Westborough Education Foundation Inc is located in Westborough, MA. The organization was established in 1997. According to its NTEE Classification (B05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Westborough Education Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2022, Westborough Education Foundation Inc generated $70.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.0%) each year. All expenses for the organization totaled $27.9k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (7.5%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
AWARD GRANTS TO APPLICANTS, FOLLOWING EVALUATION PROCESS, TO FUND INNOVATIVE EDUCATIONAL PROGRAMS, IN ACCORDANCE WITH ARTICLES OF ORGANIZATION AND OUR EXEMPT PURPOSE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Diane Bacon Director | 1 | $0 | |
Ann Bartee Director | 1 | $0 | |
Jane O'neil Director | 1 | $0 | |
Michelle French Director | 1 | $0 | |
Audrey Kavanagh Director | 1 | $0 | |
Sara Dullea Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $30,735 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $10,545 |
Gain or Loss | $5,143 |
Net Income from Gaming & Fundraising | $24,135 |
Other Revenue | $0 |
Total Revenue | $70,558 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $6,253 |
Total expenses | $27,935 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $380,594 |
Other assets | $0 |
Total assets | $380,594 |
Total liabilities | $0 |
Net assets or fund balances | $380,594 |
Over the last fiscal year, we have identified 2 grants that Westborough Education Foundation Inc has recieved totaling $1,444.
Awarding Organization | Amount |
---|---|
Fidelity Foundation Boston, MA PURPOSE: MATCHING GIFTS TO EDUCATION | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $444 |
Organization Name | Assets | Revenue |
---|---|---|
Education Reform Now Advocacy Inc New York, NY | $9,049,502 | $13,254,867 |
Education Reform Now Inc New York, NY | $12,856,272 | $9,742,321 |
Zuckerman Institute Charitable Uta 09302015 New York, NY | $457,938 | $7,031,465 |
Calyx Institute Brooklyn, NY | $4,391,437 | $6,703,987 |
Campus Compact Boston, MA | $2,930,117 | $3,976,934 |
Eskolta School Research And Design Inc New York, NY | $3,454,540 | $3,524,860 |
Heterodox Academy New York, NY | $1,652,564 | $2,832,778 |
Center Of Complex Interventions Inc Wellesley, MA | $1,309,883 | $3,150,464 |
Center For Curriculum Redesign Boston, MA | $2,918,305 | $3,304,952 |
Security Council Report Inc New York, NY | $2,448,475 | $3,033,079 |
Rennie Center For Education Research & Policy Inc Boston, MA | $2,519,335 | $3,657,874 |
Conservatory Lab Foundation Inc Boston, MA | $26,012,397 | $3,251,807 |