Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1987.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
76 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
13 people listed on the 990; $627K paid to officers and key staff.
David Nash’s $209K as Director of Legal One is at the 84th percentile of top reported officer pay among 3394 $1–10M education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2024 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| David Nash | $208,723 | $206,623 | $202,572 | $193,808 | $190,944 | $187,200 |
| Donna McInerney | $194,875 | $195,000 | $176,385 | $168,754 | $166,260 | $163,000 |
| Mary Reece | $168,691 | — | — | — | — | — |
| Mary M Reece | — | $167,495 | $164,211 | $157,107 | — | — |
| Mary Reese | — | — | — | — | $155,551 | $122,000 |
| Angelina Finnegan | $127,158 | — | — | — | $114,444 | $112,200 |
| Angelinia Finnegan | — | — | $120,360 | $117,422 | — | — |
| John Worthington | $108,988 | — | — | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Improves education administration across New Jersey.
Questions for Foundation for Educational Administration INC
Your first name shows with your question. Foundation for Educational Administration INC answers here, for everyone.
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Professional development programs designed for principals and supervisors of new jersey schools
Professional development program designed to accredit new supervisors and principals in new jersey
Administering on behalf of the state of new jersey a two year mentoring program for new school administrators in the state of new jersey.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $532K | $822K |
| Land, buildings, equipmentLn 10c | $5.8M | $5.4M |
| Total assetsLn 16 | $7.5M | $7.5M |
| LiabilitiesLn 26 | $4.7M | $4.4M |
| Net assetsLn 32 | $2.8M | $3.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $166K | $143K | $23K | |
| Other salaries and wagesLn 7 | $1.7M | $1.4M | $235K | |
| Pension plan contributionsLn 8 | $129K | $111K | $18K | |
| Other employee benefitsLn 9 | $163K | $141K | $23K | |
| Payroll taxesLn 10 | $208K | $179K | $29K | |
| Management feesLn 11a | $28K | $28K | ||
| Legal feesLn 11b | $91K | $91K | ||
| Other fees for servicesLn 11g | $272 | $272 | ||
| Office expensesLn 13 | $116K | $71K | $46K | |
| Information technologyLn 14 | $42K | $22K | $20K | |
| OccupancyLn 16 | $202K | $162K | $40K | |
| Conferences, conventions and meetingsLn 19 | $399 | $399 | ||
| InterestLn 20 | $57K | $57K | ||
| Depreciation, depletion and amortizationLn 22 | $331K | $232K | $99K | |
| InsuranceLn 23 | $33K | $33K | ||
| Other expenses (24a–d)Ln 24 | $2.6M | $1.9M | $676K | |
| Total functional expensesLn 25 | $5.8M | $4.4M | $1.4M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 | $6.5M | $7.2M | −$689K | $4.4M | 990 PDF |
| FY2023 | $7.2M | $7.6M | −$344K | $5.1M | 990 PDF |
| FY2022 | $9.1M | $6.8M | $2.3M | $5.4M | 990 PDF |
| FY2021 Viewing | $6.1M | $5.8M | $302K | $3.1M | 990 PDF |
| FY2020 | $6.0M | $6.3M | −$252K | $2.8M | 990 PDF |
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Schedules filed Part IV
See the full FY2021 990 (6 parts)
Part I · Summary $6,131,360 revenue, 12 lines filed
Part VI · Governance 6 of 6 board members independent, 1 to look at
Part VIII · Statement of revenue $6,131,360 across 8 lines filed
Part IX · Statement of functional expenses $5,828,936 across 16 lines filed
Part X · Balance sheet $7,511,620 assets, 14 lines filed
Part XI · Reconciliation of net assets $3,114,891 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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