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Nonprofiteer
← IAFE EDUCATION FOUNDATION

Form 990 for tax year 2024

Filed by IAFE EDUCATION FOUNDATION.

Totals

Total revenue
$210,446
Total expenses
$97,799
Contributions and grants received
$205,373
Grants paid
$7,490
Program service revenue
$45,004
Investment income
$17,194
Other revenue
-$57,125
Total assets, end of year
$661,401
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$661,401
Program services expenses (Part IX)
$83,115
Management and general expenses
$14,684
Fundraising expenses
$0
Program service expenses (Part III)
$83,115

Program services were 85.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $86,755

  • 1f · All other contributions, gifts and grants

    $118,618

  • 2a · Program service revenue: SCHOLARSHIP REVENUE

    total $45,004 · related or exempt $45,004

  • 3 · Investment income

    total $15,787 · excluded $15,787

  • 7a · Gross sales of assets other than inventory

    securities $1,407

  • 7c · Gain or loss

    securities $1,407

  • 7d · Net gain or loss

    total $1,407 · related or exempt $1,407

  • 8a · Fundraising events: gross income

    $2,024

  • 8a · Fundraising events: contributions included on line 1c

    $86,755

  • 8b · Fundraising events: direct expenses

    $59,787

  • 8c · Net income from fundraising events

    total -$57,763

  • 11a · Other revenue: MISCELLANEOUS INCOME

    total $638 · related or exempt $638

  • 11e · Other revenue, total

    $638

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $7,490 · program services $7,490

  • 11a · Fees: management

    total $11,000 · management and general $11,000

  • 11c · Fees: accounting

    total $1,150 · management and general $1,150

  • 13 · Office expenses

    total $877 · management and general $877

  • 19 · Conferences, conventions and meetings

    total $40,100 · program services $40,100

  • 23 · Insurance

    total $451 · management and general $451

  • 24a · Other expenses: AG GRAND SCALE DEVELOPMEN

    total $35,525 · program services $35,525

  • 24b · Other expenses: CREDIT CARD FEES

    total $1,206 · management and general $1,206

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $90,609 · end of year $82,967

  • 2 · Savings and temporary cash investments

    beginning of year $108,227 · end of year $120,983

  • 4 · Accounts receivable

    end of year $3,320

  • 11 · Investments: publicly traded securities

    beginning of year $328,743 · end of year $454,131

  • 27 · Net assets without donor restrictions

    beginning of year $527,579 · end of year $637,197

  • 28 · Net assets with donor restrictions

    end of year $24,204

Mission and programs · 2024

Mission

TO PROVIDE FUNDING TO PLAN, ADMINISTER, STAFF, PROVIDE SCHOLARSHIPS FOR, AND CONDUCT EDUCATIONAL PROGRAMS FOR CURRENT AND PROSPECTIVE VOLUNTEERS, STAFF MEMBERS AND BOARDS OF DIRECTORS OF AGRICULTURAL FAIRS AND TO CONDUCT RESEARCH REGARDING THOSE ACTIVITIES AND THE INTERFACE BETWEEN THE PUBLIC AND AGRICULTURAL FAIRS.

  • TO PROVIDE FUNDING AND SUPPORT FOR THE FAIR MANAGEMENT EDUCATIONAL PROGRAM FOR CURRENT AND PROSPECTIVE VOLUNTEERS, STAFF MEMBERS, AND BOARDS OF DIRECTORS OF AGRICULTURAL FAIRS AND TO CONDUCT RESEARCH REGARDING THOSE ACTIVITIES AND THE INTERFACE BETWEEN THE PUBLIC AND AGRICULTURAL FAIRS.

    Expenses $41,505 · Revenue $229,715

  • TO PROVIDE SCHOLARSHIPS FOR CURRENT AND PROSPECTIVE VOLUNTEERS, STAFF MEMBERS, AND BOARDS OF DIRECTORS OF AGRICULTURAL FAIRS TO ATTEND AND PARTICIPATE IN EDUCATIONAL EVENTS REGARDING AGRICULTURAL FAIRS.

    Expenses $7,490 · Grants $7,490 · Revenue $11,050

  • TO PROVIDE FUNDING FOR SPEAKERS TO PRESENT EDUCATIONAL PROGRAMS FOR CURRENT AND PROSPECTIVE VOLUNTEERS, STAFF MEMBERS, AND BOARD OF DIRECTORS OF AGRICULTURAL FAIRS.

    Expenses $34,120 · Revenue $9,750

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Shari Black

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Marla Calico

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Mitchel Glieber

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • David Grindle

    SECRETARY-EL

    Total calculated
    $0
    Hours/week
    1
  • Alexcia Jordan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Miranda Muir

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jeremy Parsons

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jo Reynolds

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Alicia Shoults

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Pam Shultz

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Steve Siever

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 40 related
  • Jim Sinclair

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1
  • Gary Slater

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Jessica Underberg

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1
  • Andrew Vandepopulier

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2025
IRS schema version
2024v5.0
Source object
202521349349310072

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