Cedar Springs Education Foundation
- Assets
- $473.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cedar Springs, MI
- Founding
- 04/1987
- Data as of
- 12/2021
- EIN
- 38-2722498
Organization Overview
Cedar Springs Education Foundation is located in Cedar Springs, MI. The organization was established in 1987. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedar Springs 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 12/2021, Cedar Springs Education Foundation generated $34.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (6.8%) each year. All expenses for the organization totaled $13.2k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (21.0%) per year over the past 7 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 |
|---|---|---|---|
Shannon Cooper President | 0 | $0 | |
Audrey Debri Secretary | 0 | $0 | |
Tom Noreen First Vice C | 0 | $0 | |
Debby Gingrich Trustee | 0 | $0 | |
Chad Wight Trustee | 0 | $0 | |
April Schulte Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $18,036 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,748 |
| Gain or Loss | $10,148 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $34,932 |
| 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 | $5,321 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20 |
| Total expenses | $13,218 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $25,390 |
| Other assets | $0 |
| Total assets | $473,869 |
| Total liabilities | $0 |
| Net assets or fund balances | $473,869 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cedar Springs Education Foundation has recieved totaling $7,970.
| Awarding Organization | Amount |
|---|---|
Grand Rapids Community Foundation Grand Rapids, MI PURPOSE: MINI-GRANT AWARDS. | $7,970 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Asante Foundation Inc South Bend, IN | $170,490,031 | $16,382,298 |
The Steve & Amy Van Andel Foundation Grand Rapids, MI | $111,040,892 | $8,504,096 |
Deborah Joy Simon Foundation Carmel, IN | $67,791,546 | $8,858,983 |
Hillier Family Foundation Akron, OH | $0 | $3,603,112 |
Wing Shadow Foundation Ada, MI | $89,908,464 | $23,772,931 |
Scripps-Howard Foundation Cincinnati, OH | $57,417,924 | $12,029,094 |
Albert J Weatherhead Estate Trust Uw Item Iv National City Bk Of Cle Mayfield Heights, OH | $171,110,624 | $12,657,241 |
Hummingbird Society Foundation Cincinnati, OH | $175,019 | $103,373 |
Carls Foundation Bloomfield Hills, MI | $120,507,770 | $14,280,001 |
The David And Carol Van Andel Family Foundation Grand Rapids, MI | $107,851,670 | $8,218,571 |
Christ Cares For Kids Foundation Traverse City, MI | $46,569,965 | $9,675,626 |
James J And Joan A Gardner Family Foundation Cincinnati, OH | $68,091,187 | $14,231,664 |