Nonprofit · EIN 58-1734733
HENDERSON COUNTY EDUCATION FOUNDATION INC
Tax-exempt · HENDERSONVLLE, NC 28793
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,464,273 | $1,021,891 | $442,382 | $1,979,699 | $16,842 | $1,962,857 |
| June 30, 2024 | 990 | $982,044 | $739,262 | $242,782 | $1,488,782 | $4,182 | $1,484,600 |
| June 30, 2023 | 990 | $602,084 | $597,908 | $4,176 | $1,197,428 | $6,195 | $1,191,233 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $1,380,299
- of which government grants
- $243,911
- Program service revenue
- $6,966
- Investment income
- $69,277
- Net gain from sales of assets
- $20,540
- Net income from fundraising events
- $7,278
- Other revenue
- $7,731
Expenses
- Grants and similar amounts paid
- $264,933
- Other salaries and wages
- $103,468
- Salaries, compensation and benefits (total)
- $112,264
- Professional fundraising fees
- $0
- Accounting fees
- $29,180
- Occupancy
- $840
- Travel
- $3,172
- Program services (functional)
- $881,495
- Management and general (functional)
- $89,805
- Fundraising (functional)
- $50,591
Balance sheet and other
- Total assets, start of year
- $1,488,782
- Total assets, end of year
- $1,979,699
- Total liabilities, end of year
- $16,842
- Net assets, end of year
- $1,962,857
- Publicly traded securities
- $1,350,268
- Net assets without donor restrictions
- $837,270
- Net assets with donor restrictions
- $1,125,587
- Gross receipts
- $1,610,783
- Employees
- 2
- Volunteers
- 76
- Year formed
- 1986
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK RUSSELL | PRESIDENT Trustee or director, Officer | 3 | $0 |
| DAN POETA | VICE PRESIDE Trustee or director, Officer | 3 | $0 |
| JESSICA MCALISTER | SECRETARY Trustee or director, Officer | 3 | $0 |
| MICHELLE MULLINAX | TREASURER Trustee or director, Officer | 3 | $0 |
| KIMBRELL ARROWOOD | DIRECTOR Trustee or director | 1 | $0 |
| CHRISTINE BECKER | DIRECTOR Trustee or director | 1 | $0 |
| LAUREN BOLLEN | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL CANO | DIRECTOR Trustee or director | 1 | $0 |
| DOT CASE | DIRECTOR Trustee or director | 1 | $0 |
| JUDY EDWARDS | DIRECTOR Trustee or director | 1 | $0 |
| GRAHAM FIELDS | DIRECTOR Trustee or director | 1 | $0 |
| BROCK GOODLING | DIRECTOR Trustee or director | 1 | $0 |
| BRADLEY JONES | DIRECTOR Trustee or director | 1 | $0 |
| AMY LAUGHTER | DIRECTOR Trustee or director | 1 | $0 |
| MELISA SOTO ESCOBAR | DIRECTOR Trustee or director | 1 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| AMANDA STATON | DIRECTOR Trustee or director | 1 | $0 |
| JIMMIE LYNN WHITMIRE | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUSAN THOMAS | PRESIDENT Trustee or director, Officer | 3 | $0 |
| MARK RUSSELL | VICE PRESIDE Trustee or director, Officer | 3 | $0 |
| LAUREN BOLLEN | SECRETARY Trustee or director, Officer | 3 | $0 |
| MICHAEL CANO | SECRETARY Trustee or director, Officer | 3 | $0 |
| PATTI BAKER | TREASURER Trustee or director, Officer | 3 | $0 |
| CHRISTINE BECKER | DIRECTOR Trustee or director | 1 | $0 |
| DALE SALVAGGIO BRADSHAW | DIRECTOR Trustee or director | 1 | $0 |
| DOT CASE | DIRECTOR Trustee or director | 1 | $0 |
| CLAUDIA DALTON | DIRECTOR Trustee or director | 1 | $0 |
| JUDY EDWARDS | DIRECTOR Trustee or director | 1 | $0 |
| TIM ERTZBERGER | DIRECTOR Trustee or director | 1 | $0 |
| MELISA SOTO ESCOBAR | DIRECTOR Trustee or director | 1 | $0 |
| GRAHAM FIELDS | DIRECTOR Trustee or director | 1 | $0 |
| MOLLY MCGOWAN GORSUCH | DIRECTOR Trustee or director | 1 | $0 |
| DAN POETA | DIRECTOR Trustee or director | 1 | $0 |
| CLAIRE MAYBIN RICE | DIRECTOR Trustee or director | 1 | $0 |
| KATIE ROGERS | DIRECTOR Trustee or director | 1 | $0 |
| AMANDA STATON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JESSICA COLLINS | PRESIDENT Trustee or director, Officer | 3 | $0 |
| SUSAN THOMAS | VICE PRESIDE Trustee or director, Officer | 3 | $0 |
| MARK RUSSELL | SECRETARY Trustee or director, Officer | 3 | $0 |
| PATTI BAKER | TREASURER Trustee or director, Officer | 3 | $0 |
| CHRISTINE BECKER | DIRECTOR Trustee or director | 1 | $0 |
