FOUNDATION FOR RURAL EDUCATION EXCELLENCE INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: FOUNDATION FOR RURAL EDUCATION EXCELLENCE INC (EIN 59-3515342)
Tax period: 2021-07-01 to 2022-06-30
Filed: 2022-11-14
IRS object ID: 202233189349302133
Schema version: 2021v4.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule G
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-11-14T09:19:11-05:00	ReturnTs
Tax Period End	2022-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	593157692	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	LYONS & LYONS CPA'S	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	106 WEST BLVD	AddressLine1Txt
City	MACCLENNY	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	320632605	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	593515342	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FOUNDATION FOR RURAL EDUCATION	BusinessNameLine1Txt
Business Name Line2	EXCELLENCE INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	FOUN	BusinessNameControlTxt
Phone	3863293855	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 756	AddressLine1Txt
City	PALATKA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32178	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SHAY STARLING	PersonNm
Person Title	EXEC DIRECTOR	PersonTitleTxt
Phone	3863293855	PhoneNum
Signature	2022-11-01	SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	SHAY	PersonFirstNm
Person Last	STARLING	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JAMES G LYONS CPA	PreparerPersonNm
PTIN	P00924468	PTIN
Phone	9042594307	PhoneNum
Preparation	2022-11-08	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	SHAY STARLING	PrincipalOfficerNm
Gross Receipts	$204,791	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.FREENEEDSYOU.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1998	FormationYr
Legal Domicile State	FL	LegalDomicileStateCd
Activity Or Mission	TO HELP ENSURE THE ACHIEVEMENT OF ACADEMIC EXCELLENCE AND CAREER OPPORTUNITIES FOR RURAL STUDENTS IN NORTH EAST FLORIDA.	ActivityOrMissionDesc
Voting Members Governing Body	4	VotingMembersGoverningBodyCnt
Voting Members Independent	4	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$102,646	PYContributionsGrantsAmt
CY Contributions Grants	$188,032	CYContributionsGrantsAmt
PY Program Service Revenue	$143,139	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$308	PYInvestmentIncomeAmt
CY Investment Income	$116	CYInvestmentIncomeAmt
PY Other Revenue	$18,190	PYOtherRevenueAmt
CY Other Revenue	$9,402	CYOtherRevenueAmt
PY Total Revenue	$264,283	PYTotalRevenueAmt
CY Total Revenue	$197,550	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid	$0	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$272,325	PYOtherExpensesAmt
CY Other Expenses	$172,832	CYOtherExpensesAmt
PY Total Expenses	$272,325	PYTotalExpensesAmt
CY Total Expenses	$172,832	CYTotalExpensesAmt
PY Revenues Less Expenses	-$8,042	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$24,718	CYRevenuesLessExpensesAmt
Total Assets BOY	$239,507	TotalAssetsBOYAmt
Total Assets EOY	$264,225	TotalAssetsEOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$239,507	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$264,225	NetAssetsOrFundBalancesEOYAmt
Mission	TO HELP ENSURE THE ACHIEVEMENT OF ACADEMIC EXCELLENCE AND CAREER OPPORTUNITIES FOR RURAL STUDENTS IN NORTH EAST FLORIDA.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$170,647	ExpenseAmt
Desc	TO RECEIVE CONTRIBUTIONS FROM CFEF, THE CONSORTIUM OF FLORIDA EDUCATION FOUNDATIONS, INC. TO SUPPORT LOCAL SCHOOL DISTRICTS. TO PROVIDE EDUCATION CONFERENCES TO ENHANCE THE EDUCATION IN THE NORTHEAST FLORIDA EDUCATIONAL CONSORTIUM.	Desc
Total Program Service Expenses	$170,647	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	false	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	Yes (true)	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	false	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	4	GoverningBodyVotingMembersCnt
Independent Voting Member	4	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	false	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	FL	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	SHAY STARLING	PersonNm
Phone	3863293855	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	PO BOX 756	AddressLine1Txt
City	PALATKA	CityNm
State Abbreviation	FL	StateAbbreviationCd
ZIP	32178	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
JUDY BOLES
PRESIDENT	Yes (X)	$0	$0	$0
ANNA ROSSANO-ARNOLD
TREASURER	Yes (X)	$0	$0	$0
RHONDA SHARER
SECRETARY	Yes (X)	$0	$0	$0
SHAY STARLING
EXEC DIRECTO	Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
All Other Contributions	$188,032	AllOtherContributionsAmt
