NonprofitsIsaac Newton Foundation Inc

Education

Isaac Newton Foundation Inc

PHILADELPHIA, PA

Total revenue

$10.0M

Total expenses

$9.3M

Net assets

$8.6M

Grants received

EIN

233083881

Tax year

2023

Mission

The foundation's mission is to support the health, welfare, educational interests of the mathematics, science & technology community charter school (the "school"), a pennsylvania nonprofit corporation that is exempt from federal income tax as an organization described in section 501(c)(3) of the internal revenue code of 1986 (the "code"), as amended.the foundation is a nonprofit corporation established under the laws of the commonwealth of pennsylvania. The purposes for which the foundation is organized and operated are exclusively charitable and educational within the meaning of section 501(c)(3) of the code, and, in furtherance of these purposes, the foundation may: (a) operate exclusively for the support and benefit of the school and its affiliated or controlled organizations that are publicly supported chartities as defined under the code; (b) utilize resources for the purposes of replicating the school's educational model; (c) receive contributions from whatever source.

Financials

FY 2023

Revenue

Contributions & grants$10K
Program service revenue$9.1M
Investment income$785K
Other revenue$89K
Total revenue$10.0M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$9.3M
Total expenses$9.3M
Total assets$137.1M
Net assets$8.6M

People

5 listed

NameRoleCompensation

KAREN DELGUERCIO

BOARD PRESIDENT

Board

1 hrs/wk

JAN BROPHY

BOARD VICE PRESIDENT / SECRETARY

Board

1 hrs/wk

DR NORMAN PROVIZER

BOARD MEMBER

Board

1 hrs/wk

LOUIS DECREE

BOARD TREASURER

Board

1 hrs/wk

HOPE INGE

BOARD MEMBER

Board

1 hrs/wk

Independent contractors

BSI CONSTRUCTION LLC

CONSTRUCTION

$2.8M

Details

EIN233083881
NTEE codeB11
Subsection03
Ruling date2017-01
Formed2001
Employees0
Volunteers0
ISAAC NEWTON FOUNDATION INC — Mission, Financials & Grants Received | Grantivo