Ridgewood Education Foundation is located in Ridgewood, NJ. The organization was established in 1990. 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. Ridgewood Education 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 12/2023, Ridgewood Education Foundation generated $26.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (15.1%) each year. All expenses for the organization totaled $46.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (13.2%) per year over the past 9 years. 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 Program Activity:
Part 3
GRANT FUNDING TO THE RIDGEWOOD PUBLIC SCHOOLS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Paul Mccarthy President | 3 | $0 | |
Kathy Marshall Vice President | 3 | $0 | |
Tara Briganti Treasurer | 3 | $0 | |
Marie Malloy Secretary | 3 | $0 | |
Ann Alvarado Trustee | 3 | $0 | |
Valerie Auyeung Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $10,712 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $11,546 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $4,500 |
Other Revenue | $0 |
Total Revenue | $26,758 |
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 | $1,095 |
Occupancy, rent, utilities, and maintenance | $2,425 |
Printing, publications, postage, and shipping | $19 |
Other expenses | $3,100 |
Total expenses | $46,639 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $100,908 |
Other assets | $0 |
Total assets | $359,490 |
Total liabilities | $0 |
Net assets or fund balances | $359,490 |