Linn Area Education Associations Community Foundation Inc
- Assets
- $15.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Rapids, IA
- Founding
- 09/2009
- Data as of
- 12/2021
- EIN
- 26-2607522
Organization Overview
Linn Area Education Associations Community Foundation Inc is located in Cedar Rapids, IA. The organization was established in 2009. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Linn Area Education Associations Community Foundation Inc 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 12/2021, Linn Area Education Associations Community Foundation Inc generated $50.3k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.0% each year . All expenses for the organization totaled $45.8k during the year ending 12/2021. While expenses have increased by 19.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
COLLECT SURPLUS SCHOOL SUPPLIES AND OBTAIN GRANTS FROM AREA BUSINESSES TO HELP FUND PURCHASE OF ADDITIONAL SUPPLIES - THEN DISTRIBUTE SCHOOL SUPPLIES TO AREA K-12 EDUCATORS IN EASTERN IOWA; SUPPLIES USED IN CLASS ARE PENCILS, TISSUES, HAND SANITIZER, PAPER, CALCULATORS, CLOTHING, AND OTHER TEACHING AIDS; SERVED 899 EDUCATORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lori Vana President | 12 | $0 | |
Curtis Gandy Treasurer | 2 | $0 | |
Patricia Kadlec Director | 0 | $0 | |
Lacey Becker Director | 0 | $0 | |
Sarah Hamilton Director | 0 | $0 | |
Brian Johnson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,315 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $50,315 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $45,803 |
| Total expenses | $45,803 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,354 |
| Other assets | $0 |
| Total assets | $15,354 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,354 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Linn Area Education Associations Community Foundation Inc has recieved totaling $10,327.
| Awarding Organization | Amount |
|---|---|
Greater Cedar Rapids Community Foundation Cedar Rapids, IA PURPOSE: CLASSROOM SUPPLIES FOR LOCAL EDUCATORS, SUPPLIES FOR TEACHERS | $10,327 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Grinnell College Medical Benefit Plan Trust Agreement Grinnell, IA | $11,174,588 | $9,791,771 |
University Of Wisconsin-Eau Claire Foundation Inc Eau Claire, WI | $103,402,476 | $22,599,486 |
Blanche Ebert Seaver Trust For Frank R Seaver College Chicago, IL | $130,613,951 | $5,090,055 |
William Rainey Harper College Educational Foundation Palatine, IL | $50,154,930 | $4,699,112 |
Rochelle Zell Jewish High School Deerfield, IL | $17,970,776 | $8,473,073 |
Iowa State University Research Park Corp Ames, IA | $68,199,725 | $11,124,615 |
Minnesota State University Mankato Foundation Incorporated Mankato, MN | $77,015,205 | $9,285,148 |
University Gateway Corporation Minneapolis, MN | $78,655,248 | $6,023,242 |
Charles & Ellora Alliss Educational Foundation Milwaukee, WI | $87,576,345 | $9,781,011 |
University Of Central Missouri Foundation Warrensburg, MO | $77,602,876 | $17,903,644 |
Nebraska Defense Research Corporation Lincoln, NE | $12,097,402 | $14,649,208 |
Newman Foundation At The University Of Illinois Champaign, IL | $49,665,230 | $9,311,134 |