Nonprofit · EIN 22-2567982
THE PHILADELPHIA EDUCATION FUND
Tax-exempt · PHILADELPHIA, PA 19106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,101,734 | $5,061,594 | $40,140 | $14,350,614 | $884,065 | $13,466,549 |
| June 30, 2024 | 990 | $4,683,877 | $4,564,204 | $119,673 | $13,864,955 | $1,283,918 | $12,581,037 |
| June 30, 2023 | 990 | $3,867,759 | $4,103,927 | -$236,168 | $13,102,729 | $1,198,321 | $11,904,408 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $3,326,536
- of which government grants
- $1,545,369
- Program service revenue
- $1,323,491
- Investment income
- $370,163
- Net gain from sales of assets
- $64,382
- Net income from fundraising events
- $70,571
- Other revenue
- $81,544
Expenses
- Grants and similar amounts paid
- $852,996
- Compensation of officers, directors and key employees
- $333,368
- Other salaries and wages
- $2,202,074
- Salaries, compensation and benefits (total)
- $2,927,271
- Professional fundraising fees
- $0
- Legal fees
- $12,444
- Accounting fees
- $174,861
- Occupancy
- $106,402
- Travel
- $78,284
- Depreciation
- $20,566
- Program services (functional)
- $4,477,464
- Management and general (functional)
- $435,193
- Fundraising (functional)
- $148,937
Balance sheet and other
- Total assets, start of year
- $13,864,955
- Total assets, end of year
- $14,350,614
- Total liabilities, end of year
- $884,065
- Net assets, end of year
- $13,466,549
- Land, buildings and equipment
- $9,287
- Publicly traded securities
- $10,594,129
- Net assets without donor restrictions
- $1,871,537
- Net assets with donor restrictions
- $11,595,012
- Gross receipts
- $5,405,203
- Employees
- 35
- Volunteers
- 75
- Year formed
- 1984
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FARAH JIMENEZ | PRESIDENT AND CEO Officer | 35 | $198,581 | $23,823 |
| DAVID GARBE | DIRECTOR, MCKINNEY CENTER Highest-paid employee | 35 | $116,400 | $5,255 |
| BRYAN DEFONEY | VP OF PROGRAMS Officer | 35 | $116,200 | $5,167 |
| ASIM Z HAQUE | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOANN MITCHELL | VICE CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| TOM BALL | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 |
| JULIANA MOSELY-WILLIAMS | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 |
| CHERYL L BAXTER | MEMBER Trustee or director | 1 | $0 | $0 |
| MARK BLASKEY | MEMBER Trustee or director | 1 | $0 | $0 |
| STEVEN BRADLEY | MEMBER Trustee or director | 1 | $0 | $0 |
| VALERIE BROWN | MEMBER Trustee or director | 1 | $0 | $0 |
| RICHARD CORCORAN | MEMBER Trustee or director | 1 | $0 | $0 |
| RIPLEY DWYER | MEMBER Trustee or director | 1 | $0 | $0 |
| SUSAN LORENZ-FISHER | MEMBER Trustee or director | 1 | $0 | $0 |
| PHILLIP GABLER | MEMBER Trustee or director | 1 | $0 | $0 |
12 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOHN G GINELLI | MEMBER Trustee or director | 1 | $0 |
| LA-TOYA P HACKNEY | MEMBER Trustee or director | 1 | $0 |
| BRAD HODGE | MEMBER Trustee or director | 1 | $0 |
| ALQUON HODGES | MEMBER Trustee or director | 1 | $0 |
| THOMAS MORRISON | MEMBER Trustee or director | 1 | $0 |
