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Moorhead Area Education Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Elementary, Secondary Education, K - 12 (NTEE)

Donations to this organization are tax deductible.

Details

According to its Dec. 2023 tax filing, this nonprofit:

Reported conflict of interest transactions
Organizations must report loans, grants or business transactions with interested parties, which may include key employees and officers, their family members and any businesses in which they hold a controlling interest. These transactions must be reported on Schedule L.

Summary charts: organization finances over time

Revenue
$243k (2023)

Expenses
$227k (2023)

Total Assets
$1.85M (2023)

Total Liabilities
$117k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$243,444
Expenses
$226,758
Net Income
$16,686
Net Assets
$1,736,909
Notable Sources of Revenue Percent of Total Revenue
Contributions $102,477
42.1%
Program Services $56,552
23.2%
Investment Income $34,620
14.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $20,257
8.3%
Net Inventory Sales $29,538
12.1%
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,854,040
Total Liabilities $117,131
Net Assets $1,736,909
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Janelle Leiseth (Board Chair) $0 $0 $0
Katherine Halvorson (Board Vice Chair) $0 $0 $0
Mike Mc Feely (Secretary) $0 $0 $0
Karl Stumo (Treasurer (Through July 23)) $0 $0 $0
Chad Hansen (Treasurer (From Sept 23)) $0 $0 $0
Lisa Staiger (Past Board Chair (Through June 23)) $0 $0 $0
Stephen Astrup (Board Member) $0 $0 $0
Alexandra Bondy (Board Member) $0 $0 $0
Charles Fisher (Board Member) $0 $0 $0
Marturo Alier (Board Member) $0 $0 $0
Sue Ellingson (Board Member (Through Oct 23)) $0 $0 $0
Julie Wilson (Board Member) $0 $0 $0
Mark Rice (Board Member) $0 $0 $0
Angie Homuth (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$184,691
Expenses
$204,011
Net Income
-$19,320
Net Assets
$1,489,516
Notable Sources of Revenue Percent of Total Revenue
Contributions $156,571
84.8%
Program Services $0
Investment Income $39,655
21.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$5,818
Sales of Assets -$5,717
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,505,126
Total Liabilities $15,610
Net Assets $1,489,516
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Brian Cole (Board Member (Thru Mid Year)) $11,250 $0 $0
Janelle Leiseth (President) $0 $0 $0
Katherine Halvorson (Vice President) $0 $0 $0
Mike Mc Feely (Secretary) $0 $0 $0
Karl Stumo (Treasurer) $0 $0 $0
Stephen Astrup (Board Member) $0 $0 $0
Alexandra Bondy (Board Member) $0 $0 $0
Charles Fisher (Board Member,Former Teacher) $0 $0 $0
Lisa Staiger (Board Member) $0 $0 $0
Marturo Alier (Board Member) $0 $0 $0
Sue Ellingson (Board Member) $0 $0 $0
Julie Wilson (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$202,920
Expenses
$214,882
Net Income
-$11,962
Net Assets
$1,862,934
Notable Sources of Revenue Percent of Total Revenue
Contributions $153,228
75.5%
Program Services $18,615
9.2%
Investment Income $26,382
13.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$23,331
Sales of Assets $28,026
13.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,875,759
Total Liabilities $12,825
Net Assets $1,862,934
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Brian Cole (Board Member) $15,000 $0 $0
Lisa Staiger (President) $0 $0 $0
Anthony Eddleston (Vice President,Current Teacher) $0 $0 $0
Katherine Halvorson (Secretary) $0 $0 $0
Heidi Gregoire (Treasurer) $0 $0 $0
Janelle Leiseth (Board Member) $0 $0 $0
Trenton Gerads (Board Member) $0 $0 $0
Charles Fisher (Board Member,Former Teacher) $0 $0 $0
Mark Rice (Board Member) $0 $0 $0
Kenneth Rosson (Board Member (Jan Jun)) $0 $0 $0
Karl Stumo (Board Member) $0 $0 $0
Marturo Alier (Board Member (July Dec)) $0 $0 $0
Mike Mc Feely (Board Member (July Dec)) $0 $0 $0
Sue Ellingdon (Board Member (July Dec)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$176,952
Expenses
$218,969
Net Income
-$42,017
Net Assets
$1,689,743
Notable Sources of Revenue Percent of Total Revenue
Contributions $151,842
85.8%
Program Services $0
Investment Income $27,317
15.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$9,245
Sales of Assets $7,038
4.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,698,560
Total Liabilities $8,817
Net Assets $1,689,743
Compensation
Key Employees and Officers Compensation Related Other
Janelle Leiseth (President) $0 $0 $0
Lisa Staiger (Vice President) $0 $0 $0
Heidi Gregoire (Secretary) $0 $0 $0
Peter Larson (Treasurer) $0 $0 $0
Anthony Eddleston (Board Member) $0 $0 $0
Trenton Gerads (Board Member) $0 $0 $0
Katherine Halvorson (Board Member (Jul Dec)) $0 $0 $0
Mark Rice (Board Member) $0 $0 $0
Kenneth Rosson (Board Member) $0 $0 $0
Karl Stumo (Board Member (Jul Dec)) $0 $0 $0
Jerry Arneson (Board Member (Jan Jun)) $0 $0 $0
Lisa Borgen (Board Member (Jan Jun)) $0 $0 $0
Rob Bye (Board Member (Jan Jun)) $0 $0 $0
Cassidy Bjorklund (Board Member) $0 $0 $0
Brandon Lunak (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$135,380
Expenses
$107,113
Net Income
$28,267
Net Assets
$1,561,441
Notable Sources of Revenue Percent of Total Revenue
Contributions $102,718
75.9%
Program Services $0
Investment Income $30,642
22.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$1,454
Sales of Assets $3,474
2.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $9,100
8.5%
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,565,041
Total Liabilities $3,600
Net Assets $1,561,441

