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← UNITED FEDERATION OF TEACHERS EDUCATIONAL FOUNDATION INC

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

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.

Provenance

Return type
form_990
Tax year
2024
IRS schema version
2024v5.5
Source object
202602389349300445

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