Civic Intelligence

Cannon Falls Educational Foundation

990 • Fiscal year 2019 • EIN 41-1759564

Jul 01, 2018 to Jun 30, 2019 • Filed on Sep 06, 2019

Organization ProfileCANNONFALLSSCHOOLS.COM/COMMUNITY/EDUCA
820 E Minnesota StreetCannon Falls, MN 55009

(507) 263-6800

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Net Margin

8th percentile

-38%

Higher net margin than 8% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

36th percentile

$0

Higher top officer pay than 36% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2019

Asset Growth

24th percentile

-3.7%

Faster asset growth than 24% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

8th percentile

-36%

Faster revenue growth than 8% of similar nonprofits.

2019 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets15th percentile

Assets

Down

$1,390,228

Down $52,893 (-3.7%) from 2018

Net Assets

Down

$1,390,228

Down $52,893 (-3.7%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin8th percentile

Revenue

Down

$140,490

Down $78,136 (-36%) from 2018

Expenses

Up

$193,383

Up $126,271 (+188%) from 2018

Net Income

Down

-$52,893

Down $204,407 (-135%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth24th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$2.0M$1.5M$1.0M$500K$0Assets 2011: $545,293Liabilities 2011: $02011Assets 2012: $598,242Liabilities 2012: $5,619Net Assets 2012: $592,6232012Assets 2013: $618,710Liabilities 2013: $1,000Net Assets 2013: $617,7102013Assets 2014: $663,295Liabilities 2014: $1,500Net Assets 2014: $661,7952014Assets 2015: $699,486Liabilities 2015: $0Net Assets 2015: $699,4862015Assets 2016: $742,748Liabilities 2016: $0Net Assets 2016: $742,7482016Assets 2017: $1,301,213Liabilities 2017: $9,606Net Assets 2017: $1,291,6072017Assets 2018: $1,443,121Liabilities 2018: $0Net Assets 2018: $1,443,1212018Assets 2019: $1,390,228Liabilities 2019: $0Net Assets 2019: $1,390,2282019Assets 2020: $1,377,897Liabilities 2020: $50Net Assets 2020: $1,377,8472020Assets 2021: $1,893,711Liabilities 2021: $0Net Assets 2021: $1,893,7112021Assets 2022: $1,565,346Liabilities 2022: $0Net Assets 2022: $1,565,3462022Assets 2023: $1,637,309Liabilities 2023: $0Net Assets 2023: $1,637,3092023Assets 2024: $1,837,792Liabilities 2024: $100Net Assets 2024: $1,837,6922024Assets 2025: $1,961,467Liabilities 2025: $0Net Assets 2025: $1,961,4672025

Highlighted filing

2019

Assets$1,390,228
Liabilities$0
Net Assets$1,390,228
Open 2019 Filing

Operations Trend

Revenue Growth8th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $145,910Expenses 2011: $57,627Net Income 2011: $88,2832011Expenses 2012: $59,3542012Expenses 2013: $67,4102013Revenue 2014: $95,750Expenses 2014: $51,665Net Income 2014: $44,0852014Revenue 2015: $96,360Expenses 2015: $58,669Net Income 2015: $37,6912015Revenue 2016: $91,950Expenses 2016: $48,688Net Income 2016: $43,2622016Revenue 2017: $607,001Expenses 2017: $58,142Net Income 2017: $548,8592017Revenue 2018: $218,626Expenses 2018: $67,112Net Income 2018: $151,5142018Revenue 2019: $140,490Expenses 2019: $193,383Net Income 2019: -$52,8932019Revenue 2020: $87,699Expenses 2020: $100,080Net Income 2020: -$12,3812020Revenue 2021: $124,911Expenses 2021: $55,100Net Income 2021: $69,8112021Revenue 2022: $189,879Expenses 2022: $125,246Net Income 2022: $64,6332022Revenue 2023: $172,525Expenses 2023: $184,069Net Income 2023: -$11,5442023Revenue 2024: $179,751Expenses 2024: $118,573Net Income 2024: $61,1782024Revenue 2025: $176,746Expenses 2025: $150,949Net Income 2025: $25,7972025

Highlighted filing

2019

Revenue$140,490
Expenses$193,383
Net Income-$52,893
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Sep 6, 2019
Return Version
2018v3.1
Gross Receipts
$1,323,065
Mission and Program Overview

