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Nonprofit · EIN 23-7209097

EDUCATIONAL FOUNDATION OF ALFRED INC

Tax-exempt · ALFRED, NY 14802

Financials

$687K$682K2022$734K$691K2023$768K$692K2024
Revenue Expenses · by fiscal year end
Financials of EDUCATIONAL FOUNDATION OF ALFRED INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$767,706$691,935$75,771$7,341,903$65,482$7,276,421
June 30, 2024990$734,096$691,474$42,622$7,225,060$129,675$7,095,385
June 30, 2023990$687,220$682,330$4,890$7,057,083$134,826$6,922,257
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$95,664
Net rental income
$671,953
Net gain from sales of assets
$64,670
Other revenue
$672,042

Expenses

Grants and similar amounts paid
$181,500
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$9,460
Occupancy
$10,923
Depreciation
$324,451
Program services (functional)
$603,978
Management and general (functional)
$87,957

Balance sheet and other

Total assets, start of year
$7,225,060
Total assets, end of year
$7,341,903
Total liabilities, end of year
$65,482
Net assets, end of year
$7,276,421
Land, buildings and equipment
$5,017,243
Publicly traded securities
$1,805,423
Net assets without donor restrictions
$7,276,421
Gross receipts
$903,036
Employees
0
Volunteers
24
Year formed
1946
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVEN A MAURO PHDDIRECTOR
Trustee or director
2$0$283,250$181,138
SPENCER PEAVEYDIRECTOR
Trustee or director
2$0$113,453$72,553
BRAD SMITHDIRECTOR
Trustee or director
2$0$65,352$41,793
JENNIE THWINGDIRECTOR
Trustee or director
2$0$65,261$41,734
JUSTIN CORNELIUSDIRECTOR
Trustee or director
2$0$61,907$39,590
CASEY JOYCEVICE PRESIDENT
Trustee or director, Officer
2$0$0$0
GEORGE GOETSCHIUSPRESIDENT
Trustee or director, Officer
2$0$0$0
RYAN MILLERDIRECTOR
Trustee or director
2$0$0$0
DAVID HAGGSTROMDIRECTOR
Trustee or director
2$0$0$0
KRISTOPHER GREENDIRECTOR
Trustee or director
2$0$0$0
GERALYN GOUGHDIRECTOR
Trustee or director
2$0$0$0
AMY BENNETTDIRECTOR
Trustee or director
2$0$0$0
JOHN SADOWSKISECRETARY/TREASURER
Trustee or director, Officer
2$0$0$0
VALERIE NIXONDIRECTOR
Trustee or director
2$0$0$0
990 for the year ended June 30, 2024: 14 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVEN A MAURO PHDDIRECTOR
Trustee or director
2$0$283,250$181,138
PETER MCCLAINSECRETARY/TREASURER
Trustee or director, Officer
2$0$86,217$55,136
BRAD SMITHDIRECTOR
Trustee or director
2$0$65,352$41,793
JUSTIN CORNELIUSDIRECTOR
Trustee or director
2$0$63,152$40,386
JENNIE THWINGDIRECTOR
Trustee or director
2$0$59,162$37,834
SANDY SAWYERDIRECTOR
Trustee or director
2$0$0$0
JOHN SADOWSKIDIRECTOR
Trustee or director
2$0$0$0
CASEY JOYCEVICE PRESIDENT
Trustee or director, Officer
2$0$0$0
GEORGE GOETSCHIUSPRESIDENT
Trustee or director, Officer
2$0$0$0
VALERIE NIXONDIRECTOR
Trustee or director
2$0$0$0
RYAN MILLERDIRECTOR
Trustee or director
2$0$0$0
DAVID HAGGSTROMDIRECTOR
Trustee or director
2$0$0$0
KRISTOPHER GREENDIRECTOR
Trustee or director
2$0$0$0
GERALYN GOUGHDIRECTOR
Trustee or director
2$0$0$0
990 for the year ended June 30, 2023: 20 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
STEVEN A MAURO PHDDIRECTOR
Trustee or director
2$0$275,000$175,863
TIM SORTOREEX OFFICIO
Trustee or director
2$0$149,486$95,596
JEFF STEVENSEX OFFICIO
Trustee or director
2$0$119,036$76,124
PETER MCCLAINSECRETARY/TREASURER
Trustee or director, Officer
2$0$78,837$50,416
RUTHANNE ASHWORTHDIRECTOR
Trustee or director
2$0$69,363$44,358
BRAD SMITHDIRECTOR
Trustee or director
2$0$57,593$36,831
JENNIE THWINGDIRECTOR
Trustee or director
2$0$55,950$35,780
GERALYN GOUGHDIRECTOR
Trustee or director
2$0$0$0
KRISTOPHER GREENDIRECTOR
Trustee or director
2$0$0$0
DAVID HAGGSTROMDIRECTOR
Trustee or director
2$0$0$0
RYAN MILLERDIRECTOR
Trustee or director
2$0$0$0
VALERIE NIXONDIRECTOR
Trustee or director
2$0$0$0
GEORGE GOETSCHIUSPRESIDENT
Trustee or director, Officer
2$0$0$0
CASEY JOYCEVICE PRESIDENT
Trustee or director, Officer
2$0$0$0
JOHN SADOWSKIDIRECTOR
Trustee or director
2$0$0$0
SANDY SAWYERDIRECTOR
Trustee or director
2$0$0$0
MARY SCHOLLADIRECTOR
Trustee or director
2$0$0$0
JONNA ANNEEX OFFICIO
Trustee or director
2$0$0$0
BETSY PENROSEEX OFFICIO
Trustee or director
2$0$0$0
JON NICKERSONEX OFFICIO
Trustee or director
2$0$0$0

