Frankfort-Elberta Area Schools Educational Foundation
- Assets
- $321.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frankfort, MI
- Founding
- 09/1996
- Data as of
- 12/2021
- EIN
- 38-3006011
Organization Overview
Frankfort-Elberta Area Schools Educational Foundation is located in Frankfort, MI. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Frankfort-Elberta Area Schools Educational 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, Frankfort-Elberta Area Schools Educational Foundation generated $27.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.9% each year. All expenses for the organization totaled $10.3k during the year ending 12/2021. 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 |
|---|---|---|---|
Troy Terwilliger Treasurer/se | 0 | $0 | |
Amy Schindler Chairperson | 0 | $0 | |
Kate Gilbert Director | 0 | $0 | |
Laura Reznich Director | 0 | $0 | |
Alan Luedtke Director | 0 | $0 | |
Patty Roth Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,130 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,934 |
| Gain or Loss | $174 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $27,238 |
| 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 | $1,710 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $44 |
| Total expenses | $10,254 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $321,298 |
| Other assets | $0 |
| Total assets | $321,298 |
| Total liabilities | $0 |
| Net assets or fund balances | $321,298 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Frankfort-Elberta Area Schools Educational Foundation has recieved totaling $12,380.
| Awarding Organization | Amount |
|---|---|
Grand Traverse Regional Community Foundation Traverse City, MI PURPOSE: B:EDUCATION | $12,380 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewell Educational Fund Owosso, MI | $398,993,901 | $18,985,075 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Perkins Malo Hunter Foundation Holland, MI | $51,295,166 | -$331,905 |
Thompson Foundation Plymouth, MI | $5,518,000 | $2,844,461 |
The Endowment Fund Of The Phi Kappa Psi Fraternity Indianapolis, IN | $26,119,752 | $5,253,152 |
Beta Theta Pi Foundation Oxford, OH | $33,085,697 | $6,703,723 |
Sc Johnson Giving Inc Racine, WI | $34,098,989 | $19,343,102 |
Cardinal Health Foundation Dublin, OH | $40,394,329 | $2,713,784 |
Herb Kohl Educational Foundation Inc Milwaukee, WI | $133,385 | $3,506,418 |
Say Yes Cleveland Scholarship Inc Cleveland, OH | $89,649,014 | $4,775,644 |
Ab Nicholas Scholarship Foundation Mequon, WI | $58,753,687 | $6,013,180 |
John F And Edith L Wilsterman Foundation Flushing, MI | $43,019,363 | $3,159,735 |