Shelter Island Educational Foundation Inc
- Assets
- $349.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shelter Island, NY
- Founding
- 12/1995
- Data as of
- 08/2023
- EIN
- 11-3293352
Organization Overview
Shelter Island Educational Foundation Inc is located in Shelter Island, NY. The organization was established in 1995. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Shelter Island Educational 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 08/2023, Shelter Island Educational Foundation Inc generated $53.7k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $73.1k during the year ending 08/2023. 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 MISSION OF THE SHELTER ISLAND EDUCATIONAL FOUNDATION IS TO PURSUE, CREATE AND PROVIDE EXCELLENT EDUCATIONAL OPPORTUNITIES THAT ENHANCE, INSPIRE AND BROADEN THE HORIZONS OF THE CHILDREN OF THE LOCAL COMMUNITY.
Describe the Organization's Program Activity:
Part 3
SCHOOL PROGRAMS - GRANTS TO FUND MUSIC, ART AND OTHER EDUCATIONAL PROGRAMS AND TRIPS NOT PROVIDED FOR IN THE SHELTER ISLAND SCHOOL BUDGET
SCHOLARSHIPS - GRANTS FOR SCHOLARSHIPS FOR STUDENTS AND TEACHERS
OTHER EDUCATIONAL - GRANTS TO FUND PROGRAMS SPONSORED BY SI PRESBYTERIAN PRESCHOOL, GIRL SCOUTS AND THE SHELTER ISLAND PUBLIC LIBRARY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Colligan Trustee | 1 | $0 | |
Bente Frantz Trustee | 1 | $0 | |
Karin Mayer Assistant Tr | 1 | $0 | |
Janine Mahoney Vice Preside | 1 | $0 | |
Lydia Majdiscova Martinez President | 2 | $0 | |
FR Charles Mccarron Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,569 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,170 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,913 |
| Other Revenue | $0 |
| Total Revenue | $53,652 |
| 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 | $5,746 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $350 |
| Other expenses | $67,039 |
| Total expenses | $73,135 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $349,179 |
| Other assets | $0 |
| Total assets | $349,179 |
| Total liabilities | $768 |
| Net assets or fund balances | $348,411 |