Civic Intelligence

The Montclair Fund for Educational Excellence Inc

EIN 06-1320335 • 501(c)3 • Montclair, NJ

Profile

Montclair fund for educational excellence, inc.'s mission is to boost a high quality, integrated public school experience for all 6,000 montclair students. By providing grants, running programs, building community partnerships, and leading events, the organization provides holistic and comprehensive support to students, teachers, administrators, and families.

60 S Fullerton Ave 206Montclair, NJ 07042

www.mfee.org

Siviq Scores

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

Liabilities / Assets

90th percentile

0.01x

Higher debt load relative to assets than 90% of similar nonprofits.

NTEE T20Z • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

87th percentile

0.02x

Higher debt load relative to revenue than 87% of similar nonprofits.

NTEE T20Z • $1M-$5M nonprofits • Source year 2025

Net Margin

47th percentile

9.5%

Higher net margin than 47% of similar nonprofits.

NTEE T20Z • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

97th percentile

$92,159

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 14.8% of source-year revenue.

NTEE T20Z • $1M-$5M nonprofits • Source year 2025

Asset Growth

72nd percentile

7.1%

Faster asset growth than 72% of similar nonprofits.

NTEE T20Z • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

47th percentile

15%

Faster revenue growth than 47% of similar nonprofits.

NTEE T20Z • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Up

$1,888,264

Up $124,667 (+7.1%) from 2024

Liabilities

Down

$10,192

Down $22,478 (-69%) from 2024

Net Assets

Up

$1,878,072

Up $147,145 (+8.5%) from 2024

Revenue

Up

$624,763

Up $80,174 (+15%) from 2024

Expenses

Up

$565,553

Up $18,359 (+3.4%) from 2024

Net Income

Up

$59,210

Up $61,815 (+2373%) from 2024

Trend Graphs

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $1,025,553Liabilities 2011: $0Net Assets 2011: $1,025,5532011Assets 2012: $1,055,785Liabilities 2012: $0Net Assets 2012: $1,055,7852012Assets 2013: $1,157,045Liabilities 2013: $0Net Assets 2013: $1,157,0452013Assets 2014: $1,281,192Liabilities 2014: $0Net Assets 2014: $1,281,1922014Assets 2015: $1,156,809Liabilities 2015: $0Net Assets 2015: $1,156,8092015Assets 2016: $970,116Liabilities 2016: $42,552Net Assets 2016: $927,5642016Assets 2017: $1,063,028Liabilities 2017: $86,523Net Assets 2017: $976,5052017Assets 2018: $992,048Liabilities 2018: $11,750Net Assets 2018: $980,2982018Assets 2019: $1,122,956Liabilities 2019: $11,887Net Assets 2019: $1,111,0692019Assets 2020: $1,126,322Liabilities 2020: $12,382Net Assets 2020: $1,113,9402020Assets 2021: $1,404,835Liabilities 2021: $26,714Net Assets 2021: $1,378,1212021Assets 2022: $1,353,326Liabilities 2022: $17,086Net Assets 2022: $1,336,2402022Assets 2023: $1,692,606Liabilities 2023: $17,715Net Assets 2023: $1,674,8912023Assets 2024: $1,763,597Liabilities 2024: $32,670Net Assets 2024: $1,730,9272024Assets 2025: $1,888,264Liabilities 2025: $10,192Net Assets 2025: $1,878,0722025

