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Farmers Branch Education Foundation

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

EIN: 743027098 ✦ Farmers branch, TX ✦ Designated as a 501(c)(3)

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Overview

What is Farmers Branch Education Foundation?

The Farmers Branch Education Foundation is a nonprofit organization committed to enhancing the educational prospects of its local students. They achieve this goal by offering scholarships and financial aid to deserving students, providing a total of twenty-eight individual scholarships, with thirteen, fifteen, and ten scholarships being awarded separately. In addition to scholarships, the foundation also engages in advocacy for education, promoting and supporting educational opportunities within the Farmers Branch community.

Is Farmers Branch Education Foundation legitimate?

Farmers Branch Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farmers Branch Education Foundation 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 Farmers Branch Education Foundation?

The Farmers Branch Education Foundation's mission is centered around enhancing the educational prospects of students. This is achieved through various means, including granting scholarships and financial aid to deserving students, as well as offering leadership programs. The foundation also actively advocates for education on a local level. Specifically, they provide scholarships to thirteen, fifteen, and ten students individually, demonstrating their commitment to supporting the educational aspirations of numerous students.

Who is the CEO of Farmers Branch Education Foundation?

Marilyn Lynch is the Treasurer of Farmers Branch Education Foundation.

What is the revenue of Farmers Branch Education Foundation?

Farmers Branch Education Foundation's revenue in 2020 was $638.

Who are the executives of Farmers Branch Education Foundation and what are their salaries?


Here are 3 key members and their salaries:


Grace Speese (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Gillen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Lynch (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Farmers Branch Education Foundation?

Farmers Branch Education Foundation's most recent form 990EZ was submitted in 2020 and can be accessed here.

Mission Statement of Farmers Branch Education Foundation

The Farmers Branch Education Foundation, in its mission, aims to enhance the educational prospects of students residing in the Farmers Branch area. This is achieved primarily through the provision of scholarships and financial aid to deserving local students. The organization offers various scholarships, including thirteen, fifteen, and ten individual scholarships, which cater to a diverse range of students with different needs. Beyond scholarships, the Foundation also engages in education advocacy, working towards improving the educational landscape for Farmers Branch students. This advocacy role extends to leadership programs, furthering the Foundation's commitment to nurturing future leaders within the community.

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Impact




October, 2024

Farmers Branch Education Foundation significantly enhances educational opportunities for students in Farmers Branch, TX, by focusing on scholarships, leadership programs, and advocacy for education. The organization provides essential financial support to deserving local students, exemplified through various scholarship initiatives, including thirteen individual scholarships in one year, fifteen in another, and ten in yet another. This financial aid directly contributes to students' ability to pursue their educational goals, reduce barriers to higher education, and cultivate future leaders in the community. By actively promoting education and resources, Farmers Branch Education Foundation empowers students to succeed academically and grow personally.




This information is meant to be a general summary of Farmers Branch Education Foundation. 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
$638 (2020)
Expenses
$1,341 (2020)
Efficiency

Other financial information:

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

  • Investment Income: $638
  • Gross Receipts: $638

Assets and Liabilities:

  • Total Assets: $144,300
  • Total Liabilities: $36,732
  • Net Assets: $107,568

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Organization Details

Principal Officer

Marilyn Lynch

Main Address

1800 VALLEY VIEW LANE SUITE 118, FARMERS BRANCH, TX, 75234

NTEE Category

Code: B82 - Education

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