Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
EIN 20-8879908 • 501(c)3 • Guilford, CT
Profile
The guilford fund for education inc. Provides financial support to public and private tax exempt educational organizations for projects, programs and initiatives that foster innovation and excellence in education for all students residing in guilford, ct.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
27th percentile
Higher net margin than 27% of similar nonprofits.
Top Officer Pay
84th percentile
Higher top officer pay than 84% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
48th percentile
Faster asset growth than 48% of similar nonprofits.
Revenue Growth
93rd percentile
Faster revenue growth than 93% of similar nonprofits.
Assets
Down$400,581
Down $12,023 (-2.9%) from 2022
Liabilities
-
No earlier filing loaded for comparison.
Net Assets
Down$400,581
Down $12,023 (-2.9%) from 2022
Revenue
Up$88,214
Up $47,390 (+116%) from 2022
Expenses
Down$100,237
Down $19,723 (-16%) from 2022
Net Income
Up-$12,023
Up $67,113 (+85%) from 2022
Most recent year
2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The guilford fund for education inc. Provides financial support to public and private tax exempt educational organizations for projects, programs and initiatives that foster innovation and excellence in education for all students residing in guilford, ct.
Provide funds to finance education opportunities outside the regular scope of the operating budgets of the applying agency
| Description | Grants | Expenses |
|---|---|---|
| CNC Laser Grant to Guilford High School. The CNC Laser Grant will fund a CAMFive C02 laser cutter to be used as a resource for the students at Guilford High School. By interacting with this new technology students will be able to become excited about education and be able to design creatively without being limited by technology. | $24,931 | $24,931 |
| Project Ascent at Calvin Leete Elementary School. Project Ascent is a multifaceted climbing initiative designed to improve physical and mental capabilities in a fun and challenging environment. The initiative features a multifaceted kinesthetic discovery center complete with climbing ropes pullup bar cargo net climbing wall and TRX bands. The rock climbing wall is a 10ft x 20ft dynamic movement center complete with moveable handholds and challenges for students of varying abilities. | $12,460 | $12,460 |
| Digital Music Production STEM grant to Guilford High School.With this new course created by the GHS Music Department and the equipment funded by the GFFE grant students will experience music production in the digital age. The course is offered to all students but will appeal specifically to those who choose to be behind the scenes rather than on stage performing music. Students will learn how a song is written recorded and produced with equipment used in the music industry. Students will learn recording techniques live concert sound production and DJ mixing technology. | $9,423 | $9,423 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| NiCole Schlagheck | Chair | PT | $0 | - | - |
| Andrew Corpuel | Treasurer | PT | $0 | - | - |
| Meg Teape | Secretary | PT | $0 | - | - |
| Holly Clune | Member | - | $0 | - | - |
| Lauren Dennehy | Member | - | $0 | - | - |
| Banu Ozkanzanc Pan | Member | - | $0 | - | - |
| Jennifer Labbadia-Conlon | Member | PT | $0 | - | - |
| Liz Stein | Member | - | $0 | - | - |
| Emily Perillo | Member | - | $0 | - | - |
| Allison Franks | Member | - | $0 | - | - |
| Julie Fitzpatrick | Member | - | $0 | - | - |
| Katie Jones | Member | - | $0 | - | - |
| Veena Kapadia | Member | - | $0 | - | - |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Spelling Bee | $11,042 | $0 | $1,508 | $-1,508 |
| Total Events | $11,042 | $0 | $1,508 | $-1,508 |
“| Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:| Support educational and cultural activities outside the normal scope of the budget, Guilford Public School, "55 Park Street Guilford CT. 06437", $67784.00, None| support educational and cultural actives outside the scope of the organizations budget, Guilford Performing Arts, "85 Church Street Guilford CT. 06437", $7600.00, None| grant to support educational and cultural activities outside the scope of the organizations budget, North Guilford Nursery School, "169 Ledge Hill Rd Guilford Ct 06437", $983.00, None| support educational and cultural activities outside the scope of the organizations budget, Community Nursery School, "262 Sachem Head Rd Guilford CT. 06437", $960.00, None| Scholarship, grantee, "given to two graduation seniors in the community", $4000.00, No Relationship| donation to Project Graduation, Project Graduation, "Guilford CT", $200.00, None|”
“| Other Expenses:, Amount:| bank charges and fees for PayPal Wix Square, $1170.00| insurance, $433.00| Marketing and Publicity, $3679.00| Technology expenses $212 Quickbooks expense $600 tax filing fee $101, $921.00| miscellaneous costs, $216.00| investment expenses, $2088.00| Kids Spelling Bee, $150.00|”
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/PersonNm | 3 | Holly Clune |
