Sales And Marketing Education Foundation Inc
- Assets
- $54.9k
- Revenue
- $4.6k
- Investments
- $53.0k
- Employees
- 0
- Location
- Delafield, WI
- Founding
- 11/1988
- Data as of
- 06/2022
- EIN
- 39-1622690
Organization Overview
Sales And Marketing Education Foundation Inc is located in Delafield, WI. The organization was established in 1988. 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. Sales And Marketing Education Foundation Inc 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 06/2022, Sales And Marketing Education Foundation Inc generated $4.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (14.7%) each year. All expenses for the organization totaled $691.0 during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (43.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
FOUNDATION PROVIDES GRANTS AWARDS FOR HIGH SCHOOL AND COLLEGE STUDENTS TO FURTHER THE EDUCATION OF THOSE STUDENTS IN THEIR UNDERSTANDING OF THE ROLE OF SALES AND MARKETING AS IT APPLIES TO BUSINESS IN THE FREE ENTERPRISE SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael J Cassidy Board Member | 0.2 | $0 | |
John Zielinski Board Member | 0.2 | $0 | |
Eric Radomski Sec Treas | 0.2 | $0 | |
Raymond Yankus Board Member | 0.2 | $0 | |
Don L Weltzien President | 0.5 | $0 | |
Chris Gebert Vice President | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $716 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,868 |
| Total Revenue | $4,584 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $691 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $691 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,860 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $54,871 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
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