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Nonprofiteer
← STAMFORD PUBLIC EDUCATION FOUNDATION INC

Form 990 for tax year 2024

Filed by STAMFORD PUBLIC EDUCATION FOUNDATION INC.

Totals

Total revenue
$1,077,200
Total expenses
$1,295,302
Contributions and grants received
$1,095,860
Grants paid
$0
Program service revenue
$31,219
Investment income
-$41
Other revenue
-$49,838
Total assets, end of year
$226,562
Total liabilities, end of year
$42,666
Net assets or fund balances, end of year
$183,896
Program services expenses (Part IX)
$856,508
Management and general expenses
$328,579
Fundraising expenses
$110,215
Program service expenses (Part III)
$856,508

Program services were 66.1% 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.

  • 1c · Fundraising events

    $91,238

  • 1f · All other contributions, gifts and grants

    $1,004,622

  • 2a · Program service revenue: FEES FOR SERVICE

    total $26,666 · related or exempt $26,666

  • 2b · Program service revenue: FEE FOR SERVICE OTHER

    total $4,553 · related or exempt $4,553

  • 3 · Investment income

    total -$41 · related or exempt -$41

  • 8a · Fundraising events: contributions included on line 1c

    $91,238

  • 8b · Fundraising events: direct expenses

    $49,838

  • 8c · Net income from fundraising events

    total -$49,838 · excluded -$49,838

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $825,764 · program services $544,228 · management and general $182,810 · fundraising $98,726

  • 9 · Other employee benefits

    total $5,665 · program services $3,734 · management and general $1,254 · fundraising $677

  • 10 · Payroll taxes

    total $66,725 · program services $43,976 · management and general $14,772 · fundraising $7,977

  • 11g · Fees: other

    total $131,962 · program services $14,925 · management and general $117,037

  • 12 · Advertising and promotion

    total $1,798 · program services $1,501 · management and general $297

  • 13 · Office expenses

    total $34,351 · program services $22,160 · management and general $9,356 · fundraising $2,835

  • 16 · Occupancy

    total $24,265 · program services $24,265

  • 17 · Travel

    total $8,734 · program services $8,380 · management and general $354

  • 22 · Depreciation, depletion and amortization

    total $520 · program services $520

  • 23 · Insurance

    total $20,124 · program services $20,124

  • 24a · Other expenses: CONSULTING

    total $121,763 · program services $121,763

  • 24b · Other expenses: MISCELLANEOUS

    total $44,875 · program services $43,432 · management and general $1,443

  • 24c · Other expenses: SCHOLARSHIP EXPENSES

    total $7,500 · program services $7,500

  • 24d · Other expenses: ORGANIZATION DUES

    total $1,256 · management and general $1,256

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $370,705 · end of year $136,102

  • 3 · Pledges and grants receivable

    beginning of year $125 · end of year $6,035

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,421 · end of year $1,245

  • 10a · Land, buildings and equipment: cost or other basis

    $46,391

  • 10b · Land, buildings and equipment: accumulated depreciation

    $26,771

  • 10c · Land, buildings and equipment, net

    end of year $19,620

  • 15 · Other assets

    beginning of year $63,560 · end of year $63,560

  • 17 · Accounts payable and accrued expenses

    beginning of year $39,626 · end of year $38,729

  • 25 · Other liabilities

    beginning of year $4,187 · end of year $3,937

  • 27 · Net assets without donor restrictions

    beginning of year $243,424 · end of year $58,658

  • 28 · Net assets with donor restrictions

    beginning of year $158,574 · end of year $125,238

Mission and programs · 2024

Mission

FOUNDED IN 1996, THE MISSION OF THE STAMFORD PUBLIC EDUCATION FOUNDATION (SPEF) IS TO ELEVATE STUDENT SUCCESS BY DELIVERING EDUCATIONAL PROGRAMS AND SOLUTIONS THAT PROMOTE EQUITABLE ACCESS TO QUALITY PUBLIC EDUCATION IN STAMFORD.

  • SPEF SUPPORTS STUDENTS AND FAMILIES AT KEY TRANSITION POINTS THROUGH PROGRAMS FOCUSED ON KINDERGARTEN READINESS, MENTORING FROM ELEMENTARY TO HIGH SCHOOL, PARENT LEADERSHIP DEVELOPMENT, AND LITERACY ENGAGEMENTHELPING CHILDREN BUILD CONFIDENCE, ACADEMIC SKILLS, AND COMMUNITY CONNECTIONS WHILE EMPOWERING FAMILIES TO ADVOCATE AND PARTICIPATE IN THEIR CHILDS EDUCATIONAL JOURNEY.

    Expenses $856,508 · Revenue $31,219

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Magdalena Loucks

    CEO

    Total calculated
    $115,336
    From this org
    $115,336
    From related orgs
    $0
    Other
    $0
    Hours/week
    40
  • Irene Ondieki Thru Feb 2025

    BOARD OF DIR

    Total calculated
    $0
    Hours/week
    1
  • John Martin Thru March 2025

    BOARD OF DIR

    Total calculated
    $0
    Hours/week
    1
  • Bryan Bishop

    TREASURER

    Total calculated
    $0
    Hours/week
    1
  • Susan Briggs-Bloss

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Barbara Aronica Buck

    BOARD OF DIR

    Total calculated
    $0
    Hours/week
    1
  • Peggy Erlenkotter

    BOARD OF DIR

    Total calculated
    $0
    Hours/week
    1
  • Julienne Foy

    BOARD OF DIR

    Total calculated
    $0
    Hours/week
    1
  • Christopher Geotes

    BOARD OF DIR

    Total calculated
    $0
    Hours/week
    1
  • Rowland Hanley

    BOARD OF DIR

    Total calculated
    $0
    Hours/week
    1
  • Aruna Hobbs

    BOARD OF DIR

    Total calculated
    $0
    Hours/week
    1
  • Micheal Jean

    BOARD OF DIR

    Total calculated
    $0
    Hours/week
    1
  • Sebastian Kulesza

    BOARD OF DIR

    Total calculated
    $0
    Hours/week
    1
  • Nerur Kumar

    BOARD OF DIR

    Total calculated
    $0
    Hours/week
    1
  • Esme Lombard

    BOARD OF DIR

    Total calculated
    $0
    Hours/week
    1
  • Cindy Lopez

    BOARD OF DIR

    Total calculated
    $0
    Hours/week
    1
  • Ann Mandarino

    BOARD OF DIR

    Total calculated
    $0
    Hours/week
    1
  • Katherine Molina-Powell

    SECRETARY

    Total calculated
    $0
    Hours/week
    1
  • Sandi O'Keefe

    VICE PRESIDE

    Total calculated
    $0
    Hours/week
    1
  • Joe Zale

    BOARD OF DIR

    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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2026
IRS schema version
2024v5.0
Source object
202611349349304811

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