NEWBURYPORT EDUCATION FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

NEWBURYPORT EDUCATION FOUNDATION INC

EIN 04-3583906 · Educational Services (B90)

What they do

See Schedule O

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $74.90 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 explanation is very short. Ask what work they really do.

They name their leaders26 people are listed in the latest report.

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

Money made simple

70.95%of revenue went to mission work74.9% of expenses · Program services

2.82%of revenue went to fundraising3.0% of expenses

$94.74spent for every $100 of revenueRevenue covered expenses this year.

20.97%of revenue went to management and office costs22.1% of expenses

$4.30in assets for every $1 spent this yearSome assets cannot be spent right away.

59.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $66,096 for CARRIE ODONNELL (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

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$476,835

Mission workProgram services$338,32970.95% of revenue74.9% of expenses

ManagementOffice and general costs$99,98720.97% of revenue22.1% of expenses

FundraisingAsking for donations$13,4332.82% of revenue3.0% of expenses

Revenue left after expensesReported annual surplus$25,0865.26% of revenueShown in gray on the chart

Total expenses$451,74994.74% 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: 74.9% mission · 22.1% management · 3.0% fundraisingTotal expenses: 94.74% of revenue

2023Expense mix: 76.0% mission · 22.9% management · 1.1% fundraisingTotal expenses: 130.46% of revenue

2022Expense mix: 76.7% mission · 21.5% management · 1.8% fundraisingTotal expenses: 116.31% of revenue

2021Expense mix: 66.4% mission · 32.9% management · 0.7% fundraisingTotal expenses: 21.42% of revenue

2020Expense mix: 72.8% mission · 26.9% management · 0.4% fundraisingTotal expenses: 83.10% of revenue

2019Expense mix: 79.2% mission · 13.9% management · 6.8% fundraisingTotal expenses: 88.72% of revenue

2018Expense mix: 76.3% mission · 16.6% management · 7.1% fundraisingTotal expenses: 96.40% of revenue

2017Expense mix: 82.9% mission · 15.2% management · 1.9% fundraisingTotal expenses: 83.30% of revenue

Money in and money out

Revenue$476,835

Expenses$451,749

Annual surplus $25,086 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)$338,329 · 74.9% of expenses

Management and office costs$99,987 · 22.1% of expenses

Fundraising$13,433 · 3.0% of expenses

See all reported dollar amounts

Revenue$476,835

Expenses$451,749

Assets$1,940,424

Income$850,696

Contributions$285,693

Mission work (program services)$338,329

Fundraising$13,433

Grants given$1,557,972

Average grant$141,634

Management and general$99,987

Executive compensation (total)$53,462

Stocks and bonds$1,723,467

Investing fees$2,082

People

Leadership and board

Tax year 2024

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

People reported as paid

Person and titleCompensation

CARRIE ODONNELLEXECUTIVE DIRECTOR · 2 hrs/week $66,096

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

CARRIE ODONNELLEXECUTIVE DIRECTOR

KRISTIN SPINNEYDIRECTOR

TERESA PASTOREDIRECTOR

STEPHEN DAMBROSIODIRECTOR

SEAN GALLAGHERDIRECTOR

SCOTT CUTICCHIADIRECTOR

SAM HARTFORDDIRECTOR

ROSEMARY TURGEONDIRECTOR

RAY FELTSDIRECTOR

MATT MCCANNDIRECTOR

MADELEINE JACKMANDIRECTOR

LIZZY HOMERDIRECTOR

LISA LANGISDIRECTOR

KRISTINE ENESPRESIDENT

ALISSA COUGHDIRECTOR

KATHLEEN PETRIEDIRECTOR

KACEY OREALDIRECTOR

GINA IKEMOTODIRECTOR

DEB PAREDIRECTOR

DAVID MARRONCELLITREASURER

DANIELLE BAPTISTEDIRECTOR

CINDY JOHNSONCLERK

BRIAN CALLAHANDIRECTOR

BARB BAILEYDIRECTOR

ANDREW WULFDIRECTOR

ANDREA WEETMANDIRECTOR

About this charity

Recognized since: January 2002
Location: PO BOX 1002, NEWBURYPORT, MA 01950-6002
County: Essex
In care of: % WENDY GUS
Primary officer: David Marroncelli, Treasurer

How to reach them

WebsiteVisit the charity’s website Emailinfo@newburyportef.org Phone(978) 463-7893

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: FRITZ DEGUGLIELMO LLC
NTEE classification: Educational Services (B90)
IRS tax category: Educational Services
Grant-giving organization: Yes