Civic Intelligence

Mount Vernon Educational Foundation Inc

990EZ • Fiscal year 2020 • EIN 54-2121954

Jun 01, 2019 to May 31, 2020 • Filed on Apr 07, 2021

165 North Columbus AvenueMount Vernon, NY 10553

(914) 699-0296

Siviq Scores

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

Liabilities / Assets

66th percentile

0.00x

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

2020 filings • NTEE T12 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

65th percentile

0.00x

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

2020 filings • NTEE T12 • <$500k nonprofits • Source year 2020

Net Margin

73rd percentile

41%

Higher net margin than 73% of similar nonprofits.

2020 filings • NTEE T12 • <$500k nonprofits • Source year 2020

Top Officer Pay

97th percentile

$0

Higher top officer pay than 97% of similar nonprofits.

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

2020 filings • NTEE T12 • <$500k nonprofits • Source year 2020

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2020

Assets

Up

$36,665

Up $19,357 (+112%) from 2012

Net Assets

Up

$36,665

Up $19,357 (+112%) from 2012

Liabilities

Flat

$0

Flat from 2012

Revenue

Up

$31,264

Up $30,964 (+10321%) from 2012

Expenses

Down

$18,505

Down $1,726 (-8.5%) from 2012

Net Income

Up

$12,759

Up $32,690 (+164%) from 2012

Historical Trend

Balance Sheet Trend

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

$80K$60K$40K$20K$0Assets 2011: $37,239Liabilities 2011: $02011Assets 2012: $17,308Liabilities 2012: $0Net Assets 2012: $17,3082012Assets 2020: $36,665Liabilities 2020: $0Net Assets 2020: $36,6652020Assets 2023: $39,203Liabilities 2023: $0Net Assets 2023: $39,2032023Assets 2024: $55,195Liabilities 2024: $0Net Assets 2024: $55,1952024Assets 2025: $61,449Liabilities 2025: $0Net Assets 2025: $61,4492025

Highlighted filing

2020

Assets$36,665
Liabilities$0
Net Assets$36,665

Operations Trend

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

$40K$20K$0-$20KRevenue 2011: $14,451Expenses 2011: $8,383Net Income 2011: $6,0682011Revenue 2012: $300Expenses 2012: $20,231Net Income 2012: -$19,9312012Revenue 2020: $31,264Expenses 2020: $18,505Net Income 2020: $12,7592020Revenue 2023: $26,085Expenses 2023: $10,422Net Income 2023: $15,6632023Revenue 2024: $21,810Expenses 2024: $5,818Net Income 2024: $15,9922024Revenue 2025: $15,530Expenses 2025: $9,276Net Income 2025: $6,2542025

Highlighted filing

2020

Revenue$31,264
Expenses$18,505
Net Income$12,759
Jump To
Filing Snapshot
Filing Period
Jun 1, 2019 to May 31, 2020
Signed
Apr 7, 2021
Return Version
2019v5.2
Gross Receipts
$31,264
Mission and Program Overview

Mission

The mount vernon educational foundation drives inspiration, creativity, and ambition by partnering with the school district and community to enable students to explore opportunities beyond the boundaries of the classroom.

Program Services

DescriptionGrantsExpenses
THE MISSION OF THE FOUNDATION IS TO ENCOURAGE ALL CHILDREN TO EXCEL. THE FOUNDATION SEEKS TO PROVIDE OPPORTUNITIES FOR STUDENTS AND STAFF TO EXPAND THEIR LEARNING OPPORTUNITIES, TO MAXIMIZE THE POTENTIAL OF EACH STUDENT IN MOUNT VERNON. THE FOUNDATION AWARDED GRANTS TO THE MOUNT VERNON SCHOOL DISTRICT TO BENEFIT THE STUDENTS AND FACULTY.$16,870$16,870
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
EILEEN JUSTINOPresident-$0--
TERESA WEBERVice President-$0--
PAUL HERRICKTreasurer-$0--
CHARMAINE FEARONAssistant Treasurer-$0--
NATALEE GARRISONSecretary-$0--
Filing and Contact Details

Filer

Filer Name
Mount Vernon Educational Foundation Inc
EIN
54-2121954
Phone
9146990296
Address
165 NORTH COLUMBUS AVENUE, MOUNT VERNON, NY 10553

Signing Officer

Name
Eileen Justino
Title
President
Phone
9146990296
Signed
2021-04-07
Discuss with paid preparer
Yes

Preparer

Firm
PKF O'CONNOR DAVIES LLP
Address
500 MAMARONECK AVENUE, HARRISON, NY 10528-1633
Preparer
Garrett M Higgins
Phone
9143818900
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

Activity classification: . Grantee name: mount vernon city school district. Grantee address: 165 n columbus ave mt vernon, ny 10553. Amount given: 16,870.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: paypal fees. Amount: 469. Description: conferences. Amount: 871. Total to form 990-ez, line 16: 1,340.

FORM 990EZ, PART V, LINE 34:

The organization amended its bylaws in february 2020 to reduce the minimum number of board members from seven to five.

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.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0MOUNT VERNON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0EILEEN JUSTINO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TERESA WEBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2PAUL HERRICK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3CHARMAINE FEARON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4NATALEE GARRISON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3ASSISTANT TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4SECRETARY
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
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IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0THE MOUNT VERNON EDUCATIONAL FOUNDATION DRIVES INSPIRATION, CREATIVITY, AND AMBITION BY PARTNERING WITH THE SCHOOL DISTRICT AND COMMUNITY TO ENABLE STUDENTS TO EXPLORE OPPORTUNITIES BEYOND THE BOUNDARIES OF THE CLASSROOM.
IRS990EZ/PrintingPublicationsPostageAmt0295
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY CLASSIFICATION: . GRANTEE NAME: MOUNT VERNON CITY SCHOOL DISTRICT. GRANTEE ADDRESS: 165 N COLUMBUS AVE MT VERNON, NY 10553. AMOUNT GIVEN: 16,870.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PAYPAL FEES. AMOUNT: 469. DESCRIPTION: CONFERENCES. AMOUNT: 871. TOTAL TO FORM 990-EZ, LINE 16: 1,340.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION AMENDED ITS BYLAWS IN FEBRUARY 2020 TO REDUCE THE MINIMUM NUMBER OF BOARD MEMBERS FROM SEVEN TO FIVE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990EZ, PART V, LINE 34:
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE 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/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0EILEEN JUSTINO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum09146990296
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-04-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MOUNT VERNON EDUCATIONAL FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MOUN
ReturnHeader/Filer/EIN0542121954
ReturnHeader/Filer/PhoneNum09146990296
ReturnHeader/Filer/USAddress/AddressLine1Txt0165 NORTH COLUMBUS AVENUE
ReturnHeader/Filer/USAddress/CityNm0MOUNT VERNON
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271728945
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 MAMARONECK AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HARRISON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0105281633
ReturnHeader/PreparerPersonGrp/PhoneNum09143818900
ReturnHeader/PreparerPersonGrp/PreparationDt02021-04-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GARRETT M HIGGINS
ReturnHeader/ReturnTs02021-04-07T16:41:17-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-06-01
ReturnHeader/TaxPeriodEndDt02020-05-31
ReturnHeader/TaxYr02019

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Filings