Summerfield Elementary Pto Inc is located in Neptune, NJ. The organization was established in 2016. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Summerfield Elementary Pto 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, Summerfield Elementary Pto Inc generated $38.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $48.5k during the year ending 06/2024. While expenses have increased by 12.1% 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
2024
Describe the Organization's Program Activity:
Part 3
THE SUMMERFIELD ELEMENTARY PTO, INC. ORGANIZES AND SUPPORTS ACTIVITIES AND EVENTS SUCH AS FIELD DAY, FIELD TRIPS, DANCES, ETC. FOR THE STUDENTS AND FAMILIES OF THE SUMMERFIELD ELEMENTARY SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Hoffman President | 5 | $0 | |
Gabi Bruno Vice Preside | 5 | $0 | |
Michele Narciso Treasurer | 5 | $0 | |
Jeanne Mitev Secretary | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $2,422 |
Total Program Service Revenue | $4,306 |
Membership dues | $0 |
Investment income | $9 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $31,288 |
Other Revenue | $0 |
Total Revenue | $38,025 |
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 | $300 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $48,204 |
Total expenses | $48,504 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $9,583 |
Other assets | $0 |
Total assets | $9,583 |
Total liabilities | $0 |
Net assets or fund balances | $9,583 |