Mission

Cannon falls education foundation (cfef)is committed to improving education for cannon falls area schools. Cfef supports and promotes excellence in education by raising and providing funding for all types of creative and innovative educational programs and activities that are above and beyond the programs supported by general education dollars.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,134,841$1,223,988▲ $89,147
Investments Other Securities$204,282$135,244▼ $69,038
Cash and Non-Interest-Bearing Accounts$65,134$25,568▼ $39,566
Savings and Temporary Cash Investments$38,864$5,428▼ $33,436
Total Assets$1,443,121$1,390,228▼ $52,893
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,400,218$1,347,915▼ $52,303
Unrestricted Net Assets$42,903$42,313▼ $590
Total Net Assets Fund Balance$1,443,121$1,390,228▼ $52,893
Total Liabilities and Net Assets / Fund Balance$1,443,121$1,390,228▼ $52,893

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$9,301--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$1,400,218---$1,347,915
2017$1,220,876$179,342--$1,400,218
2016$698,219$522,657--$1,220,876
2015$651,393$46,826--$698,219
2014$595,553$55,840--$651,393
Compensation and Service Providers
Top Officer Pay36th percentile

Board Members and Trustees

NameTitle
Laura QualeyPr Chair
Sheena BechtholdtPresident
Cathy BanksV President
Amy DombeckDirector
Andrea DolanDirector
Cassi PagelDirector
Donna ChytracekDirector
Geri GeikenDirector
Jared WoodwardDirector
Jill VillarrealDirector
Martha BowenDirector
Matt MontgomeryDirector
Michael BanksDirector
Roth MunsonDirector
Sarah OlsonDirector
Steve PagelDirector
Tammy MeyersDirector
Tammy ReichertsDirector
Theresa CarlsonDirector
Val SwentikDirector
Jill MedcraftProgram Chai
Stephanie StoddenSecretary
Laura FreebergTreasurer
Deb KadrlikWebsite Mana
Revenue and Support

Revenue Composition

Contributions and Grants
$63,320
Program Service Revenue
$0
Investment Income
$55,614
Other Revenue
$21,556
All Other Contributions
$29,831
Change in Net Assets
$-52,893
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$185,307
Other Expenses$8,076
Total Fundraising Expense$1,798
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$185,307--$185,307
Fees for Service Investment Mgmnt Fees-$3,046-$3,046
Fees for Services Accounting-$2,552-$2,552
Office Expenses--$940$940
Advertising--$858$858
Other Expenses-$25-$25
Total Functional Expenses$185,307$6,278$1,798$193,383
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cannon Falls School District 252Cannon Falls, MNGovEducational$185,307
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$26,493
Fundraising Direct Expenses$4,937
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Silent Auction$34,268$18,093$3,532$14,561
Pledge Drive$15,314---
Total Events$56,582$25,093$4,082$21,011
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available only upon request. Financial information is available on the organization's website.”

Filing and Contact Details

Filer

Filer Name
Cannon Falls Education Foundation
EIN
41-1759564
Phone
5072636800
Address
820 E MINNESOTA STREET, CANNON FALLS, MN 55009

Signing Officer

Name
Laura Freeberg
Title
Treasurer
Phone
5072636800
Signed
2019-09-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Laura Freeberg
Formed
1993
Legal Domicile
Mn
Voting Board Members
24
Independent Board Members
24
Employees
0

Preparer

Firm
Dawn R Dettling CPA
Address
215 YORK ST N, CANNON FALLS, MN 55009
Preparer
Dawn R Dettling
Phone
5072633369
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“Cannon falls education foundation (cfef)is committed to improving education for cannon falls area schools. Cfef supports and promotes excellence in education by raising and providing funding for all types of creative and innovative educational programs and activities that are above and beyond the programs supported by general education dollars.”

Financial Statement Notes

Schedule D, Page 2, Part V, Line 4

“One-third of all funds raised are contributed to an endowment fund for the purpose of becoming a self-sufficient supporting educational organization, sometime in the future, with no need to continue with annual fundraising activities. In addition, as of july 1, 2018, the board agreed to allocate 4% of the prior year ending endowment fund balance (at cost) to the current year's program funding.”

