Laurelmead Employee Education Fundaka Leef
- Assets
- $121.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Providence, RI
- Founding
- 06/2008
- Data as of
- 12/2022
- EIN
- 26-0584569
Organization Overview
Laurelmead Employee Education Fundaka Leef is located in Providence, RI. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laurelmead Employee Education Fundaka Leef 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 12/2022, Laurelmead Employee Education Fundaka Leef generated $45.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.0%) each year. All expenses for the organization totaled $46.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE FUND PROVIDES SCHOLARSHIPS TO ASSIST EMPLOYEES OF LAURELMEAD COOPERATIVE, INC. AND/OR THEIR CHILDREN IN PURSUIT OF EDUCATION (INCLUDING CONTINUING EDUCATION) WHETHER IT BE TECHNICAL OR ACADEMIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maurine Tobin Director | 1 | $0 | |
Paul Twelves Director | 1 | $0 | |
Martha Tuttle Director | 1 | $0 | |
Margaret Megowen Director | 1 | $0 | |
Edward Gammons Director | 1 | $0 | |
Gracemary Russell President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $38,849 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $620 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,845 |
| Other Revenue | $0 |
| Total Revenue | $45,314 |
| 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 | $4,725 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $103 |
| Other expenses | $497 |
| Total expenses | $46,803 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $121,258 |
| Other assets | $0 |
| Total assets | $121,258 |
| Total liabilities | $0 |
| Net assets or fund balances | $121,258 |