Civic Intelligence

Norwalk Education Foundation Inc.

990EZ • Fiscal year 2025 • EIN 06-1498087

Jul 01, 2024 to Jun 30, 2025 • Filed on Feb 16, 2025

125 East Avenue Third FloorNorwalk, CT 06851

(203) 854-4068

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.02x

Higher debt load relative to assets than 74% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Liabilities / Revenue

84th percentile

0.08x

Higher debt load relative to revenue than 84% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Net Margin

90th percentile

41%

Higher net margin than 90% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

86th percentile

$10,718

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 18.5% of source-year revenue.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

68th percentile

14%

Faster asset growth than 68% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

32nd percentile

-11%

Faster revenue growth than 32% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$217,991

Up $27,405 (+14%) from 2024

Net Assets

Up

$213,358

Up $24,025 (+13%) from 2024

Liabilities

Up

$4,633

Up $3,380 (+270%) from 2024

Revenue

Down

$57,986

Down $7,501 (-11%) from 2024

Expenses

Down

$33,961

Down $14,106 (-29%) from 2024

Net Income

Up

$24,025

Up $6,605 (+38%) from 2024

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2011: $164,765Liabilities 2011: $96,099Net Assets 2011: $68,6662011Assets 2012: $110,558Liabilities 2012: $52,045Net Assets 2012: $58,5132012Assets 2013: $74,538Liabilities 2013: $25,3612013Assets 2014: $40,643Liabilities 2014: $7,1092014Assets 2015: $100,046Liabilities 2015: $7,118Net Assets 2015: $92,9282015Assets 2017: $149,309Liabilities 2017: $1,991Net Assets 2017: $147,3182017Assets 2018: $190,633Liabilities 2018: $30,000Net Assets 2018: $160,6332018Assets 2019: $188,911Liabilities 2019: $30,048Net Assets 2019: $158,8632019Assets 2020: $180,277Liabilities 2020: $0Net Assets 2020: $180,2772020Assets 2021: $168,072Liabilities 2021: $1,015Net Assets 2021: $167,0572021Assets 2022: $214,100Liabilities 2022: $1,039Net Assets 2022: $213,0612022Assets 2023: $171,970Liabilities 2023: $56Net Assets 2023: $171,9142023Assets 2024: $190,586Liabilities 2024: $1,253Net Assets 2024: $189,3332024Assets 2025: $217,991Liabilities 2025: $4,633Net Assets 2025: $213,3582025

Highlighted filing

2025

Assets$217,991
Liabilities$4,633
Net Assets$213,358

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$400K$200K$0-$200KRevenue 2011: $336,866Expenses 2011: $394,050Net Income 2011: -$57,1842011Revenue 2012: $285,270Expenses 2012: $295,423Net Income 2012: -$10,1532012Revenue 2013: $126,043Expenses 2013: $135,379Net Income 2013: -$9,3362013Revenue 2014: $123,317Expenses 2014: $147,323Net Income 2014: -$24,0062014Revenue 2015: $196,630Expenses 2015: $137,236Net Income 2015: $59,3942015Revenue 2017: $121,032Expenses 2017: $69,067Net Income 2017: $51,9652017Revenue 2018: $77,470Expenses 2018: $64,155Net Income 2018: $13,3152018Revenue 2019: $71,877Expenses 2019: $73,647Net Income 2019: -$1,7702019Revenue 2020: $58,730Expenses 2020: $37,316Net Income 2020: $21,4142020Revenue 2021: $23,466Expenses 2021: $36,686Net Income 2021: -$13,2202021Revenue 2022: $79,330Expenses 2022: $33,326Net Income 2022: $46,0042022Revenue 2023: $14,361Expenses 2023: $55,508Net Income 2023: -$41,1472023Revenue 2024: $65,487Expenses 2024: $48,067Net Income 2024: $17,4202024Revenue 2025: $57,986Expenses 2025: $33,961Net Income 2025: $24,0252025

Highlighted filing

2025

Revenue$57,986
Expenses$33,961
Net Income$24,025
Jump To
Filing Snapshot
Filing Period
Jul 1, 2024 to Jun 30, 2025
Signed
Feb 16, 2025
Return Version
2024v5.0
Gross Receipts
$85,303
Mission and Program Overview

Mission

The norwalk education foundation's mission is to provide support for whole student learning experiences and enrich teaching practices. This is accomplished by collaborating with community partners to fund programs that enhance student learning, promote student well-being, and expand teacher resources.