| PEDRO RIVERA | MEMBER Trustee or director | 1 | $0 |
| SHAWN SAMUEL | MEMBER Trustee or director | 1 | $0 |
| MARGARET STEELE | MEMBER Trustee or director | 1 | $0 |
| BRANDEN SWEETSER | MEMBER Trustee or director | 1 | $0 |
| KIMBERLY TOMBASCO | MEMBER Trustee or director | 1 | $0 |
| KIMBERLY TYLER-BENNS | MEMBER Trustee or director | 1 | $0 |
| GREG VERNICK | MEMBER Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FARAH JIMENEZ | PRESIDENT AND CEO Officer | 35 | $192,500 | $12,416 |
| JOHN GINELLI | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOANN MITCHELL | VICE CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| TOM BALL | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 |
| JULIANA MOSLEY-WILLIAMS | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 |
| CHERYL BAXTER | MEMBER Trustee or director | 1 | $0 | $0 |
| MARK BLASKEY | MEMBER Trustee or director | 1 | $0 | $0 |
| STEVEN BRADLY | MEMBER Trustee or director | 1 | $0 | $0 |
| VALERIE BROWN | MEMBER Trustee or director | 1 | $0 | $0 |
| RICHARD CORCORAN | MEMBER Trustee or director | 1 | $0 | $0 |
| RIPLEY DWYER | MEMBER Trustee or director | 1 | $0 | $0 |
| PHILLIP GABLER | MEMBER Trustee or director | 1 | $0 | $0 |
| LA-TOYA P HACKNEY | MEMBER Trustee or director | 1 | $0 | $0 |
| ASIM HAQUE | MEMBER Trustee or director | 1 | $0 | $0 |
| BRAD HODE | MEMBER Trustee or director | 1 | $0 | $0 |
| ALQUON HODGES | MEMBER Trustee or director | 1 | $0 | $0 |
| SUSAN LORENZ-FISHER | MEMBER Trustee or director | 1 | $0 | $0 |
| THOMAS MORRISON | MEMBER Trustee or director | 1 | $0 | $0 |
| PEDRO RIVERA | MEMBER Trustee or director | 1 | $0 | $0 |
| SHAWN SAMUEL | MEMBER Trustee or director | 1 | $0 | $0 |
| MARGARET STEELE | MEMBER Trustee or director | 1 | $0 | $0 |
| BRANDEN SWEETSER | MEMBER Trustee or director | 1 | $0 | $0 |
| KIMBERLY TOMBASCO | MEMBER Trustee or director | 1 | $0 | $0 |
| KIMBERLY TYLER-BENNS | MEMBER Trustee or director | 1 | $0 | $0 |
| GREG VERNICK | MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended June 30, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| FARAH JIMENEZ | PRESIDENT AND CEO Officer | 35 | $160,000 | $9,643 |
| JOHN G GINELLI | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOANN MITCHELL | VICE CHAIR Trustee or director, Officer | 1.5 | $0 | $0 |
| SIOBHAN REARDON | TREASURER Trustee or director, Officer | 1.5 | $0 | $0 |
| MARK SILOW | SECRETARY Trustee or director, Officer | 1.5 | $0 | $0 |
| DAVID BAKER | MEMBER Trustee or director | 1 | $0 | $0 |
| TOM BALL | MEMBER Trustee or director | 1 | $0 | $0 |
| VALERIE E BROWN | MEMBER Trustee or director | 1 | $0 | $0 |
| RICHARD CORCORAN | MEMBER Trustee or director | 1 | $0 | $0 |
| ALEKSANDRA DAVIS | MEMBER Trustee or director | 1 | $0 | $0 |
| PATRICIA DAY | MEMBER Trustee or director | 1 | $0 | $0 |
| DONALD DILORETO | MEMBER Trustee or director | 1 | $0 | $0 |
| PHILLIP GABLER | MEMBER Trustee or director | 1 | $0 | $0 |
| LA-TOYA P HACKNEY | MEMBER Trustee or director | 1 | $0 | $0 |
