Civic Intelligence

Greater East Hampton Education Foundation Inc.

990 • Fiscal year 2020 • EIN 20-0891475

Sep 01, 2019 to Aug 31, 2020 • Filed on Jan 15, 2021

PO Box 4175East Hampton, NY 11937

(631) 329-6462

Siviq Scores

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

Liabilities / Assets

76th percentile

0.00x

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

2020 filings • NTEE B11 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

75th percentile

0.00x

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

2020 filings • NTEE B11 • <$500k nonprofits • Source year 2020

Net Margin

25th percentile

-25%

Higher net margin than 25% of similar nonprofits.

2020 filings • NTEE B11 • <$500k nonprofits • Source year 2020

Top Officer Pay

97th percentile

$0

Higher top officer pay than 97% of similar nonprofits.

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

2020 filings • NTEE B11 • <$500k nonprofits • Source year 2020

Asset Growth

39th percentile

-3.2%

Faster asset growth than 39% of similar nonprofits.

2020 filings • NTEE B11 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

21st percentile

-65%

Faster revenue growth than 21% of similar nonprofits.

2020 filings • NTEE B11 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Down

$424,380

Down $14,153 (-3.2%) from 2019

Net Assets

Down

$424,380

Down $14,153 (-3.2%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$77,313

Down $142,274 (-65%) from 2019

Expenses

Down

$96,840

Down $15,491 (-14%) from 2019

Net Income

Down

-$19,527

Down $126,783 (-118%) from 2019

Historical Trend

Balance Sheet Trend

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

$800K$600K$400K$200K$0Assets 2011: $234,437Liabilities 2011: $02011Assets 2012: $256,244Liabilities 2012: $02012Assets 2013: $262,234Liabilities 2013: $02013Assets 2014: $255,620Liabilities 2014: $02014Assets 2015: $303,264Liabilities 2015: $02015Assets 2016: $342,762Liabilities 2016: $02016Assets 2017: $351,989Liabilities 2017: $02017Assets 2018: $331,277Net Assets 2018: $331,2772018Assets 2019: $438,533Liabilities 2019: $0Net Assets 2019: $438,5332019Assets 2020: $424,380Liabilities 2020: $0Net Assets 2020: $424,3802020Assets 2021: $465,060Liabilities 2021: $0Net Assets 2021: $465,0602021Assets 2022: $526,929Liabilities 2022: $0Net Assets 2022: $526,9292022Assets 2023: $592,589Liabilities 2023: $0Net Assets 2023: $592,5892023Assets 2024: $626,603Liabilities 2024: $0Net Assets 2024: $626,6032024Assets 2025: $662,593Liabilities 2025: $0Net Assets 2025: $662,5932025

Highlighted filing

2020

Assets$424,380
Liabilities$0
Net Assets$424,380

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $88,026Expenses 2011: $59,564Net Income 2011: $28,4622011Revenue 2012: $81,988Expenses 2012: $60,181Net Income 2012: $21,8072012Revenue 2013: $76,123Expenses 2013: $70,133Net Income 2013: $5,9902013Revenue 2014: $90,817Expenses 2014: $97,431Net Income 2014: -$6,6142014Revenue 2015: $120,087Expenses 2015: $65,199Net Income 2015: $54,8882015Revenue 2016: $119,298Expenses 2016: $82,356Net Income 2016: $36,9422016Revenue 2017: $109,246Expenses 2017: $104,817Net Income 2017: $4,4292017Revenue 2018: $92,031Expenses 2018: $110,235Net Income 2018: -$18,2042018Revenue 2019: $219,587Expenses 2019: $112,331Net Income 2019: $107,2562019Revenue 2020: $77,313Expenses 2020: $96,840Net Income 2020: -$19,5272020Revenue 2021: $124,626Expenses 2021: $89,391Net Income 2021: $35,2352021Revenue 2022: $222,205Expenses 2022: $131,706Net Income 2022: $90,4992022Revenue 2023: $123,474Expenses 2023: $62,491Net Income 2023: $60,9832023Revenue 2024: $126,178Expenses 2024: $99,636Net Income 2024: $26,5422024Revenue 2025: $112,926Expenses 2025: $81,968Net Income 2025: $30,9582025

