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Filing year 2024

FORTUNE EDUCATION FOUNDATION INC

Rahway, New Jersey·EIN 26-1564290·NTEE B82 · Education·501(c)(3)
Total revenue
$22k
Total assets
$1.6M
Total expenses
$73k
Reported officers
4

Reported officers (all unpaid)

No paid executives reported in 2024. FORTUNE EDUCATION FOUNDATION INC reported 4 unpaid officers and board members on its 990-PF.

Director
Director
Director
Director

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$64k

Itemized grants

10

Median grant

$5k

RecipientLocationPurposeAmount
KLAUDIA GARLAKPARLIN, NJCOLLEGE EDUCATION$10k
MIN KHAMONTGOMERY, ILCOLLEGE EDUCATION$10k
KENNETH KUANGHACIENDA HEIGHT, CACOLLEGE EDUCATION$10k
EASON DAIELMHURST, NJCOLLEGE EDUCATION$5k
ELMAN YIPDEMAREST, NJCOLLEGE EDUCATION$5k
JACKIE WULOS ANGELES, CACOLLEGE EDUCATION$5k
GAVIN CHENGPARSIPPANY, NJCOLLEGE EDUCATION$5k
ITZEL MERINOBROOKLYN, NYCOLLEGE EDUCATION$5k
JUSTIN WANPARSIPPANY, NJCOLLEGE EDUCATION$5k
DAVID LANDABAKERSFIELD, CACOLLEGE EDUCATION$4k
Financial trend

Revenue and expenses over time

FORTUNE EDUCATION FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$31k
$91k
2023
$22k
$73k
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Education executives earn in New Jersey

FORTUNE EDUCATION FOUNDATION INC reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable education organization in New Jersey earns a median of $97,504.

25th percentile
$31k
Median
$97,504
75th percentile
$191k
90th percentile
$304k

These are education sector-wide figures, not this organization's reported pay. Based on 648 organizations across 648 filings (2022 – 2024).

See full Education pay data for New Jersey
FAQ

Common questions about FORTUNE EDUCATION FOUNDATION INC

What are FORTUNE EDUCATION FOUNDATION INC's revenue and expenses?

In 2024, FORTUNE EDUCATION FOUNDATION INC reported $22k in total revenue and $73k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.