Highlighted filing

2025

Assets$1,888,264
Liabilities$10,192
Net Assets$1,878,072

Operations Trend

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

$1.0M$500K$0-$500KExpenses 2011: $611,4732011Revenue 2012: $601,582Expenses 2012: $572,105Net Income 2012: $29,4772012Revenue 2013: $639,767Expenses 2013: $576,161Net Income 2013: $63,6062013Revenue 2014: $611,132Expenses 2014: $564,239Net Income 2014: $46,8932014Revenue 2015: $521,647Expenses 2015: $583,935Net Income 2015: -$62,2882015Revenue 2016: $563,632Expenses 2016: $649,454Net Income 2016: -$85,8222016Revenue 2017: $314,481Expenses 2017: $340,028Net Income 2017: -$25,5472017Revenue 2018: $307,255Expenses 2018: $282,835Net Income 2018: $24,4202018Revenue 2019: $447,488Expenses 2019: $284,175Net Income 2019: $163,3132019Revenue 2020: $319,258Expenses 2020: $298,885Net Income 2020: $20,3732020Revenue 2021: $481,421Expenses 2021: $357,844Net Income 2021: $123,5772021Revenue 2022: $508,592Expenses 2022: $395,157Net Income 2022: $113,4352022Revenue 2023: $736,037Expenses 2023: $461,893Net Income 2023: $274,1442023Revenue 2024: $544,589Expenses 2024: $547,194Net Income 2024: -$2,6052024Revenue 2025: $624,763Expenses 2025: $565,553Net Income 2025: $59,2102025

Highlighted filing

2025

Revenue$624,763
Expenses$565,553
Net Income$59,210

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.89$0.01$1.88$0.62$0.57$0.06
2024Detailed filing. Detailed filing data is available for this year.$1.76$0.03$1.73$0.54$0.55$0.00
2023Detailed filing. Detailed filing data is available for this year.$1.69$0.02$1.67$0.74$0.46$0.27
2022Detailed filing. Detailed filing data is available for this year.$1.35$0.02$1.34$0.51$0.40$0.11
2021Detailed filing. Detailed filing data is available for this year.$1.40$0.03$1.38$0.48$0.36$0.12
2020Detailed filing. Detailed filing data is available for this year.$1.13$0.01$1.11$0.32$0.30$0.02
2019Detailed filing. Detailed filing data is available for this year.$1.12$0.01$1.11$0.45$0.28$0.16
2018Detailed filing. Detailed filing data is available for this year.$0.99$0.01$0.98$0.31$0.28$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.06$0.09$0.98$0.31$0.34$0.03
2016Detailed filing. Detailed filing data is available for this year.$0.97$0.04$0.93$0.56$0.65$0.09
2015Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.52$0.58$0.06
2014Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.61$0.56$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.00$1.16$0.64$0.58$0.06
2012Summary only. Only limited summary data is available for this year.$1.06$0.00$1.06$0.60$0.57$0.03
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.03$0.00$1.03$0.61
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 12, 2026
Return Version
2024v5.5
Gross Receipts
$1,088,503
Mission and Program Overview

Mission

Montclair fund for educational excellence, inc.'s mission is to boost a high quality, integrated public school experience for all 6,000 montclair students. By providing grants, running programs, building community partnerships, and leading events, the organization provides holistic and comprehensive support to students, teachers, administrators, and families.

Support montclair public schools

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$696,640$1,202,213▲ $505,573
Cash and Non-Interest-Bearing Accounts$1,020,106$448,157▼ $571,949
Land, Buildings, and Equipment, Net$15,990$192,518▲ $176,528
Accounts Receivable$30,861$45,376▲ $14,515
Total Assets$1,763,597$1,888,264▲ $124,667
Liabilities
Escrow Account Liability$9,532$9,532→ $0
Accounts Payable and Accrued Expenses$23,138$660▼ $22,478
Total Liabilities$32,670$10,192▼ $22,478
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,730,927$1,878,072▲ $147,145
Total Net Assets Fund Balance$1,730,927$1,878,072▲ $147,145
Total Liabilities and Net Assets / Fund Balance$1,763,597$1,888,264▲ $124,667

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$179,808$192$180,000
Other Land Buildings$12,710$34,560$47,270
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Masiel Rodriquez-varsExecutive DirectorFT$92,159$92,159