Highlighted filing

2020

Revenue$77,313
Expenses$96,840
Net Income-$19,527
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jan 15, 2021
Return Version
2019v5.0
Gross Receipts
$97,334
Mission and Program Overview

Mission

The purpose is to support, foster and advance the educational programs of the school districts and surrounding community within the town of east hampton and to improve the quality of education of the community's children and adolescents. To provide monies to foster and encourage academic excellence and scholastic achievement. To facilitate innovative education and welfare programs for the benefit of the students and young adults in the community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$256,150$263,101▲ $6,951
Cash and Non-Interest-Bearing Accounts$182,383$161,279▼ $21,104
Total Assets$438,533$424,380▼ $14,153
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$438,533$424,380▼ $14,153
Total Net Assets Fund Balance$438,533$424,380▼ $14,153
Total Liabilities and Net Assets / Fund Balance$438,533$424,380▼ $14,153

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$347,968-▲ $15,806$300$359,974
2018$251,844$137,793▲ $7,314$45,483$347,968
2017$247,723$46,313▲ $7,889$49,081$251,844
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$57,492
Program Service Revenue
$0
Investment Income
$10,667
Other Revenue
$9,154
All Other Contributions
$57,137
Change in Net Assets
$-19,527
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$96,840
Total Fundraising Expense$3,997
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
All Other Expenses$17,413$125-$17,538
Other Expenses$8,238--$8,238
Information Technology--$2,607$2,607
Insurance-$2,255-$2,255
Advertising-$1,024$1,105$2,129
Office Expenses$36$929$285$1,250
Fees for Services Accounting-$750-$750
Fees for Services Other-$396-$396
Total Functional Expenses$87,364$5,479$3,997$96,840
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$20,915
Fundraising Direct Expenses$15,964
Gaming Gross Income$8,260
Gaming Direct Expenses$4,057
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$20,915$20,915$14,764$6,151
Total Events$20,915$20,915$15,964$4,951
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
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Greater East Hampton Education
EIN
20-0891475
Phone
6313296462
Address
PO BOX 4175, EAST HAMPTON, NY 11937

Signing Officer

Name
Nancy Mcmullan
Title
President
Phone
6313296462
Signed
2021-01-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Nancy Mcmullan
Voting Board Members
12
Independent Board Members
12
Employees
0

Preparer

Firm
Mirras Jacoby Levine & Hatgistavrou I
Address
PO BOX 504, WAINSCOTT, NY 11975
Preparer
Cathy K Hatgistavrou CPA
Phone
6317257798
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The purpose is to support, foster and advance the educational programs of the school districts and surrounding community within the town of east hampton and to improve the quality of education of the community's children and adolescents. To provide monies to foster and encourage academic excellence and scholastic achievement. To facilitate innovative education and welfare programs for the benefit of the students and young adults in the community.

Form 990, Part IX, Line 24E

Student scholarships 7,150 0 0 art project bags 5,263 0 0 history programming 5,000 0 0 state filing fee 0 125 0 total 17,413 125 0

Form 990, Part XI, Line 9

Change in market value of investments 5,374 change in market value of investments 0 total 5,374

