Foster Teen Employment Network Inc is located in Rye Brook, NY. The organization was established in 2018. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foster Teen Employment 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 12/2022, Foster Teen Employment Network Inc generated $100.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 69.3% each year . All expenses for the organization totaled $84.1k during the year ending 12/2022. 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
FTEN ENGAGEMENT PROGRAM
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Goldstein Chairman | 25 | $36,000 | |
Briggitte Dix Director | 1 | $0 | |
Faith Mcgillicuddy Benoit Secretary | 1 | $0 | |
Dorothy Bradshaw Director | 1 | $1,580 | |
Jonathan Gonzalez Director | 1 | $0 | |
Sara Cielo Reel Director | 1 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $100,630 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $100,639 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $42,684 |
| Professional fees and other payments to independent contractors | $6,160 |
| Occupancy, rent, utilities, and maintenance | $7,000 |
| Printing, publications, postage, and shipping | $58 |
| Other expenses | $28,236 |
| Total expenses | $84,138 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $47,529 |
| Other assets | $0 |
| Total assets | $47,529 |
| Total liabilities | $120 |
| Net assets or fund balances | $47,409 |