United Telephone Educational Foundation Inc
- Assets
- $661.4k
- Revenue
- $1.9k
- Investments
- $0.0
- Employees
- 0
- Location
- Langdon, ND
- Founding
- 08/1990
- Data as of
- 12/2022
- EIN
- 45-0414760
Organization Overview
United Telephone Educational Foundation Inc is located in Langdon, ND. The organization was established in 1990. 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. United Telephone Educational 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 12/2022, United Telephone Educational Foundation Inc generated $1.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (42.8%) each year. All expenses for the organization totaled $36.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, United Telephone Educational Foundation Inc has awarded 178 individual grants totaling $211,600. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernard Schommer President | 0.08 | $200 | |
Guy Mitchell Vice President | 0.08 | $200 | |
Steve Swanson Secretary-Treasurer | 0.08 | $0 | |
William Brooks Director | 0.08 | $200 | |
Michelle Christianson Director | 0.08 | $200 | |
Bev Gage Director | 0.08 | $200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,934 |
| Dividends & Interest | $0 |
| 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 | $0 |
| Total Revenue | $1,934 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,800 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $56 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $186 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,142 |
| Contributions, gifts, grants paid | $32,000 |
| Total expenses and disbursements | $36,142 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $661,410 |
| 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 | $661,410 |
| 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 |
Grants Awarded
Over the last fiscal year, United Telephone Educational Foundation Inc has awarded $32,000 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
MEGAN BOE PURPOSE: SCHOLARSHIP | $1,000 |
BRAILYN DAVIS PURPOSE: SCHOLARSHIP | $1,000 |
KAYLEE SCHELL PURPOSE: SCHOLARSHIP | $1,000 |
ETHAN KRAM PURPOSE: SCHOLARSHIP | $1,000 |
JODEE FRITEL PURPOSE: SCHOLARSHIP | $1,000 |
JAXEN JOHNSON PURPOSE: SCHOLARSHIP | $1,000 |