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EDUCATION MINNESOTA FOUNDATION FOR EXCELLENCE IN TEACHING & LEARNING

EDUCATION MINNESOTA FOUNDATION FOR EXCELLENCE IN TEACHING & LEARNING

ST. PAUL, MN, US
501(c)(3)
EIN
41-1411046
Regional Funder
funder logo

EDUCATION MINNESOTA FOUNDATION FOR EXCELLENCE IN TEACHING & LEARNING

ST. PAUL, MN, US
501(c)(3)
EIN
41-1411046
Regional Funder

Income Statement

Fiscal Year Start:
Sep 1
Revenues in 2024

$540,329

Contributions
80%
Investments
14%
Program Services
6%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Other
0%
Expenses in 2024

$673,836

Grants
51%
Salaries & Benefits
46%
Other
1%
Fees to Service Providers
<1%
Advertising & Promotion
<1%
Offices, Occupancy & IT
<1%
Benefits to Members
0%
Interest
0%
Depreciation
0%
Revenues
2023
2024
Change
Contributions
$399,541
$430,569
+8%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$57,761
$34,117
-41%
Membership Dues
$0
$0
-
Investments
$50,525
$75,643
+50%
Other
$0
$0
-
Total Revenues
$507,827
$540,329
+6%
Expenses
2023
2024
Change
Grants
$407,602
$342,434
-16%
Benefits to Members
$0
$0
-
Salaries & Benefits
$276,658
$308,903
+12%
Fees to Service Providers
$5,525
$5,925
+7%
Advertising & Promotion
$2,545
$5,555
+118%
Offices, Occupancy & IT
$3,448
$2,464
-29%
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$16,186
$8,555
-47%
Total Expenses
$711,964
$673,836
-5%
Net income
2023
2024
Change
Net income
-$204,137
-$133,507
+35%
Functional Expenses
Summary
2023
2024
Change
Program
$618,503
$567,141
-8%
Admin
$93,461
$106,695
+14%
Fundraising
$0
$0
-
Total Expenses
$711,964
$673,836
-5%
Income Statement
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