Jefferson Educational Society Of Erie
- Assets
- $4.0m
- Revenue
- $772.3k
- Investments
- $0.0
- Employees
- 11
- Location
- Erie, PA
- Founding
- 01/2009
- Data as of
- 08/2021
- EIN
- 26-3460486
Organization Overview
Jefferson Educational Society Of Erie is located in Erie, PA. The organization was established in 2009. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 08/2021, Jefferson Educational Society Of Erie employed 11 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jefferson Educational Society Of Erie 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 08/2021, Jefferson Educational Society Of Erie generated $772.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.4% each year. All expenses for the organization totaled $782.1k during the year ending 08/2021. 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 MISSION OF THE JEFFERSON EDUCATIONAL SOCIETY OF ERIE IS TO PROMOTE CIVIC ENLIGHTENMENT AND COMMUNITY PROGRESS FOR THE ERIE REGION THROUGH STUDY, RESEARCH AND DISCUSSION. THE SOCIETY CONDUCTS PROGRAMS TO FURTHER THESE GOALS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION CONDUCTS EDUCATIONAL PROGRAMS ON VARIOUS TOPICS AND A GLOBAL SUMMIT WHICH FEATURES NATIONAL SPEAKERS WHO PRESENT LECTURES ON TOPICS OF NATIONAL AND GLOBAL SIGNIFICANCE.
JEFFERSON ALLIANCE FOR COMMUNITY PROGRESS SEEKS TO BRING TOGETHER THE LEADERS OF THE MUNICIPALITIES OF ERIE COUNTY TO DISCUSS ISSUES OF COMMON INTEREST. THE JACP ALSO CONDUCTS A LEADSHIP PROGRAM DESIGNED TO BRING TOGETHER INDIVIDUALS INTERESTED IN COMMUNITY ISSUES AND ASSUMING LEADSHIP ROLES IN THE FUTURE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ferki Ferati President | OfficerTrustee | 40 | $138,528 |
Rev Charles Brock Secretary | OfficerTrustee | 3 | $0 |
Charles M Caryl Treasurer | OfficerTrustee | 3 | $0 |
Bruce Raimy Vice Chairma | OfficerTrustee | 3 | $0 |
Joyce A Savocchio Chairman | OfficerTrustee | 3 | $0 |
Johnny Johnson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $206,237 |
| All other contributions, gifts, grants, and similar amounts not included above | $396,082 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $602,319 |
| Total Program Service Revenue | $43,469 |
| Investment income | $8,695 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,939 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $772,301 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| 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 | $373,650 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $32,812 |
| Payroll taxes | $31,023 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50,362 |
| Fees for services: Accounting | $21,384 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,910 |
| Fees for services: Other | $0 |
| Advertising and promotion | $9,948 |
| Office expenses | $19,581 |
| Information technology | $6,618 |
| Royalties | $0 |
| Occupancy | $67,932 |
| Travel | $7,728 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,868 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,508 |
| Insurance | $11,781 |
| All other expenses | $7,870 |
| Total functional expenses | $782,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $503,692 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,532,688 |
| Accounts receivable, net | $2,300 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $21,492 |
| Prepaid expenses and deferred charges | $144,334 |
| Net Land, buildings, and equipment | $1,175,074 |
| Investments—publicly traded securities | $584,081 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,963,661 |
| Accounts payable and accrued expenses | $27,185 |
| Grants payable | $0 |
| Deferred revenue | $240,000 |
| 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 | $432,087 |
| Unsecured mortgages and notes payable | $525,114 |
| Other liabilities | $7,216 |
| Total liabilities | $1,231,602 |
| Net assets without donor restrictions | $1,886,268 |
| Net assets with donor restrictions | $845,791 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $3,963,661 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Jefferson Educational Society Of Erie has recieved totaling $259,299.
| Awarding Organization | Amount |
|---|---|
Erie Community Foundation Erie, PA PURPOSE: VARIOUS PROJECTS | $109,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $100,299 |
M J Surgala Tr Erie, PA PURPOSE: GENERAL FUNDS | $50,000 |
Endowment Analysis
| Beg. Balance | $502,202 |
| Earnings | $102,143 |
| Admin Expense | $3,911 |
| Net Contributions | $50,842 |
| Other Expense | $67,195 |
| Ending Balance | $584,081 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York Historical Society New York, NY | $208,003,318 | $56,360,280 |
John E Andrus Memorial Inc Hastingsonhudson, NY | $34,101,989 | $32,146,743 |
Seventh Regiment Armory Conservancy Inc New York, NY | $306,083,724 | $25,857,761 |
Ohio Historical Society Columbus, OH | $7,345,353 | $25,940,986 |
American Society For Yad Vashem Inc New York, NY | $98,978,221 | $39,756,518 |
Friends Of The High Line Inc New York, NY | $106,621,000 | $20,114,000 |
World Monuments Fund Inc New York, NY | $56,711,356 | $20,259,179 |
Historic Hudson Valley Pocantico Hills, NY | $88,361,473 | $19,006,453 |
Franklin County Historical Society Columbus, OH | $23,539,656 | $19,471,266 |
The Fort Ticonderoga Association Inc Ticonderoga, NY | $22,583,346 | $10,084,437 |
Historical Society Of Western Pennsylvania Pittsburgh, PA | $61,152,096 | $7,849,869 |
Statue Of Liberty Ellis Island Foundation Inc New York, NY | $69,211,443 | $8,809,212 |