Liabilities / Assets
95th percentile
Higher debt load relative to assets than 95% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.91x
Liabilities / Revenue
99th percentile
Higher debt load relative to revenue than 99% of similar nonprofits.
Net Margin
89th percentile
Higher net margin than 89% 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
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
99th percentile
Faster revenue growth than 99% of similar nonprofits.
Balance Sheet
Assets
Up$151,235
Up $150,300 (+16075%) from 2014
Net Assets
Up$96,189
Up $95,254 (+10188%) from 2014
Liabilities
Up$137,468
Up $137,468 from 2014
Revenue And Expenses
Revenue
Up$25,000
Up $24,000 (+2400%) from 2014
Expenses
Up$12,168
Up $12,103 (+18620%) from 2014
Net Income
Up$12,832
Up $11,897 (+1272%) from 2014
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2014 to Jun 30, 2015
- Signed
- Nov 8, 2016
- Return Version
- 2014v6.0
- Gross Receipts
- $189,325
Mission and Program Overview
Mission
To support local schools and other school organizations
Supporting local schools and other school organizations.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| SCHOOL PROGRAM - HELPING SCHOOLS LOCAL SCHOOLS AND OTHER SCHOOL ORGANIZATIONS. | $81,656 | $81,656 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| RAPHAEL N MUSHER | Chair | - | $0 | - | - |
| AARON LAPAT | Treasurer | - | $0 | - | - |
| ERIC PLAKS | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Channel Education Foundation Inc
- EIN
- 46-4372812
- Phone
- 2123363824
- Address
- 600 THIRD AVENUE NO 1202, NEW YORK, NY 10016
Signing Officer
- Name
- Avi Daman
- Title
- Chair
- Phone
- 2123363824
- Signed
- 2016-11-08
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Skody Scot & Co Cpas Pc
- Address
- 520 EIGHTH AVE SUITE 2200, NEW YORK, NY 10018
- Preparer
- William Skody
- Phone
- 2129671100
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 4 - Other Investment Income
“Description: interest income. Amount: 2.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: grant - in excess of $5,000. Grantee name: team 4373 roobotics - abington friends school. Grantee address: 575 washington lane jenkintown, pa 19046. Amount given: 9,158.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: grant - in excess of $5,000. Grantee name: lightning trampolines - carlisle high schoool. Grantee address: 2693 timber court lebanon, oh 45036. Amount given: 6,778.”
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: grant - in excess of $5,000. Grantee name: lego legions - cafe christian co-op. Grantee address: 2191 struble road cincinnati, oh 45231. Amount given: 5,432. Total included on form 990-ez, line 10: 21,368.”
Form 990-ez, Part I, Line 16 - Other Expenses
“Description: credit card processing fees. Amount: 3,486. Description: bank service charges. Amount: 244. Description: filing fees. Amount: 25. Total to form 990-ez, line 16: 3,755.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: accounts payable. Beg. Of year amount: 0. End of year amount: 33,881.”
Reason for Amended Retun
“The organization amended this return to record the income it collected and expenses it paid on behalf of public schools and nonprofits throughout the u.s. Remaining funds held are transferred to an account owned and operated entity, if they are allowed to accept these funds.”
Raw XML Appendix151 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/AmendedReturnInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | THE ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2123363824 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 600 THIRD AVENUE NO 1202 |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | NEW YORK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 10016 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 935 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 130070 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 189323 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 95254 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 8660 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 935 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 130070 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 81656 |
| IRS990EZ/GrossReceiptsAmt | 0 | 189325 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2 |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 935 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 96189 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 935 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 96189 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | RAPHAEL N MUSHER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | AARON LAPAT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | ERIC PLAKS |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 3755 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | SUPPORTING LOCAL SCHOOLS AND OTHER SCHOOL ORGANIZATIONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | SCHOOL PROGRAM - HELPING SCHOOLS LOCAL SCHOOLS AND OTHER SCHOOL ORGANIZATIONS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 81656 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 81656 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 33881 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 94071 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 81656 |
| IRS990EZ/TotalRevenueAmt | 0 | 189325 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | N/A |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 189323 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 190323 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 2 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 2 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 158051 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 32272 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 189323 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 190323 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 190325 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DESCRIPTION: INTEREST INCOME. AMOUNT: 2. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ACTIVITY CLASSIFICATION: GRANT - IN EXCESS OF $5,000. GRANTEE NAME: TEAM 4373 ROOBOTICS - ABINGTON FRIENDS SCHOOL. GRANTEE ADDRESS: 575 WASHINGTON LANE JENKINTOWN, PA 19046. AMOUNT GIVEN: 9,158. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | ACTIVITY CLASSIFICATION: GRANT - IN EXCESS OF $5,000. GRANTEE NAME: LIGHTNING TRAMPOLINES - CARLISLE HIGH SCHOOOL. GRANTEE ADDRESS: 2693 TIMBER COURT LEBANON, OH 45036. AMOUNT GIVEN: 6,778. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACTIVITY CLASSIFICATION: GRANT - IN EXCESS OF $5,000. GRANTEE NAME: LEGO LEGIONS - CAFE CHRISTIAN CO-OP. GRANTEE ADDRESS: 2191 STRUBLE ROAD CINCINNATI, OH 45231. AMOUNT GIVEN: 5,432. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 21,368. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | DESCRIPTION: CREDIT CARD PROCESSING FEES. AMOUNT: 3,486. DESCRIPTION: BANK SERVICE CHARGES. AMOUNT: 244. DESCRIPTION: FILING FEES. AMOUNT: 25. TOTAL TO FORM 990-EZ, LINE 16: 3,755. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 33,881. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE ORGANIZATION AMENDED THIS RETURN TO RECORD THE INCOME IT COLLECTED AND EXPENSES IT PAID ON BEHALF OF PUBLIC SCHOOLS AND NONPROFITS THROUGHOUT THE U.S. REMAINING FUNDS HELD ARE TRANSFERRED TO AN ACCOUNT OWNED AND OPERATED ENTITY, IF THEY ARE ALLOWED TO ACCEPT THESE FUNDS. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | REASON FOR AMENDED RETUN |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | AVI DAMAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2123363824 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-11-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | CHANNEL EDUCATION FOUNDATION INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CHAN |
| ReturnHeader/Filer/EIN | 0 | 464372812 |
| ReturnHeader/Filer/PhoneNum | 0 | 2123363824 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 600 THIRD AVENUE NO 1202 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 10016 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 133597814 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | SKODY SCOT & CO CPAS PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 520 EIGHTH AVE SUITE 2200 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10018 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2129671100 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2016-11-08 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | WILLIAM SKODY |
| ReturnHeader/ReturnTs | 0 | 2016-11-08T12:20:15-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2014-07-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-06-30 |
| ReturnHeader/TaxYr | 0 | 2014 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2015 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $151,235
- Liabilities
- $137,468
- Net assets
- $96,189
- Revenue
- $25,000
- Expenses
- $12,168
- Net income
- $12,832