2025-05-13T18:17:51-04:00 2024-06-30 650118209 GARCIA SANTA MARIA DE ARMAS TRUJILLO 135 SAN LORENZO AVE STE 660 CORAL GABLES FL 33146 990 2023-07-01 592468114 THE EDUCATION FUND INC F/K/A DADE PUBLIC EDUCATION FUND IN EDUC 3055584544 6713 MAIN STREET 240 MIAMI LAKES FL 33014 LINDA LECHT PRESIDENT 3055584544 2025-05-13 true false PEDRO DE ARMAS P00440261 3054480404 2025-05-13 2023 2025-03-06 01:10:19Z LINDA LECHT 6713 MAIN STREET 240 MIAMI LAKES FL 33014 6428446 false X WWW.EDUCATIONFUND.ORG X 1984 FL THE PURPOSE OF THE EDUCATION FUND IS TO RAISE FUNDS AND PROVIDE SERVICES TO IMPROVE THE QUALITY OF PUBLIC EDUCATION IN MIAMI DADE COUNTY PUBLIC SCHOOLS. 29 29 16 427 0 6662520 6152935 0 84 149189 96576 126322 6759180 6428446 3493082 3598233 0 1333500 1557412 0 193877 903973 1554219 5730555 6709864 1028625 -281418 7376084 7238039 445958 535948 6930126 6702091 TO RAISE FUNDS AND PROVIDE SERVICES TO IMPROVE THE QUALITY OF EDUCATION IN MIAMI-DADE COUNTY PUBLICSCHOOLS. THE FUND OPERATES THE FOLLOWING PROGRAMS TO ACHIEVE ITS MISSIONS: false false 6256439 3598233 TO RAISE FUNDS AND PROVIDE SERVICES TO IMPROVE THE QUALITY OF EDUCATION IN MIAMIDADE COUNTY PUBLIC SCHOOLS. THE FUND OPERATES THE FOLLOWING PROGRAMS TO ACHIEVE ITS MISSIONS: IDEAS WITH IMPACT 639,465, OCEAN BANK CENTER FOR EDUCATIONAL MATERIALS 3,659,719, TEACH RETENTION/TEACHATHON 205,206, FOOD FOREST FOR SCHOOLS 1,571,506, SMART PATH 180,483 AND TOTAL WAS 6,256,439. 6256439 true true false false false false false false false false true false false false true true true false false false false false false false true false false false true true false false false false false false false false true false false false false false false false false true 162 0 true 16 true false false false false false true true false false false false false false X 29 29 false false false false false false false true true false false true true true true false true true true false FL X LINDA LECHT 3055584544 6713 MAIN STREET SUITE 240 MIAMI LAKES FL 33014 X PABLO J PINO CHAIR 2.00 X X 0 0 0 ERNEST P MODOCK JR VICE CHAIR 2.00 X X 0 0 0 JACKIE MARTINEZSANCHO SECRETARY 2.00 X X 0 0 0 NICK TOOTLE TREASURER 2.00 X X 0 0 0 HECTOR J PONTE IMMEDIATE PA 1.00 X X 0 0 0 ROLANDO AEDO DIRECTOR 1.00 X 0 0 0 BETH BAILEY DIRECTOR 1.00 X 0 0 0 VICTOR R BENITEZ DIRECTOR 1.00 X 0 0 0 JEANELLE BOSCAN DIRECTOR 1.00 X 0 0 0 JENNIFER STEARNS BUTTRICK DIRECTOR 1.00 X 0 0 0 DON CLERVEAUX DIRECTOR 1.00 X 0 0 0 GARFIELD DEBARROS DIRECTOR 1.00 X 0 0 0 DR JOSE L DOTRES DIRECTOR 1.00 X 0 0 0 YASMINE GAHED DIRECTOR 1.00 X 0 0 0 MARIELI GARCIA DIRECTOR 1.00 X 0 0 0 MINDY GRIMES-FESTGE DIRECTOR 1.00 X 0 0 0 JOSE MALLEA DIRECTOR 1.00 X 0 0 0 DANNY MARKS DIRECTOR 1.00 X 0 0 0 JASON MIZRACHI DIRECTOR 1.00 X 0 0 0 MABEL MORRISON DIRECTOR 1.00 X 0 0 