N Kathleen Brewer & Ernestine E Mckay Scholarship Fund
- Assets
- $365.8k
- Revenue
- $19.7k
- Investments
- $333.6k
- Employees
- 0
- Location
- Brooklyn, OH
- Founding
- 02/1996
- Data as of
- 10/2022
- EIN
- 01-6135476
Organization Overview
N Kathleen Brewer & Ernestine E Mckay Scholarship Fund is located in Brooklyn, OH. The organization was established in 1996. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. N Kathleen Brewer & Ernestine E Mckay Scholarship Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 10/2022, N Kathleen Brewer & Ernestine E Mckay Scholarship Fund generated $19.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $19.5k during the year ending 10/2022. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $9,071 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,653 |
| Capital Gain Net Income | $10,653 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $19,724 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,229 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $113 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,342 |
| Contributions, gifts, grants paid | $14,200 |
| Total expenses and disbursements | $19,542 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $32,181 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $333,622 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $365,803 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, N Kathleen Brewer & Ernestine E Mckay Scholarship Fund has awarded $14,200 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
THE UNIVERSITY OF MAINE PURPOSE: SCHOLARSHIP | $4,200 |
Bangor, ME PURPOSE: SCHOLARSHIP | $2,500 |
UNIVERSITY OF MAINE AT PRESQUE ISLE PURPOSE: SCHOLARSHIP | $1,900 |
SAINT JOESEPH'S COLLEGE PURPOSE: GENERAL OPERATING | $650 |
Canton, NY PURPOSE: SCHOLARSHIP | $600 |
LOUISIANA STATE UNIVERSITY PURPOSE: SCHOLARSHIP | $600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kappa Kappa Gamma Foundation Dublin, OH | $48,213,422 | $9,077,849 |
Lehigh Valley Charter High School For The Arts Bethlehem, PA | $5,854,757 | $11,587,241 |
Bowling Green Warren County Primary Care Center Inc Bowling Green, KY | $15,935,520 | $7,530,325 |
Horizon Science Academy Of Lorain Lorain, OH | $7,416,204 | $11,463,711 |
Robert Benjamin Wiley Community Charter School Erie, PA | $5,943,995 | $8,110,042 |
Penn State Research Foundation University Park, PA | $6,671,003 | $8,076,994 |
Lansing Christian School Lansing, MI | $7,908,099 | $6,549,219 |
Laboratory School Of Communication And Languages Charter School Philadelphia, PA | $3,916,800 | $10,863,500 |
Alliance Community Schools Inc Dayton, OH | $2,196,262 | $6,414,023 |
Northern Kentucky Cooperative For Educational Services Cold Spring, KY | $3,770,107 | $6,540,936 |
Jewish Community Center Association Of Indianapolis Incorporated Indianapolis, IN | $4,270,447 | $7,644,985 |
Windber Research Institute Windber, PA | $7,881,003 | $6,493,215 |