Atlantic City Education Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 222820650 ✦ Atlantic city, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Atlantic City Education Foundation Inc?

The Atlantic City Education Foundation Inc, based in an unspecified location, is a dedicated nonprofit organization. Its primary purpose is to accumulate funds for student scholarships and teacher education expenses. The foundation is committed to achieving this objective by allocating resources effectively, as demonstrated by the $6541 spent on program expenditures in the previous year. To fulfill its mission, the Atlantic City Education Foundation implements various programs, such as granting scholarships to 12 deserving students and offering mini grants to 2 dedicated teachers, thereby supporting the educational community.

Is Atlantic City Education Foundation Inc legitimate?

Atlantic City Education Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Atlantic City Education Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Atlantic City Education Foundation Inc?

The Atlantic City Education Foundation's primary mission is centered around raising funds. Specifically, it aims to support student scholarships and teacher education expenses. The organization actively works towards achieving this goal by allocating resources, as evident by the $6541 spent on program expenditures in the previous year. One of its initiatives includes granting scholarships to 12 students and offering mini grants to 2 teachers to enhance their educational endeavors.

What is the revenue of Atlantic City Education Foundation Inc?

Atlantic City Education Foundation Inc's revenue in 2023 was $60,758.

Who are the executives of Atlantic City Education Foundation Inc and what are their salaries?

There is 1 key member and their salary:


Ann Rosenberg (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Atlantic City Education Foundation Inc?

Atlantic City Education Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Atlantic City Education Foundation Inc

The Atlantic City Education Foundation, a nonprofit organization, is primarily dedicated to raising funds for student scholarships and teacher education expenses. Its mission is to generate revenue for these purposes, with a significant portion of funds allocated towards program expenditures. In line with this mission, the foundation has implemented various programs. Notably, it grants 12 scholarships to deserving students, providing them with financial aid to pursue their academic goals. Furthermore, the foundation also awards 2 mini grants to teachers, enabling them to enhance their teaching methods and create more engaging learning experiences for their students. By supporting both students and educators in this way, the Atlantic City Education Foundation contributes to fostering a nurturing and enriching educational environment.

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Impact




August, 2024

The impact of Atlantic City Education Foundation Inc is tangible and meaningful. Through their programs aimed at raising funds for student scholarships and teacher education expenses, the foundation has provided support to numerous individuals in the community. In the previous year, the organization allocated $6541 towards program expenditures, demonstrating their commitment to enhancing education opportunities. Additionally, the foundation's efforts have resulted in the granting of 12 scholarships and 2 mini grants to teachers, further enriching the educational landscape in Atlantic City.




This information is meant to be a general summary of Atlantic City Education Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$60,758 (2023)
Expenses
$17,151 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $1
  • Gross Receipts: $66,771

Assets and Liabilities:

  • Total Assets: $66,799
  • Total Liabilities: $0
  • Net Assets: $66,799

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Organization Details

Principal Officer

Ann Rosenberg

NTEE Category

Code: B82 - Education

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