EXCELLENCE IN EDUCATION FOUNDATION FOR PGCPS INC

EIN: 453976683 501(c)(3) Education

UPPER MARLBORO, MD

Total Revenue
$504,678
Total Expenses
$474,403
Total Assets
$543,873
Net Assets
$540,873
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
MD
Principal Officer
STEVE PROCTOR
Phone
3019526225
Tax Period
2023-07-01 to 2024-06-30

EXCELLENCE IN EDUCATION FOUNDATION FOR PGCPS INC, founded in 2011, is a small nonprofit in the Education sector that reported $505K in total revenue in fiscal year 2023. Revenue fell 40% from the prior year — a significant decline worth monitoring. Expenses of $474K left a modest 6% surplus.

Mission

THE EXCELLENCE IN EDUCATION FOUNDATION FOR PGCPS, INC., IS A NONPROFITORGANIZATION THAT SEEKS TO SOLICIT, RECEIVE AND MANAGE CONTRIBUTIONS. (CONTINUED ON SCHEDULE O)THE PRIMARY PURPOSE OF THE FOUNDATION IS TO PROMOTE AND ENHANCE THE QUALITY OF THE PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS. THE FOUNDATION SEEKS THE FINANCIAL SUPPORT, BUSINESS EXPERIENCE AND EXPERTISE OF THE PRIVATE SECTOR TO IMPROVE STUDENT LEARNING AND TO ENSURE THAT PGCPSSTUDENTS ARE EQUIPPED WITH THE REQUISITE KNOWLEDGE, SKILLS AND RESOURCES TO COMPETE ON A GLOBAL PLAYING FIELD OF HIGHER EDUCATION AND THE WORLD OF WORK.

Program Service Accomplishments

Program 1
Expenses: $335,500 Revenue: $0

PROVIDE SCHOLARSHIPS TO RECOGNIZE THE EXCELLENCE OF STUDENT PERFORMANCE, LEADERSHIP AND COMMUNITY SERVICE. DURING FY2023-24, A TOTAL OF 66 SCHOLARSHIPS WERE AWARDED TO HIGH SCHOOL SENIORS.

Program 2
Expenses: $77,200 Revenue: $0

THE EXCELLENCE IN EDUCATION FOUNDATION SUPPORTED THE PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS BACK TO SCHOOL FAIR IN PROVIDING THE STUDENTS OF PGCPS WITH BACKPACKS FOR STUDENTS.

Program 3
Expenses: $10,000 Revenue: $0

THE FOUNDATION FROM TIME TO TIME PROVIDES PGCPS WITH FUNDING TO SUPPORT HOT MEALS FOR STUDENTS OR TO CLEAR DELINQUENT MEAL ACCOUNTS AT VARIOUS SCHOOLS ACROSS THE COUNTY. THIS PROVIDES MUCH NEEDED...

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THE FOUNDATION FROM TIME TO TIME PROVIDES PGCPS WITH FUNDING TO SUPPORT HOT MEALS FOR STUDENTS OR TO CLEAR DELINQUENT MEAL ACCOUNTS AT VARIOUS SCHOOLS ACROSS THE COUNTY. THIS PROVIDES MUCH NEEDED RESOURCES FOR SCHOOLS PROVIDING MEALS TO STUDENTS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $591,775
Program Service Revenue $0
Investment Income $0
Other Revenue $-87,097
TOTAL REVENUE $504,678

Expense Breakdown

Grants Paid $422,700
Salaries & Benefits $0
Fundraising Expenses $15,022
Program Expenses $422,700
Other Expenses $51,703
TOTAL EXPENSES $474,403

Year-over-Year Comparison

2023 2022 Change
Revenue $504,678 $835,601 -0.4%
Expenses $474,403 $369,763 +0.3%
Net Income $30,275 $465,838 -0.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
9
Independent Members
9
Employees
N/A
Volunteers
15

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
4
$173,875
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
GREGORY STEVE PROCTOR CHAIR 1.00
Officer Director
$0 $0 $0
DARRELL LANIER VICE CHAIR 0.20
Officer Director
$0 $0 $0
ESTELLE FERGUSON ASSISTANT TREASURER 15.00
Officer Director
$0 $0 $0
STEVE KENSINGER BOARD MEMBER 0.20
Director
$0 $0 $0
GARY MICHAEL BOARD MEMBER 0.20
Director
$0 $0 $0
BEATICE TIGNOR BOARD MEMBER 0.20
Director
$0 $0 $0
JUSTIN ROSS BOARD MEMBER 0.20
Director
$0 $0 $0
GRACELYN MCDERMOTT BOARD MEMBER 0.20
Director
$0 $0 $0
LANDIS RUSH BOARD MEMBER 0.20
Director
$0 $0 $0
THEA WILSON FOUNDATION RELATIONS OFFICER 40.00
Officer
$0 $31,405 $173,875
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
2025 No data No data No data No data
2024 $504,678 $474,403 $543,873 $30,275
2023 $835,601 $369,763 $543,000 $465,838
2022 $248,833 $370,758 $44,760 $-121,925
2021 $373,044 $492,943 $166,685 $-119,899
2020 $530,781 $482,628 $286,584 $48,153
2019 $327,094 $335,694 $243,431 $-8,600
2018 $197,266 $320,662 $257,031 $-123,396
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