Edgemont School Foundation Inc.
Edgemont School Foundation Inc.
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About this organization
Revenue
$175,946
Expenses
$152,867
Mission
Support and enhance Edgemont Schools curriculum
About
ESF had a strong financial performance for fiscal year 2018-2019. The organization achieved fundraising of $128,866 and Marla's fund raised $8,077. Our district appeal fundraising was up 43% YoY. On a normalized basis (ex. distinguished alumni donors), fundraising was up 16% YoY. Our operating expenses were low with fundraising nets 93% after expenses. The organization approved $210,663 grants for the year: $165k Seely/Greenville libraries, $33k school bond, $5k sliding doors, $5k Math Circle, $2,491 literacy. The library grant was approved at the May 2019 meeting with actual expenses being paid mostly after the fiscal year-end. Total expenses paid during the year were $72,894. The organization successfully recruited three new board members during the year: Risa McCarthy, Rebecca Ascher and Jason Feldman. We also identified Dana Leff Niedzielsk as a prospective board member and officially voted her in September 2019. Meanwhile, Adam Friedman, Gary Zimberg and Jon Kahn retired from the Board following the June meeting. During the year, we also hosted a distinguished alumni event for ESPN CEO Jimmy Pittaro. This event was well-received by our community and also resulted in several large donations to ESF.
Interesting data from their 2020 990 filing
The purpose of the non-profit is outlined in the filing as “Support and enhance edgemont schools curriculum”.
When discussing its operations, they were defined as: “Support and enhance edgemont schools curriculum”.
- The filing indicates that the non-profit's address in 2020 is located at PO Box 1154, SCARSDALE, NY, 10583.
- The non-profit has reported 0 employees on their form as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor advised fund.
- Is not a private foundation.
- Expenses are between $250,000 and $500,000.
- Revenue is between $100,000 and $250,000.
- Revenue less expenses is $23,079.
- The CEO compensation structure within the organization is not based on a review and approval from an impartial entity.
- The organization has 17 independent voting members.
- The organization is required to file Schedule B.
- The organization's financial statements were compiled or reviewed by an accountant.
- The organization pays $0 in salary, compensation, and benefits to its employees.
- The organization pays $8,395 in fundraising expenses.
- The organization has minutes of its meetings.
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