Shelter Island Educational Foundation Inc
- Assets
- $368.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Shelter Island, NY
- Founding
- 12/1995
- Data as of
- 08/2022
- 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 08/2022, Shelter Island Educational Foundation Inc generated $117.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $83.8k during the year ending 08/2022. While expenses have increased by 5.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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 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 |
|---|---|---|---|
Bente Franz Trustee | 1 | $0 | |
Karin Mayer Treasurer | 1 | $0 | |
Janine Mahoney President | 2 | $0 | |
Margaret Colligan Trustee | 1 | $0 | |
Lydia Majdiscova Martinez Vice Preside | 1 | $0 | |
FR Charles Mccarron Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,256 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,542 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,872 |
| Other Revenue | $0 |
| Total Revenue | $117,670 |
| 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 | $5,846 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $430 |
| Other expenses | $77,507 |
| Total expenses | $83,783 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $368,157 |
| Other assets | $0 |
| Total assets | $368,157 |
| Total liabilities | $262 |
| Net assets or fund balances | $367,895 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Shelter Island Educational Foundation Inc has recieved totaling $1,550.
| Awarding Organization | Amount |
|---|---|
Victoria Loconsolo Foundation Inc Brooklyn, NY PURPOSE: FOR GENERAL CHARITABLE PURPOSES | $1,000 |
Kasowitz Family Foundation Inc New York, NY PURPOSE: UNRESTRICTED CHARITABLE USE | $550 |
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|---|---|---|
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