Education (B95Z) IRS Verified DX Registered 990 on File

NEEDHAM EDUCATION FOUNDATION INC

EIN: 04-3088148 · NEEDHAM, MA 02492-0002 · United States · FY 2025 Data

3 out of 5 58 / 100 Based on 2+ years of filings

Financial strength (30%) 86/100

Reliability (20%) 55/100

Effectiveness (25%) 83/100

Impact (25%) No data yet

Financial data: FY 2025 · Scored 9/13/2026

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Mission Statement

The Needham Education Foundation raises funds and awards grants to promote innovation and excellence in education for Needham public school students. By funding leading-edge programs that are outside of normal and expected public funding, the NEF enhances the curriculum and provides an important means for teachers, parents and students to learn, experiment and explore.

Financial Overview — FY 2025

$130K

Total Revenue

$96K

Total Expenses

$1.7M

Net Assets

Employees

Revenue Sources

Expense Breakdown

Program Expense Ratio 89.8%

Fundraising Efficiency 29.2%

Operating Reserve 214.78x

Liability-to-Asset 0.0%

Revenue Diversification 46.4%

Executive Compensation $12K

Compared with Peers

FY 2025

Compared with 13,695 similar organizations (United States, Education, under $100K in expenses), FY 2025.

This organization Middle half of peers (P25–P75) Peer median

Ratio	This org	Peer median	Position (P10 → P90)
Program expense ratio Program expenses / total expenses · higher is better	89.8%	87.0%	P10P90	Above median
Admin expense ratio Management and general / total expenses · lower is better	5.0%	6.6%	P10P90	Above median
Fundraising expense ratio Fundraising expenses / total expenses · lower is better	5.2%	0.0%	P10P90	Bottom quarter
Fundraising efficiency Fundraising expenses / gross fundraising income · lower is better	29.2%	38.7%	P10P90	Above median
Operating reserve Months of expenses covered by net assets · higher is better	214.8 mo	18.3 mo	P10P90	Top quarter
Liabilities to assets Total liabilities / total assets · lower is better	0.0%	0.0%	P10P90	Bottom quarter
Revenue concentration Share of revenue from the largest source · lower is better	46.4%	81.6%	P10P90	Above median
Revenue growth Year over year revenue growth	-3.5%	0.7%	P10P90
Expense growth Year over year expense growth	-67.0%	0.0%	P10P90
Surplus margin Surplus as a share of revenue	26.1%	10.7%	P10P90

Financial History

Year	Revenue	Expenses	Net Assets	Program %	Staff
2025	$130K	$96K	$1.7M	89.8%	1
2024	$134K	$290K	$1.6M	96.9%	1
2023	$170K	$147K	$1.5M	90.4%	1
2022	$157K	$94K	$1.5M	87.9%	1
2021	$313K	$448K	N/A	—	1

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Organization Details

EIN: 04-3088148
State: MA
City: NEEDHAM
ZIP: 02492-0002
Classification: B95Z
Category: Education
Rating: 3★
Coverage: A
Last Updated: Aug 2026
IRS Ruling Year: 1990
Foundation Code: 15
Form 990: On File

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CharityAI™ rates charities from 0 to 100 using public filings (IRS Form 990 and the equivalent registries outside the US) together with the information the charity itself provides on DonationX. Ratings are recalculated every quarter, without human bias, and shown as stars.

Four pillars

Financial strength30%

Program expense ratio, fundraising efficiency, operating reserves, liabilities and revenue diversification, compared with similar organizations.

Reliability20%

Standing with the registry, filing history, verification and how complete the profile is.

Effectiveness25%

How much goes to programs and how consistently the organization delivers them.

Impact25%

The outcomes the charity reports on DonationX: people served, cost per service and results.

Stars

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The coverage grade (A to D) says how much filing data the score rests on; NONE means there is not enough to rate.
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