOUNDATION.

Totals

Total revenue
$511,684
Total expenses
$433,023
Contributions and grants received
$507,115
Grants paid
$265,967
Program service revenue
$0
Investment income
$42,516
Other revenue
-$37,947
Total assets, end of year
$778,212
Total liabilities, end of year
$96,836
Net assets or fund balances, end of year
$681,376
Program services expenses (Part IX)
$433,023
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$433,023

Program services were 100.0% 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.

  • 1c · Fundraising events

    $250,938

  • 1f · All other contributions, gifts and grants

    $256,177

  • 3 · Investment income

    total $42,516 · related or exempt $42,516

  • 8a · Fundraising events: contributions included on line 1c

    $250,938

  • 8b · Fundraising events: direct expenses

    $37,947

  • 8c · Net income from fundraising events

    total -$37,947

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $200,640 · program services $200,640

  • 2 · Grants to domestic individuals

    total $65,327 · program services $65,327

  • 7 · Other salaries and wages

    total $36,501 · program services $36,501

  • 11c · Fees: accounting

    total $5,350 · program services $5,350

  • 11f · Fees: investment management

    total $2,659 · program services $2,659

  • 12 · Advertising and promotion

    total $2,366 · program services $2,366

  • 13 · Office expenses

    total $2,528 · program services $2,528

  • 14 · Information technology

    total $600 · program services $600

  • 17 · Travel

    total $532 · program services $532

  • 23 · Insurance

    total $1,081 · program services $1,081

  • 24a · Other expenses: AWARDS, GRANT & PROGRAM E

    total $107,891 · program services $107,891

  • 24b · Other expenses: DUES & SUBSCRIPTIONS

    total $7,498 · program services $7,498

  • 24c · Other expenses: LICENSE AND PERMITS

    total $40 · program services $40

  • 24d · Other expenses: BANK SERVICE CHARGE

    total $10 · program services $10

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $181,118 · end of year $209,017

  • 2 · Savings and temporary cash investments

    beginning of year $19,653 · end of year $27,250

  • 4 · Accounts receivable

    end of year $5

  • 10a · Land, buildings and equipment: cost or other basis

    $756

  • 10b · Land, buildings and equipment: accumulated depreciation

    $756

  • 11 · Investments: publicly traded securities

    beginning of year $498,780 · end of year $541,940

  • 21 · Escrow or custodial account liability

    beginning of year $96,836 · end of year $96,836

  • 27 · Net assets without donor restrictions

    beginning of year $602,715 · end of year $681,376

Mission and programs · 2022

Mission

THE CLARKSVILLE-MONTGOMERY COUNTY EDUCATION FOUNDATION EXISTS TO SUPPORT THE IMPROVEMENT OF PUBLIC EDUCATION BY PROVIDING THE CLARKSVILLE-MONTGOMERY COUNTY SCHOOL SYSTEM ADDITIONAL FUNDING FOR THE SUPPORT OF PROGRAMS AND INITIATIVES THAT CONTRIBUTE TO STUDENT ACHIEVEMENT.

  • A. GENERAL FUNDS INCLUDE: 1- ANNUAL BASH TO BENEFIT AUCTION GALA, IS THE SIGNATURE FUNDRAISER FOR THE EDUCATION FOUNDATION. WE HOPE TO GENERATE AWARENESS OF THE PROGRAMS AND INITIATIVES SUPPORTED BY THE FOUNDATION WHICH SUPPORT STUDENT ACHIEVEMENT. 2- EMPLOYEES OF THE CMCSS GIVE DONATIONS FROM THEIR PAYCHECK, AND 3- CITYSAVER IS A FUNDRAISING PROGRAM THAT BENEFITS EACH SCHOOL IN THE MONTGOMERY COUNTY DISTRICT.

    Expenses $132,966 · Grants $124,693 · Revenue $84,578

  • B. GRANTS: THE EDUCATION FOUNDATION OFFERS SEVERAL GRANT PROGRAMS SUCH AS "GREAT IDEA GRANT & BIG IDEA GRANTS", "GOOGLE GRANT", "STEM(TECH&ACADEMY)', 'COMMUNITY HEALTH FOUNDATION GRANT- AND "TEACHER OF THE YEAR GRANT-; GREAT IDEA GRANTS & BIG IDEA GRANTS ARE OPEN TO ALL CMCSS EDUCATORS TO BENEFIT THEIR CLASSROOMS AND SPECIAL PROJECTS IN A NON-TRADITIONAL WAY. AWARDS RECEIVED ARE BASED ON A COMPETITIVE RUBRIC AND ITS POTENTIAL IMPACT SCHOOL-WIDE OR IN THE CLASSROOM.

    Expenses $152,638 · Grants $75,947 · Revenue $66,200

  • C. CMC TEACHERS WAREHOUSE: THE TEACHERS WAREHOUSE ALLOWS CMCSS TEACHERS THE OPPORTUNITY TO HAVE ACCESS TO NEW AND GENTLY-USED DONATED SUPPLIES FOR THE BENEFIT OF STUDENT ACHIEVEMENT

