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Franklin City Educational Foundation Inc

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

EIN: 223890027 ✦ Franklin, VA ✦ Designated as a 501(c)(3)

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Overview

What is Franklin City Educational Foundation Inc?

Franklin City Educational Foundation Inc is a nonprofit organization located in Franklin, Virginia. Their primary mission is to support the financial needs of the local public schools by providing grants to teachers, funding for robotics teams, and scholarships for graduating seniors. The grants are awarded based on their potential impact on students and the availability of funds from other sources. The Foundation's goal is to enhance the educational experience and opportunities for students within the Franklin City community.

Is Franklin City Educational Foundation Inc legitimate?

Franklin City Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franklin City Educational Foundation 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 Franklin City Educational Foundation Inc?

The Franklin City Educational Foundation Inc's mission is centered around providing financial assistance to local public schools. This is primarily achieved through grant funding, which teachers can apply for, based on the potential impact on students and the availability of funds from other sources. Additionally, the foundation supports the robotics team within the schools and offers scholarships to graduating seniors. The aim is to enhance the educational experience and opportunities for students in the community.

Who is the CEO of Franklin City Educational Foundation Inc?

James D Jervey is the President of Franklin City Educational Foundation Inc.

What is the revenue of Franklin City Educational Foundation Inc?

Franklin City Educational Foundation Inc's revenue in 2020 was $31,950.

Who are the executives of Franklin City Educational Foundation Inc and what are their salaries?


Here are 6 key members and their salaries:


James D Jervey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brenton D Burgess (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Stephenson (Secretary/Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Faith Atkinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy P Harrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Benton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Franklin City Educational Foundation Inc?

Franklin City Educational Foundation Inc's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Franklin City Educational Foundation Inc

The Franklin City Educational Foundation Inc is dedicated to providing financial assistance to the public schools within Franklin City. This nonprofit organization achieves its mission by granting funds to teachers based on the potential impact on students and the availability of resources from other sources. Beyond teacher grants, the Foundation also supports the city's robotics team and awards scholarships to graduating seniors. The scholarship criteria focus on the student's achievements and the existing financial aid they have. In essence, the Franklin City Educational Foundation Inc plays a vital role in enhancing the educational experience of students in Franklin City by providing additional financial support to their schools and students.

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Impact




August, 2024

Franklin City Educational Foundation Inc directly impacts the students and public schools in Franklin, Virginia by providing crucial financial support. Through grants submitted by teachers, funding for the robotics team, and scholarships for graduating seniors, the Foundation enhances educational opportunities for the student body. By assessing the impact on students and considering existing funding sources, the Foundation ensures that its support maximizes benefits for the schools and the community in Franklin.




This information is meant to be a general summary of Franklin City Educational Foundation 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
$31,950 (2020)
Expenses
$16,352 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Investment Income: $7
  • Gross Receipts: $31,950

Assets and Liabilities:

  • Total Assets: $49,082
  • Total Liabilities: $0
  • Net Assets: $49,082

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Organization Details

Principal Officer

James D Jervey

Main Address

PO BOX 96, FRANKLIN, VA, 23851

NTEE Category

Code: B112 - Education

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