Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 87-1095026 • 501(c)3 • Chatsworth, GA
Profile
The murray county schools foundation inc (the foundation) was formed for the sole purpose of providing supplemental financial funding support for each of the individual public schools (k-12) within the murray county board of education school district which is a public school district in the state of georgia. All funds the foundation raises, either through a fundraising event or contributions received by donors, will go predominantly to the supplemental financial support of the respective schools with the exception of a nominal amount retained for certain small recurring operating expenses of the foundation. These funds will be given to the schools in the school district based upon a needs basis to help the schools to secure the necessary funding for, but not limited to, playground equipment, extra curricular activities and fine arts equipment.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
31st percentile
Higher net margin than 31% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
28th percentile
Faster asset growth than 28% of similar nonprofits.
Revenue Growth
32nd percentile
Faster revenue growth than 32% of similar nonprofits.
Assets
Down$15,818
Down $5,940 (-27%) from 2023
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$15,818
Down $5,940 (-27%) from 2023
Revenue
Down$63,963
Down $18,503 (-22%) from 2023
Expenses
Down$69,903
Down $3,769 (-5.1%) from 2023
Net Income
Down-$5,940
Down $14,734 (-168%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $15.8 | $15.8 | $64.0 | $69.9 | $5.94 | |
| 2023Detailed filing. Detailed filing data is available for this year. | $21.8 | $21.8 | $82.5 | $73.7 | $8.79 | |
| 2022Detailed filing. Detailed filing data is available for this year. | $13.0 | $13.0 | $49.2 | $41.9 | $7.36 | |
The murray county schools foundation inc (the foundation) was formed for the sole purpose of providing supplemental financial funding support for each of the individual public schools (k-12) within the murray county board of education school district which is a public school district in the state of georgia. All funds the foundation raises, either through a fundraising event or contributions received by donors, will go predominantly to the supplemental financial support of the respective schools with the exception of a nominal amount retained for certain small recurring operating expenses of the foundation. These funds will be given to the schools in the school district based upon a needs basis to help the schools to secure the necessary funding for, but not limited to, playground equipment, extra curricular activities and fine arts equipment.
| Description | Grants | Expenses |
|---|---|---|
| FOUNDATION USED THE NET FUNDS GENERATED FROM ITS ANNUAL SPRING GALA TO FUND GRANTS TO EIGHT PUBLIC SCHOOLS IN THE MURRAY COUNTY SCHOOL DISTRICT. THE TOTAL OF THESE GRANTS WERE 66,718. IN ADDITON TO THE FUNDING TO THE EIGHT PUBLIC SCHOOLS, THE FOUNDATION FUNDED THE REACH SCHOLARSHIP TOTALING 1,000. THIS SCHOLARSHIP IS AWARDED TO A GRADUATING TWELFTH GRADE SENIOR FROM THE TWO HIGH SCHOOLS IN THE MURRAY BOARD OF EDUCATION SCHOOL DISTRICT. THE GRANTS AND SCHOLARSHIP BENEFITTED APPROXIMATELY 3,508 STUDENTS ENROLLED IN THE MURRAY COUNTY SCHOOL DISTRICT. SCHOOL AMOUNT PURPOSE WOODLAWN ELEMENTARY 6,525 STEM ROOM PLEASANT VALLEY INNOV 4,000 OUTDOOR ACTIVITY AND LEARNING CTR NORTHWEST ELEMENTARY 1,813 3D PRINTER CHATSWORTH ELEMENTARY 9,800 STAGE RENOVATION SPRING PLACE ELEMENTARY 16,000 ESS STUDENT PLAYGROUND EQUIPMENT BAGLEY MIDDLE 14,000 DIGITAL SIGN NORTH MURRAY HIGH 9,880 HUDDLEBOXES GLADDEN MIDDLE 4,700 TROPHY DISPLAY CASE TOTAL GRANTS 66,718 REACH SCHOLARSHIP 1,000 TOTAL 67,718 | $67,718 | $67,718 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| DR TIM WRIGHT | Chairman | - | $0 | - | - |
| PHENNA PETTY | Secretary | - | $0 | - | - |
| STEPHEN C LOUGHRIDGE | Director | - | $0 | - | - |
| CHARLES PANNELL III | Director | - | $0 | - | - |
| JOHNNY WATERS | Director | - | $0 | - | - |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Spring Gala | $83,632 | $83,632 | - | $83,632 |
| Total Events | $83,632 | $83,632 | $19,669 | $63,963 |
“Name: murray county board of education address: 1006 green road chatsworth, ga 30705 cash contribution: 6,525 name: murray county board of education address: 1006 green road chatsworth, ga 30705 cash contribution: 9,800 name: murray county board of education address: 1006 green road chatsworth, ga 30705 cash contribution: 16,000 name: murray county board of education address: 1006 green road chatsworth, ga 30705 cash contribution: 14,000 name: murray county board of education address: 1006 green road chatsworth, ga 30705 cash contribution: 9,880”
“Expenses website 1,095 total 1,095”
“The murray county schools foundation inc (the foundation) was formed for the sole purpose of providing supplemental financial funding support for each of the individual public schools (k-12) within the murray county board of education school district which is a public school district in the state of georgia. All funds the foundation raises, either through a fundraising event or contributions received by donors, will go predominantly to the supplemental financial support of the respective schools with the exception of a nominal amount retained for certain small recurring operating expenses of the foundation. These funds will be given to the schools in the school district based upon a needs basis to help the schools to secure the necessary funding for, but not limited to, playground equipment, extra curricular activities and fine arts equipment.”
