Nonprofit · EIN 14-1810885
ALBANY FUND FOR EDUCATION INC
Tax-exempt · ALBANY, NY 12210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $242,944 | $200,574 | $42,370 | $389,062 | $128,032 | $261,030 |
| June 30, 2024 | 990 | $180,830 | $159,911 | $20,919 | $317,507 | $98,847 | $218,660 |
| June 30, 2023 | 990 | $60,712 | $90,198 | -$29,486 | $286,058 | $88,317 | $197,741 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $209,014
- of which government grants
- $43,542
- Program service revenue
- $24,243
- Investment income
- $7,907
- Net income from fundraising events
- $1,780
- Other revenue
- $1,780
Expenses
- Grants and similar amounts paid
- $49,659
- Compensation of officers, directors and key employees
- $37,641
- Other salaries and wages
- $4,344
- Salaries, compensation and benefits (total)
- $46,365
- Professional fundraising fees
- $0
- Accounting fees
- $5,500
- Occupancy
- $2,500
- Program services (functional)
- $175,388
- Management and general (functional)
- $10,523
- Fundraising (functional)
- $14,663
Balance sheet and other
- Total assets, start of year
- $317,507
- Total assets, end of year
- $389,062
- Total liabilities, end of year
- $128,032
- Net assets, end of year
- $261,030
- Net assets without donor restrictions
- $225,432
- Net assets with donor restrictions
- $35,598
- Gross receipts
- $259,642
- Employees
- 1
- Volunteers
- 150
- Year formed
- 1999
- State of legal domicile
- NY
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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| MARI SHOPSIS | EXECUTIVE DIRECTOR Officer | 30 | $0 | $37,900 |
| KATHRYN BAMBERGER | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| PAUL COLLINS-HACKETT | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| KIRSTEN A HERNANDEZ | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| RICH PECKHAM | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| GINNIE FARRELL | IMMEDIATE PAST PRESIDENT Trustee or director | 2 | $0 | $0 |
| LAURA FRANZ | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KHALEL HAMLIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ASHLEY CHAPPLE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| SEAN FITZSIMONS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ORAH LEHOCKEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BROOKE RAVEENDRANATH | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DANIEL VAUGHAN-CHERUBIN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| PHILLIP QUINDARA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WHITNEY MALONE | DIRECTOR Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NATISHA ALEXANDER | DIRECTOR Trustee or director | 1 | $0 |
| LISA HALEY THOMSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARI SHOPSIS | EXECUTIVE DIRECTOR Officer | 30 | $35,000 |
| KATHRYN BAMBERGER | PRESIDENT Trustee or director, Officer | 2 | $0 |
| ASHLEY CHAPPLE | DIRECTOR Trustee or director | 1 | $0 |
| BARRY WALSTON | DIRECTOR Trustee or director, Officer | 1 | $0 |
| PAUL COLLINS-HACKETT | VICE PRESIDENT Trustee or director | 2 | $0 |
| GINNIE FARRELL | IMMEDIATE PAST PRESIDENT Trustee or director | 2 | $0 |
| LAURA FRANZ | DIRECTOR Trustee or director | 1 | $0 |
| KHALEL HAMLIN | DIRECTOR Trustee or director | 1 | $0 |
| KIRSTEN A HERNANDEZ | SECRETARY Trustee or director, Officer | 2 | $0 |
| SEAN FITZSIMONS | DIRECTOR Trustee or director | 1 | $0 |
| ORAH LEHOCKEY | DIRECTOR Trustee or director | 1 | $0 |
| RICH PECKHAM | TREASURER Trustee or director, Officer | 2 | $0 |
| BROOKE RAVEENDRANATH | DIRECTOR Trustee or director | 1 | $0 |
| ONNOLEE SMITH | DIRECTOR Trustee or director | 1 | $0 |
| ANA BANDA-WEMPLE | DIRECTOR Trustee or director | 1 | $0 |
| DANIEL VAUGHAN-CHERUBIN | DIRECTOR Trustee or director | 1 | $0 |
| PHILLIP QUINDARA | DIRECTOR Trustee or director | 1 | $0 |
| WHITNEY MALONE | DIRECTOR Trustee or director | 1 | $0 |
| NATISHA ALEXANDER | DIRECTOR Trustee or director | 1 | $0 |
| LISA HALEY THOMSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2023: 20 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARI SHOPSIS | EXECUTIVE DIRECTOR Officer | 30 | $32,340 |
| KATHRYN BAMBERGER | PRESIDENT Trustee or director, Officer | 2 | $0 |
| ASHLEY CHAPPLE | DIRECTOR Trustee or director | 1 | $0 |
