Alpha Iota Education Fundation Inc
- Assets
- $60.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greenwood, IN
- Founding
- 12/1991
- Data as of
- 12/2021
- EIN
- 35-1825791
Organization Overview
Alpha Iota Education Fundation Inc is located in Greenwood, IN. The organization was established in 1991. 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. Alpha Iota Education Fundation 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 12/2021, Alpha Iota Education Fundation Inc generated $65.0k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $55.7k during the year ending 12/2021. 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 |
|---|---|---|---|
Warren E Hoffman President | 0.75 | $0 | |
Jeffrey Milbourn Secretary | 0.25 | $0 | |
Kenneth G Daemicke Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $64,531 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $475 |
| Other Revenue | $0 |
| Total Revenue | $65,010 |
| 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 | $7,530 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,664 |
| Total expenses | $55,694 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,763 |
| Other assets | $0 |
| Total assets | $60,763 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,763 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alpha Iota Education Fundation Inc has recieved totaling $12,500.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $12,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |
Foundation For The Realization Of Human Potential Nfp Chicago, IL | $6,540,045 | $5,725,099 |
The Endowment Fund Of The Phi Kappa Psi Fraternity Indianapolis, IN | $26,119,752 | $5,253,152 |