El-Hefni Educational Foundation is located in Beverly, MA. The organization was established in 2013. According to its NTEE Classification (B90) the organization is classified as: Educational Services, 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. El-Hefni 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 08/2023, El-Hefni Educational Foundation generated $8.2k 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 (50.4%) each year. All expenses for the organization totaled $110.2k during the year ending 08/2023. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION LENDS THE USE OF ITS FACILITITES TO WINDHAM WOODS SCHOOL INC., A SECTION 501(C)(3) PUBLIC CHARITY, FOR USE IN FURTHERING BOTH THE FOUNDATION AND THE SCHOOL'S EDUCATIONAL AND CHARITABLE PURPOSES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Suzanne Wright Trustee | 1 | $0 | |
Sister Maryalyce Gilfeather Trustee | 0.25 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $11 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $8,163 |
Total Revenue | $8,174 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $75 |
Depreciation | $87,500 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $1,850 |
Total operating and administrative expenses | $110,211 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $110,211 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,643 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $23 |
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 | $0 |
Net Land, buildings, and equipment | $5,646,243 |
Other assets | $1,052,198 |
Total assets | $6,708,107 |
Accounts payable and accrued expenses | $150 |
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 | $24,104 |
Total liabilities | $24,254 |