Engineering Alliance Foundation Minnesota
- Assets
- $199.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Eagan, MN
- Founding
- 12/1965
- Data as of
- 06/2022
- EIN
- 41-6042142
Organization Overview
Engineering Alliance Foundation Minnesota is located in Eagan, MN. The organization was established in 1965. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Engineering Alliance Foundation Minnesota 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 06/2022, Engineering Alliance Foundation Minnesota generated $49.0k 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 (4.2%) each year. All expenses for the organization totaled $63.1k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 6 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 |
|---|---|---|---|
Chuck Clanton President | 0 | $0 | |
Kent Schneider Secretary | 0 | $0 | |
David Wolfgram Treasurer | 0 | $0 | |
Randy Ellingboe Director | 0 | $0 | |
John Lasswell Director | 0 | $0 | |
Kyle Oraskovich Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $46,434 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,566 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,000 |
| 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 | $31,646 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $4,006 |
| Other expenses | $27,457 |
| Total expenses | $63,109 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $64,590 |
| Other assets | $0 |
| Total assets | $199,796 |
| Total liabilities | $4,491 |
| Net assets or fund balances | $195,305 |