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THE FORMAN S ACTON EDUCATIONAL FOUNDATION INC

THE FORMAN S ACTON EDUCATIONAL FOUNDATION INC

SALEM, NJ, US
•
501(c)(3)
•
EIN
47-1997891
•
WWW.FORMANSCHOLARS.ORG
•
Open for Solicitation
Private Foundation
Regional Funder
funder logo

THE FORMAN S ACTON EDUCATIONAL FOUNDATION INC

SALEM, NJ, US
•
501(c)(3)
•
EIN
47-1997891
•
WWW.FORMANSCHOLARS.ORG
•
Open for Solicitation
Private Foundation
Regional Funder
Overview
Programs
990s
Income Statement
Balance Sheet
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Balance Sheet

Fiscal Year Start:
Jan 1
Assets in 2024 (Year End)

$38,988,556

Investments
98%
Cash & Equivalents
2%
Receivables (Non-Related)
0%
Related-Party Receivables
0%
Inventories
0%
Prepaid Expenses
0%
Property, Plant, & Equipment (net)
0%
Other Assets
0%
Liabilities in 2024 (Year End)

$14,258

Payables & Accruals
>99%
Grants Payable
0%
Deferred Revenue
0%
Tax-Exempt Bond Liabilities
0%
Custodial & Escrow Liabilities
0%
Notes Payable / Debt (Non-Related)
0%
Related-Party Payables
0%
Other Liabilities
0%
Tax-Exempt Bond Liabilities
N/A
Custodial & Escrow Liabilities
N/A
Assets
2023
2024
Change
Cash & Equivalents
$270,552
$662,829
+145%
Receivables (Non-Related)
-
-
-
Related-Party Receivables
-
-
-
Inventories
-
-
-
Prepaid Expenses
-
-
-
Investments
$37,279,440
$38,325,727
+3%
Property, Plant, & Equipment (net)
-
-
-
Other Assets
-
-
-
Total Assets
$37,549,992
$38,988,556
+4%
Liabilities
2023
2024
Change
Payables & Accruals
$10,183
$14,258
+40%
Grants Payable
-
-
-
Deferred Revenue
-
-
-
Tax-Exempt Bond Liabilities
N/A
N/A
N/A
Custodial & Escrow Liabilities
N/A
N/A
N/A
Notes Payable / Debt (Non-Related)
-
-
-
Related-Party Payables
-
-
-
Other Liabilities
$136
$0
-100%
Total Liabilities
$10,319
$14,258
+38%
Net assets
2023
2024
Change
Restricted Net Assets
-
-
-
Unrestricted Net Assets
$37,539,673
$38,974,298
+4%
Net assets
2023
2024
Change
Net assets
+$37,539,673
+$38,974,298
+4%
Balance Sheet
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