Marshalltown Education Partnership Inc
- Assets
- $417.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marshalltown, IA
- Founding
- 03/2008
- Data as of
- 06/2022
- EIN
- 51-0649214
Organization Overview
Marshalltown Education Partnership Inc is located in Marshalltown, IA. The organization was established in 2008. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Marshalltown Education Partnership Inc 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, Marshalltown Education Partnership Inc generated $119.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 27.8% each year . All expenses for the organization totaled $77.9k during the year ending 06/2022. While expenses have increased by 6.6% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
DURING THE FISCAL YEAR, THE MARSHALLTOWN EDUCATIONAL PARTNERSHIP AWARDED SCHOLARSHIPS IN THE AMOUNT OF $38,112 TO INDIVIDUALS WHO ARE BOTH GRADUATES OF MARSHALLTOWN HIGH SCHOOL AND THE FIRST IN THEIR FAMILY TO PURSUE POSTSECONDARY EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ryan Flack Program Coordinator | 40 | $19,276 | |
Terry D Buzbee President, Dir | 0.25 | $0 | |
Theron Schutte Director | 0.25 | $0 | |
Matt Thebeau Treasurer, Dir | 0.25 | $0 | |
Karn Gregoire Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $65,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,904 |
| Gain or Loss | $42,620 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $119,024 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $33,938 |
| Professional fees and other payments to independent contractors | $5,513 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $53 |
| Other expenses | $240 |
| Total expenses | $77,856 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $416,231 |
| Other assets | $0 |
| Total assets | $417,223 |
| Total liabilities | $0 |
| Net assets or fund balances | $417,223 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marshalltown Education Partnership Inc has recieved totaling $45,000.
| Awarding Organization | Amount |
|---|---|
Community Fdn Of Greater Des Moines Des Moines, IA PURPOSE: GRANT DISTRIBUTION - PERFORMING ARTS CENTER, ANATOMY LAB, HONORS COLLEGE, PRAIRIE REP THEATRE, DEMING SCHOLARSHIP, COLLEGE OF ARTS, HUMANITIES AND SOCIAL SCIENCES EXCELLENCE FUND, CHEMISTRY EXCELLENCE FUND, JACKRABBIT FORENSICS TEAM FUND | $45,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Bentson Foundation Wayzata, MN | $107,689,978 | $6,021,397 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Foundation For Educational Funding Lincoln, NE | $161,530,703 | $9,132,107 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |