Civic Intelligence

Freeport Educational Foundation Inc.

990EZ • Fiscal year 2017 • EIN 46-3091689

Jul 01, 2016 to Jun 30, 2017 • Filed on Jul 26, 2017

Organization ProfileN/A
53 E Merrick Road Suite 166Freeport, NY 11520

(516) 867-5212

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

Net Margin

73rd percentile

19%

Higher net margin than 73% of similar nonprofits.

2017 filings • NTEE B99 • <$500k nonprofits • Source year 2017

Top Officer Pay

70th percentile

$0

Higher top officer pay than 70% of similar nonprofits.

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

2017 filings • NTEE B99 • <$500k nonprofits • Source year 2017

Asset Growth

65th percentile

13%

Faster asset growth than 65% of similar nonprofits.

2017 filings • NTEE B99 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

39th percentile

-5.7%

Faster revenue growth than 39% of similar nonprofits.

2017 filings • NTEE B99 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$63,065

Flat from 2017

Net Assets

$63,065

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin73rd percentile

Revenue

Flat

$38,247

Flat from 2017

Expenses

Flat

$30,925

Flat from 2017

Net Income

Flat

$7,322

Flat from 2017

Historical Trend

Balance Sheet Trend

Asset Growth65th percentile

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

$200K$150K$100K$50K$0Assets 2013: $1Liabilities 2013: $02013Assets 2016: $55,742Net Assets 2016: $55,7422016Assets 2017: $63,065Net Assets 2017: $63,0652017Assets 2017: $63,065Liabilities 2017: $02017Assets 2018: $102,688Net Assets 2018: $102,6882018Assets 2019: $132,874Net Assets 2019: $132,8742019Assets 2020: $159,607Liabilities 2020: $02020Assets 2021: $78,979Net Assets 2021: $78,9792021Assets 2022: $109,871Net Assets 2022: $109,8712022Assets 2023: $186,076Liabilities 2023: $02023

Highlighted filing

2017

Assets$63,065
Liabilities-
Net Assets$63,065
Open 2017 Filing

Operations Trend

Revenue Growth39th percentile

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

$100K$50K$0-$50K-$100KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2016: $40,560Expenses 2016: $23,996Net Income 2016: $16,5642016Revenue 2017: $38,247Expenses 2017: $30,925Net Income 2017: $7,3222017Revenue 2017: $38,247Expenses 2017: $30,925Net Income 2017: $7,3222017Revenue 2018: $75,989Expenses 2018: $36,366Net Income 2018: $39,6232018Revenue 2019: $84,985Expenses 2019: $54,800Net Income 2019: $30,1852019Revenue 2020: $26,734Expenses 2020: $0Net Income 2020: $26,7342020Revenue 2021: $2,466Expenses 2021: $83,094Net Income 2021: -$80,6282021Revenue 2022: $36,941Expenses 2022: $6,050Net Income 2022: $30,8912022Revenue 2023: $83,347Expenses 2023: $7,142Net Income 2023: $76,2052023

Highlighted filing

2017

Revenue$38,247
Expenses$30,925
Net Income$7,322
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Jul 26, 2017
Return Version
2016v3.0
Gross Receipts
$38,247
Mission and Program Overview

Mission

The foundation provides financial and creative support for the freeport schools' educational and extra-curricular programs by providing funding and services in order to enrich the educational experience of the students within the school district. The foundation will establish grants to supplement, strengthen, and enrich the school curriculum. The grants will be used to develop and promote innovative and meaningful programs and activities in the freeport schools which support additional student educational opportunities, to provide financial assistance for special school facilities and equipment, and to support additional training for faculty members by expending monies for education in the courses that they teach.

