SURRY COUNTY SCHOOLS EDUCATIONAL FOUNDATION

EIN: 274780137 501(c)(3) Education

DOBSON, NC

Total Revenue
$159,622
Total Expenses
$131,993
Total Assets
$800,663
Net Assets
$800,663
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NC
Principal Officer
JOHN E PRIDDY
Phone
3363868211
Tax Period
2024-01-01 to 2024-12-31

SURRY COUNTY SCHOOLS EDUCATIONAL FOUNDATION, founded in 2011, is a small nonprofit in the Education sector that reported $160K in total revenue in fiscal year 2024. Revenue decreased 16% compared to the prior year. The organization ran a surplus of $28K, a strong 17% operating margin.

Mission

TO SUPPORT THE WORK OF SURRY COUNTY SCHOOLS AND TO HELP RAISE THE LEVEL OF EDUCATION IN SURRY COUNTY. MONIES RAISED BY THE FOUNDATION WILL PROVIDE EDUCATION SUPPLIES TO STUDENTS WITH DEMONSTRATED FINANCIAL NEED; AWARD GRANT MONIES TO TEACHERS WITH EXTRAORDINARY CLASSROOM PROJECTS; PROVIDE ADDITIONAL LEARNING OPPORTUNITIES SUCH AS ACADEMIC CAMPS, TECHNOLOGY, ETC.; PROVIDE PROFESSIONAL LEARNING OPPORTUNITIES FOR TEACHERS; PROMOTE EXCELLENCE IN ACADEMIC LEADERSHIP; AND FACILITATE SCHOLARSHIP OPPORTUNITIES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $78,027
Program Service Revenue $0
Investment Income $33,053
Other Revenue $48,542
TOTAL REVENUE $159,622

Expense Breakdown

Grants Paid $95,770
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $130,493
Other Expenses $36,223
TOTAL EXPENSES $131,993

Year-over-Year Comparison

2024 2023 Change
Revenue $159,622 $190,863 -0.2%
Expenses $131,993 $106,762 +0.2%
Net Income $27,629 $84,101 -0.7%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
12
Independent Members
12
Employees
N/A
Volunteers
80

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GRAHAM ATKINSON BOARD MEMBER N/A
Director
$0 $0 $0
EDDIE BROWN BOARD MEMBER N/A
Director
$0 $0 $0
FRED JOHNSON BOARD MEMBER N/A
Director
$0 $0 $0
D BRENT MCKINNEY BOARD MEMBER N/A
Director
$0 $0 $0
JOHN PHILIPS BOARD MEMBER N/A
Director
$0 $0 $0
DR TRAVIS L REEVES BOARD MEMBER N/A
Director
$0 $0 $0
DR L DEAN SIMMONS BOARD MEMBER N/A
Director
$0 $0 $0
WILLIAM SWIFT BOARD MEMBER N/A
Director
$0 $0 $0
NANCY WRIGHT BOARD MEMBER N/A
Director
$0 $0 $0
GARY T YORK BOARD MEMBER N/A
Director
$0 $0 $0
JOHN E PRIDDY BOARD CHAIRP N/A
Officer
$0 $0 $0
SUE W STONE BOARD MEMBER N/A
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $159,622 $131,993 $800,663 $27,629
2023 $190,863 $106,762 $773,034 $84,101
2022 $177,338 $113,141 $688,933 $64,197
2021 $118,363 $60,338 $624,736 $58,025
2020 $98,350 $80,691 $566,711 $17,659
2019 $113,871 $104,620 $549,052 $9,251
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