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| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Provide funds to finance education opportunities outside the regular scope of the operating budgets of the applying agency |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 30 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | CNC Laser Grant to Guilford High School. The CNC Laser Grant will fund a CAMFive C02 laser cutter to be used as a resource for the students at Guilford High School. By interacting with this new technology students will be able to become excited about education and be able to design creatively without being limited by technology. |
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| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 2 | Digital Music Production STEM grant to Guilford High School.With this new course created by the GHS Music Department and the equipment funded by the GFFE grant students will experience music production in the digital age. The course is offered to all students but will appeal specifically to those who choose to be behind the scenes rather than on stage performing music. Students will learn how a song is written recorded and produced with equipment used in the music industry. Students will learn recording techniques live concert sound production and DJ mixing technology. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 24931 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 1 | 12460 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 2 | 9423 |
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| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus1YearAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 54276 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 31351 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 34110 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 13476 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 24241 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 157454 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 91363 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 40823 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 43695 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 13476 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 24241 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 213598 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 11042 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 11042 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 1508 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | Spelling Bee |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 11042 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 11042 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -1508 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 1508 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 1508 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | | Activity:, Grantee Name:, Grantee Address:, Amount:, Relationship:| Support educational and cultural activities outside the normal scope of the budget, Guilford Public School, "55 Park Street Guilford CT. 06437", $67784.00, None| support educational and cultural actives outside the scope of the organizations budget, Guilford Performing Arts, "85 Church Street Guilford CT. 06437", $7600.00, None| grant to support educational and cultural activities outside the scope of the organizations budget, North Guilford Nursery School, "169 Ledge Hill Rd Guilford Ct 06437", $983.00, None| support educational and cultural activities outside the scope of the organizations budget, Community Nursery School, "262 Sachem Head Rd Guilford CT. 06437", $960.00, None| Scholarship, grantee, "given to two graduation seniors in the community", $4000.00, No Relationship| donation to Project Graduation, Project Graduation, "Guilford CT", $200.00, None| |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | | Other Expenses:, Amount:| bank charges and fees for PayPal Wix Square, $1170.00| insurance, $433.00| Marketing and Publicity, $3679.00| Technology expenses $212 Quickbooks expense $600 tax filing fee $101, $921.00| miscellaneous costs, $216.00| investment expenses, $2088.00| Kids Spelling Bee, $150.00| |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part I, line 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Part I, line 16 |
| ReturnHeader/BuildTS | 0 | 2023-04-26 12:10:37Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Andrew Corpuel |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2023-11-14 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | GUILFORD FUND FOR EDUCATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | GUIL |
| ReturnHeader/Filer/EIN | 0 | 208879908 |
| ReturnHeader/Filer/ForeignPhoneNum | 0 | 2038485054 |
| ReturnHeader/Filer/InCareOfNm | 0 | % Veena Kapadia |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 800 VILLAGE WALK 269 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | GUILFORD |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | CT |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 064372762 |
| ReturnHeader/ReturnTs | 0 | 2023-11-14T06:07:46-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2022-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-06-30 |
| ReturnHeader/TaxYr | 0 | 2022 |
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