Civic Intelligence

Bridgeport Public Education Fund Inc

EIN 06-1379383 • 501(c)3 • Bridgeport, CT

Profile

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.

271 Park AvenueBridgeport, CT 06604

www.bpef.org

Siviq Scores

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

Liabilities / Assets

58th percentile

0.04x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

65th percentile

0.06x

Higher debt load relative to revenue than 65% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Net Margin

31st percentile

-4.1%

Higher net margin than 31% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

81st percentile

$82,500

Higher top officer pay than 81% of similar nonprofits.

Top officer pay equals 24.1% of source-year revenue.

501(c)3 • $500k-$1M nonprofits • Source year 2024

Asset Growth

40th percentile

-0.4%

Faster asset growth than 40% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

30%

Faster revenue growth than 74% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$561,572

Down $2,219 (-0.4%) from 2023

Liabilities

Up

$21,095

Up $1,673 (+8.6%) from 2023

Net Assets

Down

$540,477

Down $3,892 (-0.7%) from 2023

Operations
Liabilities / Revenue65th percentileNet Margin31st percentile

Revenue

Up

$342,975

Up $79,337 (+30%) from 2023

Expenses

Up

$357,168

Up $23,375 (+7.0%) from 2023

Net Income

Up

-$14,193

Up $55,962 (+80%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth40th percentile

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

$800K$600K$400K$200K$0Assets 2010: $654,465Liabilities 2010: $218,551Net Assets 2010: $435,9142010Assets 2011: $485,182Liabilities 2011: $117,046Net Assets 2011: $368,1362011Assets 2012: $506,628Liabilities 2012: $105,463Net Assets 2012: $401,1652012Assets 2013: $538,545Liabilities 2013: $111,490Net Assets 2013: $427,0552013Assets 2014: $623,359Liabilities 2014: $130,139Net Assets 2014: $493,2202014Assets 2015: $492,147Liabilities 2015: $128,102Net Assets 2015: $364,0452015Assets 2016: $389,092Liabilities 2016: $64,275Net Assets 2016: $324,8172016Assets 2017: $551,415Liabilities 2017: $57,907Net Assets 2017: $493,5082017Assets 2018: $488,133Liabilities 2018: $22,016Net Assets 2018: $466,1172018Assets 2019: $437,850Liabilities 2019: $23,785Net Assets 2019: $414,0652019Assets 2020: $502,815Liabilities 2020: $45,737Net Assets 2020: $457,0782020Assets 2021: $619,643Liabilities 2021: $19,557Net Assets 2021: $600,0862021Assets 2022: $627,774Liabilities 2022: $24,496Net Assets 2022: $603,2782022Assets 2023: $563,791Liabilities 2023: $19,422Net Assets 2023: $544,3692023Assets 2024: $561,572Liabilities 2024: $21,095Net Assets 2024: $540,4772024

Highlighted filing

2024

Assets$561,572
Liabilities$21,095
Net Assets$540,477
Open 2024 Filing

Operations Trend

Revenue Growth74th percentile

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

$600K$400K$200K$0-$200KExpenses 2010: $415,2522010Expenses 2011: $478,1422011Expenses 2012: $414,1292012Revenue 2013: $427,475Expenses 2013: $413,531Net Income 2013: $13,9442013Revenue 2014: $477,193Expenses 2014: $455,767Net Income 2014: $21,4262014Revenue 2015: $392,575Expenses 2015: $491,541Net Income 2015: -$98,9662015Revenue 2016: $389,561Expenses 2016: $431,403Net Income 2016: -$41,8422016Revenue 2017: $568,050Expenses 2017: $412,024Net Income 2017: $156,0262017Revenue 2018: $346,788Expenses 2018: $368,031Net Income 2018: -$21,2432018Revenue 2019: $214,772Expenses 2019: $277,986Net Income 2019: -$63,2142019Revenue 2020: $296,359Expenses 2020: $261,122Net Income 2020: $35,2372020Revenue 2021: $387,230Expenses 2021: $256,876Net Income 2021: $130,3542021Revenue 2022: $355,390Expenses 2022: $341,458Net Income 2022: $13,9322022Revenue 2023: $263,638Expenses 2023: $333,793Net Income 2023: -$70,1552023Revenue 2024: $342,975Expenses 2024: $357,168Net Income 2024: -$14,1932024