Raw XML AppendixShowing 400 of 505 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0CANNON FALLS EDUCATION FOUNDATION (CFEF)IS COMMITTED TO IMPROVING EDUCATION FOR CANNON FALLS AREA SCHOOLS. CFEF SUPPORTS AND PROMOTES EXCELLENCE IN EDUCATION BY RAISING AND PROVIDING FUNDING FOR ALL TYPES OF CREATIVE AND INNOVATIVE EDUCATIONAL PROGRAMS AND ACTIVITIES THAT ARE ABOVE AND BEYOND THE PROGRAMS SUPPORTED BY GENERAL EDUCATION DOLLARS.
IRS990/AdvertisingGrp/FundraisingAmt0858
IRS990/AdvertisingGrp/TotalAmt0858
IRS990/AllOtherContributionsAmt029831
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0DAWN R DETTLING CPA
IRS990/BooksInCareOfDetail/PhoneNum05072633369
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0215 YORK ST N
IRS990/BooksInCareOfDetail/USAddress/CityNm0CANNON FALLS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055009
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt065134
IRS990/CashNonInterestBearingGrp/EOYAmt025568
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt033489
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt063320
IRS990/CYGrantsAndSimilarPaidAmt0185307
IRS990/CYInvestmentIncomeAmt055614
IRS990/CYOtherExpensesAmt08076
IRS990/CYOtherRevenueAmt021556
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-52893
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0193383
IRS990/CYTotalFundraisingExpenseAmt01798
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0140490
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0FUNDING TO THE CANNON FALLS AREA SCHOOLS OF VARIOUS SUPPLEMENTAL EDUCATIONAL PROGRAMS & ACTIVITIES
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0185307
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt02552
IRS990/FeesForServicesAccountingGrp/TotalAmt02552
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt03046
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt03046
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt92.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt112.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt152.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt162.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt181.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt191.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt201.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt211.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt221.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt232.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd20X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd21X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd22X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd23X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt200
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt210
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/PersonNm0DONNA CHYTRACEK
IRS990/Form990PartVIISectionAGrp/PersonNm1JARED WOODWARD
IRS990/Form990PartVIISectionAGrp/PersonNm2JILL MEDCRAFT
IRS990/Form990PartVIISectionAGrp/PersonNm3MICHAEL BANKS
IRS990/Form990PartVIISectionAGrp/PersonNm4ROTH MUNSON
IRS990/Form990PartVIISectionAGrp/PersonNm5TAMMY MEYERS
IRS990/Form990PartVIISectionAGrp/PersonNm6THERESA CARLSON
IRS990/Form990PartVIISectionAGrp/PersonNm7VAL SWENTIK
IRS990/Form990PartVIISectionAGrp/PersonNm8CASSI PAGEL
IRS990/Form990PartVIISectionAGrp/PersonNm9STEPHANIE STODDEN
IRS990/Form990PartVIISectionAGrp/PersonNm10JILL VILLARREAL
IRS990/Form990PartVIISectionAGrp/PersonNm11SHEENA BECHTHOLDT
IRS990/Form990PartVIISectionAGrp/PersonNm12MATT MONTGOMERY
IRS990/Form990PartVIISectionAGrp/PersonNm13STEVE PAGEL
IRS990/Form990PartVIISectionAGrp/PersonNm14CATHY BANKS
IRS990/Form990PartVIISectionAGrp/PersonNm15LAURA FREEBERG
IRS990/Form990PartVIISectionAGrp/PersonNm16LAURA QUALEY
IRS990/Form990PartVIISectionAGrp/PersonNm17AMY DOMBECK
IRS990/Form990PartVIISectionAGrp/PersonNm18ANDREA DOLAN
IRS990/Form990PartVIISectionAGrp/PersonNm19MARTHA BOWEN
IRS990/Form990PartVIISectionAGrp/PersonNm20GERI GEIKEN
IRS990/Form990PartVIISectionAGrp/PersonNm21SARAH OLSON
IRS990/Form990PartVIISectionAGrp/PersonNm22TAMMY REICHERTS
IRS990/Form990PartVIISectionAGrp/PersonNm23DEB KADRLIK
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt230
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt200
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt210
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt220
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt230
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2PROGRAM CHAI
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14V PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt15TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt16PR CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt17DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt22DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt23WEBSITE MANA
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr01993
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt033489
IRS990/FundraisingDirectExpensesAmt04937
IRS990/FundraisingGrossIncomeAmt026493
IRS990/GainOrLossGrp/OtherAmt037856
IRS990/GainOrLossGrp/SecuritiesAmt0-9983
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt024
IRS990/GrantAmt0185307
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0185307
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0185307
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt037856
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01167655
IRS990/GrossReceiptsAmt01323065
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt024
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt027741
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt027741
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0204282
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0135244
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01134841
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01223988
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01177638
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CANNON FALLS EDUCATION FOUNDATION (CFEF)IS COMMITTED TO IMPROVING EDUCATION FOR CANNON FALLS AREA SCHOOLS. CFEF SUPPORTS AND PROMOTES EXCELLENCE IN EDUCATION BY RAISING AND PROVIDING FUNDING FOR ALL TYPES OF CREATIVE AND INNOVATIVE EDUCATIONAL PROGRAMS AND ACTIVITIES THAT ARE ABOVE AND BEYOND THE PROGRAMS SUPPORTED BY GENERAL EDUCATION DOLLARS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt01443121
IRS990/NetAssetsOrFundBalancesEOYAmt01390228
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt027873
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt027873
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt021556
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt0940
IRS990/OfficeExpensesGrp/TotalAmt0940
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0EARLY WITHDRAWAL PENALTY
IRS990/OtherExpensesGrp/Desc1DUES
IRS990/OtherExpensesGrp/Desc2FILING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0555
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1100
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt225
IRS990/OtherExpensesGrp/TotalAmt0555
IRS990/OtherExpensesGrp/TotalAmt1100
IRS990/OtherExpensesGrp/TotalAmt225
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LAURA FREEBERG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0140363
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt063077
IRS990/PYInvestmentIncomeAmt052039
IRS990/PYOtherExpensesAmt04035
IRS990/PYOtherRevenueAmt026224
IRS990/PYRevenuesLessExpensesAmt0151514
IRS990/PYTotalExpensesAmt067112
IRS990/PYTotalRevenueAmt0218626
IRS990/ReconcilationRevenueExpnssAmt0-52893
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt038864
IRS990/SavingsAndTempCashInvstGrp/EOYAmt05428
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt063320
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0140363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0560858
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt040597
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt038250
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0843388
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt055614
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt052039
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt023443
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt025593
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt025828
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0182517
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt080772
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.82210
IRS990ScheduleA/PublicSupportPY170Pct00.85390
IRS990ScheduleA/PublicSupportTotal170Amt0843388
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt063320
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0140363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0560858
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt040597
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt038250
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0843388
IRS990ScheduleA/TotalSupportAmt01025905
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt03844
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01400218
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01347915
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt048459
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01220876
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt0179342
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01400218
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0698219
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0522657
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01220876
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0651393
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt046826
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0698219
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0595553
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt055840
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0651393
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0125943
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt19301
IRS990ScheduleD/OtherSecuritiesGrp/Desc0CDS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1EDJ MMF
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ONE-THIRD OF ALL FUNDS RAISED ARE CONTRIBUTED TO AN ENDOWMENT FUND FOR THE PURPOSE OF BECOMING A SELF-SUFFICIENT SUPPORTING EDUCATIONAL ORGANIZATION, SOMETIME IN THE FUTURE, WITH NO NEED TO CONTINUE WITH ANNUAL FUNDRAISING ACTIVITIES. IN ADDITION, AS OF JULY 1, 2018, THE BOARD AGREED TO ALLOCATE 4% OF THE PRIOR YEAR ENDING ENDOWMENT FUND BALANCE (AT COST) TO THE CURRENT YEAR'S PROGRAM FUNDING.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE D, PAGE 2, PART V, LINE 4
IRS990ScheduleD/TotalBookValueSecuritiesAmt0135244
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt031489
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt016175
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt015314
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt04082
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0SILENT AUCTION
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0PLEDGE DRIVE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt034268
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt015314
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt07000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt056582
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt018093
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt07000
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt025093
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt021011
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0550