0 LEONARDO MOURIO DIRECTOR 1.00 X 0 0 0 LILLIAN M PETERS DIRECTOR 1.00 X 0 0 0 RACHEL PINZUR DIRECTOR 1.00 X 0 0 0 ROSA PRIETO DIRECTOR 1.00 X 0 0 0 DAISY B RODRIGUEZ DIRECTOR 1.00 X 0 0 0 RACHEL SAPOZNIK DIRECTOR 1.00 X 0 0 0 RANDI WOLFSON DIRECTOR 1.00 X 0 0 0 LINDA LECHT PRESIDENT 50.00 X 200996 0 29761 MARIANNE PINK V.P. OF PROG 50.00 X 125979 0 4994 MARILEN MARNET DIR. OF SPON X 108796 0 10592 435771 45347 3 false true false 828973 5323962 3339600 6152935 149189 149189 106442 106442 OTHER INCOME 19880 19880 19880 6428446 19880 149189 3598233 3598233 1236858 976288 110483 150087 230127 181709 20481 27937 90427 71401 8048 10978 22466 20013 2453 108107 106488 1619 16032 14572 1460 1832 1832 CONSULTANTS & CONTRACTED 715993 692984 18134 4875 EDUCATIONAL SUPPLIES 266411 266411 TRAINING AND OUTREACH 195981 195552 429 PRINTING 101119 100553 566 126278 32235 94043 6709864 6256439 259548 193877 3604535 3767298 1259759 693916 2217226 2506863 34363 30833 40379 38379 3832 2000 133801 161998 122568 75131 7376084 7238039 322602 460817 123356 75131 445958 535948 X 667784 1001573 6262342 5700518 6930126 6702091 7376084 7238039 -281418 53383 X false true X true false X 5991303 5912516 5580677 6662520 6152935 30299951 5991303 5912516 5580677 6662520 6152935 30299951 1274864 29025087 618 211 75 84 24 1012 736 169609 204868 96576 126322 598111 30899074 126322 0.93940 0.98290 X PART II, LINE 10 598,111 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31967 31804 163 8412 6575 1837 2000 ROU LIABILITY 75131 75131 X 6584215 53383 102386 155769 6428446 6428446 6812250 102386 102386 6709864 6709864 SCHEDULE D, PAGE 3, PART X THE ORGANIZATION HAS ADOPTED THE PROVISIONS OF ASC NO 740, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("ASC NO 740"). ASC 740 REQUIRED THAT THE IMPACT OF TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS IF THEY ARE MORE LIKELY THAN NOT OF BEING SUSTAINED UPON EXAMINATION. ACCORDINGLY,NO PROVISION FOR INCOME TAXES IS MADE IN THE FINANCIAL STATEMENTS. AT 6/30/24, THERE WERE NO UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES TAX RETURNS WITH US FEDERAL AND OTHER TAX AUTHORITIES FOR WHICH STATUE LIMITATIONS MAY GO BACK TO THE YEAR ENDED 2021. SPECIAL EVENT 106442 106442 106442 106442 106442 true OCEN BANK CENTER FOR EDUC 4377 7552 3057515 FMV OFICE SUPPLIES IDEAS WITH IMPACT GRANTS 143 108733 FMV GRANT SCHOOL/TEACHERS 25168 371852 FMV TEACHER RETENTION/TEACH A 136 52581 FMV SCHEDULE I, PAGE 1, PART I, LINE 2 THE TEACHER GRANT PROGRAMS ARE AVAILABLE ONLY TO MIAMI-DADE COUNTY PUBLIC SCHOOL/EMPLOYEES FOR USE IN A SCHOOL OR CLASSROOM. TEACHERS MUST SUBMIT AN APPLICATION THAT INCLUDES THEIR SCHOOL NAME AND THEIR HOME ADDRESS AS WELL AS A STATEMENT THAT THEY HAVE NOTIFIED THE SCHOOL PRINCIPAL THAT THEY HAVE APPLIED FOR A GRANT TO IMPLEMENT IN THEIR CLASSROOM OR SCHOOL. THE GRANT APPLICATION THE TEACHER FILLS OUT ALSO INCLUDES A DETAILED BUDGET OF HOW THE FUNDS, IF GRANTED WILL BE USED TO IMPLEMENT THE PROJECT IN THEIR SCHOOL OR CLASSROOM. THE WINNING APPLICANTS RECEIVE NOTIFICATION THAT THEY HAVEWON AND THAT THEY WILL BE RESPONSIBLE FOR THE ACCOUNTING OF THE FUNDS ONCE THEY RECEIVED THEIR CHECK AT AN AWARD RECEPTION. AT THE AWARDS RECEPTION, THEY SIGN AN ACKNOWLEDGEMENT FORM THAT STATES THEY HAVE RECEIVED THE FUND SAND WILL USE FOR THEIR SCHOOL PROJECT AND RETURN ANY FUNDS THAT ARE NOT SPENT. WHEN THEY RECEIVE THE FUNDS, THEY ALSO RECEIVE THE FINAL REPORT FORM AND THE EXPENSE REPORT FORM WHICH MUST BE FILLED OUT AND RETURNED TO THE EDUCATION FUND AT THE END OF THE GRANT PERIOD. THE EXPENSE REPORT FORM STATES THAT ALL RECEIPTS FOR THEIR GRANT PURCHASE MUST BE ATTACHED AND ANY UNUSED OR UNSPENT GRANT AWARD FUNDS MUST BE RETURNED TO THE EDUCATION FUND. X X X X false true false false false false false false false LINDA LECHT PRESIDENT 180996 20000 29761 11682 230757 SCHEDULE J, PAGE 1, PART I, LINE 4 LINDA LECHT 0 22,500 0 X 3339600 FMV false false false FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 IS PROVIDED TO EXECUTIVE COMMITTEE MEMBERS FOR THEIR REVIEW BEFORE FILING. FORM 990, PAGE 6, PART VI, LINE 12C EXPLANATION OF MONITORING AND ENFORCEMENT OF CONFLICTS CONFLICT OF INTEREST POLICY DOCUMENTS ARE SIGNED ANNUALLY BY OFFICERS AND DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 15A THE ORGANIZATION'S CEO/PRESIDENT IS HIRED BY THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. COMPENSATION FOR THIS POSITION IS SET BY THE EXECUTIVE COMMITTEE, WHICH IS MADE UP OF INDEPENDENT PERSONS, USING COMPARABILITY DATA. THE OFFER LETTER AND SUBSEQUENT SALARY CHANGES/RAISE ARE DOCUMENTED BY THE CHAIR OF THE EXECUTIVE COMMITTEE AND PLACED IN THE PRESIDENT'S PERSONNEL FILE BY THE ORGANIZATION'S ACCOUNTANT. ALL OTHER EMPLOYEES OF THE ORGANIZATION ARE HIRED BY THE PRESIDENT (I.E. CEO) BASED ON A BUDGET APPROVED BY THE EXECUTIVE COMMITTEE. COMPENSATION IS BASED ON MARKET RATES FOR SIMILAR POSITIONS IN NON PROFITS IN MIAMIDADE. FORM 990, PAGE 6, PART VI, LINE 15B OTHER EMPLOYEES OF THE ORGANIZATION ARE HIRED BY THE PRESIDENT (I.E. CEO) BASED ON A BUDGET APPROVED BY THE EXECUTIVE COMMITTEE. COMPENSATION IS BASED ON MARKET RATES FOR SIMILAR POSITIONS IN NON PROFITS IN MIAMIDADE. FORM 990, PAGE 6, PART VI, LINE 19 GOVERNING DOCUMENTS, THE CONFLICT OF INTEREST POLICY AND AUDITED FINANCIAL STATEMENTS OF THE ORGANIZATION ARE MADE AVAILABLE UPON WRITTEN REQUEST TO THE PRESIDENT. THE MOST FREQUENT REQUESTORS OF THESE DOCUMENTS ARE DONORS OR POTENTIAL DONORS TO THE EDUCATION FUND. ALL REQUESTS ARE HONORED IN A TIMELY FASHION, EITHER BY EMAIL OR BY U.S. MAIL.