“Foundation used the net funds generated from its annual spring gala to fund grants to eight public schools in the murray county school district. The total of these grants were 66,718. In additon to the funding to the eight public schools, the foundation funded the reach scholarship totaling 1,000. This scholarship is awarded to a graduating twelfth grade senior from the two high schools in the murray board of education school district. The grants and scholarship benefitted approximately 3,508 students enrolled in the murray county school district. School amount purpose woodlawn elementary 6,525 stem room pleasant valley innov 4,000 outdoor activity and learning ctr northwest elementary 1,813 3d printer chatsworth elementary 9,800 stage renovation spring place elementary 16,000 ess student playground equipment bagley middle 14,000 digital sign north murray high 9,880 huddleboxes gladden middle 4,700 trophy display case total grants 66,718 reach scholarship 1,000 total 67,718”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE MURRAY COUNTY SCHOOLS FOUNDATION INC (THE FOUNDATION) WAS FORMED FOR THE SOLE PURPOSE OF PROVIDING SUPPLEMENTAL FINANCIAL FUNDING SUPPORT FOR EACH OF THE INDIVIDUAL PUBLIC SCHOOLS (K-12) WITHIN THE MURRAY COUNTY BOARD OF EDUCATION SCHOOL DISTRICT WHICH IS A PUBLIC SCHOOL DISTRICT IN THE STATE OF GEORGIA. ALL FUNDS THE FOUNDATION RAISES, EITHER THROUGH A FUNDRAISING EVENT OR CONTRIBUTIONS RECEIVED BY DONORS, WILL GO PREDOMINANTLY TO THE SUPPLEMENTAL FINANCIAL SUPPORT OF THE RESPECTIVE SCHOOLS WITH THE EXCEPTION OF A NOMINAL AMOUNT RETAINED FOR CERTAIN SMALL RECURRING OPERATING EXPENSES OF THE FOUNDATION. THESE FUNDS WILL BE GIVEN TO THE SCHOOLS IN THE SCHOOL DISTRICT BASED UPON A NEEDS BASIS TO HELP THE SCHOOLS TO SECURE THE NECESSARY FUNDING FOR, BUT NOT LIMITED TO, PLAYGROUND EQUIPMENT, EXTRA CURRICULAR ACTIVITIES AND FINE ARTS EQUIPMENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | FOUNDATION USED THE NET FUNDS GENERATED FROM ITS ANNUAL SPRING GALA TO FUND GRANTS TO EIGHT PUBLIC SCHOOLS IN THE MURRAY COUNTY SCHOOL DISTRICT. THE TOTAL OF THESE GRANTS WERE 66,718. IN ADDITON TO THE FUNDING TO THE EIGHT PUBLIC SCHOOLS, THE FOUNDATION FUNDED THE REACH SCHOLARSHIP TOTALING 1,000. THIS SCHOLARSHIP IS AWARDED TO A GRADUATING TWELFTH GRADE SENIOR FROM THE TWO HIGH SCHOOLS IN THE MURRAY BOARD OF EDUCATION SCHOOL DISTRICT. THE GRANTS AND SCHOLARSHIP BENEFITTED APPROXIMATELY 3,508 STUDENTS ENROLLED IN THE MURRAY COUNTY SCHOOL DISTRICT. SCHOOL AMOUNT PURPOSE WOODLAWN ELEMENTARY 6,525 STEM ROOM PLEASANT VALLEY INNOV 4,000 OUTDOOR ACTIVITY AND LEARNING CTR NORTHWEST ELEMENTARY 1,813 3D PRINTER CHATSWORTH ELEMENTARY 9,800 STAGE RENOVATION SPRING PLACE ELEMENTARY 16,000 ESS STUDENT PLAYGROUND EQUIPMENT BAGLEY MIDDLE 14,000 DIGITAL SIGN NORTH MURRAY HIGH 9,880 HUDDLEBOXES GLADDEN MIDDLE 4,700 TROPHY DISPLAY CASE TOTAL GRANTS 66,718 REACH SCHOLARSHIP 1,000 TOTAL 67,718 |
