Sudbury Education Resource Fund Inc
- Assets
- $164.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Sudbury, MA
- Founding
- 03/1992
- Data as of
- 08/2023
- EIN
- 22-3148328
Organization Overview
Sudbury Education Resource Fund Inc is located in Sudbury, MA. The organization was established in 1992. 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. Sudbury Education Resource 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 08/2023, Sudbury Education Resource Fund Inc generated $23.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (10.2%) each year. All expenses for the organization totaled $44.7k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (10.9%) per year over the past 8 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
GRANTS MADE TO SUDBURY PUBLIC SCHOOLS AND LINCOLN SUDBURY REGIONAL HIGH SCHOOL DIRECTLY AFFECTING THE QUALITY OF EDUCATION FOR LOCAL STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Mahoney Treasurer | 1 | $0 | |
JD Douglas Board Member | 1 | $0 | |
Liz Adams Board Member | 1 | $0 | |
Sonal Bhandary Clerk | 1 | $0 | |
Liz Van Hooser Board Member | 1 | $0 | |
Emilie Huck Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,287 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,013 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,493 |
| Other Revenue | $0 |
| Total Revenue | $23,793 |
| 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 | $1,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $270 |
| Other expenses | $5,042 |
| Total expenses | $44,704 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $164,918 |
| Other assets | $0 |
| Total assets | $164,918 |
| Total liabilities | $2,100 |
| Net assets or fund balances | $162,818 |