Form 990 for tax year 2024
Filed by MANKATO ENDOWMENT ASSOCIATION INC.
Totals
- Total revenue
- $61,357
- Total expenses
- $80,027
- Contributions and grants received
- $29,856
- Grants paid
- $78,939
- Program service revenue
- $0
- Investment income
- $31,501
- Other revenue
- $0
- Total assets, end of year
- $863,294
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $863,294
- Program services expenses (Part IX)
- $80,027
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $80,027
Program services were 100.0% 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.
-
1f · All other contributions, gifts and grants
$29,856
-
3 · Investment income
total $31,501 · related or exempt $31,501
-
8c · Net income from fundraising events
total $0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $35,489 · program services $35,489
-
2 · Grants to domestic individuals
total $43,450 · program services $43,450
-
11c · Fees: accounting
total $1,088 · program services $1,088
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,614 · end of year $10,106
-
2 · Savings and temporary cash investments
beginning of year $869,604 · end of year $853,188
-
31 · Retained earnings, endowment or other funds
beginning of year $872,218 · end of year $863,294
Mission and programs · 2024
Mission
SCHOLARSHIPS AND COMMUNITY HELP
-
HIGHER EDUCATION SCHOLARSHIPS $ 43,450 JEWELL COUNTY HOSPITAL $ 10,000 ENTREPRENEURSHIP & ROZ FUND $ 3,000 SOLOMON VALLEY TRANSPORTATION $ 1,000 ESBON COMMUNITY CENTER $ 11,522 JEWELL COUNTY COMM FOUNDATION $ 3,042 JEWELL COUNTY STRONG $ 2,000 UTE THEATER INC $ 4,000 JEWELL COUNTY HELPING HANDS $ 500
Expenses $80,027 · Revenue $61,357
As filed on the 2024 return.
Listed in Part VII
-
Jason OrtmanJASON ORTMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Brian R ShuldaBRIAN R SHULDA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0
-
Autumn LoomisAUTUMN LOOMIS
SECRETARYTREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Christina JefferyCHRISTINA JEFFERY
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0
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
-
ESBON COMMUNITY CENTER
$11,522
-
JEWELL COUNTY HOSPITAL
$10,000
-
$4,000
-
JEWELL COUNTY ROZ FUND
$3,000
-
$2,000
-
SOLOMON VALLEY TRANSPORTATION
$1,000
-
CITY OF ESBON
no cash amount reported
-
no cash amount reported
-
CITY OF MANKATO
no cash amount reported
-
MANKATO VOLUNTEER FIRE DEPT
no cash amount reported
The 10 largest by cash amount. The API serves every itemized grant.
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 June 2025
- IRS schema version
- 2024v5.1
- Source object
- 202531569349300633
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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