Form 990 for tax year 2024
Filed by CHESAPEAKE PUBLIC SCHOOLS EDUCATIONAL FOUNDATION.
Totals
- Total revenue
- $276,599
- Total expenses
- $170,657
- Contributions and grants received
- $158,076
- Grants paid
- $121,617
- Program service revenue
- $0
- Investment income
- $24,494
- Other revenue
- $94,029
- Total assets, end of year
- $933,292
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $933,292
- Program services expenses (Part IX)
- $156,981
- Management and general expenses
- $13,676
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $156,981
Program services were 92.0% 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
$158,076
-
3 · Investment income
total $24,494 · excluded $24,494
-
8a · Fundraising events: gross income
$145,008
-
8b · Fundraising events: direct expenses
$50,979
-
8c · Net income from fundraising events
total $94,029 · excluded $94,029
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $90,672 · program services $90,672
-
2 · Grants to domestic individuals
total $30,945 · program services $30,945
-
11c · Fees: accounting
total $5,200 · management and general $5,200
-
12 · Advertising and promotion
total $230 · program services $230
-
13 · Office expenses
total $4,409 · management and general $4,409
-
23 · Insurance
total $657 · management and general $657
-
24a · Other expenses: PROGRAM EXPENSES
total $30,624 · program services $30,624
-
24b · Other expenses: BOARD EXPENSES
total $6,820 · program services $3,410 · management and general $3,410
-
24c · Other expenses: CPS EMPLOYEE APPRECIATION
total $1,100 · program services $1,100
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $97,564 · end of year $179,403
-
2 · Savings and temporary cash investments
beginning of year $201,983 · end of year $209,747
-
9 · Prepaid expenses and deferred charges
beginning of year $657
-
11 · Investments: publicly traded securities
beginning of year $271,693 · end of year $283,754
-
15 · Other assets
beginning of year $238,365 · end of year $260,388
-
27 · Net assets without donor restrictions
beginning of year $700,680 · end of year $800,105
-
28 · Net assets with donor restrictions
beginning of year $109,582 · end of year $133,187
Mission and programs · 2024
Mission
THE MISSION OF THE CHESAPEAKE PUBLIC SCHOOLS EDUCATIONAL FOUNDATION IS TO ENGAGE IN ACTIVITIES THAT WILL ESTABLISH SCHOLARSHIPS, FUND INSTRUCTIONAL INITIATIVES, PROVIDE INSTRUCTIONAL MATERIALS, AND IMPROVE CHESAPEAKE'S EDUCATIONAL FACILITIES. THIS IS ACCOMPLISHED THROUGH FUND-RAISING EVENTS, DONATIONS FROM BUSINESSES, EMPLOYEES, PRIVATE CITIZENS, TRUSTS, AND ENDOWMENTS.
-
TO PROVIDE STUDENT SCHOLARSHIPS, CLASSROOM GRANTS FOR TEACHERS, AND INCREASED TECHNOLOGY TO STUDENTS AND TEACHERS THROUGHOUT THE SCHOOL DIVISION.
Expenses $156,981 · Grants $121,617
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Larry BattleLARRY BATTLE
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Carolyn BernardCAROLYN BERNARD
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Rhonda BridgemanRHONDA BRIDGEMAN
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Chris CrouchCHRIS CROUCH
CHAIRPERSON
- Total calculated
- $0
- Hours/week
- 2
-
Claudia CuddyerCLAUDIA CUDDYER
MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Taylor GrissomTAYLOR GRISSOM
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
J D Miles IVJ D MILES IV
VICE CHAIRPE
- Total calculated
- $0
- Hours/week
- 2
-
Brenda JohnsonBRENDA JOHNSON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Wilfredo Bonilla JrWILFREDO BONILLA JR
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Leann Kerry-WinstonLEANN KERRY-WINSTON
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Steve KlimkiewiczSTEVE KLIMKIEWICZ
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Michael KosMICHAEL KOS
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Michael LamoneaMICHAEL LAMONEA
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Troy LindseyTROY LINDSEY
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Catherine MagillCATHERINE MAGILL
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Sean MurphySEAN MURPHY
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Shahzeib ParvezSHAHZEIB PARVEZ
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Thomas Mercer SrTHOMAS MERCER SR
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Angela SwygertANGELA SWYGERT
MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
Louis TayonLOUIS TAYON
MEMBER
- 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.
Grants on this return
-
SCHOOL GRANTS
$35,500
SCHOOL DESIGNATIONS
-
INSTRUCTIONAL GRANTS
$30,315
INSTRUCTIONAL ASSIST
-
DEPARTMENTAL GRANTS
$24,857
EDUCATIONAL EVENTS
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 20 April 2026
- IRS schema version
- 2024v5.0
- Source object
- 202611319349304581
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