COMMITTEE FOR EXCELLENCE IN EDUCATION FAUQUIER EXCELLENCE IN EDUCATION FOUNDAT

EIN: 541433026 501(c)(3) Education

WARRENTON, VA

Total Revenue
$206,242
Total Expenses
$121,865
Total Assets
$180,591
Net Assets
$180,591
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
VA
Principal Officer
RON FERRELL
Phone
5403472266
Tax Period
2021-01-01 to 2021-12-31

COMMITTEE FOR EXCELLENCE IN EDUCATION FAUQUIER EXCELLENCE IN EDUCATION FOUNDAT, founded in 1984, is a small nonprofit in the Education sector that reported $206K in total revenue in fiscal year 2021. Revenue surged 171% from the prior year, signaling strong growth momentum. The organization ran a surplus of $84K, a strong 41% operating margin.

Mission

THE FOUNDATION'S MISSION IS TO CREATE, ENRICH AND EXPAND EDUCATIONAL OPPORTUNITIES FOR FAUQUIER COUNTY PUBLIC SCHOOLS. THEY FIND EQUITABLE PROGRAMS THAT ENHANCE STUDENT LEARNING EXPERIENCES AND CITZENSHIP. THEY CREATE AND FUND PROGRAMS THAT PREPARE AND ENGAGE STUDENTS WITH DIVERSE POPULATIONS, CULTURES AND TECHNOLOGIES. THEY PROVIDE ASSISTANCE TO TEACHERS AND ADMINISTRATORS ENABLING THEM TO PARTICIPATE IN CONFERENCES, SEMINARS, WORKSHOPS AND CULTURAL PROGRAMS TO FURTHER THEIR PROFESSIONAL DEVELOPMENT AND IMPACT THEIR CLASSROOMS. THEY ARE DEDICATED TO CREATING INNOVATIVE PROGRAMS AND CULTIVATING PARTNERSHIPS WITH LOCAL AND REGIONAL CORPORATIONS, FOUNDATIONS AND INDIVIDUAL DONORS TO BETTER SERVE OUR PUBLIC SCHOOLS.

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Trantor Score

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

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $177,691
Program Service Revenue $0
Investment Income $0
Other Revenue $28,551
TOTAL REVENUE $206,242

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $101,615
Other Expenses $121,865
TOTAL EXPENSES $121,865

Year-over-Year Comparison

2021 2020 Change
Revenue $206,242 $76,134 +1.7%
Expenses $121,865 $78,424 +0.6%
Net Income $84,377 $-2,290 -37.8%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
10
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
1
$16,667
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RON FERRELL CHAIRMAN 10.00
Director
$0 $0 $0
JUDI EVANS VICE-CHAIRMAN 3.00
Director
$0 $0 $0
JOAN ROACH SECRETARY-TREASURER 5.00
Director
$0 $0 $0
EILEEN BURGWYN DIRECTOR 2.00
Director
$0 $0 $0
PAT WOODWARD DIRECTOR 2.00
Director
$0 $0 $0
TIMOTHY SARGEANT DIRECTOR 1.00
Director
$0 $0 $0
DAVID SEWARD DIRECTOR 1.00
Director
$0 $0 $0
DR DAVID JECK NON-VOTING DIRECTOR 2.00
Director
$0 $0 $0
DUKE BLAND CHAIRMAN-SCHOOL BOARD NON VOTING DIRECTOR 1.00
Director
$0 $0 $0
CARYN LILLY DIRECTOR 1.00
Director
$0 $0 $0
JEANNE UNDERWOOD DIRECTOR 1.00
Director
$0 $0 $0
STACIE GRIFFIN EXECUTIVE DIRECTOR 25.00
Officer
$16,667 $0 $16,667
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 No data No data No data No data
2021 $206,242 $121,865 $180,591 $84,377
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