Alliance For Education Inc
- Assets
- $1.2m
- Revenue
- $823.9k
- Investments
- $429.9k
- Employees
- 0
- Location
- Tamarac, FL
- Founding
- 01/2001
- Data as of
- 12/2021
- EIN
- 65-1042013
Organization Overview
Alliance For Education Inc is located in Tamarac, FL. The organization was established in 2001. 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. Alliance For 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 12/2021, Alliance For Education Inc generated $823.9k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Alliance For Education Inc has awarded 114 individual grants totaling $6,333,064. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
RAISE FUNDS FOR UNDERWRITING TUITION TO NON-PROFIT SCHOOLS, UNDERWRITING DORMITORY AND RELATED EXPENSES AND PROVIDE AFTER-SCHOOL PROGRAMMING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNDERWRITING OF TUTIONS AND A.C EXPENSES FOR NON-PROFIT SCHOOLS AND RELIGIOUS ORGANIZATIONS
PAYMENT OF SEFER TORAH SERVICES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rabbi Moshe Rabin President | OfficerTrustee | 40 | $0 |
Rabbi Zalman Bukiet Secty/treas | OfficerTrustee | 1 | $0 |
Devora L Margolis Director | Trustee | 1 | $0 |
Joanna Goldsmith Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $823,864 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $823,864 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $823,864 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $934,655 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,828 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,175,939 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,234 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $138,500 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $429,854 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $404,131 |
| Total assets | $1,230,719 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $592,950 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $592,950 |
| Net assets without donor restrictions | $637,769 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,230,719 |
Grants Awarded
Over the last fiscal year, Alliance For Education Inc has awarded $859,405 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
Tamarac, FL PURPOSE: UNDERWRITE COSTS | $571,097 |
Margate, FL PURPOSE: UNDERWRITE TUITION | $63,775 |
Brooklyn, NY PURPOSE: UNDERWRITE TUITION | $33,950 |
3935 BAIS CHAYA PURPOSE: UNDERWRITE COSTS | $32,001 |
Lakewood, NJ PURPOSE: UNDERWRITE TUITION | $26,126 |
CHABAD OF AFULA PURPOSE: UNDERWRITE RELIGIOUS | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 10 grants that Alliance For Education Inc has recieved totaling $295,882.
| Awarding Organization | Amount |
|---|---|
Good360 Alexandria, VA PURPOSE: TO ASSIST THOSE IN NEED. | $286,658 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $7,500 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $540 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $240 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $240 |
American Express Foundation New York, NY PURPOSE: GENERAL SUPPORT | $240 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University System Of Georgia Foundation Inc Atlanta, GA | $572,651,205 | $27,479,908 |
Atlanta Neighborhood Charter School Inc Atlanta, GA | $8,677,734 | $16,201,042 |
Pinellas County Education Foundation Inc Largo, FL | $46,058,719 | $8,082,359 |
Hephzibah Charter Foundation Inc Hephzibah, GA | $10,181,498 | $8,307,126 |
Foundation Properties Inc Columbus, GA | $108,758,689 | $6,742,153 |
Georgia Student Scholarship Organization Sso Inc Cumming, GA | $4,146,288 | $9,720,252 |
Excelsior Academies Inc Miami, FL | $11,544,923 | $8,167,644 |
Brevard Schools Foundation Inc Viera, FL | $7,221,686 | $4,889,607 |
Imagine - South Broward Inc Sunrise, FL | $1,098,870 | $2,986,588 |
Pure Edge Inc Palm Beach, FL | $739,291 | $2,020,460 |
Alternative Education Foundation Inc Davie, FL | $702,527 | $2,696,201 |
Education Foundation Of Sarasota Co Unty Inc Sarasota, FL | $5,086,867 | $4,227,915 |