Merced County Education Foundation
- Assets
- $149.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Merced, CA
- Founding
- 08/2012
- Data as of
- 06/2023
- EIN
- 45-3561850
Organization Overview
Merced County Education Foundation is located in Merced, CA. The organization was established in 2012. According to its NTEE Classification (B19) the organization is classified as: Support 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. Merced County Education 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 06/2023, Merced County Education Foundation generated $61.4k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $242.5k during the year ending 06/2023. 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
PROVIDED 5 SCHOLARSHIPS TO STUDENTS ATTENDING COLLEGE OR TO OBTAIN VOCATIONAL CERTIFICATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nancy Young-Bergman President | 2 | $0 | |
Steve Tinetti Vice President | 2 | $0 | |
Mary Ellen Arana Secretary | 2 | $0 | |
Michelle Fagundes Director | 2 | $0 | |
Joe Doyland Director | 2 | $0 | |
Ellie Jorritsma Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,865 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $113 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,388 |
| Other Revenue | $0 |
| Total Revenue | $61,366 |
| 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 | $10,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,768 |
| Other expenses | $334 |
| Total expenses | $242,465 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $149,705 |
| Other assets | $0 |
| Total assets | $149,705 |
| Total liabilities | $0 |
| Net assets or fund balances | $149,705 |