Linn Area Education Associations Community Foundation Inc is located in Cedar Rapids, IA. The organization was established in 2009. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Linn Area Education Associations Community 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 12/2023, Linn Area Education Associations Community Foundation Inc generated $65.3k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $49.9k during the year ending 12/2023. While expenses have increased by 4.7% per year over the past 5 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
COLLECT SURPLUS SCHOOL SUPPLIES AND OBTAIN GRANTS FROM AREA BUSINESSES TO HELP FUND PURCHASES OF ADDITIONAL SUPPLIES TO DISTRIBUTE TO AREA K-12 EDUCATORS IN EASTERN IOWA. SUPPLIES USED IN CLASSROOMS ARE PENCILS, TISSUES, HAND SANITIZER, PAPER, CALCULATORS, CLOTHING, AND OTHER TEACHING AIDS; SERVED 610 EDUCATORS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lacey Becker 612 - Present Executive Director | 40 | $40,495 | |
Patricia Kadlec Board Chairperson | 0 | $0 | |
Lauren Manning 88 - Present Board Secretary | 0 | $0 | |
Brian Johnson Board Director | 0 | $0 | |
Jess Burger 88 - Present Board Director | 0 | $0 | |
Andrea Brommelkamp 88 - Present Board Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,238 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $40 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $65,278 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,398 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $5,452 |
| Total expenses | $49,850 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $22,326 |
| Other assets | $0 |
| Total assets | $22,326 |
| Total liabilities | $0 |
| Net assets or fund balances | $22,326 |