Highlighted filing

2024

Revenue$342,975
Expenses$357,168
Net Income-$14,193
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$561,572
Liabilities
$21,095
Net assets
$540,477
Revenue
$342,975
Expenses
$357,168
Net income
-$14,193
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.62$0.21$5.40$3.43$3.57$0.14
2023Detailed filing. Detailed filing data is available for this year.$5.64$0.19$5.44$2.64$3.34$0.70
2022Detailed filing. Detailed filing data is available for this year.$6.28$0.24$6.03$3.55$3.41$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.20$0.20$6.00$3.87$2.57$1.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.03$0.46$4.57$2.96$2.61$0.35
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.38$0.24$4.14$2.15$2.78$0.63
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.88$0.22$4.66$3.47$3.68$0.21
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.51$0.58$4.94$5.68$4.12$1.56
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.89$0.64$3.25$3.90$4.31$0.42
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.92$1.28$3.64$3.93$4.92$0.99
2014Detailed filing. Detailed filing data is available for this year.$6.23$1.30$4.93$4.77$4.56$0.21
2013Detailed filing. Detailed filing data is available for this year.$5.39$1.11$4.27$4.27$4.14$0.14
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.07$1.05$4.01$4.14
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.85$1.17$3.68$4.78
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.54$2.19$4.36$4.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Jul 11, 2025
Return Version
2024v5.2
Gross Receipts
$352,513
Mission and Program Overview

Mission

To increase involvement of the greater bpt community in the bridgeport public school system, to organize and solicit financial and other support, to act as a catalyst for the development of new programs and new approaches to teaching and learning, to encourage bpt 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 bpt public school system as well as the challenges faced by urban education and their place in the greater bpt community, to bring information to the greater bpt community regarding current educational thought in the united states and to promote change in the bpt schools.

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.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$406,548$353,876▼ $52,672
Pledges and Grants Receivable$36,139$81,615▲ $45,476
Land, Buildings, and Equipment, Net$2,974$2,643▼ $331
Prepaid Expenses and Deferred Charges$2,796$1,181▼ $1,615
Total Assets$563,791$561,572▼ $2,219
Other Assets Total$115,334$122,257▲ $6,923
Liabilities
Accounts Payable and Accrued Expenses$12,536$14,209▲ $1,673
Other Liabilities$6,886$6,886→ $0
Total Liabilities$19,422$21,095▲ $1,673
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$304,298$299,233▼ $5,065
Net Assets With Donor Restrictions$240,071$241,244▲ $1,173
Total Net Assets Fund Balance$544,369$540,477▼ $3,892
Total Liabilities and Net Assets / Fund Balance$563,791$561,572▼ $2,219

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,643$29,216$31,859
Other Assets Org$1,650--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$106,798-▲ $10,301-$113,721
2023$98,670-▲ $11,246-$106,798
2022$96,179$16,700▼ $10,740-$98,670
2021$87,170-▲ $12,654-$96,179
2020$82,193-▲ $7,776-$87,170
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseTotal
Faith VillegasExecutive Director/secretaryFT$82,500$82,500

Board Members and Trustees

NameTitle
Eileen Lopez-cordoneChair
Dr Hamid MalakpourVice Chair
Ana BatistaDirector
Andrea SellersDirector
Barbara BellingerDirector
Carla KleinDirector
Crystal EngramDirector
Diana Devellis-draperDirector
Dr Royce AveryDirector
Jeff MorrisseyDirector
Jonathan OrleansDirector
Kelly McgeeDirector
Lorie Gumbs-tylerDirector
Morgan HillsDirector
Preston TisdaleDirector
Rina BakalarDirector
Terron JonesDirector
Wiley MullinsDirector
Mike GiarratanoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$342,916
Program Service Revenue
$0
Investment Income
$59
Other Revenue
$0
All Other Contributions
$337,784
Change in Net Assets
$-14,193