| PAUL COLLINS-HACKETT | DIRECTOR Trustee or director | 1 | $0 |
| ANNE ERLING | DIRECTOR Trustee or director | 1 | $0 |
| GINNIE FARRELL | IMMEDIATE PAST PRESIDENT Trustee or director | 2 | $0 |
| LAURA FRANZ | DIRECTOR Trustee or director | 1 | $0 |
| FAITH SKERVIN | DIRECTOR Trustee or director | 1 | $0 |
| KIRSTEN A HERNANDEZ | SECRETARY Trustee or director, Officer | 2 | $0 |
| SEAN FITZSIMONS | DIRECTOR Trustee or director | 1 | $0 |
| ORAH LEHOCKEY | DIRECTOR Trustee or director | 1 | $0 |
| RICH PECKHAM | TREASURER Trustee or director, Officer | 2 | $0 |
| BROOKE RAVEENDRANATH | DIRECTOR Trustee or director | 1 | $0 |
| ONNOLEE SMITH | DIRECTOR Trustee or director | 1 | $0 |
| BARRY WALSTON | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| DANIEL VAUGHAN-CHERUBIN | DIRECTOR Trustee or director | 1 | $0 |
| PHILLIP QUINDARA | DIRECTOR Trustee or director | 1 | $0 |
| WHITNEY MALONE | DIRECTOR Trustee or director | 1 | $0 |
| NATISHA ALEXANDER | DIRECTOR Trustee or director | 1 | $0 |
| LISA HALEY THOMSON | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 161 WASHINGTON AVE, ALBANY, NY 12210-2303
- In care of
- % MARI SHOPSIS
- Principal officer (990 for 2024)
- MARI SHOPSIS, PO BOX 3110, ALBANY, NY 12203
- Signed the 990
- MARI SHOPSIS, EXECUTIVE DIRECTOR
- Phone
- (518) 417-2107
- Return prepared by
- BRYANS & GRAMUGLIA CPAS LLC
Mission
THE ORGANIZATION WAS FORMED TO SUPPORT PROGRAMS AND PROJECTS OF CITY OF ALBANY NY SCHOOLS.
Program accomplishments
- 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.Expenses $42,476 · grants $42,476
- 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.Expenses $29,605 · revenue $23,000
- SCHOOL PANTRY PROGRAM - EQUIP FOOD PANTRIES IN FOUR ELEMENTARY SCHOOLS WITH ALL EQUIPMENT NECESSARY TO RUN A FULL-SERVICE SCHOOL FOOD PANTRY FOR STUDENTS, INCLUDING REFRIGERATORS, FREEZERS, AND STORAGE SUPPLIES. PROVIDE ALL SCHOOL DISTRICT FOOD PANTRIES WITH FUNDS TO PURCHASE FOOD FROM THE REGIONAL FOOD BANK AND TO PURCHASE CULTURALLY SPECIFIC FOODS FOR THEIR STUDENTS.Expenses $36,864
- OTHER PROGRAMSExpenses $66,443 · grants $7,183 · revenue $1,243
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 14-1810885
- 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
- 1999
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B99)
- Assets (IRS master file)
- $389,062
- Income (IRS master file)
- $259,642
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $242,944 | $200,574 | $389,062 | IRS |
| 990 | June 2024 | $180,830 | $159,911 | $317,507 | IRS |
| 990 | June 2023 | $60,712 | $90,198 | $286,058 | XML |
| 990 | December 2022 | $224,516 | $208,620 | $322,784 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 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 14-1810885).
Questions about ALBANY FUND FOR EDUCATION INC
- What is the EIN of ALBANY FUND FOR EDUCATION INC?
- The employer identification number (EIN) of ALBANY FUND FOR EDUCATION INC is 14-1810885.
- Is ALBANY FUND FOR EDUCATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to ALBANY FUND FOR EDUCATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ALBANY FUND FOR EDUCATION 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 ALBANY FUND FOR EDUCATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ALBANY FUND FOR EDUCATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of ALBANY FUND FOR EDUCATION INC?
- The 990 for the year ended June 30, 2025 names MARI SHOPSIS.
- Who are the officers and directors of ALBANY FUND FOR EDUCATION INC?
- The 990 for the year ended June 30, 2025 lists 17 people; 0 received compensation from the organization.
- How much revenue does ALBANY FUND FOR EDUCATION INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $242,944, expenses of $200,574 and total assets of $389,062 at year end.
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- KIPP TECH VALLEY CHARTER SCHOOL EIN 20-1347748 · last filed 990 for 2025
- ALBANY LAW SCHOOL EIN 14-1338309 · last filed 990 for 2025
- UNIVERSITY AT ALBANY FOUNDATION EIN 14-1503972 · last filed 990 for 2025
- FORT SCHUYLER MANAGEMENT CORPORATION EIN 27-1459023 · last filed 990 for 2025
- EMPIRE COMMONS STUDENT HOUSING INC EIN 14-1832659 · last filed 990 for 2025