Thoreau College Inc
- Assets
- $43.0k
- Revenue
- $352.9k
- Investments
- $0.0
- Employees
- 16
- Location
- Viroqua, WI
- Founding
- 04/2009
- Data as of
- 12/2021
- EIN
- 51-0573715
Organization Overview
Thoreau College Inc is located in Viroqua, WI. The organization was established in 2009. According to its NTEE Classification (B90) the organization is classified as: Educational Services, under the broad grouping of Education and related organizations. As of 12/2021, Thoreau College Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thoreau College Inc 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, Thoreau College Inc generated $352.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 39.9% each year . All expenses for the organization totaled $385.2k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THOREAU COLLEGE INC. IS TO CARRY OUT SHORT- AND LONG-TERM EDUCATIONAL PROGRAMS DESIGNED TO SUPPORT THE WELL-BEING OF SOCIETY AND OF THE HUMAN BEING INSPIRED BY THE WORK OF RUDOLF STEINER L.L. NUNN HENRY DAVID THOREAU AND N.F.S. GRUNDTVIG. THESE PROGRAMS SHALL INCLUDE SEMESTER AND YEAR LONG PROGRAMS FOR YOUNG ADULTS AS WELL AS SHORT-TERM CLASSES AND WORKSHOPS FOR ALL MEMBERS OF THE COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LAUNCHED YEAR LONG FULL TIME GAP YEAR PROGRAM WITH 7 YOUNG ADULTS.
OPERATED STUDENT-RUN GREENHOUSE GARDEN CENTER AND FARM STAND AS PART OF THOREAU COLLEGE CURRICULUM.
STAGED 55 CLASSES AND EVENTS WITH SEVERAL HUNDRED PARTICIPANTS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob S Hundt Executive Director | OfficerTrustee | 40 | $29,000 |
Mary Franklin Officer | OfficerTrustee | 1 | $0 |
Vince Hundt Director | Trustee | 1 | $0 |
Julie Tomaro Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,270 |
| All other contributions, gifts, grants, and similar amounts not included above | $168,262 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $171,532 |
| Total Program Service Revenue | $122,661 |
| Investment income | $1 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $54,729 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $352,870 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $7,230 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $137,749 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $13,414 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,547 |
| Fees for services: Accounting | $4,269 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $35,015 |
| Advertising and promotion | $6,673 |
| Office expenses | $1,829 |
| Information technology | $1,705 |
| Royalties | $0 |
| Occupancy | $103,975 |
| Travel | $1,545 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $113 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,085 |
| All other expenses | $25,668 |
| Total functional expenses | $385,169 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,883 |
| Savings and temporary cash investments | $121 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $43,004 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $583 |
| Other liabilities | $2,567 |
| Total liabilities | $3,150 |
| Net assets without donor restrictions | $39,854 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $43,004 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Thoreau College Inc has recieved totaling $6,233.
| Awarding Organization | Amount |
|---|---|
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $6,228 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chicago Cook Workforce Partnership Chicago, IL | $32,171,643 | $83,286,997 |
Aspira Inc Of Illinois Chicago, IL | $37,783,687 | $23,094,089 |
Riverbend Head Start Delegate Inc Alton, IL | $2,230,032 | $11,645,370 |
Integrity Educational Services Grand Rapids, MI | $1,165,431 | $9,051,642 |
Academy For Urban School Leadership Chicago, IL | $9,385,123 | $10,302,671 |
Primo Center For Women And Children Chicago, IL | $5,281,489 | $8,337,109 |
Wallin Education Partners St Paul, MN | $25,848,040 | $10,926,258 |
North Chicago Education Fund Chicago, IL | $29,249,144 | $33,611 |
New American Development Center Minneapolis, MN | $3,930,676 | $9,122,032 |
Bluesky Charter School Bloomington, MN | $6,912,497 | $6,906,603 |
Us Math Recovery Council Eagan, MN | $3,296,483 | $6,771,005 |
Racine Charter One Inc Racine, WI | $5,378,275 | $6,487,272 |