Program Services

DescriptionGrantsExpenses
THE MISSION OF THE FREEPORT EDUCATIONAL FOUNDATION IS TO CHANGE THE LIVES OF CHILDREN BY FUNDING INNOVATIVE PROGRAMS AND PROVIDING EXTRAORDINARY LEARNING EXPERIENCES. THE FEF RAISES MONEY THROUGH OUTREACH TO ALUMNI AND COMMUNITY RESIDENTS, AS WELL AS THROUGH CORPORATE SPONSORS AND INDIVIDUAL DONORS.$29,334$30,925
Compensation and Service Providers
Top Officer Pay70th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BUTCH YAMALIPresident-$0--
HOWARD COLTONDirector-$0--
CARMEN PINEYRO-MENDOZASecretary-$0--
DEBRA MULEDirector-$0--
DR KISHORE KUNCHAMDirector-$0--
MICHAEL POMERICODirector-$0--
ROBERT SUAREZTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Freeport Educational Foundation Inc
EIN
46-3091689
Phone
5168675212
Address
53 E MERRICK ROAD SUITE 166, FREEPORT, NY 11520

Signing Officer

Name
Butch Yamali
Title
President
Phone
5168675212
Signed
2017-07-26

Preparer

Firm
Cullen & Danowski Llp
Address
1650 ROUTE 112, PORT JEFFERSON STA, NY 11776-3060
Preparer
James Danowski CPA
Phone
6314733400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Freeport public schools 235 n. Ocean ave freeport, ny 11520 18,834 0 0 freeport public schools 235 n. Ocean ave piano freeport, ny 11520 0 8,500 0”

Form 990-ez, Part I, Line 16

“Expenses 285 gala expenses 697 awards 284 total 1,266”

Form 990-ez, Part III

“The foundation provides financial and creative support for the freeport schools' educational and extra-curricular programs by providing funding and services in order to enrich the educational experience of the students within the school district. The foundation will establish grants to supplement, strengthen, and enrich the school curriculum. The grants will be used to develop and promote innovative and meaningful programs and activities in the freeport schools which support additional student educational opportunities, to provide financial assistance for special school facilities and equipment, and to support additional training for faculty members by expending monies for education in the courses that they teach.”

Form 990-ez, Part III, Line 28

“The mission of the freeport educational foundation is to change the lives of children by funding innovative programs and providing extraordinary learning experiences. The fef raises money through outreach to alumni and community residents, as well as through corporate sponsors and individual donors.”

