Nonprofit · EIN 04-3088148
NEEDHAM EDUCATION FOUNDATION INC
Tax-exempt · NEEDHAM, MA 02492
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $129,518 | $95,749 | $33,769 | $1,713,868 | $123 | $1,713,745 |
| August 31, 2024 | 990 | $134,176 | $290,192 | -$156,016 | $1,571,940 | $64 | $1,571,876 |
| August 31, 2023 | 990 | $169,520 | $146,527 | $22,993 | $1,534,281 | $636 | $1,533,645 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $52,723
- Program service revenue
- $2,733
- Investment income
- $60,054
- Net gain from sales of assets
- $15,994
- Net income from fundraising events
- $14,008
- Other revenue
- $14,008
Expenses
- Grants and similar amounts paid
- $65,896
- Compensation of officers, directors and key employees
- $11,565
- Salaries, compensation and benefits (total)
- $12,532
- Professional fundraising fees
- $0
- Accounting fees
- $1,475
- Program services (functional)
- $86,005
- Management and general (functional)
- $4,804
- Fundraising (functional)
- $4,940
Balance sheet and other
- Total assets, start of year
- $1,571,940
- Total assets, end of year
- $1,713,868
- Total liabilities, end of year
- $123
- Net assets, end of year
- $1,713,745
- Publicly traded securities
- $1,696,916
- Net assets without donor restrictions
- $1,713,745
- Gross receipts
- $186,450
- Employees
- 1
- Volunteers
- 34
- Year formed
- 1990
- State of legal domicile
- MA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHANIE WALLACE | TREASURER Trustee or director, Officer | 1 | $0 |
| AMY CHAN | DIRECTOR Trustee or director | 0 | $0 |
| DAVID LINDE | DIRECTOR Trustee or director | 0 | $0 |
| MARGARET SHAPIRO | DIRECTOR Trustee or director | 0 | $0 |
| CHRISTINE DESROSIERS | DIRECTOR Trustee or director | 0 | $0 |
| JESSICA CLAYSON | DIRECTOR Trustee or director | 0 | $0 |
| KATHLEEN ALWART | DIRECTOR Trustee or director | 0 | $0 |
| SHEA DUCA | DIRECTOR Trustee or director | 0 | $0 |
| NICOLE HAGLER | DIRECTOR Trustee or director | 0 | $0 |
| JENNY ADU | DIRECTOR Trustee or director | 0 | $0 |
| DAN LEVINE | DIRECTOR Trustee or director | 0 | $0 |
| DAYNA DICICCO | DIRECTOR Trustee or director | 0 | $0 |
| KIM FORNESS | DIRECTOR Trustee or director | 0 | $0 |
| MEAGHAN MARTIN | DIRECTOR Trustee or director | 0 | $0 |
| CHRISTINA MATHEWS | DIRECTOR Trustee or director | 0 | $0 |
19 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GABI OLIVEIRA | DIRECTOR Trustee or director | 0 | $0 |
| MEGAN MCQUIVEY | DIRECTOR Trustee or director | 0 | $0 |
| CINZIA SOLARI | DIRECTOR Trustee or director | 0 | $0 |
| MARISSA TRAEGER | CO-PRESIDENT Trustee or director, Officer | 1 | $0 |
| MAUREEN TROWBRIDGE | DIRECTOR Trustee or director | 0 | $0 |
| MELISSA BAUCOM | DIRECTOR Trustee or director | 0 | $0 |
| ANDREA CUNNINGHAM | CO-PRESIDENT Trustee or director, Officer | 1 | $0 |
| KRISTI DALY | DIRECTOR Trustee or director | 0 | $0 |
| EMILY DILL | DIRECTOR Trustee or director | 0 | $0 |
| MEREDITH FRIEND | DIRECTOR Trustee or director | 0 | $0 |
| JEN MURRAY | DIRECTOR Trustee or director | 0 | $0 |
| KYUNG PARK | DIRECTOR Trustee or director | 0 | $0 |
| DYANNA COTTER | DIRECTOR Trustee or director | 0 | $0 |
| ERIN GOODWIN | DIRECTOR Trustee or director | 0 | $0 |
| JACKIE PERSUIT | DIRECTOR Trustee or director | 0 | $0 |
| JESS POLIQUIN | DIRECTOR Trustee or director | 0 | $0 |
