Form 990 for tax year 2024

Filed by BRIDGEPORT PUBLIC EDUCATION FUND INC.

Totals

Total revenue: $342,975
Total expenses: $357,168
Contributions and grants received: $342,916
Grants paid: $18,850
Program service revenue: $0
Investment income: $59
Other revenue: $0
Total assets, end of year: $561,572
Total liabilities, end of year: $21,095
Net assets or fund balances, end of year: $540,477
Program services expenses (Part IX): $224,510
Management and general expenses: $97,047
Fundraising expenses: $35,611
Program service expenses (Part III): $224,510

Program services were 62.9% 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

$5,132
1f · All other contributions, gifts and grants

$337,784
3 · Investment income

total $59 · excluded $59
8a · Fundraising events: gross income

$9,538
8a · Fundraising events: contributions included on line 1c

$5,132
8b · Fundraising events: direct expenses

$9,538
8c · Net income from fundraising events

total $0

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $18,850 · program services $18,850
5 · Compensation of officers, directors and key employees

total $82,500 · program services $41,250 · management and general $37,125 · fundraising $4,125
7 · Other salaries and wages

total $96,563 · program services $96,563
10 · Payroll taxes

total $14,625 · program services $11,795 · management and general $2,547 · fundraising $283
11g · Fees: other

total $36,500 · management and general $36,500
12 · Advertising and promotion

total $375 · program services $375
13 · Office expenses

total $5,555 · program services $3,019 · management and general $2,509 · fundraising $27
16 · Occupancy

total $28,699 · program services $25,830 · management and general $2,582 · fundraising $287
19 · Conferences, conventions and meetings

total $2,324 · program services $2,201 · management and general $111 · fundraising $12
22 · Depreciation, depletion and amortization

total $331 · program services $298 · management and general $33
23 · Insurance

total $10,215 · management and general $10,215
24a · Other expenses: ANNUAL FUNDRAISING EVEN

total $30,813 · fundraising $30,813
24b · Other expenses: STUDENT STIPENDS

total $15,650 · program services $15,650
24c · Other expenses: TELEPHONE

total $4,285 · program services $3,856 · management and general $386 · fundraising $43
24d · Other expenses: ORGANIZATION DUES

total $3,769 · management and general $3,769
24e · All other expenses

total $6,114 · program services $4,823 · management and general $1,270 · fundraising $21

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $406,548 · end of year $353,876
3 · Pledges and grants receivable

beginning of year $36,139 · end of year $81,615
9 · Prepaid expenses and deferred charges

beginning of year $2,796 · end of year $1,181
10a · Land, buildings and equipment: cost or other basis

$31,859
10b · Land, buildings and equipment: accumulated depreciation

$29,216
10c · Land, buildings and equipment, net

beginning of year $2,974 · end of year $2,643
15 · Other assets

beginning of year $115,334 · end of year $122,257
17 · Accounts payable and accrued expenses

beginning of year $12,536 · end of year $14,209
25 · Other liabilities

beginning of year $6,886 · end of year $6,886
27 · Net assets without donor restrictions

beginning of year $304,298 · end of year $299,233
28 · Net assets with donor restrictions

beginning of year $240,071 · end of year $241,244

Mission and programs · 2024

Mission

TO INCREASE INVOLVEMENT OF THE GREATER BRIDGEPORT COMMUNITY IN THE BRIDGEPORT PUBLIC SCHOOL SYSTEM; TO ORGANIZE AND SOLICIT FINANCIAL AND OTHER SUPPORT FOR THE BRIDGEPORT PUBLIC SCHOOL SYSTEM; TO ACT AS A CATALYST FOR THE DEVELOPMENT OF NEW PROGRAMS AND NEW APPROACHES TO TEACHING AND LEARNING FOR THE BRIDGEPORT PUBLIC SCHOOL SYSTEM; TO ENCOURAGE BRIDGEPORT EDUCATORS TO BE CREATIVE, INNOVATIVE, AND EFFECTIVE, AND TO RECOGNIZE THEM FOR SUCH ACHIEVEMENTS; TO STRENGTHEN PARENTAL INVOLVEMENT IN THEIR CHILDREN'S EDUCATIONAL PROCESS; TO STRENGTHEN COMMUNICATION BETWEEN EDUCATIONAL, CIVIC, AND BUSINESS CONSTITUENCIES AND TO INCREASE PUBLIC AWARENESS OF EXCELLENCE WITHIN THE BRIDGEPORT PUBLIC SCHOOL SYSTEM AS WELL AS THE CHALLENGES FACED BY URBAN EDUCATION AND THEIR PLACE IN THE GREATER BRIDGEPORT COMMUNITY; TO BRING INFORMATION TO THE GREATER BRIDGEPORT COMMUNITY REGARDING CURRENT EDUCATIONAL THOUGHT IN THE UNITED STATES AND TO PROMOTE CHANGE IN THE BRIDGEPORT SCHOOLS.

