Red Bank Regional Education Foundation Inc
- Assets
- $66.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Little Silver, NJ
- Founding
- 09/1998
- Data as of
- 12/2020
- EIN
- 22-3561378
Organization Overview
Red Bank Regional Education Foundation Inc is located in Little Silver, NJ. The organization was established in 1998. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, 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. Red Bank Regional 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 12/2020, Red Bank Regional Education Foundation Inc generated $32.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $27.7k during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (9.3%) per year over the past 6 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
2020
Describe the Organization's Program Activity:
Part 3
TO SUPPORT THE EDUCATIONAL NEEDS OF RBRHS STUDENTS THROUGH THE PURCHASE OF EQUIPMENT, SOFTWARE, CULTURAL PROGRAMS, ATHLETICS, EVENTS AND SCHOLARSHIPS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Cox President | 1 | $0 | |
Eileen Savko Recording Se | 1 | $0 | |
Mary Beth Ostrowski Newspaper Ed | 1 | $0 | |
Jennifer Devito Correspondin | 1 | $0 | |
Caroline Connelly Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,334 |
| Total Program Service Revenue | $33 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $13,343 |
| Other Revenue | $0 |
| Total Revenue | $32,646 |
| 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 | $310 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $97 |
| Other expenses | $25,464 |
| Total expenses | $27,651 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $66,079 |
| Other assets | $0 |
| Total assets | $66,079 |
| Total liabilities | $1 |
| Net assets or fund balances | $66,078 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Red Bank Regional Education Foundation Inc has recieved totaling $31.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $31 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Hoosac School Hoosick, NY | $9,736,705 | $10,403,119 |
Great Oaks Charter School - Wilmington Inc Wilmington, DE | $11,817,518 | $6,616,030 |
Northwood School Lake Placid, NY | $28,703,807 | $7,899,486 |
Tgs-Think Global School Inc New York, NY | $2,486,018 | $5,034,757 |
Philadelphia Electrical And Technology Charter High School Philadelphia, PA | $4,555,301 | $10,620,189 |
Yellow Breeches Educational Center Carlisle, PA | $8,262,471 | $8,494,239 |
Youth Renewal Fund New York, NY | $7,433,369 | $10,422,837 |
Urban Pathways 6-12 Charter School Pittsburgh, PA | $5,363,881 | $7,862,692 |
Buffalo Seminary Buffalo, NY | $20,722,980 | $7,048,544 |
Knox School St James, NY | $6,124,707 | $6,584,712 |
Yeshiva High School For Girls Inc Teaneck, NJ | $8,104,584 | $9,254,570 |
Doane Academy Burlington, NJ | $42,798,268 | $6,582,425 |