Mohonasen Foundation For Excellence
- Assets
- $116.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Schenectady, NY
- Founding
- 12/1998
- Data as of
- 12/2022
- EIN
- 16-1534717
Organization Overview
Mohonasen Foundation For Excellence is located in Schenectady, NY. The organization was established in 1998. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Mohonasen Foundation For Excellence 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 12/2022, Mohonasen Foundation For Excellence generated $21.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $12.0k during the year ending 12/2022. While expenses have increased by 2.5% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
FUNDING OF MXG EXPO GAMING EQUIPMENT FOR 100 STUDENTS IN GRADES 9-12
FUNDING OF MXG EXPO GAMING EQUIPMENT FOR 100 STUDENTS IN GRADES 9-12
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Gahan Jr Treasurer | 3 | $0 | |
Joseph Anderson Director | 0.5 | $0 | |
Nancy Delprado Co-Secretary | 1 | $0 | |
Paula Marshman President | 1 | $0 | |
Mary Kay Komarinski Director | 0.5 | $0 | |
Brett Armstrong Director & Golf Chairperson | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,496 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $352 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,046 |
| Other Revenue | $0 |
| Total Revenue | $21,894 |
| 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 | $232 |
| Other expenses | $4,144 |
| Total expenses | $12,036 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $116,395 |
| Other assets | $0 |
| Total assets | $116,395 |
| Total liabilities | $0 |
| Net assets or fund balances | $116,395 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Mohonasen Foundation For Excellence has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University At Albany Foundation Albany, NY | $129,210,800 | $17,198,773 |
Trustees Of The Public Library Of The City Of Boston Boston, MA | $99,754,907 | $16,249,859 |
Lord Foundation Of Massachusetts Inc Cambridge, MA | $0 | $665,000 |
Queens College Foundation Inc Flushing, NY | $103,882,868 | $13,972,395 |
Threefold Educational Foundation & School Chestnut Ridge, NY | $15,163,557 | $9,817,859 |
New Jersey Institute Of Technology Foundation Newark, NJ | $177,817,526 | $21,630,945 |
Global Community Charter School New York, NY | $4,753,919 | $12,397,044 |
Doctors Center Management Corporation Oceanport, NJ | $41,567 | $8,892,194 |
English-Bonter-Mitchell Foundation Pittsburgh, PA | $150,419,755 | $42,613,149 |
Mit International Inc Cambridge, MA | $42,886,000 | $6,428,000 |
Friends Of Team Academy Charter School A New Jersey Non-Profit Org Newark, NJ | $241,241,974 | $11,734,420 |
Montclair State University Foundation Inc Montclair, NJ | $109,561,235 | $13,284,004 |