Program Services

DescriptionGrantsExpenses
COLLEGE READINESS - COLLEGE READINESS PROGRAMS HELP PREPARE NORWALK PUBLIC SCHOOL STUDENTS FOR COLLEGE SUCCESS THROUGH MENTORING, SAT PREPARATION, COLLEGE PLANNING AND ASSISTANCE WITH COLLEGE ESSAY WRITTING. COMMUNITY OUTREACH - THIS CATEGORY INCLUDES OTHER EDUCATION ADVOCACY COSTS AND PARTNERSHIP PROGRAMS.-$11,717
CLASSROOM GRANTS FOR EXCELLENCE - EACH YEAR, NEF AWARDS GRANTS FOR PROPOSALS IN ALL SUBJECT AREAS THAT FOSTER, AMONG OTHER CRITERIA, OVERALL VALUE AND CREATIVITY, COLLABORATING AMONG GRADES, CLASSES AND CULTURES, PARTNERSHIPS WITH PARENTS AND THE COMMUNITY, MEETING CURRICULUM OBJECTIVES, IMPROVING OPPORTUNITY AND ACHIVEMENT, A CLEARLY DEFINED EVALUATION PROCESS, LONG TERM SUSTAINABILITY, AND REPLICATION POTENTIAL FOR OTHER SCHOOLS.-$5,627
STUDENT LEARNING & WELL BEING - STUDENT LEARNING & WELL-BEING FOCUSES ON THE OVERALL WELLNESS OF THE STUDENTS BY PROVIDING ACTIVITIES FOCUSED ON THE MENTAL HEALTH AND FITNESS.-$1,885
EXCELLENCE IN EDUCATION AWARDS - THE EXCELLENCE IN EDUCATION AWARDS WERE LAUNCHED DURING FISCAL YEAR 2017. THE PROGRAM RECOGNIZES TEACHERS FROM NORWALK PUBLIC SCHOOLS FOR THEIR EXCELLENCE THROUGHOUT THE SCHOOL YEAR.-$1,253
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARGARET COSTAInt. Exec. DPT$10,718-$10,718
KELLEY HEFFERANCo-Treasurer-$0--
LINDA DUNSMORECo-Treasurer-$0--
KATHRYN DEKEMPADirector-$0--
ROZ MCCARTHYSecretary-$0--
RALPH VALENZISINps Represen-$0--
BARBARA CAFEROChairperson-$0--
MELINDA FOSCATODirector-$0--
DONNA BROWNDirector-$0--
JOE GIANDURCODirector-$0--
LOU BOUSSEAUDirector-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
5k Fundraising$64,933$64,933$14,724$50,209
Total Events$64,933$64,933$14,724$50,209
Filing and Contact Details

Filer

Filer Name
Norwalk Education Foundation Inc
EIN
06-1498087
Phone
2038544068
Address
125 EAST AVENUE THIRD FLOOR, NORWALK, CT 06851

Signing Officer

Name
Margaret Costa
Title
Int. Exec. Director
Phone
2038589822
Signed
2025-02-16

Preparer

Firm
Fiondella Milone & Lasaracina Llp
Address
55 NOD ROAD, AVON, CT 06001
Preparer
Eliot M Bassin
Phone
8606573651
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses supplies 811 dues and memberships 375 website 612 liability insurance 2,695 program costs 7,015 total 11,508

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 390 390 computers 5,346 5,346 less accumulated depreciation 5,346 5,346 total 390 390

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,253 4,633

Form 990-ez, Part III

The norwalk education foundation's mission is to provide support for whole student learning experiences and enrich teaching practices. This is accomplished by collaborating with community partners to fund programs that enhance student learning, promote student well-being, and expand teacher resources.

Form 990-ez, Part III, Line 28

Classroom grants for excellence - each year, nef awards grants for proposals in all subject areas that foster, among other criteria, overall value and creativity, collaborating among grades, classes and cultures, partnerships with parents and the community, meeting curriculum objectives, improving opportunity and achivement, a clearly defined evaluation process, long term sustainability, and replication potential for other schools.

Form 990-ez, Part III, Line 31

College readiness - college readiness programs help prepare norwalk public school students for college success through mentoring, sat preparation, college planning and assistance with college essay writting. Community outreach - this category includes other education advocacy costs and partnership programs.

