Form 990 for tax year 2023

Filed by ROCHESTER EDUCATION FOUNDATION INC.

This return was superseded by a later amendment. matched by us It is kept because history is preserved rather than replaced.

What the amendment changed

Compared with the latest return for 2023 , filed 9 May 2025. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) 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: $202,563 changed to $865,440
Total expenses: $289,352 changed to $796,011
Contributions and grants received: $204,622 changed to $846,266
Grants paid: $13,741 changed to $8,450
Investment income: -$2,059 changed to $19,174
Total assets, end of year: $564,331 changed to $844,419
Total liabilities, end of year: $5,117 changed to $215,776
Net assets or fund balances, end of year: $559,214 changed to $628,643
Program services expenses: $246,721 changed to $651,266
Management and general expenses: $42,631 changed to $75,943
Fundraising expenses: $0 changed to $68,802
Program service expenses (Part III): $246,721 changed to $651,266

Listed only on the earlier return

Christine Casalinuovo-Adams
Diane Caselli
Ebony Caldwell
Ian Mortimer
Kamaria Simmons
Mark Wagner
Marty Jacobson
Sara Kelly

Listed only on the later return

Bob HartmanBOB HARTMAN
Dr Ebony CaldwellDR EBONY CALDWELL
Dr Ian MortimerDR IAN MORTIMER
Dr Sara KellyDR SARA KELLY
Dr Tyana Velazquez-SmithDR TYANA VELAZQUEZ-SMITH
Kammaria SimmonsKAMMARIA SIMMONS
Mary Beth WalkerMARY BETH WALKER
Stacey TrienSTACEY TRIEN

Listed under a different title

Amy Stein: Executive Director then EXECUTIVE DI
Julie Cook: Chair then BOARD CHAIR

Totals

Total revenue: $202,563
Total expenses: $289,352
Contributions and grants received: $204,622
Grants paid: $13,741
Program service revenue: $0
Investment income: -$2,059
Other revenue: $0
Total assets, end of year: $564,331
Total liabilities, end of year: $5,117
Net assets or fund balances, end of year: $559,214
Program services expenses (Part IX): $246,721
Management and general expenses: $42,631
Fundraising expenses: $0
Program service expenses (Part III): $246,721

Program services were 85.3% 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

$9,410
1f · All other contributions, gifts and grants

$195,212
1g · Noncash contributions included above

$4,620
3 · Investment income

total $1,429 · excluded $1,429
7a · Gross sales of assets other than inventory

securities $207,380
7b · Less cost or other basis and sales expenses

securities $210,868
7c · Gain or loss

securities -$3,488
7d · Net gain or loss

total -$3,488 · related or exempt -$3,488
8a · Fundraising events: gross income

$390
8a · Fundraising events: contributions included on line 1c

$9,410
8b · Fundraising events: direct expenses

$390
8c · Net income from fundraising events

total $0

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $13,741 · program services $13,741
5 · Compensation of officers, directors and key employees

total $32,500 · program services $27,625 · management and general $4,875
7 · Other salaries and wages

total $48,222 · program services $32,291 · management and general $15,931
9 · Other employee benefits

total $3,796 · program services $2,818 · management and general $978
10 · Payroll taxes

total $6,025 · program services $4,472 · management and general $1,553
11f · Fees: investment management

total $2,917 · management and general $2,917
11g · Fees: other

total $4,742 · program services $1,659 · management and general $3,083
13 · Office expenses

total $1,772 · program services $120 · management and general $1,652
16 · Occupancy

total $14,706 · program services $11,175 · management and general $3,531
23 · Insurance

total $2,821 · program services $1,303 · management and general $1,518
24a · Other expenses: Student Activities

total $89,550 · program services $89,550
24b · Other expenses: Books

total $27,670 · program services $27,670
24c · Other expenses: Instruments

total $9,540 · program services $9,540
24d · Other expenses: Supplies

total $9,199 · program services $9,199
24e · All other expenses

total $22,151 · program services $15,558 · management and general $6,593

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $190,834
2 · Savings and temporary cash investments

beginning of year $160,175 · end of year $472,201
11 · Investments: publicly traded securities

beginning of year $295,194 · end of year $91,255
15 · Other assets

beginning of year $875 · end of year $875
17 · Accounts payable and accrued expenses

beginning of year $703 · end of year $5,117
21 · Escrow or custodial account liability

beginning of year $867
27 · Net assets without donor restrictions

beginning of year $230,241 · end of year $165,604
28 · Net assets with donor restrictions

beginning of year $415,267 · end of year $393,610

Mission and programs · 2023

Mission

The Rochester Education Foundation is an independent organization whose mission is to provide programs and resources to improve learning and success for all Rochester city school students through partnerships with educators, businesses and the community.

Activities or mission (Part I)

To provide programs and resources to support the success of Rochester city students.

Partner Programs: REF works with partners throughout the community to provide city students opportunities to learn, grow, and thrive in school and beyond. Through these partnerships, REF provides backbone administrative support while allowing partners to focus on the students. These programs are primarily supported through contributions.

Expenses $117,362 · Grants $13,741
Music and Arts for All: With the help of individuals throughout the community, REF has donated more than 3,650 musical instruments to classrooms and to the Roc music program. We provide scholarships for music lessons and arts camps. We support the Pride of Rochester Marching Band and Roc City Players, as well as musical concerts and performances.This program is primarily supported through contributions.

Expenses $48,722
College Access: REF is the convener of the Rochester College Access Network (RCAN) which includes RCSD and charter school counselors and administrators, professionals from local college and university offices of admissions and financial aid, and community based organizations. Through our award winning FAFSA Fest program, we have helped thousands of students fill out their state and federal financial aid applications. We also provide help with the college application process,searching for scholarships, understanding financial aid, and offer workshops about what to expect in college.This program is primarily supported through contributions.

Expenses $7,724
Smile Program: This is a two-fold program - supporting "Just Plain Fun" by providing funds for parent/teacher organizations at K-6 schools to help build community and smiles within the schools and "Learning is Fun" by providing creative student experiences that complement the K-6 science curriculum and make learning fun. At its core, the program is intended to help Rochester's elementary school students enjoy their day in school, have fun while learning, and give them plenty of reasons to smile.Literacy: Give Back, Give Books: We support literacy by providing books for classrooms, school libraries and for students to keep for their home libraries. We have given out more than 75,000 new and gently used books.

Expenses $72,913

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Sheila Monachino

Treasurer

Total calculated

$0

Hours/week

1.2
Julie Cook

Chair

Total calculated

$0

Hours/week

5.8
Marty Jacobson

Vice Chair

Total calculated

$0

Hours/week

1.2
Sara Kelly

Director

Total calculated

$0

Hours/week

1.2
Diane Caselli

Director

Total calculated

$0

Hours/week

1.2
Christine Casalinuovo-Adams

Director

Total calculated

$0

Hours/week

1.2
Mark Wagner

Secretary

Total calculated

$0

Hours/week

1.2
Ebony Caldwell

Director

Total calculated

$0

Hours/week

1.2
Rich Pulvino

Director

Total calculated

$0

Hours/week

1.2
Kamaria Simmons

Director

Total calculated

$0

Hours/week

1.2
Ian Mortimer

Director

Total calculated

$0

Hours/week

1.2
Eric Steiner

Director

Total calculated

$0

Hours/week

1.2
Amy Stein

Executive Director

Total calculated

$32,500

From this org

$32,500

From related orgs

$0

Other

$0

Hours/week

40

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: 2023
Filed: 9 May 2024
IRS schema version: 2023v5.0
Source object: 202441319349302159

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