Auburn Education Foundation Inc
- Assets
- $849.3k
- Revenue
- $129.2k
- Investments
- $811.0k
- Employees
- 0
- Location
- Auburn, NY
- Founding
- 02/2004
- Data as of
- 06/2022
- EIN
- 20-0172535
Organization Overview
Auburn Education Foundation Inc is located in Auburn, NY. The organization was established in 2004. 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. Auburn Education 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 06/2022, Auburn Education Foundation Inc generated $129.2k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 59.5% each year . All expenses for the organization totaled $69.6k during the year ending 06/2022. While expenses have increased by 16.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT AN ACADEMIC ENVIRONMENT THAT INSPIRES OUR STUDENTS AND COMMUNITY TO EMBRACE A LIFELONG LOVE OF LEARNING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL INSTITUTIONS AND RELATED ACTIVITIES: PROVIDED EDUCATOR GRANTS TO AUBURN SCHOOL DISTRICT TEACHERS SUPPORTING INNOVATIVE PROGRAMMING FOR ACADEMICS, PHYSICAL EDUCATION AND CHARACTER EDUCATION (1,000 STUDENTS)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Miguelina Cuevas-Post President | OfficerTrustee | 6 | $0 |
William Tenity Vice President | OfficerTrustee | 6 | $0 |
Denise Pellegrino Secretary | OfficerTrustee | 6 | $0 |
Marianne O'connor Treasurer | OfficerTrustee | 6 | $0 |
Carmela Barbagallo Director | Trustee | 2 | $0 |
Kathie Rhodes Director | 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 | $47,178 |
| Noncash contributions included in lines 1a–1f | $1,740 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,178 |
| Total Program Service Revenue | $0 |
| Investment income | $27,577 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $48,676 |
| Net Income from Fundraising Events | $5,762 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $129,193 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $45,849 |
| Grants and other assistance to domestic individuals. | $4,500 |
| 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 | $2,125 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $8,182 |
| Fees for services: Other | $0 |
| Advertising and promotion | $3,577 |
| 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 | $1,167 |
| Insurance | $820 |
| All other expenses | $836 |
| Total functional expenses | $69,636 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $31,687 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $4,496 |
| Net Land, buildings, and equipment | $2,187 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $810,972 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $849,342 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $210,540 |
| Net assets with donor restrictions | $638,802 |
| 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 | $849,342 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Auburn Education Foundation Inc has recieved totaling $130.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $130 |
The Schwartz Family Foundation Inc Henrietta, NY PURPOSE: EDUCATION | $0 |
Endowment Analysis
| Beg. Balance | $686,328 |
| Earnings | -$50,101 |
| Admin Expense | $2,864 |
| Net Contributions | $20,000 |
| Ending Balance | $653,363 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Five Colleges Incorporated Amherst, MA | $34,378,872 | $10,361,692 |
Suny Impact Foundation Inc New York, NY | $1,805,430 | $8,847,404 |
Poughkeepsie Public School Teachers Asso Trust Fund Poughkeepsie, NY | $14,239,734 | $11,580,276 |
Elevate 215 Philadelphia, PA | $9,991,857 | $10,518,985 |
Meged Shomayim Airmont, NY | $573,750 | $8,461,954 |
Nli Usa Inc New York, NY | $11,341,396 | $10,639,057 |
Excellence Community Schools Inc Bronx, NY | $14,097,138 | $10,250,785 |
Futures In Education Brooklyn, NY | $11,663,497 | $8,970,011 |
National Center For Hebrew Language Charter School Excellence New York, NY | $4,301,333 | $7,260,290 |
Mastery Charter Schools Foundation Philadelphia, PA | $112,317,090 | $8,533,885 |
Research Collections And Preservation Consortium Inc Princeton, NJ | $56,454,726 | $4,069,858 |
Mccarton Foundation For Developmental Disabilities Inc Bronx, NY | $2,852,729 | $6,603,484 |