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The Serc Foundation Inc

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

EIN: 383978620 ✦ Waterbury, CT ✦ Designated as a 501(c)(3)

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Overview

What is The Serc Foundation Inc?

The Serc Foundation Inc, based in Waterbury, Connecticut, is a nonprofit organization with a mission to improve educational opportunities and diminish disparities in educational outcomes for all Connecticut students. To achieve this goal, they provide grants and/or loans to designated individuals and associations. The foundation focuses on enhancing the capabilities of its staff by certifying additional team members and converting previously affiliated staff to certified practitioners. They also prioritize expanding learning opportunities for their staff through expert-led workshops beyond their Peg programming.


Official website here: www.ctserc.org

Is The Serc Foundation Inc legitimate?

The Serc Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Serc 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: $0

For more financial information, click here


Official website here: www.ctserc.org

What is the mission statement of The Serc Foundation Inc?

The Serc Foundation Inc's mission is to establish and administer specific funds, which are subsequently utilized to provide grants and/or loans to designated individuals and associations. The primary objective of these funds is to advance the education of all students in Connecticut and decrease disparities in educational outcomes. The foundation's activities aim to contribute to the betterment of education for all, focusing on reducing educational disparities. To support this mission, the foundation invests in capacity building, including facilitating the certification of additional staff and converting previously affiliated staff to certified practitioners. Furthermore, the foundation encourages staff learning opportunities by inviting experts beyond Peg programming.


Official website here: www.ctserc.org

What is the revenue of The Serc Foundation Inc?

The Serc Foundation Inc's revenue in 2024 was $308,756.


Official website here: www.ctserc.org

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

There 5 volunteers at The Serc Foundation Inc.

Here are 5 key members and their salaries:


Jeffrey Leake (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Flinter (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Calderon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Agnes Quinones (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ctserc.org

Where can I find the form 990 for The Serc Foundation Inc?

The Serc Foundation Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.ctserc.org

Learn more at the official website: www.ctserc.org

Mission Statement of The Serc Foundation Inc

The Serc Foundation Inc is committed to establishing and managing specific funds aimed at providing grants and/or loans to designated individuals and associations. Their primary objective is to advance the education of all Connecticut students and decrease disparities in educational outcomes. By offering financial support, The Serc Foundation Inc aims to empower individuals and associations within the educational sector, contributing to a more equitable educational landscape.

In addition to their financial assistance, The Serc Foundation Inc also focuses on building internal capacity. This involves ensuring additional staff become certified practitioners, providing opportunities for staff who have previously earned an 'affiliate' status to convert to certified practitioners, and increasing learning opportunities for staff through expertise gained beyond their PEG programming. By investing in their staff, The Serc Foundation Inc strengthens its ability to effectively support the education sector and achieve its mission of promoting equality in educational outcomes.

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Impact




October, 2024

The Serc Foundation Inc profoundly impacts education in Connecticut by establishing and administering funds dedicated to advancing educational opportunities and reducing disparities in educational outcomes. Through targeted grants and loans, it supports designated individuals and organizations, fostering an inclusive learning environment for all students.

Additionally, the foundation prioritizes internal capacity building, ensuring that staff members become certified practitioners and have access to continuous learning opportunities with experts beyond the primary programming. This commitment enhances the quality of education delivered, equipping educators with the necessary tools and knowledge to better serve students.

By focusing on both financial support and professional development, The Serc Foundation Inc plays a crucial role in shaping a more equitable education landscape across Connecticut, ultimately benefiting the academic success of all students.




This information is meant to be a general summary of The Serc 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
$308,756 (2024)
Expenses
$216,591 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $101,256
  • Gross Receipts: $308,756

Assets and Liabilities:

  • Total Assets: $102,607
  • Total Liabilities: $43,930
  • Net Assets: $58,677

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PARTICIPANT FEES

Revenue

$101,256

Organization Details

Founding Year

2015

Principal Officer

Jeffrey Leake

NTEE Category

Code: B12 - Education

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