2023-11-10T11:33:34-06:00 2022-12-31 141624930 TEAL BECKER & CHIARAMONTE CPAS PC 7 WASHINGTON SQUARE ALBANY NY 12205 990 2022-01-01 453027711 INVEST IN EDUCATION FOUNDATION INC INVE 5183683627 PO BOX 38222 ALBANY NY 122038222 MICHAEL J STRIANESE CFO & COO 5183683627 2023-11-08 1 MICHAEL STRIANESE 999009999 0 STEPHANIE MUMFORD CPA P01278366 5184566663 2023-11-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X ANTHONY DE NICOLA PO BOX 38222 ALBANY NY 122038222 746355 0 X WWW.INVESTINEDUCATION.ORG X 2012 NY THE INVEST IN EDUCATION FOUNDATION, INC. IS A RESEARCH AND POLICY ORGANIZATION FORMED TO PROMOTE IMPROVEMENT IN EDUCATION FOR STUDENTS, INCREASING EDUCATIONAL CHOICE, AND WORKING TO CLOSE GAPS IN EDUCATIONAL ACHIEVEMENT. 4 4 3 0 0 0 219500 746355 0 0 0 0 0 0 219500 746355 0 0 0 0 111281 194694 0 0 5658 90375 350374 201656 545068 17844 201287 85152 290997 13138 17696 72014 273301 TO PROMOTE IMPROVEMENT IN EDUCATION FOR STUDENTS, INCREASING EDUCATIONAL CHOICE, AND WORKING TO CLOSE GAPS IN EDUCATIONAL ACHIEVEMENT. 0 0 494232 TO PROMOTE IMPROVEMENT IN EDUCATION FOR STUDENTS, INCREASING EDUCATIONAL CHOICE, AND WORKING TO CLOSE GAPS IN EDUCATIONAL ACHIEVEMENT. 494232 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 4 4 0 0 1 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X MICHAEL STRIANESE 5183683627 PO BOX 38222 ALBANY NY 122038222 ANTHONY DE NICOLA CHAIR 3.00 3.00 X X 0 0 0 ROBERT FLANIGAN TREASURER 1.00 1.00 X 0 0 0 DARLA ROMFO DIRECTOR 1.00 X 0 0 0 SUSAN GEORGE DIRECTOR 1.00 X 0 0 0 MICHAEL J STRIANESE CFO & COO 40.00 1.00 X 60000 0 0 ALLEN MESSER PRESIDENT 40.00 X 115000 0 0 175000 0 0 1 0 0 0 0 746355 746355 746355 0 0 0 X 168504 148016 15031 5457 11085 9433 1652 15105 12747 2387 -29 338 338 14601 2301 12070 230 293677 293677 158 79 79 3440 1720 1720 7392 3696 3696 16953 14426 2527 6818 3409 3409 TELECOMMUNICATIONS 4538 2269 2269 SUBSCRIPTIONS 2459 2459 545068 494232 45178 5658 68707 289096 4316 1901 12129 0 85152 290997 13138 17696 13138 17696 X 72014 273301 72014 273301 85152 290997 201287 0 X 0 1 X 1 0 X 1425000 364500 179500 219500 746355 2934855 1425000 364500 179500 219500 746355 2934855 1229480 1705375 2934855 0.58110 0.58930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 746355 0 746355 0 746355 545068 0 545068 0 545068 PART X, LINE 2: THE FOUNDATION FOLLOWS THE GUIDANCE FOR UNCERTAINTY IN INCOME TAXES. AS OF DECEMBER 31, 2022, THE FOUNDATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR THE INCOME TAX POSITIONS TAKEN AND TO BE TAKEN ON ITS RETURNS BASED ON AN ASSESSMENT OF MANY FACTORS, INCLUDING EXPERIENCE AND INTERPRETATIONS OF TAX LAWS APPLIED TO THE FACTS OF EACH MATTER. THE FOUNDATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING DISCLOSURE, AND THERE ARE NO MATERIAL AMOUNTS OF UNRECOGNIZED TAX BENEFITS. FORM 990, PART VI, SECTION A, LINE 4 THE ORGANIZATION MODIFIED ITS BYLAWS IN JANUARY 2022 TO LIMIT AND CONTROL THE BOARD SELECTION AND REMOVAL PROCESS, AND ALSO TO MODIFY THE PROCESS FOR HIRING AND FIRING OF A CEO AND DIRECT REPORTS OF THE CEO. FORM 990, PART VI, SECTION A, LINE 7A THERE IS A POLICY THE ORGANIZATION HAS IN PLACE REGARDING THE ELECTION OF THE DIRECTORS BY MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS WILL ESTABLISH AN EXECUTIVE COMMITTEE OF THE BOARD COMPRISED OF AT LEAST THREE DIRECTORS. DURING INTERVALS BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE WILL HAVE THE AUTHORITY OF THE BOARD OF DIRECTORS TO ACT WITH RESPECT TO ALL MATTERS WHICH IN THE REASONABLE JUDGEMENT OF ANY MEMBER OF THE EXECUTIVE COMMITTEE CANNOT WAIT UNTIL THE NEXT MEETING, EXCEPT FOR ANY AUTHORITY THE DELEGATION OF WHICH IS PROHIBITED BY SECTION 141(C)(2) OF THE DELAWARE GENERAL CORPORATION LAW. ANY ACTION TAKEN BY THE EXECUTIVE COMMITTEE WILL BE REPORTED TO THE BOARD OF DIRECTORS AT THE NEXT MEETING THEREOF. THE EXECUTIVE COMMITTEE WILL SELECT A CHAIRMAN OF THE EXECUTIVE COMMITTEE. THE EXECUTIVE COMMITTEE WILL BE NECESSARY AND SUFFICIENT TO CONSTITUTE A QUORUM FOR THE TRANSACTION OF BUSNIESS, AND THE VOTE OF THE MAJORITY OF THE MEMBERS OF THE EXECUTIVE COMMMITTEE PRESENT AT ANY MEETING AT WHICH THERE IS A QUORUM WILL BE THE ACT OF THE EXECUTIVE COMMITTTEE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PROVIDED TO ALL BOARD MEMBERS FOR THEIR REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C IN ACCORDANCE WITH ARTICLE III, SECTION 11 OF THE BY-LAWS, A CONFLICT OF INTEREST DISCLOSURE STATEMENT IS SENT TO EACH DIRECTOR OR OFFICER FOR THEIR SUBMISSION TO, AND REVIEW BY, THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE PRESIDENT'S COMPENSATION IS DETERMINED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G SOCIAL MEDIA: PROGRAM SERVICE EXPENSES 7,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 7,500. CONSULTING FEES: PROGRAM SERVICE EXPENSES 118,677. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 118,677. ADIVSORY FEES: PROGRAM SERVICE EXPENSES 167,500. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 167,500. INVEST IN EDUCATION COALITION INC 125 WOLF ROAD SUITE 410 ALBANY NY 12205 454955967 RAISING AWARENESS FOR EDUCATION ISSUES NY 501(C)(4) 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 0 0 INVEST IN EDUCATION COALITION INC O 46200 CASH