Foundation For Catholic Education Inc
- Assets
- $2.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Wilmot, NH
- Founding
- 08/2017
- Data as of
- 06/2022
- EIN
- 81-4497596
Organization Overview
Foundation For Catholic Education Inc is located in Wilmot, NH. The organization was established in 2017. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., 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. Foundation For Catholic Education 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 06/2022, Foundation For Catholic Education Inc generated $113.9k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $128.7k during the year ending 06/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE SUPPORT TO CATHOLIC SCHOOLS TO HELP WITH OPERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor Prieto Executive Director | 40 | $80,000 | |
Javier Valenzuela Treasurer | 1 | $0 | |
Scott Reid Director | 1 | $0 | |
John Klucinec Secretary | 1 | $0 | |
Edward Walsh Director | 1 | $0 | |
Stephen Kaneb Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,892 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $113,892 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $86,431 |
| Professional fees and other payments to independent contractors | $200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,603 |
| Total expenses | $128,654 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $2,220 |
| Total liabilities | $22,879 |
| Net assets or fund balances | -$20,659 |
Grants Awarded
Over the last fiscal year, Foundation For Catholic Education Inc has awarded $54,658 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Lancaster, NH PURPOSE: Space Rental | $45,258 |
Richmond, VA PURPOSE: Space Rental | $9,400 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Foundation For Catholic Education Inc has recieved totaling $50,054.
| Awarding Organization | Amount |
|---|---|
Rosswood Foundation Vero Beach, FL PURPOSE: FINANCIAL SUPPORT FOR SCHOOLS | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $54 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Worcester City Campus Corporation Shrewsbury, MA | $408,230,540 | $37,285,221 |
Massachusetts Green High Performance Computing Center Inc Holyoke, MA | $16,995,884 | $7,668,165 |
Vmc Indemnity Company Inc Burlington, VT | $100,648,707 | $14,545,433 |
Hill For Literacy Inc Woburn, MA | $4,985,114 | $5,142,068 |
Springfield Empowerment Zone Partnership Inc Springfield, MA | $1,933,246 | $3,615,602 |
Babson Global Inc Babson Park, MA | $57,693,168 | $4,620,069 |
Australian Universities & Schools Usa Foundation Inc Cambridge, MA | $340,253 | $2,427,102 |
Timothy Smith Network Inc Roxbury, MA | $1,262,156 | $986,082 |
American Congregational Association Boston, MA | $42,360,042 | $2,216,371 |
Lgh Administrative Services Inc Lawrence, MA | $34,376,000 | $388,422 |
Longwood Medical Energy Collaborative Inc Boston, MA | $336,172 | $1,324,978 |
Presentation School Foundation Inc Brighton, MA | $5,273,831 | $874,783 |