Friends Of Randolph Scholars
- Assets
- $333.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Randolph, MN
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-4245117
Organization Overview
Friends Of Randolph Scholars is located in Randolph, MN. The organization was established in 2014. 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. Friends Of Randolph Scholars 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, Friends Of Randolph Scholars generated $122.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $72.7k during the year ending 12/2021. While expenses have increased by 0.5% per year over the past 5 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
PROVIDED SCHOLARSHIPS FOR HIGHER EDUCATION TO SENIORS GRADUATING FROM RANDOLPH HIGH SCHOOL, INDEPENDENT SCHOOL DISTRICT 195. 40 SCHOLARSHIPS WERE DISTRIBUTED DURING 2021.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sara Taylor President | 3 | $0 | |
Karen Hare Vice President | 1 | $0 | |
Stephanie Groenke Director | 1 | $0 | |
Chris Heiman Director | 1 | $0 | |
Bonnie Hvistendahl Director | 1 | $0 | |
Benjamin Fisher Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $109,143 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12,109 |
| Gain or Loss | $794 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $122,046 |
| 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 | $1,513 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $55 |
| Other expenses | $100 |
| Total expenses | $72,657 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $333,718 |
| Other assets | $0 |
| Total assets | $333,718 |
| Total liabilities | $10,500 |
| Net assets or fund balances | $323,218 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Friends Of Randolph Scholars has recieved totaling $52,309.
| Awarding Organization | Amount |
|---|---|
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $46,723 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,550 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $36 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
St Paul City School St Paul, MN | $6,285,490 | $9,442,026 |
Iowa Association For The Education Of Young Children Inc Urbandale, IA | $815,186 | $7,200,490 |
East Dakota Educational Cooperative Sioux Falls, SD | $5,426,642 | $6,544,285 |
Wisconsin Center For Manufacturing And Productivity Inc Madison, WI | $1,793,408 | $5,861,220 |
Heritage Christian Schools Inc New Berlin, WI | $9,766,972 | $6,403,349 |
Minnesota Society Of Certified Public Accountants Bloomington, MN | $11,208,207 | $6,449,608 |
Wisconsin Eschool Network Inc Burlington, WI | $5,717,556 | $6,828,639 |
Grand View Christian School Association Inc Des Moines, IA | $3,097,175 | $6,383,728 |
Project Success-Students Undertaking Creative Control Minneapolis, MN | $9,553,286 | $4,323,696 |
Central Minnesota Christian School Prinsburg, MN | $18,739,916 | $5,096,698 |
The Milwaukee Teacher Education Center Inc West Allis, WI | $1,763,964 | $4,423,294 |