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$577,040
Program Service Revenue
$0
Investment Income
$58,458
Other Revenue
$-10,735
All Other Contributions
$239,458
Change in Net Assets
$59,210
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$244,501
Grants and Similar Amounts Paid$232,959
Other Expenses$88,093
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$232,959--$232,959
Other Salaries and Wages$110,728$18,720-$129,448
Current Officers, Directors, Trustees, and Key Employees$68,182$22,727-$90,909
Payroll Taxes$19,603$4,541-$24,144
Office Expenses-$18,837-$18,837
Insurance-$17,197-$17,197
Fees for Services Management-$15,020-$15,020
Fees for Services Accounting-$6,440-$6,440
Depreciation Depletion-$3,472-$3,472
Advertising-$2,717-$2,717
Other Expenses-$394-$394
Travel-$291-$291
Total Functional Expenses$431,472$134,081$0$565,553
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Initiatives That Benefit the Entire Montclair Public School DistrictMontclair, NJ-Grants Are Awarded to the Montclair Public Schools for Use by Faculty$192,504
Educational Excellence GrantsMontclair, NJ-Grants Are Awarded to the Montclair Public Schools for Use by Faculty$34,848
Turner Social and Emotional Learning GrantsMontclair, NJ-Grants Are Awarded to the Montclair Public Schools for Use by Faculty$5,355
Greenwald Professional Development GrantsMontclair, NJ-Grants Are Awarded to the Montclair Public Schools for Use by Faculty$252
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$10,735
Fundraising Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Annual Appeals$94,845-$600-
Family Feud$88,019-$6,931-
Total Events$237,582-$10,735$-10,735
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

The executive director and the board of directors are provided with copies of the 990 for review after it is completed by the tax preparers and prior to filing.

Form 990, Part VI, Section B, Line 12C

When projects are in the planning stages, directors and employees are notified and are expected to disclose any conflicts of interest. This is an ongoing cycle throughout the year, whenever there is a new project.

Form 990, Part VI, Section B, Line 15

The organization uses publicly available compensation data for comparable size charitable organizations in the education sector and located in nj and the ny metro area, including 990 data and salary surveys, to determine the relative scale of compensation for the executive director. Any salary increases are recommended for approval by the full board by the executive committee after completing a performance evaluation of the executive director.

Form 990, Part VI, Section C, Line 19

The governing documents and financial statements of the organization are available upon request to interested parties. They are also shared with the organization's board of directors.

Filing and Contact Details

Filer

Filer Name
The Montclair Fund for Educational
EIN
06-1320335
Phone
8774426333
Address
60 S FULLERTON AVE 206, MONTCLAIR, NJ 07042

Signing Officer

Name
Bridget Placek
Title
President
Phone
8774426333
Signed
2026-02-12
Discuss with paid preparer
Yes

Organization Details

Formed
1991
Legal Domicile
Nj
Voting Board Members
22
Independent Board Members
22
Employees
12
Volunteers
405

Preparer

Firm
Cbiz Advisors LLC
Address
250 PEHLE AVE SUITE 601, SADDLE BROOK, NJ 07663
Preparer
Neal Rotenberg
Phone
2019050400
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 1B:

The organization acts as a financial intermediary for other organizations whose projects are in support of the organization's mission to support montclair public schools, but whose funds are not an asset of the organization.

PART IV, LINE 2B:

