Scituate Education Foundation
- Assets
- $54.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Scituate, MA
- Founding
- 03/2016
- Data as of
- 06/2022
- EIN
- 81-1644847
Organization Overview
Scituate Education Foundation is located in Scituate, MA. The organization was established in 2016. 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. Scituate Education 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 06/2022, Scituate Education Foundation generated $32.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.0%) each year. All expenses for the organization totaled $22.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (18.8%) per year over the past 5 years. 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
TO SUPPORT AND ENHANCE EDUCATIONAL OPPORTUNITIES AND INNOVATION, WHICH PROVIDES AND ENCOURAGES ACADEMIC EXCELLENCE THROUGHOUT THE SCITUATE PUBLIC SCHOOLS. THE SEF WILL ALSO WORK TO PROMOTE PARTNERSHIPS BETWEEN THE PUBLIC SCHOOLS AND THE COMMUNITY AT LARGE REGARDING EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Dorgan Member | 15 | $0 | |
Gail Varrasso Member | 15 | $0 | |
Janice Lindblom Member | 15 | $0 | |
Kate Pescatore Clerk | 15 | $0 | |
Rich Bacarella Treasurer | 15 | $0 | |
Sheila Kukstis Vice President | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,094 |
| Total Program Service Revenue | $7,874 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $31,968 |
| 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 | $4,512 |
| Other expenses | $17,901 |
| Total expenses | $22,413 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,639 |
| Other assets | $0 |
| Total assets | $54,639 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,639 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Scituate Education Foundation has recieved totaling $1,478.
| Awarding Organization | Amount |
|---|---|
Mccance Foundation Tr North Scituate, MA PURPOSE: GENERAL SUPPORT | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $278 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $100 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Five Colleges Incorporated Amherst, MA | $34,378,872 | $10,361,692 |
Suny Impact Foundation Inc New York, NY | $1,805,430 | $8,847,404 |
Poughkeepsie Public School Teachers Asso Trust Fund Poughkeepsie, NY | $14,239,734 | $11,580,276 |
Meged Shomayim Airmont, NY | $573,750 | $8,461,954 |
Nli Usa Inc New York, NY | $11,341,396 | $10,639,057 |
Excellence Community Schools Inc Bronx, NY | $14,097,138 | $10,250,785 |
Futures In Education Brooklyn, NY | $11,663,497 | $8,970,011 |
National Center For Hebrew Language Charter School Excellence New York, NY | $4,301,333 | $7,260,290 |
Mccarton Foundation For Developmental Disabilities Inc Bronx, NY | $2,852,729 | $6,603,484 |
Prospect Schools Inc Brooklyn, NY | $3,261,917 | $6,213,918 |
Friends Of@brooklyn Laboratory Charter Schools Inc Brooklyn, NY | $20,397,240 | $6,569,238 |
Friends Of@prospect Schools Ny Inc Brooklyn, NY | $3,486,838 | $6,161,838 |