Armada Educational Foundation
- Assets
- $59.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Armada, MI
- Founding
- 05/1989
- Data as of
- 06/2023
- EIN
- 38-2862495
Organization Overview
Armada Educational Foundation is located in Armada, MI. The organization was established in 1989. 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. Armada Educational 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 06/2023, Armada Educational Foundation generated $43.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (18.8%) each year. All expenses for the organization totaled $95.1k during the year ending 06/2023. 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
AWARDED GRANTS TO APPLICANTS OF ARMADA AREA SCHOOLS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Julie Lefever Chairperson | 6 | $0 | |
Jeffrey Shanks Vice Chairperson | 2 | $0 | |
Matt Fahr Secretary | 2 | $0 | |
Steve R Lichtenfelt Treasurer | 6 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,271 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $784 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $27,782 |
| Other Revenue | $0 |
| Total Revenue | $43,837 |
| 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 | $7,923 |
| Occupancy, rent, utilities, and maintenance | $1,361 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,386 |
| Total expenses | $95,059 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $59,364 |
| Other assets | $0 |
| Total assets | $59,364 |
| Total liabilities | $0 |
| Net assets or fund balances | $59,364 |