Ridley Education Association is located in Newtown Square, PA. The organization was established in 1998. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. Ridley Education Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2023, Ridley Education Association generated $90.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $61.6k during the year ending 08/2023. 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
PROMOTION OF THE INTEREST IN EDUCATION THROUGH SCHOLARSHIPS TO FUTURE TEACHERS AND SERVICE ORGANIZATIONS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Verticelli Treasurer | 2 | $4,970 | |
Hal Dugan Vice President | 2 | $5,936 | |
John Drygas Secretary | 2 | $3,470 | |
Jarrod Schoffler Executive Board | 2 | $1,470 | |
Marianne Martin Executive Board | 2 | $4,936 | |
Kara Czernik Executive Board | 2 | $1,970 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $83,053 |
| Investment income | $7,709 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,762 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $38,681 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,894 |
| Total expenses | $61,575 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $298,314 |
| Other assets | $0 |
| Total assets | $298,314 |
| Total liabilities | $0 |
| Net assets or fund balances | $298,314 |