NEWBURYPORT EDUCATION FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- NEWBURYPORT EDUCATION FOUNDATION (EIN 04-3583906)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2025-02-15
- IRS object ID
- 202510469349300201
- Schema version
- 2023v6.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-02-15T04:00:48-08:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 043447507 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRITZ DEGUGLIELMO LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8 ESSEX STREET | AddressLine1Txt |
| City | NEWBURYPORT | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01950 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 043583906 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Newburyport Education Foundation Inc | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | NEWB | BusinessNameControlTxt |
| Phone | 9784637893 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1002 | AddressLine1Txt |
| City | Newburyport | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01950 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David Marroncelli | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 9784637893 | PhoneNum |
| Signature | 2024-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Daniel E Schaffner CPA | PreparerPersonNm |
| PTIN | P00796903 | PTIN |
| Phone | 9784622161 | PhoneNum |
| Preparation | 2025-02-15 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | Andrea Weetman | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 1002 | AddressLine1Txt |
| City | Newburyport | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01950 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $973,542 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | www.newburyportef.org | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2000 | FormationYr |
| Legal Domicile State | MA | LegalDomicileStateCd |
| Activity Or Mission | See Schedule O | ActivityOrMissionDesc |
| Voting Members Governing Body | 26 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 1 | TotalEmployeeCnt |
| Total Volunteers | 150 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $188,885 | PYContributionsGrantsAmt |
| CY Contributions Grants | $173,448 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $36,718 | PYInvestmentIncomeAmt |
| CY Investment Income | $21,736 | CYInvestmentIncomeAmt |
| PY Other Revenue | $98,838 | PYOtherRevenueAmt |
| CY Other Revenue | $112,242 | CYOtherRevenueAmt |
| PY Total Revenue | $324,441 | PYTotalRevenueAmt |
| CY Total Revenue | $307,426 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $289,281 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $304,783 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $63,238 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $66,783 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $4,607 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $24,840 | PYOtherExpensesAmt |
| CY Other Expenses | $29,514 | CYOtherExpensesAmt |
| PY Total Expenses | $377,359 | PYTotalExpensesAmt |
| CY Total Expenses | $401,080 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$52,918 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$93,654 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,747,139 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,803,178 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $4,597 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $11,470 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,742,542 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,791,708 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | See Schedule O | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $30,369 | ExpenseAmt |
| Grant | $30,369 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | In 2023, we continued our STEM initiative by supporting additional equipment and supplies at the Breshanan, Nock and Molin Schools. The STEM initiative also was implemented in the High School via grants for equipment including 3D printers, robots and industrial sewing equipment. This program allows our students to enhance their education in science, technology, engineering and math. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $29,314 | ExpenseAmt |
| Grant | $29,314 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | During 2023, we supported improvements in technology in several disciplines within the district. Some highlights include Chromebooks and Chromebook Carts for the Breshahan school and an auditorium projector at the Nock and Molin schools. Through these grants, we strive to provide the technology necessary for learning. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $25,815 | ExpenseAmt |
| Grant | $25,815 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | In 2023, business leaders and teachers came together to create some amazing learning experiences for our students funded by partnership grants, the technology club at the high school and the Gulf of Maine Institute. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (4 entries)
| ExpenseExpenseAmt | GrantGrantAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|---|
| $10,845 | $10,845 | $0 | In 2023, we made additional equipment donations in the Newburyport Public Schools to the music programs. |
| $95,890 | $95,890 | $0 | In the summer/fall of 2023 we will complete the renovation of the integrated arts center at Newburyport High School, providing all students access to equipment such as video equipment, cameras and podcast equipment for innovation and creativity using technology. |
| $80,114 | $80,114 | $0 | We created a wellness space for all students, Grade 4-8, at the Molin Upper Elementary School and Nock Middle School. We are able to renovate three existing, unused rooms off of the gym to create a warm and welcoming wellness space. This multipurpose space will include a small warm-up room, larger cardio/fitness area and contained yoga/mindfulness area. The Wellness Space will support continued innovation in Wellness and Physical Education classes, counseling intervention and prevention programming, and restorative disciplinary practices. |
| $32,436 | $32,436 | $0 | For many years, the NEF has funded Business Partnership grants in the Spring and Fall. These grants connect teachers with business partners who then work together to create meaningful educational experiences that allow students to see how their skills apply to the purposely connect curriculum to the community at large. In 2022, grants included Gulf of Maine Institute, Bat Conservation, Shakespeare Actor Residency, visiting artists, poetry, Sailbot, small group math modules and mindfulness/yoga. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $219,285 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $219,285 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $304,783 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | false | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | false | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (true) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | false | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 1 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (true) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | false | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | false | Form8899Filedind |
| Form1098 C Filed | false | Form1098CFiledInd |
| DAF Excess Business Holdings | false | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | false | TaxableDistributionsInd |
| Distribution To Donor | false | DistributionToDonorInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Excs Tax Sect4951 Or4952 Or4953 | false | ExcsTaxSect4951Or4952Or4953Ind |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 26 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | false | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | David Marroncelli | PersonNm |
