Civic Intelligence

Rochester Education Foundation Inc

EIN 27-0132133 • 501(c)3 • Rochester, NY

Profile

The Rochester Education Foundation is an independent organization whose mission is to provide programs and resources to improve learning and success for all Rochester city school students through partnerships with educators, businesses and the community.

250 Mill StreetRochester, NY 14614

www.rochestereducation.org

Siviq Scores

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

Liabilities / Assets

38th percentile

0.00x

Higher debt load relative to assets than 38% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

39th percentile

0.00x

Higher debt load relative to revenue than 39% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Net Margin

65th percentile

13%

Higher net margin than 65% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

50th percentile

3.4%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

25th percentile

-9.4%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$844,419

Up $280,088 (+50%) from 2023

Liabilities

Up

$215,776

Up $210,659 (+4117%) from 2023

Net Assets

Up

$628,643

Up $69,429 (+12%) from 2023

Revenue

Up

$865,440

Up $662,877 (+327%) from 2023

Expenses

Up

$796,011

Up $506,659 (+175%) from 2023

Net Income

Up

$69,429

Up $156,218 (+180%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2013: $351,952Liabilities 2013: $108,715Net Assets 2013: $243,2372013Assets 2014: $418,529Liabilities 2014: $124,099Net Assets 2014: $294,4302014Assets 2015: $386,343Liabilities 2015: $100,783Net Assets 2015: $285,5602015Assets 2016: $414,516Liabilities 2016: $134,756Net Assets 2016: $279,7602016Assets 2017: $274,846Liabilities 2017: $6,773Net Assets 2017: $268,0732017Assets 2018: $300,632Liabilities 2018: $2,839Net Assets 2018: $297,7932018Assets 2019: $339,162Liabilities 2019: $7,990Net Assets 2019: $331,1722019Assets 2020: $434,334Liabilities 2020: $3,430Net Assets 2020: $430,9042020Assets 2021: $626,047Liabilities 2021: $5,931Net Assets 2021: $620,1162021Assets 2022: $647,078Liabilities 2022: $1,570Net Assets 2022: $645,5082022Assets 2023: $564,331Liabilities 2023: $5,117Net Assets 2023: $559,2142023Assets 2024: $844,419Liabilities 2024: $215,776Net Assets 2024: $628,6432024

Highlighted filing

2024

Assets$844,419
Liabilities$215,776
Net Assets$628,643

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2013: $451,543Expenses 2013: $288,443Net Income 2013: $163,1002013Revenue 2014: $486,094Expenses 2014: $437,668Net Income 2014: $48,4262014Revenue 2015: $479,453Expenses 2015: $484,027Net Income 2015: -$4,5742015Revenue 2016: $453,195Expenses 2016: $463,841Net Income 2016: -$10,6462016Revenue 2017: $438,776Expenses 2017: $461,143Net Income 2017: -$22,3672017Revenue 2018: $379,340Expenses 2018: $343,484Net Income 2018: $35,8562018Revenue 2019: $397,212Expenses 2019: $366,793Net Income 2019: $30,4192019Revenue 2020: $444,536Expenses 2020: $353,425Net Income 2020: $91,1112020Revenue 2021: $625,646Expenses 2021: $441,855Net Income 2021: $183,7912021Revenue 2022: $566,644Expenses 2022: $493,720Net Income 2022: $72,9242022Revenue 2023: $202,563Expenses 2023: $289,352Net Income 2023: -$86,7892023Revenue 2024: $865,440Expenses 2024: $796,011Net Income 2024: $69,4292024

Highlighted filing

2024

Revenue$865,440
Expenses$796,011
Net Income$69,429

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 9, 2025
Return Version
2023v6.0
Gross Receipts
$865,440
Mission and Program Overview

Mission

The Rochester Education Foundation is an independent organization whose mission is to provide programs and resources to improve learning and success for all Rochester city public school students through partnerships with educators, businesses and the community.

