American Newmedia Educational Foundation
- Assets
- $347.8k
- Revenue
- $17.7k
- Investments
- $347.3k
- Employees
- 0
- Location
- Medina, OH
- Founding
- 07/1994
- Data as of
- 06/2024
- EIN
- 31-1405313
Organization Overview
American Newmedia Educational Foundation is located in Medina, OH. The organization was established in 1994. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Newmedia Educational 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 06/2024, American Newmedia Educational Foundation generated $17.7k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $17.3k during the year ending 06/2024. While expenses have increased by 3.8% per year over the past 9 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF LEADERSHIP, TEACHER TRAINING, EDUCATIONAL MATERIALS AND RESOURCES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra L Hallock PHD President | 12 | $0 | |
Deborah A Katz JD PHD Secretary | 12 | $0 | |
Julie J Tunnell Vice Preside | 12 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,064 |
| Interest on Savings | $631 |
| Dividends & Interest | $10,642 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $384 |
| Capital Gain Net Income | $370 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $17,721 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $162 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $10,728 |
| Total operating and administrative expenses | $11,790 |
| Contributions, gifts, grants paid | $5,500 |
| Total expenses and disbursements | $17,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $422 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $347,342 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $347,764 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, American Newmedia Educational Foundation has awarded $5,500 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
SISTER CIRCLE OF MEDINA PURPOSE: SUPPORT | $500 |
BRUNSWICK HISTORICAL SOCIETY PURPOSE: SUPPORT | $4,000 |
ORMACO PURPOSE: SUPPORT | $1,000 |