Achieve Foundation Of South Orange And Maplewood Inc
- Assets
- $407.5k
- Revenue
- $401.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Maplewood, NJ
- Founding
- 01/1990
- Data as of
- 06/2021
- EIN
- 22-2822566
Organization Overview
Achieve Foundation Of South Orange And Maplewood Inc is located in Maplewood, NJ. The organization was established in 1990. 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 06/2021, Achieve Foundation Of South Orange And Maplewood Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Achieve Foundation Of South Orange And Maplewood 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 06/2021, Achieve Foundation Of South Orange And Maplewood Inc generated $401.6k 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 (8.7%) each year. All expenses for the organization totaled $305.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.7%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO ENHANCE THE EDUCATIONAL EXPERIENCE FOR STUDENTS IN THE SOUTH ORANGE/MAPLEWOOD PUBLIC SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ENHANCE THE EDUCATIONAL EXPERIENCE FOR STUDENTS IN THE SOUTH ORANGE/MAPLEWOOD PUBLIC SCHOOLS.
THE ACHIEVE VOLUNTEER TUTOR PROGRAM IS FUNDED JOINTLY BY THE FOUNDATON AND THE SCHOOL DISTRICT. IT RECRUITS, TRAINS, ASSIGNS AND SUPPORTS 300 VOLUNTEER TUTORS, WHO PROVIDED ACADEMIC ASSISTANCE TO 350 STUDENTS WHO ARE AT ACADEMIC RISK AND/OR FROM FAMILIES WITH FINANCIAL NEED. WORKING ALONGSIDE THE SCHOOL DISTRICT'S ACADEMIC INTERVENTION PROGRAM ENABLES ACHIEVE TO TAILOR THE TUTORING TO THE SPECIFIC NEEDS OF THE TUTEES.
THE ACHIEVE FOUNDATION PROMOTES HIGH-QUALITY EDUCATION THAT PREPARES SOUTH ORANGE-MAPLEWOOD SCHOOL DISTRICT STUDENTS FOR THE FUTURE. WE SUPPORT OUR STUDENTS, FAMILIES AND EDUCATORS BY ADDRESSING INEQUITIES, INSPIRING INNOVATION AND FOSTERING COMMUNITY. THIS INCLUDES: CHAMPION EXCELLENCE: ENHANCING STUDENT EXPERIENCES THROUGH MEANINGFUL PROGRAMS, GRANTS AND FUNDING THAT ADVANCE BEST EDUCATIONAL PRACTICES ADDRESS EQUITY: ADDRESSING THE OPPORTUNITY GAP AND UNMET EDUCATIONAL NEEDS FOR VULNERABLE STUDENTS IN THE DISTRICT BUILD COMMUNITY: BRINGING TOGETHER AND WORKING IN COORDINATION WITH STAKEHOLDERS (STUDENTS, FAMILIES, TEACHERS, ADMINISTRATORS, VOLUNTEERS, COMMUNITY AT LARGE) TO STRENGTHEN AND ENRICH EDUCATIONAL EXPERIENCES DELIVER SOLUTIONS: LISTENING TO STAKEHOLDERS, EVALUATING OPTIONS, AND RESPONDING TO EVOLVING NEEDS THROUGHOUT THE DISTRICT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eileen Collins Neri Executive Di | Officer | 30 | $44,174 |
Heather Truscinski VP Strategy | OfficerTrustee | 3 | $0 |
Jen Grady VP Communica | OfficerTrustee | 3 | $0 |
Beth Daugherty VP Fundraise | OfficerTrustee | 3 | $0 |
Sara D'andrea Secretary | OfficerTrustee | 2 | $0 |
Mary Ellen Dawkins Treasurer | OfficerTrustee | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $59,417 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $313,426 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $372,843 |
| Total Program Service Revenue | $0 |
| Investment income | $28,789 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $401,632 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $108,793 |
| Grants and other assistance to domestic individuals. | $47,379 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $44,175 |
| Compensation of current officers, directors, key employees. | $17,670 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $57,004 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,930 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,692 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,743 |
| Advertising and promotion | $155 |
| Office expenses | $6,042 |
| Information technology | $9,322 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| 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 | $0 |
| Insurance | $2,166 |
| All other expenses | $0 |
| Total functional expenses | $305,428 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $142,729 |
| Savings and temporary cash investments | $264,810 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $407,539 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $223,635 |
| Net assets with donor restrictions | $183,904 |
| 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 | $407,539 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Achieve Foundation Of South Orange And Maplewood Inc has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Provident Bank Foundation Inc Iselin, NJ PURPOSE: GENERAL OPERATING SUPPORT | $2,500 |
Endowment Analysis
| Beg. Balance | $114,378 |
| Earnings | $6,195 |
| Net Contributions | $125 |
| Grants | $4,173 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stony Brook Foundation Inc Stony Brook, NY | $732,698,663 | $129,247,386 |
University At Buffalo Foundation Inc Buffalo, NY | $1,104,161,290 | $45,943,366 |
Americans For Ben-Gurion University Inc New York, NY | $873,598,749 | $105,090,161 |
Anderson Center Services Inc Staatsburg, NY | $47,866,926 | $36,341,767 |
Forrestal Agricultural Corporation Princeton, NJ | $368,119,233 | $43,096,782 |
Faculty-Student Assoc Of State University Of Ny At Stony Brook Stony Brook, NY | $54,956,974 | $31,334,535 |
Foundation For Indiana University Of Pennsylvania Indiana, PA | $226,911,998 | $27,994,482 |
Foundation Of The State University Of New York At Binghamton Inc Binghamton, NY | $286,478,699 | $29,318,635 |
New York University School Of Law Foundation New York, NY | $145,376,406 | $16,902,006 |
Ubf Faculty-Student Housing Corp Buffalo, NY | $136,055,512 | $19,963,891 |
Educational And Cultural Trust Fund Of The Electrical Industry Flushing, NY | $84,016,859 | $24,193,596 |
Unidel Foundation Inc Greenville, DE | $452,249,782 | $36,851,681 |