All contributions received for these programs are accounted for as liabilities, and all program expenses paid are offset against the liability.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt17CO-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt18SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt19FOUNDER
IRS990/Form990PartVIISectionAGrp/TitleTxt20CO-PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt21TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt22EXECUTIVE DIRECTOR
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IRS990/MissionDesc0MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE, INC.'S MISSION IS TO BOOST A HIGH QUALITY, INTEGRATED PUBLIC SCHOOL EXPERIENCE FOR ALL 6,000 MONTCLAIR STUDENTS. BY PROVIDING GRANTS, RUNNING PROGRAMS, BUILDING COMMUNITY PARTNERSHIPS, AND LEADING EVENTS, THE ORGANIZATION PROVIDES HOLISTIC AND COMPREHENSIVE SUPPORT TO STUDENTS, TEACHERS, ADMINISTRATORS, AND FAMILIES.
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IRS990/ProgSrvcAccomActy2Grp/Desc0EDUCATIONAL EXCELLENCE GRANTS - MFEE AWARDS GRANTS TO MONTCLAIR PUBLIC SCHOOL FACULTY AND STAFF FOR INNOVATIVE PROJECTS THAT WILL HAVE A DIRECT IMPACT IN THE CLASSROOM. PROPOSALS ARE EVALUATED ON THE QUALITY OF THE APPLICATION, DEMONSTRATED NEED FOR THE PROJECT, AND THE EXTENT TO WHICH THE PROJECT PRESENTS A CREATIVE WAY TO ENHANCE GRADE LEVEL CURRICULA AND SUPPORT CURRENT DISTRICT GOALS. PROJECTS FUNDED INCLUDE EVERYTHING FROM INNOVATIVE TECH TOOLS TO HYDROPONIC GARDENING TO CULTURALLY RESPONSIVE WRITING PROJECTS.
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IRS990/ProgSrvcAccomActy3Grp/Desc0JUDY WESTON AWARDS FOR INSPIRED TEACHING - JOSH AND JUDY WESTON ESTABLISHED THE JUDY WESTON AWARDS FOR INSPIRED TEACHING IN 1991 TO ACKNOWLEDGE AND CELEBRATE MONTCLAIR PUBLIC SCHOOL TEACHERS AND STAFF WHO STAND OUT TO PARENTS/GUARDIANS AND STUDENTS AS CREATIVE, TALENTED, SUPPORTIVE, AND INSPIRING.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0SOCIAL AND EMOTIONAL GRANTS AND PROJECTS - SOCIAL AND EMOTIONAL LEARNING GRANTS ARE AWARDED TO MONTCLAIR PUBLIC SCHOOL FACULTY FOR PROJECTS THAT ENHANCE STUDENTS' SOCIAL AND EMOTIONAL COMPETENCIES, INCLUDING THEIR ABILITY TO MANAGE EMOTIONS, DEVELOP POSITIVE RELATIONSHIPS, AND INITIATIVES TO SUPPORT STUDENT SELF-EXPRESSION.GREENWALD PROFESSIONAL DEVELOPMENT GRANTS - GDP GRANTS ARE AWARDED TO MPS FACULTY FOR UNIQUE PD THAT STRENGTHENS THEIR SKILLS TO IMPROVE STUDENT ACHIEVEMENT. IT REPRESENTS A NEW IDEA THAT MAY NOT HAVE BEEN TRIED AT ALL OR IN THIS WAY, AND/OR ADDRESSES A SPECIFIC, COMPELLING NEED. IT CLEARLY ARTICULATES THE POTENTIAL TO IMPACT STUDENT LEARNING IN A SIGNIFICANT WAY.EXCELLENCE IN EQUITY GRANTS - MFEE IS AWARDING ONE-TIME SIGNIFICANT GRANTS TO EACH OF THE MONTCLAIR PUBLIC SCHOOLS TO ADDRESS ISSUES OF RACIAL AND SOCIO-ECONOMIC INEQUITY. PROPOSALS ARE EVALUATED ON THE QUALITY OF THE PROJECT, DEMONSTRATED NEED FOR THE PROJECT, AND DEMONSTRATED BUY-IN ACROSS A WIDE SWATH OF THE SCHOOL COMMUNITY. APPLICATIONS