Spanish Education Fund
- Assets
- $166.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eden Prairie, MN
- Founding
- 05/2010
- Data as of
- 06/2022
- EIN
- 27-0584708
Organization Overview
Spanish Education Fund is located in Eden Prairie, MN. The organization was established in 2010. According to its NTEE Classification (A23) the organization is classified as: Cultural & Ethnic Awareness, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Spanish Education Fund 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 06/2022, Spanish Education Fund generated $46.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $32.9k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (16.6%) per year over the past 6 years. 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
0
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Bailey Chair | 10 | $0 | |
Wayne Bailey Treasurer | 10 | $0 | |
Scott Meyer Vice Chair | 5 | $0 | |
Pam Noll Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,411 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $11 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $17,913 |
| Other Revenue | $0 |
| Total Revenue | $46,335 |
| 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 | $5,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $704 |
| Other expenses | $26,729 |
| Total expenses | $32,933 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $166,180 |
| Other assets | $0 |
| Total assets | $166,180 |
| Total liabilities | $0 |
| Net assets or fund balances | $166,180 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Spanish Education Fund has recieved totaling $6,115.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,706 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $334 |
Baird Foundation Inc Milwaukee, WI PURPOSE: HEALTH AND HUMAN SERVICES | $75 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Swedish Institute Minneapolis, MN | $53,674,080 | $22,744,075 |
First Peoples Fund Rapid City, SD | $11,478,942 | $11,058,456 |
Coalition Of Asian American Leaders St Paul, MN | $4,205,998 | $3,284,074 |
National Native American Boarding School Healing Coalition Minneapolis, MN | $8,382,833 | $1,366,565 |
Black Hills Badlands & Lakes Association Rapid City, SD | $1,241,083 | $1,774,171 |
The Germanic-American Institute St Paul, MN | $1,003,743 | $1,467,088 |
Blackhawks Of St Paul St Paul, MN | $194,784 | $1,434,871 |
Native American Community Development Institute Minneapolis, MN | $2,572,714 | $2,143,377 |
Siouxland Expo Center Sioux City, IA | $20,203,719 | $764,942 |
Pella Historical Society Pella, IA | $6,258,526 | $1,077,939 |
Ka Joog Non Profit Organization Minneapolis, MN | $518,800 | $1,454,173 |
Norway House Minneapolis, MN | $14,269,923 | $2,850,328 |