Weeres Foundation Inc
- Assets
- $201.0k
- Revenue
- $10.2k
- Investments
- $0.0
- Employees
- 0
- Location
- St Cloud, MN
- Founding
- 05/2005
- Data as of
- 12/2022
- EIN
- 20-1254832
Organization Overview
Weeres Foundation Inc is located in St Cloud, MN. The organization was established in 2005. 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. Weeres Foundation 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 12/2022, Weeres Foundation Inc generated $10.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $9.9k during the year ending 12/2022. While expenses have increased by 0.1% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donald Weeres Officer Director | 0 | $0 | |
Beth Falconer President | 0 | $0 | |
Sylvia Weeres Vice President | 0 | $0 | |
Andra Knapek Treasurer | 0 | $0 | |
Jana Schindele Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,800 |
| Interest on Savings | $1,397 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $10,197 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $127 |
| Total operating and administrative expenses | $612 |
| Contributions, gifts, grants paid | $9,300 |
| Total expenses and disbursements | $9,912 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $853 |
| Savings and temporary cash investments | $200,157 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $201,010 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Weeres Foundation Inc has awarded $9,300 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
HEATH HALLE PURPOSE: FOR POST-SECONDARY EDUCATION | $2,400 |
NIGON KENDALL PURPOSE: FOR POST-SECONDARY EDUCATION | $2,000 |
ROBERTS RACHAEL PURPOSE: FOR POST-SECONDARY EDUCATION | $1,900 |
HEPPERLE SYDNEY PURPOSE: FOR POST-SECONDARY EDUCATION | $800 |
MELCHERT HALEY PURPOSE: FOR POST-SECONDARY EDUCATION | $2,200 |