Cultivate International
- Assets
- $38.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lakeville, MN
- Founding
- 06/2016
- Data as of
- 12/2021
- EIN
- 81-2626013
Organization Overview
Cultivate International is located in Lakeville, MN. The organization was established in 2016. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cultivate International 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, Cultivate International generated $60.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.5%) each year. All expenses for the organization totaled $64.9k 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 |
|---|---|---|---|
Elaine Tymchak Executive Director & Board Member | 40 | $25,333 | |
Jennifer Freeman Board Member | 2 | $0 | |
Ryan Hertel Board President | 2 | $0 | |
Busisiwe Hands Board Member | 2 | $0 | |
Alexa Peters Posner Board Member | 2 | $0 | |
Erik Minter Board Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $56,551 |
| Total Program Service Revenue | $3,877 |
| Membership dues | $0 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $100 |
| Other Revenue | $43 |
| Total Revenue | $60,574 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,104 |
| Professional fees and other payments to independent contractors | $630 |
| Occupancy, rent, utilities, and maintenance | $1,598 |
| Printing, publications, postage, and shipping | $513 |
| Other expenses | $8,626 |
| Total expenses | $64,851 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $38,905 |
| Other assets | $0 |
| Total assets | $38,905 |
| Total liabilities | $193 |
| Net assets or fund balances | $38,712 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cultivate International has recieved totaling $5,618.
| Awarding Organization | Amount |
|---|---|
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $5,618 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gopher State One-Call Inc Minneapolis, MN | $13,617,385 | $7,412,499 |
Downtown Parking Management Inc Cedar Rapids, IA | $2,652,564 | $2,696,142 |
Scott County Regional Authority Bettendorf, IA | $3,455,493 | $3,293,735 |
Midwest Consruction & Distribution Industry Benefit Trust Eagan, MN | $4,510,406 | $1,947,839 |
Minnesota Association Of Townships St Michael, MN | $4,706,958 | $2,431,395 |
Dakota Business Finance Sioux Falls, SD | $1,006,804 | $1,543,251 |
Benedictine Living Community Of Wahpeton Minneapolis, MN | $6,015,815 | $1,840,159 |
Petroleum Marketers Of Iowa Urbandale, IA | $2,364,008 | $1,629,473 |
Minnesota Trucking Association Brooklyn Center, MN | $2,156,107 | $1,481,093 |
Independent Community Banks Of North Dakota Bismarck, ND | $2,054,460 | $1,393,335 |
Aggregate Ready Mix Of Minnesota Eagan, MN | $513,476 | $1,065,543 |
Minocqua Area Chamber Of Commerce Inc Minocqua, WI | $522,112 | $877,439 |