Education
(B90)
IRS Verified
DX Registered
990 on File
NEWBURYPORT EDUCATION FOUNDATION
Financial strength (30%)
88/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The Newburyport Education Foundation (NEF) is a non-profit organization formed to enhance educational opportunities for the city’s public school children, the goal of the NEF is to supplement funding for programs which are already supported by public financing at a basic level, but which can be substantially improved by additional private sector financing, and to finance programs that might not receive funding from traditional sources such as the district budget or state aid.
Financial Overview — FY 2023
$307K
Total Revenue
$401K
Total Expenses
$1.8M
Net Assets
1
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
76.0%
Fundraising Efficiency
2.9%
Operating Reserve
53.61x
Liability-to-Asset
0.6%
Revenue Diversification
56.4%
Executive Compensation
$62K
Compared with Peers
FY 2023
Compared with 21,283 similar organizations
(United States, Education, $100K–$1M in expenses), FY 2023.
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
|
76.0% | 88.7% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
22.9% | 8.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
1.1% | 0.0% |
P10P90
|
Below median |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
2.9% | 1.9% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
53.6 mo | 9.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.6% | 0.5% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
56.4% | 90.2% |
P10P90
|
Top quarter |
|
Revenue growth
Year over year revenue growth
|
-5.2% | 8.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.3% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-30.5% | 2.3% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $307K | $401K | $1.8M | 76.0% | 1 |
| 2022 | $324K | $377K | $1.7M | 76.7% | 1 |
| 2021 | $1.1M | $235K | N/A | — | 1 |
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