Ezra L Baker Revolving Educational Loan Fund

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 12/2021, Ezra L Baker Revolving Educational Loan Fund generated $25.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $5.5k during the year ending 12/2021. While expenses have increased by 10.1% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

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 $7,000 IN NEW LOANS IN 2021.


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Board, Officers & Key Employees

Name (title)Compensation
Mark Engelhart
Trustee
$0
William O Edwards
Trustee
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$700
Membership dues$0
Investment income $13,527
Gain or Loss$11,646
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$25,873

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