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,390,228
Liabilities
$0
Net assets
$1,390,228
Revenue
$140,490
Expenses
$193,383
Net income
-$52,893
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.96$0.00$1.96$0.18$0.15$0.03
2024Detailed filing. Detailed filing data is available for this year.$1.84$0.00$1.84$0.18$0.12$0.06
2023Detailed filing. Detailed filing data is available for this year.$1.64$0.00$1.64$0.17$0.18$0.01
2022Detailed filing. Detailed filing data is available for this year.$1.57$0.00$1.57$0.19$0.13$0.06
2021Detailed filing. Detailed filing data is available for this year.$1.89$0.00$1.89$0.12$0.06$0.07
2020Detailed filing. Detailed filing data is available for this year.$1.38$0.00$1.38$0.09$0.10$0.01
2019Detailed filing. Detailed filing data is available for this year.$1.39$0.00$1.39$0.14$0.19$0.05
2018Detailed filing. Detailed filing data is available for this year.$1.44$0.00$1.44$0.22$0.07$0.15
2017Detailed filing. Detailed filing data is available for this year.$1.30$0.01$1.29$0.61$0.06$0.55
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.00$0.74$0.09$0.05$0.04
2015Detailed filing. Detailed filing data is available for this year.$0.70$0.00$0.70$0.10$0.06$0.04
2014Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$0.10$0.05$0.04
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.62$0.00$0.62$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.60$0.01$0.59$0.06
2011Summary only. Only limited summary data is available for this year.$0.55$0.00$0.15$0.06$0.09