Centennial Area Education Foundation Inc

Organization Overview

Centennial Area Education Foundation Inc is located in Circle Pines, MN. The organization was established in 2002. 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. Centennial Area Education 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, Centennial Area Education Foundation Inc generated $81.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $93.7k during the year ending 12/2021. While expenses have increased by 4.0% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SCHOLARSHIPS AND EDUCATIONAL GRANTS TO THE AREA SERVED BY THE CENTENNIAL SCHOOL DISTRICT #12.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIP PAYMENTS TO THE STUDENTS OF THE CENTENNIAL SCHOOL DISTRICT


COMMUNITY GRANTS TO INDIVIDUALS, BUSINESS ENTITIES, AND EDUCATIONAL ORGANIZATIONS SERVED BY THE CENTENNIAL SCHOOL DISTRICT #12


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Board, Officers & Key Employees

Name (title)Compensation
Chris Bettinger
Vice President
$0
Jesse Bentrup
President/treasurer
$0
Desiree Phillips
Secretary
$0
Catherine Streit
Director
$0
Sue Linser
Director
$0
Angela Parisian
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$5,800
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$44,407
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$50,207
Total Program Service Revenue$0
Investment income $28,202
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $2,816
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $81,225

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Centennial Area Education Foundation Inc has recieved totaling $2,000.

Awarding OrganizationAmount
Connexus Energy Foundation

Ramsey, MN

PURPOSE: HIGH SCHOOL SCHOLARSHIPS

$2,000
View Grant Recipient Profile

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