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Chatom Public Schools Endowment Fund Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200006862 ✦ Chatom, AL ✦ Designated as a 501(c)(3)

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Overview

What is Chatom Public Schools Endowment Fund Inc?

Chatom Public Schools Endowment Fund Inc is a nonprofit organization situated in Chatom, Alabama. Its primary objective is to accumulate and manage endowments and donations, serving as a long-term income source exclusively for the benefit of the local public schools. The Fund's mission is to supplement funding for under-resourced areas within the schools, thereby enhancing educational opportunities. Although no grant requests were made from the supported organizations during the recent fiscal year, the Fund remains committed to achieving its goal of providing extra financial support to the Chatom area's schools.

Is Chatom Public Schools Endowment Fund Inc legitimate?

Chatom Public Schools Endowment Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chatom Public Schools Endowment Fund Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

What is the mission statement of Chatom Public Schools Endowment Fund Inc?

The Chatom Public Schools Endowment Fund's mission is to collect and invest funds through donations, aiming to generate a consistent income source. This income is intended for the betterment of public schools in the Chatom area, specifically for areas that lack sufficient funding from the schools' primary resources. Despite no grant requests during the fiscal year, the Fund continues to pursue its objective of providing supplementary funds to these underfunded areas within the educational system.

Who is the CEO of Chatom Public Schools Endowment Fund Inc?

Ashli O Page is the Treasurer of Chatom Public Schools Endowment Fund Inc.

What is the revenue of Chatom Public Schools Endowment Fund Inc?

Chatom Public Schools Endowment Fund Inc's revenue in 2022 was $895.

Who are the executives of Chatom Public Schools Endowment Fund Inc and what are their salaries?


Here are 5 key members and their salaries:


Benjamin Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashli O Page (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Smith (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Holly Jordan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harold Crouch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Chatom Public Schools Endowment Fund Inc?

Chatom Public Schools Endowment Fund Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Chatom Public Schools Endowment Fund Inc

The Chatom Public Schools Endowment Fund is an organization dedicated to collecting and investing endowments and donations with a singular purpose: to serve as a reliable source of additional income for the educational institutions in the Chatom, Alabama area. Its primary mission is to supplement the funding provided by the schools' regular resources, focusing on areas that may be underfunded. Despite not receiving any grant requests during the previous fiscal year, the Chatom Public Schools Endowment Fund persists in its objective, working tirelessly to provide financial support to enhance educational opportunities for the community.

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Impact




October, 2024

The Chatom Public Schools Endowment Fund Inc plays a vital role in enhancing educational opportunities within the Chatom, AL community. By soliciting and investing endowments and donations, it generates a sustainable source of income dedicated solely to the local public schools. This long-term financial support is crucial, especially in areas where traditional funding sources may fall short.

The Fund's mission focuses on providing supplemental funds that can be directed towards initiatives and resources that enhance the educational experience for students. Although the supported organizations did not request grants during the most recent fiscal year, the ongoing commitment to its objective underscores the importance of building a financial foundation that will continue to benefit the schools in the future.

Through its efforts, the Chatom Public Schools Endowment Fund contributes to the overall improvement of educational resources, helping to ensure that students receive the support they need to succeed. Its impact is felt throughout the community, fostering a richer learning environment and bolstering the quality of education available to all students in the Chatom area.




This information is meant to be a general summary of Chatom Public Schools Endowment Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$895 (2022)
Expenses
$75 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $895
  • Gross Receipts: $895

Assets and Liabilities:

  • Total Assets: $50,158
  • Total Liabilities: $0
  • Net Assets: $50,158

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Organization Details

Principal Officer

Ashli O Page

Main Address

PO Box 1209, Chatom, AL, 36518

NTEE Category

Code: B11 - Education

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