| ASIM HAQUE | MEMBER Trustee or director | 1 | $0 | $0 |
| SOPHIA LEE | MEMBER Trustee or director | 1 | $0 | $0 |
| SUSAN LORENZ-FISHER | MEMBER Trustee or director | 1 | $0 | $0 |
| MELINDA MARCHESI | MEMBER Trustee or director | 1 | $0 | $0 |
| THOMAS MORRISON | MEMBER Trustee or director | 1 | $0 | $0 |
| JULIANA MOSLEY-WILLIAMS | MEMBER Trustee or director | 1 | $0 | $0 |
| MARKUS WEIDNER | MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 718 ARCH ST STE 700N, PHILADELPHIA, PA 19106-1528
- In care of
- % NIKELE D JONES
- Principal officer (990 for 2024)
- FARAH JIMENEZ, 718 ARCH STREET 700N, PHILADELPHIA, PA 19106
- Signed the 990
- FARAH JIMENEZ, PRESIDENT AND CEO
- Phone
- (215) 665-1400
- Website
- WWW.PHILAEDFUND.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
THE MISSION OF THE PHILADELPHIA EDUCATION FUND (PEF) IS TO CREATE EQUITABLE ACCESS TO OPPORTUNITIES FOR STUDENTS BY PROVIDING RESOURCES AND EXPERTISE THAT BUILD PATHS TO COLLEGE AND CAREER SUCCESS. PEF FOCUSES ON PHILADELPHIA PUBLIC SCHOOL STUDENTS ATTENDING SCHOOLS WITH LOW GRADUATION, POSTSECONDARY PERSISTENCE, COLLEGE ENROLLMENT, AND COLLEGE COMPLETION RATES. PEF FULFILLS ITS MISSION BY EMBEDDING A COLLEGE AND CAREER GOING FRAMEWORK IN THE PHILADELPHIA PUBLIC SCHOOL SYSTEM; DELIVERING IN PERSON, SCHOOL BASED, AND VIRTUAL SUPPORTS; ALIGNING SECONDARY AND POSTSECONDARY INSTRUCTION; PROVIDING SCHOLARSHIP AID; AND SUPPORTING STUDENTS, EDUCATORS, DISTRICTS, AND COMMUNITIES
Program accomplishments
- DIRECT SERVICES TO STUDENTS: THE GOAL OF PEF'S DIRECT SERVICES TO STUDENTS IS TO CREATE PATHWAYS TO COLLEGE AND CAREER BY EQUIPPING PHILADELPHIA PUBLIC SCHOOL STUDENTS WITH THE GUIDANCE, PREPARATION, AND FINANCIAL RESOURCES NEEDED TO PURSUE POSTSECONDARY EDUCATION. DURING THE REPORTING PERIOD, PEF PROVIDED COLLEGE ADVISING, PREPARATORY WORKSHOPS, STANDARDIZED TEST PREPARATION, ACADEMIC ENRICHMENT, AND HANDS ON ASSISTANCE TO AN ESTIMATED 8,000-10,000 STUDENTS (ESTIMATE), IN PARTNERSHIP WITH THE SCHOOL DISTRICT OF PHILADELPHIA, HIGHER EDUCATION INSTITUTIONS, COMMUNITY ORGANIZATIONS, AND BUSINESSES.PEF'S SHORT TERM OBJECTIVE IS TO INCREASE STUDENTS' COLLEGE READINESS, ENROLLMENT, AND AFFORDABILITY; ITS LONG TERM OBJECTIVE IS TO IMPROVE POSTSECONDARY PERSISTENCE AND COMPLETION FOR STUDENTS FROM HISTORICALLY UNDER RESOURCED SCHOOLS. THROUGH THE PHILADELPHIA SCHOLARS PROGRAM, PEF STEWARDED AN ENDOWMENT THAT AWARDED LAST DOLLAR, GAP FILLING SCHOLARSHIPS TO MORE THAN 100 STUDENTS ANNUALLY AND SUPPORTED RECIPIENTS THROUGH WORKSHOPS, MENTORING, RESOURCE SHARING, AND ASSISTANCE ACCESSING LEVERAGED THIRD PARTY SCHOLARSHIPS. IN THE REPORTING YEAR, PEF DISTRIBUTED $625,000 IN SCHOLARSHIP AID, REDUCING FINANCIAL BARRIERS TO COLLEGE ENROLLMENT AND PERSISTENCE.Expenses $3,427,849 · grants $719,067 · revenue $1,334,464
