Kent Education Association
- Assets
- $294.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 6
- Location
- Kent, OH
- Founding
- 02/1981
- Data as of
- 06/2024
- EIN
- 34-1325320
Organization Overview
Kent Education Association is located in Kent, OH. The organization was established in 1981. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2024, Kent Education Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kent Education Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2024, Kent Education Association generated $62.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $54.3k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 7 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND ENCOURAGE THE HIGHEST STANDARDS OF PROFESSIONAL TEACHING PRACTICES. TO SERVE AS A BARGAINING AGENT AND TO PROVIDE LEGAL FUNDING TO MEMBERS.
Describe the Organization's Program Activity:
Part 3
PROVIDE TRAINING MEETINGS AND EDUCATIONAL SEMINARS FOR MEMBERS AND HONOR STUDENTS.
MEMBER BENEFITS & CLASSROOM EQUIPMENT AND SUPPLIES
LEGAL AND PROFESSIONAL FEES PAID FOR NEGOTIATIONS AS A BARGAINING AGENT FOR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Susel President | 2 | $5,500 | |
Ellen Budd Vice President | 2 | $3,000 | |
Becky Prelog Treasurer | 2 | $3,000 | |
Maggie Jadwin Secretary | 2 | $0 | |
Brent Pfeiffer Vice President | 2 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $53,559 |
| Investment income | $8,521 |
| Gain or Loss | $459 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $62,539 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,998 |
| Professional fees and other payments to independent contractors | $20,975 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,298 |
| Total expenses | $54,271 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $294,491 |
| Other assets | $0 |
| Total assets | $294,501 |
| Total liabilities | $430 |
| Net assets or fund balances | $294,071 |