| KATIE DITTMER | DIRECTOR Trustee or director | 0 | $0 |
| KATIE FEINS | DIRECTOR Trustee or director | 0 | $0 |
| DEREK STAMM | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended August 31, 2024: 33 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHANIE WALLACE | TREASURER Trustee or director, Officer | 1 | $0 |
| AMY CHAN | DIRECTOR Trustee or director | 0 | $0 |
| DAVID LINDE | DIRECTOR Trustee or director | 0 | $0 |
| AUBREY GOODMAN | DIRECTOR Trustee or director | 0 | $0 |
| MARGARET SHAPIRO | DIRECTOR Trustee or director | 0 | $0 |
| CHRISTINE DESROSIERS | DIRECTOR Trustee or director | 0 | $0 |
| JESSICA CLAYSON | DIRECTOR Trustee or director | 0 | $0 |
| KATHLEEN ALWART | CO-PRESIDENT Trustee or director, Officer | 1 | $0 |
| SHEA DUCA | DIRECTOR Trustee or director | 0 | $0 |
| NICOLE HAGLER | DIRECTOR Trustee or director | 0 | $0 |
| JENNY ADU | DIRECTOR Trustee or director | 0 | $0 |
| DAN LEVINE | DIRECTOR Trustee or director | 0 | $0 |
| DAYNA DICICCO | DIRECTOR Trustee or director | 0 | $0 |
| KIM FORNESS | DIRECTOR Trustee or director | 0 | $0 |
| MEAGHAN MARTIN | DIRECTOR Trustee or director | 0 | $0 |
| CHRISTINA MATHEWS | DIRECTOR Trustee or director | 0 | $0 |
| KATIE MCGRATH | DIRECTOR Trustee or director | 0 | $0 |
| GABI OLIVEIRA | DIRECTOR Trustee or director | 0 | $0 |
| MEGAN MCQUIVEY | DIRECTOR Trustee or director | 0 | $0 |
| CHERI PUGATCH | DIRECTOR Trustee or director | 0 | $0 |
| MEG ROSENBAUM | DIRECTOR Trustee or director | 0 | $0 |
| PAIGE ROWSE | DIRECTOR Trustee or director | 0 | $0 |
| CINZIA SOLARI | DIRECTOR Trustee or director | 0 | $0 |
| MARISSA TRAEGER | CO-PRESIDENT Trustee or director, Officer | 1 | $0 |
| MAUREEN TROWBRIDGE | DIRECTOR Trustee or director | 0 | $0 |
| MELISSA BAUCOM | DIRECTOR Trustee or director | 0 | $0 |
| ANDREA CUNNINGHAM | DIRECTOR Trustee or director | 0 | $0 |
| KRISTI DALY | DIRECTOR Trustee or director | 0 | $0 |
| EMILY DILL | DIRECTOR Trustee or director | 0 | $0 |
| MEREDITH FRIEND | DIRECTOR Trustee or director | 0 | $0 |
| JEN MURRAY | DIRECTOR Trustee or director | 0 | $0 |
| MEGAN MURPHY | DIRECTOR Trustee or director | 0 | $0 |
| KYUNG PARK | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended August 31, 2023: 32 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHANIE WALLACE | TREASURER Trustee or director, Officer | 1 | $0 |
| KATE DISTASO | DIRECTOR Trustee or director | 0 | $0 |
| DAVID LINDE | DIRECTOR Trustee or director | 0 | $0 |
| AUBREY GOODMAN | DIRECTOR Trustee or director | 0 | $0 |
| MARGARET SHAPIRO | DIRECTOR Trustee or director | 0 | $0 |
| JESSICA CLAYSON | CO-PRESIDENT Trustee or director, Officer | 1 | $0 |
| KATHLEEN ALWART | CO-PRESIDENT Trustee or director, Officer | 1 | $0 |
| VALINE VALBRUN-PAUL | DIRECTOR Trustee or director | 0 | $0 |
| CARYN CONWAY | DIRECTOR Trustee or director | 0 | $0 |
| JENNY ADU | DIRECTOR Trustee or director | 0 | $0 |
| STACEY CAYER | DIRECTOR Trustee or director | 0 | $0 |
| DAYNA DICICCO | DIRECTOR Trustee or director | 0 | $0 |
| KIM FORNESS | DIRECTOR Trustee or director | 0 | $0 |
| ANNIE LOEB | DIRECTOR Trustee or director | 0 | $0 |
| CHRISTINA MATHEWS | DIRECTOR Trustee or director | 0 | $0 |
| KATIE MCGRATH | DIRECTOR Trustee or director | 0 | $0 |
| GABI OLIVEIRA | DIRECTOR Trustee or director | 0 | $0 |
