Form 990 for tax year 2024
Filed by UNITED FEDERATION OF TEACHERS EDUCATIONAL FOUNDATION INC.
What the amendment changed
Compared with the return it replaced , filed 12 June 2026. matched by us Only the Part I totals and the names listed in Part VII are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.
- Total revenue
- $22,982,578 changed to $23,064,084
- Total expenses
- $22,801,189 changed to $22,846,958
- Contributions and grants received
- $22,953,384 changed to $23,012,393
- Other revenue
- $25,175 changed to $47,672
- Total assets, end of year
- $28,632,795 changed to $28,714,301
- Total liabilities, end of year
- $30,243,706 changed to $30,289,475
- Net assets or fund balances, end of year
- -$1,610,911 changed to -$1,575,174
- Program services expenses
- $22,801,189 changed to $22,846,958
- Program service expenses (Part III)
- $22,801,189 changed to $22,846,958
Totals
- Total revenue
- $23,064,084
- Total expenses
- $22,846,958
- Contributions and grants received
- $23,012,393
- Grants paid
- $3,729,390
- Program service revenue
- $0
- Investment income
- $4,019
- Other revenue
- $47,672
- Total assets, end of year
- $28,714,301
- Total liabilities, end of year
- $30,289,475
- Net assets or fund balances, end of year
- -$1,575,174
- Program services expenses (Part IX)
- $22,846,958
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $22,846,958
Program services were 100.0% 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.
-
1e · Government grants (contributions)
$23,012,393
-
3 · Investment income
total $4,019 · excluded $4,019
-
11a · Other revenue: CLASS FEES
total $25,175 · related or exempt $25,175
-
11b · Other revenue: FAMILY CHILD CARE NETWORK PROGRAM
total $22,497 · related or exempt $22,497
-
11e · Other revenue, total
$47,672
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,729,390 · program services $3,729,390
-
11c · Fees: accounting
total $10,833 · program services $10,833
-
11g · Fees: other
total $1,961,584 · program services $1,961,584
-
12 · Advertising and promotion
total $80,641 · program services $80,641
-
13 · Office expenses
total $639,017 · program services $639,017
-
16 · Occupancy
total $412,780 · program services $412,780
-
17 · Travel
total $25,994 · program services $25,994
-
19 · Conferences, conventions and meetings
total $486,357 · program services $486,357
-
23 · Insurance
total $490 · program services $490
-
24a · Other expenses: DAYCARE EXPENSES
total $8,519,225 · program services $8,519,225
-
24b · Other expenses: INSTRUCTIONAL SUPPLIES
total $3,333,206 · program services $3,333,206
-
24c · Other expenses: ALLOCATED SALARIES,BENE
total $3,266,422 · program services $3,266,422
-
24d · Other expenses: ALLOWANCE TO PARTICIPAN
total $335,547 · program services $335,547
-
24e · All other expenses
total $45,472 · program services $45,472
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,739,846 · end of year $1,135,991
-
3 · Pledges and grants receivable
beginning of year $26,340,275 · end of year $25,553,532
-
15 · Other assets
beginning of year $2,407,676 · end of year $2,024,778
-
17 · Accounts payable and accrued expenses
beginning of year $13,357,529 · end of year $7,988,245
-
19 · Deferred revenue
beginning of year $458,685 · end of year $429,841
-
25 · Other liabilities
beginning of year $19,463,883 · end of year $21,871,389
-
27 · Net assets without donor restrictions
beginning of year -$1,792,300 · end of year -$1,575,174
Mission and programs · 2024
Mission
THE FOUNDATION'S PURPOSE IS TO INITIATE, CONDUCT AND SPONSOR PROGRAMS IN EDUCATIONAL AND RELATED FIELDS.
Activities or mission (Part I)
TO INITIATE, CONDUCT AND SPONSOR PROGRAMS IN EDUCATIONAL AND RELATED FIELDS.
-
SPONSORS EDUCATIONAL AND RELATED PROGRAMS
Expenses $22,846,958 · Grants $3,729,390 · Revenue $23,064,084
As filed on the 2024 return.
Listed in Part VII
-
MARY VACCARO
DIRECTOR
- Total calculated
- $258,845
- From this org
- $0
- From related orgs
- $207,594
- Other
- $51,251
- Hours/week
- 1 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $207,594 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $17,762 related
- Nontaxable benefits
- $0 + $33,489 related
- Filer's total
- $0 + $258,845 related
-
MICHAEL MULGREW
PRESIDENT
- Total calculated
- $431,656
- From this org
- $0
- From related orgs
- $347,082
- Other
- $84,574
- Hours/week
- 1 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $340,887 related
- Bonus
- $0
- Other
- $0 + $6,195 related
- Deferred
- $0 + $51,085 related
- Nontaxable benefits
- $0 + $33,489 related
- Filer's total
- $0 + $431,656 related
-
LEROY BARR
SECRETARY
- Total calculated
- $344,339
- From this org
- $0
- From related orgs
- $239,707
- Other
- $104,632
- Hours/week
- 1 + 35 related
Schedule J breakdown matched by us
- Base
- $0 + $239,707 related
- Bonus
- $0
- Other
- $0
- Deferred
- $0 + $71,143 related
- Nontaxable benefits
- $0 + $33,489 related
- Filer's total
- $0 + $344,339 related
-
VICTORIA LEE
TREASURER
- Total calculated
- $122,260
- From this org
- $0
- From related orgs
- $98,203
- Other
- $24,057
- Hours/week
- 1 + 30 related
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
None.
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
-
$3,729,390
REIMBURSING SCHOOL COSTS FOR PROVIDING PROFESSIONAL DEVELOPMENT SERVICES.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(C)(5) · LABOR UNION · NY
Provenance
- Return type
- form_990
- Tax year
- 2024
- IRS schema version
- 2024v5.5
- Source object
- 202602389349300445
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