Fools Five Inc
- Assets
- $230.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lewiston, MN
- Founding
- 01/2004
- Data as of
- 12/2023
- EIN
- 41-1462154
Organization Overview
Fools Five Inc is located in Lewiston, MN. The organization was established in 2004. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fools Five 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 12/2023, Fools Five Inc generated $165.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 25.1% each year . All expenses for the organization totaled $149.6k during the year ending 12/2023. While expenses have increased by 27.2% per year over the past 3 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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 |
|---|---|---|---|
Dan Goss President | 8 | $0 | |
Judy Hovelson Vice President | 4 | $0 | |
Beth Carlson Treasurer | 8 | $0 | |
Karen Schultz Secretary | 8 | $0 | |
Wade Goss Director | 4 | $0 | |
Gloria Kulak Director | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $144,545 |
| Total Program Service Revenue | $22,715 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $165,081 |
| 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 | $19,642 |
| Total expenses | $149,562 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $230,273 |
| Other assets | $0 |
| Total assets | $230,273 |
| Total liabilities | $0 |
| Net assets or fund balances | $230,273 |