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 HolladayRICH HOLLADAY
DIRECTOR
- Total calculated
- $0
-
Price HopsonPRICE HOPSON
CHAIRMAN
- Total calculated
- $0
-
Denise PickettDENISE PICKETT
DIRECTOR
- Total calculated
- $0
-
Susie YonkersSUSIE YONKERS
DIRECTOR
- Total calculated
- $0
-
Jo Dee WrightJO DEE WRIGHT
VICE CHAIRMA
- Total calculated
- $0
-
Grayson SmithGRAYSON SMITH
TREASURER
- Total calculated
- $0
-
Lesa GoderLESA GODER
DIRECTOR
- Total calculated
- $0
-
Brian BurkeenBRIAN BURKEEN
DIRECTOR
- Total calculated
- $0
-
John MontgomeryJOHN MONTGOMERY
DIRECTOR
- Total calculated
- $0
-
Jen BrowerJEN BROWER
DIRECTOR
- Total calculated
- $0
-
Emily MedveckyEMILY MEDVECKY
DIRECTOR
- Total calculated
- $0
-
Lorneth PetersLORNETH PETERS
DIRECTOR
- Total calculated
- $0
-
Sarah WoodSARAH WOOD
DIRECTOR
- Total calculated
- $0
-
Alana WardALANA WARD
DIRECTOR
- Total calculated
- $0
-
Brian TaylorBRIAN TAYLOR
DIRECTOR
- Total calculated
- $0
-
Rudy Johnson EmeritusRUDY JOHNSON EMERITUS
DIRECTOR
- Total calculated
- $0
-
Kay Martin EmeritusKAY MARTIN EMERITUS
DIRECTOR
- Total calculated
- $0
-
Angela HuffANGELA HUFF
OFFICER
- Total calculated
- $0
-
Jean Luna-VedderJEAN LUNA-VEDDER
OFFICER
- Total calculated
- $0
-
Anthony JohnsonANTHONY JOHNSON
OFFICER
- Total calculated
- $0
-
Robin BurtonROBIN 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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