| Phone | 9784637893 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 Low Street | AddressLine1Txt |
| City | Newburyport | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01950 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Institutional TrusteeInstitutionalTrusteeInd | OfficerOfficerInd |
|---|---|---|---|---|---|---|---|
| Brian Callahan | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Aaron Smith | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Nick DeKanter | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Ray Felts | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Sean Gallagher | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Olivia Hansen | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Lisa Marie Ippolito | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Mariana Lynch | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Matt McCann | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Nicole Nadeau | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Stephen D'Ambrosio | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Deb Pare | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Kathleen Petrie | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Alissa Cough | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Sam Hartford | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Lizzy Homer | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Kristin Spinney | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Andrew Wulf | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Kristine Enes | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Lisa Langis | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Allie Morris | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Rosemary Turgeon | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Carrie O'Donnell | |||||||
| Executive Director | 2.00 | $61,606 | $0 | $0 | Yes (X) | ||
| Andrea Weetman | |||||||
| President | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| David Marroncelli | |||||||
| Treasurer | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Cindy Johnson | |||||||
| Clerk | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Barb Bailey | |||||||
| Secretary | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $61,606 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Fundraising | $63,458 | FundraisingAmt |
| All Other Contributions | $109,990 | AllOtherContributionsAmt |
| Noncash Contributions | $2,934 | NoncashContributionsAmt |
| Total Contributions | $173,448 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $42,485 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $42,485 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $596,081 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $616,830 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$20,749 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$20,749 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$20,749 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $161,528 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $63,458 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $49,286 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $112,242 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $112,242 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $307,426 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $133,978 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $304,783 | TotalAmt |
| Program Services | $304,783 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,606 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $61,606 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,177 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $5,177 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,500 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $5,500 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,725 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $1,725 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $878 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $878 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,088 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $0 | ManagementAndGeneralAmt |
| Fundraising | $1,088 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $255 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $255 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| Bank & credit card fees | $9,657 | $0 | $7,648 | $2,009 |
| Supplies | $6,421 | $0 | $4,911 | $1,510 |
| Website and Database Fees | $2,728 | $0 | $2,728 | $0 |
| Printing & mailing | $847 | $0 | $847 | $0 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $415 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $415 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $401,080 | TotalAmt |
| Program Services | $304,783 | ProgramServicesAmt |
| Management And General | $91,690 | ManagementAndGeneralAmt |
| Fundraising | $4,607 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $870,868 | BOYAmt |
| EOY | $236,865 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,444 | BOYAmt |
| EOY | $45,000 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $848,827 | BOYAmt |
| EOY | $1,521,313 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,747,139 | BOYAmt |
| EOY | $1,803,178 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,597 | BOYAmt |
| EOY | $11,470 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,597 | BOYAmt |
| EOY | $11,470 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,721,838 | BOYAmt |
| EOY | $1,770,352 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,704 | BOYAmt |
| EOY | $21,356 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,742,542 | BOYAmt |
| EOY | $1,791,708 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,747,139 | BOYAmt |
| EOY | $1,803,178 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$93,654 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $142,820 | NetUnrlzdGainsLossesInvstAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | Yes (true) | AccountantCompileOrReviewInd |
Acct Compile Or Review Basis AcctCompileOrReviewBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| FS Audited | false | FSAuditedInd |
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
| Other Support Sum | $0 | OtherSupportSumAmt |
| Public Support CY170 | 0 | PublicSupportCY170Pct |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $253,551 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $199,269 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $169,600 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $188,885 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $173,448 | CurrentTaxYearAmt |
| Total | $984,753 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $145,338 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $150,829 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $149,636 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $155,345 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $161,528 | CurrentTaxYearAmt |
| Total | $762,676 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $398,889 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $350,098 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $319,236 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $344,230 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $334,976 | CurrentTaxYearAmt |
