Child Assistance Resource And Education Team Inc
- Assets
- $268.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Algona, IA
- Founding
- 09/1990
- Data as of
- 12/2021
- EIN
- 42-1329834
Organization Overview
Child Assistance Resource And Education Team Inc is located in Algona, IA. The organization was established in 1990. 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. Child Assistance Resource And Education Team 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 12/2021, Child Assistance Resource And Education Team Inc generated $155.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $107.1k during the year ending 12/2021. While expenses have increased by 1.1% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
SPECIFIC ASSISTANCE WAS PROVIDED TO KOSSUTH COUNTY AREA INDIVIDUALS IN NEED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Linda Vaudt Director | 0 | $31,348 | |
Allison Klee Director | 0 | $9,360 | |
Amanda Redenius Vice Preside | 0 | $0 | |
Leah Wilhite Secretary | 0 | $0 | |
Emily Bormann President | 0 | $0 | |
Cindy Finn Vice Preside | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,873 |
| Total Program Service Revenue | $6,620 |
| Membership dues | $0 |
| Investment income | $1,242 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $20,150 |
| Other Revenue | $0 |
| Total Revenue | $155,885 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $67,548 |
| Professional fees and other payments to independent contractors | $1,298 |
| Occupancy, rent, utilities, and maintenance | $17,248 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $21,026 |
| Total expenses | $107,120 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $268,912 |
| Other assets | $0 |
| Total assets | $268,912 |
| Total liabilities | $0 |
| Net assets or fund balances | $268,912 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Child Assistance Resource And Education Team Inc has recieved totaling $27.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $27 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
Iowa Student Loan Liquidity Corp West Des Moines, IA | $1,230,053,718 | $45,688,659 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Northstar Education Finance Inc Eagan, MN | $1,293,468,719 | $40,177,777 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Scholarship America Inc Minneapolis, MN | $219,130,905 | $29,933,482 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |
Waitt Foundation North Sioux City, SD | $157,175,219 | $6,009,824 |