Frank A Wenstrom And M Esther Wenstrom Foundation
- Assets
- $429.2k
- Revenue
- $30.1k
- Investments
- $428.9k
- Employees
- 0
- Location
- Williston, ND
- Founding
- 11/1997
- Data as of
- 09/2021
- EIN
- 45-0447357
Organization Overview
Frank A Wenstrom And M Esther Wenstrom Foundation is located in Williston, ND. The organization was established in 1997. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frank A Wenstrom And M Esther Wenstrom 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 09/2021, Frank A Wenstrom And M Esther Wenstrom Foundation generated $30.1k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $28.6k during the year ending 09/2021. While expenses have increased by 1.2% 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 |
|---|---|---|---|
American State Bank Trust Co Trustee | 1 | $5,001 | |
Marilyn Mcginley Advisory Committee | 1 | $0 | |
John Macmaster Advisory Committee | 1 | $0 | |
Nancy Hoffelt Advisory Committee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,556 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $22,564 |
| Capital Gain Net Income | $22,564 |
| Net ST Capital Gain | $0 |
| Income Modifications | $1,000 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $30,120 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,001 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,283 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $8,634 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $28,634 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $259 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $429,208 |
| 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, Frank A Wenstrom And M Esther Wenstrom Foundation has awarded $20,000 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
GRACE RAMBERG PURPOSE: SCHOLARSHIP | $1,000 |
EDENS DUMERVIL PURPOSE: SCHOLARSHIP | $1,000 |
CALEB BABCOCK PURPOSE: SCHOLARSHIP | $1,000 |
ANNA IRION PURPOSE: SCHOLARSHIP | $1,000 |
COLE HASKINS PURPOSE: SCHOLARSHIP | $1,000 |
DANIKA KNOX PURPOSE: SCHOLARSHIP | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Stratis Health Minneapolis, MN | $5,273,023 | $5,800,389 |
Saint Therese St Louis Park, MN | $14,478,951 | $6,726,617 |
Northeast Montana Stat Air Ambulance Cooperative Glasgow, MT | $11,049,556 | $4,122,673 |
Montana Migrant & Seasonal Farmworker Council Inc Ceta Projec Billings, MT | $811,780 | $4,741,325 |
Guardian Angels Of Elk River Inc Elk River, MN | $19,468,009 | $4,444,472 |
Prop Shop Of Eden Prairie Eden Prairie, MN | $2,074,814 | $1,983,377 |
Oakleaf Endowment & Tr For The Walker Art Center Minneapolis, MN | $0 | $3,189,170 |
Cooperative Development Fund Of Cds Eagan, MN | $866,724 | $1,248,799 |
R B Nordick Foundation West Fargo, ND | $40,940,413 | $1,077,615 |
Robert & Helen Remick Charitable Foundation Lakefield, MN | $9,445,185 | $1,603,290 |
Mount Saint Benedict Foundation Crookston, MN | $13,004,430 | $5,763,934 |
Elim Care Inc Edina, MN | $5,086,460 | $2,061,076 |