CLARKE COUNTY EDUCATION FOUNDATION INC

EIN: 541606545 501(c)(3) Education

BERRYVILLE, VA

Total Revenue
$360,645
Total Expenses
$218,274
Total Assets
$2,460,993
Net Assets
$2,426,942
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
VA
Phone
5409556103
Tax Period
2024-07-01 to 2025-06-30

CLARKE COUNTY EDUCATION FOUNDATION INC, founded in 1991, is a small nonprofit in the Education sector that reported $114K in total revenue in fiscal year 2017. Revenue grew 13% year-over-year, indicating healthy expansion. Net assets of $1.6M represent 169 months of operating reserves.

Mission

The Clarke County Education Foundation is an independent public charity dedicated to promoting, expanding, and augmenting the educational opportunities for students and staff in the Clarke County Public Schools, by generating private support and involvement to enhance these publicly maintained services.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $194,546
Program Service Revenue $0
Investment Income $88,471
Other Revenue $77,628
TOTAL REVENUE $360,645

Expense Breakdown

Grants Paid $112,477
Salaries & Benefits $68,823
Fundraising Expenses $14,357
Program Expenses $166,071
Other Expenses $36,974
TOTAL EXPENSES $218,274

Year-over-Year Comparison

2024 2023 Change
Revenue $360,645 $397,863 -0.1%
Expenses $218,274 $161,018 +0.4%
Net Income $142,371 $236,845 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
15
Independent Members
15
Employees
1
Volunteers
50

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
6
$51,338
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BETH WILLIAMS Executive Dir. 40.00
Officer
$51,338 $0 $51,338
KATHY HUDSON Co-Secretary 1.00
Officer Director
$0 $0 $0
TURNER KOBAYASHI Vice President 2.00
Officer Director
$0 $0 $0
JOSH DULANEY Co-Secretary 2.00
Officer Director
$0 $0 $0
IAN LOBO Treasurer 2.00
Officer Director
$0 $0 $0
WES SCHOEB Director 1.00
Director
$0 $0 $0
JON ERICKSON President 2.00
Officer Director
$0 $0 $0
DR CAMRYNN FAUSEY Director 1.00
Director
$0 $0 $0
CATHY RUSZCZYK Director 1.00
Director
$0 $0 $0
STACEY ELLIS Director 1.00
Director
$0 $0 $0
SARAH LOBO Director 1.00
Director
$0 $0 $0
KARI REED Director 1.00
Director
$0 $0 $0
BECKY SUMPTION Director 1.00
Director
$0 $0 $0
Stephanie Liggett Director 1.00
Director
$0 $0 $0
Chris Liggett Director 1.00
Director
$0 $0 $0
RYAN GILPIN Director 1.00
Director
$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
2025 $360,645 $218,274 $2,460,993 $142,371
2024 $397,863 $161,018 $2,167,733 $236,845
2023 $258,540 $190,468 $2,003,830 $68,072
2022 $220,529 $198,265 $1,890,373 $22,264
2021 $218,177 $203,555 $2,135,812 $14,622
2020 $187,830 $146,774 $1,812,056 $41,056
2019 $197,892 $129,641 $1,754,486 $68,251
2018 $113,676 $122,291 $1,618,345 $-8,615
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