Address and contacts

Address (IRS master file)
UPPER CAMPUS DRIVE, ALFRED, NY 14802-0000
Principal officer (990 for 2024)
GEORGE GOETSCHIUS, UPPER CAMPUS DRIVE, ALFRED, NY 14802
Signed the 990
GEORGE W GOETSCHIUS, BOARD PRESIDENT
Phone
(607) 587-4108
Return prepared by
BONADIO & CO LLP

Mission

THE EDUCATIONAL FOUNDATION OF ALFRED, INC. IS A FOUNDATION DEDICATED TO IMPROVING THE ALFRED STATE COLLEGE COMMUNITY THROUGH SUPPORT OF EDUCATIONAL PROGRAMS. THE FOUNDATION EXISTS TO ENHANCE LEARNING OPPORTUNITIES FOR STUDENTS, FACULTY, AND STAFF.

990 for the year ended June 30, 2025

Program accomplishments

  • IMPROVING THE ALFRED STATE COLLEGE COMMUNITY THROUGH SUPPORT OF EDUCATIONAL PROGRAMS, INCLUDING SCHOLARSHIPS OF $181,500.
    Expenses $603,978 · grants $181,500

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
23-7209097
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1972
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,341,903
Income (IRS master file)
$903,036

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$767,706$691,935$7,341,903XML
990June 2024$734,096$691,474$7,225,060XML
990June 2023$687,220$682,330$7,057,083XML
990June 2022$678,568$640,252$6,961,799IRS
990June 2021–––IRS
990June 2019–––IRS
990June 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 23-7209097).

Questions about EDUCATIONAL FOUNDATION OF ALFRED INC

What is the EIN of EDUCATIONAL FOUNDATION OF ALFRED INC?
The employer identification number (EIN) of EDUCATIONAL FOUNDATION OF ALFRED INC is 23-7209097.
Is EDUCATIONAL FOUNDATION OF ALFRED INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
Are donations to EDUCATIONAL FOUNDATION OF ALFRED INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EDUCATIONAL FOUNDATION OF ALFRED 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 EDUCATIONAL FOUNDATION OF ALFRED 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 EDUCATIONAL FOUNDATION OF ALFRED 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 EDUCATIONAL FOUNDATION OF ALFRED INC?
The 990 for the year ended June 30, 2025 names GEORGE GOETSCHIUS.
Who are the officers and directors of EDUCATIONAL FOUNDATION OF ALFRED INC?
The 990 for the year ended June 30, 2025 lists 14 people; 0 received compensation from the organization.
How much revenue does EDUCATIONAL FOUNDATION OF ALFRED INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $767,706, expenses of $691,935 and total assets of $7,341,903 at year end.

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