To provide programs and resources to support the success of rochester city students.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$472,201$742,272▲ $270,071
Investments in Publicly Traded Securities$91,255$101,297▲ $10,042
Total Assets$564,331$844,419▲ $280,088
Other Assets Total$875$850▼ $25
Liabilities
Deferred Revenue-$203,017-
Accounts Payable and Accrued Expenses$5,117$12,759▲ $7,642
Total Liabilities$5,117$215,776▲ $210,659
Net Assets / Fund Balance
Net Assets With Donor Restrictions$393,610$584,116▲ $190,506
Net Assets Without Donor Restrictions$165,604$44,527▼ $121,077
Total Net Assets Fund Balance$559,214$628,643▲ $69,429
Total Liabilities and Net Assets / Fund Balance$564,331$844,419▲ $280,088
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Amy SteinExecutive DiFT$66,300$66,300

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$846,266
Program Service Revenue
$0
Investment Income
$19,174
Other Revenue
$0
All Other Contributions
$620,284
Change in Net Assets
$69,429
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$630,473
Salaries, Compensation, and Employee Benefits$157,088
Total Fundraising Expense$68,802
Grants and Similar Amounts Paid$8,450
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$133,839$23,249-$157,088
Fees for Services Other$19,967$21,631-$41,598
Other Expenses$40,430$9,571$68,802$40,430
Occupancy$14,746$3,991-$18,737
Office Expenses$3,934$8,515-$12,449
Insurance$3,329$5,228-$8,557
Grants to Domestic Individuals$8,450--$8,450
Fees for Services Accounting-$3,758-$3,758
All Other Expenses$2,581--$2,581
Total Functional Expenses$651,266$75,943$68,802$796,011
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
Yes
Annual disclosure for covered persons
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
Yes
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, Page 6, Part VI, Line 11B

Will provide to the finance committee to review, comment, and pose questions.

Form 990, Page 6, Part VI, Line 12C

The organization provides each officer and director with the conflict of interest policy when they are elected or appointed. The policy is also reviewed annually. If a potential conflict with any officer or director arises, the organization follows the conflict of interest policy and documents that in the meeting minutes.

Form 990, Page 6, Part VI, Line 15A

The process for determining the compensation of the organization's executive director included a packet presented by the treasurer which included proposed salary increases and documented comparative salaries at similar organizations. The salary increase was approved by the full board.

Form 990, Page 6, Part VI, Line 15B

N/A

Form 990, Page 6, Part VI, Line 19

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

Filing and Contact Details

Filer

Filer Name
Rochester Education Foundation Inc
EIN
27-0132133
Phone
5852715790
Address
250 MILL STREET, ROCHESTER, NY 14614

Signing Officer

Name
Sheila Monachino
Title
Treasurer
Phone
5852715790
Signed
2025-05-09

Organization Details

Principal Officer
Amy Stein
Formed
2005
Legal Domicile
Ny
Voting Board Members
13
Independent Board Members
13
Employees
5
Volunteers
55

Preparer

Firm
Nacca & Capizzi Llp
Address
2430 RIDGEWAY AVE STE 1, ROCHESTER, NY 14626
Preparer
Peter Buttrill CPA
Phone
5852259290
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

The rochester education foundation is an independent organization whose mission is to provide programs and resources to improve learning and success for all rochester city school students through partnerships with educators, businesses and the community.

Form 990, Page 2, Part III, Line 4D

Smile program: this is a two-fold program - supporting "just plain fun" by providing funds for parent/teacher organizations at k-6 schools to help build community and smiles within the schools and "learning is fun" by providing creative student experiences that complement the k-6 science curriculum and make learning fun. At its core, the program is intended to help rochester's elementary school students enjoy their day in school, have fun while learning, and give them plenty of reasons to smile. Literacy: give back, give books: we support literacy by providing books for classrooms, school libraries and for students to keep for their home libraries. We have given out more than 75,000 new and gently used books.

