Craigielea Educational Fund Inc
- Assets
- $1.4m
- Revenue
- $155.2k
- Investments
- $1.1m
- Employees
- 0
- Location
- Bridgeport, CT
- Founding
- 07/1950
- Data as of
- 04/2024
- EIN
- 16-6048156
Organization Overview
Craigielea Educational Fund Inc is located in Bridgeport, CT. The organization was established in 1950. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Craigielea Educational Fund 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 04/2024, Craigielea Educational Fund Inc generated $155.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 38.6% each year . All expenses for the organization totaled $85.5k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James E Bennett Director | 0 | $0 | |
Rob Canizares Director | 0 | $0 | |
David B Collum Director | 0 | $0 | |
Jerry Day Director | 0 | $0 | |
John Fauchet Director | 0 | $0 | |
Morgan Mcgowen Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $91,243 |
| Interest on Savings | $21 |
| Dividends & Interest | $27,009 |
| Net Rental Income | $18,311 |
| Net Gain on Sale of Assets | $6,513 |
| Capital Gain Net Income | $6,513 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $155,182 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $621 |
| Depreciation | $12,085 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $6,553 |
| Total operating and administrative expenses | $34,552 |
| Contributions, gifts, grants paid | $50,940 |
| Total expenses and disbursements | $85,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $104,426 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $237,010 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,074,467 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,415,903 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |