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Nonprofit · EIN 22-3242516

MILLBURN EDUCATION FOUNDATION INC

Tax-exempt · MILLBURN, NJ 07041

Financials

$273K$493K2022$180K$220K2023$234K$179K2024
Revenue Expenses · by fiscal year end
Financials of MILLBURN EDUCATION FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$233,520$178,529$54,991$377,117$151,838$225,279
July 31, 2024990$179,887$219,564-$39,677$351,340$181,052$170,288
July 31, 2023990$273,444$492,938-$219,494$509,157$299,192$209,965
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$234,260
Program service revenue
$0
Investment income
$3,891
Net income from fundraising events
-$4,631
Other revenue
-$4,631

Expenses

Grants and similar amounts paid
$153,408
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$2,700
Program services (functional)
$153,408
Management and general (functional)
$13,075
Fundraising (functional)
$12,046

Balance sheet and other

Total assets, start of year
$351,340
Total assets, end of year
$377,117
Total liabilities, end of year
$151,838
Net assets, end of year
$225,279
Publicly traded securities
$104,746
Net assets without donor restrictions
$225,279
Gross receipts
$317,570
Employees
0
Volunteers
0
Year formed
1993
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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
DEEPA KRISHNANCO-CHAIR
Trustee or director, Officer
5$0
JOE SMITHCO-CHAIR
Trustee or director, Officer
5$0
MARIANNA DAVILASECRETARY
Trustee or director, Officer
2$0
SARAH SHULMANTREASURER
Trustee or director, Officer
2$0
JEFF CASSINTRUSTEE
Trustee or director
2$0
MICOLE COHEN RICHTERTRUSTEE
Trustee or director
2$0
LAURA EGETRUSTEE
Trustee or director
2$0
JACK MERIMEETRUSTEE
Trustee or director
2$0
ROMINA PADHITRUSTEE
Trustee or director
2$0
JOANNA PARKER-LENTZTRUSTEE
Trustee or director
2$0
ANYA PARKER-LENTZTRUSTEE
Trustee or director
2$0
DANIEL SAIDELTRUSTEE
Trustee or director
2$0
ABBY SPELTZTRUSTEE
Trustee or director
2$0
BARBARA VARTANIANTRUSTEE
Trustee or director
2$0
990 for the year ended July 31, 2024: 16 people
NameTitleHours / weekCompensation
DEEPA KRISHNANCO-CHAIR
Trustee or director, Officer
5$0
JOE SMITHCO-CHAIR
Trustee or director, Officer
5$0
DAVILA MARIANNASECRETARY
Trustee or director, Officer
2$0
SARAH SHULMANTREASURER
Trustee or director, Officer
2$0
ABBY SPELTZTRUSTEE
Trustee or director
2$0
JEFF CASSINTRUSTEE
Trustee or director
2$0
MICOLE COHEN RICHTERTRUSTEE
Trustee or director
2$0
LAURA EGETRUSTEE
Trustee or director
2$0
ANDY GOLDMANTRUSTEE
Trustee or director
2$0
JACK MERIMEETRUSTEE
Trustee or director
2$0
ROMINA PADHITRUSTEE
Trustee or director
2$0
ANYA PARKER-LENTZTRUSTEE
Trustee or director
2$0
JOANNA PARKER-LENTZTRUSTEE
Trustee or director
2$0
DANIEL SAIDELTRUSTEE
Trustee or director
2$0
STEPHEN TAYLORTRUSTEE
Trustee or director
2$0
BARBARA VARTANIANTRUSTEE
Trustee or director
2$0
990 for the year ended July 31, 2023: 22 people
NameTitleHours / weekCompensation
DEEPA KRISHNANCO-CHAIR
Trustee or director, Officer
5$0
ABBY SPELTZCO-CHAIR
Trustee or director, Officer
5$0
CATE SMITHSECRETARY
Trustee or director, Officer
2$0
HEATHER JENQUINETREASURER
Trustee or director, Officer
2$0
SYLVIA AKWABOAHTRUSTEE
Trustee or director
2$0
MICOLE COHEN RICHTERTRUSTEE
Trustee or director
2$0
SAMEER GOSWAMITRUSTEE
Trustee or director
2$0
GASTON HAUPERTTRUSTEE
Trustee or director
2$0
JORDANA HORN GORDONTRUSTEE
Trustee or director
2$0
TANYA LASHLEYTRUSTEE
Trustee or director
2$0
ROMINA PADHITRUSTEE
Trustee or director
2$0
LAURI PALOMAKITRUSTEE
Trustee or director
2$0
ANYA PARKER-LENTZTRUSTEE
Trustee or director
2$0
JOANNA PARKER-LENTZTRUSTEE
Trustee or director
2$0
DAN SAIDELTRUSTEE
Trustee or director
2$0
JOE SMITHTRUSTEE
Trustee or director
2$0
SUBADHRA SRIDHARANTRUSTEE
Trustee or director
2$0
SHARYN STEINTRUSTEE
Trustee or director
2$0
AMY TALBERTTRUSTEE
Trustee or director
2$0
STEPHEN TAYLORTRUSTEE
Trustee or director
2$0
JING WENTRUSTEE
Trustee or director
2$0
MEILEE ZHENGTRUSTEE
Trustee or director
2$0

