Multicultural Educational Foundation
- Assets
- $13.7k
- Revenue
- $35.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Mokena, IL
- Founding
- Data as of
- 12/2016
- EIN
- 20-3069142
Organization Overview
Multicultural Educational Foundation is located in Mokena, IL. Multicultural Educational Foundation 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 12/2016, Multicultural Educational Foundation generated $35.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (42.5%) each year. All expenses for the organization totaled $121.0k during the year ending 12/2016. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2016
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION GRANTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Binu Mohan Director | 0 | $0 | |
Carla Dumas Treasurer | 0 | $0 | |
Kari Pantol Director | 0 | $0 | |
Michael Panek Director | 0 | $0 | |
Andrea Ramirez-Justin Director | 0 | $0 | |
Robert Wright President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $27,584 |
| Interest on Savings | $0 |
| 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 | $8,188 |
| Total Revenue | $35,772 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,000 |
| Other employee salaries and wages | $27,546 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $17,012 |
| Travel, conferences, and meetings | $1,580 |
| Printing and publications | $2,427 |
| Other expenses | $14,657 |
| Total operating and administrative expenses | $112,143 |
| Contributions, gifts, grants paid | $8,863 |
| Total expenses and disbursements | $121,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,685 |
| Savings and temporary cash investments | $0 |
| 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 | $13,685 |
| 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, Multicultural Educational Foundation has awarded $8,863 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
SAINT XAVIER UNIVERSITY PURPOSE: EDUCATIONAL | $1,000 |
MORAINE VALLEY COMMUNITY COLLEGE PURPOSE: EDUCATIONAL | $2,000 |
UNIVERSITY OF CHICAGO PURPOSE: EDUCATIONAL | $500 |
A SAFE HAVEN PURPOSE: CHARITABLE | $2,000 |
NATIONAL TEACHERS ACADEMY PURPOSE: EDUCATIONAL | $3,363 |