Vernon & Leoma Jenniges Educational
- Assets
- $354.0k
- Revenue
- $32.8k
- Investments
- $342.1k
- Employees
- 0
- Location
- Springfield, MN
- Founding
- 04/1991
- Data as of
- 12/2022
- EIN
- 41-6325986
Organization Overview
Vernon & Leoma Jenniges Educational is located in Springfield, MN. The organization was established in 1991. 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. Vernon & Leoma Jenniges Educational 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 12/2022, Vernon & Leoma Jenniges Educational generated $32.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $33.1k during the year ending 12/2022. While expenses have increased by 3.5% per year over the past 8 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.
Since 2015, Vernon & Leoma Jenniges Educational has awarded 403 individual grants totaling $133,425. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Pieschel Trustee | 1 | $0 | |
Father Garrett Ahlers Trustee | 1 | $0 | |
Paul Tauer Trustee | 1 | $0 | |
Pastor Trisha Mattson Trustee | 1 | $0 | |
Keith Kottke Trustee | 1 | $0 | |
Tucker Loomis Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15 |
| Dividends & Interest | $11,792 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $20,994 |
| Capital Gain Net Income | $20,994 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,801 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $265 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,184 |
| Total operating and administrative expenses | $8,624 |
| Contributions, gifts, grants paid | $24,500 |
| Total expenses and disbursements | $33,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,462 |
| Savings and temporary cash investments | $7,422 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $270,326 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $354,018 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Vernon & Leoma Jenniges Educational has awarded $24,500 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
JOSEPH ANDERSON PURPOSE: SCHOLARSHIP | $300 |
TAYLOR AUGUSTIN PURPOSE: SCHOLARSHIP | $350 |
DYLAN BATZLAFF PURPOSE: SCHOLARSHIP | $500 |
JASON BERBERICH PURPOSE: SCHOLARSHIP | $300 |
BRENDON BUERKLE PURPOSE: SCHOLARSHIP | $500 |
MITCHELL BUERKLE PURPOSE: SCHOLARSHIP | $450 |