2025-05-14T10:36:45-05:00 2024-06-30 BRYANS & GRAMUGLIA CPAS LLC 1 PINE WEST PLAZA SUITE 107 ALBANY NY 12205 990 2023-07-01 141810885 ALBANY FUND FOR EDUCATION INC ALBA 5184172107 PO BOX 3110 ALBANY NY 12203 MARI SHOPSIS EXECUTIVE DIRECTOR 5184172107 2025-05-14 1 ROBERT GRAMUGLIA P00454779 5184528055 2025-05-14 2023 2025-03-06 01:10:19Z MARI SHOPSIS PO BOX 3110 ALBANY NY 12203 193574 0 X WWW.ALBANYFUNDFOREDUCATION.ORG X 1999 NY THE ORGANIZATION WAS FORMED TO SUPPORT PROGRAMS AND PROJECTS OF CITY OF ALBANY NY SCHOOLS. 19 19 1 150 0 0 50022 148323 12625 25355 1806 7152 -3741 0 60712 180830 63417 92719 0 0 18749 39565 0 0 12749 8032 27627 90198 159911 -29486 20919 286058 317507 88317 98847 197741 218660 X THE ORGANIZATION WAS FORMED TO SUPPORT PROGRAMS AND PROJECTS OF CITY OF ALBANY NY SCHOOLS. 1 0 27337 27337 GRANTS PROGRAM - ALBANY FUND FOR EDUCATION GRANTS ALLOW TEACHERS AND SCHOOL PERSONNEL TO TRY INNOVATIVE PROJECTS AND COLLABORATIONS, EXPOSE THEIR STUDENTS TO NEW PLACES, PEOPLE, AND IDEAS, AND ENHANCE OPPORTUNITIES FOR STUDENTS TO LEARN, GROW, AND SUCCEED. 25946 25946 22000 SUMMER BACKPACK PROGRAM - PROVIDE 435 STUDENTS WHO WOULD OTHERWISE GO HUNGRY ON WEEKENDS OVER THE SUMMER WITH FOOD BAGS CONTAINING FRESH PRODUCE, BREAD, SHELF STABLE FOODS, AND COUPONS REDEEMABLE FOR MILK AND EGGS EACH WEEKEND FOR EIGHT WEEKS OVER THE SUMMER. 13158 13158 SCHOOL PANTRY PROGRAM - EQUIP FOOD PANTRIES IN TWO SCHOOLS WITH ALL EQUIPMENT NECESSARY TO RUN A FULL-SERVICE SCHOOL FOOD PANTRY FOR STUDENTS, INCLUDING REFRIGERATORS, FREEZERS, AND STORAGE SUPPLIES. PROVIDE AN ALLOWANCE FOR THE PURCHASE OF CULTURALLY-SPECIFIC FOODS FOR EACH SCHOOL. 71827 26278 3355 OTHER PROGRAMS 71827 26278 3355 138268 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 19 19 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 NY X KATHRYN BAMBERGER 5184172107 PO BOX 3110 ALBANY NY 12203 KATHRYN BAMBERGER PRESIDENT 2.00 X X 0 0 0 ASHLEY CHAPPLE DIRECTOR 1.00 X 0 0 0 BARRY WALSTON DIRECTOR 1.00 X X 0 0 0 PAUL COLLINS-HACKETT VICE PRESIDENT 2.00 X 0 0 0 GINNIE FARRELL IMMEDIATE PAST PRESIDENT 2.00 X 0 0 0 LAURA FRANZ DIRECTOR 1.00 X 0 0 0 KHALEL HAMLIN DIRECTOR 1.00 X 0 0 0 KIRSTEN A HERNANDEZ SECRETARY 2.00 X X 0 0 0 SEAN FITZSIMONS DIRECTOR 1.00 X 0 0 0 ORAH LEHOCKEY DIRECTOR 1.00 X 0 0 0 RICH PECKHAM TREASURER 2.00 X X 0 0 0 BROOKE RAVEENDRANATH DIRECTOR 1.00 X 0 0 0 ONNOLEE SMITH DIRECTOR 1.00 X 0 0 0 ANA BANDA-WEMPLE DIRECTOR 1.00 X 0 0 0 DANIEL VAUGHAN-CHERUBIN DIRECTOR 1.00 X 0 0 0 PHILLIP QUINDARA DIRECTOR 1.00 X 0 0 0 WHITNEY MALONE DIRECTOR 1.00 X 0 0 0 NATISHA ALEXANDER DIRECTOR 1.00 X 0 0 0 LISA HALEY THOMSON DIRECTOR 1.00 X 0 0 0 MARI SHOPSIS EXECUTIVE DIRECTOR 30.00 X 35000 0 0 35000 0 0 0 0 0 0 0 7682 140641 148323 FEE FOR SERVICE CONTRA 900099 22000 22000 MANAGEMENT FEE INCOME 900099 1990 1990 OTHER INCOME 900099 1365 1365 25355 7152 7152 12744 7682 12744 0 180830 25355 0 7152 91719 91719 1000 1000 36318 26513 1815 7990 193 141 10 42 3054 2229 153 672 5000 5000 522 381 26 115 496 362 25 109 9101 6643 456 2002 337 337 INSTRUMENT REPAIRS 4984 4984 MEALS AND ENTERTAINMENT 1397 1020 70 307 SPONSORSHIPS 750 750 FILING FEES 150 150 4890 2526 852 1512 159911 138268 8894 12749 41537 48979 211501 263066 30000 1400 3020 3020 1042 286058 317507 7637 13816 80680 85031 88317 98847 X 156276 196268 41465 22392 197741 218660 286058 317507 20919 0 X X 1 X 0 1 0 X 129696 260120 130459 189192 148323 857790 129696 260120 130459 189192 148323 857790 857790 1344 699 316 510 7152 10021 867811 129370 0.98850 0.99580 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 DUE TO FISCALLY SPONSORED ENTITIES 85031 85031 X 193574 0 193574 -12744 -12744 180830 172655 12744 12744 159911 0 159911 PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED FASB ASC 740-10 WHICH REQUIRES ENTITIES TO DISCLOSE IN THEIR FINANCIAL STATEMENTS THE NATURE OF ANY UNCERTAINTY IN THEIR TAX POSITION. FOR TAX-EXEMPT ENTITIES, THEIR TAX-EXEMPT STATUS ITSELF IS DEEMED TO BE AN UNCERTAINTY, SINCE EVENTS COULD OCCUR TO JEOPARDIZE THEIR TAX-EXEMPT STATUS. HOWEVER, THE ORGANIZATION HAS NO KNOWLEDGE OF EVENTS OR CIRCUMSTANCES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION IMPLEMENTED FASB ASC 740-10 AND ITS CURRENT ACCOUNTING POLICY FOR EVALUATING UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. THE ORGANIZATION HAS NOT RECOGNIZED ANY BENEFITS FROM UNCERTAIN TAX POSITIONS IN 2023/2024 AND BELIEVES IT HAS NO UNCERTAIN TAX POSITIONS FOR WHICH IT IS REASONABLY POSSIBLE THAT THE TOTAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS WILL SIGNIFICANTLY INCREASE OR DECREASE WITHIN 12 MONTHS OF THE STATEMENT OF FINANCIAL POSITION DATE. THE ORGANIZATION EVALUATED ITS TAX POSITION AND CONCLUDED THAT ALL THE POSITIONS TAKEN BY THE ORGANIZATION WOULD MORE LIKELY THAN NOT BE SUSTAINED UPON EXAMINATION, BASED ON TECHNICAL MERITS. THE INFORMATION RETURNS OF THE ORGANIZATION FOR 2021, 2022, AND 2023 ARE SUBJECT TO EXAMINATION BY TAX AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 4B - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES -12,744. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 12,744. ANNUAL GALA 20426 7682 12744 2371 4311 1875 4187 20426 7682 12744 2371 4311 1875 4187 12744 0 0 HOMELESS AND TRAVELERS AID SOCIETY 138 CENTRAL AVENUE ALBANY NY 12206 141482188 501(C)(3) 8000 0 THE FEED AND READ PROGRAM ADMINISTERED BY HATAS 1 0 FORM 990, PART III, LINE 2 NEW TEACHER GRANTS- PROVIDE TEACHERS WHO ARE NEW TO ALBANY WITH A $100 "WELCOME GRANT" TO HELP THEM SET UP THEIR CLASSROOMS. FORM 990, PART VI, SECTION A, LINE 2 DIRECTOR PHILLIP QUINDARA AND TREASURER RICH PECKHAM BOTH WORK FOR CSARCH. DIRECTOR KHALEL HAMLIN AND VICE PRESIDENT PAUL COLLINS-HACKETT BOTH WORK FOR RED BOOKSHELF. FORM 990, PART VI, SECTION A, LINE 8B COMMITTEES REPORT TO THE BOARD AND THEIR ACTIONS ARE RECORDED IN THE BOARD MINUTES. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PROVIDED TO ITS GOVERNING BODY AFTER IT IS REVIEWED BY THE EXECUTIVE DIRECTOR AND TREASURER. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS COMPLETE CONFLICT OF INTEREST FORMS AT THE BEGINNING OF THE YEAR. BOARD MEMBERS WHO HAVE A CONFLICT OF INTEREST ABSTAIN FROM DECISIONS INVOLVING RELATED PARTIES. FORM 990, PART VI, SECTION B, LINE 15A BOARD EXECUTIVE COMMITTEE REVIEWS ACTUAL HOURS WORKED, RESULTS, AVAILABLE FUNDS, AND COMPARABLE PAY RATES AND DETERMINES NUMBER OF HOURS AND RATE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION WILL MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 - PART XII - LINE 2C - THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR.