Glastonbury Education Foundation
- Assets
- $122.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Glastonbury, CT
- Founding
- 11/1999
- Data as of
- 06/2023
- EIN
- 06-1543923
Organization Overview
Glastonbury Education Foundation is located in Glastonbury, CT. The organization was established in 1999. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Glastonbury Education Foundation 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, Glastonbury Education Foundation generated $78.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $50.7k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE EXCELLENCE, INNOVATION, AND CREATIVITY IN EDUCATION FOR OUR CHILDREN AND COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erika Schwartz Chair | 2 | $0 | |
Rich Twilley Vice Chair | 2 | $0 | |
Joanne Fontana Treasurer | 2 | $0 | |
Kristen Davis Co Chair | 2 | $0 | |
Valerie Calciano Chair | 2 | $0 | |
Lindsay Auger Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,709 |
| Total Program Service Revenue | $48,032 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $24,691 |
| Other Revenue | $1,752 |
| Total Revenue | $78,189 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $27,302 |
| Professional fees and other payments to independent contractors | $1,345 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $860 |
| Other expenses | $3,179 |
| Total expenses | $50,686 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $122,903 |
| Other assets | $0 |
| Total assets | $122,903 |
| Total liabilities | $24,638 |
| Net assets or fund balances | $98,265 |