Wayne Education Foundation Inc
- Assets
- $11.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Wayne, NJ
- Founding
- 09/2012
- Data as of
- 06/2023
- EIN
- 45-5310703
Organization Overview
Wayne Education Foundation Inc is located in Wayne, NJ. The organization was established in 2012. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Wayne Education 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 06/2023, Wayne Education Foundation Inc generated $103.5k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.3%) each year. All expenses for the organization totaled $101.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.0%) per year over the past 6 years. 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
ENHANCE AND SUPPORT THE WAYNE TOWNSHIP PUBLIC SCHOOL SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Maron President | 4 | $0 | |
Hilary Caruso Vice Preside | 4 | $0 | |
Amy Gharibian Treasurer | 4 | $0 | |
Alice Heller Chairperson | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,500 |
| Total Program Service Revenue | $112,943 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$10,906 |
| Other Revenue | $0 |
| Total Revenue | $103,537 |
| 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 | $599 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73,753 |
| Total expenses | $101,190 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,918 |
| Other assets | $0 |
| Total assets | $11,918 |
| Total liabilities | $0 |
| Net assets or fund balances | $11,918 |