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Newburyport Education Foundation

EIN 04-3583906 · Newburyport, MA

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong100 out of 100GovernanceGood86 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

See Schedule O

Income
$476,835
Spending
$451,749
Spent on programs
75%
Reserves
51.4 months of spending
Largest source of income
donations and private grants, 60%
Employees
1
Volunteers
150
Highest pay
$66,096, executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 100 out of 100. Higher than 85% of charities in its peer group (education, $250k to $1m).

  • Reserves

    35 of 35

    Spendable reserves would cover 51.4 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 5% of income.

  • Income trend

    15 of 15

    Income rose 55% on the year before.

  • Spending floor

    15 of 15

    75% of spending went to programs and raising each dollar of donations cost 5 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 86 out of 100. Higher than 77% of charities in its peer group (education, $250k to $1m).

  • Independent board

    25 of 25

    26 of 26 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (11)
  1. $9,732 spent. In 2024, we continued our STEM initiative by supporting additional equipment and supplies at the Breshanan, Nock and Molin Schools. The STEM initiative continued in the High School via grants for equipment including 3D printers, robots and industrial sewing equipment. This program allows our students to enhance their education in science, technology, engineering and math.
  2. $4,508 spent. In 2024, we supported improvements in technology in several disciplines within the district. Some highlights include Chromebooks and Chromebook Carts for the Breshahan school and an auditorium projector at the Nock and Molin schools. Through these grants, we strive to provide the technology necessary for learning.
  3. $11,245 spent. In 2024, business leaders and teachers came together with the Technology Club at the High School to create amazing learning experiences for our students provided by our investments in technologically advanced computers and software for the library, engineering, and art programs.
  4. $71,235 spent. In 2024, we made additional equipment donations in the Newburyport Public Schools to the music programs.
  5. $150,000 spent. In the Summer/Fall of 2024 we completed the renovation of the integrated arts center at Newburyport High School, providing all students access to equipment such as video equipment, cameras and podcast equipment for innovation and creativity using technology.
  6. $50,730 spent. We created a wellness space for all students, Grade 4-8, at the Molin Upper Elementary School and Nock Middle School. We were able to renovate three existing, unused rooms off of the gym to create a warm and welcoming wellness space. This multipurpose space includes a small warm-up room, larger cardio/fitness area and contained yoga/mindfulness area. The Wellness Space continued its support of innovation in Wellness and Physical Education classes, counseling intervention and prevention programming, and restorative disciplinary practices.
  7. $40,879 spent. For many years, the NEF has funded Business Partnership grants in the Spring and Fall. These grants pair teachers with business partners who then work together to create meaningful educational experiences that connect curriculum to the community at large and allow students to see how their skills apply to their community.
  8. In 2024, we made additional equipment donations 71235. 71235. 0.
  9. In the Summer/Fall of 2024 we completed the renovation of the integrated arts center 150000. 150000. 0.
  10. We created a wellness space for all students, Grade 4-8, at the Molin Upper 50730. 46927. 0.
  11. For many years, the NEF has funded Business Partnership grants in the Spring and Fall. These grants 40879. 40879. 0.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since June 2002.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.