Education Foundation Of The Iowa Chapter Of Fm & Ra
- Assets
- $110.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Iowa Falls, IA
- Founding
- 01/2007
- Data as of
- 07/2024
- EIN
- 20-3072202
Organization Overview
Education Foundation Of The Iowa Chapter Of Fm & Ra is located in Iowa Falls, IA. The organization was established in 2007. According to its NTEE Classification (S11) the organization is classified as: Single Organization Support, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education Foundation Of The Iowa Chapter Of FM & Ra is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 07/2024, Education Foundation Of The Iowa Chapter Of FM & Ra generated $29.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (6.2%) each year. All expenses for the organization totaled $14.2k during the year ending 07/2024. As we would expect to see with falling revenues, expenses have declined by (6.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Schermerhorn Secretary | 0 | $600 | |
Michael Nissly Treasurer | 0 | $1,250 | |
Jeannie Fetrow Vice Preside | 0 | $0 | |
Grant Aschinger President | 0 | $0 | |
Joel Ambrose Director | 0 | $0 | |
Adam Pick Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,784 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,819 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $29,603 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $13,901 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $262 |
| Total expenses | $14,163 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $110,724 |
| Other assets | $0 |
| Total assets | $110,724 |
| Total liabilities | $0 |
| Net assets or fund balances | $110,724 |