Freehold Borough Educational Foundation Inc
- Assets
- $37.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Freehold, NJ
- Founding
- 01/2000
- Data as of
- 06/2021
- EIN
- 22-3655026
Organization Overview
Freehold Borough Educational Foundation Inc is located in Freehold, NJ. The organization was established in 2000. 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. Freehold Borough Educational 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 06/2021, Freehold Borough Educational Foundation Inc generated $19.9k 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 (16.8%) each year. All expenses for the organization totaled $47.3k during the year ending 06/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
FOUNDED BY LEADERS OF THE BUSINESS, CIVIC, AND EDUCATIONAL COMMUNITY THROUGHOUT FREEHOLD BOROUGH TO PLANT SEEDS OF EDUCATIONAL EXCELLENCE THOUGH CREATIVE AND INNOVATIVE TEACHING, STUDENT DEVELOPMENT, AND ENHANCED COMMUNITY/SCHOOL PARTNERSHIPS. WE MEET OUR MISSION BY PROVIDING FINANCIAL AND OTHER RESOURCES TO THE STUDENTS IN THIS SCHOOL DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Holtz Chairperson | 5 | $0 | |
Gene Dougherty Secretary | 5 | $0 | |
Lynn Reich Vice Chair | 5 | $0 | |
Elise Mallen Treasurer | 5 | $0 | |
Michele Alcalde ESQ Trustee | 4 | $0 | |
Yeni Cardenas Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,042 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $98 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $725 |
| Total Revenue | $19,865 |
| 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 | $2,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $96 |
| Other expenses | $45,198 |
| Total expenses | $47,294 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $36,989 |
| Other assets | $0 |
| Total assets | $36,989 |
| Total liabilities | $0 |
| Net assets or fund balances | $36,989 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Freehold Borough Educational Foundation Inc has recieved totaling $4,107.
| Awarding Organization | Amount |
|---|---|
Nora Roberts Foundation Inc Glenn Dale, MD PURPOSE: OPERATIONS | $2,000 |
Thomas And Agnes Carvel Foundation Yonkers, NY PURPOSE: UNRESTRICTED GRANT | $1,000 |
Gordon & Llura Gund Foundation Princeton, NJ PURPOSE: TO HELP FURTHER CHARITABLE PURPOSES OF ORGANIZATION. | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $107 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University At Albany Foundation Albany, NY | $129,210,800 | $17,198,773 |
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 |
Delaware State University Foundation Inc Dover, DE | $37,335,368 | $19,092,791 |
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 |
Isaac Newton Foundation Inc Philadelphia, PA | $139,547,072 | $8,902,357 |
Annenberg School For Communication Tr At The University Of Pa Philadelphia, PA | $121,203,086 | $8,507,152 |