Cheltenham Township Adult School
- Assets
- $89.4k
- Revenue
- $91.1k
- Investments
- $0.0
- Employees
- 2
- Location
- Wyncote, PA
- Founding
- 03/1965
- Data as of
- 06/2021
- EIN
- 23-1634086
Organization Overview
Cheltenham Township Adult School is located in Wyncote, PA. The organization was established in 1965. According to its NTEE Classification (B60) the organization is classified as: Adult Education, under the broad grouping of Education and related organizations. As of 06/2021, Cheltenham Township Adult School employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cheltenham Township Adult School 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, Cheltenham Township Adult School generated $91.1k 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 (17.1%) each year. All expenses for the organization totaled $135.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (11.0%) 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 PROVIDE EDUCATIONAL, CULTURAL, VOCATIONAL AND RECREATIONAL OPPORTUNITIES FOR ADULTS IN CHELTENHAM TOWNSHIP AND NEIGHBORING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OFFERS A VARIETY OF CLASSES THAT ARE OFFERED TO THE PUBLIC. THEY ARE NON ACCREDITED COURSES AND RANGE IN PRICE. THE ORGANIZATION ALSO PROVIDES TRIPS AND RECREATIONAL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marsha Fischer President | OfficerTrustee | 5 | $0 |
Jack Guarneri Secretary | OfficerTrustee | 5 | $0 |
Martin Gross Treasurer | OfficerTrustee | 5 | $0 |
Susan Bowden Director | Trustee | 5 | $0 |
Justine Gerety Director | Trustee | 5 | $0 |
Linda London Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $13,250 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,555 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $31,805 |
| Total Program Service Revenue | $58,531 |
| Investment income | $743 |
| 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 | $91,079 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,999 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $4,395 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,834 |
| Advertising and promotion | $23,827 |
| Office expenses | $2,809 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $900 |
| 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 | $138 |
| Insurance | $5,970 |
| All other expenses | $1,221 |
| Total functional expenses | $135,167 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $39,880 |
| Savings and temporary cash investments | $47,542 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $514 |
| 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 | $1,493 |
| 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 | $89,429 |
| Accounts payable and accrued expenses | $265 |
| 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 | $35,789 |
| Total liabilities | $36,054 |
| Net assets without donor restrictions | $53,375 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $89,429 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cheltenham Township Adult School has recieved totaling $20.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $20 |
Peer Organizations
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|---|---|---|
Practising Law Institute New York, NY | $169,437,578 | $109,173,484 |
Lundeberg Maryland Seamanship School Inc Camp Springs, MD | $45,157,117 | $7,542,637 |
Umbc Training Enterprises Inc Columbia, MD | $4,982,165 | $14,677,321 |
Workforce Development Institute Inc Albany, NY | $2,796,326 | $10,204,057 |
United For Respect Education Fund Brooklyn, NY | $7,552,270 | $7,410,651 |
1st Street Foundation Inc Brooklyn, NY | $4,623,074 | $8,726,760 |
Local Union 164 Electrical Joint Apprenticeship And Training Trust Paramus, NJ | $19,017,559 | $4,299,279 |
Leading Edge Alliance Inc New York, NY | $10,397,327 | $8,264,467 |
Chronic Liver Disease Foundation Inc Clark, NJ | $1,027,147 | $3,658,520 |
Read To Lead Inc New York, NY | $3,901,385 | $3,177,958 |
Resource Training Center Inc Staten Island, NY | $1,509,183 | $2,732,050 |
Institute Of Classical Architecture And Art Inc New York, NY | $5,800,944 | $3,154,717 |