Wealthy Elementary School Parent Teacher Organization
- Assets
- $67.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- East Grand Rapids, MI
- Founding
- 08/2014
- Data as of
- 06/2024
- EIN
- 46-3045798
Organization Overview
Wealthy Elementary School Parent Teacher Organization is located in East Grand Rapids, MI. The organization was established in 2014. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, 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. Wealthy Elementary School Parent Teacher Organization 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 06/2024, Wealthy Elementary School Parent Teacher Organization generated $73.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 41.1% each year . All expenses for the organization totaled $53.4k during the year ending 06/2024. While expenses have increased by 5.5% per year over the past 4 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
2024
Describe the Organization's Program Activity:
Part 3
THE PRIMARY PURPOSE IS TO PROVIDE SUPPORT FOR WEALTHY SCHOOL THROUGH ADDED BENEFITS AND PROGRAMS PUT ON BY THE PARENT TEACHER ORGANIZATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Kimball Past-Preside | 2 | $0 | |
Kari Bordoli President | 2 | $0 | |
Michelle Abraham Senior Treas | 2 | $0 | |
Kelsey Walton Treasurer | 2 | $0 | |
Gena Abbott Vice Preside | 2 | $0 | |
Bill Saxton Correspondin | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,275 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,275 |
| 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 | $550 |
| Occupancy, rent, utilities, and maintenance | $275 |
| Printing, publications, postage, and shipping | $1,000 |
| Other expenses | $51,606 |
| Total expenses | $53,431 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $67,831 |
| Other assets | $0 |
| Total assets | $67,831 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,831 |