Civic Intelligence

Wakefield Educational Foundation Inc

EIN 04-3052276 • 501(c)3 • Wakefield, MA

Profile

The foundation solicits grant proposals from teachers working within the Wakefield Public Schools. A committee of Foundation members selects proposals, which appear to have benefit for the largest number of public school students possible. Grant monies are contributed to the Wakefield Public Schools for implementation of the selected proposals. Grant monies received from corporate organizations may be earmarked for specific programs such as health and environmental education. Such grants are contributed to the Wakefield Public Schools for expenditure on the specific program.

PO Box 1752Wakefield, MA 01880

www.wef01880.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

60th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

62nd percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

77th percentile

24%

Higher net margin than 77% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

69th percentile

11%

Faster asset growth than 69% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

86th percentile

56%

Faster revenue growth than 86% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$176,564

Up $17,444 (+11%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$176,564

Up $17,444 (+11%) from 2023

Revenue

Up

$92,189

Up $33,241 (+56%) from 2023

Expenses

Down

$70,256

Down $6,563 (-8.5%) from 2023

Net Income

Up

$21,933

Up $39,804 (+223%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$200K$150K$100K$50K$0Assets 2011: $140,928Liabilities 2011: $02011Assets 2012: $153,648Liabilities 2012: $02012Assets 2013: $151,183Liabilities 2013: $02013Assets 2014: $155,199Liabilities 2014: $0Net Assets 2014: $155,1992014Assets 2015: $152,812Liabilities 2015: $0Net Assets 2015: $152,8122015Assets 2016: $151,211Liabilities 2016: $0Net Assets 2016: $151,2112016Assets 2017: $161,215Liabilities 2017: $0Net Assets 2017: $161,2152017Assets 2018: $165,056Liabilities 2018: $0Net Assets 2018: $165,0562018Assets 2019: $164,046Liabilities 2019: $0Net Assets 2019: $164,0462019Assets 2020: $163,244Liabilities 2020: $0Net Assets 2020: $163,2442020Assets 2021: $196,381Liabilities 2021: $0Net Assets 2021: $196,3812021Assets 2022: $162,285Liabilities 2022: $0Net Assets 2022: $162,2852022Assets 2023: $159,120Liabilities 2023: $0Net Assets 2023: $159,1202023Assets 2024: $176,564Liabilities 2024: $0Net Assets 2024: $176,5642024

Highlighted filing

2024

Assets$176,564
Liabilities$0
Net Assets$176,564

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KRevenue 2011: $19,839Expenses 2011: $22,853Net Income 2011: -$3,0142011Revenue 2012: $30,658Expenses 2012: $17,939Net Income 2012: $12,7192012Revenue 2013: $29,977Expenses 2013: $32,442Net Income 2013: -$2,4652013Revenue 2014: $28,520Expenses 2014: $24,504Net Income 2014: $4,0162014Revenue 2015: $25,604Expenses 2015: $27,991Net Income 2015: -$2,3872015Revenue 2016: $24,265Expenses 2016: $25,866Net Income 2016: -$1,6012016Revenue 2017: $34,140Expenses 2017: $24,136Net Income 2017: $10,0042017Revenue 2018: $38,775Expenses 2018: $34,934Net Income 2018: $3,8412018Revenue 2019: $37,025Expenses 2019: $29,909Net Income 2019: $7,1162019Revenue 2020: $33,296Expenses 2020: $44,851Net Income 2020: -$11,5552020Revenue 2021: $46,483Expenses 2021: $7,176Net Income 2021: $39,3072021Revenue 2022: $26,499Expenses 2022: $40,149Net Income 2022: -$13,6502022Revenue 2023: $58,948Expenses 2023: $76,819Net Income 2023: -$17,8712023Revenue 2024: $92,189Expenses 2024: $70,256Net Income 2024: $21,9332024

