Edufest Inc
- Assets
- $203.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boise, ID
- Founding
- 01/2008
- Data as of
- 12/2023
- EIN
- 26-0546176
Organization Overview
Edufest Inc is located in Boise, ID. The organization was established in 2008. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Edufest 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 12/2023, Edufest Inc generated $49.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (15.5%) each year. All expenses for the organization totaled $64.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
SPONSOR OF AN EDUCATIONAL CONFERENCE. THE CONFERENCE OBJECTIVE IS TO PROVIDE TRAINING FOR TEACHERS, PARENTS, COUNSELORS, AND ADMINISTRATORS IN GIFTED EDUCATION. UNIVERSITY CREDIT IS OFFERED. A VARIETY OF CLASSES ARE OFFERED WITH SPEAKERS WELL-KNOWN IN THE AREA OF GIFTED EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jann Leppien President | 0.1 | $0 | |
Nancy Gregory Vice President | 0 | $0 | |
Lisa Morgan Secretary | 0.1 | $0 | |
Tina Powell Treasurer | 0.1 | $0 | |
Sherrie Bosserman Director | 0 | $0 | |
Del Siegle Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $250 |
| Total Program Service Revenue | $45,955 |
| Membership dues | $0 |
| Investment income | $3,357 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,562 |
| 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 | $28,075 |
| Occupancy, rent, utilities, and maintenance | $776 |
| Printing, publications, postage, and shipping | $195 |
| Other expenses | $34,943 |
| Total expenses | $63,989 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $202,795 |
| Other assets | $0 |
| Total assets | $202,966 |
| Total liabilities | $525 |
| Net assets or fund balances | $202,441 |