Tewksbury Education Foundation Inc
- Assets
- $580.5k
- Revenue
- $65.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Oldwick, NJ
- Founding
- 12/1996
- Data as of
- 06/2019
- EIN
- 22-3433062
Organization Overview
Tewksbury Education Foundation Inc is located in Oldwick, NJ. The organization was established in 1996. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. Tewksbury 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 06/2019, Tewksbury Education Foundation Inc generated $65.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.5%) each year. All expenses for the organization totaled $74.0k during the year ending 06/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
A NON-PROFIT COMMUNITY ORGANIZATION DEDICATED TO SUPPORTING AND ENHANCING EDUCATION EXCELLENCE IN TEWKSBURY, NJ.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED CULTURAL ARTS, ASSEMBLIES AND WORKSHOPS FOR MIDDLE SCHOOL CHILDREN
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allison Christian President | Trustee | 1 | $0 |
Dawn Miller Secty | Trustee | 1 | $0 |
Tim Newell Treasurer | Trustee | 1 | $0 |
Andrea Stein Vice Pres | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,472 |
| Investment income | $15,213 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $27,764 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $65,449 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $2,595 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,946 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,216 |
| Office expenses | $4,540 |
| Information technology | $0 |
| 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 | $1,610 |
| All other expenses | $0 |
| Total functional expenses | $73,988 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,527 |
| Savings and temporary cash investments | $0 |
| 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 |
| Investments—publicly traded securities | $545,964 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $580,491 |
| 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 | $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 | $580,491 |
Grants Awarded
Over the last fiscal year, Tewksbury Education Foundation Inc has awarded $35,621 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Princeton, NJ PURPOSE: EDUCATION | $10,945 |
Florham Park, NJ PURPOSE: EDUCATION | $9,200 |
Morristown, NJ PURPOSE: EDUCATION | $8,300 |
TEWKSBURY BOARD OF EDUCATION PURPOSE: Education | $7,176 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Tewksbury Education Foundation Inc has recieved totaling $4,400.
| Awarding Organization | Amount |
|---|---|
Gregg & Jean Frankel Foundation Inc New York, NY PURPOSE: EDUCATION | $4,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Learning Lamp Inc Johnstown, PA | $5,123,554 | $8,804,669 |
West Chester University Student Services Inc West Chester, PA | $13,094,103 | $8,544,648 |
Student Association Inc California, PA | $24,020,549 | $6,805,716 |
Student Cooperative Association Inc Indiana, PA | $29,525,625 | $9,645,452 |
Albert Einstein College Of Medicine Staff Housing Company Inc Bronx, NY | $37,908,103 | $6,828,997 |
Bernard M Baruch College Auxiliary Enterprises Corporation New York, NY | $2,835,381 | $7,073,623 |
Shippensburg University Student Services Inc Shippensburg, PA | $2,959,085 | $3,291,326 |
University At Buffalo Student Association Inc Buffalo, NY | $6,243,803 | $4,544,119 |
Empirical Resolution Inc New York, NY | $7,350,506 | $4,345,659 |
Faculty Student Association Of Westchester Community College Inc Valhalla, NY | $11,997,286 | $3,578,738 |
John Jay College New York, NY | $4,331,954 | $4,637,173 |
Faculty Student Association At Downstate Medical Center Inc Brooklyn, NY | $2,207,476 | $3,694,681 |