    Expenses $35,351 · Grants $35,351 · Revenue $111,265

  • D. ACADEMIC AWARDS: SINCE ITS CREATION IN 1986, THE FOUNDATION RECOGNIZES CMCSS STUDENTS WHO MAINTAIN ACADEMIC EXCELLENCE WITH AWARDS, RECEPTIONS, MEDIA RECOGNITION, AND A BANQUET DINNER. THE STUDENTS HONORED ARE FIRST, SECOND, AND THIRD YEAR RECIPIENTS WHO MAINTAIN NO LOWER THAN A 93 AVERAGE FOR THE LAST TWO CONSECUTIVE SEMESTERS, THIRD-YEAR RECIPIENTS ARE HONORED WITH A SPONSORED FAMILY BANQUET. E. PASS & GO: THE PASS AND GO PROGRAM CONTINUES TO BE SUCCESSFUL, BENEFITING FROM THE NUMBER OF STUDENTS WHO TAKE AND PASS AP COURSES AND EXAMS, WHICH INCREASES WITH EACH YEAR. F. LEADERSHIP CMCSS: THE PROGRAM IS DESIGNED TO BUILD BETTER COMMUNITY UNDERSTANDING OF SCHOOL SYSTEM CHALLENGES AND SUCCESS, AS WELL AS TO ENHANCE PUBLIC SCHOOL SYSTEM ADVOCATES. THE GOAL OF LEADERSHIP CMCSS IS TO HELP IMPROVE CITIZEN KNOWLEDGE ABOUT OUR LOCAL EDUCATION SYSTEM PRACTICES. EACH YEAR COMMUNITY LEADERS ARE ENCOURAGED TO APPLY FOR MEMBERSHIP IN THIS PROGRAM. G. BURT H.S: THE PURPOSE OF THIS SCHOLARSHIP IS TO PROVIDE FUNDS TO FOSTER AND PROMOTE ATTAINMENT OF HIGHER EDUCATION BY AWARDING SCHOLARSHIPS TO DESCENDANTS OF BURT HIGH SCHOOL. DESCENDANTS OF BURT HIGH SCHOOL REFERS TO THOSE PERSONS WHOSE ANCESTOR ATTENDED BURT HIGH SCHOOL. FUNDS FOR THIS SCHOLARSHIP IS PROVIDED SOLELY THROUGH THE BURT REUNION ASSOCIATION ENDOWMENT ESTABLISHED THROUGH THE EDUCATION FOUNDATION. H. PARTNERS IN EDUCATION: A COLLABORATION BETWEEN THE CLARKSVILLE MONTGOMERY COUNTY EDUCATION FOUNDATION, THE CLARKSVILLE MONTGOMERY COUNTY SCHOOL SYSTEM (CMCSS), AND THE CLARKSVILLE AREA CHAMBER OF COMMERCE, THE PARTNERS IN EDUCATION (PIE) PROGRAM WORKS TO UNITE CLARKSVILLE-MONTGOMERY SCHOOLS WITH LOCAL BUSINESSES AND ORGANIZATIONS FOR THE BENEFIT OF OUR ENTIRE COMMUNITY. I. DASH TO BENEFIT: DASH TO BENEFIT IS A COMMUNITY-SUPPORTED RACE TO BENEFIT THE TEACHERS AND STUDENTS OF THE CLARKSVILLE MONTGOMERY COUNTY SCHOOL SYSTEM. ALL PROFITS FROM THIS RACE WILL DIRECTLY SUPPORT GRANTS, THE TEACHER WAREHOUSE, ACADEMIC RECOGNITION, AND MORALE EFFORTS TO SUPPORT THE SCHOOL SYSTEM.

    Expenses $112,068 · Grants $29,976 · Revenue $104,231

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Rich Holladay

    DIRECTOR

    Total calculated
    $0
  • Price Hopson

    CHAIRMAN

    Total calculated
    $0
  • Denise Pickett

    DIRECTOR

    Total calculated
    $0
  • Susie Yonkers

    DIRECTOR

    Total calculated
    $0
  • Jo Dee Wright

    VICE CHAIRMA

    Total calculated
    $0
  • Grayson Smith

    TREASURER

    Total calculated
    $0
  • Lesa Goder

    DIRECTOR

    Total calculated
    $0
  • Brian Burkeen

    DIRECTOR

    Total calculated
    $0
  • John Montgomery

    DIRECTOR

    Total calculated
    $0
  • Jen Brower

    DIRECTOR

    Total calculated
    $0
  • Emily Medvecky

    DIRECTOR

    Total calculated
    $0
  • Lorneth Peters

    DIRECTOR

    Total calculated
    $0
  • Sarah Wood

    DIRECTOR

    Total calculated
    $0
  • Alana Ward

    DIRECTOR

    Total calculated
    $0
  • Brian Taylor

    DIRECTOR

    Total calculated
    $0
  • Rudy Johnson Emeritus

    DIRECTOR

    Total calculated
    $0
  • Kay Martin Emeritus

    DIRECTOR

    Total calculated
    $0
  • Angela Huff

    OFFICER

    Total calculated
    $0
  • Jean Luna-Vedder

    OFFICER

    Total calculated
    $0
  • Anthony Johnson

    OFFICER

    Total calculated
    $0
  • Robin Burton

    EXECUTIVE DI

    Total calculated
    $0

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

  • CLARKSVILLE-MONTGOMERY COUNTY SCHOO SYSTEM

    $124,693

    CITYSAVER PAYOUT

  • CLARKSVILLE-MONTGOMERY COUNTY SCHOO SYSTEM

    $41,545

    BIG & GREAT IDEA GRA

  • CLARKSVILLE-MONTGOMERY COUNTY SCHOO SYSTEM

    $34,402

    TEACHER MORALE GRANT

Provenance

Return type
form_990
Tax year
2022
Filed
9 November 2023
IRS schema version
2022v5.0
Source object
202410169349304161

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