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Nonprofit · EIN 59-3138328

CITRUS COUNTY EDUCATION FOUNDATION INC

Tax-exempt · INVERNESS, FL 34450

Financials

$1.1M$1.1M2022$1.9M$1.4M2023$2.7M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of CITRUS COUNTY EDUCATION FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$2,692,867$2,063,050$629,817$2,092,196$0$2,092,196
June 30, 2024990$1,922,508$1,354,329$568,179$1,463,417$1,038$1,462,379
June 30, 2023990$1,097,264$1,106,558-$9,294$895,314$1,114$894,200
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,092,123
Program service revenue
$449,126
Investment income
$63,614
Net income from fundraising events
$88,004
Other revenue
$88,004

Expenses

Grants and similar amounts paid
$114,250
Other salaries and wages
$170,872
Salaries, compensation and benefits (total)
$183,944
Professional fundraising fees
$0
Accounting fees
$8,700
Occupancy
$4,811
Travel
$19,564
Depreciation
$380
Program services (functional)
$1,547,214
Management and general (functional)
$196,914
Fundraising (functional)
$318,922

Balance sheet and other

Total assets, start of year
$1,463,417
Total assets, end of year
$2,092,196
Total liabilities, end of year
$0
Net assets, end of year
$2,092,196
Land, buildings and equipment
$2,977
Net assets without donor restrictions
$265,106
Net assets with donor restrictions
$1,827,090
Gross receipts
$2,711,719
Employees
8
Volunteers
650
Year formed
1992
State of legal domicile
FL

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.

NameTitleHours / weekCompensation
BARBIERI AMYTREASURER
Trustee or director, Officer
20$0
LINDSAY BLAIRSECRETARY
Trustee or director, Officer
20$0
WHITE DAVIDPAST PRESIDE
Trustee or director, Officer
10$0
TED KINGPRESIDENT
Trustee or director, Officer
20$0
KATIE MYERSSECRETARY
Trustee or director, Officer
20$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
BARBIERI AMYTREASURER
Trustee or director, Officer
15$0
WHITE DAVIDPRESIDENT
Trustee or director, Officer
15$0
TED KINGVICE PRESIDE
Trustee or director, Officer
5$0
LINDA RODGERSPAST PRESIDE
Trustee or director, Officer
5$0
TERRI RYANSECRETARY
Trustee or director, Officer
10$0
990 for the year ended June 30, 2023: 6 people
NameTitleHours / weekCompensation
BARBIERI AMYTREASURER
Trustee or director, Officer
5$0
SHAUNDA JO BURDETTEEXECUTIVE DI
Trustee or director
40$0
WHITE DAVIDPRESIDENT
Trustee or director, Officer
5$0
TED KINGVICE PRESIDE
Trustee or director, Officer
5$0
LINDA RODGERSPAST PRESIDE
Trustee or director, Officer
5$0
TERRI RYANSECRETARY
Trustee or director, Officer
5$0

Address and contacts

Address (IRS master file)
1007 W MAIN ST, INVERNESS, FL 34450-4625
Principal officer (990 for 2024)
TED KING, 1007 W MAIN ST, INVERNESS, FL 34450
Signed the 990
BARBIERI AMY, TREASURER
Phone
(352) 726-1931
Return prepared by
COLEMAN & ASSOCIATES CPA FIRM

Mission

THE CITRUS COUNTY EDUCATION FOUNDATION, INC. PROVIDES RESOURCES TO SUPPORT CITRUS COUNTY SCHOOLS TO ENHANCE THE QUALITY OF EDUCATION. THE FOUNDATION IS DEDICATED TO: ENCOURAGING BUSINESS AND COMMUNITY INVOLVEMENT IN THE PUBLIC SCHOOL SYSTEM. PROMOTING CREATIVE AND INNOVATIVE EDUCATIONAL PROGRAMS. FOSTERING EXCELLENCE IN LEARNING. RECOGNIZING OUTSTANDING ACHIEVEMENTS OF STUDENTS, TEACHERS, SUPPORT PERSONNEL AND ADMINISTRATORS.

990 for the year ended June 30, 2025

Program accomplishments

  • THE ORGANIZATION PROVIDED FUNDS TO TEACHERS IN THE FORM OF MINI-GRANTS AND SUPPORTED EDUCATION IN CITRUS COUNTY BY RECOGNIZING THE TEACHER AND EMPLOYEE OF THE YEAR. THE ORGANIZATION RECOGNIZED OUTSTANDING PERFORMANCE IN THE CLASSROOM BY BOTH TEACHER AND SUPPORT PERSONNEL.
    Expenses $1,159,857 · grants $114,250 · revenue $2,035,617
  • THE ORGANIZATION RECEIVED FUNDS FROM FOUNDATIONS AND CONTRIBUTORS TO SUPPORT EDUCATIONAL ACTIVITIES CONDUCTED BY THE CITRUS COUNTY DISTRICT SCHOOLS. THESE PROGRAMS WERE USED TO SUPPORT DISTRICT INITIATIVES.
    Expenses $387,357 · revenue $609,731

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
59-3138328
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
1992
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B99Z)
Assets (IRS master file)
$2,092,196
Income (IRS master file)
$2,711,719

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$2,692,867$2,063,050$2,092,196IRS
990June 2024$1,922,508$1,354,329$1,463,417IRS
990June 2023$1,097,264$1,106,558$895,314XML
990June 2022$938,976$612,602$904,685IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 59-3138328).

Questions about CITRUS COUNTY EDUCATION FOUNDATION INC

What is the EIN of CITRUS COUNTY EDUCATION FOUNDATION INC?
The employer identification number (EIN) of CITRUS COUNTY EDUCATION FOUNDATION INC is 59-3138328.
Is CITRUS COUNTY EDUCATION FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1992.
Are donations to CITRUS COUNTY EDUCATION FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CITRUS 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 CITRUS 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 CITRUS 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 CITRUS COUNTY EDUCATION FOUNDATION INC?
The 990 for the year ended June 30, 2025 names TED KING.
Who are the officers and directors of CITRUS COUNTY EDUCATION FOUNDATION INC?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does CITRUS COUNTY EDUCATION FOUNDATION INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $2,692,867, expenses of $2,063,050 and total assets of $2,092,196 at year end.

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