THE NEEDHAM EDUCATION FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

THE NEEDHAM EDUCATION FOUNDATION INC

EIN 04-3088148 · Education (B95Z)

What they do

THE NEEDHAM EDUCATION FOUNDATION is AN INDEPENDENT COMMUNITY-BASED ORGANIZATION THAT RAISES FUNDS for THE ENRICHMENT of PUBLIC SCHOOL CHILDREN IN NEEDHAM, MASSACHUSETTS. WE FUND GRANTS THAT PROMOTE INNOVATION and EXCELLENCE FROM PRE-KINDERGARTEN THROUGH HIGH SCHOOL.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders34 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

66.40%of revenue went to mission work89.8% of expenses · Program services

3.81%of revenue went to fundraising5.2% of expenses

$73.93spent for every $100 of revenueRevenue covered expenses this year.

3.71%of revenue went to management and office costs5.0% of expenses

$17.90in assets for every $1 spent this yearSome assets cannot be spent right away.

40.7%of its money came from giftsOther money may come from services or investments.

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Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$129,518

Mission workProgram services$86,00566.40% of revenue89.8% of expenses

ManagementOffice and general costs$4,8043.71% of revenue5.0% of expenses

FundraisingAsking for donations$4,9403.81% of revenue5.2% of expenses

Revenue left after expensesReported annual surplus$33,76926.07% of revenueShown in gray on the chart

Total expenses$95,74973.93% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 89.8% mission · 5.0% management · 5.2% fundraisingTotal expenses: 73.93% of revenue

2023Expense mix: 96.9% mission · 1.3% management · 1.8% fundraisingTotal expenses: 216.28% of revenue

2022Expense mix: 90.4% mission · 6.1% management · 3.5% fundraisingTotal expenses: 86.44% of revenue

2021Expense mix: 87.9% mission · 5.8% management · 6.3% fundraisingTotal expenses: 60.06% of revenue

2020Expense mix: 98.0% mission · 0.7% management · 1.3% fundraisingTotal expenses: 143.16% of revenue

2019Expense mix: 92.2% mission · 2.4% management · 5.4% fundraisingTotal expenses: 77.13% of revenue

2018Expense mix: 89.6% mission · 5.0% management · 5.4% fundraisingTotal expenses: 63.59% of revenue

2017Expense mix: 89.9% mission · 4.9% management · 5.2% fundraisingTotal expenses: 62.46% of revenue

Money in and money out

Revenue$129,518

Expenses$95,749

Annual surplus $33,769 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$86,005 · 89.8% of expenses

Management and office costs$4,804 · 5.0% of expenses

Fundraising$4,940 · 5.2% of expenses

See all reported dollar amounts

Revenue$129,518

Expenses$95,749

Assets$1,713,868

Income$186,450

Contributions$52,723

Mission work (program services)$86,005

Fundraising$4,940

Grants given$1,212,813

Average grant$151,602

Management and general$4,804

Executive compensation (total)$10,967

Stocks and bonds$1,696,916

Accounting fees$1,475

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (34)

MAUREEN TROWBRIDGEDIRECTOR

KATHLEEN ALWARTDIRECTOR

KATIE DITTMERDIRECTOR

KATIE FEINSDIRECTOR

KIM FORNESSDIRECTOR

KRISTI DALYDIRECTOR

KYUNG PARKDIRECTOR

MARGARET SHAPIRODIRECTOR

MARISSA TRAEGERCO-PRESIDENT

JESSICA CLAYSONDIRECTOR

MEAGHAN MARTINDIRECTOR

MEGAN MCQUIVEYDIRECTOR

MELISSA BAUCOMDIRECTOR

MEREDITH FRIENDDIRECTOR

NICOLE HAGLERDIRECTOR

SHEA DUCADIRECTOR

STEPHANIE WALLACETREASURER

DYANNA COTTERDIRECTOR

ANDREA CUNNINGHAMCO-PRESIDENT

CHRISTINA MATHEWSDIRECTOR

CHRISTINE DESROSIERSDIRECTOR

CINZIA SOLARIDIRECTOR

DAN LEVINEDIRECTOR

DAVID LINDEDIRECTOR

DAYNA DICICCODIRECTOR

DEREK STAMMDIRECTOR

AMY CHANDIRECTOR

EMILY DILLDIRECTOR

ERIN GOODWINDIRECTOR

GABI OLIVEIRADIRECTOR

JACKIE PERSUITDIRECTOR

JEN MURRAYDIRECTOR

JENNY ADUDIRECTOR

JESS POLIQUINDIRECTOR

About this charity

Recognized since: January 1990
Location: PO BOX 920145, NEEDHAM, MA 02492-0002
County: Norfolk
In care of: % IDA INC
Primary officer: STEPHANIE WALLACE, TREASURER

How to reach them

WebsiteVisit the charity’s website Phone(617) 334-8015

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: TREEFUL DAMASO ANICETO INC
NTEE classification: Education (B95Z)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes