Education Foundation Of Indian River County Inc

Vero Beach, FL
Tax-exempt since May 1992
EIN: 59-3118402

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Elementary, Secondary Education, K - 12 (NTEE)

Donations to this organization are tax deductible.

Revenue

$438k (2023)

Expenses

$699k (2023)

Total Assets

$359k (2023)

Total Liabilities

$73.6k (2023)

Source: Form 990 tax filings from 2012 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2023

Revenue

$438,310

Expenses

$699,070

Net Income

-$260,760

Net Assets

$284,972

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$432,660	98.7%
Program Services	$0
Investment Income	$1,999	0.5%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$3,391	0.8%
Sales of Assets	$260	0.1%
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$146,914	21.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$37,070	5.3%

Assets/Debt
Total Assets	$358,576
Total Liabilities	$73,604
Net Assets	$284,972

Compensation

Key Employees and Officers	Compensation	Related	Other
Douglas Herron (Executive Director)	$81,462	$0	$0
Heidi Leone (Executive Director)	$48,125	$0	$0
Laica Gerwien Moreta (President And Chair)	$0	$0	$0
Chris Bieber (Treasurer)	$0	$0	$0
Logan Geeslin (Secretary)	$0	$0	$0
Jim Elford (Director)	$0	$0	$0
Cindy Emerson (Director)	$0	$0	$0
Kenny Holmes (Director)	$0	$0	$0
Helen Millman (Director)	$0	$0	$0
Lee Moore (Director)	$0	$0	$0
Eric Seymour (Director)	$0	$0	$0
Khahilia Shaw (Director)	$0	$0	$0

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990

Filed on May 15, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending June
2022

Revenue

$366,308

Expenses

$494,097

Net Income

-$127,789

Net Assets

$551,610

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$359,350	98.1%
Program Services	$0
Investment Income	$4,494	1.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$2,464	0.7%
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$74,786	15.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$14,660	3.0%

Assets/Debt
Total Assets	$790,776
Total Liabilities	$239,166
Net Assets	$551,610

Compensation

Key Employees and Officers	Compensation	Related	Other
Douglas Herron (Executive Director)	$72,917	$0	$0
Laica Gerwien Moreta (President And Chair)	$0	$0	$0
William Douglas (Past President And Chair)	$0	$0	$0
Jim Elford (Vice Chair)	$0	$0	$0
Bob Auwaerter (Treasurer)	$0	$0	$0
James Mcguigan (Past Treasurer)	$0	$0	$0
Lee Moore (Secretary)	$0	$0	$0
Tracy Carroll (Director)	$0	$0	$0
Cindy Emerson (Director)	$0	$0	$0
Dwight Brian Holmes (Director)	$0	$0	$0
Kenny Holmes (Director)	$0	$0	$0
Ben Keal (Director)	$0	$0	$0
Helen Millman (Director)	$0	$0	$0
Kathleen Pogany (Director)	$0	$0	$0
Eric Seymour (Director)	$0	$0	$0

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990

Filed on Feb. 16, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending June
2021

Revenue

$493,978

Expenses

$549,032

Net Income

-$55,054

Net Assets

$748,677

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$462,402	93.6%
Program Services	$0
Investment Income	$6,333	1.3%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$1,243	0.3%
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$24,000	4.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$73,302	13.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$14,160	2.6%

Assets/Debt
Total Assets	$876,184
Total Liabilities	$127,507
Net Assets	$748,677

Compensation

Key Employees and Officers	Compensation	Related	Other
Douglas Herron (Executive Director)	$58,333	$0	$0
William Douglas (President)	$0	$0	$0
James Mcguigan (Treasurer)	$0	$0	$0
Marion Manchester (Secretary)	$0	$0	$0
Laica Gerwien Moreta (Director)	$0	$0	$0
Jim Elford (Director)	$0	$0	$0
Lee Moore (Director)	$0	$0	$0
Kathleen Pogany (Director)	$0	$0	$0
Helen Millman (Director)	$0	$0	$0

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990

Filed on March 23, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending June
2020

Revenue

$865,047

Expenses

$404,691

Net Income

$460,356

Net Assets

$702,098

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$852,144	98.5%
Program Services	$0
Investment Income	$3,284	0.4%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$9,619	1.1%
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$63,559	15.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$22,666	5.6%

Assets/Debt
Total Assets	$728,266
Total Liabilities	$26,168
Net Assets	$702,098

Compensation

Key Employees and Officers	Compensation	Related	Other
Cynthia Falardeau (Executive Director)	$63,611	$0	$765
William Douglas (President)	$0	$0	$0
Pat Blackburn (Past President)	$0	$0	$0
James Mcguigan (Treasurer)	$0	$0	$0
Margot Kornicks (Secretary)	$0	$0	$0
Marion Manchester (Director)	$0	$0	$0
Laica Gerwien Moreta (Director)	$0	$0	$0
Jim Elford (Director)	$0	$0	$0
Lee Moore (Director)	$0	$0	$0
Cathy Filusch (Past President)	$0	$0	$0
Wanda Lincoln (Past Vice Chair)	$0	$0	$0
Douglas Herron (Executive Director)	$0	$0	$0

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990

Filed on May 17, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending June
2019

Revenue

$552,374

Expenses

$559,503

Net Income

-$7,129

Net Assets

$228,396

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$530,265	96.0%
Program Services	$0
Investment Income	$978	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$21,131	3.8%
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$78,795	14.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$48,428	8.7%

Assets/Debt
Total Assets	$340,464
Total Liabilities	$112,068
Net Assets	$228,396

Compensation

Key Employees and Officers	Compensation	Related	Other
Cynthia Falardeau (Executive Director)	$76,500	$0	$2,295
Cathy Filusch (President)	$0	$0	$0
Wanda Lincoln (Vice Chair)	$0	$0	$0
Brian J Elwell (Treasurer)	$0	$0	$0
Margot Kornicks (Secretary)	$0	$0	$0
Patricia Blackburn (Director)	$0	$0	$0
Cindi Dixon (Director)	$0	$0	$0
Bill Douglass (Director)	$0	$0	$0
Marion Manchester (Director)	$0	$0	$0
Jim Mcguigan (Director)	$0	$0	$0

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990

Filed on March 30, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending June
2018

Revenue

$638,606

Expenses

$554,098

Net Income

$84,508

Net Assets

$233,106

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$590,365	92.4%
Program Services	$0
Investment Income	$34	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$48,207	7.5%
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$75,097	13.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$40,544	7.3%

Assets/Debt
Total Assets	$332,995
Total Liabilities	$99,889
Net Assets	$233,106

Compensation

Key Employees and Officers	Compensation	Related	Other
Cynthia Falardeau (Executive Director)	$70,000	$0	$2,100
Cathy Filusch (President)	$0	$0	$0
Wanda Lincoln (Vice Chair)	$0	$0	$0
Brian J Elwell (Treasurer)	$0	$0	$0
Margot Kornicks (Secretary)	$0	$0	$0
Chris Bieber (Director)	$0	$0	$0
Cindi Dixon (Director)	$0	$0	$0
Bill Douglass (Director)	$0	$0	$0
Marion Manchester (Director)	$0	$0	$0
Jim Mcguigan (Director)	$0	$0	$0
Ardith Williams (Director)	$0	$0	$0

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990

Filed on Nov. 13, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending June
2017

Revenue

$618,082

Expenses

$568,454

Net Income

$49,628

Net Assets

$148,598

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$581,965	94.2%
Program Services	$0
Investment Income	$16	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$36,101	5.8%
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$72,100	12.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$39,475	6.9%

