Monmouth Ocean Development Council Education Foundation Inc
- Assets
- $27.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wall, NJ
- Founding
- 06/1994
- Data as of
- 06/2022
- EIN
- 22-3190853
Organization Overview
Monmouth Ocean Development Council Education Foundation Inc is located in Wall, NJ. The organization was established in 1994. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. Monmouth Ocean Development Council 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, Monmouth Ocean Development Council Education Foundation Inc generated $8.6k 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 (3.2%) each year. All expenses for the organization totaled $8.6k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
OFFER SCHOLARSHIPS TO PARTICIPANTS ATTENDING COLLEGE IN MONMOUTH AND OCEAN COUNTIES IN THE STATE OF NEW JERSEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Maurer Treasurer | 6 | $0 | |
Allison Wilson Secretary | 6 | $0 | |
Jan Mahlmann Vice President | 6 | $0 | |
Ben Waldron Director | 40 | $0 | |
Charles Melita President | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,572 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $58 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,630 |
| 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 | $1,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,066 |
| Total expenses | $8,566 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $27,138 |
| Other assets | $0 |
| Total assets | $27,138 |
| Total liabilities | $0 |
| Net assets or fund balances | $27,138 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Monmouth Ocean Development Council Education Foundation Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Capodagli Charitable Foundation A Nj Nonprofit Corporation Linden, NJ PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATION'S EXEMPT PURPOSE. | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of Hospital Medicine Philadelphia, PA | $18,912,774 | $11,282,806 |
Pennsylvania School Boards Association Inc Mechanicsburg, PA | $12,806,871 | $8,442,070 |
Foundation For Educational Administration Monroe Twp, NJ | $7,493,691 | $6,007,495 |
National Association Of Colleges And Employers Bethlehem, PA | $16,581,342 | $8,504,625 |
Delaware State Education Association Dover, DE | $9,815,225 | $5,886,540 |
Center For Educational Innovation New York, NY | $3,305,790 | $4,609,505 |
International Literacy Association Newark, DE | $6,658,343 | $4,057,969 |
American Federation Of Teachers Buffalo, NY | $5,936,673 | $3,712,581 |
Living Independently Is For Everyone At Rcil Inc Utica, NY | $1,208,648 | $3,312,163 |
Association Of School Business Officials International Harrisburg, PA | $6,658,809 | $3,601,087 |
Caucus Educational Corporation Inc Verona, NJ | $4,412,371 | $3,782,556 |
American Federation Of Teachers Syracuse, NY | $1,937,593 | $2,702,406 |