Community Education Foundation
- Assets
- $153.4k
- Revenue
- $24.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Mason City, IA
- Founding
- 08/2015
- Data as of
- 12/2023
- EIN
- 47-2457826
Organization Overview
Community Education Foundation is located in Mason City, IA. The organization was established in 2015. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, 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. Community 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 12/2023, Community Education Foundation generated $24.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (12.6%) each year. All expenses for the organization totaled $40.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (11.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Community Education Foundation has awarded 32 individual grants totaling $673,147. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,700 |
| Interest on Savings | $0 |
| Dividends & Interest | $11,383 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,083 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $159 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $4,050 |
| Printing and publications | $0 |
| Other expenses | $5,887 |
| Total operating and administrative expenses | $15,801 |
| Contributions, gifts, grants paid | $25,000 |
| Total expenses and disbursements | $40,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $53,366 |
| 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 | $100,000 |
| 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 | $153,366 |
| 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, Community Education Foundation has awarded $25,000 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
LOS ALTOS STAGE COMPANY PURPOSE: PROGRAM SUPPORT | $2,500 |
LOS ALTOS HISTORY MUSEUM PURPOSE: EDUCATION PROGRAMS | $2,500 |
LOS ALTOS ROTARY ENDOWMENT PURPOSE: SUPPORT ROTARYPROGRAMS | $4,500 |
LOS ALTOS EDUCATION FOUNDATION PURPOSE: SUPPORT | $5,000 |
MORNING FORUM OF LOS ALTOS PURPOSE: SUPPORT | $5,000 |
ROARING FORK OUTDOOR VOLUNTEERS PURPOSE: SUPPORT | $2,500 |