Assets/Debt
Total Assets	$212,365
Total Liabilities	$63,767
Net Assets	$148,598

Compensation

Key Employees and Officers	Compensation	Related	Other
Cynthia Falardeau (Executive Director)	$70,000	$0	$2,100
Cathy Filusch (President)	$0	$0	$0
Gail Kenney (Past President)	$0	$0	$0
Wanda Lincoln (Vice Chair)	$0	$0	$0
Brian J Elwell (Treasurer)	$0	$0	$0
Jennifer Watson (Secretary)	$0	$0	$0
Chris Bieber (Director)	$0	$0	$0
Cindi Dixon (Director)	$0	$0	$0
Margot Kornicks (Director)	$0	$0	$0
Jim Mcguigan (Director)	$0	$0	$0
Patricia Stowe (Director)	$0	$0	$0
J Mack Singleton (Director)	$0	$0	$0
Ardith Williams (Director)	$0	$0	$0

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990

Filed on Feb. 12, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending June
2016

Revenue

$548,956

Expenses

$538,151

Net Income

$10,805

Net Assets

$98,970

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$484,196	88.2%
Program Services	$0
Investment Income	$39	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$64,721	11.8%
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$71,065	13.2%
Professional Fundraising Fees	$0
Other Salaries and Wages	$38,535	7.2%

Assets/Debt
Total Assets	$137,356
Total Liabilities	$38,386
Net Assets	$98,970

Compensation

Key Employees and Officers	Compensation	Related	Other
Cynthia Falardeau (Executive Director)	$68,000	$0	$2,040
Gail Kinney (President)	$0	$0	$0
Patrice Stowe (Past President)	$0	$0	$0
Cathy Filusch (President Elect)	$0	$0	$0
Brian J Elwell (Treasurer)	$0	$0	$0
Jennifer Watson (Secretary)	$0	$0	$0
Chris Bieber (Director)	$0	$0	$0
Cindi Dixon (Director)	$0	$0	$0
Karen Fox (Director)	$0	$0	$0
Wanda W Lincoln (Director)	$0	$0	$0
J Mack Singleton (Director)	$0	$0	$0
Ardith Williams (Director)	$0	$0	$0

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990

Filed on Oct. 13, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending June
2015

Revenue

$483,320

Expenses

$477,129

Net Income

$6,191

Net Assets

$88,165

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$387,081	80.1%
Program Services	$0
Investment Income	$14	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$96,225	19.9%
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$68,431	14.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$37,047	7.8%

Assets/Debt
Total Assets	$90,459
Total Liabilities	$2,294
Net Assets	$88,165

Compensation

Key Employees and Officers	Compensation	Related	Other
Cynthia Falardeau (Executive Director)	$64,890	$0	$1,942
Gail Kinney (President)	$0	$0	$0
Patrice Stowe (Past President)	$0	$0	$0
Joanne Qualie (President Elect)	$0	$0	$0
Brian J Elwell (Treasurer)	$0	$0	$0
Jennifer Watson (Secretary)	$0	$0	$0
Chris Bieber (Director)	$0	$0	$0
Greg Brown (Director)	$0	$0	$0
Cathy Filusch (Director)	$0	$0	$0
Carol Fischman (Director)	$0	$0	$0
Wanda W Lincoln (Director)	$0	$0	$0
Jose Prieto (Director)	$0	$0	$0
J Mack Singleton (Director)	$0	$0	$0
Ardith Williams (Director)	$0	$0	$0

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990

Filed on Sept. 28, 2015

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending June
2014

Revenue

$364,820

Expenses

$381,751

Net Income

-$16,931

Net Assets

$81,974

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$275,892	75.6%
Program Services	$0
Investment Income	$14	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$88,914	24.4%
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$63,945	16.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$37,221	9.8%

