New England Press Educational Foundation Inc
- Assets
- $0.0
- Revenue
- $18.1k
- Investments
- $246.0k
- Employees
- 0
- Location
- Woburn, MA
- Founding
- 05/1973
- Data as of
- 06/2021
- EIN
- 23-7297724
Organization Overview
New England Press Educational Foundation Inc is located in Woburn, MA. The organization was established in 1973. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. New England Press 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 06/2021, New England Press Educational Foundation Inc generated $18.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $15.8k during the year ending 06/2021. While expenses have increased by 6.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Randy Capitani President | 2 | $0 | |
Anthony Galvagna Board Member | 1 | $0 | |
Ellen Zappala Board Member | 1 | $0 | |
Helen Smith Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,011 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,051 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $15,819 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $15,819 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,587 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $1,110 |
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