Noncash Contributions	$5,200	NoncashContributionsAmt
Total Contributions	$188,032	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$116	TotalRevenueColumnAmt
Related Or Exempt Func Income	$116	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$16,643	FundraisingGrossIncomeAmt
Fundraising Direct Expenses	$7,241	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$9,402	TotalRevenueColumnAmt
Exclusion	$9,402	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$197,550	TotalRevenueColumnAmt
Related Or Exempt Func Income	$116	RelatedOrExemptFuncIncomeAmt
Exclusion	$9,402	ExclusionAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$2,244	TotalAmt
Program Services	$561	ProgramServicesAmt
Management And General	$1,683	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
EDUCATION DEVELOPMNT CONF	$135,984	$135,984
SCHOLARSHIP	$27,000	$27,000
CONTRIBUTED SERVICES	$5,200	$5,200
DUES AND FEES	$1,967	$1,902	$65

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$437	TotalAmt
Management And General	$437	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$172,832	TotalAmt
Program Services	$170,647	ProgramServicesAmt
Management And General	$2,185	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	-$1	BOYAmt
EOY	-$2	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$230,509	BOYAmt
EOY	$258,027	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$6,750	BOYAmt
EOY	$5,750	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$2,249	BOYAmt
EOY	$450	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$6,174	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$6,174	LandBldgEquipAccumDeprecAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$239,507	BOYAmt
EOY	$264,225	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$239,507	BOYAmt
EOY	$264,225	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$239,507	BOYAmt
EOY	$264,225	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$239,507	BOYAmt
EOY	$264,225	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$24,718	ReconcilationRevenueExpnssAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	false	FSAuditedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$187,436	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$233,221	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$264,487	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$244,785	CurrentTaxYearMinus1YearAmt
Current Tax Year	$188,032	CurrentTaxYearAmt
Total	$1,117,961	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$187,436	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$233,221	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$264,487	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$244,785	CurrentTaxYearMinus1YearAmt
Current Tax Year	$188,032	CurrentTaxYearAmt
Total	$1,117,961	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$1,117,961	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$525	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$563	CurrentTaxYearMinus3YearsAmt
Total	$1,088	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$15,904	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$16,846	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$9,726	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$23,459	CurrentTaxYearMinus1YearAmt
Current Tax Year	$16,643	CurrentTaxYearAmt
Total	$82,578	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$1,201,627	TotalSupportAmt
Gross Receipts Rltd Activities	$1,603	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.93040	PublicSupportCY170Pct
Public Support PY170	0.94290	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	PART II, LINE 10	FormAndLineReferenceDesc
Explanation	OTHER INCOME 65,935	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$6,174	OtherCostOrOtherBasisAmt
Depreciation	$6,174	DepreciationAmt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	GOLF TOURNAMENT	Event1Nm
Gross Receipts Event1	$16,643	GrossReceiptsEvent1Amt
Gross Revenue Event1	$16,643	GrossRevenueEvent1Amt
Other Direct Expenses Event1	$7,241	OtherDirectExpensesEvent1Amt
Gross Receipts Total	$16,643	GrossReceiptsTotalAmt
Gross Revenue Total Events	$16,643	GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events	$7,241	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$7,241	DirectExpenseSummaryEventsAmt
Net Income Summary	$9,402	NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11B	FORM 990 IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS PRIOR TO FILING.
FORM 990, PAGE 6, PART VI, LINE 12C	CONFLICTS OF INTEREST ARE MONITORED ANNUALLY BY THE BOARD OF DIRECTORS.
FORM 990, PAGE 6, PART VI, LINE 19	GOVERNING DOCUMENTS, TAX RETURNS, AND COMPILED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST DURING REGULAR BUSINESS HOURS.