| ABBY PLOUFFE | DIRECTOR Trustee or director | 0 | $0 |
| CHERI PUGATCH | DIRECTOR Trustee or director | 0 | $0 |
| MEG ROSENBAUM | DIRECTOR Trustee or director | 0 | $0 |
| PAIGE ROWSE | DIRECTOR Trustee or director | 0 | $0 |
| CINZIA SOLARI | DIRECTOR Trustee or director | 0 | $0 |
| MARISSA TRAEGER | DIRECTOR Trustee or director | 0 | $0 |
| MAUREEN TROWBRIDGE | DIRECTOR Trustee or director | 0 | $0 |
| MELISSA BAUCOM | DIRECTOR Trustee or director | 0 | $0 |
| ANDREA CUNNINGHAM | DIRECTOR Trustee or director | 0 | $0 |
| KRISTI DALY | DIRECTOR Trustee or director | 0 | $0 |
| EMILY DILL | DIRECTOR Trustee or director | 0 | $0 |
| MEREDITH FRIEND | DIRECTOR Trustee or director | 0 | $0 |
| MEAGHAN MARTIN | DIRECTOR Trustee or director | 0 | $0 |
| MEGAN MURPHY | DIRECTOR Trustee or director | 0 | $0 |
| KYUNG PARK | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 920145, NEEDHAM, MA 02492-0002
- In care of
- % IDA INC
- Principal officer (990 for 2024)
- STEPHANIE WALLACE, PO BOX 920145, NEEDHAM, MA 02492
- Signed the 990
- STEPHANIE WALLACE, TREASURER
- Phone
- (617) 334-8015
- Website
- WWW.NEFNEEDHAM.ORG
- Return prepared by
- TREEFUL DAMASO ANICETO INC
Mission
THE NEEDHAM EDUCATION FOUNDATION IS AN INDEPENDENT COMMUNITY-BASED ORGANIZATION THAT RAISES FUNDS FOR THE ENRICHMENT OF PUBLIC SCHOOL CHILDREN IN NEEDHAM, MASSACHUSETTS. WE FUND GRANTS THAT PROMOTE INNOVATION AND EXCELLENCE FROM PRE-KINDERGARTEN THROUGH HIGH SCHOOL.
Program accomplishments
- GRANTS ARE AWARDED TO SUPPLEMENT ELEMENTARY, MIDDLE, AND HIGH SCHOOL PROGRAMS AND STUDENTS.Expenses $86,005 · grants $65,896 · revenue $18,727
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 04-3088148
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1990
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B95Z)
- Assets (IRS master file)
- $1,713,868
- Income (IRS master file)
- $186,450
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $129,518 | $95,749 | $1,713,868 | XML |
| 990 | August 2024 | $134,176 | $290,192 | $1,571,940 | XML |
| 990 | August 2023 | $169,520 | $146,527 | $1,534,281 | XML |
| 990 | August 2022 | $156,587 | $94,046 | $1,500,901 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 04-3088148).
Questions about NEEDHAM EDUCATION FOUNDATION INC
- What is the EIN of NEEDHAM EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of NEEDHAM EDUCATION FOUNDATION INC is 04-3088148.
- Is NEEDHAM EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to NEEDHAM EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEEDHAM EDUCATION FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NEEDHAM EDUCATION FOUNDATION INC due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NEEDHAM EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of NEEDHAM EDUCATION FOUNDATION INC?
- The 990 for the year ended August 31, 2025 names STEPHANIE WALLACE.
- Who are the officers and directors of NEEDHAM EDUCATION FOUNDATION INC?
- The 990 for the year ended August 31, 2025 lists 34 people; 0 received compensation from the organization.
- How much revenue does NEEDHAM EDUCATION FOUNDATION INC have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $129,518, expenses of $95,749 and total assets of $1,713,868 at year end.
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