Nonprofit · EIN 41-1568904
EDUCATION FOUNDATION OF BLOOMINGTON
Tax-exempt · BLOOMINGTON, MN 55420
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $175,791 | $215,671 | -$39,880 | $2,143,916 | $82,734 | $2,061,182 |
| June 30, 2024 | 990 | $127,198 | $170,426 | -$43,228 | $1,975,207 | $98,970 | $1,876,237 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $169,936
- Program service revenue
- $0
- Investment income
- $2,202
- Net income from fundraising events
- $3,653
- Other revenue
- $3,653
Expenses
- Grants and similar amounts paid
- $192,718
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $193,589
- Management and general (functional)
- $18,190
- Fundraising (functional)
- $3,892
Balance sheet and other
- Total assets, start of year
- $1,975,207
- Total assets, end of year
- $2,143,916
- Total liabilities, end of year
- $82,734
- Net assets, end of year
- $2,061,182
- Net assets without donor restrictions
- $459,034
- Net assets with donor restrictions
- $1,602,148
- Gross receipts
- $193,191
- Employees
- 0
- Volunteers
- 30
- Year formed
- 1986
- State of legal domicile
- MN
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stephen Bariteau | Director Trustee or director | 0.5 | $0 |
| Janet Pladson | Director Trustee or director | 0.5 | $0 |
| Mary Murphy | Director Trustee or director | 1 | $0 |
| Joan Borchers | Director Trustee or director | 1 | $0 |
| Renee Fetzer | Director Trustee or director | 0.5 | $0 |
| Virg Senescall | Director Trustee or director | 1 | $0 |
| Dan Vandervieren | Director Trustee or director | 0.5 | $0 |
| Amanda Crombie | Director Trustee or director | 0.5 | $0 |
| Will Chatman | Director Trustee or director | 0.5 | $0 |
| Marcie Coval | Director Trustee or director | 1 | $0 |
| Todd Barduson | Director Trustee or director | 1 | $0 |
| Ray Knoss | Director Trustee or director | 1 | $0 |
| Melissa Riebel | Past President Trustee or director | 2 | $0 |
| Anna Stinson | Vice President Officer | 1 | $0 |
| Tiffany Shermak | President Officer | 4 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Maureen Bartolotta | Treasurer Officer | 2 | $0 |
| Erin Marick | Secretary Officer | 1 | $0 |
990 for the year ended June 30, 2024: 17 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stephen Bariteau | Past President Trustee or director | 1 | $0 |
| Janet Pladson | Director Trustee or director | 0.5 | $0 |
| Mary Murphy | Director Trustee or director | 1 | $0 |
| Joan Borchers | Director Trustee or director | 1 | $0 |
| Renee Fetzer | Director Trustee or director | 0.5 | $0 |
| Virg Senescall | Director Trustee or director | 1 | $0 |
| Dan Vandervieren | Director Trustee or director | 0.5 | $0 |
| Amanda Crombie | Director Trustee or director | 0.5 | $0 |
| Anna Stinson | Director Trustee or director | 0.5 | $0 |
| Will Chatman | Director Trustee or director | 0.5 | $0 |
| Marcie Coval | Director Trustee or director | 1 | $0 |
| Todd Barduson | Director Trustee or director | 1 | $0 |
| Ray Knoss | Director Trustee or director | 1 | $0 |
| Melissa Riebel | President Officer | 4 | $0 |
| Tiffany Shermak | Vice President Officer | 1 | $0 |
| Maureen Bartolotta | Treasurer Officer | 2 | $0 |
| Erin Marick | Secretary Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 20496, BLOOMINGTON, MN 55420-0496
- In care of
- % RICK SAFARZ
- Principal officer (990 for 2024)
- Tiffany Shermak, PO Box 20496, Bloomington, MN 55420
- Signed the 990
- Tiffany Shermak, President
- Website
- EFBMN.ORG
- Return prepared by
- Impact Partners
Mission
Enhance the learning experience of students in Bloomington Public Schools by acquiring and distributing resources not available through public funding.
Program accomplishments
- Scholarships are awarded to graduating seniors of the two high schools in our public school district, based on an application and selection process.Expenses $136,091 · grants $135,220
- Innovation grant funding is provided for projects that address the needs of students, teachers, and parents.Expenses $12,386 · grants $12,386
- Stipends are provided, via the public school district, to support students with limited economic means in their pursuit of extracurricular and enhanced learning opportunities.Expenses $25,612 · grants $25,612
- Other program expenses include the annual recognition of staff's excellences through our Prodigy program.Expenses $2,500 · grants $2,500
- The Foundation's Food for Thought program is an indispensable initiative providing nourishing school lunches to students during times of financial crisis within their families. The program minimizes the food insecurity gaps that government funding does not cover for students while they are at school..Expenses $6,000 · grants $6,000
- In its initial years, ISD 271's New to Country summer programming has been supported by the Foundation. The program provides a variety of experiences for students new to America, including: credit recovery, English language experiences, and community living experiences.Expenses $11,000 · grants $11,000
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1568904
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1988
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $2,143,916
- Income (IRS master file)
- $193,191
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $175,791 | $215,671 | $2,143,916 | IRS |
| 990 | June 2024 | $127,198 | $170,426 | $1,975,207 | IRS |
| 990 | June 2023 | $166,446 | $177,177 | $1,831,770 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1568904).
Questions about EDUCATION FOUNDATION OF BLOOMINGTON
- What is the EIN of EDUCATION FOUNDATION OF BLOOMINGTON?
- The employer identification number (EIN) of EDUCATION FOUNDATION OF BLOOMINGTON is 41-1568904.
- Is EDUCATION FOUNDATION OF BLOOMINGTON tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to EDUCATION FOUNDATION OF BLOOMINGTON tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does EDUCATION FOUNDATION OF BLOOMINGTON file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of EDUCATION FOUNDATION OF BLOOMINGTON due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did EDUCATION FOUNDATION OF BLOOMINGTON last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of EDUCATION FOUNDATION OF BLOOMINGTON?
- The 990 for the year ended June 30, 2025 names Tiffany Shermak.
- Who are the officers and directors of EDUCATION FOUNDATION OF BLOOMINGTON?
- The 990 for the year ended June 30, 2025 lists 17 people; 0 received compensation from the organization.
- How much revenue does EDUCATION FOUNDATION OF BLOOMINGTON have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $175,791, expenses of $215,671 and total assets of $2,143,916 at year end.
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