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Nonprofiteer
← CAMDEN EDUCATION FUND INC

Form 990 for tax year 2023

Filed by CAMDEN EDUCATION FUND INC.

Totals

Total revenue
$1,137,400
Total expenses
$6,009,301
Contributions and grants received
$1,136,811
Grants paid
$4,407,029
Program service revenue
$0
Investment income
$589
Other revenue
$0
Total assets, end of year
$10,138,472
Total liabilities, end of year
$880,332
Net assets or fund balances, end of year
$9,258,140
Program services expenses (Part IX)
$5,627,974
Management and general expenses
$359,488
Fundraising expenses
$21,839
Program service expenses (Part III)
$5,627,974

Program services were 93.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $1,136,811

  • 3 · Investment income

    total $589 · excluded $589

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $4,382,421 · program services $4,382,421

  • 2 · Grants to domestic individuals

    total $24,608 · program services $24,608

  • 5 · Compensation of officers, directors and key employees

    total $198,000 · program services $180,682 · management and general $17,318

  • 7 · Other salaries and wages

    total $310,334 · program services $283,191 · management and general $27,143

  • 8 · Pension plan contributions

    total $23,899 · program services $20,582 · management and general $3,317

  • 9 · Other employee benefits

    total $16,224 · program services $14,729 · management and general $1,495

  • 10 · Payroll taxes

    total $54,154 · program services $50,668 · management and general $3,486

  • 11b · Fees: legal

    total $7,806 · management and general $7,806

  • 11c · Fees: accounting

    total $55,444 · management and general $55,444

  • 11g · Fees: other

    total $522,103 · program services $463,904 · management and general $58,199

  • 12 · Advertising and promotion

    total $46,902 · program services $691 · management and general $34,350 · fundraising $11,861

  • 13 · Office expenses

    total $77,702 · program services $12,368 · management and general $55,516 · fundraising $9,818

  • 23 · Insurance

    total $6,224 · management and general $6,224

  • 24a · Other expenses: PROGRAM SUPPLIES

    total $102,521 · program services $87,394 · management and general $14,967 · fundraising $160

  • 24b · Other expenses: STIPENDS - TEACHERS

    total $82,341 · program services $81,861 · management and general $480

  • 24c · Other expenses: COMMUNICATIONS

    total $55,808 · management and general $55,808

  • 24d · Other expenses: PHOTOGRAPHY

    total $24,875 · program services $24,875

  • 24e · All other expenses

    total $17,935 · management and general $17,935

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $12,958,653 · end of year $8,643,472

  • 3 · Pledges and grants receivable

    beginning of year $1,495,000 · end of year $1,495,000

  • 9 · Prepaid expenses and deferred charges

    beginning of year $165,000

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,174 · end of year $1,099

  • 25 · Other liabilities

    beginning of year $484,438 · end of year $879,233

  • 27 · Net assets without donor restrictions

    beginning of year $1,451,220 · end of year $979,691

  • 28 · Net assets with donor restrictions

    beginning of year $12,678,821 · end of year $8,278,449

Mission and programs · 2023

Mission

TO SUSTAIN AND ACCELERATE PROGRESS IN CAMDEN'S PUBLIC SCHOOL SYSTEM.

  • CAMDEN EDUCATION FUND (CEF) IS DEDICATED TO ACCELERATING PROGRESS IN CAMDEN'S PUBLIC SCHOOL SYSTEM. CEF WORKS WITH FAMILIES, SCHOOL PARTNERS, AND COMMUNITY LEADERS TO IDENTIFY CITYWIDE NEEDS IN EDUCATION. CEF THEN PROVIDES GRANTS AND DEVELOPS STRATEGIC PARTNERSHIPS TO ADDRESS THESE CITYWIDE NEEDS. GRANTEES MAY INCLUDE SCHOOLS, NONPROFITS, AND UNIVERSITIES.

    Expenses $5,627,974 · Grants $4,407,029

As filed on the 2023 return.

Listed in Part VII

  • Giana Campbell

    EXECUTIVE DI

    Total calculated
    $208,144
    From this org
    $198,000
    From related orgs
    $0
    Other
    $10,144
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $198,000
    Bonus
    not reported
    Other
    not reported
    Deferred
    $10,144
    Nontaxable benefits
    $41
    Filer's total
    $208,144

  • Jonathan Garr

    DIRECTOR OF

    Total calculated
    $153,415
    From this org
    $145,797
    From related orgs
    $0
    Other
    $7,618
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $145,797
    Bonus
    not reported
    Other
    not reported
    Deferred
    $7,618
    Nontaxable benefits
    $10,811
    Filer's total
    $153,415

  • Jose Brito

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Charles Holmes

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Falynn Milligan

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Taisha Minier

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Jessica Pena

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2023
Filed
21 April 2025
IRS schema version
2023v6.0
Source object
202531119349300783

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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