Form 990 for tax year 2024
Filed by NEWTON EDUCATION FOUNDATION INC.
Totals
- Total revenue
- $655,020
- Total expenses
- $517,993
- Contributions and grants received
- $649,466
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $44
- Other revenue
- $5,510
- Total assets, end of year
- $167,894
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $167,894
- Program services expenses (Part IX)
- $501,876
- Management and general expenses
- $16,117
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $501,876
Program services were 96.9% 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
$13,512
-
1f · All other contributions, gifts and grants
$635,954
-
3 · Investment income
total $44 · unrelated business $0 · excluded $0
-
8a · Fundraising events: gross income
$12,589
-
8a · Fundraising events: contributions included on line 1c
$13,512
-
8b · Fundraising events: direct expenses
$7,079
-
8c · Net income from fundraising events
total $5,510 · unrelated business $0 · excluded $5,510
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $142,850 · program services $142,850 · management and general $0 · fundraising $0
-
11c · Fees: accounting
total $6,986 · program services $0 · management and general $6,986 · fundraising $0
-
12 · Advertising and promotion
total $8,604 · program services $8,604 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $740 · program services $0 · management and general $740 · fundraising $0
-
23 · Insurance
total $698 · program services $0 · management and general $698 · fundraising $0
-
24a · Other expenses: OTHER SUPPORT EXPENSES
total $7,693 · program services $0 · management and general $7,693 · fundraising $0
-
24b · Other expenses: PROGRAM EXPENSES
total $350,422 · program services $350,422 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $29,776 · end of year $166,895
-
9 · Prepaid expenses and deferred charges
beginning of year $1,091 · end of year $999
-
27 · Net assets without donor restrictions
beginning of year $71,587 · end of year $44,058
-
28 · Net assets with donor restrictions
beginning of year -$40,720 · end of year $123,836
Mission and programs · 2024
Mission
THE NEWTON COUNTY FOUNDATION FOR EDUCATIONAL EXCELLENCE PUTS COMMUNITY RESOURCES TO WORK FOR OUR CHILDREN SO THEY CAN ACHIEVE ACADEMIC AND PERSONAL SUCCESS. WE DO THIS THROUGH STUDENT ADVOCACY, TARGETED INVESTMENT, AND PROGRAMS THAT EMPOWER SCHOOLS AND TEACHERS TO MEET THE NEEDS OF ALL CHILDREN BECAUSE GREAT SCHOOLS BUILD GREAT COMMUNITIES.
-
THE NEWTON COUNTY FOUNDATION FOR EDUCATIONAL EXCELLENCE PARTNERED WITH THE NEWTON COUNTY SCHOOL SYSTEM BY INVESTING IN LITERACY PROGRAMS, PROVIDING TEACHER AND SCHOOL-WIDE GRANTS, AND STUDENT SCHOLARSHIPS.
Expenses $501,876 · Revenue $662,055
As filed on the 2024 return.
Listed in Part VII
-
GAIL ROTHMAN
CONSULTING EXECUTIVE DIRECTOR
- Total calculated
- $134,850
- From this org
- $134,850
- From related orgs
- $0
- Other
- $0
- Hours/week
- 15
-
LOUCY HAY
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
JILL MOREHOUSE LUM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
SHAMUS MULVIHILL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
WENDY RODRIGUEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
GABRIEL STOVALL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
TAMI THOMAS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
ELIZABETH HARWELL
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
MICHELLE JENKINS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
-
SHARITA GORHAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.5
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
-
$110,000
FOR ANIMAL FACILITY MODERNIZATION AND ROBOTICS GRANTS.
-
$47,943
TEACHER GRANTS TO IMPROVE STUDENT OUTCOME
-
$26,750
TO CLOSE THE DIGITAL DIVIDE AND PROVIDE TECHNOLOGY TO LOW INCOME FAMILIES
-
GRANT TO SUPPORT STRUCTURED LITERACY
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 24 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202503179349307935
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