Form 990 for tax year 2024
Filed by CORAL TREE EDUCATION FOUNDATION INC.
Totals
- Total revenue
- $128,381
- Total expenses
- $114,952
- Contributions and grants received
- $126,364
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $2,017
- Other revenue
- $0
- Total assets, end of year
- $409,431
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $409,431
- Program services expenses (Part IX)
- $92,791
- Management and general expenses
- $22,161
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $92,791
Program services were 80.7% 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
$126,364
-
3 · Investment income
total $2,017 · excluded $2,017
Functional expenses
Part IX, the statement of functional expenses.
-
7 · Other salaries and wages
total $46,979 · program services $46,979
-
11b · Fees: legal
total $14,426 · management and general $14,426
-
11c · Fees: accounting
total $1,275 · program services $637 · management and general $638
-
11g · Fees: other
total $11,869 · program services $11,457 · management and general $412
-
12 · Advertising and promotion
total $193 · program services $193
-
13 · Office expenses
total $2,401 · program services $1,200 · management and general $1,201
-
16 · Occupancy
total $3,905 · management and general $3,905
-
17 · Travel
total $27,270 · program services $27,270
-
20 · Interest
total $1,579 · management and general $1,579
-
22 · Depreciation, depletion and amortization
total $5,055 · program services $5,055
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $102,683 · end of year $212,713
-
10a · Land, buildings and equipment: cost or other basis
$188,124
-
10b · Land, buildings and equipment: accumulated depreciation
$45,337
-
10c · Land, buildings and equipment, net
beginning of year $147,841 · end of year $142,787
-
11 · Investments: publicly traded securities
beginning of year $145,479 · end of year $53,931
-
27 · Net assets without donor restrictions
beginning of year $396,003 · end of year $409,431
Mission and programs · 2024
Mission
THE PRIMARY EXEMPT PURPOSE OF THE ORGANIZATION IS TO EDUCATE CHILDREN IN WAR TORN VILLAGES OF CAMBODIA.
-
PROVIDE A FULL YEAR EDUCATION PROGRAM FOR OVER 640 CHILDREN IN 2 SCHOOLS AT A REMOTE VERY POOR VILLAGE IN CAMBODIA. GRADES 1-8
-
PROVIDE COLLEGE SCHOLARSHIPS TO 15 STUDENTS AND SUPPORT FOR 7 VARY POOR FAMILIES FROM THE VILLAGE WHERE OUR SCHOOL IS.
-
CONTINUE TO PROMOTE OUR MISSION VIA EVENTS AND PROMOTIONAL EXPENSES IN ORDER TO SEEK CONTINUED FUNDING
-
MISCELLANEOUS
Expenses $92,791
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Marc FreedMARC FREED
GENERAL COUN
- Total calculated
- $0
- Hours/week
- 2
-
Scott KarpiakSCOTT KARPIAK
FUND DEVELOP
- Total calculated
- $0
- Hours/week
- 3
-
Chenda ChhiCHENDA CHHI
CEO FOUNDER
- Total calculated
- $0
- Hours/week
- 20
-
Michael KovalichMICHAEL KOVALICH
CFO
- Total calculated
- $0
- Hours/week
- 3
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
- 15 June 2025
- IRS schema version
- 2024v5.0
- Source object
- 202501559349301670
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.