Clay County Education Foundation FY2021 filing

Tax-deductible

Green Cv Spgs, FL501(c)(3)EIN 59-2860147Revenue $545K in FY2021

On file with the IRSclayeducationfoundation.com900 Walnut St, 32043-3129 · Green Cv Spgs, FLTax-exempt since Aug 1988Publicly supported charity — 170(b)(1)(A)(vi)

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We are dedicated to strengthening our Clay County public schools and community by empowering students and educators, building community partnerships, and providing the necessary tools and resources to help all students succeed.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$55K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $70K a year · 14% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$55K
to officers and key staff · 13% of spending
Looks good: pay to officers and key staff is 13% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
5 mo
of spending, in cash
Looks good: 4.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $154K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$563
0.3% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 15 voting members
Looks good: 15 of 15 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$545K
+32% vs prior year
Spent
$427K
To programs
94%
Net assets
$218K
By yearFY2020–FY2025
Revenue
$545K
FY2021▲ +32%
Tap a bar for its year
Revenue by fiscal year
FY2020$415K
FY2021$545K
FY2022$358K
FY2023$395K
FY2024$739K
FY2025$658K
Expenses
$427K
FY2021▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020$357K
FY2021$427K
FY2022$410K
FY2023$380K
FY2024$592K
FY2025$524K
Net assets
$218K
FY2021▲ +120%
Tap a bar for its year
Net assets by fiscal year
FY2020$99K
FY2021$218K
FY2022$210K
FY2023$225K
FY2024$372K
FY2025$507K

From the FY2021 Form 990 (year ending June 2021) · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1988.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $401K Management & general 6% · $24K Fundraising 0% · $2K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

15 people listed on the 990; $55K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
Executive Di
$55,000Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Treasu
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2021FY2020
Carolyn Krall$81,436$73,236$22,542——
Makayla Buchanan——$56,499$55,000$50,000
Heather Obermiller$55,124$52,500$23,197——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Empowering students and educators to strengthen schools and build community partnerships for student success.

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Provided by the organization

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3 programs · $401K · in their own filed words · FY2020
01

"tools 4 clay schools" program with the mission to "collecting, storing, and distributing school supplies and classroom materials to classrooms in need year-round."

$243Kprogram expense
02

Grants to Clay County, Florida District Schools

This competitive grant program that offers teachers and schools funding for innovative classroom ideas that engage students in stem and literacy.

$150Kprogram expense
03

"teacher & school-related employee of the year event" has the mission to "a celebration of excellence in teaching, teachers, and school-related employees of the year from clay county's more than 42 public schools

$8Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 4 funders →
Grants paid · 17 grants · $894K · 2019–2024
Clay County District School BoardFY2024$76,816
Unitemized GrantFY2024$1,133
Unitemized GrantFY2024$1,051
Clay County District School BoardFY2023$87,060
Unitemized GrantFY2023$31,804
Unitemized GrantFY2023$31,804
Unitemized GrantFY2023$9,572
Clay County District School BoardFY2022$79,793
Unitemized GrantFY2022$2,290
Unitemized GrantFY2022$2,000
Clay County District School BoardFY2021$200,180
Unitemized GrantFY2021$29,188
Donors ChooseNY · FY2021$25,000
Unitemized GrantFY2021$2,200
Clay County School DistrictFY2020$107,731
Clay County School DistrictFY2019$174,211
Clay County School DistrictFY2019$31,711

