Skip to content
Nonprofiteer
← EDUCATION CONSUMERS FOUNDATION

Form 990 for tax year 2023

Filed by EDUCATION CONSUMERS FOUNDATION.

Totals

Total revenue
-$1,595
Total expenses
$62,891
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$0
Investment income
-$1,887
Other revenue
$292
Total assets, end of year
$128,962
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$128,962
Program services expenses (Part IX)
$41,419
Management and general expenses
$21,472
Fundraising expenses
$0
Program service expenses (Part III)
$41,419

Program services were 65.9% 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.

  • 3 · Investment income

    total $3,360 · excluded $3,360

  • 7a · Gross sales of assets other than inventory

    securities $87,000

  • 7b · Less cost or other basis and sales expenses

    securities $92,247

  • 7c · Gain or loss

    securities -$5,247

  • 7d · Net gain or loss

    total -$5,247 · excluded -$5,247

  • 11a · Other revenue: TICKET AND BOOK SALES

    total $292 · related or exempt $292

  • 11e · Other revenue, total

    $292

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $32,324 · program services $16,162 · management and general $16,162

  • 10 · Payroll taxes

    total $7,277 · program services $3,638 · management and general $3,639

  • 11g · Fees: other

    total $14,652 · program services $14,652

  • 13 · Office expenses

    total $5,296 · program services $4,006 · management and general $1,290

  • 16 · Occupancy

    total $1,384 · program services $1,107 · management and general $277

  • 23 · Insurance

    total $104 · management and general $104

  • 24a · Other expenses: ADMIN FEES TO ETF

    total $1,832 · program services $1,832

  • 24b · Other expenses: STATE TAX

    total $22 · program services $22

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $4,901 · end of year $4,302

  • 11 · Investments: publicly traded securities

    beginning of year $177,012 · end of year $124,660

  • 27 · Net assets without donor restrictions

    beginning of year $181,913 · end of year $128,962

Mission and programs · 2023

Mission

ECF WAS CREATED TO ADVANCE THE INTERESTS OF PARENT GROUPS, SCHOOL BOARDS, COLLEGE TRUSTEES, LEGISLATIVE COMMITTEES, AND CIVIC ORGANIZATIONS BY GATHERING AND DISSEMINATING INFORMATION ABOUT EDUCATION POLICY AND PRACTICE

  • CONDUCT MARKETING, PUBLIC RELATIONS, RESEARCH AND DEVELOPMENT, AND WEBSITE DEVELOPMENT ACTIVITIES TO PROMOTE AWARENESS OF PRODUCTS OF EDUCATION CONSUMERS FOUNDATION AND DESSEMINATE INFORMATION TO THE PUBLIC ABOUT EDUCATION POLICY AND PRACTICE

    Expenses $39,587

  • PROVIDED SUPPORT TO SUPPORTED ORGANIZATION, EAST TENNESSEE FOUNDATION

    Expenses $1,832

As filed on the 2023 return.

Listed in Part VII

  • SHEPARD BARBASH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • RAYMOND BROWN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • GEORGE CUNNINGHAM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • MARK Y HERRING

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • MARILYN REED

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.2

  • ROBERT S SPANGLER

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.2

  • JOHN E STONE

    PRESIDENT

    Total calculated
    $0
    Hours/week
    40

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.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
14 November 2024
IRS schema version
2023v5.0
Source object
202413209349303971

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.