EAST LONGMEADOW EDUCATION ENDOWMENT FUND INC
Mission Statement
MISSION STATEMENT The East Longmeadow Educational Endowment Fund is a 501(c)( 3) non-profit group whose purpose is exclusively educational and charitable with the primary goal of enhancing the educational opportunities offered in all of the public schools in East Longmeadow. There is an important need for the public schools to have a source of funds over and above what is provided for through taxes. This source of funds can make the difference between an average experience for students, and an opportunity to excel and enjoy something special in education. We feel the private sector (parents, business community, etc.), with the assistance of the educators, can and should provide these funds. Through gifts and bequests from citizens, businesses and organizations, the Endowment provides annual assistance directly to the schools, for the benefit of the students of East Longmeadow. Each year grants are used to augment educational opportunities not provided for in the budget process. Principal is preserved through careful and conservative management and increased with continued support from the community. Grants are awarded to fund proposals, impacting students at all grade levels, and care is exercised to ensure that as many students as possible benefit from such grants, and that the benefits are repeated for a period of years. In addition, the Endowment also serves as an organization : 1. Linking the community and the schools; 2. Providing parents with a forum for active participation and involvement in the schools and mobilizing community support; 3. Providing a boost to the morale of teachers, the schools and the community.
Financial Overview — FY 2025
Compared with Peers
FY 2025| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
77.4% | 84.5% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
22.6% | 7.2% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 36.1% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
258.8 mo | 14.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
54.7% | 100.0% |
P10P90
|
Top quarter |
|
Surplus margin
Surplus as a share of revenue
|
28.9% | 7.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2025 | $91K | $65K | $1.4M | 77.4% | 0 |
| 2023 | $81K | $64K | $1.2M | 80.9% | 0 |
| 2022 | $99K | $54K | N/A | — | 0 |
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