New Hope Solebury Education Fund
- Assets
- $189.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Hope, PA
- Founding
- 08/2015
- Data as of
- 12/2023
- EIN
- 47-4099766
Organization Overview
New Hope Solebury Education Fund is located in New Hope, PA. The organization was established in 2015. 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 Hope Solebury Education Fund 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 12/2023, New Hope Solebury Education Fund generated $172.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 67.3% each year . All expenses for the organization totaled $45.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
NEW HOPE SOLEBURY EDUCATION FUND SUPPORTS INITIATIVE EDUCATIONAL GRANTS FOR THE NEW HOPE SOLEBURY SCHOOL THAT ARE BEYOND THE FUNDING PROVIDED BY TAXPAYERS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mita Heble Chairman | 3 | $0 | |
Megan Lottier Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $177,769 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$5,401 |
| Other Revenue | $0 |
| Total Revenue | $172,368 |
| 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 | $1,923 |
| Total expenses | $45,309 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $189,715 |
| Other assets | $0 |
| Total assets | $189,715 |
| Total liabilities | $0 |
| Net assets or fund balances | $189,715 |