MENTORING FOR ACADEMIC ACHIEVEMENT AND COLLEGE SUCCESS- IS A COLLEGE ACCESS PROGRAM THAT PAIRS HIGH SCHOOL STUDENTS WITH COLLEGE STUDENT MENTORS. THE UNIVERSITY OF BRIDGEPORT, AND SACRED HEART UNIVERSITY. STUDENTS WHO ARE IN MAACS FOR AT LEAST TWO YEARS AND ATTEND THE COLLEGE READINESS WORKSHOP IN THEIR SENIOR YEAR ARE THEN ENROLLED IN THE COLLEGE ASSISTANCE PROGRAM (CAP) WHICH WILL GIVE THEM SUPPORT: FINANCIAL, ACADEMIC,AND EMOTIONAL, ALL THROUGH COLLEGE.

Expenses $183,220 · Grants $3,100
ENRICHMENT PROGRAMS- FIRST DAY - A READING ENRICHMENT PROGRAM THAT ENCOURAGES READING SKILLS BY GIVING EACH FIRST GRADE STUDENT A NEW BOOK ON THE FIRST DAY OF SCHOOL, AND INTRODUCES HUNDREDS OF VOLUNTEERS TO BRIDGEPORT CLASSROOMS. ALL FIRST GRADE STUDENTS IN THE BRIDGEPORT PUBLIC SCHOOLS, NEW BEGINNINGS CHARTER SCHOOL, THE 2 REGIONAL MAGNET SCHOOLS PARTICIPATE IN FIRST DAY. COMMUNITY ENGAGEMENT: EDUCATION FORUMS TO BRING INFORMATION TO OUR COMMUNITY AND FACILITATE COMMUNITY CONVERSATIONS TO ENABLE OUR COMMUNITY TO DISCUSS ISSUES, DEVELOP SOLUTIONS, AND IMPLEMENT THEIR IDEAS. INSPIRATION EVENT: AN ANNUAL EVENT TO RECOGNIZE AND REWARD EXCELLENT EDUCATORS IN THE BRIDGEPORT PUBLIC SCHOOLS.

Expenses $41,290 · Grants $15,750

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

Listed in Part VII

Jonathan OrleansJONATHAN ORLEANS

DIRECTOR

Total calculated

$0

Hours/week

1
Eileen Lopez-CordoneEILEEN LOPEZ-CORDONE

CHAIR

Total calculated

$0

Hours/week

1
Dr Hamid MalakpourDR HAMID MALAKPOUR

VICE CHAIR

Total calculated

$0

Hours/week

1
Mike GiarratanoMIKE GIARRATANO

TREASURER

Total calculated

$0

Hours/week

1
Rina BakalarRINA BAKALAR

DIRECTOR

Total calculated

$0

Hours/week

1
Barbara BellingerBARBARA BELLINGER

DIRECTOR

Total calculated

$0

Hours/week

1
Ana BatistaANA BATISTA

DIRECTOR

Total calculated

$0

Hours/week

1
Lorie Gumbs-TylerLORIE GUMBS-TYLER

DIRECTOR

Total calculated

$0

Hours/week

1
Kelly McGeeKELLY MCGEE

DIRECTOR

Total calculated

$0

Hours/week

1
Carla KleinCARLA KLEIN

DIRECTOR

Total calculated

$0

Hours/week

1
Dr Royce AveryDR ROYCE AVERY

DIRECTOR

Total calculated

$0

Hours/week

1
Wiley MullinsWILEY MULLINS

DIRECTOR

Total calculated

$0

Hours/week

1
Preston TisdalePRESTON TISDALE

DIRECTOR

Total calculated

$0

Hours/week

1
Terron JonesTERRON JONES

DIRECTOR

Total calculated

$0

Hours/week

1
Diana Devellis-DraperDIANA DEVELLIS-DRAPER

DIRECTOR

Total calculated

$0

Hours/week

1
Crystal EngramCRYSTAL ENGRAM

DIRECTOR

Total calculated

$0

Hours/week

1
Jeff MorrisseyJEFF MORRISSEY

DIRECTOR

Total calculated

$0

Hours/week

1
Morgan HillsMORGAN HILLS

DIRECTOR

Total calculated

$0

Hours/week

1
Andrea SellersANDREA SELLERS

DIRECTOR

Total calculated

$0

Hours/week

1
Faith VillegasFAITH VILLEGAS

EXECUTIVE DIRECTOR/SECRETARY

Total calculated

$82,500

From this org

$82,500

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: 2024
Filed: 11 July 2025
IRS schema version: 2024v5.2
Source object: 202502169349301120

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