Assets/Debt
Total Assets	$116,981
Total Liabilities	$35,007
Net Assets	$81,974

Compensation

Key Employees and Officers	Compensation	Related	Other
Cynthia Falardeau (Executive Director)	$65,500	$0	$2,998
Patrice Stowe (President)	$0	$0	$0
Pat Donovan (Past President)	$0	$0	$0
Gail Kinney (President Elect)	$0	$0	$0
Brian J Elwell (Treasurer)	$0	$0	$0
Jennifer Watson (Secretary)	$0	$0	$0
Johnny C Benjamin Md (Director)	$0	$0	$0
Debbie Biedenharn (Director)	$0	$0	$0
Greg Brown (Director)	$0	$0	$0
Wanda W Lincoln (Director)	$0	$0	$0
Jose Prieto (Director)	$0	$0	$0
Joanne Quaile (Director)	$0	$0	$0
Duane Ratliff (Director)	$0	$0	$0
Helen Shafer (Director)	$0	$0	$0
J Mack Singleton (Director)	$0	$0	$0
Darren Sylvia (Director)	$0	$0	$0
Ardith Williams (Director)	$0	$0	$0

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990

Filed on Nov. 13, 2014

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Fiscal Year Ending June
2013

Revenue

$378,611

Expenses

$391,935

Net Income

-$13,324

Net Assets

$98,905

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$244,224	64.5%
Program Services	$0
Investment Income	$43	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$134,344	35.5%
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$64,750	16.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$35,172	9.0%

Assets/Debt
Total Assets	$127,107
Total Liabilities	$28,202
Net Assets	$98,905

990

Filed on Jan. 15, 2014

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending June
2012

Revenue

$440,945

Expenses

$480,231

Net Income

-$39,286

Net Assets

$112,229

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$401,608	91.1%
Program Services	$0
Investment Income	$137	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$39,200	8.9%
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$62,088	12.9%
Professional Fundraising Fees	$0
Other Salaries and Wages	$33,928	7.1%

Assets/Debt
Total Assets	$139,787
Total Liabilities	$27,558
Net Assets	$112,229

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

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Education Foundation Of Indian River County Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $438k (2023)

Expenses $699k (2023)

Total Assets $359k (2023)

Total Liabilities $73.6k (2023)

Tax Filings by Year

Fiscal Year Ending June 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

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Fiscal Year Ending June 2022

Extracted Financial Data

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Compensation

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Fiscal Year Ending June 2021

Extracted Financial Data

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Compensation

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Fiscal Year Ending June 2020

Extracted Financial Data

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Compensation

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Fiscal Year Ending June 2019

Extracted Financial Data

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Compensation

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Fiscal Year Ending June 2018

Extracted Financial Data

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Compensation

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Fiscal Year Ending June 2017

Extracted Financial Data

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Compensation

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Fiscal Year Ending June 2016

Extracted Financial Data

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Compensation

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Fiscal Year Ending June 2015

Extracted Financial Data

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Compensation

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Fiscal Year Ending June 2014

Extracted Financial Data

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Compensation

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Fiscal Year Ending June 2013

Extracted Financial Data

Extracted Financial Data from Form 990

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990

Fiscal Year Ending June 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending June 2011

Revenue

$438k (2023)

Expenses

$699k (2023)

Total Assets

$359k (2023)

Total Liabilities

$73.6k (2023)

Fiscal Year Ending June
2023

Fiscal Year Ending June
2022

Fiscal Year Ending June
2021

Fiscal Year Ending June
2020

Fiscal Year Ending June
2019

Fiscal Year Ending June
2018

Fiscal Year Ending June
2017

Fiscal Year Ending June
2016

Fiscal Year Ending June
2015

Fiscal Year Ending June
2014

Fiscal Year Ending June
2013

Fiscal Year Ending June
2012

Fiscal Year Ending June
2011

Fiscal Year Ending June
2010

Fiscal Year Ending June
2009

Fiscal Year Ending June
2008

Fiscal Year Ending June
2007

Fiscal Year Ending June
2006

Fiscal Year Ending June
2005

Fiscal Year Ending June
2004

Fiscal Year Ending June
2003

Fiscal Year Ending June
2002

Fiscal Year Ending June
2001