Fargo Education Association
- Assets
- $35.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fargo, ND
- Founding
- 04/1976
- Data as of
- 08/2023
- EIN
- 51-0187374
Organization Overview
Fargo Education Association is located in Fargo, ND. The organization was established in 1976. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. Fargo Education Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2023, Fargo Education Association generated $40.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (9.7%) each year. All expenses for the organization totaled $29.4k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (20.3%) per year over the past 4 years. 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
WE ARE A TEACHER EDUCATION ASSOCIATION. MEMBERS PAY NATIONAL DUES AND THE LOCAL DUES SIMPLY PAYS FOR OUR PRESIDENT TO HAVE RELEASE TIME FOR SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Belgarde President | 30 | $0 | |
Grant Kraft Vice President | 10 | $0 | |
Lannette Christmann Treasurer | 3 | $0 | |
Jenny Kading Secretary | 3 | $0 | |
Brent Aasby Membership | 5 | $0 | |
Steffanie Jorgenson Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $36,854 |
| Investment income | $31 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $3,287 |
| Total Revenue | $40,172 |
| 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 | $13,148 |
| Occupancy, rent, utilities, and maintenance | $5,000 |
| Printing, publications, postage, and shipping | $723 |
| Other expenses | $10,506 |
| Total expenses | $29,377 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $35,902 |
| Other assets | $0 |
| Total assets | $35,902 |
| Total liabilities | $0 |
| Net assets or fund balances | $35,902 |