Nonprofit · EIN 62-1865303
KNOX EDUCATION FOUNDATION
Tax-exempt · KNOXVILLE, TN 37902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $3,550,137 | $3,026,219 | $523,918 | $7,855,957 | $440,900 | $7,415,057 |
| June 30, 2024 | 990 | $5,911,295 | $4,917,517 | $993,778 | $7,314,957 | $423,986 | $6,890,971 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,282,524
- of which government grants
- $1,705,450
- Program service revenue
- $0
- Investment income
- $267,504
- Other revenue
- $109
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $283,027
- Other salaries and wages
- $728,909
- Salaries, compensation and benefits (total)
- $1,245,436
- Professional fundraising fees
- $0
- Legal fees
- $2,701
- Accounting fees
- $20,908
- Occupancy
- $10,500
- Travel
- $10,722
- Program services (functional)
- $2,222,681
- Management and general (functional)
- $660,983
- Fundraising (functional)
- $142,555
Balance sheet and other
- Total assets, start of year
- $7,314,957
- Total assets, end of year
- $7,855,957
- Total liabilities, end of year
- $440,900
- Net assets, end of year
- $7,415,057
- Net assets without donor restrictions
- $5,837,638
- Net assets with donor restrictions
- $1,577,419
- Gross receipts
- $3,550,137
- Employees
- 13
- Year formed
- 2001
- State of legal domicile
- TN
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 | Other / benefits |
|---|---|---|---|---|
| MICHAEL TAYLOR | CEO Officer | 40 | $167,036 | $13,620 |
| SCOTT BROYLES | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| CLAUDIA CABALLERO | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| WILL EDWARDS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CAROL CARDEN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RANDY BOYD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SUSAN BROWN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CRISSY HASLAM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARKUS JACKSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| LARSEN JAY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DARRIUS UPTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANTHONY WISE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHAEL TAYLOR | CEO Officer | 40 | $172,450 | $16,700 |
| LARSEN JAY | BOARD CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| SCOTT BROYLES | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| DARRIS UPTON | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| CAROL CARDEN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| RANDY BOYD | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SUSAN BROWN | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CLAUDIA CABELLERO | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WILL EDWARDS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| CRISSY HASLAM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| BETSY HENDERSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARKUS JACKSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| GLENN JACOBS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| INDYA KINCANNON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DORIAN MCCOY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JON RYSEWYK | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANTHONY WISE | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 505 SUMMER PL UTT 385, KNOXVILLE, TN 37902-2807
- Principal officer (990 for 2024)
- SCOTT BROYLES, 505 SUMMER PLACE UTT 385, KNOXVILLE, TN 37902
- Signed the 990
- CAROL CARDEN, TREASURER
- Phone
- (865) 370-2300
- Website
- WWW.KNOXED.ORG
- Return prepared by
- BROWN JAKE & MCDANIEL PC
Mission
TO ADVOCATE FOR STUDENT ACADEMIC SUCCESS IN KNOX COUNTY THROUGH RESEARCH, DATA-DRIVEN INNOVATION, COLLABORATION, AND PUBLIC POLICY INITIATIVES
Program accomplishments
- SPECIAL PROJECTS AND SCHOOL IMPROVEMENT INTIATIVES CONTAINS INTATIVES AND PROGRAMS THAT ARE PILOTS TO EVALUATE LONG TERM VIABILITY AND IMPACT. THESE SPECIAL PROJECTS FOCUS ON EDUCATIONAL INITIATIVES, STRATEGIC CONSULTING, ONE BOOK READ CITY, PLAYSPACE FUND AND RESEARCH, ANALYTICS AND SCHOOL INNOVATION.Expenses $1,161,060
- AWARDS AND GRANTS CONSISTS OF PROJECTS THAT ARE FUNDED BY RESTRICTED DONATIONS AND GOVERNMENT FUNDING. FOR THE CURRENT YEAR THESE INCLUDE 865 ACADEMIES, KCS PROJECT SUPPORT AND PRIORITY BASED GRANTS.Expenses $716,728
- PROJECT GRAD ASSIST WITH FAMILY & COMMUNITY ENGAGEMENT AND OFFERS ADDITIONAL SUPPORT, INTERVENTIONS, AND RESOURCES TO AUSTIN-EAST AND FULTON HIGH SCHOOLS. A SCHOLARSHIP IS EARNED BY QUALIFYING STUDENTS WHO ENROLL IN ACCREDITED POST-SECONDARY INSTITUTIONS OR TRADE SCHOOL. GRAD PROVIDES ACCESS TO RESOURCES TO INCREASE ON-TIME GRADUATION RATES, POST-SECONDARY ENROLLMENT AND TO REDUCE BARRIERS TO STUDENT SUCCESS. INTENTIONAL FOCUS IS GIVEN TO STUDENTS FROM DISADVANTAGED CIRCUMSTANCES, FROM COMMUNTIES OF CONCENTRATED CHALLENGES, AND THOSE UNDERREPRESENTED IN HIGHER EDUCATION.Expenses $344,893
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
- 62-1865303
- 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
- 2021
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B12)
- Assets (IRS master file)
- $7,855,957
- Income (IRS master file)
- $3,550,137
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $3,550,137 | $3,026,219 | $7,855,957 | IRS |
| 990 | June 2024 | $5,911,295 | $4,917,517 | $7,314,957 | XML |
| 990 | June 2023 | $4,923,269 | $4,671,919 | $6,543,232 | IRS |
| 990 | June 2022 | $5,852,579 | $4,321,414 | $6,393,317 | 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 62-1865303).
Questions about KNOX EDUCATION FOUNDATION
- What is the EIN of KNOX EDUCATION FOUNDATION?
- The employer identification number (EIN) of KNOX EDUCATION FOUNDATION is 62-1865303.
- Is KNOX EDUCATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to KNOX EDUCATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KNOX EDUCATION FOUNDATION 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 KNOX EDUCATION FOUNDATION 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 KNOX EDUCATION FOUNDATION 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 KNOX EDUCATION FOUNDATION?
- The 990 for the year ended June 30, 2025 names SCOTT BROYLES.
- Who are the officers and directors of KNOX EDUCATION FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 12 people; 1 received compensation from the organization, the highest $167,036 (MICHAEL TAYLOR, CEO).
- How much revenue does KNOX EDUCATION FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $3,550,137, expenses of $3,026,219 and total assets of $7,855,957 at year end.
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