The Albany Education Foundation is located in Albany, CA. The organization was established in 1995. 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. Albany Education Foundation 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, Albany Education Foundation generated $71.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $89.7k during the year ending 06/2023. 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
THIS ORGANIZATION AWARDED ABOUT 60 GRANTS WHICH ENHANCED AND ENRICHED PUBLIC EDUCATION PROGRAMS AND OPPORTUNITIES FOR THE 3,800 ALBANY UNIFIED SCHOOL DISTRICT STUDENTS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dianne Mcnenny President | 4 | $0 | |
Marsha Skinner Vice President | 4 | $0 | |
Peggy Mcquaid Co Treasurer | 4 | $0 | |
Danell Doty Co Treasurer | 4 | $0 | |
Jon Destin Board Member | 2 | $0 | |
Alexia Ritchie Board Member | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,774 |
| Total Program Service Revenue | $3,446 |
| Membership dues | $0 |
| Investment income | $1,164 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $54 |
| Total Revenue | $71,438 |
| 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 | $5,402 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $189 |
| Other expenses | $16,217 |
| Total expenses | $89,683 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $185,659 |
| Other assets | $0 |
| Total assets | $185,659 |
| Total liabilities | $0 |
| Net assets or fund balances | $185,659 |