Friends Of Fridley Education Foundation
- Assets
- $644.4k
- Revenue
- $100.4k
- Investments
- $633.1k
- Employees
- 0
- Location
- Fridley, MN
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-4924323
Organization Overview
Friends Of Fridley Education Foundation is located in Fridley, MN. The organization was established in 2014. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Friends Of Fridley Education 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 12/2021, Friends Of Fridley Education Foundation generated $100.4k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $58.2k during the year ending 12/2021. 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 |
|---|---|---|---|
Gregory Gardner Treasurer | 0 | $0 | |
Ron Ackerman President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $75,300 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,420 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,655 |
| Capital Gain Net Income | $111 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $100,375 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $160 |
| Printing and publications | $0 |
| Other expenses | $146 |
| Total operating and administrative expenses | $8,957 |
| Contributions, gifts, grants paid | $49,240 |
| Total expenses and disbursements | $58,197 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,289 |
| Savings and temporary cash investments | $0 |
| 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 | $644,376 |
| 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, Friends Of Fridley Education Foundation has awarded $49,240 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
Fridley, MN PURPOSE: SCHOLARSHIPS - EDUCATION | $42,000 |
Minneapolis, MN PURPOSE: EDUCATION | $5,000 |
NORTH SUBURBAN SUMMER ACADEMY PURPOSE: SCHOLARSHIP | $1,220 |
Minneapolis, MN PURPOSE: WATERPROOF DIGITAL CAMERAS | $1,020 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lac Courte Oreilles Ojibwe School Hayward, WI | $14,755,136 | $9,679,407 |
St Paul City School St Paul, MN | $6,285,490 | $9,442,026 |
Iowa Association For The Education Of Young Children Inc Urbandale, IA | $815,186 | $7,200,490 |
East Dakota Educational Cooperative Sioux Falls, SD | $5,426,642 | $6,544,285 |
Wisconsin Center For Manufacturing And Productivity Inc Madison, WI | $1,793,408 | $5,861,220 |
Heritage Christian Schools Inc New Berlin, WI | $9,766,972 | $6,403,349 |
Minnesota Society Of Certified Public Accountants Bloomington, MN | $11,208,207 | $6,449,608 |
Wisconsin Eschool Network Inc Burlington, WI | $5,717,556 | $6,828,639 |
Grand View Christian School Association Inc Des Moines, IA | $3,097,175 | $6,383,728 |
Project Success-Students Undertaking Creative Control Minneapolis, MN | $9,553,286 | $4,323,696 |
Central Minnesota Christian School Prinsburg, MN | $18,739,916 | $5,096,698 |
The Milwaukee Teacher Education Center Inc West Allis, WI | $1,763,964 | $4,423,294 |