New Haven Schools Foundation
- Assets
- $694.4k
- Revenue
- $460.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Union City, CA
- Founding
- 10/1984
- Data as of
- 06/2024
- EIN
- 94-2855611
Organization Overview
New Haven Schools Foundation is located in Union City, CA. The organization was established in 1984. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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 Haven Schools 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 06/2024, New Haven Schools Foundation generated $460.7k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 14.5% each year . All expenses for the organization totaled $460.7k during the year ending 06/2024. While expenses have increased by 13.7% per year over the past 8 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION WAS ORGANIZED TO PROVIDE FINANCIAL ASSISTANCE TO THE VARIOUS EXTRA CURRICULAR ACTIVITIES AT THE NEW HAVEN UNIFIED SCHOOL DISTRICT AND TO AWARD SCHOLARSHIPS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SCHOLARSHIPS TO VARIOUS STUDENTS AND ORGANIZATIONS OF NEW HAVEN SCHOOLS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joan Malloy Director | Trustee | 2 | $0 |
Mikey Mckelvey Director | Trustee | 2 | $0 |
Glenn Nate Director | Trustee | 2 | $0 |
Tommie Lindsey Director | Trustee | 2 | $0 |
Pat Gacoscos Director | Trustee | 2 | $0 |
Lydia Idem Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,753 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $377,436 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $383,189 |
| Total Program Service Revenue | $0 |
| Investment income | $19,346 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,720 |
| Net Income from Fundraising Events | $64,920 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $460,735 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $353,779 |
| 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 | $51,280 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,050 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,251 |
| Fees for services: Other | $2,598 |
| Advertising and promotion | $7,389 |
| Office expenses | $34,590 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $89 |
| 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 | $1,769 |
| All other expenses | -$95 |
| Total functional expenses | $460,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $372,602 |
| Savings and temporary cash investments | $79,540 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,924 |
| 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 | $240,317 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $694,383 |
| Accounts payable and accrued expenses | $3,803 |
| 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 | $3,803 |
| Net assets without donor restrictions | $107,183 |
| Net assets with donor restrictions | $583,397 |
| 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 | $694,383 |