Regents Of The University Of Minnesota
- Assets
- $101.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Luverne, MN
- Founding
- 07/2013
- Data as of
- 09/2021
- EIN
- 20-5071883
Organization Overview
Regents Of The University Of Minnesota is located in Luverne, MN. The organization was established in 2013. According to its NTEE Classification (O52) the organization is classified as: Youth Development - Agricultural, under the broad grouping of Youth Development and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Regents Of The University Of Minnesota 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 09/2021, Regents Of The University Of Minnesota generated $50.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $40.4k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (3.2%) per year over the past 6 years. 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 |
|---|---|---|---|
Leah Kruse Vice President | 1 | $0 | |
Krista Burkman President | 1 | $0 | |
Lanae Elbers Secretary | 1 | $0 | |
Nathan Kinsinger Treasurer | 2 | $0 | |
Karly Kruse South Youth Rep | 1 | $0 | |
Caleb Raak North Youth Rep | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,369 |
| Total Program Service Revenue | $24,503 |
| Membership dues | $0 |
| Investment income | $14 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,543 |
| Other Revenue | $33 |
| Total Revenue | $50,462 |
| 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 | $5,270 |
| Occupancy, rent, utilities, and maintenance | $500 |
| Printing, publications, postage, and shipping | $511 |
| Other expenses | $23,798 |
| Total expenses | $40,424 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $101,460 |
| Other assets | $0 |
| Total assets | $101,460 |
| Total liabilities | $0 |
| Net assets or fund balances | $101,460 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Racine County Agricultural Society Inc Union Grove, WI | $3,072,798 | $1,782,527 |
Iowa Ffa Foundation Ankeny, IA | $12,403,855 | $1,572,741 |
Future Farmers Of America Ankeny, IA | $634,939 | $1,032,160 |
Wisconsin 4-H Foundation Inc Madison, WI | $5,255,333 | $529,277 |
North Dakota Ffa Foundaton Incorporated Bismarck, ND | $2,357,984 | $584,038 |
Wisconsin Association Of Ffa Incorporated Madison, WI | $865,211 | $467,320 |
The Wisconsin Ffa Foundation Inc Madison, WI | $2,205,553 | $598,609 |
Future Farmers Of America And Its State Associations & Local Chapter St Paul, MN | $234,990 | $568,184 |
4-H Clubs & Affiliated 4-H Organizations Fargo, ND | $4,432,232 | $751,100 |
South Dakota Ffa Foundation Inc Bath, SD | $1,190,469 | $597,022 |
Minnesota Agriculture In The Classroom Inc Foundation Bemidji, MN | $191,389 | $337,136 |
Future Farmers Of America And Its State Associations & Local Chapter Bismarck, ND | $372,448 | $179,734 |