Civic Intelligence

Ridgewood Public Education Foundation

990 • Fiscal year 2016 • EIN 22-3037300

Jan 01, 2016 to Dec 31, 2016 • Filed on Jun 22, 2017

49 Cottage PlaceRidgewood, NJ 07450

(201) 652-2903

Siviq Scores

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

Liabilities / Assets

65th percentile

0.00x

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

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Liabilities / Revenue

65th percentile

0.00x

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

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Net Margin

26th percentile

-8.8%

Higher net margin than 26% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

2016 filings • NTEE B • <$500k nonprofits • Source year 2016

Asset Growth

37th percentile

-2.2%

Faster asset growth than 37% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

65th percentile

14%

Faster revenue growth than 65% of similar nonprofits.

2016 filings • NTEE B • <$500k nonprofits • Annualized from 2015 to 2016

Assets

Down

$313,038

Down $6,932 (-2.2%) from 2015

Net Assets

Down

$313,038

Down $6,932 (-2.2%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$133,590

Up $16,447 (+14%) from 2015

Expenses

Down

$145,282

Down $20,640 (-12%) from 2015

Net Income

Up

-$11,692

Up $37,087 (+76%) from 2015

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2011: $400,469Liabilities 2011: $1,840Net Assets 2011: $398,6292011Assets 2012: $438,182Liabilities 2012: $0Net Assets 2012: $438,1822012Assets 2013: $350,396Liabilities 2013: $0Net Assets 2013: $350,3962013Assets 2014: $377,887Liabilities 2014: $0Net Assets 2014: $377,8872014Assets 2015: $319,970Liabilities 2015: $0Net Assets 2015: $319,9702015Assets 2016: $313,038Liabilities 2016: $0Net Assets 2016: $313,0382016Assets 2017: $289,675Liabilities 2017: $0Net Assets 2017: $289,6752017Assets 2018: $298,740Liabilities 2018: $0Net Assets 2018: $298,7402018Assets 2019: $290,297Liabilities 2019: $0Net Assets 2019: $290,2972019Assets 2020: $322,180Liabilities 2020: $0Net Assets 2020: $322,1802020Assets 2021: $348,391Liabilities 2021: $0Net Assets 2021: $348,3912021Assets 2022: $366,291Liabilities 2022: $0Net Assets 2022: $366,2912022Assets 2023: $359,490Liabilities 2023: $0Net Assets 2023: $359,4902023Assets 2024: $445,723Liabilities 2024: $0Net Assets 2024: $445,7232024Assets 2025: $452,899Liabilities 2025: $0Net Assets 2025: $452,8992025

Highlighted filing

2016

Assets$313,038
Liabilities$0
Net Assets$313,038

Operations Trend

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

$200K$100K$0-$100K-$200KExpenses 2011: $72,5072011Expenses 2012: $37,2662012Revenue 2013: $29,025Expenses 2013: $134,321Net Income 2013: -$105,2962013Revenue 2014: $175,397Expenses 2014: $141,745Net Income 2014: $33,6522014Revenue 2015: $117,143Expenses 2015: $165,922Net Income 2015: -$48,7792015Revenue 2016: $133,590Expenses 2016: $145,282Net Income 2016: -$11,6922016Revenue 2017: $93,837Expenses 2017: $128,621Net Income 2017: -$34,7842017Revenue 2018: $95,573Expenses 2018: $75,119Net Income 2018: $20,4542018Revenue 2019: $56,339Expenses 2019: $84,372Net Income 2019: -$28,0332019Revenue 2020: $24,219Expenses 2020: $7,167Net Income 2020: $17,0522020Revenue 2021: $28,155Expenses 2021: $3,268Net Income 2021: $24,8872021Revenue 2022: $66,107Expenses 2022: $9,406Net Income 2022: $56,7012022Revenue 2023: $26,758Expenses 2023: $46,639Net Income 2023: -$19,8812023Revenue 2024: $93,473Expenses 2024: $8,335Net Income 2024: $85,1382024Revenue 2025: $24,011Expenses 2025: $31,967Net Income 2025: -$7,9562025

Highlighted filing

2016

Revenue$133,590
Expenses$145,282
Net Income-$11,692
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jun 22, 2017
Return Version
2016v3.0
Gross Receipts
$176,509
Mission and Program Overview

Mission

To enhance educational excellence in ridgewood, and to provide grant funds to ridgewood public schools.

To provide grant funds to ridgewood public schools.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$274,780$261,661▼ $13,119
Cash and Non-Interest-Bearing Accounts$45,190$51,377▲ $6,187
Total Assets$319,970$313,038▼ $6,932
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$319,970$313,038▼ $6,932
Total Net Assets Fund Balance$319,970$313,038▼ $6,932
Total Liabilities and Net Assets / Fund Balance$319,970$313,038▼ $6,932

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$129,052--
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$66,966
Program Service Revenue
$0
Investment Income
$6,723
Other Revenue
$59,901
All Other Contributions
$66,966
Change in Net Assets
$-11,692
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$135,548
Other Expenses$9,734
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$135,548--$135,548
Fees for Services Accounting-$1,650-$1,650
Insurance-$1,181-$1,181
All Other Expenses-$1,033-$1,033
Other Expenses-$534-$534
Office Expenses-$180-$180
Total Functional Expenses$135,548$9,734$0$145,282
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ridgewood Board of EducationRidgewood, NJ-For Various Needs Among the Ridgewood Schools.$134,548
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$78,378
Fundraising Direct Expenses$18,881
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Octoberfest Fundraiser$78,378$78,378$18,881$59,497
Total Events$78,378$78,378$29,339$49,039
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 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
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 board members review form 990 and once agreed, mail the signed form to the irs.

