New Providence Education Foundation Inc
- Assets
- $21.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Providence, NJ
- Founding
- 05/2004
- Data as of
- 06/2022
- EIN
- 42-1616214
Organization Overview
New Providence Education Foundation Inc is located in New Providence, NJ. The organization was established in 2004. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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 Providence Education Foundation 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 06/2022, New Providence Education Foundation Inc generated $57.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $68.9k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
THE NEW PROVIDENCE EDUCATION FOUNDATION DISTRIBUTED $53,299 IN GRANTS FOR TEACHER INITIATED REQUESTS TO ENHANCE AND ADD TO THE EDUCATIONAL EXPERIENCE OF THE STUDENTS IN OUR SCHOOL DISTRICT. EACH GRANT FOCUSES ON A PARTICULAR EDUCATIONAL AREA AND THE FUNDS ARE USED TO PURCHASE AN ITEM OR SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eugene Castagna Board Member | 2 | $0 | |
Ana Roth Co-Treasurer | 2 | $0 | |
Christopher Naughton Co-Vice President | 2 | $0 | |
Greg Robinson Secretary | 2 | $0 | |
Debra Karrat Board Member | 2 | $0 | |
Anne Mclane President | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $40,854 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,858 |
| Other Revenue | $1,862 |
| Total Revenue | $57,574 |
| 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 | $0 |
| Other expenses | $2,037 |
| Total expenses | $68,930 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,905 |
| Other assets | $0 |
| Total assets | $21,905 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,905 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that New Providence Education Foundation Inc has recieved totaling $5,970.
| Awarding Organization | Amount |
|---|---|
Jules Podell Foundation Inc Summit, NJ PURPOSE: CHARITY | $5,000 |
Jp Morgan Chase Foundation New York, NY PURPOSE: GENERAL OPERATING SUPPORT | $600 |
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $250 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $120 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University At Albany Foundation Albany, NY | $129,210,800 | $17,198,773 |
Queens College Foundation Inc Flushing, NY | $103,882,868 | $13,972,395 |
Threefold Educational Foundation & School Chestnut Ridge, NY | $15,163,557 | $9,817,859 |
New Jersey Institute Of Technology Foundation Newark, NJ | $177,817,526 | $21,630,945 |
Global Community Charter School New York, NY | $4,753,919 | $12,397,044 |
Doctors Center Management Corporation Oceanport, NJ | $41,567 | $8,892,194 |
English-Bonter-Mitchell Foundation Pittsburgh, PA | $150,419,755 | $42,613,149 |
Delaware State University Foundation Inc Dover, DE | $37,335,368 | $19,092,791 |
Friends Of Team Academy Charter School A New Jersey Non-Profit Org Newark, NJ | $241,241,974 | $11,734,420 |
Montclair State University Foundation Inc Montclair, NJ | $109,561,235 | $13,284,004 |
Isaac Newton Foundation Inc Philadelphia, PA | $139,547,072 | $8,902,357 |
Annenberg School For Communication Tr At The University Of Pa Philadelphia, PA | $121,203,086 | $8,507,152 |