Herald Education Inc
- Assets
- $69.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 20
- Location
- Flushing, NY
- Founding
- 03/2013
- Data as of
- 06/2021
- EIN
- 27-3102940
Organization Overview
Herald Education Inc is located in Flushing, NY. The organization was established in 2013. According to its NTEE Classification (B80) the organization is classified as: Student Services, under the broad grouping of Education and related organizations. As of 06/2021, Herald Education Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Herald Education 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, Herald Education Inc generated $3.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (57.4%) each year. All expenses for the organization totaled $2.9k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (58.8%) per year over the past 6 years. 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
ACADEMIC ENRICHMENT AND AFTERSCHOOL PROGRAMS FOR THE CHILDRENAND YOUTH IN NEED OF THE SERVICES FROM THE NEARBY COMMUNITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pak Cheung Lo Board President | 2 | $0 | |
Rachael Lok Treasurer | 2 | $0 | |
Ellen Yuen Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,504 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $3,504 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $1,072 |
| Professional fees and other payments to independent contractors | $750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $100 |
| Other expenses | $1,016 |
| Total expenses | $2,938 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,679 |
| Other assets | $0 |
| Total assets | $69,679 |
| Total liabilities | $183,262 |
| Net assets or fund balances | -$113,583 |
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Bernard M Baruch College Auxiliary Enterprises Corporation New York, NY | $2,835,381 | $7,073,623 |
The Boston Education Development Foundation Inc Roxbury, MA | $14,159,042 | $7,338,660 |
Shippensburg University Student Services Inc Shippensburg, PA | $2,959,085 | $3,291,326 |
University At Buffalo Student Association Inc Buffalo, NY | $6,243,803 | $4,544,119 |
Handz-On Inc Hartford, CT | $1,667,828 | $5,148,389 |
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