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$36,558
Expenses
$107,511
Net Income
-$70,953
Net Assets
$1,217,441
Notable Sources of Revenue Percent of Total Revenue
Contributions $93,310
> 100%
Program Services $0
Investment Income $25,562
69.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $38,173
> 100%
Net Inventory Sales $0
Other Revenue -$120,487
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,228,091
Total Liabilities $10,650
Net Assets $1,217,441

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$217,784
Expenses
$107,925
Net Income
$109,859
Net Assets
$1,287,194
Notable Sources of Revenue Percent of Total Revenue
Contributions $53,210
24.4%
Program Services $0
Investment Income $23,411
10.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $52,417
24.1%
Net Inventory Sales $0
Other Revenue $88,746
40.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $5,429
5.0%
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,297,784
Total Liabilities $10,590
Net Assets $1,287,194

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$156,151
Expenses
$106,186
Net Income
$49,965
Net Assets
$1,177,334
Notable Sources of Revenue Percent of Total Revenue
Contributions $67,247
43.1%
Program Services $0
Investment Income $88,904
56.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,187,024
Total Liabilities $9,690
Net Assets $1,177,334

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$48,203
Expenses
$114,029
Net Income
-$65,826
Net Assets
$1,127,369
Notable Sources of Revenue Percent of Total Revenue
Contributions $70,150
> 100%
Program Services $0
Investment Income -$21,947
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,137,679
Total Liabilities $10,310
Net Assets $1,127,369

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$134,110
Expenses
$117,649
Net Income
$16,461
Net Assets
$1,193,332
Notable Sources of Revenue Percent of Total Revenue
Contributions $69,994
52.2%
Program Services $0
Investment Income $64,116
47.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,199,172
Total Liabilities $5,840
Net Assets $1,193,332

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$218,541
Expenses
$109,825
Net Income
$108,716
Net Assets
$1,176,211
Notable Sources of Revenue Percent of Total Revenue
Contributions $67,619
30.9%
Program Services $0
Investment Income $150,922
69.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,182,711
Total Liabilities $6,500
Net Assets $1,176,211

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$181,326
Expenses
$102,336
Net Income
$78,990
Net Assets
$1,067,495
Notable Sources of Revenue Percent of Total Revenue
Contributions $77,203
42.6%
Program Services $0
Investment Income $104,123
57.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $1,074,845
Total Liabilities $7,350
Net Assets $1,067,495

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$33,198
Expenses
$95,252
Net Income
-$62,054
Net Assets
$988,505
Notable Sources of Revenue Percent of Total Revenue
Contributions $46,646
> 100%
Program Services $0
Investment Income -$13,448
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $988,505
Total Liabilities $0
Net Assets $988,505

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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