| LAUREN BOLLEN | DIRECTOR Trustee or director | 1 | $0 |
| DALE SALVAGGIO BRADSHAW | DIRECTOR Trustee or director | 1 | $0 |
| CLAUDIA DALTON | DIRECTOR Trustee or director | 1 | $0 |
| TIM ERTZBERGER | DIRECTOR Trustee or director | 1 | $0 |
| MELISA ESCOBAR | DIRECTOR Trustee or director | 1 | $0 |
| GRAHAM FIELDS | DIRECTOR Trustee or director | 1 | $0 |
| MOLLY MCGOWAN GORSUCH | DIRECTOR Trustee or director | 1 | $0 |
| DAN POETA | DIRECTOR Trustee or director | 1 | $0 |
| KATIE ROGERS | DIRECTOR Trustee or director | 1 | $0 |
| ALAN SKELTON | DIRECTOR Trustee or director | 1 | $0 |
| AMANDA STATON | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1267, HENDERSONVLLE, NC 28793-1267
- Principal officer (990 for 2024)
- PEGGY MARSHALL, PO BOX 1267, HENDERSONVILLE, NC 28793
- Signed the 990
- PEGGY MARSHALL, EXECUTIVE DIRECTOR
- Phone
- (828) 697-5551
- Website
- WWW.HCEF.INFO
- Return prepared by
- GOULD KILLIAN CPA GROUP PA
Mission
ENHANCE THE QUALITY OF LIFE IN HENDERSON COUNTY, NORTH CAROLINA BY ENRICHING THE EDUCATION OF STUDENTS, TEACHERS, AND THE LOCAL COMMUNITY.
Program accomplishments
- THE FOUNDATION ADMINISTERED 40 SCHOLARSHIPS FOR GRADUATES OF HENDERSON COUNTY PUBLIC HIGH SCHOOLS. EACH SCHOLARSHIP HAS A SPECIFIC PURPOSE AND TAILORED ELIGIBILITY CRITERIA. THE SCHOLARSHIPS ARE MANAGED BY THE FOUNDATION'S PROGRAM COMMITTEE AND STAFF, WITH THE INVOLVEMENT OF HIGH SCHOOL COUNSELORS, TEACHERS, AND SCHOLARSHIP REVIEW COMMITTEES, INCLUDING MEMBERS OF THE HENDERSON COUNTY COMMUNITY.Expenses $264,933 · grants $264,933
- HCEF SPRING FUND, FORMERLY "THE SPECIAL FUND FOR CHILDREN" WAS ESTABLISHED TO PROVIDE SUPPORT FOR CHILDREN'S NEEDS NOT OTHERWISE MET BY THE SCHOOL SYSTEM. SPRING FUNDS ARE PROVIDED ANNUALLY TO PRINCIPALS AT EACH OF THE SCHOOLS IN THE DISTRICT TO MEET THE DAY-TO-DAY EMERGENCIES AND OTHER NEEDS OF THE MOST VULNERABLE CHILDREN IN THE SYSTEM.Expenses $52,530
- THE LEADER IN ME IS FRANKLIN COVEY'S WHOLE SCHOOL TRANSFORMATION PROCESS. IT TEACHES 21ST CENTURY LEADERSHIP AND LIFE SKILLS TO STUDENTS AND CREATES A CULTURE OF STUDENT EMPOWERMENT BASED ON THE IDEA THAT EVERY CHILD CAN BE A LEADER.Expenses $182,224
- GENERAL PROGRAMS-OTHER AWARDS, TO STUDENTS, TEACHERS, AND GRADUATES OF HENDERSON COUNTY PUBLIC SCHOOLS, TO ENRICH THE LEARNING OPPORTUNITIES FOR STUDENTS AND EXPENSES RELATED TO THE OPERATION OF THESE PROGRAMS.Expenses $381,808 · revenue $6,966
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 58-1734733
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B120)
- Assets (IRS master file)
- $1,979,699
- Income (IRS master file)
- $1,610,783
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,464,273 | $1,021,891 | $1,979,699 | IRS |
| 990 | June 2024 | $982,044 | $739,262 | $1,488,782 | XML |
| 990 | June 2023 | $602,084 | $597,908 | $1,197,428 | XML |
| 990 | June 2022 | $600,776 | $499,919 | $1,174,642 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 58-1734733).
Questions about HENDERSON COUNTY EDUCATION FOUNDATION INC
- What is the EIN of HENDERSON COUNTY EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of HENDERSON COUNTY EDUCATION FOUNDATION INC is 58-1734733.
- Is HENDERSON COUNTY EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to HENDERSON COUNTY EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HENDERSON COUNTY EDUCATION FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of HENDERSON COUNTY EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HENDERSON COUNTY EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of HENDERSON COUNTY EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names PEGGY MARSHALL.
- Who are the officers and directors of HENDERSON COUNTY EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 0 received compensation from the organization.
- How much revenue does HENDERSON COUNTY EDUCATION FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,464,273, expenses of $1,021,891 and total assets of $1,979,699 at year end.
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All nonprofits in HENDERSONVLLE · North Carolina · Education