Ferndale Education Association
- Assets
- $129.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ferndale, WA
- Founding
- 06/1971
- Data as of
- 08/2023
- EIN
- 23-7113263
Organization Overview
Ferndale Education Association is located in Ferndale, WA. The organization was established in 1971. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. Ferndale Education Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 08/2023, Ferndale Education Association generated $84.3k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $69.6k during the year ending 08/2023. While expenses have increased by 0.6% per year over the past 4 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.
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 |
|---|---|---|---|
Tracie Morris President | 15 | $12,250 | |
Amy Nylen Vice President | 2.5 | $2,500 | |
Susan Smith Secretary | 1.5 | $1,600 | |
Thirza Zagelow Treasurer | 2.5 | $1,250 | |
Denise Guessford Head Bargainer | 3.5 | $1,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $79,207 |
| Investment income | $577 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $84,284 |
| 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 | $37,850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $289 |
| Other expenses | $22,431 |
| Total expenses | $69,570 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $128,591 |
| Other assets | $0 |
| Total assets | $129,591 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,591 |