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IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1EXCELLENCE IN EDUCATION AWARDS - THE EXCELLENCE IN EDUCATION AWARDS WERE LAUNCHED DURING FISCAL YEAR 2017. THE PROGRAM RECOGNIZES TEACHERS FROM NORWALK PUBLIC SCHOOLS FOR THEIR EXCELLENCE THROUGHOUT THE SCHOOL YEAR.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2STUDENT LEARNING & WELL BEING - STUDENT LEARNING & WELL-BEING FOCUSES ON THE OVERALL WELLNESS OF THE STUDENTS BY PROVIDING ACTIVITIES FOCUSED ON THE MENTAL HEALTH AND FITNESS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt3COLLEGE READINESS - COLLEGE READINESS PROGRAMS HELP PREPARE NORWALK PUBLIC SCHOOL STUDENTS FOR COLLEGE SUCCESS THROUGH MENTORING, SAT PREPARATION, COLLEGE PLANNING AND ASSISTANCE WITH COLLEGE ESSAY WRITTING. COMMUNITY OUTREACH - THIS CATEGORY INCLUDES OTHER EDUCATION ADVOCACY COSTS AND PARTNERSHIP PROGRAMS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES SUPPLIES 811 DUES AND MEMBERSHIPS 375 WEBSITE 612 LIABILITY INSURANCE 2,695 PROGRAM COSTS 7,015 TOTAL 11,508
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 390 390 COMPUTERS 5,346 5,346 LESS ACCUMULATED DEPRECIATION 5,346 5,346 TOTAL 390 390
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,253 4,633
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE NORWALK EDUCATION FOUNDATION'S MISSION IS TO PROVIDE SUPPORT FOR WHOLE STUDENT LEARNING EXPERIENCES AND ENRICH TEACHING PRACTICES. THIS IS ACCOMPLISHED BY COLLABORATING WITH COMMUNITY PARTNERS TO FUND PROGRAMS THAT ENHANCE STUDENT LEARNING, PROMOTE STUDENT WELL-BEING, AND EXPAND TEACHER RESOURCES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CLASSROOM GRANTS FOR EXCELLENCE - EACH YEAR, NEF AWARDS GRANTS FOR PROPOSALS IN ALL SUBJECT AREAS THAT FOSTER, AMONG OTHER CRITERIA, OVERALL VALUE AND CREATIVITY, COLLABORATING AMONG GRADES, CLASSES AND CULTURES, PARTNERSHIPS WITH PARENTS AND THE COMMUNITY, MEETING CURRICULUM OBJECTIVES, IMPROVING OPPORTUNITY AND ACHIVEMENT, A CLEARLY DEFINED EVALUATION PROCESS, LONG TERM SUSTAINABILITY, AND REPLICATION POTENTIAL FOR OTHER SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COLLEGE READINESS - COLLEGE READINESS PROGRAMS HELP PREPARE NORWALK PUBLIC SCHOOL STUDENTS FOR COLLEGE SUCCESS THROUGH MENTORING, SAT PREPARATION, COLLEGE PLANNING AND ASSISTANCE WITH COLLEGE ESSAY WRITTING. COMMUNITY OUTREACH - THIS CATEGORY INCLUDES OTHER EDUCATION ADVOCACY COSTS AND PARTNERSHIP PROGRAMS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III, LINE 28
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MARGARET COSTA
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0INT. EXEC. DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02038589822
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-02-16
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NORWALK EDUCATION FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0NORW
ReturnHeader/Filer/EIN0061498087
ReturnHeader/Filer/PhoneNum02038544068
ReturnHeader/Filer/USAddress/AddressLine1Txt0125 EAST AVENUE THIRD FLOOR
ReturnHeader/Filer/USAddress/CityNm0NORWALK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006851
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061648707
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FIONDELLA MILONE & LASARACINA LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt055 NOD ROAD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0AVON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006001
ReturnHeader/PreparerPersonGrp/PhoneNum08606573651
ReturnHeader/PreparerPersonGrp/PreparationDt02026-02-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ELIOT M BASSIN
ReturnHeader/ReturnTs02026-02-17T12:12:25-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-07-01
ReturnHeader/TaxPeriodEndDt02025-06-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$2.18$0.05$2.13$0.58$0.34$0.24
2024Detailed filing. Detailed filing data is available for this year.$1.91$0.01$1.89$0.65$0.48$0.17
2023Detailed filing. Detailed filing data is available for this year.$1.72$0.00$1.72$0.14$0.56$0.41
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.14$0.01$2.13$0.79$0.33$0.46
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.68$0.01$1.67$0.23$0.37$0.13
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$0.00$1.80$0.59$0.37$0.21
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.89$0.30$1.59$0.72$0.74$0.02
2018Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$1.91$0.30$1.61$0.77$0.64$0.13
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.49$0.02$1.47$1.21$0.69$0.52
2015Summary only. Only limited summary data is available for this year.$1.00$0.07$0.93$1.97$1.37$0.59
2014Summary only. Only limited summary data is available for this year.$0.41$0.07$1.23$1.47$0.24
2013Summary only. Only limited summary data is available for this year.$0.75$0.25$1.26$1.35$0.09
2012Summary only. Only limited summary data is available for this year.$1.11$0.52$0.59$2.85$2.95$0.10
2011Summary only. Only limited summary data is available for this year.$1.65$0.96$0.69$3.37$3.94$0.57