Civic Intelligence

Island Heights Education Foundation

990EZ • Fiscal year 2024 • EIN 87-1007682

Jul 01, 2023 to Jun 30, 2024 • Filed on Nov 11, 2024

Organization ProfileN/A

Refreshing map…

115 Summit AvenueIsland Heights, NJ 08732

(732) 929-1211

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 2024

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2024

Net Margin

29th percentile

-0.0%

Higher net margin than 29% of similar nonprofits.

2024 filings • NTEE B12 • <$500k nonprofits • Source year 2024

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

2024 filings • NTEE B12 • <$500k nonprofits • Source year 2024

Asset Growth

43rd percentile

-0.2%

Faster asset growth than 43% of similar nonprofits.

2024 filings • NTEE B12 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

-7.3%

Faster revenue growth than 42% of similar nonprofits.

2024 filings • NTEE B12 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$34,072

Down $79 (-0.2%) from 2023

Net Assets

Down

$34,072

Down $79 (-0.2%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin29th percentile

Revenue

Down

$173,129

Down $13,628 (-7.3%) from 2023

Expenses

Up

$173,208

Up $3,853 (+2.3%) from 2023

Net Income

Down

-$79

Down $17,481 (-100%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth43rd percentile

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

$60K$40K$20K$0Assets 2023: $34,151Net Assets 2023: $34,1512023Assets 2024: $34,072Net Assets 2024: $34,0722024Assets 2025: $43,263Net Assets 2025: $43,2632025

Highlighted filing

2024

Assets$34,072
Liabilities-
Net Assets$34,072
Open 2024 Filing

Operations Trend

Revenue Growth42nd percentile

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

$200K$150K$100K$50K$0-$50KRevenue 2023: $186,757Expenses 2023: $169,355Net Income 2023: $17,4022023Revenue 2024: $173,129Expenses 2024: $173,208Net Income 2024: -$792024Revenue 2025: $173,163Expenses 2025: $163,972Net Income 2025: $9,1912025

Highlighted filing

2024

Revenue$173,129
Expenses$173,208
Net Income-$79
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Nov 11, 2024
Return Version
2023v5.1
Gross Receipts
$173,129
Mission and Program Overview

Mission

To raise monies to be used to buy equipment, textbooks and supplies to be used in the education of the students of the Island Heights Grade School

Program Services

DescriptionGrantsExpenses
RAISED MONEY TO BE USED FOR THE STUDENTS OF ISLAND HEIGHTS GRADE SCHOOL--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
CASEY MUNDRYChairman-$0--
PASQUALE ZICCHINELLITreasurer-$0--
TIMOTHY REHMTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Island Heights Education Foundation
EIN
87-1007682
Phone
7329291211
Address
115 SUMMIT AVENUE, ISLAND HEIGHTS, NJ 08732

Signing Officer

Name
Casey Mundry
Title
Chairman
Signed
2024-11-11
Discuss with paid preparer
Yes

Preparer

Firm
Frank J Frazee CPA
Address
826 Anchor Drive, Forked River, NJ 08731
Preparer
Frank J Frazee CPA
Phone
6096937183
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $149”

Other Expenses.1

“Fundraising costs $172963”

Other Expenses.2

“Licenes and permits $96”

Raw XML Appendix103 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0PASQUALE ZICCHINELLI
IRS990EZ/BooksInCareOfDetail/PhoneNum07329291211
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0224 VANSANT AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0ISLAND HEIGHTS
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd008732
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt034151
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt034072
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-79
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt034151
IRS990EZ/Form990TotalAssetsGrp/EOYAmt034072
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0173129
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt034151
IRS990EZ/NetAssetsOrFundBalancesEOYAmt034072
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt034151
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt034072
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0CASEY MUNDRY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1PASQUALE ZICCHINELLI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2TIMOTHY REHM
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501cInd0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0173208
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To raise monies to be used to buy equipment, textbooks and supplies to be used in the education of the students of the Island Heights Grade School
IRS990EZ/ProgramServiceRevenueAmt0173129
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0RAISED MONEY TO BE USED FOR THE STUDENTS OF ISLAND HEIGHTS GRADE SCHOOL
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt0173208
IRS990EZ/TotalRevenueAmt0173129
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $149
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Fundraising costs $172963
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Licenes and permits $96
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CASEY MUNDRY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ISLAND HEIGHTS EDUCATION FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0ISLA
ReturnHeader/Filer/EIN0871007682
ReturnHeader/Filer/PhoneNum07329291211
ReturnHeader/Filer/USAddress/AddressLine1Txt0115 SUMMIT AVENUE
ReturnHeader/Filer/USAddress/CityNm0ISLAND HEIGHTS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd008732
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0883396668
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Frank J Frazee CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0826 Anchor Drive
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Forked River
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd008731
ReturnHeader/PreparerPersonGrp/PhoneNum06096937183
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Frank J Frazee CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-11T06:15:34-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$34,072
Liabilities
-
Net assets
$34,072
Revenue
$173,129
Expenses
$173,208
Net income
-$79
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$0.43$0.43$1.73$1.64$0.09
2024Detailed filing. Detailed filing data is available for this year.$0.34$0.34$1.73$1.73$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.34$0.34$1.87$1.69$0.17