Bay Head School Foundation is located in Bay Head, NJ. The organization was established in 2001. 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. Bay Head School Foundation 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 12/2023, Bay Head School Foundation generated $80.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 10.2% each year . All expenses for the organization totaled $51.1k during the year ending 12/2023. While expenses have increased by 2.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
OPERATING AND MAINTAINING AN ORGANIZATION TO RAISE FUNDS FOR THE BAY HEAD SCHOOL DISTRICT
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bonnie Hurley President | 1 | $0 | |
Sharon Shaning Vice President | 1 | $0 | |
Eric Jacobs Treasurer | 1 | $0 | |
Sara Karam Secretary | 1 | $0 | |
Jean Akersten Trustee | 1 | $0 | |
Katherine Christie Trustee | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,875 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,801 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $69,227 |
| Other Revenue | $0 |
| Total Revenue | $80,903 |
| 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 | $895 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $426 |
| Other expenses | $1,291 |
| Total expenses | $51,093 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $299,792 |
| Other assets | $0 |
| Total assets | $299,792 |
| Total liabilities | $0 |
| Net assets or fund balances | $299,792 |