Friends Of Quality Education Inc
- Assets
- $204.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Arlington, NJ
- Founding
- 07/1994
- EIN
- 22-3285118
Organization Overview
Friends Of Quality Education Inc is located in North Arlington, NJ. The organization was established in 1994. 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 the central organization for a national or regional group of organizations. Friends Of Quality Education 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 undefined, Friends Of Quality Education Inc generated $103.3k 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 (25.2%) each year. All expenses for the organization totaled $12.5k during the year ending undefined. As we would expect to see with falling revenues, expenses have declined by (46.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
Describe the Organization's Mission:
Part 3 - Line 1
FRIENDS OF BELOVED COMUNNITY CHARTER SCHOOL, INC. PROVIDES SUPPORT TO CHARITABLE ORGANIZATIONS IN HUDSON COUNTY EMPHASIZING A QUALITY EDUCATION FOR CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
FRIENDS OF BELOVED COMMUNITY CHARTER SCHOOL, INC. PROVIDES SUPPORT TO CHARITABLE ORGANIZATIONS IN HUDSON COUNTY EMPHASIZING A QUALITY EDUCATION FOR CHILDREN. SPECIFICALLY, AT PRESENT, IT PROVIDES FACILITIES FOR A CHARTER SCHOOL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dominick D'agosta Trustee | Trustee | 1 | $0 |
Gualberto Medina Trustee | Trustee | 1 | $0 |
Peter Wasinger President | Officer | 2 | $0 |
Paul Dritsas Secretary | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $103,329 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $103,329 |
| Statement of Expenses | |
|---|---|
| Total expenses | $12,472 |
| Balance Sheet | |
|---|---|
| Total assets | $204,916 |
| Total liabilities | $15,889 |
| Net assets or fund balances | $189,027 |