Mountain Lakes Educational Foundation Inc
- Assets
- $67.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mountain Lakes, NJ
- Founding
- 08/1997
- Data as of
- 12/2021
- EIN
- 22-3462781
Organization Overview
Mountain Lakes Educational Foundation Inc is located in Mountain Lakes, NJ. The organization was established in 1997. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. Mountain Lakes Educational 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 12/2021, Mountain Lakes Educational Foundation Inc generated $23.7k 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 (5.6%) each year. All expenses for the organization totaled $21.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE SUPPORT AND SERVICE TO THE FACULTY AND STUDENTS OF MOUNTAIN LAKES BOARD OF EDUCATION TO FURTHER THE EDUCATIONAL ACTIVITIES OF SUCH FACULTY AND STUDENTS AND TO PROMOTE AND BENEFIT THE EDUCATIONAL COMMUNITY IN THE BOROUGH OF MOUNTAIN LAKES NJ
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patty Bordoni Secretary | 0 | $0 | |
Zoya Lerher VP Grants | 0 | $0 | |
Kim Webb Co-Vp Fund. | 0 | $0 | |
Liz Festa Trustee | 0 | $0 | |
Sara Forman President | 0 | $0 | |
Jenn Dipompeo Co-Vp Fund. | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,023 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,911 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $4,745 |
| Other Revenue | $0 |
| Total Revenue | $23,679 |
| 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 | $885 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $16,559 |
| Total expenses | $21,623 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,127 |
| Other assets | $0 |
| Total assets | $67,127 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,127 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mountain Lakes Educational Foundation Inc has recieved totaling $95.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $95 |
Peer Organizations
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|---|---|---|
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Unbounded Learning Inc New York, NY | $10,202,052 | $11,682,333 |
Ecumenical Community Hershey, PA | $4,358,759 | $9,348,993 |
Mcelhattan Foundation Pittsburgh, PA | $120,280,311 | $4,922,440 |
Great Oaks Foundation Inc New York, NY | $2,451,527 | $9,169,233 |
The New York Opportunity Network Inc New York, NY | $9,128,852 | $11,413,843 |
Mid-Atlantic Region Commission On Higher Education Wilmington, DE | $17,355,711 | $12,036,917 |
Mdyhs Inc Brooklyn, NY | $134,976 | $6,680,548 |
East Harlem Tutorial Program Inc New York, NY | $86,316,213 | $22,073,171 |
Coleridge Initiative Incorporated New York, NY | $7,309,753 | $10,132,934 |
New Jersey Childrens Foundation Newark, NJ | $7,913,501 | $9,796,996 |
Camden Education Fund Inc Camden, NJ | $14,065,801 | $15,006,441 |