Raw XML Appendix146 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/BooksInCareOfDetail/PhoneNum05168675212
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0FREEPORT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt055743
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt063065
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IRS990EZ/InfoInScheduleOPartIIIInd0X
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IRS990EZ/MethodOfAccountingAccrualInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt52.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt62.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BUTCH YAMALI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1HOWARD COLTON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2CARMEN PINEYRO-MENDOZA
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DEBRA MULE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4DR KISHORE KUNCHAM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5MICHAEL POMERICO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6ROBERT SUAREZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01266
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE FOUNDATION PROVIDES FINANCIAL AND CREATIVE SUPPORT FOR THE FREEPORT SCHOOLS' EDUCATIONAL AND EXTRA-CURRICULAR PROGRAMS BY PROVIDING FUNDING AND SERVICES IN ORDER TO ENRICH THE EDUCATIONAL EXPERIENCE OF THE STUDENTS WITHIN THE SCHOOL DISTRICT. THE FOUNDATION WILL ESTABLISH GRANTS TO SUPPLEMENT, STRENGTHEN, AND ENRICH THE SCHOOL CURRICULUM. THE GRANTS WILL BE USED TO DEVELOP AND PROMOTE INNOVATIVE AND MEANINGFUL PROGRAMS AND ACTIVITIES IN THE FREEPORT SCHOOLS WHICH SUPPORT ADDITIONAL STUDENT EDUCATIONAL OPPORTUNITIES, TO PROVIDE FINANCIAL ASSISTANCE FOR SPECIAL SCHOOL FACILITIES AND EQUIPMENT, AND TO SUPPORT ADDITIONAL TRAINING FOR FACULTY MEMBERS BY EXPENDING MONIES FOR EDUCATION IN THE COURSES THAT THEY TEACH.
IRS990EZ/PrintingPublicationsPostageAmt0325
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE MISSION OF THE FREEPORT EDUCATIONAL FOUNDATION IS TO CHANGE THE LIVES OF CHILDREN BY FUNDING INNOVATIVE PROGRAMS AND PROVIDING EXTRAORDINARY LEARNING EXPERIENCES. THE FEF RAISES MONEY THROUGH OUTREACH TO ALUMNI AND COMMUNITY RESIDENTS, AS WELL AS THROUGH CORPORATE SPONSORS AND INDIVIDUAL DONORS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt029334
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt030925
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt030925
IRS990EZ/TotalProgramServiceExpensesAmt030925
IRS990EZ/TotalRevenueAmt038247
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt038082
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt040410
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt078492
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0165
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0150
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0150
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0165
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0165
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99790
IRS990ScheduleA/PublicSupportPY509Pct01.00000
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt038082
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt040560
IRS990ScheduleA/Total509Grp/TotalAmt078642
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt038247
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt040560
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt078807
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FREEPORT PUBLIC SCHOOLS 235 N. OCEAN AVE FREEPORT, NY 11520 18,834 0 0 FREEPORT PUBLIC SCHOOLS 235 N. OCEAN AVE PIANO FREEPORT, NY 11520 0 8,500 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES 285 GALA EXPENSES 697 AWARDS 284 TOTAL 1,266
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION PROVIDES FINANCIAL AND CREATIVE SUPPORT FOR THE FREEPORT SCHOOLS' EDUCATIONAL AND EXTRA-CURRICULAR PROGRAMS BY PROVIDING FUNDING AND SERVICES IN ORDER TO ENRICH THE EDUCATIONAL EXPERIENCE OF THE STUDENTS WITHIN THE SCHOOL DISTRICT. THE FOUNDATION WILL ESTABLISH GRANTS TO SUPPLEMENT, STRENGTHEN, AND ENRICH THE SCHOOL CURRICULUM. THE GRANTS WILL BE USED TO DEVELOP AND PROMOTE INNOVATIVE AND MEANINGFUL PROGRAMS AND ACTIVITIES IN THE FREEPORT SCHOOLS WHICH SUPPORT ADDITIONAL STUDENT EDUCATIONAL OPPORTUNITIES, TO PROVIDE FINANCIAL ASSISTANCE FOR SPECIAL SCHOOL FACILITIES AND EQUIPMENT, AND TO SUPPORT ADDITIONAL TRAINING FOR FACULTY MEMBERS BY EXPENDING MONIES FOR EDUCATION IN THE COURSES THAT THEY TEACH.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MISSION OF THE FREEPORT EDUCATIONAL FOUNDATION IS TO CHANGE THE LIVES OF CHILDREN BY FUNDING INNOVATIVE PROGRAMS AND PROVIDING EXTRAORDINARY LEARNING EXPERIENCES. THE FEF RAISES MONEY THROUGH OUTREACH TO ALUMNI AND COMMUNITY RESIDENTS, AS WELL AS THROUGH CORPORATE SPONSORS AND INDIVIDUAL DONORS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/PersonNm0BUTCH YAMALI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum05168675212
ReturnHeader/BusinessOfficerGrp/SignatureDt02017-07-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FREEPORT EDUCATIONAL FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FREE
ReturnHeader/Filer/EIN0463091689
ReturnHeader/Filer/PhoneNum05168675212
ReturnHeader/Filer/USAddress/AddressLine1Txt053 E MERRICK ROAD SUITE 166
ReturnHeader/Filer/USAddress/CityNm0FREEPORT
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011520
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0396B21AEF42223446AA4C4CCB4B394942799EB82
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId043A22E51E5A3E52FB66DD1C685EF6FC7232445CA
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0112459188
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CULLEN & DANOWSKI LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01650 ROUTE 112
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0PORT JEFFERSON STA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0117763060
ReturnHeader/PreparerPersonGrp/PhoneNum06314733400
ReturnHeader/PreparerPersonGrp/PreparationDt02017-08-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES DANOWSKI CPA
ReturnHeader/ReturnTs02017-10-16T11:02:58-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-07-01
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$63,065
Liabilities
-
Net assets
$63,065
Revenue
$38,247
Expenses
$30,925
Net income
$7,322
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$1.86$0.00$0.83$0.07$0.76
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.10$1.10$0.37$0.06$0.31
2021Detailed filing. Detailed filing data is available for this year.$0.79$0.79$0.02$0.83$0.81
2020Summary only. Only limited summary data is available for this year.$1.60$0.00$0.27$0.00$0.27
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.33$1.33$0.85$0.55$0.30
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.03$1.03$0.76$0.36$0.40
2017Detailed filing. Detailed filing data is available for this year.$0.63$0.63$0.38$0.31$0.07
2017Summary only. Only limited summary data is available for this year.$0.63$0.00$0.38$0.31$0.07
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.56$0.56$0.41$0.24$0.17
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00