Frankfort-Elberta Area Schools Educational Foundation
- Assets
- $306.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Frankfort, MI
- Founding
- 09/1996
- Data as of
- 12/2022
- 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 12/2022, Frankfort-Elberta Area Schools Educational Foundation generated $24.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.4% each year. All expenses for the organization totaled $15.9k during the year ending 12/2022. 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 |
|---|---|---|---|
Alan Luedtke Director | 0 | $0 | |
Troy Terwilliger Treasurer/se | 0 | $0 | |
Anna Luther Director | 0 | $0 | |
Amy Schindler Chairperson | 0 | $0 | |
Patty Roth Director | 0 | $0 | |
Laura Reznich Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,110 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,115 |
| Gain or Loss | $21 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,246 |
| 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 | $1,100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $91 |
| Total expenses | $15,888 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $306,314 |
| Other assets | $0 |
| Total assets | $306,314 |
| Total liabilities | $0 |
| Net assets or fund balances | $306,314 |