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Employer Identification Number 35-2125768

DREXEL FOUNDATION FOR EDUCATIONAL EXCELLENCE is a USA domiciled entity or foreign entity operating in the USA. The EIN ihas been issued by the IRS

Company Name:DREXEL FOUNDATION FOR EDUCATIONAL EXCELLENCE
Employer identification number (EIN):35-2125768
EIN Issuing AuthorityCincinnati, OH
Federal tax statusExempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code

Organization Overview

Mission StatementCHARTER SCHOOL FOR THE PROMOTION OF ACADEMIC EXCELLENCE
Number of Employees175
Number of Volunteers8
Year Formed2003

Organization Governance

Legal DomicileIN
Voting Members - Governing Body7
Voting Members - Independent7

Organization Financials

2023-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 85,116
Program Service Revenue from current yearUSD $ 85,532
Investment Income from prior yearUSD $ 444
Investment Income from current yearUSD $ 14,724
Other Revenue from prior yearUSD $ 54,579
Other Revenue from current yearUSD $ 47,332
Gross receipts from all sourcesUSD $ 15,929,305
Net assets / fund balances at end of fiscal yearUSD $ 5,393,579
Net assets / fund balances at beginning of fiscal yearUSD $ 2,441,245
Total liabilities at end of fiscal yearUSD $ 17,119,879
Total liabilities at beginning of fiscal yearUSD $ 16,223,944
Total assets at end of fiscal yearUSD $ 22,513,458
Total assets at beginning of fiscal yearUSD $ 18,665,189
Revenues less expenses for current yearUSD $ 2,952,334
Revenues less expenses for previous yearUSD $ 1,594,968
Total expenses for current yearUSD $ 12,946,672
Total expenses for previous yearUSD $ 10,867,538
Other expenses in current yearUSD $ 7,279,793
Other expenses in previous yearUSD $ 6,189,182
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Professional fundraising fees from previous yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,666,879
Employee salary and benefits paid in previous yearUSD $ 4,678,356
Benefits paid to or for members in current yearUSD $ 0
Benefits paid to or for members in previous yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Grants and similar amounts paid in previous yearUSD $ 0
Total revenue in current fiscal yearUSD $ 15,899,006
Total revenue in previous fiscal yearUSD $ 12,462,506
Contributions and grants from current yearUSD $ 15,751,418
Contributions and grants from previous yearUSD $ 12,322,367
Gross income from fundraising eventsUSD $ 0
Total of other revenueUSD $ 77,631
2022-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 37,268
Program Service Revenue from current yearUSD $ 85,116
Investment Income from prior yearUSD $ 793
Investment Income from current yearUSD $ 444
Other Revenue from prior yearUSD $ 28,636
Other Revenue from current yearUSD $ 54,579
Gross receipts from all sourcesUSD $ 12,462,506
Net assets / fund balances at end of fiscal yearUSD $ 2,441,245
Net assets / fund balances at beginning of fiscal yearUSD $ 846,277
Total liabilities at end of fiscal yearUSD $ 16,223,944
Total liabilities at beginning of fiscal yearUSD $ 16,629,774
Total assets at end of fiscal yearUSD $ 18,665,189
Total assets at beginning of fiscal yearUSD $ 17,476,051
Revenues less expenses for current yearUSD $ 1,594,968
Revenues less expenses for previous yearUSD $ 1,659,077
Total expenses for current yearUSD $ 10,867,538
Total expenses for previous yearUSD $ 8,667,775
Other expenses in current yearUSD $ 6,189,182
Other expenses in previous yearUSD $ 4,584,703
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,678,356
Employee salary and benefits paid in previous yearUSD $ 4,083,072
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 12,462,506
Total revenue in previous fiscal yearUSD $ 10,326,852
Contributions and grants from current yearUSD $ 12,322,367
Contributions and grants from previous yearUSD $ 10,260,155
Total of other revenueUSD $ 54,579
2021-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 34,673
Program Service Revenue from current yearUSD $ 37,268
Investment Income from prior yearUSD $ 14,780
Investment Income from current yearUSD $ 793
Other Revenue from prior yearUSD $ 65,736
Other Revenue from current yearUSD $ 28,636
Gross receipts from all sourcesUSD $ 10,326,852
Net assets / fund balances at end of fiscal yearUSD $ 846,277
Net assets / fund balances at beginning of fiscal yearUSD $ -812,800
Total liabilities at end of fiscal yearUSD $ 16,629,774
