Nonprofit · EIN 55-0784287
MONROE COUNTY EDUCATION FOUNDATION INC
Tax-exempt · UNION, WV 24983
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $78,031 | $52,987 | $25,044 | $1,068,500 | $0 | $1,068,500 |
| June 30, 2024 | 990 | $67,131 | $45,767 | $21,364 | $936,893 | $0 | $936,893 |
| June 30, 2023 | 990 | $133,506 | $35,588 | $97,918 | $828,722 | $0 | $828,722 |
| June 30, 2021 | 990 | $195,023 | $27,561 | $167,462 | $725,436 | $0 | $725,436 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $56,481
- Program service revenue
- $0
- Investment income
- $21,550
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $21,900
- Compensation of officers, directors and key employees
- $22,550
- Salaries, compensation and benefits (total)
- $22,550
- Professional fundraising fees
- $0
- Program services (functional)
- $42,465
- Management and general (functional)
- $4,878
- Fundraising (functional)
- $5,644
Balance sheet and other
- Total assets, start of year
- $936,893
- Total assets, end of year
- $1,068,500
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,068,500
- Publicly traded securities
- $708,461
- Net assets without donor restrictions
- $170,647
- Net assets with donor restrictions
- $897,853
- Gross receipts
- $78,031
- Employees
- 0
- Volunteers
- 15
- Year formed
- 2001
- State of legal domicile
- WV
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 |
|---|---|---|---|
| LAURA RICE | ADMINISTRATOR Key employee | 30 | $22,550 |
| JOHN TERRY | DIRECTOR Trustee or director | 2 | $0 |
| BRAD SIBOLD | DIRECTOR Trustee or director | 2 | $0 |
| STEVE NEWBERRY | DIRECTOR Trustee or director | 2 | $0 |
| PHILLIP SHREWSBURY | DIRECTOR Trustee or director | 2 | $0 |
| LORI HIGGINBOTHAM | TREASURER Trustee or director | 4 | $0 |
| DR LYN GUY | DIRECTOR Trustee or director | 2 | $0 |
| NEIL DUNLAP | DIRECTOR Trustee or director | 2 | $0 |
| LETA COMER | PRESIDENT Officer | 4 | $0 |
| DR MARK KILCOLLIN | VICE-PRESIDENT Officer | 4 | $0 |
| CAROLINE SPARKS | SECRETARY Officer | 4 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA RICE | ADMINISTRATOR Key employee | 30 | $21,235 |
| JOHN TERRY | DIRECTOR Trustee or director | 4 | $0 |
| DON SIBOLD | DIRECTOR Trustee or director | 4 | $0 |
| STEVE NEWBERRY | DIRECTOR Trustee or director | 4 | $0 |
| PHILLIP SHREWSBURY | DIRECTOR Trustee or director | 4 | $0 |
| LETA COMER | PRESIDENT Officer | 4 | $0 |
| DR MARK KILCOLLIN | VICE-PRESIDENT Officer | 4 | $0 |
| CAROLINE SPARKS | SECRETARY Officer | 4 | $0 |
| LORI HIGGINBOTHAM | TREASURER Officer | 4 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA RICE | ADMINISTRATOR Key employee | 30 | $19,210 |
| JOHN TERRY | DIRECTOR Trustee or director | 4 | $0 |
| DON SIBOLD | DIRECTOR Trustee or director | 4 | $0 |
| STEVE NEWBERRY | DIRECTOR Trustee or director | 4 | $0 |
| PHILLIP SHREWSBURY | DIRECTOR Trustee or director | 4 | $0 |
| LETA COMER | PRESIDENT Officer | 4 | $0 |
| DR MARK KILCOLLIN | VICE-PRESIDENT Officer | 4 | $0 |
| CAROLINE SPARKS | SECRETARY Officer | 4 | $0 |
| LORI HIGGINBOTHAM | TREASURER Officer | 4 | $0 |
990 for the year ended June 30, 2021: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAURA RICE | ADMINISTRATOR Key employee | 20 | $7,039 |
| LETA COMER | PRESIDENT Trustee or director, Officer | 4 | $0 |
| DR MARK KILCOLLIN | VICE-PRESIDENT Trustee or director, Officer | 4 | $0 |
| CAROLINE SPARKS | SECRETARY Trustee or director, Officer | 4 | $0 |
| PAULETTE KIRBY | TREASURER Trustee or director, Officer, Former | 4 | $0 |
| JOHN TERRY | DIRECTOR Trustee or director | 4 | $0 |
| DON SIBOLD | DIRECTOR Trustee or director | 4 | $0 |
| STEVE NEWBERRY | DIRECTOR Trustee or director | 4 | $0 |
| PHILLIP SHREWSBURY | DIRECTOR Trustee or director | 4 | $0 |
| lLORI HIGGINBOTHAM | TREASURER Trustee or director, Officer | 4 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 90, UNION, WV 24983-0090
- In care of
- % JOHNATHAN P RICE
- Principal officer (990 for 2024)
- LAURA S RICE, PO BOX 90, UNION, WV 24983
- Signed the 990
- LAURA S RICE, ADMINISTRATOR
- Phone
- (304) 646-2423
- Return prepared by
- JP Rice Company Inc
Mission
Provide Scholarships for Higher Education
Program accomplishments
- Award scholarships to Monroe County, WV residents seeking higher education. $21,900 in awards to 21 students were awarded scholarships during the fiscal year.Expenses $42,465 · grants $21,900 · revenue $56,481
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
- 55-0784287
- 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
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Recreation and sports (N20)
- Assets (IRS master file)
- $1,068,500
- Income (IRS master file)
- $78,031
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $78,031 | $52,987 | $1,068,500 | IRS |
| 990 | June 2024 | $67,131 | $45,767 | $936,893 | IRS |
| 990 | June 2023 | $133,506 | $35,588 | $828,722 | XML |
| 990 | June 2022 | $59,573 | $27,979 | $680,139 | IRS |
| 990 | June 2021 | $195,023 | $27,561 | $725,436 | 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 55-0784287).
Questions about MONROE COUNTY EDUCATION FOUNDATION INC
- What is the EIN of MONROE COUNTY EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of MONROE COUNTY EDUCATION FOUNDATION INC is 55-0784287.
- Is MONROE COUNTY EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to MONROE COUNTY EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MONROE 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 MONROE 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 MONROE 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 MONROE COUNTY EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names LAURA S RICE.
- Who are the officers and directors of MONROE COUNTY EDUCATION FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 11 people; 1 received compensation from the organization, the highest $22,550 (LAURA RICE, ADMINISTRATOR).
- How much revenue does MONROE COUNTY EDUCATION FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $78,031, expenses of $52,987 and total assets of $1,068,500 at year end.
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All nonprofits in UNION · West Virginia · Recreation and sports