Hudson County Schools Of Technologyfoundation A Nonprofit Corp
- Assets
- $230.6k
- Revenue
- $105.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Jersey City, NJ
- Founding
- 05/2008
- Data as of
- 12/2021
- EIN
- 26-0900829
Organization Overview
Hudson County Schools Of Technologyfoundation A Nonprofit Corp is located in Jersey City, NJ. The organization was established in 2008. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Hudson County Schools Of Technologyfoundation A Nonprofit Corp 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, Hudson County Schools Of Technologyfoundation A Nonprofit Corp generated $105.8k 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 (6.9%) each year. All expenses for the organization totaled $36.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.1%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION RAISES FUNDS TO SUPPORT STUDENT PROGRAMS WHICH PROMOTE EXCELLENCE IN EDUCATION FOR THE HUDSON COUNTY SCHOOLS OF TECHNOLOGY,THE FOUNDATION PROVIDES GRANTS AND SCHOLARSHIPS TO FUND STUDENT FIELD TRIPS AND EXPERIENCES FOR HUDSON COUNTY SCHOOLS OF TECHNOLOGY
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION RAISES FUNDS TO SUPPORT STUDENT PROGRAMS WHICH PROMOTE EXCELLENCE IN EDUCATION FOR THE HUDSON COUNTY SCHOOLS OF TECHNOLOGY,THE FOUNDATION PROVIDES GRANTS AND SCHOLARSHIPS TO FUND STUDENT FIELD TRIPS AND EXPERIENCES FOR HUDSON COUNTY SCHOOLS OF TECHNOLOGY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Gans President | OfficerTrustee | 1 | $0 |
Vincent Mcfadden Treasurer | OfficerTrustee | 1 | $0 |
Joseph P Sirangelo Trustee | Trustee | 1 | $0 |
Paul Hoffman Trustee | Trustee | 1 | $0 |
Linda Quentzel Trustee | Trustee | 1 | $0 |
Amy-Lin Rodgriguez Superintendent | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $75,000 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,198 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,198 |
| Total Program Service Revenue | $0 |
| Investment income | $825 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $14,816 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $105,839 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $18,661 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $284 |
| Information technology | $2,400 |
| Royalties | $0 |
| Occupancy | $5,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,609 |
| All other expenses | $1,101 |
| Total functional expenses | $36,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $228,986 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,600 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $230,586 |
| Accounts payable and accrued expenses | $400 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $400 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $230,186 |
| Total liabilities and net assets/fund balances | $230,586 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hudson County Schools Of Technologyfoundation A Nonprofit Corp has recieved totaling $213.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $113 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Trustees Of The Free Public Library Of The Township Of East Brunswick East Brunswick, NJ | $2,206,212 | $3,599,309 |
Ketchum Grande Memoriall School Burnt Hills, NY | $5,061,922 | $2,742,920 |
Friends Of Dpny Inc Bronx, NY | $12,098,306 | $76,758 |
Parent Network Of New York State 1 Inc Buffalo, NY | $897,393 | $1,372,692 |
Parents And Teachers Association Of P S 29 Inc Brooklyn, NY | $571,073 | $1,446,218 |
Ps 58 Parent Teacher Association Brooklyn, NY | $738,322 | $1,192,013 |
Vita Education Services Inc Doylestown, PA | $624,691 | $1,073,219 |
Pennsylvania Association Of School Retirees Mechanicsburg, PA | $1,965,165 | $1,182,549 |
Pta New York Congress Bronxville, NY | $696,365 | $1,040,699 |
Pta New York Congress Albany, NY | $3,135,805 | $778,485 |
Hunter College Elementary School Parent Teacher Association Inc New York, NY | $1,255,502 | $580,301 |
The Lower Lab School Parent Teachers Association Inc New York, NY | $743,672 | $980,994 |