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The Moorings Educational Foundation Inc

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

EIN: 263092901 ✦ Vero beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is The Moorings Educational Foundation Inc?

The Moorings Educational Foundation Inc, a nonprofit organization, is committed to empowering students by offering financial aid through scholarships. During the 2022-2023 academic year, they distributed grants totaling $98,363 to 40 deserving students, aiding in their educational progress and skill development. By providing this financial assistance, the foundation contributes to the broader goal of fostering learning and personal growth among its recipients.

Is The Moorings Educational Foundation Inc legitimate?

The Moorings Educational Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Moorings Educational 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 The Moorings Educational Foundation Inc?

The Moorings Educational Foundation's mission is centered around providing financial aid, specifically in the form of scholarships. This aid is designed to support students in their educational advancement and skill development. During the 2022-2023 academic year, the foundation distributed scholarships worth $98,363 to a total of 40 students. This non-profit organization aims to contribute to the education and skill development of numerous students, thereby potentially contributing to their future successes.

What is the revenue of The Moorings Educational Foundation Inc?

The Moorings Educational Foundation Inc's revenue in 2023 was $108,329.

Who are the executives of The Moorings Educational Foundation Inc and what are their salaries?

Here are 8 key members and their salaries:


Pamela Delaney (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara J Gervais (Vp & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith A Ziemski (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Angelus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Nicholas Hurd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Bruce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Wood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Mccarthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for The Moorings Educational Foundation Inc?

The Moorings Educational Foundation Inc's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of The Moorings Educational Foundation Inc

The Moorings Educational Foundation, in its mission, offers financial aid in the form of scholarships to aid students in their educational advancement and skill development. During the 2022-2023 academic year, the foundation generously awarded a total of $98,363 in scholarships to 40 deserving students. This nonprofit organization is dedicated to supporting students in their pursuit of knowledge and personal growth, contributing to their overall betterment.

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Impact




October, 2024

The Moorings Educational Foundation Inc significantly enhances educational opportunities for students by providing essential financial aid through scholarships. During the 2022-2023 academic year, it awarded a total of $98,363 to 40 students, helping them advance their education and develop vital skills. This support not only alleviates the financial burden of higher education but also empowers individuals to pursue their academic and career goals in Vero Beach, FL, ultimately contributing to a more educated and skilled community. Through its commitment to educational advancement, the foundation plays a critical role in fostering opportunities for personal and professional growth.




This information is meant to be a general summary of The Moorings Educational 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
$108,329 (2023)
Expenses
$74,577 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $4,373
  • Gross Receipts: $108,329

Assets and Liabilities:

  • Total Assets: $229,262
  • Total Liabilities: $43,415
  • Net Assets: $185,847

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Organization Details

Principal Officer

Pamela Delaney

NTEE Category

Code: B82 - Education

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