Foundation For Deaf Education
- Assets
- $1.1m
- Revenue
- $119.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Buffalo, NY
- Founding
- 08/1997
- Data as of
- 06/2021
- EIN
- 16-1465013
Organization Overview
Foundation For Deaf Education, operating under the name St Mary's School For The Deaf Foundation, is located in Buffalo, NY. The organization was established in 1997. According to its NTEE Classification (B28) the organization is classified as: Special Education, 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. St Mary's School For The Deaf 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 06/2021, St Mary's School For The Deaf Foundation generated $119.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.2%) each year. All expenses for the organization totaled $90.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE THE QUALITY OF LIFE FOR STUDENTS AT ST. MARY'S SCHOOL FOR THE DEAF BY SUPPORTING INITIATIVES THAT FUND SCHOOL PROGRAM ACTIVITIES AS WELL AS PROMOTE PUBLIC AWARENESS OF THE SCHOOL AND DEAF CULTURE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RECEIVE AND ADMINISTER FUNDS FOR SCIENTIFIC, EDUCATIONAL AND CHARITABLE PURPOSES FOR DEAF AND HARD OF HEARING PERSONS IN ORDER TO IMPROVE THEIR QUALITY OF LIFE BY THEIR PHYSICAL AND MENTAL BETTERMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Boyd Earl President | OfficerTrustee | 2 | $0 |
Lawrence T Mcgowan Vice President | OfficerTrustee | 2 | $0 |
Michael J Grimaldi Treasurer | OfficerTrustee | 2 | $0 |
Peter Starkey Secretary | Trustee | 2 | $0 |
Gretchen Mullen Board Member | Trustee | 2 | $0 |
Martin Griffith Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $42,634 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,634 |
| Total Program Service Revenue | $0 |
| Investment income | $17,477 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $59,442 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $119,578 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $72,580 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $4,691 |
| Fees for services: Other | $360 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,983 |
| All other expenses | $0 |
| Total functional expenses | $90,495 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,301 |
| Savings and temporary cash investments | $57,663 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,345 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $1,020,610 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,084,919 |
| Accounts payable and accrued expenses | $4,297 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,297 |
| Net assets without donor restrictions | $927,493 |
| Net assets with donor restrictions | $153,129 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,084,919 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Foundation For Deaf Education has recieved totaling $5,147.
| Awarding Organization | Amount |
|---|---|
The Frank G Raichle Foundation Buffalo, NY PURPOSE: GENERAL PURPOSE | $5,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $147 |
Endowment Analysis
| Beg. Balance | $85,873 |
| Earnings | $14,215 |
| Ending Balance | $100,088 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Little Peoples School Inc West Newton, MA | $3,783,797 | $9,734,167 |
Vista School Hershey, PA | $6,322,785 | $9,402,300 |
New Interdisciplinary School Inc Yaphank, NY | $10,692,281 | $9,855,855 |
St John Vianney Center Downingtown, PA | $10,948,461 | $10,648,178 |
Childrens Center For Communication Inc Beverly, MA | $12,857,104 | $9,864,816 |
Life Adjustment Center Inc New York, NY | $5,492,484 | $9,560,061 |
Benchmark School Media, PA | $22,463,904 | $10,563,762 |
Search Day Program Ocean, NJ | $6,994,737 | $9,321,529 |
Uncommon Thread Stirling, NJ | $6,265,975 | $10,627,748 |
Reece School New York, NY | $10,919,210 | $9,359,473 |
Newgrange School Of Princeton Inc Pennington, NJ | $7,613,148 | $7,731,580 |
Pace School Pittsburgh, PA | $7,387,935 | $8,521,268 |