Bay Education Foundation Inc

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

EIN: 592987826 ✦ Panama city, FL ✦ Designated as a 501(c)(3)

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Overview

What is Bay Education Foundation Inc?

Bay Education Foundation Inc is a nonprofit organization located at 1311 BALBOA AVE, PANAMA CITY, FL 32401. Their primary focus is on nurturing the potential of students by offering enhanced educational opportunities and encouraging employee involvement in the community. To achieve this, they run a mentoring program for students who receive college scholarships. Each scholar is assigned a mentor to guide them throughout the program, fostering a supportive learning environment. With a workforce of six individuals, Bay Education Foundation Inc is committed to enhancing education and community engagement.


Official website here: www.bayeducationfoundation.org

What do the Facebook reviews say about Bay Education Foundation Inc?

100% of 9 reviewers on Facebook recommend Bay Education Foundation Inc. Here is a summary of their reviews: The feedback highlights the foundation's commitment to addressing the diverse needs of students individually. This approach resonates well with parents and community members who appreciate the tailored support provided to each student.

The nonprofit is praised for its effective programs and initiatives that aim to enhance educational opportunities, demonstrating a clear dedication to making a positive impact on students' lives. Overall, the foundation appears to effectively fulfill its mission, earning the trust and support of those it serves.


This AI summary has been generated from reviews found on Facebook.

Is Bay Education Foundation Inc legitimate?

Bay Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay Education Foundation Inc submitted a form 990, 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $118,872
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,130

For more financial information, click here


Official website here: www.bayeducationfoundation.org

What is the mission statement of Bay Education Foundation Inc?

The Bay Education Foundation Inc's mission is centered around enhancing the educational opportunities for students, aiming to foster their potential. This is accomplished by providing quality educational resources and encouraging employee involvement. Additionally, the foundation encourages community engagement, aiming to make a broader impact in the field of education. As part of its initiatives, the foundation offers a mentoring program for college scholarship recipients, assigning each student a mentor to guide them through the program.


Official website here: www.bayeducationfoundation.org

Who is the CEO of Bay Education Foundation Inc?

Larry Carroll is the President of Bay Education Foundation Inc.


Official website here: www.bayeducationfoundation.org

What is the revenue of Bay Education Foundation Inc?

Bay Education Foundation Inc's revenue in 2023 was $452,418.


Official website here: www.bayeducationfoundation.org

Who are the executives of Bay Education Foundation Inc and what are their salaries?

The average compensation at Bay Education Foundation Inc during 2023 was $22,667. There are 6 employees and 90 volunteers at Bay Education Foundation Inc.


Here are 21 key members and their salaries:


Larry Carroll (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cambridge Carruth (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Rich (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Prather (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terry Booker (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shane Boyett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Clements (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Commander (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lara Herter (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Holbrook (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robbie Hughes (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Knox (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cassie Laube (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Mcguire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Meek (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Neves (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Remedies (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Sparks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Watson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Werchan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Langenberg (Executive Di)
  • Compensation: $97,507
  • Related: $0
  • Other: $21,365


Official website here: www.bayeducationfoundation.org

Where can I find the form 990 for Bay Education Foundation Inc?

Bay Education Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.bayeducationfoundation.org

Learn more at the official website: www.bayeducationfoundation.org

Mission Statement of Bay Education Foundation Inc

Bay Education Foundation Inc is committed to nurturing student potential by offering enhanced educational opportunities. This mission extends beyond the classroom, encouraging employee involvement and promoting greater community engagement. The foundation achieves this goal through its Take Stock in Children mentoring program. In this program, each recipient of college scholarships is paired with a mentor to provide guidance throughout their academic journey. This personalized support aims to empower students and equip them with the skills necessary to succeed in their educational pursuits and beyond.

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Impact




October, 2024

Bay Education Foundation Inc significantly impacts the educational landscape by enhancing student potential through quality educational opportunities. The foundation focuses on developing students’ abilities by providing resources and support that foster academic growth and personal development.

One of the key initiatives is the Take Stock in Children mentoring program, where students who receive college scholarships are paired with dedicated mentors. These mentors play a crucial role in guiding students through their educational journey, offering support, advice, and encouragement, which can be instrumental in helping them achieve their academic and career goals.

Moreover, the foundation encourages greater community involvement, fostering a collaborative environment where employees and local residents actively participate in supporting education. This engagement not only enriches the educational experience for students but also strengthens the community by building connections and promoting a shared commitment to student success. The efforts of Bay Education Foundation Inc ultimately contribute to a more educated, empowered, and involved community in Panama City, FL.




This information is meant to be a general summary of Bay Education 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
$452,418 (2023)
Expenses
$602,381 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $7,771
  • Gross Receipts: $522,302

Assets and Liabilities:

  • Total Assets: $2,852,683
  • Total Liabilities: $965,018
  • Net Assets: $1,887,665

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Organization Details

Founding Year

1989

Principal Officer

Larry Carroll

Main Address

1311 BALBOA AVE, PANAMA CITY, FL, 32401

NTEE Category

Code: B84 - Education

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