Nonprofit · EIN 22-2871770
SUMMIT EDUCATIONAL FOUNDATION INC
Tax-exempt · SUMMIT, NJ 07902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $661,861 | $506,499 | $155,362 | $7,268,741 | $554,450 | $6,714,291 |
| June 30, 2024 | 990 | $549,362 | $708,184 | -$158,822 | $6,988,462 | $858,721 | $6,129,741 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $232,435
- Program service revenue
- $0
- Investment income
- $314,554
- Net gain from sales of assets
- $146,334
- Net income from fundraising events
- $114,872
- Other revenue
- $114,872
Expenses
- Grants and similar amounts paid
- $437,503
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $21,225
- Program services (functional)
- $437,503
- Management and general (functional)
- $34,984
- Fundraising (functional)
- $34,012
Balance sheet and other
- Total assets, start of year
- $6,988,462
- Total assets, end of year
- $7,268,741
- Total liabilities, end of year
- $554,450
- Net assets, end of year
- $6,714,291
- Net assets without donor restrictions
- $6,216,190
- Net assets with donor restrictions
- $498,101
- Gross receipts
- $1,436,330
- Employees
- 0
- Volunteers
- 80
- Year formed
- 1986
- State of legal domicile
- NJ
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 |
|---|---|---|---|
| MELISSA MADDEN | CO-PRESIDENT Trustee or director, Officer | 10 | $0 |
| HEATHER THOMAS | CO-PRESIDENT Trustee or director, Officer | 10 | $0 |
| AMANDA DARNOWSKI | SECRETARY Trustee or director, Officer | 10 | $0 |
| RACHEL CALLAHAN | TREASURER Trustee or director, Officer | 5 | $0 |
| LESLEY ARLEIN | TRUSTEE Trustee or director | 1 | $0 |
| NICOLE ABBOTT | TRUSTEE Trustee or director | 1 | $0 |
| MATTHEW CARDER | TRUSTEE Trustee or director | 1 | $0 |
| LAURA LAMEO | TRUSTEE Trustee or director | 1 | $0 |
| SUSAN DANIEL | TRUSTEE Trustee or director | 1 | $0 |
| CHELLE DONNELLY | TRUSTEE Trustee or director | 1 | $0 |
| JODI ENGLERT | TRUSTEE Trustee or director | 1 | $0 |
| TIME ERDAY | TRUSTEE Trustee or director | 1 | $0 |
| PAUL LAMEO | TRUSTEE Trustee or director | 1 | $0 |
| LAURA MADDEN | TRUSTEE Trustee or director | 1 | $0 |
| JOHN MELL | TRUSTEE Trustee or director | 1 | $0 |
8 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LAUREN POST | TRUSTEE Trustee or director | 1 | $0 |
| TEAL RODRIGUEZ | TRUSTEE Trustee or director | 1 | $0 |
| THERESA MARTIN | TRUSTEE Trustee or director | 1 | $0 |
| JUDY SHUE | TRUSTEE Trustee or director | 1 | $0 |
| KELLY STANTON | TRUSTEE Trustee or director | 1 | $0 |
| NICOLE TARTAGLIA | TRUSTEE Trustee or director | 1 | $0 |
| LORI TULLOCH | TRUSTEE Trustee or director | 1 | $0 |
| SAMANTHA WHITE | TRUSTEE Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 21 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MELISSA MADDEN | CO-PRESIDENT Trustee or director, Officer | 10 | $0 |
| HEATHER THOMAS | CO-PRESIDENT Trustee or director, Officer | 10 | $0 |
| AMY BURKE | SECRETARY Trustee or director, Officer | 10 | $0 |
| THERESA COWING | TREASURER Trustee or director, Officer | 5 | $0 |
| LESLEY ARLEIN | TRUSTEE Trustee or director | 1 | $0 |
| RACHEL CALLAHAN | TRUSTEE Trustee or director | 1 | $0 |
| MATTHEW CARDER | TRUSTEE Trustee or director | 1 | $0 |
| SUSAN DANIEL | TRUSTEE Trustee or director | 1 | $0 |
| CHELLE DONNELLY | TRUSTEE Trustee or director | 1 | $0 |
| JODI ENGLERT | TRUSTEE Trustee or director | 1 | $0 |
| TIM ERDAY | TRUSTEE Trustee or director | 1 | $0 |
| LAURA MADDEN | TRUSTEE Trustee or director | 1 | $0 |
| KEIRA MATHEY | TRUSTEE Trustee or director | 1 | $0 |
| JOHN MELL | TRUSTEE Trustee or director | 1 | $0 |
| PETE PARDO | TRUSTEE Trustee or director | 1 | $0 |
| LAUREN POST | TRUSTEE Trustee or director | 1 | $0 |
| DAWN REMPELL | TRUSTEE Trustee or director | 1 | $0 |
| TEAL RODRIGUEZ | TRUSTEE Trustee or director | 1 | $0 |
| KELLY STANTON | TRUSTEE Trustee or director | 1 | $0 |
| LORI TULLOCH | TRUSTEE Trustee or director | 1 | $0 |
| SUNITA VISWANATH | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 268, SUMMIT, NJ 07902-0268
- Principal officer (990 for 2024)
- RACHEL CALLAHAN, PO BOX 268, SUMMIT, NJ 079020268
- Signed the 990
- RACHEL CALLAHAN, TREASURER
- Phone
- (908) 400-8756
- Website
- SEFNJ.ORG
- Return prepared by
- JAMES M WOOD CPA
Mission
TO MAINTAIN AND ENHANCE THE HIGH QUALITY OF A SUMMIT, NEW JERSEY PUBLIC SCHOOL EDUCATION THROUGH COMMUNITY FUNDING OF INNOVATIVE AND ESSENTIAL EDUCATIONAL GRANTS, A CLOSE WORKING RELATIONSHIP WITH THE SCHOOL DISTRICT, AND CAREFUL REVIEW, EVALUATION AND FINANCIAL OVERSIGHT OF SUPPORTED INITIATIVES.
