New Milford Education Foundation
- Assets
- $153.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Milford, NJ
- Founding
- 07/2014
- Data as of
- 08/2023
- EIN
- 27-1437338
Organization Overview
New Milford Education Foundation is located in New Milford, NJ. The organization was established in 2014. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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 Milford 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 08/2023, New Milford Education Foundation generated $128.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $52.5k during the year ending 08/2023. While expenses have increased by 13.2% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Castronovo President | 1 | $0 | |
Stacey Sidorsky Treasurer | 1 | $0 | |
Tina Youngs Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $135,065 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$8,150 |
| Other Revenue | $1,215 |
| Total Revenue | $128,130 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $204 |
| Other expenses | $8,774 |
| Total expenses | $52,523 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $153,586 |
| Other assets | $0 |
| Total assets | $153,586 |
| Total liabilities | $0 |
| Net assets or fund balances | $153,586 |