Ezra L Baker Revolving Educational Loan Fund
- Assets
- $345.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Aberdeen, SD
- Founding
- 11/1968
- Data as of
- 12/2022
- EIN
- 46-6018786
Organization Overview
Ezra L Baker Revolving Educational Loan Fund is located in Aberdeen, SD. The organization was established in 1968. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Ezra L Baker Revolving Educational Loan Fund 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, Ezra L Baker Revolving Educational Loan Fund generated $20.7k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $5.8k during the year ending 12/2022. While expenses have increased by 9.4% per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
TO ADMINISTER STUDENT LOANS TO DESERVING ATTENDANTS OF THE FIRST BAPTIST CHURCH OF ABERDEEN FOR COLLEGE OR UNIVERSITY TRAINING. THE ORGANIZATION ISSUED $4,500 IN NEW LOANS IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Engelhart Trustee | 1 | $0 | |
William O Edwards Trustee | 0.1 | $0 | |
Pastor Gary Compton Trustee | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $468 |
| Membership dues | $0 |
| Investment income | $10,190 |
| Gain or Loss | $10,077 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,735 |
| 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 | $1,294 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $4,461 |
| Total expenses | $5,755 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $299,423 |
| Other assets | $0 |
| Total assets | $345,760 |
| Total liabilities | $211 |
| Net assets or fund balances | $345,549 |