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The Education Foundation Of The Forest Lake Area

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270535097 ✦ Forest lake, MN ✦ Designated as a 501(c)(3)

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Overview

What is The Education Foundation Of The Forest Lake Area?

The Education Foundation of the Forest Lake Area, often referred to as Teffla, is a nonprofit organization situated in Forest Lake, Minnesota. Committed to fostering education and community growth, Teffla leverages resources from the community, private sector, and schools to fund initiatives that amplify learning opportunities. By granting funds and offering assistance to individuals and programs, Teffla empowers them to progress further in their respective ventures. By pooling together these resources, the foundation contributes to the betterment of the community as a whole.


Official website here: www.teffla.org

Is The Education Foundation Of The Forest Lake Area legitimate?

The Education Foundation Of The Forest Lake Area is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Education Foundation Of The Forest Lake Area submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.teffla.org

What is the mission statement of The Education Foundation Of The Forest Lake Area?

The Education Foundation of a particular area, often referred to as Teffla, is committed to supporting education and community activities. It achieves this by leveraging resources from the community, private sector, and schools. The foundation's primary goal is to invest in initiatives that enhance educational opportunities. To accomplish this, Teffla grants funds and offers assistance to individuals and programs, furthering their efforts. By bringing together these resources, the foundation aims to benefit the community as a whole.


Official website here: www.teffla.org

What is the revenue of The Education Foundation Of The Forest Lake Area?

The Education Foundation Of The Forest Lake Area's revenue in 2024 was $77,558.


Official website here: www.teffla.org

Who are the executives of The Education Foundation Of The Forest Lake Area and what are their salaries?

Here are 14 key members and their salaries:


Alex Keto (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Tschudy-Lafean (Vice Chairpe)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Ohman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Johnson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Massey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Krautkremer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Connie Hendrickson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Chelgren (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gretchen Mattson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Landstrom (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ashley Bulmer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Luthner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Corcoran (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Proulx (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.teffla.org

Where can I find the form 990EZ for The Education Foundation Of The Forest Lake Area?

The Education Foundation Of The Forest Lake Area's most recent form 990EZ was submitted in 2024 and can be accessed here.


Official website here: www.teffla.org

Learn more at the official website: www.teffla.org

Mission Statement of The Education Foundation Of The Forest Lake Area

The Education Foundation of Forest Lake Area, often referred to as Teffla, is dedicated to boosting education and community activities in its area. This nonprofit organization leverages resources from the community, private sector, and schools to fund initiatives that amplify educational opportunities. Teffla's mission is to provide grants and aid to individuals and programs, enabling them to advance their goals. By bringing together these diverse resources, Teffla contributes to the betterment of the community as a whole.

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Impact




October, 2024

The Education Foundation of the Forest Lake Area significantly enhances educational opportunities and community involvement in Forest Lake, Minnesota. By leveraging a blend of community, private sector, and school resources, it invests in a variety of initiatives that foster learning and development.

One of the key impacts of the Foundation is its grant-making process, which supports individual students, educators, and educational programs. These grants empower teachers to implement innovative teaching methods and provide students with unique learning experiences that are often outside the typical curriculum. This assistance not only enriches the academic environment but also leads to improved educational outcomes.

Additionally, the Foundation plays a crucial role in uniting diverse resources within the community. By connecting stakeholders, it creates a collaborative ecosystem where education can thrive. This integration of efforts helps ensure that every student has access to quality educational resources, contributing to the overall well-being of the community.

Through its commitment to enhancing educational opportunities, the Education Foundation of the Forest Lake Area strengthens the foundations of learning, fostering a culture of support and growth for students and educators alike.




This information is meant to be a general summary of The Education Foundation Of The Forest Lake Area. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$77,558 (2024)
Expenses
$55,975 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $10,904
  • Gross Receipts: $77,624

Assets and Liabilities:

  • Total Assets: $193,814
  • Total Liabilities: $14,023
  • Net Assets: $179,791

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Organization Details

Principal Officer

Julie Ohman

NTEE Category

Code: B11 - Education

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