Federal ID# 410011094
Mankato Area Foundation
-
- MAF Holdings, LLC
General Information
| Organization Type | TRUST |
| Contact Person | Nancy Zallek |
| Address | 212 East Walnut Street, Suite 1, Mankato, MN 56001 |
| Phone Number | (507) 389-4583 |
| Purpose or Description | MANKATO AREA FOUNDATIOIN SUPPORTS PROGRAMS WHICH BENEFIT THE ENTIRE COMMUNITY. PROGRAMS SUPPORTED INCLUDE THOSE WHICH PROMOTE THE CULTURAL, RECREATIONAL, CIVIC, SCIENTIFIC AND ENVIRONMENTAL NEEDS OF THE COMMUNITY. |
| Status | Active |
| Extension | None |
Financial Information
For Fiscal Year Ending 6/30/2023
INCOME
| Direct Public Support | $5,354,820 |
| Government Grants | + $0 |
| Other Revenue | + $433,974 |
| Total Revenue | $5,788,794 |
EXPENSES
| Amount Spent for Program or Charitable Purposes | $3,843,822 |
| Management/General Expense | + $382,938 |
| Fundraising Expense | + $192,597 |
| Total Expenses | $4,419,357 |
Excess/Deficit
| Total Revenue | $5,788,794 |
| Total Expenses | - $4,419,357 |
| Excess/Deficit | $1,369,437 |
End of Year Fund Bal/Net Worth
| Total Assets | $30,025,948 |
| Total Liabilities | - $4,087,000 |
| End of Year Fund Bal/Net Worth | $25,938,948 |
