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Education : Education Policy and Reform

Pinellas Education Foundation

Providing enhanced educational opportunities for students and educators in Pinellas County Schools

four stars

93.39

12090 Starkey Road Largo, FL 33773
tel: (727) 588-4816   Web Site
EIN: 59-2688253

Board Leadership
Greg Regoli
Chair

CEO
Stacy Carlson
President

  Score
(out of 100)
Rating
Overall Score & Rating 93.39 four stars
  Financial 93.81 four stars
  Accountability & Transparency 93.00 four stars
This rating was published 08/01/2018 and includes data from FY2017, the most recent 990 received at that time.

Founded in 1986, the Pinellas Education Foundation has raised more than $95 million to support the students and teachers of Pinellas County Schools. The Pinellas Education Foundation is passionately committed to providing all students with the opportunity to be successful. It is our belief that we must have a superior educational system to ensure that our school children remain competitive in an increasingly global marketplace. The Foundation is a coalition of business and community leaders who work together to improve the quality of public education. They do this by advocating for public education reform, creating programs to improve student and teacher performance, and raising funds for scholarships, grants and teacher recognition.

Founded in 1986, the Pinellas Education Foundation has raised more than $95 million to support the students and teachers of Pinellas County Schools. The Pinellas Education Foundation is passionately committed to providing all students with the opportunity to be successful. It is our belief that we must have a superior educational system to ensure that our school children remain competitive in an increasingly global marketplace. The Foundation is a coalition of business and community leaders who work together to improve the quality of public education. They do this by advocating for public education reform, creating programs to improve student and teacher performance, and raising funds for scholarships, grants and teacher recognition.

Impact Information

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Financial

four stars

93.81

Accountability & Transparency

four stars

93.00

This rating was published 08/01/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
89.9%
  Administrative Expenses 6.6%
  Fundraising Expenses 3.4%
  Fundraising Efficiency $0.03
  Working Capital Ratio (years) 4.52
  Program Expenses Growth 2.8%
  Liabilities to Assets 1.0%
All data for Financial Performance Metrics calculations was provided by Pinellas Education Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Pinellas Education Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Pinellas Education Foundation (FL) 93.39 four stars
Education Foundation of Palm Beach County (FL) 92.92 four stars
Illinois Network of Charter Schools (IL) 90.60 four stars
Stand for Children Leadership Center (OR) 90.22 four stars
Houston A+ Challenge (TX) 90.95 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $4,807,537
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $65,670
   Related Organizations $0
   Government Grants $699,353
Total Contributions $5,572,560
   Program Service Revenue $85,113
Total Primary Revenue $5,657,673
   Other Revenue $726,133
TOTAL REVENUE $6,383,806
   
EXPENSES  
   Program Expenses $6,056,768
   Administrative Expenses $409,642
   Fundraising Expenses $224,087
TOTAL FUNCTIONAL EXPENSES $6,690,497
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-306,691
   
Net Assets $33,001,772

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Take Stock In Children $1,854,331 30.6%
Grant Awards $1,555,508 25.7%
Student Scholarships $793,974 13.1%
Future Plans USA $584,888 9.7%
Stavros Institute $495,979 8.2%
Community Relations and Events $432,838 7.1%
School-Based Projects $219,621 3.6%
District-Wide Initiatives $119,629 2.0%

Ratings History
Pinellas Education Foundation has received 4 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-06 08/01/2018 93.39 four stars
2016-06 10/01/2017 96.25 four stars
2015-06 07/01/2016 94.49 four stars
2014-06 06/01/2016 95.08 four stars
 
CN 2.0
2014-06 04/01/2015 94.61 four stars
2013-06 12/01/2014 85.29 three stars
2013-06 11/01/2014 85.14 three stars
2012-06 07/01/2013 94.29 four stars
2011-06 05/01/2012 96.59 four stars
2010-06 04/01/2012 98.18 four stars
2010-06 09/20/2011 92.01 four stars
 
CN 1.0
2010-06 07/01/2011 91.17 four stars
2009-06 07/01/2010 99.15 four stars
2008-06 07/01/2009 98.53 four stars
2007-06 06/01/2008 97.81 four stars
2006-06 02/01/2007 93.58 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 59-2688253
Name in IRS Master File PINELLAS COUNTY EDUCATION FOUNDATION INC
NTEE Code B12
NTEE Classification Fund Raising and/or Fund Distribution
NTEE Type Educational Institutions and Related Activities
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date October, 1986
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End June
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • June, 2017
  • June, 2016
  • June, 2015
  • June, 2014
  • June, 2013

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
Not compensated -- Stacy Carlson President
Other Salaries of Note
$170,846 2.55% Terry A. Boehm Former President

Highly Rated

Charity Name & State Overall Score Overall Rating
Pinellas Education Foundation (FL) 93.39 four stars
ConnCAN (CT) 88.21 three stars
New Teacher Center (CA) 89.48 three stars
Advance Illinois (IL) 88.24 three stars
The Parent-Child Home Program (NY) 97.17 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Pinellas Education Foundation
12090 Starkey Road
Largo, FL 33773
tel: (727) 588-4816
EIN: 59-2688253

Visit Web Site

Board Leadership

Greg Regoli
Chair

CEO

Stacy Carlson
President

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