Foundation For Educational Administration
- Assets
- $7.5m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 249
- Location
- Monroe Twp, NJ
- Founding
- 01/1987
- Data as of
- 06/2020
- EIN
- 22-2757694
Organization Overview
Foundation For Educational Administration is located in Monroe Twp, NJ. The organization was established in 1987. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2021, Foundation For Educational Administration employed 249 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Educational Administration 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 06/2020, Foundation For Educational Administration generated $6.0m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $6.3m during the year ending 06/2020. As we would expect to see with falling revenues, expenses have declined by (0.5%) per year over the past 6 years. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
ADVANCING EDUCATION ADMINISTRATION IN THE STATE OF NEW JERSEY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROFESSIONAL DEVELOPMENT PROGRAMS DESIGNED FOR PRINCIPALS AND SUPERVISORS OF NEW JERSEY SCHOOLS
ADMINISTERING ON BEHALF OF THE STATE OF NEW JERSEY A TWO YEAR MENTORING PROGRAM FOR NEW SCHOOL ADMINISTRATORS IN THE STATE OF NEW JERSEY.
PROFESSIONAL DEVELOPMENT PROGRAM DESIGNED TO ACCREDIT NEW SUPERVISORS AND PRINCIPALS IN NEW JERSEY
GRANTS FROM VARUOUS SOURCES TO PROVIDE DISTRICT/SCHOOL CREATIVE LEADERSHIP TEAMS WITH PROGRAMMING TO DESIGN AND IMPLEMENT ARTS INTEGRATION STRATEGIES
PROFESSIONAL DEVELOPMENT PROGRAMS DESIGNED FOR PRINCIPALS AND SUPERVISORS OF NEW JERSEY SCHOOLS
ADMINISTERING ON BEHALF OF THE STATE OF NEW JERSEY A TWO YEAR MENTORING PROGRAM FOR NEW SCHOOL ADMINISTRATORS IN THE STATE OF NEW JERSEY.
PROFESSIONAL DEVELOPMENT PROGRAM DESIGNED TO ACCREDIT NEW SUPERVISORS AND PRINCIPALS IN NEW JERSEY
GRANTS FROM VARUOUS SOURCES TO PROVIDE DISTRICT/SCHOOL CREATIVE LEADERSHIP TEAMS WITH PROGRAMMING TO DESIGN AND IMPLEMENT ARTS INTEGRATION STRATEGIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Nash Program Administrator | 40 | $190,944 | |
Donna Mcinerney C.e.o. | Officer | 40 | $166,260 |
Mary Reese Program Administrator | 24 | $155,551 | |
Angelina Finnegan Program Administrator | 40 | $114,444 | |
Denise Hecht C.f.o. | Officer | 15 | $0 |
Patricia Wright President | Officer | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $937,905 |
| Investment income | $25 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $120,792 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,007,495 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $163,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,652,944 |
| Pension plan accruals and contributions | $131,645 |
| Other employee benefits | $180,789 |
| Payroll taxes | $216,980 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $29,636 |
| Fees for services: Accounting | $87,037 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $805 |
| Advertising and promotion | $0 |
| Office expenses | $154,596 |
| Information technology | $45,664 |
| Royalties | $0 |
| Occupancy | $210,221 |
| Travel | $12,114 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,295 |
| Interest | $59,844 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $371,707 |
| Insurance | $39,031 |
| All other expenses | $0 |
| Total functional expenses | $6,259,897 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $531,670 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,159,612 |
| 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 | $19,215 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $5,808 |
| Total assets | $7,493,691 |
| Accounts payable and accrued expenses | $452,806 |
| Grants payable | $0 |
| Deferred revenue | $1,522,469 |
| 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 | $2,705,949 |
| Total liabilities | $4,681,224 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $2,812,467 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Foundation For Educational Administration has recieved totaling $787,500.
| Awarding Organization | Amount |
|---|---|
Princeton Area Community Foundation Inc Lawrenceville, NJ PURPOSE: Healing Centered Engagement in Mercer County Schoo | $450,000 |
Community Foundation Of New Jersey Morristown, NJ PURPOSE: GENERAL SUPPORT | $337,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Educators For Excellence New York, NY | $11,862,127 | $12,667,542 |
Society Of Hospital Medicine Philadelphia, PA | $18,912,774 | $11,282,806 |
Pennsylvania School Boards Association Inc Mechanicsburg, PA | $12,806,871 | $8,442,070 |
Foundation For Educational Administration Monroe Twp, NJ | $7,493,691 | $6,007,495 |
National Association Of Colleges And Employers Bethlehem, PA | $16,581,342 | $8,504,625 |
Delaware State Education Association Dover, DE | $9,815,225 | $5,886,540 |
Center For Educational Innovation New York, NY | $3,305,790 | $4,609,505 |
International Literacy Association Newark, DE | $6,658,343 | $4,057,969 |
American Federation Of Teachers Buffalo, NY | $5,936,673 | $3,712,581 |
Living Independently Is For Everyone At Rcil Inc Utica, NY | $1,208,648 | $3,312,163 |
Association Of School Business Officials International Harrisburg, PA | $6,658,809 | $3,601,087 |
Caucus Educational Corporation Inc Verona, NJ | $4,412,371 | $3,782,556 |