Eric Nicolin Applen Fund
- Assets
- $143.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Champlin, MN
- Founding
- 08/2004
- Data as of
- 12/2022
- EIN
- 30-0163085
Organization Overview
Eric Nicolin Applen Fund is located in Champlin, MN. The organization was established in 2004. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eric Nicolin Applen 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 12/2022, Eric Nicolin Applen Fund generated $7.1k 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 (22.0%) each year. All expenses for the organization totaled $15.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.6%) 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 |
|---|---|---|---|
Mark Applen President | 0 | $0 | |
Janet Applen Vice Preside | 0 | $0 | |
Scott Romane Director | 0 | $0 | |
Susan Romane Director | 0 | $0 | |
John Budde Director | 0 | $0 | |
Gail Budde Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,620 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,752 |
| Gain or Loss | $1,737 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,109 |
| 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 | $25 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,244 |
| Total expenses | $15,269 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $143,198 |
| Other assets | $0 |
| Total assets | $143,198 |
| Total liabilities | $0 |
| Net assets or fund balances | $143,198 |