Manasquan High School Endowment And Alumni Fund
- Assets
- $139.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Manasquan, NJ
- Founding
- 03/1991
- Data as of
- 06/2023
- EIN
- 22-3005076
Organization Overview
Manasquan High School Endowment And Alumni Fund is located in Manasquan, NJ. The organization was established in 1991. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Manasquan High School Endowment And Alumni Fund 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 06/2023, Manasquan High School Endowment And Alumni Fund generated $147.6k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 48.0% each year . All expenses for the organization totaled $150.6k during the year ending 06/2023. While expenses have increased by 43.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE WELFARE OF CHILDREN AND YOUTH IN THE HOME, SCHOOL AND COMMUNITY; TO RAISE THE STANDARDS OF THE HOME LIFE; AND TO BRING INTO CLOSER RELATION THE HOME AND THE SCHOOL, THAT PARENTS AND TEACHERS MAY COOPERATE INTELLIGENTLY IN THE TRAINING OF CHILDREN.
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS PAID TO MANASQUAN HIGH SCHOOL STUDENTS
SCHOLARSHIPS PAID TO MANASQUAN HIGH SCHOOL STUDENTS
DONATIONS TO MANASQUAN HIGH SCHOOL
DONATIONS TO MANASQUAN HIGH SCHOOL
DONATIONS TO OTHER CHARITIES
DONATIONS TO OTHER CHARITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Schatzman President | 5 | $0 | |
Anne Michals Vice-Preside | 5 | $0 | |
Rick Coppola Secretary | 5 | $0 | |
Tedd M Vitale CPA Treasurer | 5 | $0 | |
Jeffrey Osborn Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $131,860 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,512 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,277 |
| Other Revenue | $0 |
| Total Revenue | $147,649 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $487 |
| Other expenses | $8,647 |
| Total expenses | $150,598 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $139,247 |
| Other assets | $0 |
| Total assets | $139,247 |
| Total liabilities | $0 |
| Net assets or fund balances | $139,247 |