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Federal ID# 361276034

Mahtomedi Area Educational Foundation

General Information

Organization Type CHARITY
Contact Person Suzanne Anderson
Address 1520 Mahtomedi Avenue, Mahtomedi, MN 55115
Phone Number (651) 407-2006
Purpose or Description To provide educational opportunities through scholarships and grants to residents or students of the Mahtomedi Public School Districts; to assist through grants in the development of instructional programs of the Mahtomedi public schools; to conduct programs for encouraging gifts of money, property or endowments to the foundation.
Status Active
Extension None

Financial Information

For Fiscal Year Ending 6/30/2024

INCOME
Direct Public Support$274,697
Government Grants+ $0
Other Revenue+ $288,808
Total Revenue$563,505
EXPENSES
Amount Spent for Program or Charitable Purposes$308,959
Management/General Expense+ $30,046
Fundraising Expense+ $67,412
Total Expenses$406,417

Excess/Deficit
Total Revenue$563,505
Total Expenses- $406,417
Excess/Deficit$157,088
End of Year Fund Bal/Net Worth
Total Assets$2,308,803
Total Liabilities- $75,366
End of Year Fund Bal/Net Worth$2,233,437

Financial Information for Prior Years

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