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Amber Education Fund Inc

Academic Institution Foundation

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

EIN: 465771070 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Amber Education Fund Inc?

Amber Education Fund Inc, headquartered at 2196 Third Ave, New York, NY 10035, is a nonprofit organization established to support the enrichment opportunities available to students attending the Amber Charter Schools. Its primary mission is to aid in carrying out the educational and charitable purposes of these schools, ensuring sound educational opportunities for underserved low-income communities. The fund raises funds and provides assistance to enhance the educational experiences of its students, as stated in its paraphrased description.

Is Amber Education Fund Inc legitimate?

Amber Education Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Amber Education Fund 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

What is the mission statement of Amber Education Fund Inc?

The Amber Education Fund Inc was established with the primary objective of supporting the educational and charitable purposes of the Amber Charter Schools. It raises funds and provides assistance to further these educational initiatives, particularly in underserved low-income communities. Additionally, the fund aims to establish and oversee an endowment that will provide ongoing enrichment opportunities to all students attending the Amber Charter Schools. In essence, the Amber Education Fund Inc is committed to enhancing educational opportunities and enrichment programs for underprivileged students.

What is the revenue of Amber Education Fund Inc?

Amber Education Fund Inc's revenue in 2023 was $4,681,447.

Who are the executives of Amber Education Fund Inc and what are their salaries?

There 7 volunteers at Amber Education Fund Inc.

Here are 7 key members and their salaries:


Michael Stolper (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason P Torres (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vasthi Acosta (Secretary)
  • Compensation: $0
  • Related: $221,471
  • Other: $36,977
Soledad Hiciano (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Gutierrez (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Hirshman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Selene Benavides (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Amber Education Fund Inc?

Amber Education Fund Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Amber Education Fund Inc

Amber Education Fund Inc, established with the purpose of supporting the educational and charitable objectives of the Amber Charter Schools, raises funds and provides assistance to enhance educational opportunities for underserved low-income communities. The organization's mission is to establish and manage an endowment that will sustain the enrichment programs available to all students enrolled in the Amber Charter Schools. By doing so, Amber Education Fund Inc aims to contribute to the overall development of the students, ensuring they have access to a well-rounded educational experience.

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Impact




October, 2024

Amber Education Fund Inc plays a crucial role in enhancing educational opportunities for underserved, low-income communities. By establishing and overseeing an endowment, the organization ensures ongoing enrichment opportunities for all students attending Amber Charter Schools. Its efforts to raise funds directly support educational initiatives, fostering a more equitable learning environment. This impact not only benefits individual students but also strengthens the broader community by providing access to quality education and resources that might otherwise be unavailable.




This information is meant to be a general summary of Amber Education Fund 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
$4,681,447 (2023)
Expenses
$598,513 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $56,610
  • Program Service Revenue: $227,500
  • Gross Receipts: $9,041,128

Assets and Liabilities:

  • Total Assets: $14,818,414
  • Total Liabilities: $18,560,246
  • Net Assets: -$3,741,832

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Programs

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

MANAGEMENT FEES

Revenue

$227,500

Organization Details

Founding Year

2014

Principal Officer

Vasthi Acosta

NTEE Category

Code: B11 - Education

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