VINCENNES EDUCATION FOUNDATION INC Charity Report

Tax-exempt status may be revoked

VINCENNES EDUCATION FOUNDATION INC

EIN 35-1927642 · Public Foundations (T30)

What they do

to Provide Local Schools With Additional Educational Resources Including Learning Materials, Computers and Grants to Improve Teaching Skills.

Before you give

Should I give to this charity?

Easy charity check

Stop and check first

This record may have an IRS status problem. Do not give until you verify it.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkThere may be a problem with its nonprofit status. Check before giving.

Money report from 2021The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders5 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

32.52%of revenue went to mission work56.4% of expenses · Program services

$57.64spent for every $100 of revenueRevenue covered expenses this year.

$9.53in assets for every $1 spent this yearSome assets cannot be spent right away.

15.1%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $6,000 for MARY BETH GAVNEY (ADMIN SECRETARY). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2021

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$62,416

Mission workProgram services$20,30032.52% of revenue56.4% of expenses

ManagementOffice and general costs0.00% of revenue0.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$26,44042.36% of revenueShown in gray on the chart

Total expenses$35,97657.64% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2021CurrentExpense mix: 56.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 57.64% of revenue

2020Expense mix: 46.2% mission · 0.0% management · 0.0% fundraisingTotal expenses: 70.34% of revenue

2019Expense mix: 52.4% mission · 0.0% management · 0.0% fundraisingTotal expenses: 55.86% of revenue

2018Expense mix: 65.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 153.55% of revenue

2017Expense mix: 61.1% mission · 0.0% management · 0.0% fundraisingTotal expenses: 82.64% of revenue

2016Expense mix: 58.9% mission · 0.0% management · 0.0% fundraisingTotal expenses: 126.17% of revenue

Money in and money out

Revenue$62,416

Expenses$35,976

Annual surplus $26,440 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$20,300 · 56.4% of expenses

See all reported dollar amounts

Revenue$62,416

Expenses$35,976

Assets$343,017

Contributions$9,440

Mission work (program services)$20,300

People

Leadership and board

Tax year 2021

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MARY BETH GAVNEYADMIN SECRETARY · 15 hrs/week $6,000

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (5)

MARY BETH GAVNEYADMIN SECRETARY

ANGIE PHILLIPSVICE PRESIDENT

CINDY PAGENSECRETARY

KIM LANETREASURER

TONY MEADOWSPRESIDENT

About this charity

Recognized since: June 1995
Location: 1712 S Quail Run Rd, Vincennes, IN 47591
County: Knox
In care of: KIM LANE
Primary officer: KIM LANE, Treasurer

How to reach them

Phone(812) 886-4618

Filing and classification

Latest tax year: 2021
Tax period began: January 1, 2021
Return type: 990EZ
Tax preparer: DIRK A YODER CPA
NTEE classification: Public Foundations (T30)
IRS tax category: Public Foundations
Revocation date: May 15, 2025