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$545K
Ln 12
Gifts and grantsLn 1h$544K
Other incomeLn 4–11$1K
Investment incomeLn 3$141
Money outPt IX
$427K
Ln 25
Programscol B$401K
Managementcol C$24K
Fundraisingcol D$2K
Owns and owesPt X
$218K
net assets · Ln 32
Cash and savingsLn 1–2$166K
Total assetsLn 16$218K
LiabilitiesLn 26$563
PeoplePt VI, VII
15
listed · VII A
PaidVII A1
Voting boardVI 1a15
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$544K
Government grantsLn 1e$198K
Noncash giftsLn 1g$257K
Fundraising eventsLn 1c$11K
Investment incomeLn 3$141
Other incomeLn 4–11$1K
Total revenueLn 12$545K
Assets in detailPt X, end of year
CashLn 1$22K
SavingsLn 2$144K
Cash and savings togetherLn 1–2$166K
InvestmentsLn 11–13$563
Land, buildings, equipmentLn 10c$49K
Total assetsLn 16$218K
LiabilitiesLn 26$563
Net assetsLn 32$218K
OperationsPt I, VI
EmployeesI 50
VolunteersI 642
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$99K$166K
InvestmentsLn 11–13$2K$563
Land, buildings, equipmentLn 10c$49K
Total assetsLn 16$100K$218K
LiabilitiesLn 26$2K$563
Net assetsLn 32$99K$218K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$309K$309K
Pay of current officers, directors and key staffLn 5$55K$55K
Accounting feesLn 11c$5K$5K
Other fees for servicesLn 11g$1K$1K
Advertising and promotionLn 12$2K$2K
Office expensesLn 13$2K$800$1K
Information technologyLn 14$227$227
Conferences, conventions and meetingsLn 19$687$687
Depreciation, depletion and amortizationLn 22$5K$5K
InsuranceLn 23$302$302
Other expenses (24a–d)Ln 24$46K$32K$13K$2K
All other expensesLn 24e$61$61
Total functional expensesLn 25$427K$401K$24K$2K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $658K$524K$135K$507K 990 PDF
FY2024 $739K$592K$147K$372K 990 PDF
FY2023 $395K$380K$16K$225K 990 PDF
FY2022 $358K$410K−$52K$210K 990 PDF
FY2021 Viewing $545K$427K$119K$218K 990 PDF
FY2020 $415K$357K$58K$99K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $545,475 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $411,597$544,208
I-9 Program service revenue$0
I-10 Investment incomePrior year $108$141
I-11 Other revenuePrior year $2,991$1,126
I-12 Total revenuePrior year $414,696$545,475
I-13 Grants and similar amounts paidPrior year $205,922$308,705
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $50,000$55,000
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $101,135$62,799
I-18 Total expensesPrior year $357,057$426,504
I-19 Revenue less expensesPrior year $57,639$118,971
Part VI · Governance 15 of 15 board members independent, no flags
VI-1a Voting members of the governing body15
VI-1b Independent voting members15
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $545,475 across 8 lines filed
VIII-1c Fundraising events$10,583
VIII-1e Government grants$197,942
VIII-1f All other contributions, gifts and grants$335,683
VIII-1g Noncash contributions (included above)$256,954
VIII-1h Total contributions, gifts and grants$544,208
VIII-3 Investment incomeExcluded from tax $141$141
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,126$1,126
VIII-12 Total revenueExcluded from tax $1,267$545,475
Part IX · Statement of functional expenses $426,504 across 12 lines filed
IX-1 Grants to domestic organizationsPrograms $308,705$308,705
IX-5 Pay of current officers, directors and key staffPrograms $55,000$55,000
IX-11c Accounting feesManagement $5,200$5,200
IX-11g Other fees for servicesManagement $1,066$1,066
IX-12 Advertising and promotionManagement $2,349$2,349
IX-13 Office expensesPrograms $800 · Management $1,097$1,897
IX-14 Information technologyManagement $227$227
IX-19 Conferences, conventions and meetingsManagement $687$687
IX-22 Depreciation, depletion and amortizationPrograms $4,992$4,992
IX-23 InsuranceManagement $302$302
IX-24 Other expenses (24a–d)Programs $31,779 · Management $12,693 · Fundraising $1,546$46,018
IX-24e All other expensesManagement $61$61
IX-25 Total functional expensesPrograms $401,276 · Management $23,682 · Fundraising $1,546$426,504
Part X · Balance sheet $218,368 assets, 11 lines filed
X-1 Cash, non-interest-bearingStart of year $28,060$21,733
X-2 Savings and temporary cash investmentsStart of year $70,774$144,014
X-4 Accounts receivable$2,600
X-10c Land, buildings and equipment, net$49,458
X-11 Publicly traded securitiesStart of year $1,563$563
X-16 Total assetsStart of year $100,397$218,368
X-25 Other liabilitiesStart of year $1,563$563
X-26 Total liabilitiesStart of year $1,563$563
X-27 Net assets without donor restrictionsStart of year $98,834$217,805
X-32 Total net assets or fund balancesStart of year $98,834$217,805
X-33 Total liabilities and net assetsStart of year $100,397$218,368
Part XI · Reconciliation of net assets $217,805 net assets at year end
XI-1 Total revenue$545,475
XI-2 Total expenses$426,504
XI-3 Revenue less expenses$118,971
XI-4 Net assets at start of year$98,834
XI-10 Net assets at end of year$217,805

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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