Minnesota Cooperative Education Foundation
- Assets
- $162.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, WI
- Founding
- 04/1987
- Data as of
- 06/2024
- EIN
- 36-3490526
Organization Overview
Minnesota Cooperative Education Foundation is located in Madison, WI. The organization was established in 1987. 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. Minnesota Cooperative Education 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 06/2024, Minnesota Cooperative Education Foundation generated $1.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (55.1%) each year. All expenses for the organization totaled $1.0k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (55.9%) per year over the past 6 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
2024
Describe the Organization's Program Activity:
Part 3
SINCE 1986, THE MINNESOTA COOPERATIVE EDUCATION FOUNDATION (MCEF) HAS BEEN DOING IMPORTANT WORK TO HELP EDUCATE YOUTH, BROADEN COOPERATIVE INITIATIVES, AND PROMOTE THE UNDERSTANDING OF THE COOPERATIVE BUSINESS MODEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Smith President | 0.25 | $0 | |
Sadie Frericks Director | 0.25 | $0 | |
Marie Barry Director | 0.25 | $0 | |
David Larson Director (thru Oct 2023) | 0.25 | $0 | |
Audrey Hjelle Director (thru Oct 2023) | 0.25 | $0 | |
Dawn Bausch Executive Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,382 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,382 |
| 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 | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $1,000 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $162,937 |
| Other assets | $0 |
| Total assets | $162,937 |
| Total liabilities | $0 |
| Net assets or fund balances | $162,937 |