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IRS990/MissionDesc0THE ROCHESTER EDUCATION FOUNDATION IS AN INDEPENDENT ORGANIZATION WHOSE MISSION IS TO PROVIDE PROGRAMS AND RESOURCES TO IMPROVE LEARNING AND SUCCESS FOR ALL ROCHESTER CITY SCHOOL STUDENTS THROUGH PARTNERSHIPS WITH EDUCATORS, BUSINESSES AND THE COMMUNITY.
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IRS990/ProgSrvcAccomActy3Grp/Desc0COLLEGE ACCESS: REF IS THE CONVENER OF THE ROCHESTER COLLEGE ACCESS NETWORK (RCAN) WHICH INCLUDES RCSD AND CHARTER SCHOOL COUNSELORS AND ADMINISTRATORS, PROFESSIONALS FROM LOCAL COLLEGE AND UNIVERSITY OFFICES OF ADMISSIONS AND FINANCIAL AID, AND COMMUNITY BASED ORGANIZATIONS. THROUGH OUR AWARD WINNING FAFSA FEST PROGRAM, WE HAVE HELPED THOUSANDS OF STUDENTS FILL OUT THEIR STATE AND FEDERAL FINANCIAL AID APPLICATIONS. WE ALSO PROVIDE HELP WITH THE COLLEGE APPLICATION PROCESS,SEARCHING FOR SCHOLARSHIPS, UNDERSTANDING FINANCIAL AID, AND OFFER WORKSHOPS ABOUT WHAT TO EXPECT IN COLLEGE. THIS PROGRAM IS PRIMARILY SUPPORTED THROUGH CONTRIBUTIONS.
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IRS990/ProgSrvcAccomActyOtherGrp/Desc0SMILE PROGRAM: THIS IS A TWO-FOLD PROGRAM - SUPPORTING "JUST PLAIN FUN" BY PROVIDING FUNDS FOR PARENT/TEACHER ORGANIZATIONS AT K-6 SCHOOLS TO HELP BUILD COMMUNITY AND SMILES WITHIN THE SCHOOLS AND "LEARNING IS FUN" BY PROVIDING CREATIVE STUDENT EXPERIENCES THAT COMPLEMENT THE K-6 SCIENCE CURRICULUM AND MAKE LEARNING FUN. AT ITS CORE, THE PROGRAM IS INTENDED TO HELP ROCHESTER'S ELEMENTARY SCHOOL STUDENTS ENJOY THEIR DAY IN SCHOOL, HAVE FUN WHILE LEARNING, AND GIVE THEM PLENTY OF REASONS TO SMILE. LITERACY: GIVE BACK, GIVE BOOKS: WE SUPPORT LITERACY BY PROVIDING BOOKS FOR CLASSROOMS, SCHOOL LIBRARIES AND FOR STUDENTS TO KEEP FOR THEIR HOME LIBRARIES. WE HAVE GIVEN OUT MORE THAN 75,000 NEW AND GENTLY USED BOOKS.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ROCHESTER EDUCATION FOUNDATION IS AN INDEPENDENT ORGANIZATION WHOSE MISSION IS TO PROVIDE PROGRAMS AND RESOURCES TO IMPROVE LEARNING AND SUCCESS FOR ALL ROCHESTER CITY SCHOOL STUDENTS THROUGH PARTNERSHIPS WITH EDUCATORS, BUSINESSES AND THE COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1SMILE PROGRAM: THIS IS A TWO-FOLD PROGRAM - SUPPORTING "JUST PLAIN FUN" BY PROVIDING FUNDS FOR PARENT/TEACHER ORGANIZATIONS AT K-6 SCHOOLS TO HELP BUILD COMMUNITY AND SMILES WITHIN THE SCHOOLS AND "LEARNING IS FUN" BY PROVIDING CREATIVE STUDENT EXPERIENCES THAT COMPLEMENT THE K-6 SCIENCE CURRICULUM AND MAKE LEARNING FUN. AT ITS CORE, THE PROGRAM IS INTENDED TO HELP ROCHESTER'S ELEMENTARY SCHOOL STUDENTS ENJOY THEIR DAY IN SCHOOL, HAVE FUN WHILE LEARNING, AND GIVE THEM PLENTY OF REASONS TO SMILE. LITERACY: GIVE BACK, GIVE BOOKS: WE SUPPORT LITERACY BY PROVIDING BOOKS FOR CLASSROOMS, SCHOOL LIBRARIES AND FOR STUDENTS TO KEEP FOR THEIR HOME LIBRARIES. WE HAVE GIVEN OUT MORE THAN 75,000 NEW AND GENTLY USED BOOKS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2WILL PROVIDE TO THE FINANCE COMMITTEE TO REVIEW, COMMENT, AND POSE QUESTIONS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION PROVIDES EACH OFFICER AND DIRECTOR WITH THE CONFLICT OF INTEREST POLICY WHEN THEY ARE ELECTED OR APPOINTED. THE POLICY IS ALSO REVIEWED ANNUALLY. IF A POTENTIAL CONFLICT WITH ANY OFFICER OR DIRECTOR ARISES, THE ORGANIZATION FOLLOWS THE CONFLICT OF INTEREST POLICY AND DOCUMENTS THAT IN THE MEETING MINUTES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROCESS FOR DETERMINING THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR INCLUDED A PACKET PRESENTED BY THE TREASURER WHICH INCLUDED PROPOSED SALARY INCREASES AND DOCUMENTED COMPARATIVE SALARIES AT SIMILAR ORGANIZATIONS. THE SALARY INCREASE WAS APPROVED BY THE FULL BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PAGE 6, PART VI, LINE 19
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NACCA & CAPIZZI LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt02430 RIDGEWAY AVE STE 1
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ROCHESTER

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