Okemos Education Foundation
- Assets
- $295.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Okemos, MI
- Founding
- 03/1985
- Data as of
- 06/2023
- EIN
- 38-2571832
Organization Overview
Okemos Education Foundation is located in Okemos, MI. The organization was established in 1985. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Okemos Education Foundation 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 06/2023, Okemos Education Foundation generated $46.8k 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 (6.0%) each year. All expenses for the organization totaled $75.8k during the year ending 06/2023. 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 |
|---|---|---|---|
Deb Baughman Trustee | 1 | $0 | |
Mary Gebara Trustee | 1 | $0 | |
John Hood Trustee | 1 | $0 | |
Tena Sinila Trustee | 1 | $0 | |
Lynn Thatcher Trustee | 1 | $0 | |
Sara Roland Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,496 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,786 |
| Gain or Loss | -$14,529 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $46,753 |
| 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 | $1,953 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $7,714 |
| Other expenses | $27,460 |
| Total expenses | $75,775 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $73,498 |
| Other assets | $0 |
| Total assets | $295,529 |
| Total liabilities | $6,279 |
| Net assets or fund balances | $289,250 |