Audited Revenue Reconciliation

Revenue per Audited Statements
$342,975
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$10,476
Total Revenue per Audited Statements
$353,451
Total Revenue per Form 990
$342,975
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$193,688
Other Expenses$144,630
Total Fundraising Expense$35,611
Grants and Similar Amounts Paid$18,850
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$96,563--$96,563
Current Officers, Directors, Trustees, and Key Employees$41,250$37,125$4,125$82,500
Fees for Services Other-$36,500-$36,500
Occupancy$25,830$2,582$287$28,699
Grants to Domestic Individuals$18,850--$18,850
Payroll Taxes$11,795$2,547$283$14,625
Insurance-$10,215-$10,215
All Other Expenses$4,823$1,270$21$6,114
Office Expenses$3,019$2,509$27$5,555
Other Expenses$3,856$3,769$43$3,769
Conferences and Meetings$2,201$111$12$2,324
Advertising$375--$375
Depreciation Depletion$298$33-$331
Total Functional Expenses$224,510$97,047$35,611$357,168

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$357,343
Expenses per Audited Statements$357,168
Total Expenses per Form 990$357,168
Expenses Not Reported on Form 990$175
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$9,538
Fundraising Gross Income$9,538
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Funds Received as Agent Amounts Due Agencies$6,886
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
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
No
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 990 form is available to bpef board members for review and approval. 990 is uploaded to guidestar for public availability. Also available upon written or verbal request.”

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

“Board members review policy and complete conflict of interest form(s) annually.”

Form 990, Part VI, Section B, Line 15A

“Increase in salaries are reviewed and approved by the board of directors. Board directors refer to the ct non-profit report to ensure compliance with industry standards and expectations.”

Form 990, Part VI, Section C, Line 19

“Documents are available upon request. The 990 is also available on guidestar.”

Filing and Contact Details

Filer

Filer Name
Bridgeport Public Education Fund Inc
EIN
06-1379383
Phone
2033310551
Address
271 PARK AVENUE, BRIDGEPORT, CT 06604

Signing Officer

Name
Faith Villegas
Title
Executive Director
Phone
2033310551
Signed
2025-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Faith Villegas
Formed
1993
Legal Domicile
Ct
Voting Board Members
19
Independent Board Members
19
Employees
19
Volunteers
0

Preparer

Firm
Baker Tilly Advisory Group Lp
Address
6 RESEARCH DRIVE SUITE 450, SHELTON, CT 06484
Preparer
Sandra D Callanan CPA
Phone
2033665876
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

“Professional fees and consultants: program service expenses 0. Management and general expenses 36,500. Fundraising expenses 0. Total expenses 36,500.”

FORM 990, PART XI, LINE 9:

“Increase in beneficial interest in perpetual trust 10,301.”

Form 990, Part XII, Line 2C

“An independent review report was issued in lieu of an audited financial statement. The finance committee did not change its process of reviewing the financial statements issued by their independent accountant.”

Financial Statement Notes

PART V, LINE 4:

“The distribution from the perpetual trust is used for operating purposes.”

PART XI, LINE 2D - OTHER ADJUSTMENTS:

“Increase in beneficial interest in perpetual trust 10,301.”

Raw XML AppendixShowing 400 of 555 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.

Path#Value
IRS990/AccountantCompileOrReviewInd01
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt012536
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt014209
IRS990/AcctCompileOrReviewBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO 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.
IRS990/AdvertisingGrp/ProgramServicesAmt0375
IRS990/AdvertisingGrp/TotalAmt0375
IRS990/AllOtherContributionsAmt0337784
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IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01270
IRS990/AllOtherExpensesGrp/ProgramServicesAmt04823
IRS990/AllOtherExpensesGrp/TotalAmt06114
IRS990/AnnualDisclosureCoveredPrsnInd01
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IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0FAITH VILLEGAS
IRS990/BooksInCareOfDetail/PhoneNum02033310551
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0271 PARK AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0BRIDGEPORT
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IRS990/DepreciationDepletionGrp/TotalAmt0331
IRS990/Desc0MENTORING 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.
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IRS990/MissionDesc0TO 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.
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