Portage Education Association Inc
- Assets
- $113.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portage, MI
- Founding
- 03/1971
- Data as of
- 08/2022
- EIN
- 38-1905019
Organization Overview
Portage Education Association Inc is located in Portage, MI. The organization was established in 1971. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. Portage Education Association Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2022, Portage Education Association Inc generated $81.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $76.7k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (4.5%) 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
2022
Describe the Organization's Program Activity:
Part 3
WE HAVE SUCCESSFULLY NEGOTIATED TEACHER CONTRACTS WITH THE PORTAGE PUBLIC SCHOOLS AND SUPPORTED TEACHERS IN THEIR JOBS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher Furlong President | 20 | $89,480 | |
Martha Keeler Treasurer And Membership Chairperson | 5 | $2,893 | |
Marcia Moore Secretary | 1 | $598 | |
Kathleen Frink Vice President | 5 | $593 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $77,991 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,317 |
| Total Revenue | $81,313 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $62,579 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $163 |
| Other expenses | $13,918 |
| Total expenses | $76,660 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,914 |
| Other assets | $0 |
| Total assets | $113,914 |
| Total liabilities | $0 |
| Net assets or fund balances | $113,914 |
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