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| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | FOUNDATION USED THE NET FUNDS GENERATED FROM ITS ANNUAL SPRING GALA TO FUND GRANTS TO EIGHT PUBLIC SCHOOLS IN THE MURRAY COUNTY SCHOOL DISTRICT. THE TOTAL OF THESE GRANTS WERE 66,718. IN ADDITON TO THE FUNDING TO THE EIGHT PUBLIC SCHOOLS, THE FOUNDATION FUNDED THE REACH SCHOLARSHIP TOTALING 1,000. THIS SCHOLARSHIP IS AWARDED TO A GRADUATING TWELFTH GRADE SENIOR FROM THE TWO HIGH SCHOOLS IN THE MURRAY BOARD OF EDUCATION SCHOOL DISTRICT. THE GRANTS AND SCHOLARSHIP BENEFITTED APPROXIMATELY 3,508 STUDENTS ENROLLED IN THE MURRAY COUNTY SCHOOL DISTRICT. SCHOOL AMOUNT PURPOSE WOODLAWN ELEMENTARY 6,525 STEM ROOM PLEASANT VALLEY INNOV 4,000 OUTDOOR ACTIVITY AND LEARNING CTR NORTHWEST ELEMENTARY 1,813 3D PRINTER CHATSWORTH ELEMENTARY 9,800 STAGE RENOVATION SPRING PLACE ELEMENTARY 16,000 ESS STUDENT PLAYGROUND EQUIPMENT BAGLEY MIDDLE 14,000 DIGITAL SIGN NORTH MURRAY HIGH 9,880 HUDDLEBOXES GLADDEN MIDDLE 4,700 TROPHY DISPLAY CASE TOTAL GRANTS 66,718 REACH SCHOLARSHIP 1,000 TOTAL 67,718 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | THE MURRAY COUNTY SCHOOLS FOUNDATION PROVIDED SUPPORT TO EIGHT SCHOOLS IN THE MURRAY COUNTY BOARD OF EDUCATION SCHOOL DISTRICT AND FUNDED A SCHOLARSHIP(REACH SCHOLARSHIP)THAT IS AWARDED TO A GRADUATING TWELFTH GRADE SENIOR IN THE SCHOOL SYSTEM PURSUING FURTHER EDUCAION AT A COLLEGE OR TECHNICAL SCHOOL. THESE EIGHT PUBLIC SCHOOLS WERE: WOODLAWN ELEMENTARY (GRADES K-6) PLEASANT VALLEY INNOVATIVE (GRADES 6-12) NORTHWEST ELEMENTARY (GRADES K-6) CHATSWORTH ELEMENTARY (GRADES K-6) SPRING PLACE ELEMENTARY (GRADES K-6) BAGLEY MIDDLE (GRADES 7-8) NORTH MURRAY HIGH (GRADES 9-12) GLADDEN MIDDLE (GRADES 7-8) THE SUPPORT PROVIDED TO THESE EIGHT SCHOOLS WAS BASED UPON REQUESTS MADE BY THE ADMINISTRATION OF THESE SCHOOLS FOR FINANCIAL ASSISTANCE IN FUNDING PROJECTS AT THE RESPECTIVE SCHOOLS TO PROVIDE THE SCHOOLS THE ABILITY TO SERVE THE NEEDS OF THEIR STUDENT POPULATIONS. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | PART IV, SECTION E, LINE 2A |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | NAME: MURRAY COUNTY BOARD OF EDUCATION ADDRESS: 1006 GREEN ROAD CHATSWORTH, GA 30705 CASH CONTRIBUTION: 6,525 NAME: MURRAY COUNTY BOARD OF EDUCATION ADDRESS: 1006 GREEN ROAD CHATSWORTH, GA 30705 CASH CONTRIBUTION: 9,800 NAME: MURRAY COUNTY BOARD OF EDUCATION ADDRESS: 1006 GREEN ROAD CHATSWORTH, GA 30705 CASH CONTRIBUTION: 16,000 NAME: MURRAY COUNTY BOARD OF EDUCATION ADDRESS: 1006 GREEN ROAD CHATSWORTH, GA 30705 CASH CONTRIBUTION: 14,000 NAME: MURRAY COUNTY BOARD OF EDUCATION ADDRESS: 1006 GREEN ROAD CHATSWORTH, GA 30705 CASH CONTRIBUTION: 9,880 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES WEBSITE 1,095 TOTAL 1,095 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE MURRAY