Western Fraternal Life Association Education & Charitable Foundation is located in Madison, WI. The organization was established in 2006. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Western Fraternal Life Association Education & Charitable 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 12/2022, Western Fraternal Life Association Education & Charitable Foundation generated $25.2k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $361.8k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIP PROGRAMS: THE FOUNDATION AWARDED 16 SCHOLARSHIPS TO MEMBERS AND DONATED A SIGNIFICANT PORTION OF ASSETS TO 18 CHARITABLE ORGANIZATIONS, ALL OF WHICH WERE DESIGNATED AS 501(C)(3).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Daniel Shinnick Board Member | 0.5 | $0 | |
Angel Thomas Board Member | 0.5 | $0 | |
Jenna Dunker Board Member | 0.5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $21,365 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $3,871 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $25,236 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $46 |
Total expenses | $361,795 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $151,857 |
Other assets | $0 |
Total assets | $151,857 |
Total liabilities | $0 |
Net assets or fund balances | $151,857 |