- TEACHING AND LEARNING:THROUGH ITS TEACHING AND LEARNING AND SCHOOL SERVICES PROGRAMMING, PEF SUPPORTS SCHOOLS, EDUCATORS, AND NONPROFIT PARTNERS IN BUILDING COLLEGE GOING, CAREER READY SCHOOL CULTURES. DURING THE YEAR, PEF PROVIDED PROFESSIONAL DEVELOPMENT, TECHNICAL ASSISTANCE, AND CAPACITY BUILDING SUPPORTS TO AN ESTIMATED 300-400 EDUCATORS AND SCHOOL STAFF.THE SHORT TERM OBJECTIVE OF THIS WORK IS TO STRENGTHEN EDUCATOR PRACTICE AND ALIGN INSTRUCTION WITH COLLEGE AND CAREER EXPECTATIONS; THE LONG TERM OBJECTIVE IS TO EMBED SUSTAINABLE COLLEGE AND CAREER GOING SYSTEMS WITHIN PHILADELPHIA PUBLIC SCHOOLS. BY STRENGTHENING TEACHING AND LEARNING ENVIRONMENTS, PEF MULTIPLIES THE IMPACT OF ITS DIRECT STUDENT SERVICES AND ADVANCES ITS CHARITABLE MISSION TO IMPROVE EDUCATIONAL OUTCOMES CITYWIDE.Expenses $1,049,615 · grants $133,929
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 22-2567982
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1987
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Youth development (O50Z)
- Assets (IRS master file)
- $14,350,614
- Income (IRS master file)
- $5,405,203
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $5,101,734 | $5,061,594 | $14,350,614 | IRS |
| 990 | June 2024 | $4,683,877 | $4,564,204 | $13,864,955 | IRS |
| 990 | June 2023 | $3,867,759 | $4,103,927 | $13,102,729 | XML |
| 990 | June 2022 | $6,752,590 | $3,118,656 | $12,054,730 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2567982).
Questions about THE PHILADELPHIA EDUCATION FUND
- What is the EIN of THE PHILADELPHIA EDUCATION FUND?
- The employer identification number (EIN) of THE PHILADELPHIA EDUCATION FUND is 22-2567982.
- Is THE PHILADELPHIA EDUCATION FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
- Are donations to THE PHILADELPHIA EDUCATION FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THE PHILADELPHIA EDUCATION FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE PHILADELPHIA EDUCATION FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE PHILADELPHIA EDUCATION FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE PHILADELPHIA EDUCATION FUND?
- The 990 for the year ended June 30, 2025 names FARAH JIMENEZ.
- Who are the officers and directors of THE PHILADELPHIA EDUCATION FUND?
- The 990 for the year ended June 30, 2025 lists 27 people; 3 received compensation from the organization, the highest $198,581 (FARAH JIMENEZ, PRESIDENT AND CEO).
- How much revenue does THE PHILADELPHIA EDUCATION FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,101,734, expenses of $5,061,594 and total assets of $14,350,614 at year end.
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- THE THOMAS R KLINE FOUNDATION EIN 38-7066678 · last filed 990-PF for 2025
- BOYS & GIRLS CLUBS OF PHILADELPHIA INC EIN 23-1966756 · last filed 990 for 2025
- NORTH 10 PHILADELPHIA EIN 20-5105110 · last filed 990-PF for 2025
- BIG BROTHERS BIG SISTERS INDEPENDENCE REGION EIN 23-1352034 · last filed 990 for 2024
- PHILADELPHIA YOUTH NETWORK INC EIN 23-2993155 · last filed 990 for 2025
- FEDERATION OF NEIGHBORHOOD CENTERS INC EIN 23-1630073 · last filed 990 for 2024
- PHILADELPHIA OUTWARD BOUND CENTER EIN 56-2472884 · last filed 990 for 2025
- YOUTH ENRICHMENT PROGRAMS EIN 23-2795317 · last filed 990 for 2024
All nonprofits in PHILADELPHIA · Pennsylvania · Youth development