BOYLE COUNTY EDUCATION FUND INC General Information Contact Information Nonprofit BOYLE COUNTY EDUCATION FUND INC Address 352 N DANVILLE Bypass DANVILLE, KY 40422 2800 Phone (859) 236-6634 Fax 859 2368624 Email bc.endowment@boyle.kyschools.us Contact Name Sandy Jupin Web and Social Media Website Facebook Twitter Website Facebook Twitter At A Glance IRS Ruling Year 2007 Other ways to donate, support, or volunteer In-kind donationselectronic Donations 1
Statements & Search Criteria Statements Mission Statement Established in January 2007, the primary purpose of the Corporation is the development of alternative sources of income to support the programs and activities of the Boyle County Board of Education, to become a vehicle for a partnership between the community and the Board of Education, and for all other lawful purposes of a nonstock, non-profit corporation pursuant to KRS Chapter 273. Background Statement Established in January 2007, the primary purpose of the Corporation is the development of alternative sources of income to support the programs and activities of the Boyle County Board of Education, to become a vehicle for a partnership between the community and the Board of Education, and for all other lawful purposes of a non-stock, non-profit corporation pursuant to KRS Chapter 273. Impact Statement Enhanced the opportunities for students in the areas of arts and humanities. Our Good Giving program aims toprovide a broad range of extracurricular activities without placing a financialburden on our students and their families. Funded activities enrich theexperience of our students through educational, athletic, and socialopportunities helping them to create a meaningful high school career. Needs Statement Donations to help with arts and humanities programs. Boyle County is a DistinguishedDistrict that is always striving to improve and expand the opportunitiesavailable to our students. Our faculty and staff are highly qualified andencourage students to succeed and reach their goals. Service Categories Primary Organization Category Education / Elementary & Secondary Schools Secondary Organization Category Arts,Culture & Humanities / Geographic Areas Served Areas Kentucky Serves the students of the Boyle County School District, Danville, KY 40422 2
Impact Impact Goals To give the students of Boyle County Schools the best possible experience in education. In addition to providing mini grants for the arts we have funded STEM grants and provided preschool scholarships for those in need.we funded the startup of the Archery program which now has some 60 students participating at both the Middle School and High School levels.in terms of capital projects, we have assisted in funding for the truf for the performance field and for the construction of greenhouse. 3
Programs Programs Boyle County Education Fund, Inc. Description To support the programs and activities of the Boyle County Board of Education. Population Served,, Program Comments CEO Comments Please refer to the impact statement.thanks. 4
Leadership & Staff CEO/Executive Director Executive Director Morton Hoagland Term Start Jan 2017 Staff Full Time Staff 0 Part Time Staff 0 Volunteers 9 Contractors 0 Retention Rate 0% Staff Demographics - Ethnicity African American/Black 0 Asian American/Pacific Islander 0 Caucasian 0 Hispanic/Latino 0 Native American/American Indian 0 Other 0 0 Staff Demographics - Gender Male 0 Female 0 Unspecified 0 State Information 5
Plans & Collaborations Plans & Policies Organization has a Fundraising Plan? Organization has a Strategic Plan? Management Succession Plan? Organization Policy and Procedures Nondiscrimination Policy Whistleblower Policy Document Destruction Policy Under Development No No 6
Board & Governance Board Chair Board Chair Morton M Hoagland Company Affiliation Retired Term Jan 2017 to Dec 2017 Email mmhoagland@yahoo.com Board Members Name Affiliation Status Emajo Carlton Retired Voting Jonathan Clark Doctor Voting Walter Goggin Accountant Voting Morton Hoagland Retired Voting Alane Mills Retired Voting Jennifer Newby Emma Jean Tamme Boyle County Board of Education Board Member Boyle County School District Alumni Voting Voting Susan Taylor Boyle Schools Technology Voting Kristi Waters Retired educator Voting Board Demographics - Ethnicity African American/Black 0 Asian American/Pacific Islander 0 Caucasian 9 Hispanic/Latino 0 Native American/American Indian 0 Other 0 0 Board Demographics - Gender Male 3 Female 6 Unspecified 0 Governance Board Term Lengths 1 Board Term Limits 0 Board Meeting Attendance % 72% Written Board Selection Criteria? 7
Written Conflict of Interest Policy? Percentage Making Monetary Contributions 100% Percentage Making In-Kind Contributions 33% Number of Full Board Meetings Annually 4 Board Co-Chair Board CoChair Emma Jean Tamme Term Jan 2016 to Dec 2016 Standing Committees Executive Comments CEO Comments The board established an executive committee to enhance a more flexible and efficient administrative process. 8
Financials Fiscal Year Fiscal Year Start Jan 01, 2017 Fiscal Year End Dec 31, 2017 Projected Revenue $27,000.00 Projected Expenses $29,000.00 Endowment Value $0.00 Spending Policy N/A Percentage 0% Detailed Financials Revenue and Expenses Total Revenue $21,113 $22,511 $28,960 Total Expenses $20,821 $35,746 $28,662 Revenue Sources Foundation and Corporation -- -- -- Contributions Government Contributions $0 $0 $0 Federal -- -- -- State -- -- -- Local -- -- -- Unspecified $0 -- -- Individual Contributions $20,821 $20,372 $28,886 Indirect Public Support $0 -- -- Earned Revenue $0 -- -- Investment Income, Net of Losses $292 $139 $74 Membership Dues $0 -- -- Special Events $0 -- -- Revenue In-Kind $0 -- -- Other $0 -- -- 9
Expense Allocation Program Expense $12,169 $25,795 $21,468 Administration Expense $15 $34 $486 Fundraising Expense $0 $9,917 $6,708 Payments to Affiliates -- -- -- Total Revenue/Total Expenses 1.01 0.63 1.01 Program Expense/Total Expenses 58% 72% 75% Fundraising Expense/Contributed Revenue 0% 49% 23% Assets and Liabilities Total Assets $44,377 $35,448 $48,683 Current Assets $44,377 $35,448 $48,683 Long-Term Liabilities $0 -- -- Current Liabilities $0 -- -- Total Net Assets $44,377 $35,448 $48,683 Short Term Solvency Current Ratio: Current Assets/Current Liabilities -- -- -- Long Term Solvency Long-Term Liabilities/Total Assets 0% 0% 0% Top Funding Sources Top Funding Source & Dollar Amount -- -- -- Second Highest Funding Source & Dollar -- -- -- Amount Third Highest Funding Source & Dollar Amount -- -- -- Capital Campaign Currently in a Capital Campaign? No Goal $0.00 Capital Campaign Anticipated in Next 5 Years? State Registration State Registration Comments CEO Comments Fundraising is an ongoing challenge.opportunities are many. We currently are paying preschool scholarships for those in need where possible. In addition,we are providing mini grants requested by teachers to enhance engagement of more students into school activities. Foundation Staff Comments Expense breakdowns for 2014 were provided by the organization rather than the 990. 10
Documents Form 990s Form 990 BOYLE COUNTY 990 Form 990 990 2014 990 2014 990 2013 990 2013 990 2012 990 2011 990 2010 Form 990 Form 990 Created 02.22.2019. Copyright 2019 Blue Grass Community Foundation 11