Nonprofit · EIN 87-3276712
FAYETTE COUNTY PUBLIC SCHOOLS EDUCATION FOUNDATION
Tax-exempt · LEXINGTON, KY 40513
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $929,884 | $972,665 | -$42,781 | $969,873 | $5,787 | $964,086 |
| June 30, 2024 | 990-EZ | $0 | – | – | $0 | – | $0 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $853,638
- Program service revenue
- $76,246
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $555,987
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $89,840
- Salaries, compensation and benefits (total)
- $93,828
- Professional fundraising fees
- $0
- Legal fees
- $2,887
- Travel
- $5,088
- Program services (functional)
- $823,766
- Management and general (functional)
- $111,691
- Fundraising (functional)
- $37,208
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $969,873
- Total liabilities, end of year
- $5,787
- Net assets, end of year
- $964,086
- Net assets without donor restrictions
- $207,042
- Net assets with donor restrictions
- $757,044
- Gross receipts
- $929,884
- Employees
- 1
- Year formed
- 2023
- State of legal domicile
- KY
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 |
|---|---|---|---|
| Michael Baer | Treasurer Trustee or director | 1 | $0 |
| Tracy Bruno | Director Trustee or director | 1 | $0 |
| Jon Caldwell | Director Trustee or director | 1 | $0 |
| Andre Fomby | Director Trustee or director | 1 | $0 |
| Denise Gray | Director Trustee or director | 1 | $0 |
| Demetrus Liggins | Director Trustee or director | 1 | $0 |
| Stinson Miller | Director Trustee or director | 1 | $0 |
| Kim Parker-Brown | Director Trustee or director | 1 | $0 |
| Kaelyn Query Caldwell | Chairman Trustee or director | 1 | $0 |
| Michelle Sparks | Director Trustee or director | 1 | $0 |
| Kim Sweazy | Director Trustee or director | 1 | $0 |
| Abby Vaughn | Director Trustee or director | 1 | $0 |
| Mary Ann Vimont | Director Trustee or director | 1 | $0 |
| Tiffany Wheeler | Director Trustee or director | 1 | $0 |
| Jordan Woods | Director Trustee or director | 1 | $0 |
7 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Serenity Wright | Director Trustee or director | 1 | $0 |
| Rodney Jackson | Director Officer | 1 | $0 |
| Lauren Lovely | Director Officer | 1 | $0 |
| Kim Lyon | Secretary Officer | 1 | $0 |
| Abdul Muhammad | Chairman Officer | 1 | $0 |
| Alan Stein | Director Officer | 1 | $0 |
| Latarika Young | Director Officer | 1 | $0 |
990-EZ for the year ended June 30, 2024: 22 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Michael Baer | Treasurer | 1 | $0 |
| Tracy Bruno | Director | 1 | $0 |
| Jon Caldwell | Director | 1 | $0 |
| Andre Fomby | Director | 1 | $0 |
| Denise Gray | Director | 1 | $0 |
| Rodney Jackson | Director | 1 | $0 |
| Demetrus Liggins | Director | 1 | $0 |
| Lauren Lovely | Director | 1 | $0 |
| Kim Lyon | Secretary | 1 | $0 |
| Stinson Miller | Director | 1 | $0 |
| Abdul Muhammad | Director | 1 | $0 |
| Kim Parker-Brown | Director | 1 | $0 |
| Kaelyn Query Caldwell | Director | 1 | $0 |
| Michelle Sparks | Director | 1 | $0 |
| Alan Stein | Director | 1 | $0 |
| Kim Sweazy | Director | 1 | $0 |
| Abby Vaughn | Director | 1 | $0 |
| Mary Ann Vimont | Director | 1 | $0 |
| Tiffany Wheeler | Director | 1 | $0 |
| Jordan Woods | Director | 1 | $0 |
| Serenity Wright | Director | 1 | $0 |
| Latarika Young | Director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 4277 PALMETTO DR, LEXINGTON, KY 40513-1310
- Signed the 990
- Carrie Boling, Executive Director
- Phone
- (859) 489-3805
- Return prepared by
- CHARLES T MITCHELL CO PLLC
Mission
The Fayette Education Foundation's mission is to support the educational needs of Fayette County Public Schools (FCPS) through community collaboration and fundraising.The foundation's goals include promoting equity, fulfilling unmet needs, investing in the community, developing educators, and enhancing the educational experience.The foundation also offers a program that provides free, age-appropriate books to every child from birth to age five each month. The goal of this program is to help children develop language and literacy skills to prepare them for kindergarten.