Total liabilities at beginning of fiscal yearUSD $ 17,384,309
Total assets at end of fiscal yearUSD $ 17,476,051
Total assets at beginning of fiscal yearUSD $ 16,571,509
Revenues less expenses for current yearUSD $ 1,659,077
Revenues less expenses for previous yearUSD $ 360,623
Total expenses for current yearUSD $ 8,667,775
Total expenses for previous yearUSD $ 11,674,437
Other expenses in current yearUSD $ 4,584,703
Other expenses in previous yearUSD $ 6,390,835
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 4,083,072
Employee salary and benefits paid in previous yearUSD $ 5,283,602
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 10,326,852
Total revenue in previous fiscal yearUSD $ 12,035,060
Contributions and grants from current yearUSD $ 10,260,155
Contributions and grants from previous yearUSD $ 11,919,871
Total of other revenueUSD $ 28,636
2020-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 88,946
Program Service Revenue from current yearUSD $ 34,673
Investment Income from prior yearUSD $ 22,520
Investment Income from current yearUSD $ 14,780
Other Revenue from prior yearUSD $ 56,476
Other Revenue from current yearUSD $ 65,736
Gross receipts from all sourcesUSD $ 12,035,060
Net assets / fund balances at end of fiscal yearUSD $ -812,800
Net assets / fund balances at beginning of fiscal yearUSD $ -1,173,423
Total liabilities at end of fiscal yearUSD $ 17,384,309
Total liabilities at beginning of fiscal yearUSD $ 17,677,467
Total assets at end of fiscal yearUSD $ 16,571,509
Total assets at beginning of fiscal yearUSD $ 16,504,044
Revenues less expenses for current yearUSD $ 360,623
Revenues less expenses for previous yearUSD $ -507,048
Total expenses for current yearUSD $ 11,674,437
Total expenses for previous yearUSD $ 11,859,052
Other expenses in current yearUSD $ 6,390,835
Other expenses in previous yearUSD $ 6,031,581
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,283,602
Employee salary and benefits paid in previous yearUSD $ 5,827,471
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 12,035,060
Total revenue in previous fiscal yearUSD $ 11,352,004
Contributions and grants from current yearUSD $ 11,919,871
Contributions and grants from previous yearUSD $ 11,184,062
Total of other revenueUSD $ 65,736
2019-06-30
Total unrelated business incomeUSD $ 0
Net unrelated business incomeUSD $ 0
Program Service Revenue from prior yearUSD $ 115,438
Program Service Revenue from current yearUSD $ 88,946
Investment Income from prior yearUSD $ 16,391
Investment Income from current yearUSD $ 22,520
Other Revenue from prior yearUSD $ 16,500
Other Revenue from current yearUSD $ 56,476
Gross receipts from all sourcesUSD $ 11,352,004
Net assets / fund balances at end of fiscal yearUSD $ -1,173,423
Net assets / fund balances at beginning of fiscal yearUSD $ -159,586
Total liabilities at end of fiscal yearUSD $ 17,677,467
Total liabilities at beginning of fiscal yearUSD $ 17,263,077
Total assets at end of fiscal yearUSD $ 16,504,044
Total assets at beginning of fiscal yearUSD $ 17,103,491
Revenues less expenses for current yearUSD $ -507,048
Revenues less expenses for previous yearUSD $ -995,196
Total expenses for current yearUSD $ 11,859,052
Total expenses for previous yearUSD $ 13,109,928
Other expenses in current yearUSD $ 6,031,581
Other expenses in previous yearUSD $ 5,885,260
Total fundraising expenses in current yearUSD $ 0
Professional fundraising fees from current yearUSD $ 0
Employee salary and benefits paid in current yearUSD $ 5,827,471
Employee salary and benefits paid in previous yearUSD $ 7,224,668
Benefits paid to or for members in current yearUSD $ 0
Grants and similar amounts paid in current yearUSD $ 0
Total revenue in current fiscal yearUSD $ 11,352,004
Total revenue in previous fiscal yearUSD $ 12,114,732
Contributions and grants from current yearUSD $ 11,184,062
Contributions and grants from previous yearUSD $ 11,966,403
Total of other revenueUSD $ 56,476

Other Company Names associated with EIN

DREXEL FOUNDATION FOR EDUCATIONAL

Organization Addresses

The following addresses have been detected as associated with Tax Indentification Number 352125768

USA Mailing Address
3401 W 5TH AVENUE
GARY
IN
46404
Date first seen: 2009-01-01
Date last seen: 2024-06-30

Nearby companies/organizations

The following companies are located in the same ZIP code areas:

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