Program accomplishments
- THE ANNUAL FUND OF THE SUMMIT EDUCATION FOUNDATION ENCOURAGES AND FUNDS TEACHER AND DISTRICT-INITIATED PROGRAMS THAT ADVANCE THE CURRICULUM AND DISTRICT OBJECTIVES. DURING THE 2024-25 FISCAL YEAR, 47 GRANTS TOTALING $238,239 WERE AWARDED FROM THE ANNUAL FUND. THE LARGEST GRANT AWARDS FUNDED THE FOLLOWING INITIATIVES:EXPANSION OF PANORAMA: A VIEW OF THE WHOLE CHILD - $41,704EXTENDING FORMATIVE LICENSE TO ENHANCE INSTRUCTION, ASSESSMENT, AND DATA-DRIVEN PRACTICE - $17,534TEACHING WITH DIGNITY - $16,760ADJUSTABLE DESKS AND SEATING FOR STUDENT PRODUCTIVITY AND WELL-BEING - $12,958MUSIC THERAPY - $11,200Expenses $238,239 · grants $238,239
- THE ENDOWMENT FUND OF THE SUMMIT EDUCATIONAL FOUNDATION PROVIDES FUNDING FOR STRATEGIC LONG-TERM INITIATIVES CRITICAL TO THE HEALTH OF THE DISTRICT AND ITS ABILITY TO PROVIDE AN EXCELLENT EDUCATIONAL EXPERIENCE FOR ITS STUDENTS. THE ENDOWMENT FUND WAS CREATED AS A WAY TO ENSURE FUTURE FUNDING TO DEVELOP NEW CURRICULUM INITIATIVES AND PROVIDE PROFESSIONAL DEVELOPMENT TO MEET THE NEEDS OF 21ST CENTURY LEARNERS. DURING THE FISCAL YEAR ENDED JUNE 30, 2025, GRANT AWARDED TOTALED $183,335. THE LARGEST GRANT AWARDS FUNDED THE FOLLOWING INITIATIVES:MIDDLE SCHOOL STEAM ENHANCEMENT - $42,840YOUNG TECHNICIANS: ENHANCING STEAM & THEATRE TECHNOLOGY RESOURCES TO SUPPORT ELEMENTARY THEATRE - $21,657AT RISK MENTORING PROGRAM GRADES/AREAS: GRADES 6-8 SCHOOLS: LCJSMS - $15,000Expenses $183,335 · grants $183,335
- THE SUMMIT EDUCATIONAL FOUNDATION FUNDED SPECIFIC GRANTS WITH CONTRIBUTIONS RECEIVED SUBJECT TO DONOR-IMPOSED RESTRICTIONS.Expenses $15,929 · grants $15,929
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
- 22-2871770
- 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
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,268,741
- Income (IRS master file)
- $1,436,330
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $661,861 | $506,499 | $7,268,741 | XML |
| 990 | June 2024 | $549,362 | $708,184 | $6,988,462 | XML |
| 990 | June 2023 | $689,080 | $656,474 | $6,545,923 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 22-2871770).
Questions about SUMMIT EDUCATIONAL FOUNDATION INC
- What is the EIN of SUMMIT EDUCATIONAL FOUNDATION INC?
- The employer identification number (EIN) of SUMMIT EDUCATIONAL FOUNDATION INC is 22-2871770.
- Is SUMMIT EDUCATIONAL FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to SUMMIT EDUCATIONAL FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SUMMIT EDUCATIONAL FOUNDATION INC 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 SUMMIT EDUCATIONAL FOUNDATION INC 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 SUMMIT EDUCATIONAL FOUNDATION INC 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 SUMMIT EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 names RACHEL CALLAHAN.
- Who are the officers and directors of SUMMIT EDUCATIONAL FOUNDATION INC?
- The 990 for the year ended June 30, 2025 lists 23 people; 0 received compensation from the organization.
- How much revenue does SUMMIT EDUCATIONAL FOUNDATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $661,861, expenses of $506,499 and total assets of $7,268,741 at year end.
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