Norman Borlaug Heritage Foundation
- Assets
- $0.0
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cresco, IA
- Founding
- 03/2001
- Data as of
- 12/2023
- EIN
- 42-1508824
Organization Overview
Norman Borlaug Heritage Foundation is located in Cresco, IA. The organization was established in 2001. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Norman Borlaug Heritage 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 12/2023, Norman Borlaug Heritage Foundation generated $73.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $42.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (14.5%) per year over the past 4 years. 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
2023
Describe the Organization's Program Activity:
Part 3
RESTORATION AND TOURS OF BORLAUG CHILDHOOD FARM TO BENEFITSCHOOL CHILDREN AND OTHER INDIVIDUALS WITH TOURS ANDEDUCATIONAL PROGRAMS REGARDING AGRICULTURE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Schmauss President | 1 | $0 | |
Mark Johnson Vice President | 1 | $0 | |
Gary Gassett Treasurer | 1 | $0 | |
Shirley Sovereign Secretary | 1 | $0 | |
Vickie Grube Director | 1 | $0 | |
Steve Johnson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $52,371 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $107 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $16,791 |
| Total Revenue | $73,245 |
| 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 | $375 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $860 |
| Other expenses | $41,261 |
| Total expenses | $42,496 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $0 |
| Net assets or fund balances | $30,749 |