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IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt041833
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0210954
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt08260
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt08020
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus2YearsAmt04620
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt05020
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus4YearsAmt02501
IRS990ScheduleA/OtherIncome170Grp/TotalAmt028421
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.84420
IRS990ScheduleA/PublicSupportPY170Pct00.87950
IRS990ScheduleA/PublicSupportTotal170Amt0380712
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt057492
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0118328
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt046875
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt078990
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt079027
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0380712
IRS990ScheduleA/TotalSupportAmt0450966
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.60000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0347968
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0359974
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt03500
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt015806
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt0300
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0251844
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0137793
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0347968
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt03500
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07314
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt045483
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0247723
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt046313
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0251844
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/GrantsOrScholarshipsAmt01000
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07889
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt049081
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.25000
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.15000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt015964
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt020915
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt020915
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt020915
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt020915
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt04951
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt01200
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt01200
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt014764
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt014764
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE PURPOSE IS TO SUPPORT, FOSTER AND ADVANCE THE EDUCATIONAL PROGRAMS OF THE SCHOOL DISTRICTS AND SURROUNDING COMMUNITY WITHIN THE TOWN OF EAST HAMPTON AND TO IMPROVE THE QUALITY OF EDUCATION OF THE COMMUNITY'S CHILDREN AND ADOLESCENTS. TO PROVIDE MONIES TO FOSTER AND ENCOURAGE ACADEMIC EXCELLENCE AND SCHOLASTIC ACHIEVEMENT. TO FACILITATE INNOVATIVE EDUCATION AND WELFARE PROGRAMS FOR THE BENEFIT OF THE STUDENTS AND YOUNG ADULTS IN THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3STUDENT SCHOLARSHIPS 7,150 0 0 ART PROJECT BAGS 5,263 0 0 HISTORY PROGRAMMING 5,000 0 0 STATE FILING FEE 0 125 0 TOTAL 17,413 125 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CHANGE IN MARKET VALUE OF INVESTMENTS 5,374 CHANGE IN MARKET VALUE OF INVESTMENTS 0 TOTAL 5,374
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0438533
IRS990/TotalAssetsEOYAmt0424380
IRS990/TotalAssetsGrp/BOYAmt0438533
IRS990/TotalAssetsGrp/EOYAmt0424380
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt057492
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt03997
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt05479
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt087364
IRS990/TotalFunctionalExpensesGrp/TotalAmt096840
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0438533
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0424380
IRS990/TotalProgramServiceExpensesAmt087364
IRS990/TotalRevenueGrp/ExclusionAmt013627
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt01243
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt077313
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0438533
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0424380
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 4175
IRS990/USAddress/CityNm0EAST HAMPTON
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011937
IRS990/VotingMembersGoverningBodyCnt012
IRS990/VotingMembersIndependentCnt012
IRS990/WebsiteAddressTxt0GEHEF.ORG
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0NANCY MCMULLAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06313296462
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GREATER EAST HAMPTON EDUCATION
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0200891475
ReturnHeader/Filer/PhoneNum06313296462
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 4175
ReturnHeader/Filer/USAddress/CityNm0EAST HAMPTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011937
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0832395198
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0MIRRAS JACOBY LEVINE & HATGISTAVROU I
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 504
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WAINSCOTT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011975
ReturnHeader/PreparerPersonGrp/PhoneNum06317257798
ReturnHeader/PreparerPersonGrp/PreparationDt02021-01-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0CATHY K HATGISTAVROU CPA
ReturnHeader/ReturnTs02021-01-15T14:04:09-06:00
ReturnHeader/ReturnTypeCd0990

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.63$0.00$6.63$1.13$0.82$0.31
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.27$0.00$6.27$1.26$1.00$0.27
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.93$0.00$5.93$1.23$0.62$0.61
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.27$0.00$5.27$2.22$1.32$0.90
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.65$0.00$4.65$1.25$0.89$0.35
2020Detailed filing. Detailed filing data is available for this year.$4.24$0.00$4.24$0.77$0.97$0.20
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.39$0.00$4.39$2.20$1.12$1.07
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.31$3.31$0.92$1.10$0.18
2017Summary only. Only limited summary data is available for this year.$3.52$0.00$1.09$1.05$0.04
2016Summary only. Only limited summary data is available for this year.$3.43$0.00$1.19$0.82$0.37
2015Summary only. Only limited summary data is available for this year.$3.03$0.00$1.20$0.65$0.55
2014Summary only. Only limited summary data is available for this year.$2.56$0.00$0.91$0.97$0.07
2013Summary only. Only limited summary data is available for this year.$2.62$0.00$0.76$0.70$0.06
2012Summary only. Only limited summary data is available for this year.$2.56$0.00$0.82$0.60$0.22
2011Summary only. Only limited summary data is available for this year.$2.34$0.00$0.88$0.60$0.28