| Total | $1,747,429 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $31,561 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36,775 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,861 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,520 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $26,157 | CurrentTaxYearAmt |
| Total | $151,874 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $31,561 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $36,775 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $27,861 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $29,520 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $26,157 | CurrentTaxYearAmt |
| Total | $151,874 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $1,595,555 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,525 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,476 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,874 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $26,020 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $42,485 | CurrentTaxYearAmt |
| Total | $116,380 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,525 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,476 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $16,874 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $26,020 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $42,485 | CurrentTaxYearAmt |
| Total | $116,380 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,863,809 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.85610 | PublicSupportCY509Pct |
| Public Support PY509 | 0.87000 | PublicSupportPY509Pct |
| Investment Income CY | 0.06240 | InvestmentIncomeCYPct |
| Investment Income PY | 0.05040 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | None | Desc |
| Amt | $0 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $0 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Pt X, Line 2 | FormAndLineReferenceDesc |
| Explanation | The Foundation has adopted the application of the provisions of FASB ASC 740-10 (formerly FASB Interpretation No. 48, Accounting For Uncertainty in Income Taxes). The primary tax positions made by the Foundation are the existence/non-existence of Unrelated Business Income Tax and the Foundations status as an exempt organization under Section 501(c)(3) of the Internal Revenue Code. The Foundation currently evaluates all tax positions, and makes determinations regarding the likelihood of those positions being upheld under review. For the years presented, and as a result of adoption, the Foundation has not recognized any tax benefits or loss contingencies for uncertain tax positions based on its evaluations. The Foundations Forms 990, Return of Organization Exempt from Income Tax, for the years ended December 31, 2023, 2022, 2021 and 2020 are subject to examination by the IRS, generally for three years after they were filed. | ExplanationTxt |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | Auction | Event1Nm |
| Gross Receipts Event1 | $141,573 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $24,000 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $117,573 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $699 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $17,676 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $8,204 | OtherDirectExpensesEvent1Amt |
| Event2 | Golf Tournament | Event2Nm |
| Gross Receipts Event2 | $66,455 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $22,500 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $43,955 | GrossRevenueEvent2Amt |
| Rent Facility Costs Event2 | $1,148 | RentFacilityCostsEvent2Amt |
| Food And Beverage Event2 | $3,715 | FoodAndBeverageEvent2Amt |
| Other Direct Expenses Event2 | $12,018 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 2 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $16,958 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $16,958 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $0 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $5,826 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $224,986 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $63,458 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $161,528 | GrossRevenueTotalEventsAmt |
| Rent Fclty Costs Total Events | $1,847 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $21,391 | FoodAndBeverageTotalEventsAmt |
| Oth Direct Expnss Total Events | $26,048 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $49,286 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | $112,242 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Newburyport Public School | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 70 Low Street | AddressLine1Txt |
| City | Newburyport | CityNm |
| State Abbreviation | MA | StateAbbreviationCd |
| ZIP | 01950 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 046001403 | RecipientEIN |
| Non Cash Assistance | $246,532 | NonCashAssistanceAmt |
| Valuation Method Used | Cost | ValuationMethodUsedDesc |
| Non Cash Assistance | See below | NonCashAssistanceDesc |
| Purpose Of Grant | See below | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | See below | GrantTypeTxt |
| Recipient | 16 | RecipientCnt |
| Cash Grant | $58,251 | CashGrantAmt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Other | Organizations mission or most significant activities: The Newburyport Education Foundation, Inc. (the Foundation) was established in 2001 by a group of parents, teachers, business leaders and concerned citizens whose goal was to bring philanthropy into the Newburyport Public Schools and to enhance educational opportunities for the citys public-school children. The goal of the Foundation is to supplement funding for programs which are already supported by public financing at a basic level, but which can be substantially improved by additional private sector funding, and to finance programs that might not receive funding from traditional sources such as the district budget or state aid. |
| Other | Organizations mission: The mission of the Newburyport Education Foundation, Inc. (the Foundation) is to generate financial resources and community involment to enhance education in the Newburyport Public Schools. The Foundation was formed to enhance educational opportunities for the citys public school children; the goal to supplement funding for programs which are already supported by public financing at a basic level, but which can be substantially improved by additional private sector funding, and to finance programs that might not receive funding from traditional sources such as the district budget or state aid. |
| Pt VI, Line 11b | A copy of the Form 990 is provided to the governing board for review prior to its filing. |
| Pt VI, Line 12c | If an issue is to be decided by the board that involves potential conflict of interest for a board member, it is responsibility of the board member to: identify the potential conflict of interest; not participate in discussion of the program or motion being considered; and not vote on the issue. |
| Pt VI, Line 19 | The Foundation makes its annual reports and financial statements available to the public on its website. In addition, all governing documents, policies and financial statements are available upon request. |
| Form 990, Part III, Line 4d | In 2023, we made additional equipment donations 10845. 10845. 0. |
| Form 990, Part III, Line 4d | In the summer/fall of 2023 we will complete the renovation of the integrated arts center 95890. 95890. 0. |
| Form 990, Part III, Line 4d | We created a wellness space for all students, Grade 4-8, at the Molin Upper 80114. 80114. 0. |
| Form 990, Part III, Line 4d | For many years, the NEF has funded Business Partnership grants in the Spring and Fall. These grants 32436. 32436. 0. |
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