Ocean City Education Foundation
- Assets
- $52.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ocean City, NJ
- Founding
- 07/2009
- Data as of
- 12/2021
- EIN
- 26-1315605
Organization Overview
Ocean City Education Foundation is located in Ocean City, NJ. The organization was established in 2009. 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. Ocean City Education Foundation 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, Ocean City Education Foundation generated $36.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $19.3k during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Birch Vice Pres | 2 | $0 | |
Heather James Secretary | 2 | $0 | |
Jennifer Shirk President | 2 | $0 | |
Aimee Schultz Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,103 |
| Total Program Service Revenue | $0 |
| Membership dues | $690 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $28,494 |
| Other Revenue | $0 |
| Total Revenue | $36,287 |
| 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 | $325 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,502 |
| Total expenses | $19,328 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,060 |
| Other assets | $0 |
| Total assets | $52,060 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,060 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ocean City Education Foundation has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Ocean City Home Charitable Foundation Ocean City, NJ PURPOSE: CONTRIB | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Learning Through An Expanded Arts Program Inc New York, NY | $2,991,832 | $9,986,466 |
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 |