Piscataway Township Education Foundation
- Assets
- $46.7k
- Revenue
- $4.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Piscataway, NJ
- Founding
- 05/1993
- Data as of
- 06/2022
- EIN
- 22-3185811
Organization Overview
Piscataway Township Education Foundation is located in Piscataway, NJ. The organization was established in 1993. 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. Piscataway Township 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 06/2022, Piscataway Township Education Foundation generated $4.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (25.4%) each year. All expenses for the organization totaled $11.3k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (18.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Piscataway Township Education Foundation has awarded 20 individual grants totaling $197,269. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Georgeian Trustee | 1 | $0 | |
Robin Gwatheny Trustee | 1 | $0 | |
Shelia Hobson Trustee | 1 | $0 | |
Aretha Martin Trustee | 1 | $0 | |
Tracey Miller Trustee | 1 | $0 | |
William Mikita Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,797 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,881 |
| Total Revenue | $4,678 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,965 |
| Total operating and administrative expenses | $4,465 |
| Contributions, gifts, grants paid | $6,800 |
| Total expenses and disbursements | $11,265 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $46,726 |
| 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 | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $46,726 |
| 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 |
Grants Awarded
Over the last fiscal year, Piscataway Township Education Foundation has awarded $6,800 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PISCATAWAY BOARD OF EDUCATION PURPOSE: STAFF APPRECIATION BREAKFAST | $3,800 |
ANIKA MELCOTE PURPOSE: 2022 GRAD-SCHOLARSHIP GRANT | $1,000 |
NICHOLAS MORGAN PURPOSE: 2022 GRAD-SCHOLARSHIP GRANT | $1,000 |
ZOYA AKHTAR PURPOSE: 2022 GRAD-SCHOLARSHIP GRANT | $1,000 |