Minority Enterprise & Educational Development Inc
- Assets
- $12.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Arvada, CO
- Founding
- 07/1997
- Data as of
- 12/2023
- EIN
- 84-1347391
Organization Overview
Minority Enterprise & Educational Development Inc is located in Arvada, CO. The organization was established in 1997. 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. Minority Enterprise & Educational Development 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 12/2023, Minority Enterprise & Educational Development Inc generated $114.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (39.8%) each year. All expenses for the organization totaled $803.0 during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (37.7%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
RAISE FUNDS AND PROVIDE COLLEGE SCHOLARSHIPS TO ELEMENTARY AND HIGH SCHOOL STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shenia Ivey Chair/director | 0 | $0 | |
Yvette DE La Cruz Director | 0 | $0 | |
Rovisita Sharp Director | 0 | $0 | |
David Simon Director | 0 | $0 | |
Tony Medina Treasurer/dir | 0 | $0 | |
Sara Fuentes Executive Dir. | 15 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $93 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $61 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $210 |
| Other expenses | $0 |
| Total expenses | $803 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $11,117 |
| Other assets | $0 |
| Total assets | $12,083 |
| Total liabilities | $0 |
| Net assets or fund balances | $12,083 |