Triton Education Foundation Inc
- Assets
- $222.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Byfield, MA
- Founding
- 01/2007
- Data as of
- 06/2022
- EIN
- 20-5781523
Organization Overview
Triton Education Foundation Inc is located in Byfield, MA. The organization was established in 2007. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Triton Education Foundation Inc 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 06/2022, Triton Education Foundation Inc generated $151.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $995.0 during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (60.9%) per year over the past 7 years. 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
THIS FISCAL YEAR WAS A TRANSITIONAL YEAR FOR THE TRITON EDUCATION FOUNDATION (TEF). WE CONDUCTED FUNDRAISING EFFORTS TO RAISE ENOUGH MONEY TO BEGIN LAUNCHING NEW ADVANCED SCIENCE PROGRAMS OF STUDY FOR HIGH SCHOOL STUDENTS IN THE TRITON DISTRICT. NEXT YEAR WE WILL LAUNCH THESE NEW COURSES.
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 |
|---|---|---|---|
Benjamin Dei President | 5 | $0 | |
Richard Pesce Treasurer | 5 | $0 | |
Jesse Remignanti Director | 2 | $0 | |
Kristin Burns Director | 2 | $0 | |
Joe Atchinson Vp/secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $150,887 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $415 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,302 |
| 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 | $177 |
| Other expenses | $818 |
| Total expenses | $995 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $222,583 |
| Other assets | $0 |
| Total assets | $222,583 |
| Total liabilities | $0 |
| Net assets or fund balances | $222,583 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Triton Education Foundation Inc has recieved totaling $420,000.
| Awarding Organization | Amount |
|---|---|
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc Newburyport, MA PURPOSE: EXEMPT PURPOSE | $390,000 |
Institution For Savings In Newbrypt & Its Vcnty Chrtble Foundation Inc Newburyport, MA PURPOSE: EXEMPT PURPOSE | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vermont Student Development Fund Inc Winooski, VT | $17,468,961 | $10,359,436 |
The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |
The Cape Cod Community College Educational Foundation Inc West Barnstable, MA | $15,428,827 | $3,042,413 |
Cape Cod Foundation Inc South Yarmouth, MA | $88,834,376 | $21,531,654 |
Gilder Lehrman Institute Of American History New York, NY | $67,600,972 | $8,993,543 |
Uaspire Inc Boston, MA | $8,161,176 | $8,929,537 |
Target Als Foundation Inc New York, NY | $26,527,264 | $6,977,665 |
Pursuit Transformation Company Inc Long Island City, NY | $13,294,970 | $6,856,404 |
Firemens Association Of The State New York Foundation Inc Albany, NY | $161,398,482 | $10,617,589 |
Morgan Stanley Foundation Inc New York, NY | $117,614,938 | $39,846,453 |
Stephen Phillips Memorial Scholarship Fund Inc Boston, MA | $45,790,109 | $8,308,700 |