Education
Chelsea Education Foundation Inc
CHELSEA, MA
Total revenue
$135K
Total expenses
$136K
Net assets
$9K
Grants received
$143K
10 grants
EIN
412240509
Tax year
2024
Mission
The general purpose of the Chelsea Education Foundation is to support Chelsea Public Schools. Activities include afterschool and enrichment programs, adult literacy programs, college readiness and savings programs and teacher recognition.
Programs
2 programs
Chelsea Inversant College Savings Program - Chelsea Education Foundation serves as the fiscal agent for Chelsea Inversant, a savings program that, in partnership with the nonprofit Inversant, Inc., challenges families of Chelsea Public Schools' students to save up to $1500 for college expenses that are matched, dollar for dollar, from donations made to Chelsea Education Foundation for Chelsea Inversant. 17 students were enrolled in Chelsea Inversant as of December 2024. Chelsea Inversant promotes college readiness and family engagement by encouraging savings and engaging parents through financial aid workshops, outreach, and other activities. Chelsea Education Foundation provided 10 scholarships totaling $5,637.07 in 2024. In the summer of 2022, Inversant announced that it would no longer be offering its scholarship program and was merged into its sister organization, La Vida Scholars. Students at the high school will now be directed to apply to the La Vida Scholars Program. The 17 students that remain in the Inversant program will continue with CEF involvement and be supported under the terms and conditions of the Inversant program. Students enrolled in the Inversant program, but who have not yet graduated will be provided support from La Vida and Chelsea Public Schools.
Intergenerational Literacy Program (ILP) - Chelsea Education Foundation serves as the fiscal agent for the ILP, a Chelsea Public Schools instructional program that serves adult learners seeking English acquisition skills and a high school credential. ILP provides literacy instruction with the goals of strengthening English language and literacy skills, encouraging home literacy, and promoting the literacy and academic success of the children of adult learners. The ILP runs day and evening instructional sessions throughout the year. In 2024, the ILP served 389 adults and 57 children. Its major funders were the Anna B. Stearns Foundation ($15,000) and the A.C. Ratshesky Foundation ($15.000). The program also receives direct support from Chelsea Public Schools as well as an Adult Basic Education grant from the Commonwealth of Massachusetts awarded to Chelsea Public Schools.
Financials
FY 2024
Revenue
Expenses
People
6 listed
Almi G Abeyta
President and Director
—
0.75 hrs/wk
Daniel Mojica
Director
—
0.1 hrs/wk
Gerald McCue
Assistant Treasurer
—
1.5 hrs/wk
Patrick Monkiewicz
Treasurer and Director
—
0.4 hrs/wk
Roseann Bongiovani
Secretary and Director
—
0.2 hrs/wk
Patricia Simboli
Director
—
0.1 hrs/wk
Grants received
Showing 10 of 10
Funded by
$143K from 4 funders · 10 grants · 2018–2024
$105K · 7 grants · 2018–2024
$18K · 1 grant · 2024
$18K · 1 grant · 2022
$2K · 1 grant · 2024