CHATHAM EDUCATION FOUNDATION

EIN: 223285022 501(c)(3) Philanthropy & Grantmaking

CHATHAM, NJ

Total Revenue
$231,310
Total Expenses
$125,552
Total Assets
$1,622,488
Net Assets
$1,620,482
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1994
Legal Domicile
NJ
Principal Officer
LAURA BOJANOWSKI
Phone
9179919497
Tax Period
2022-07-01 to 2023-06-30

CHATHAM EDUCATION FOUNDATION, founded in 1994, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $231K in total revenue in fiscal year 2022. Revenue fell 20% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $106K, a strong 46% operating margin.

Mission

TO SUPPORT EDUCATIONAL EXCELLENCE IN THE SCHOOL DISTRICT OF THE CHATHAMS THROUGH PARENT AND COMMUNITY DONATIONS.

Program Service Accomplishments

Program 1
Expenses: $16,200

CREATING COLLABORATIVE & ENGAGING WORLD LANGUAGE CLASSROOMS (CMS) THIS GRANT ESTABLISHES COLLABORATIVE AND ENGAGING WORLD LANGUAGE SPACES, USING DESKS WITH DRY ERASE SURFACES, A NEW LITERACY CENTER...

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CREATING COLLABORATIVE & ENGAGING WORLD LANGUAGE CLASSROOMS (CMS) THIS GRANT ESTABLISHES COLLABORATIVE AND ENGAGING WORLD LANGUAGE SPACES, USING DESKS WITH DRY ERASE SURFACES, A NEW LITERACY CENTER, AND THE ESTABLISHMENT OF COMFORTABLE READING SPACES. THESE ENHANCEMENTS WILL ENABLE STUDENTS TO COLLABORATE, IMMERSE THEMSELVES IN THE TARGET LANGUAGE, AND EXPLORE AUTHENTIC RESOURCES.

Program 2
Expenses: $14,000

CODING WITH MARTY: INTERDISCIPLINARY ROBOTICS INITIATIVE (LAF) THIS GRANT ALLOWS FOR THE PURCHASE OF A CLASS SET OF MARTY ROBOTS, WHICH WAS USED ON A TRIAL BASIS BY THE LIBRARY/MEDIA AND DESIGN &...

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CODING WITH MARTY: INTERDISCIPLINARY ROBOTICS INITIATIVE (LAF) THIS GRANT ALLOWS FOR THE PURCHASE OF A CLASS SET OF MARTY ROBOTS, WHICH WAS USED ON A TRIAL BASIS BY THE LIBRARY/MEDIA AND DESIGN & TECHNOLOGY CLASSES DURING THE SPRING OF 2022. THE CLASS SET WILL ALLOW EACH STUDENT TO ENGAGE IN HANDS-ON, PROJECT-BASED LEARNING AND WILL BRING TO LIFE THE CURRENT COMPUTER SCIENCE CURRICULUM THROUGH PHYSICAL HUMANOID ROBOTIC DEVICES. THE ROBOTS WOULD SPECIFICALLY BE USED IN LIBRARY CLASSES DURING THE ANNUAL HOUR OF CODE AND DURING THE HUMANOID ROBOTS AND CODING UNIT IN D & T CLASSES. MARTY ALSO CONNECTS THE CURRENT DESIGN & TECHNOLOGY CURRICULUM TO REAL-LIFE CAREERS, PARTICULARLY IN STEM FOCUSED AREAS AND WILL HELP PREPARE STUDENTS FOR THE ROBUST STEM COURSE OFFERINGS AT CMS.

Program 3
Expenses: $12,000

INCREASING STUDENTS' DECODING SKILLS WITH FUNDATIONS GEODES READABLE BOOKS THIS GRANT EXPANDS THE FUNDATION WORD STUDY PROGRAM BY PURCHASING A LIBRARY OF "READABLE" BOOKS THAT ENABLES KINDERGARTEN...

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INCREASING STUDENTS' DECODING SKILLS WITH FUNDATIONS GEODES READABLE BOOKS THIS GRANT EXPANDS THE FUNDATION WORD STUDY PROGRAM BY PURCHASING A LIBRARY OF "READABLE" BOOKS THAT ENABLES KINDERGARTEN STUDENTS TO PRACTICE WHAT THEY ARE LEARNING DURING WORLD STUDY AND ENHANCING FLUENCY AND COMPREHENSION SKILLS THAT ARE NECESSARY FOR STRONG READERS. THESE DECODABLE BOOKS ALIGN WITH OTHER PORTIONS OF THE CURRICULUM, ARE WRITTEN AND ILLUSTRATED BY A VARIETY OF AUTHORS AND ILLUSTRATORS, AND FOCUS ON DIVERSE TOPICS AND INCLUDE MULTICULTURAL CHARACTERS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $165,714
Program Service Revenue $0
Investment Income $35,997
Other Revenue $29,599
TOTAL REVENUE $231,310

Expense Breakdown

Grants Paid $85,360
Salaries & Benefits $0
Fundraising Expenses $14,344
Program Expenses $85,360
Other Expenses $40,192
TOTAL EXPENSES $125,552

Year-over-Year Comparison

2022 2021 Change
Revenue $231,310 $289,423 -0.2%
Expenses $125,552 $146,410 -0.1%
Net Income $105,758 $143,013 -0.3%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
23
Independent Members
23
Employees
N/A
Volunteers
48

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
23
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MELISSA BAILEY SECRETARY 1.00
Officer Director
$0 $0 $0
OLIVIA BAKUNAS TRUSTEE 2.00
Director
$0 $0 $0
TANIA BARI TRUSTEE 1.50
Director
$0 $0 $0
LAURA BOJANOWSKI PRESIDENT 10.00
Officer Director
$0 $0 $0
ANDREA CASERTA TRUSTEE 2.00
Director
$0 $0 $0
SUZANNE DAVID TRUSTEE 2.00
Director
$0 $0 $0
ELISSA DIMEO TREASURER 2.00
Officer Director
$0 $0 $0
KRISTINE DICKSON TRUSTEE 5.00
Director
$0 $0 $0
AMY EWING TRUSTEE 1.00
Director
$0 $0 $0
BETHANY GIANUSSO TRUSTEE 4.00
Director
$0 $0 $0
LAURIE HEKMAT TRUSTEE 2.00
Director
$0 $0 $0
ANANYA HOLLAND TRUSTEE 2.00
Director
$0 $0 $0
ZAHRAH KHAN TRUSTEE 6.00
Director
$0 $0 $0
JESS LAKIN TRUSTEE 1.50
Director
$0 $0 $0
ERIK METVINER TRUSTEE 4.00
Director
$0 $0 $0
GEETIKA PATEL TRUSTEE 1.50
Director
$0 $0 $0
DAVID PRAEL TRUSTEE 2.00
Director
$0 $0 $0
JUN QUON TRUSTEE 3.00
Director
$0 $0 $0
ERIN RICHARDS TRUSTEE 2.00
Director
$0 $0 $0
ALAN ROUTH VICE PRESIDE 20.00
Officer Director
$0 $0 $0
PRIYA VOLETI TRUSTEE 2.00
Director
$0 $0 $0
CHERYL WHITNEY TRUSTEE 5.00
Director
$0 $0 $0
EMILY WURDEMANN TRUSTEE 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 No data No data No data No data
2023 $231,310 $125,552 $1,622,488 $105,758
2022 $289,423 $146,410 $1,366,802 $143,013
2021 $391,437 $99,324 $1,392,092 $292,113
2020 $287,105 $94,042 $864,769 $193,063
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