Community For Education Foundation Overcoming Obstacles
- Assets
- $10.7m
- Revenue
- $558.5k
- Investments
- $10.4m
- Employees
- 3
- Location
- New York, NY
- Founding
- 05/1992
- Data as of
- 06/2021
- EIN
- 95-4367454
Organization Overview
Community For Education Foundation Overcoming Obstacles, operating under the name Overcoming Obstacles, is located in New York, NY. The organization was established in 1992. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 06/2021, Overcoming Obstacles employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Overcoming Obstacles 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 06/2021, Overcoming Obstacles generated $558.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.1%) each year. All expenses for the organization totaled $618.5k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLISHES AND PROVIDES THE OVERCOMING OBSTACLES LIFE SKILLS EDUCATION CURRICULUM TO ALL K-12 EDUCATORS FOR FREE.
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 |
|---|---|---|---|
Vincenzo Capone Board Member | 40 | $120,000 | |
Rossana Villaflor Board Member | 1 | $700 | |
James E Buckman Board Member | 1 | $0 | |
John S Chalsty Board Member | 1 | $0 | |
Eva Baucom Board Member | 1 | $0 | |
J Cody Fitzsimmons Board Member | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blue Ion Llc | 6/29/21 | $142,276 |
Silvercrest Asset Mgmt Group | 6/29/21 | $74,961 |
Google | 6/29/21 | $54,786 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $76,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $287,672 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $194,847 |
| Capital Gain Net Income | $194,847 |
| Net ST Capital Gain | $22,493 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $558,519 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $120,700 |
| Other employee salaries and wages | $57,083 |
| Pension plans, employee benefits | $21,322 |
| Interest | $0 |
| Taxes | $8,500 |
| Depreciation | $1,610 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $7,892 |
| Printing and publications | $0 |
| Other expenses | $213,758 |
| Total operating and administrative expenses | $618,542 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $618,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,956 |
| Savings and temporary cash investments | $161,817 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $21,751 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $43,630 |
| Total assets | $10,664,362 |
| Accounts payable and accrued expenses | $43,848 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $43,848 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Community For Education Foundation Overcoming Obstacles has recieved totaling $40,000.
| Awarding Organization | Amount |
|---|---|
Rowe Family Foundation Wilmington, DE PURPOSE: GENERAL & UNRESTRICTED | $40,000 |
Endowment Analysis
| Beg. Balance | $1,461,614 |
| Earnings | $558,025 |
| Net Contributions | $8,143,813 |
| Other Expense | $741,095 |
| Ending Balance | $9,422,356 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Management Association Int New York, NY | $77,149,210 | $37,409,276 |
Edadvance Litchfield, CT | $20,506,260 | $33,747,660 |
University At Buffalo Surgeons Inc Buffalo, NY | $17,240,216 | $29,546,953 |
Kipp Team And Family Schools Inc Newark, NJ | $32,492,623 | $22,899,667 |
New Classrooms Innovation Partners Inc New York, NY | $17,880,577 | $14,247,177 |
Nj Edge Net Inc Newark, NJ | $7,375,107 | $12,640,759 |
Building Responsible Intelligent Creative Kids Newark, NJ | $6,605,179 | $12,103,226 |
Ub Associates Inc Buffalo, NY | $9,112,520 | $9,705,784 |
College Association At Delhi Inc Delhi, NY | $7,817,922 | $8,398,682 |
Bes Inc Boston, MA | $9,472,977 | $7,138,485 |
Ilearn Schools Inc Fair Lawn, NJ | $13,400,113 | $8,692,177 |
Green Mountain Higher Education Consortium Inc Shelburne, VT | $1,891,239 | $6,372,980 |