Education Success Network Inc
- Assets
- $4.9m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 36
- Location
- Rochester, NY
- Founding
- 11/2007
- Data as of
- 06/2024
- EIN
- 26-0181589
Organization Overview
Education Success Network Inc is located in Rochester, NY. The organization was established in 2007. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2024, Education Success Network Inc employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education Success Network 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 06/2024, Education Success Network Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $2.7m during the year ending 06/2024. While expenses have increased by 2.3% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT HIGH-QUALITY SCHOOLS AND EDUCATIONAL OPPORTUNITIES FOR STUDENT SUCCESS
Describe the Organization's Program Activity:
Part 3 - Line 4a
BENEFITING AND SUPPORTING THE CHARITABLE AND EDUCATIONAL ACTIVITIES OF THE NORMAN HOWARD SCHOOL, EDUCATION SUCCESS FOUNDATION, INC., ENCOMPASS: RESOURCES FOR LEARNING, INC. AND ITS AFFILIATED ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Martino Ceo/secretary | OfficerTrustee | 1 | $238,369 |
John Del Monte Board Member | Trustee | 1 | $0 |
Joseph Defendis Board Member | Trustee | 1 | $0 |
Edward P Hourihan Jr Treasurer | OfficerTrustee | 1 | $0 |
Thomas Kane Board Member | Trustee | 1 | $0 |
George Medill Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,029,230 |
| Investment income | $42,935 |
| 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 | $3,072,165 |
| 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. | $721,938 |
| Compensation of current officers, directors, key employees. | $25,188 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,327,482 |
| Pension plan accruals and contributions | $43,495 |
| Other employee benefits | $172,445 |
| Payroll taxes | $94,561 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,615 |
| Fees for services: Accounting | $98,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $48,463 |
| Advertising and promotion | $165 |
| Office expenses | $87,097 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,945 |
| 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 | $2,308 |
| Insurance | $18,287 |
| All other expenses | $1,499 |
| Total functional expenses | $2,669,700 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $28,549 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $13,184 |
| 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 | $8,192 |
| Net Land, buildings, and equipment | $54,505 |
| Investments—publicly traded securities | $1,213,858 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,584,624 |
| Total assets | $4,902,912 |
| Accounts payable and accrued expenses | $340,821 |
| 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 | $2,294,926 |
| Total liabilities | $2,635,747 |
| Net assets without donor restrictions | $2,267,165 |
| 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 | $4,902,912 |