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Northern Education and Development Foundation Inc

Middletown, NY · EIN 933467662 · Form 990 · FY2025 · NTEE B90 · Education · Micro (<$100K)
revenue
$21K
expenses
$1.3M
net assets
$-1.1M
employees
0
volunteers
3
program ratio
99%
mission · from form 990

The Foundation shall be raising funds to award educational scholarships and grants for students from low income families and with extraordinary talents and abilities building classrooms, dormitories and facilities.

profile · synthesized from sources

The Northern Education and Development Foundation Inc is a New York-based nonprofit focused on education. It raises funds to provide scholarships and grants for students from low-income families who demonstrate exceptional talent. The foundation also supports the construction of classrooms, dormitories, and educational facilities to advance its mission.

named programs · 2 · from sources

What they call their work

Classroom and Facility Development
Builds classrooms, dormitories, and educational facilities to support student learning and development
Educational Scholarships and Grants
Provides financial awards to students from low-income families with extraordinary talents and abilities
activities · 2 groups

What they do

  • Financial Aid and Scholarship Access Programs 1 activity
    • Awarding educational scholarships and grants
      Raises funds to provide educational scholarships and grants to students from low-income families and those with exceptional talents.
  • School Infrastructure Development 1 activity
    • Construction of educational facilities
      Raises funds for the construction of educational infrastructure, including classrooms, dormitories, and related facilities.
financials · form 990 · fy2025
revenue
Total revenue$21K
Contributions & grants$21K100%
Program service revenue$00%
Investment income$00%
Other revenue$0
expenses
Total expenses$1.30M
Program expenses99%
Admin / overhead1%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$9.97M
Cash$109K
Investments$0
Liabilities$11.06M
Net assets$-1.10M
Liquid reserves1.0 mo
2 years on record · 2024–2025 · YoY revenue -94.5%
leadership · form 990 part vii · fy2025

Who runs it

board members · 2
  • William Cheung — CFO
  • Xueye Zhu — President CEO
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Scholarship and Infrastructure Support for Talent Development
    methodology: scholarship_and_infrastructure_support
    By providing educational scholarships and infrastructure support to low-income students with exceptional talents, we increase access and equity in education because financial and structural barriers are reduced, enabling talented individuals to thrive academically.