Civic Intelligence

Cannon Falls Educational Foundation

990 • Fiscal year 2020 • EIN 41-1759564

Jul 01, 2019 to Jun 30, 2020 • Filed on Aug 18, 2020

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

Higher debt load relative to assets than 15% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

16th percentile

0.00x

Higher debt load relative to revenue than 16% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

19th percentile

-14%

Higher net margin than 19% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

28th percentile

-0.9%

Faster asset growth than 28% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

12th percentile

-38%

Faster revenue growth than 12% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets15th percentile

Assets

Down

$1,377,897

Down $12,331 (-0.9%) from 2019

Net Assets

Down

$1,377,847

Down $12,381 (-0.9%) from 2019

Liabilities

Up

$50

Up $50 from 2019

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin19th percentile

Revenue

Down

$87,699

Down $52,791 (-38%) from 2019

Expenses

Down

$100,080

Down $93,303 (-48%) from 2019

Net Income

Up

-$12,381

Up $40,512 (+77%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth28th 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

2020

Assets$1,377,897
Liabilities$50
Net Assets$1,377,847
Open 2020 Filing

Operations Trend

Revenue Growth12th 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

2020

Revenue$87,699
Expenses$100,080
Net Income-$12,381
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Aug 18, 2020
Return Version
2019v5.0
Gross Receipts
$235,675
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$1,223,988$1,248,968▲ $24,980
Investments Other Securities$135,244$111,030▼ $24,214
Cash and Non-Interest-Bearing Accounts$25,568$10,953▼ $14,615
Savings and Temporary Cash Investments$5,428$6,946▲ $1,518
Total Assets$1,390,228$1,377,897▼ $12,331
Liabilities
Other Liabilities-$50-
Total Liabilities$0$50▲ $50
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,347,915$1,355,013▲ $7,098
Net Assets Without Donor Restrictions$42,313$22,834▼ $19,479
Total Net Assets Fund Balance$1,390,228$1,377,847▼ $12,381
Total Liabilities and Net Assets / Fund Balance$1,390,228$1,377,897▼ $12,331

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$9,309--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$1,347,915$56,430--$1,355,013
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
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Theresa CarlsonPr Chair
Cathy BanksPresident
Amy DombeckDirector
Andrea DolanDirector
Cassi PagelDirector
Jared WoodwardDirector
Jill MedcraftDirector
Jill VillarrealDirector
Madeline SundheimDirector
Martha BowenDirector
Martha WertjesDirector
Matt MontgomeryDirector
Michael BanksDirector
Steve PagelDirector
Tammy MeyersDirector
Tammy ReichertsFundraising
Geri GeikenProgram Chai
Stephanie StoddenSecretary
Laura FreebergTreasurer
Deb KadrlikWebsite Mana
Revenue and Support

Revenue Composition

Contributions and Grants
$33,746
Program Service Revenue
$0
Investment Income
$53,920
Other Revenue
$33
All Other Contributions
$15,065
Change in Net Assets
$-12,381
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$85,447
Other Expenses$14,633
Total Fundraising Expense$155
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$85,447--$85,447
Fees for Service Investment Mgmnt Fees-$11,457-$11,457
Fees for Services Accounting-$2,442-$2,442
Office Expenses--$155$155
Advertising-$53-$53
Other Expenses-$25-$25
Total Functional Expenses$85,447$14,478$155$100,080
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Cannon Falls School District 252Cannon Falls, MNGovEducational$85,447
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$756
Fundraising Direct Expenses$723
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Pledge Drive$16,681---
Total Events$16,681---
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
20/21 Net Auction Advance$50
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Business relationship with 35% controlled entity
No
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
2020-08-18
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.”

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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt026931
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0149409
IRS990/GrossReceiptsAmt0235675
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt024
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt024833
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt024833
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IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0135244
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0111030
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01223988
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01248968
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0MN
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0147253
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/NetAssetsOrFundBalancesBOYAmt01390228
IRS990/NetAssetsOrFundBalancesEOYAmt01377847
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt029087
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt029087
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt033
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt042313
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt022834
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt09822
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt0155
IRS990/OfficeExpensesGrp/TotalAmt0155
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0CHARITABLE CONTRIBUTION
IRS990/OtherExpensesGrp/Desc1DUES
IRS990/OtherExpensesGrp/Desc2FILING FEES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0401
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1100
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt225
IRS990/OtherExpensesGrp/TotalAmt0401
IRS990/OtherExpensesGrp/TotalAmt1100
IRS990/OtherExpensesGrp/TotalAmt225
IRS990/OtherLiabilitiesGrp/EOYAmt050
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0LAURA FREEBERG
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt063320
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0185307
IRS990/PYInvestmentIncomeAmt055614
IRS990/PYOtherExpensesAmt08076
IRS990/PYOtherRevenueAmt021556
IRS990/PYRevenuesLessExpensesAmt0-52893
IRS990/PYTotalExpensesAmt0193383
IRS990/PYTotalRevenueAmt0140490
IRS990/ReconcilationRevenueExpnssAmt0-12381
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt05428
IRS990/SavingsAndTempCashInvstGrp/EOYAmt06946
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt033746
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt063320
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0140363
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0560858
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt040597
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0838884
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt053920
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt055614
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt052039
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt023443
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt025593
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0210609
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0106361
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.79930
IRS990ScheduleA/PublicSupportPY170Pct00.82210
IRS990ScheduleA/PublicSupportTotal170Amt0838884
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt033746
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt063320
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0140363
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0560858
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt040597
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0838884
IRS990ScheduleA/TotalSupportAmt01049493
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct01.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01347915
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt056430
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01355013
IRS990ScheduleD/CYEndwmtFundGrp/GrantsOrScholarshipsAmt049332
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt03844
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01400218
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01347915
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/GrantsOrScholarshipsAmt048459
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01220876
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0179342
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01400218
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt0698219
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0522657
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01220876
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt0651393
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt046826
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt0698219
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt050
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc020/21 NET AUCTION ADVANCE
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt0101721
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt19309
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/TotalBookValueSecuritiesAmt0111030
IRS990ScheduleD/TotalLiabilityAmt050
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt016681
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt016681
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0PLEDGE DRIVE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt016681
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt016681
IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt085447
IRS990ScheduleI/RecipientTable/IRCSectionDesc0GOV
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0EDUCATIONAL
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0CANNON FALLS SCHOOL DISTRICT 252
IRS990ScheduleI/RecipientTable/RecipientEIN0416001256
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0820 E MINNESOTA ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0CANNON FALLS
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd055009
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CANNON 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.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS ARE AVAILABLE ONLY UPON REQUEST. FINANCIAL INFORMATION IS AVAILABLE ON THE ORGANIZATION'S WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990 - ORGANIZATION'S MISSION
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false

Document Assets

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Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,377,897
Liabilities
$50
Net assets
$1,377,847
Revenue
$87,699
Expenses
$100,080
Net income
-$12,381
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