Nonprofit · EIN 45-3027711
INVEST IN EDUCATION FOUNDATION INC
Tax-exempt · ALBANY, NY 12203
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $3,832,150 | $3,630,066 | $202,084 | $1,981,471 | $143,211 | $1,838,260 |
| December 31, 2024 | 990 | $1,738,390 | $1,013,143 | $725,247 | $1,711,653 | $75,477 | $1,636,176 |
| December 31, 2023 | 990 | $1,434,971 | $797,343 | $637,628 | $956,302 | $45,373 | $910,929 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $3,788,190
- Program service revenue
- $0
- Investment income
- $43,960
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $61,875
- Salaries, compensation and benefits (total)
- $61,875
- Professional fundraising fees
- $228,813
- Legal fees
- $1,200
- Accounting fees
- $21,312
- Occupancy
- $923
- Travel
- $55,693
- Program services (functional)
- $3,314,826
- Management and general (functional)
- $72,695
- Fundraising (functional)
- $242,545
Balance sheet and other
- Total assets, start of year
- $1,711,653
- Total assets, end of year
- $1,981,471
- Total liabilities, end of year
- $143,211
- Net assets, end of year
- $1,838,260
- Net assets without donor restrictions
- $1,838,260
- Gross receipts
- $3,832,150
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2012
- 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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| MICHAEL J STRIANESE | CFO & COO Officer | 20 | $61,875 | $61,875 |
| ANTHONY DE NICOLA | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| ROBERT FLANIGAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DARLA ROMFO | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| SUSAN GEORGE | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| ANGELA FLOOD | FORMER PRESIDENT Trustee or director, Officer | 40 | $229,194 | $0 |
| MICHAEL J STRIANESE | CFO & COO Officer | 40 | $39,167 | $39,167 |
| ANTHONY DE NICOLA | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| ROBERT FLANIGAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DARLA ROMFO | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| SUSAN GEORGE | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| MICHAEL J STRIANESE | CFO & COO Officer | 40 | $32,500 | $32,500 |
| ANTHONY DE NICOLA | CHAIR Trustee or director, Officer | 3 | $0 | $0 |
| ROBERT FLANIGAN | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| DARLA ROMFO | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| SUSAN GEORGE | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 38222, ALBANY, NY 12203-8222
- Principal officer (990 for 2025)
- MICHAEL J STRIANESE, PO BOX 38222, ALBANY, NY 122038222
- Signed the 990
- MICHAEL J STRIANESE, CFO & COO
- Phone
- (518) 368-3627
- Website
- WWW.INVESTINEDUCATION.ORG
- Return prepared by
- TEAL BECKER & CHIARAMONTE CPAS PC
Mission
TO PROMOTE IMPROVEMENT IN EDUCATION FOR STUDENTS, INCREASING EDUCATIONAL CHOICE, AND WORKING TO CLOSE GAPS IN EDUCATIONAL ACHIEVEMENT.
Program accomplishments
- TO PROMOTE IMPROVEMENT IN EDUCATION FOR STUDENTS, INCREASING EDUCATIONAL CHOICE, AND WORKING TO CLOSE GAPS IN EDUCATIONAL ACHIEVEMENT.Expenses $3,314,826
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 45-3027711
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B19)
- Assets (IRS master file)
- $1,981,471
- Income (IRS master file)
- $3,832,150
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $3,832,150 | $3,630,066 | $1,981,471 | XML |
| 990 | December 2024 | $1,738,390 | $1,013,143 | $1,711,653 | XML |
| 990 | December 2023 | $1,434,971 | $797,343 | $956,302 | XML |
| 990 | December 2022 | $746,355 | $545,068 | $290,997 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 45-3027711).
Questions about INVEST IN EDUCATION FOUNDATION INC
- What is the EIN of INVEST IN EDUCATION FOUNDATION INC?
- The employer identification number (EIN) of INVEST IN EDUCATION FOUNDATION INC is 45-3027711.
- Is INVEST IN EDUCATION FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
- Are donations to INVEST IN EDUCATION FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does INVEST IN 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 INVEST IN EDUCATION FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INVEST IN EDUCATION FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of INVEST IN EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names MICHAEL J STRIANESE.
- Who are the officers and directors of INVEST IN EDUCATION FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 5 people; 1 received compensation from the organization, the highest $61,875 (MICHAEL J STRIANESE, CFO & COO).
- How much revenue does INVEST IN EDUCATION FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $3,832,150, expenses of $3,630,066 and total assets of $1,981,471 at year end.
Other nonprofits in ALBANY
- RESEARCH FOUNDATION FOR THE STATE UNIVERSITY OF NEW YORK EIN 14-1368361 · last filed 990 for 2025
- EXCELSIOR UNIVERSITY EIN 16-1532850 · last filed 990 for 2025
- ALBANY COLLEGE OF PHARMACY AND HEALTH SCIENCES EIN 14-1423161 · last filed 990 for 2025
- 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