Modesto Educational Foundation
- Assets
- $156.4k
- Revenue
- $201.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Long Valley, NJ
- Founding
- Data as of
- 12/2021
- EIN
- 85-0751143
Organization Overview
Modesto Educational Foundation is located in Long Valley, NJ. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, 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. Modesto 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 12/2021, Modesto Educational Foundation generated $201.5k in total revenue. All expenses for the organization totaled $64.2k during the year ending 12/2021. While expenses have increased by 50.3% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MODESTO EDUCATIONAL FOUNDATION (MEF) IS A NON-PROFIT, EDUCATIONAL, CONFERENCE AND MULTI-MEDIA PRODUCTION COMPANY THAT SUPPORTS: SPECIALEDUCATION STUDENTS WITH SPECIAL NEEDS, CONTRIBUTE TO DIVERSE CULTURE., CREATE ACCESS TO CAPITAL, EDUCATING ENTREPRENNEURS. 11 2 4 33 55
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT SPECIAL EDUCATION STUDENTS SPECIAL NEEDS
EDUCATIONAL AND CONFERENCE VIA MULTI-MEDIA TO ELIMINATE STIGMAS AND CONTRIBUTE TO DIVERSE CULTURES IN UNITED STATES.
EDUCATING ENTREPRENNEURS IN ACCESSING CAPITAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Livin Medina Vice President | OfficerTrustee | 15 | $0 |
Carlos Medina President | OfficerTrustee | 10 | $0 |
Luis Delahoz Secretary-Treasurer | OfficerTrustee | 5 | $0 |
Jose Bombino CPA Cpa For The Board | 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 | $201,500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $201,500 |
| 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 | $201,500 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $0 |
| 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 | $47,794 |
| Office expenses | $998 |
| Information technology | $5,849 |
| 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 | $1,398 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $408 |
| All other expenses | $0 |
| Total functional expenses | $64,220 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $156,355 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $156,355 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $156,355 |
| 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 | $156,355 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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The Pittsburgh High Technology Council Pittsburgh, PA | $3,558,028 | $3,049,569 |
New York State Council Of School Superintendents Albany, NY | $5,077,642 | $3,046,665 |
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New York State Restaurant Assn Inc Albany, NY | $6,584,499 | $1,643,871 |
Unschooled The Movement Inc Newtown Square, PA | $44,450 | $1,311,519 |
Equable Institute Queens, NY | $639,541 | $893,018 |