Highlighted filing

2024

Revenue$92,189
Expenses$70,256
Net Income$21,933

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.77$0.00$1.77$0.92$0.70$0.22
2023Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$0.59$0.77$0.18
2022Detailed filing. Detailed filing data is available for this year.$1.62$0.00$1.62$0.26$0.40$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.96$0.00$1.96$0.46$0.07$0.39
2020Detailed filing. Detailed filing data is available for this year.$1.63$0.00$1.63$0.33$0.45$0.12
2019Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.37$0.30$0.07
2018Detailed filing. Detailed filing data is available for this year.$1.65$0.00$1.65$0.39$0.35$0.04
2017Detailed filing. Detailed filing data is available for this year.$1.61$0.00$1.61$0.34$0.24$0.10
2016Detailed filing. Detailed filing data is available for this year.$1.51$0.00$1.51$0.24$0.26$0.02
2015Detailed filing. Detailed filing data is available for this year.$1.53$0.00$1.53$0.26$0.28$0.02
2014Detailed filing. Detailed filing data is available for this year.$1.55$0.00$1.55$0.29$0.25$0.04
2013Summary only. Only limited summary data is available for this year.$1.51$0.00$0.30$0.32$0.02
2012Summary only. Only limited summary data is available for this year.$1.54$0.00$0.31$0.18$0.13
2011Summary only. Only limited summary data is available for this year.$1.41$0.00$0.20$0.23$0.03
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 9, 2025
Return Version
2024v5.0
Gross Receipts
$97,305
Mission and Program Overview

Mission

The foundation solicits grant proposals from teachers working within the Wakefield Public Schools. A committee of Foundation members selects proposals, which appear to have benefit for the largest number of public school students possible. Grant monies are contributed to the Wakefield Public Schools for implementation of the selected proposals. Grant monies received from corporate organizations may be earmarked for specific programs such as health and environmental education. Such grants are contributed to the Wakefield Public Schools for expenditure on the specific program.

Program Services

DescriptionGrantsExpenses
Grants to members of Wakefield, Massachusetts Public School Programs$69,684$69,684
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Cary MazzoneCo-President-$0--
Melissa HolmesCo-President-$0--
Mary LetchfordTreasurer-$0--
Jamee PaolilloSecretary-$0--
Kim HartmanDirector-$0--
Linda McManamaDirector-$0--
Jennifer MoonDirector-$0--
Elizabeth RussellDirector-$0--
Jennifer TheriaultDirector-$0--
Susan WordenDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Online Auction$14,453$14,453$103$14,350
Calendar Fundraiser$5,158$5,158$3,293$1,865
Total Events$19,611$19,611$3,396$16,215
Filing and Contact Details

Filer

Filer Name
Wakefield Educational Foundation Inc
EIN
04-3052276
Phone
7812460768
Address
PO Box 1752, Wakefield, MA 01880

Signing Officer

Name
Linda McManama
Title
Director
Phone
7812460768
Signed
2025-05-09
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10

The Wakefield Educational Foundation awarded $34,684 in direct grants to members of Wakefield, MA public school programs and a $35,000 grant in conjunction with the Cummings Foundation. The Wakefield Educational Foundation is a recipient of Cummings Foundation 3-year award to support the creation of a districtwide student support services department to deliver mental health services to all students in the Wakefield Public Schools.

Form 990-EZ, Part I, Line 16

Description;Amount^Wakefield Chamber of Commerce membership fee;125|US Postal Service PO box fee;222|35th Anniversary Logo design fee;225^Total;572^

Form 990-EZ, Part I, Line 20

Description;Amount^Unrealized loss;-4489^Total;-4489^

Raw XML Appendix244 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9Director
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IRS990EZ/PrimaryExemptPurposeTxt0The foundation solicits grant proposals from teachers working within the Wakefield Public Schools. A committee of Foundation members selects proposals, which appear to have benefit for the largest number of public school students possible. Grant monies are contributed to the Wakefield Public Schools for implementation of the selected proposals. Grant monies received from corporate organizations may be earmarked for specific programs such as health and environmental education. Such grants are contributed to the Wakefield Public Schools for expenditure on the specific program.
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
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IRS990EZ/WebsiteAddressTxt0www.wef01880.org
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0Online auction fundraiser, school calendar fundraiser, Adult Spelling Bee fundraiser, and annual Celebration of Learning event.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0Schedule A, Part II, Line 10
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Wakefield Educational Foundation awarded $34,684 in direct grants to members of Wakefield, MA public school programs and a $35,000 grant in conjunction with the Cummings Foundation. The Wakefield Educational Foundation is a recipient of Cummings Foundation 3-year award to support the creation of a districtwide student support services department to deliver mental health services to all students in the Wakefield Public Schools.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Description;Amount^Wakefield Chamber of Commerce membership fee;125|US Postal Service PO box fee;222|35th Anniversary Logo design fee;225^Total;572^
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Description;Amount^Unrealized loss;-4489^Total;-4489^
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 20
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Linda McManama
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Director
ReturnHeader/BusinessOfficerGrp/PhoneNum07812460768
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-09
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0WAKEFIELD EDUCATIONAL FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0WAKE
ReturnHeader/Filer/EIN0043052276
ReturnHeader/Filer/PhoneNum07812460768
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1752
ReturnHeader/Filer/USAddress/CityNm0Wakefield
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001880
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/ReturnTs02025-05-09T10:08:36-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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