Overview
What is Isaac Newton Foundation Inc?
Isaac Newton Foundation Inc, established under Pennsylvania law, is a nonprofit corporation with a singular mission: to support the health, welfare, and educational interests of the Mathematics, Science & Technology Community Charter School. This school, a Pennsylvania nonprofit corporation exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code, benefits from the foundation's charitable and educational activities. The foundation's role includes providing support to the school and its affiliated or controlled organizations, replicating the school's educational model, and accepting contributions from various sources. Based in Philadelphia, Pennsylvania, the foundation leases property to this charter school and two other not-for-profit entities affiliated with it.
Is Isaac Newton Foundation Inc legitimate?
Isaac Newton Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Isaac Newton Foundation Inc submitted a form 990, 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: $17,233
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What is the mission statement of Isaac Newton Foundation Inc?
The Isaac Newton Foundation Inc is established with a charitable and educational mission, primarily aimed at supporting the Mathematics, Science, and Technology Community Charter School. This school, exempt from federal income tax, serves as the foundation's primary focus. The foundation's objectives include operating for the school's benefit, utilizing resources to replicate its educational model, and receiving contributions from various sources. The foundation's activities are exclusively geared towards furthering the health, welfare, and educational interests of the school and its affiliated or controlled organizations that are publicly supported charities.
Who is the CEO of Isaac Newton Foundation Inc?
Karen Delguer is the Principal Officer of Isaac Newton Foundation Inc.
What is the revenue of Isaac Newton Foundation Inc?
Isaac Newton Foundation Inc's revenue in 2022 was $8,902,357.
Who are the executives of Isaac Newton Foundation Inc and what are their salaries?
The average compensation at Isaac Newton Foundation Inc during 2022 was $17,233. There is 1 employee at Isaac Newton Foundation Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Isaac Newton Foundation Inc?
Isaac Newton Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Isaac Newton Foundation Inc
Isaac Newton Foundation Inc is a non-profit organization, established under the laws of Pennsylvania, with a mission to support the health, welfare, and educational interests of the Mathematics, Science & Technology Community Charter School. This school, which is exempt from federal income tax as an organization described in Section 501(C)(3) of the Internal Revenue Code of 1986, is its primary focus. The Foundation's purpose is exclusively charitable and educational, and it operates to benefit the school and its affiliated or controlled organizations that are publicly supported charities as defined under the Code.
In addition to supporting the school, the Foundation also utilizes resources to replicate the school's educational model. This could involve sharing best practices, providing funding for similar initiatives, or advocating for policies that support the school's mission. Furthermore, the Foundation is permitted to receive contributions from various sources to further its charitable and educational purposes. These contributions can help the Foundation in its mission to support the Mathematics, Science & Technology Community Charter School and promote education in these fields.
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Impact
October, 2024
Isaac Newton Foundation Inc significantly impacts the education landscape, particularly within the mathematics, science, and technology sectors. It plays a crucial role in supporting the health, welfare, and educational interests of the Mathematics, Science & Technology Community Charter School in Philadelphia, Pennsylvania. By leasing property to affiliated charter schools, the Foundation provides essential infrastructure that facilitates learning in these critical subjects.
The Foundation's mission is dedicated to enhancing educational opportunities, ensuring that students receive a robust and focused curriculum in mathematics and science, which are foundational for future success in technology-driven fields. Furthermore, by utilizing resources to replicate the educational model of the affiliated school, the Foundation actively works to expand access to quality education in underserved communities.
Through its commitment to charitable and educational purposes, Isaac Newton Foundation Inc strengthens the overall educational framework, promoting a future generation of innovators and critical thinkers in STEM disciplines. Its efforts are vital for nurturing a knowledgeable and skilled workforce equipped to address the challenges of tomorrow.
This information is meant to be a general summary of Isaac Newton 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $8,373
- Program Service Revenue: $8,882,812
- Gross Receipts: $8,902,357
Assets and Liabilities:
- Total Assets: $139,547,072
- Total Liabilities: $131,624,377
- Net Assets: $7,922,695
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$8,600,574
EMINENT DOMAIN INCOME
Revenue
$282,238
Organization Details
Founding Year
2001
Phone
(856) 505-1300Principal Officer
Karen Delguer
Main Address
1800 EAST BYBERRY ROAD, PHILADELPHIA, PA, 19116
NTEE Category
Code: B11 - Education
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