Regional Multicultural Magnet School Foundation Inc
- Assets
- $292.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New London, CT
- Founding
- 12/1997
- Data as of
- 06/2016
- EIN
- 06-1484526
Organization Overview
Regional Multicultural Magnet School Foundation Inc is located in New London, CT. The organization was established in 1997. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Regional Multicultural Magnet School 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3
THE MAGNET EDUCATIONAL FOUNDATION RAISES MONEY TO SUPPORT ACTIVITIES AND PROGRAMS THAT CAN NOT BE FUNDED THROUGH THE BUDGET AT THE REGIONAL MULTICULTURAL MAGNET SCHOOL. THE FOUNDATION HAS FUNDED AUTHOR VISITORS, FIELD TRIPS, SCIENCE LAB, READING LAB AND NUMBEROUS ADVANCE EDUCATIONAL OPPORTUNITIES FOR THE TEACHERS OF THE SCHOOL. THESE ACTIVITIES ARE BENEFICIAL TO THE STUDENTS, FACULTY AND COMMUNITY OF THE SCHOOL. THE SUPPORT OF THE FOUNDATION HAS GREATLY ENHANCED THE MULTICULTURAL BELIEFS OF THE SCHOOL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Lahti President | 1 | $0 | |
Yelena Bergman Vice President | 1 | $0 | |
Mari Kodama Treasurer | 2 | $0 | |
Sarah Magee Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,338 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $18,656 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,352 |
| Other Revenue | $0 |
| Total Revenue | $70,346 |
| 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 | $1,368 |
| Printing, publications, postage, and shipping | $2,379 |
| Other expenses | $20,299 |
| Total expenses | $24,046 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $292,272 |
| Other assets | $0 |
| Total assets | $292,272 |
| Total liabilities | $0 |
| Net assets or fund balances | $292,272 |