COUNTY SCHOOLS FOUNDATION INC (THE FOUNDATION) WAS FORMED FOR THE SOLE PURPOSE OF PROVIDING SUPPLEMENTAL FINANCIAL FUNDING SUPPORT FOR EACH OF THE INDIVIDUAL PUBLIC SCHOOLS (K-12) WITHIN THE MURRAY COUNTY BOARD OF EDUCATION SCHOOL DISTRICT WHICH IS A PUBLIC SCHOOL DISTRICT IN THE STATE OF GEORGIA. ALL FUNDS THE FOUNDATION RAISES, EITHER THROUGH A FUNDRAISING EVENT OR CONTRIBUTIONS RECEIVED BY DONORS, WILL GO PREDOMINANTLY TO THE SUPPLEMENTAL FINANCIAL SUPPORT OF THE RESPECTIVE SCHOOLS WITH THE EXCEPTION OF A NOMINAL AMOUNT RETAINED FOR CERTAIN SMALL RECURRING OPERATING EXPENSES OF THE FOUNDATION. THESE FUNDS WILL BE GIVEN TO THE SCHOOLS IN THE SCHOOL DISTRICT BASED UPON A NEEDS BASIS TO HELP THE SCHOOLS TO SECURE THE NECESSARY FUNDING FOR, BUT NOT LIMITED TO, PLAYGROUND EQUIPMENT, EXTRA CURRICULAR ACTIVITIES AND FINE ARTS EQUIPMENT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | FOUNDATION USED THE NET FUNDS GENERATED FROM ITS ANNUAL SPRING GALA TO FUND GRANTS TO EIGHT PUBLIC SCHOOLS IN THE MURRAY COUNTY SCHOOL DISTRICT. THE TOTAL OF THESE GRANTS WERE 66,718. IN ADDITON TO THE FUNDING TO THE EIGHT PUBLIC SCHOOLS, THE FOUNDATION FUNDED THE REACH SCHOLARSHIP TOTALING 1,000. THIS SCHOLARSHIP IS AWARDED TO A GRADUATING TWELFTH GRADE SENIOR FROM THE TWO HIGH SCHOOLS IN THE MURRAY BOARD OF EDUCATION SCHOOL DISTRICT. THE GRANTS AND SCHOLARSHIP BENEFITTED APPROXIMATELY 3,508 STUDENTS ENROLLED IN THE MURRAY COUNTY SCHOOL DISTRICT. SCHOOL AMOUNT PURPOSE WOODLAWN ELEMENTARY 6,525 STEM ROOM PLEASANT VALLEY INNOV 4,000 OUTDOOR ACTIVITY AND LEARNING CTR NORTHWEST ELEMENTARY 1,813 3D PRINTER CHATSWORTH ELEMENTARY 9,800 STAGE RENOVATION SPRING PLACE ELEMENTARY 16,000 ESS STUDENT PLAYGROUND EQUIPMENT BAGLEY MIDDLE 14,000 DIGITAL SIGN NORTH MURRAY HIGH 9,880 HUDDLEBOXES GLADDEN MIDDLE 4,700 TROPHY DISPLAY CASE TOTAL GRANTS 66,718 REACH SCHOLARSHIP 1,000 TOTAL 67,718 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 28 |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | CHATSWORTH |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 30705 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | false |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 581762926 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | ACREE JINRIGHT LEONARD & CO PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 212 W GORDON ST |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | DALTON |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | GA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 307204211 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7062785853 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-11-13 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | MITCHELL N LEONARD CPA |
| ReturnHeader/ReturnTs | 0 | 2025-11-13T14:50:09-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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