Norwalk Education Foundation Inc
- Assets
- $172.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norwalk, CT
- Founding
- 03/1998
- Data as of
- 06/2023
- EIN
- 06-1498087
Organization Overview
Norwalk Education Foundation Inc is located in Norwalk, CT. The organization was established in 1998. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. Norwalk 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 06/2023, Norwalk Education Foundation Inc generated $14.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (26.3%) each year. All expenses for the organization totaled $55.5k during the year ending 06/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE NORWALK EDUCATION FOUNDATION'S MISSION IS TO PROVIDE SUPPORT FOR WHOLE STUDENT LEARNING EXPERIENCES AND ENRICH TEACHING PRACTICES. THIS IS ACCOMPLISHED BY COLLABORATING WITH COMMUNITY PARTNERS TO FUND PROGRAMS THAT ENHANCE STUDENT LEARNING, PROMOTE STUDENT WELL-BEING, AND EXPAND TEACHER RESOURCES.
Describe the Organization's Program Activity:
Part 3
CLASSROOM GRANTS FOR EXCELLENCE - EACH YEAR, NEF AWARDS GRANTS FOR PROPOSALS IN ALL SUBJECT AREAS THAT FOSTER, AMONG OTHER CRITERIA, OVERALL VALUE AND CREATIVITY, COLLABORATING AMONG GRADES, CLASSES AND CULTURES, PARTNERSHIPS WITH PARENTS AND THE COMMUNITY, MEETING CURRICULUM OBJECTIVES, IMPROVING OPPORTUNITY AND ACHIVEMENT, A CLEARLY DEFINED EVALUATION PROCESS, LONG TERM SUSTAINABILITY, AND REPLICATION POTENTIAL FOR OTHER SCHOOLS.
COLLEGE READINESS - COLLEGE READINESS PROGRAMS HELP PREPARE NORWALK PUBLIC SCHOOL STUDENTS FOR COLLEGE SUCCESS THROUGH MENTORING, SAT PREPARATION, COLLEGE PLANNING AND ASSISTANCE WITH COLLEGE ESSAY WRITTING. COMMUNITY OUTREACH - THIS CATEGORY INCLUDES OTHER EDUCATION ADVOCACY COSTS AND PARTNERSHIP PROGRAMS.
EXCELLENCE IN EDUCATION AWARDS - THE EXCELLENCE IN EDUCATION AWARDS WERE LAUNCHED DURING FISCAL YEAR 2017. THE PROGRAM RECOGNIZES TEACHERS FROM NORWALK PUBLIC SCHOOLS FOR THEIR EXCELLENCE THROUGHOUT THE SCHOOL YEAR.
STUDENT LEARNING & WELL BEING - STUDENT LEARNING & WELL-BEING FOCUSES ON THE OVERALL WELLNESS OF THE STUDENTS BY PROVIDING ACTIVITIES FOCUSED ON THE MENTAL HEALTH AND FITNESS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Costa Int. Exec. D | 10 | $12,674 | |
Kelley Hefferan Co-Treasurer | 1 | $0 | |
Linda Dunsmore Co-Treasurer | 1 | $0 | |
Kathryn Dekempa Director | 1 | $0 | |
Roz Mccarthy Secretary | 1 | $0 | |
Ralph Valenzisi Nps Represen | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,790 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $51 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$33,480 |
| Other Revenue | $0 |
| Total Revenue | $14,361 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $12,674 |
| Professional fees and other payments to independent contractors | $2,440 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $86 |
| Other expenses | $40,308 |
| Total expenses | $55,508 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $171,580 |
| Other assets | $0 |
| Total assets | $171,970 |
| Total liabilities | $56 |
| Net assets or fund balances | $171,914 |