Alameda Education Foundation
- Assets
- $1.3m
- Revenue
- $902.9k
- Investments
- $0.0
- Employees
- 4
- Location
- Alameda, CA
- Founding
- 03/1984
- Data as of
- 06/2024
- EIN
- 94-2867769
Organization Overview
Alameda Education Foundation is located in Alameda, CA. The organization was established in 1984. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 06/2024, Alameda Education Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alameda 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 06/2024, Alameda Education Foundation generated $902.9k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $847.6k during the year ending 06/2024. While expenses have increased by 0.5% per year over the past 9 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
AEF SERVES AS A CRITICAL BRIDGE TOWARD EQUITABLE AND INCLUSIVE EDUCATIONAL OUTCOMES FOR ALAMEDA TK-12 PUBLIC SCHOOL STUDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOR THE 2023-2024 FISCAL YEAR, ALAMEDA EDUCATION FOUNDATIONS PRIMARY ACHIEVEMENTS INCLUDED:RUNNING 199 AFTER SCHOOL ENRICHMENT CLASSES PROVIDING EDUCATIONAL OPPORTUNITIES IN THE ARTS, ATHLETICS, STEM (SCIENCE, TECHNOLOGY, ENGINEERING, MATH), AND LANGUAGES FOR 1,650 K- 8TH GRADE STUDENTS.RUNNING 4 WEEKS OF SUMMER CAMPS WITH 76 CAMPS AND 850 REGISTRATIONS.MANAGING A COMPETITIVE MIDDLE SCHOOL SPORTS PROGRAM CONSISTING OF COED VOLLEYBALL, GIRLS AND BOYS BASKETBALL, AND GIRLS AND BOYS TRACK AND FIELD SERVING 718 6TH 8TH GRADERS.SUPPORTING 930 LOW-INCOME STUDENTS WITH NEW BACKPACKS AND SCHOOL SUPPLIESPROVIDING 47 TEACHERS WITH MINI GRANTS VALUED AT $33,089, SUPPORTING APPROXIMATELY 3,400 TK-12 STUDENTS.SPONSORING CARE SOLACE, A SERVICE THAT CONNECTS PEOPLE WITH APPROPRIATE MENTAL HEALTH CARE SERVICES THAT IS AVAILABLE TO ALL AUSD STUDENTS, STAFF, AND THEIR FAMILIES, TOTALING APPROXIMATELY 1,550 INBOUND INTERACTIONS.RUNNING VISUAL ARTS PROGRAMS FOR ELEMENTARY STUDENTS IMPACTING APPROXIMATELY 600 STUDENTS.PROVIDING INTERNET HOT SPOTS TO SCHOOL FAMILIES IN NEED ON A ROTATING BASIS, TOTALING APPROXIMATELY 60 FAMILIES
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vicki Sedlack Executive Dir. | Officer | 40 | $92,782 |
Kelly Scott President | OfficerTrustee | 8 | $0 |
Danielle London Vice President | OfficerTrustee | 2 | $0 |
Nuala Creedon Secretary | OfficerTrustee | 3 | $0 |
Kevin Venkiteswaran Treasurer | OfficerTrustee | 2 | $0 |
Jose Alvarez Board Member | Trustee | 0.5 | $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 | $143,949 |
| Noncash contributions included in lines 1a–1f | $1,540 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $143,949 |
| Total Program Service Revenue | $696,828 |
| Investment income | $22,836 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $28,961 |
| Net Income from Fundraising Events | $7,559 |
| Net Income from Gaming Activities | $2,720 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $902,853 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $45,000 |
| Grants and other assistance to domestic individuals. | $104,684 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,887 |
| Compensation of current officers, directors, key employees. | $34,261 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $94,093 |
| Pension plan accruals and contributions | $1,890 |
| Other employee benefits | $0 |
| Payroll taxes | $14,916 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,087 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $379,279 |
| Advertising and promotion | $673 |
| Office expenses | $35,990 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,940 |
| Travel | $4,536 |
| 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 | $536 |
| Insurance | $12,153 |
| All other expenses | $0 |
| Total functional expenses | $847,610 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $257,000 |
| 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 | $21,758 |
| Net Land, buildings, and equipment | $4,024 |
| Investments—publicly traded securities | $1,000,597 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,283,379 |
| Accounts payable and accrued expenses | $8,030 |
| Grants payable | $0 |
| Deferred revenue | $214,835 |
| 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 | $3,996 |
| Total liabilities | $226,861 |
| Net assets without donor restrictions | $1,056,518 |
| 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 | $1,283,379 |
Grants Awarded
Over the last fiscal year, Alameda Education Foundation has awarded $45,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ALAMEDA FORWARD PURPOSE: support public education initiative | $15,000 |
ALAMEDA UNIFIED SCHOOL DISTR PURPOSE: Scholarship Awards & Mental Health | $30,000 |