MUST BE COLLABORATIVELY-SHAPED BY A DIVERSE GROUP OF SCHOOL STAKEHOLDERS, INCLUDING (BUT NOT LIMITED TO) TEACHERS, ADMINISTRATORS, PARENTS, AND STUDENTS (WHERE APPLICABLE).ARTS OPEN HEARTS - MFEE LAUNCHED THE ARTS OPEN HEARTS CAMPAGIN TO FUND ARTS PROGRAMS THAT NURTURE SOCIAL/EMOTIONAL AND TEEN MENTAL HEALTH. DONATIONS FUEL BALLROOM DANCE RESIDENCIES, STORY SALONS, POETRY SLAMS, AND INTERGENERATIONAL STORY SLAMS THAT FOSTER CONNECTIONS, NURTURE SELF-ESTEEM, AND PROVIDE AN OUTLET FOR SELF-EXPRESSION.ENTRENADORES ESCOLARES PROVIDES AFTER SCHOOL BILINGUAL TUTORING AND SOCIAL SUPPORT TO MULTILINGUAL MIDDLE AND HIGH SCHOOL STUDENTS. "ENTRENADORES" MEANS COACHES, AND THE MHS TEEN MENTORS HELP WITH HOMEWORK, PROVIDE EXTRA TUTORING, AND OVERALL BUILD FRIENDSHIPS AND RELATIONSHIPS AMONG ALL THE STUDENTS. ENTRENADORES ESCOLARES ALSO PROVIDES ENRICHMENT ACTIVITIES TO THE STUDENTS.ORUGUITAS OFFERS BILINGUAL AFTER SCHOOL PROGRAMMING FOR OUR YOUNGEST ELL STUDENTS. THE GOALS ARE NOT JUST TO SUPPORT STUDENTS ACADEMICALLY BUT TO CREATE MEANINGFUL CONNECTION AND COMMUNITY. USING PLAY BASED ACTIVITES, K-5 STUDENTS WORK WITH INTERGENERATIONAL LEARNING COACHES TO BOOST THEIR ENGLISH, MATH, AND SOCIAL SKILLS.TOAST TO TEACHERS/ TEACHER TRIBUTES - AT THE END OF THE SCHOOL YEAR FAMILIES GATHER TO FUNDRAISE AND HONOR SCHOOL STAFF. DONATIONS RAISED FROM THIS EVENT FULLY FUND THE EDUCATIONAL EXCELLENCE GRANTS FOR THE FOLLOWING ACADEMIC YEAR.FAMILY FEUD 2025 - THE MONTCLAIR FUND FOR EDUCATIONAL EXCELLENCE (MFEE) BROUGHT A NEW TWIST TO AN OLD CLASSIC IN SPRING TO THE MONTCLAIR COMMUNITY. MFEE'S VERSION OF A GAME SHOW FAVORITE HAD DREAM TEAM 'FAMILIES' WHICH INCLUDED 54 INCREDIBLE MONTCLAIR PUBLIC SCHOOL STAFF MEMBERS AND 66 BELOVED COMMUNITY PLAYERS GO HEAD-TO-HEAD IN THE ULTIMATE BATTLE OF BRAINS, BUZZERS, AND BRAGGING RIGHTS. EACH 'FAMILY' TEAM COMMITS TO RAISE A MINIMUM OF $1250 FOR MFEE. THE EVENT ALSO SEEKS SUPPORT AND SPONSORSHIP FROM LOCAL BUSINESSES.SABOR MONTCLAIR - SABOR MONTCLAIR IS A FUNDRAISER THAT CELEBRATES THE UNIQUE "SABOR" THAT OUR LATINX COMMUNITY MEMBERS BRING TO MONTCLAIR. OUR FAMILIES HAVE HELPED DESIGN THIS EVENT WHICH FEATURES TASTY TAKE-OUT MEALS THAT HIGHLIGHT THEIR CULTURE AND FAMILY STORIES. TICKETS PURCHASED AND DONATIONS SUPPORT ALL OF MFEE'S PROGRAMMING AND TO HELP FUND NAVEGADORES ESCOLARES.JOHN JOYCE AMERICAN SIGN LANGUAGE FUND - THE JOHN J. JOYCE AMERICAN SIGN LANGUAGE (ASL) FUND WAS ESTABLISHED BY THE JOYCE FAMILY IN LOVING MEMORY OF JOHN - A STAUNCH SUPPORTER OF THE MONTCLAIR PUBLIC SCHOOLS AND ADVOCATE FOR EQUALITY IN CHILDREN'S EDUCATION. DONATIONS FUND INITIATIVES TO TEACH ASL TO MONTCLAIR CHILDREN AND THEIR FAMILIES THROUGH A VARIETY OF EXPERIENCES, INCLUDING AFTER SCHOOL ACTIVITIES AND COMMUNITY PROGRAMMING.JACKSON LIGHTFOOT WHITSETT MEMORIAL FUND AWARD - THE INAUGURAL RECIPIENT OF THE JACKSON LIGHTFOOT WHITSETT MEMORIAL FUND AWARD, WAS A MIDDLE SCHOOLER WHO RECEIVED A $100 CASH AWARD FOR EMBODYING TH
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