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

The conflict of interest policy is reviewed annually and monitored by the board.

Form 990, Part VI, Section C, Line 18

Form 1023 and 990 tax returns are available for public inspection upon request.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Ridgewood Public Education Foundation
EIN
22-3037300
Phone
2016522903
Address
49 COTTAGE PLACE, RIDGEWOOD, NJ 07450

Signing Officer

Name
Linda Hannafey
Title
Treasurer
Phone
2016522903
Signed
2017-06-22
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Linda Hannafey
Formed
1990
Legal Domicile
Nj
Voting Board Members
19
Independent Board Members
19
Employees
0
Volunteers
20

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
300 TICE BOULEVARD, WOODCLIFF LAKE, NJ 07677
Preparer
Linda Murphy
Phone
2017129800
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IRS990/OtherExpensesGrp/TotalAmt11743
IRS990/OtherExpensesGrp/TotalAmt2660
IRS990/OtherExpensesGrp/TotalAmt3534
IRS990/OtherOrganizationDsc0FOUNDATION
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/Desc0CAPITAL GAIN DISTRIBUT
IRS990/OtherRevenueMiscGrp/ExclusionAmt0404
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0404
IRS990/OtherRevenueTotalAmt0404
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0LINDA HANNAFEY
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0GRANTS FOR THE RIDGEWOOD HIGH SCHOOL 1 TO 1 INITIATIVE
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt050000
IRS990/ProgSrvcAccomActy2Grp/GrantAmt050000
IRS990/ProgSrvcAccomActy3Grp/Desc0GRANTS FOR THE TEEN LEADS PROGRAM FOR THE RIDGEWOOD HIGH SCHOOL
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt010848
IRS990/ProgSrvcAccomActy3Grp/GrantAmt010848
IRS990/ProgSrvcAccomActyOtherGrp/Desc0TO PROVIDE FUNDS FOR THE LIBRARY FILM FESTIVAL AND RIDGEWOOD HIGH SCHOOL COLLEGE SPEAKER SERIES.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt012200
IRS990/ProgSrvcAccomActyOtherGrp/GrantAmt012200
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0106058
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0149899
IRS990/PYInvestmentIncomeAmt09741
IRS990/PYOtherExpensesAmt016023
IRS990/PYOtherRevenueAmt01344
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0-48779
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0165922
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0117143
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-11692
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0145344
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0106058
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0197709
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt020567
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt037450
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0507128
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt05761
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt06294
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt05843
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt07291
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt06403
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt031592
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt02000
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.94140
IRS990ScheduleA/PublicSupportPY170Pct00.91890
IRS990ScheduleA/PublicSupportTotal170Amt0507128
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0145344
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0106058
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0197709
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt020567
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt037450
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0507128
IRS990ScheduleA/TotalSupportAmt0538720
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0132609
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1129052
IRS990ScheduleD/OtherSecuritiesGrp/Desc0VANGUARD SHORT TERM
IRS990ScheduleD/OtherSecuritiesGrp/Desc1VANGUARD LONG TERM
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueSecuritiesAmt0261661
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt029339
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt01000
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt01000
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0OCTOBERFEST FUNDRAISER
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt09458
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt09458
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt078378
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt078378
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt078378
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt078378
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt049039
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt018881
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt018881
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/RecipientTable/CashGrantAmt0134548
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0FOR VARIOUS NEEDS AMONG THE RIDGEWOOD SCHOOLS.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0RIDGEWOOD BOARD OF EDUCATION
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt049 COTTAGE PLACE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0RIDGEWOOD
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd007450
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0ALL RELATIVE DOCUMENTATION IS RETAINED REGARDING THE DISBURSEMENTS OF ASSISTANCE TO INDIVIDUALS AND TO RIDGEWOOD PUBLIC SCHOOLS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEFLE I, PART I, LINE 2
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD MEMBERS REVIEW FORM 990 AND ONCE AGREED, MAIL THE SIGNED FORM TO THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY AND MONITORED BY THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FORM 1023 AND 990 TAX RETURNS ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 18

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$4.53$0.00$4.53$0.24$0.32$0.08
2024Detailed filing. Detailed filing data is available for this year.$4.46$0.00$4.46$0.93$0.08$0.85
2023Detailed filing. Detailed filing data is available for this year.$3.59$0.00$3.59$0.27$0.47$0.20
2022Detailed filing. Detailed filing data is available for this year.$3.66$0.00$3.66$0.66$0.09$0.57
2021Detailed filing. Detailed filing data is available for this year.$3.48$0.00$3.48$0.28$0.03$0.25
2020Detailed filing. Detailed filing data is available for this year.$3.22$0.00$3.22$0.24$0.07$0.17
2019Detailed filing. Detailed filing data is available for this year.$2.90$0.00$2.90$0.56$0.84$0.28
2018Detailed filing. Detailed filing data is available for this year.$2.99$0.00$2.99$0.96$0.75$0.20
2017Detailed filing. Detailed filing data is available for this year.$2.90$0.00$2.90$0.94$1.29$0.35
2016Detailed filing. Detailed filing data is available for this year.$3.13$0.00$3.13$1.34$1.45$0.12
2015Detailed filing. Detailed filing data is available for this year.$3.20$0.00$3.20$1.17$1.66$0.49
2014Detailed filing. Detailed filing data is available for this year.$3.78$0.00$3.78$1.75$1.42$0.34
2013Detailed filing. Detailed filing data is available for this year.$3.50$0.00$3.50$0.29$1.34$1.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.38$0.00$4.38$0.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.00$0.02$3.99$0.73