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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 6/30/2023

INCOME
Direct Public Support$372,620
Government Grants+ $0
Other Revenue+ $229,752
Total Revenue$602,372
EXPENSES
Amount Spent for Program or Charitable Purposes$324,342
Management/General Expense+ $27,666
Fundraising Expense+ $30,847
Total Expenses$382,855

Excess/Deficit
Total Revenue$602,372
Total Expenses- $382,855
Excess/Deficit$219,517
End of Year Fund Bal/Net Worth
Total Assets$2,046,089
Total Liabilities- $58,851
End of Year Fund Bal/Net Worth$1,987,238

Financial Information for Prior Years

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