Hermantown Parent Teacher Organization
- Assets
- $76.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hermantown, MN
- Founding
- 12/2010
- Data as of
- 12/2021
- EIN
- 80-0652135
The information for Hermantown Parent Teacher Organization is as of the organization's most recent filing in December 2020. This organization is located in Hermantown, MN and has been in existence for 10 years, following its founding in 2010.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Hermantown Parent Teacher Organization's NTEE code is B94. The "B" tells us that the organization is classified along with Parent & Teacher Groups. The "94" tells us that the organization is an Education organization. The NTEE describes Education organizations as organizations of parents, educators, students, and other citizens who are active in their schools and communities promoting the health, education, and welfare of children. Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.
Program Areas
The Parent Teacher Organization (PTO) serves as a liaison between parents, teachers, and administrators to provide the best educational experience for our children. It strives to enhance cooperation between home and school in order to ensure quality education and promote the welfare of children in home, school, and community. The PTO raises funds for enriching activities, class trips, and mini grants to teachers for extra classroom needs.
Organization Growth
The Hermantown Parent Teacher Organization has not seen growth over the given time period. Specifically, Program Service Revenue has decreased from $28.1K in 2015 to $4.7K in 2020, and Total Revenue has decreased from $54.3K in 2015 to $6.4K in 2020.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Trista Swanson Treasurer | 0 | $0 | |
Jennifer Borich Secretary | 0 | $0 | |
Jaime Wentzel School Chair | 0 | $0 | |
Julie Lenz Teacher Lias | 0 | $0 | |
Chad Roberg Chairperson | 0 | $0 | |
Melissa Kaneski Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,297 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $25,904 |
| 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 | $660 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $47 |
| Other expenses | $14,470 |
| Total expenses | $15,177 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $76,726 |
| Other assets | $0 |
| Total assets | $76,726 |
| Total liabilities | $0 |
| Net assets or fund balances | $76,726 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Hermantown Parent Teacher Organization has recieved totaling $366.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $366 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Amaze Saint Paul, MN | $440,273 | $875,410 |
Waukee Parent-Teacher Organization Waukee, IA | $283,325 | $492,659 |
Tiger Fan Club Farmington, MN | $585,844 | $422,920 |
Rice Lake Celebrity Charity Classic Inc Rice Lake, WI | $18,015 | $254,581 |
Faith Hope And Love Global Ministries Minneapolis, MN | $298,058 | $293,794 |
Midvale Lincoln Parent Teacher Organization Inc Madison, WI | $174,864 | $372,510 |
East Ridge Parent & Staff Organization Nonprofit Saint Paul, MN | $353,198 | $233,363 |
West Marshall Community Schools Association State Center, IA | $231,488 | $232,386 |
Racine Coop Nursery School Racine, WI | $160,084 | $0 |
Titan Booster Club Inc Montgomery, MN | $166,060 | $254,021 |
Hudson Blue Line Club Inc Hudson, WI | $80,542 | $0 |
Inver Grove Heights B E S T Foundation Inver Grove Heights, MN | $1,805,647 | $127,085 |