Address and contacts

Address (IRS master file)
434 MILLBURN AVE, MILLBURN, NJ 07041-1366
Principal officer (990 for 2024)
SARAH SHULMAN, 434 MILLBURN AVENUE, MILLBURN, NJ 07041
Signed the 990
SARAH SHULMAN, TREASURER
Phone
(973) 298-0775
Return prepared by
JAMES M WOOD CPA

Mission

THE FOUNDATION IS DEDICATED TO ENHANCING CONTINUED EDUCATIONAL EXCELLENCE FOR MILLBURN PUBLIC SCHOOLS (NEW JERSEY) BY PROVIDING FINANCIAL SUPPORT FOR INNOVATIVE AND PROGRESSIVE IMPROVEMENTS THAT ENRICH THE ACADEMIC EXPERIENCE. THE FOUNDATION'S MISSION IS TO ACT AS A CATALYST TO ENHANCE AND SUPPORT LEARNING OPPORTUNITIES FOR STUDENTS, PROVIDE GRANTS FOR INNOVATIVE STUDENT PROGRAMS AND ACTIVITIES, PROVIDE GRANTS TO EDUCATION STAFF TO ESTABLISH QUALITY PROJECTS, FOSTER COMMUNITY AND PRIVATE SECTOR RELATIONSHIPS TO SUPPORT STUDENTS' EDUCATIONAL INTERESTS, AND PROCURE DONATIONS, GRANTS, AND FUNDS TO SUPPORT THE MISSION.

990 for the year ended July 31, 2025

Program accomplishments

  • AWARDED GRANTS TO THE MILLBURN BOARD OF EDUCATION AND TEACHERS IN THE MILLBURN TOWNSHIP SCHOOL DISTRICT TO FUND SPECIFIC PROJECTS WHICH ENHANCE STUDENT'S LEARNING EXPERIENCE.FOR THE YEAR ENDED JULY 31, 2025, $153,408 WAS AWARDED TO THE MILLBURN TOWNSHIP BOARD OF EDUCATION OVER 10 GRANTS. SUMMARY OF LARGEST GRANTS:$65,000 - 001 ONBOARDING/TEAM BUILDING/SUPPORT (DISTRICT-WIDE)$30,000 - 200 MIDDLE SCHOOL STUDENTS TO THE PAPER MILL$21,000 - 002 MATH STACKERS - PROVIDE EACH K-2 TEACHER AND STRATEGIES/RESOURCE ROOM. $11,000 - 100 HIGH-LEVEL TRAVERSING ELEMENT TO MHS OUTDOOR CHALLENGE COURSE$10,000 - 300 SENSORY PATH IN EACH HALLWAY IN WASHINGTON SCHOOL
    Expenses $153,408 · grants $153,408

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 July, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
22-3242516
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
1993
Accounting year ends
July
Files
Form 990 or 990-EZ
Assets (IRS master file)
$377,117
Income (IRS master file)
$317,570

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$233,520$178,529$377,117XML
990July 2024$179,887$219,564$351,340XML
990July 2023$273,444$492,938$509,157XML
990July 2022$179,318$172,303$546,001IRS
990July 2021–––IRS
990July 2020–––IRS
990July 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 22-3242516).

Questions about MILLBURN EDUCATION FOUNDATION INC

What is the EIN of MILLBURN EDUCATION FOUNDATION INC?
The employer identification number (EIN) of MILLBURN EDUCATION FOUNDATION INC is 22-3242516.
Is MILLBURN EDUCATION FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to MILLBURN EDUCATION FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MILLBURN EDUCATION 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 MILLBURN EDUCATION FOUNDATION INC due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MILLBURN EDUCATION FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of MILLBURN EDUCATION FOUNDATION INC?
The 990 for the year ended July 31, 2025 names SARAH SHULMAN.
Who are the officers and directors of MILLBURN EDUCATION FOUNDATION INC?
The 990 for the year ended July 31, 2025 lists 14 people; 0 received compensation from the organization.
How much revenue does MILLBURN EDUCATION FOUNDATION INC have?
On its 990 for the year ended July 31, 2025 it reported revenue of $233,520, expenses of $178,529 and total assets of $377,117 at year end.

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