Somerset Heights Pta
- Assets
- $70.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Mendota Heights, MN
- Founding
- 04/1953
- Data as of
- 06/2023
- EIN
- 41-1386181
Organization Overview
Somerset Heights Pta is located in Mendota Heights, MN. The organization was established in 1953. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Somerset Heights Pta 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, Somerset Heights Pta generated $51.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (2.7%) each year. All expenses for the organization totaled $36.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (10.0%) per year over the past 5 years. 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 |
|---|---|---|---|
Kate O'hair President | 3 | $0 | |
Shanna Trudeau Treasurer | 2 | $0 | |
Samantha Brown Secretary/pr | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,443 |
| Total Program Service Revenue | $844 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $48,740 |
| Other Revenue | $0 |
| Total Revenue | $51,030 |
| 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 | $850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2,786 |
| Other expenses | $22,065 |
| Total expenses | $36,201 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,983 |
| Other assets | $0 |
| Total assets | $69,983 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,983 |