Program accomplishments
- DP-N.America - Through Toyotas Driving Possibilities initiative and additional Foundation support, FEF helps expand STEM learning, career exploration, leadership development, and innovative educational opportunities in targeted FCPS schools.Expenses $351,322 · revenue $307,142
- PROP DEV - FEF works with landowners, community partners, and FCPS to support the strategic development of school-related property projects that enhance educational opportunities and benefit students and the broader community.Expenses $205,497
- SP - FEF supports special projects that address emerging needs, pilot innovative ideas, and provide flexible funding for unique opportunities that directly benefit FCPS students, schools, and educators.Expenses $107,633 · revenue $164,077
- BIG - The Fayette Education Foundations Bright Ideas Grants provide direct funding to Fayette County Public Schools educators for innovative classroom projects, student enrichment opportunities, and resources that go beyond traditional school budgets.Expenses $80,226 · revenue $108,453
- DP-KY - Through Toyotas Driving Possibilities initiative and additional Foundation support, FEF helps expand STEM learning, career exploration, leadership development, and innovative educational opportunities in targeted FCPS schools.Expenses $41,081 · revenue $90,000
- TOY - FEF proudly supports FCPS Global Awards and Teacher of the Year recognition programs that celebrate outstanding educators, support professionals, and school leaders making an extraordinary impact on students.Expenses $10,608 · revenue $28,000
- Other Programs - Unrestricted funds used to support other eductional programs.Expenses $7,503
- DPIL - FEF manages the local Dolly Partons Imagination Library program, mailing free, high-quality books each month to young children across Fayette County to build early literacy skills and a love of reading.Expenses $5,006 · revenue $22,871
- LIT - Through the Lexington Industrial Trust, FEF helps provide resources and opportunities that strengthen workforce readiness, career and technical education, and student pathways to future employment and economic success.Expenses $4,632 · revenue $5,744
- SAP - The Success Academy Project connects private donor support with innovative programming and student-centered opportunities designed to help alternative education students succeed academically, personally, and professionally.Expenses $3,943 · revenue $43,062
- STONER TRUST - Through the Stoner Trust, FEF helps support educational opportunities and student-focused initiatives that align with the donors vision for strengthening public education in Fayette County.Expenses $3,651 · revenue $4,721
- MCM - The Emmanuel Manny Caulk Jr. Memorial Scholarship honors graduating FCPS students pursuing careers in education and encourages the next generation of passionate teachers and school leaders.Expenses $2,658 · revenue $2,577
- SAEI - FEF invests in school arts programs that expand student access to visual arts, music, theater, dance, and creative learning experiences across Fayette County Public Schools.Expenses $6
- TFT - Teachers for Tomorrow supports efforts to inspire, prepare, and encourage FCPS students to pursue careers in education and become future teachers in their own community.revenue $5,000
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-EZ on file |
IRS record
- EIN
- 87-3276712
- 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
- 2024
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B90)
- Assets (IRS master file)
- $969,873
- Income (IRS master file)
- $929,884
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $929,884 | $972,665 | $969,873 | IRS |
| 990-EZ | June 2024 | $0 | $0 | $0 | XML |
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 87-3276712).
Questions about FAYETTE COUNTY PUBLIC SCHOOLS EDUCATION FOUNDATION
- What is the EIN of FAYETTE COUNTY PUBLIC SCHOOLS EDUCATION FOUNDATION?
- The employer identification number (EIN) of FAYETTE COUNTY PUBLIC SCHOOLS EDUCATION FOUNDATION is 87-3276712.
- Is FAYETTE COUNTY PUBLIC SCHOOLS EDUCATION FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2024.
- Are donations to FAYETTE COUNTY PUBLIC SCHOOLS EDUCATION FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FAYETTE COUNTY PUBLIC SCHOOLS 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 FAYETTE COUNTY PUBLIC SCHOOLS 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 FAYETTE COUNTY PUBLIC SCHOOLS 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 are the officers and directors of FAYETTE COUNTY PUBLIC SCHOOLS EDUCATION FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 22 people; 0 received compensation from the organization.
- How much revenue does FAYETTE COUNTY PUBLIC SCHOOLS EDUCATION FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $929,884, expenses of $972,665 and total assets of $969,873 at year end.
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