Scholarship Association Of Fort Plain
- Assets
- $2.4m
- Revenue
- $111.7k
- Investments
- $2.4m
- Employees
- 0
- Location
- Fort Plain, NY
- Founding
- 04/1999
- Data as of
- 04/2022
- EIN
- 14-6026454
Organization Overview
Scholarship Association Of Fort Plain is located in Fort Plain, NY. The organization was established in 1999. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Scholarship Association Of Fort Plain 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 04/2022, Scholarship Association Of Fort Plain generated $111.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $91.8k during the year ending 04/2022. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE SOLE PURPOSE OF THE ORGANIZATION IS TO PROVIDE SCHOLARSHIP AWARDS TO ELIGIBLE HIGH SCHOOL SENIORS MEETING THE CRITERIA SET FORTH IN THE BY-LAWS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Myra Herb President | 0 | $0 | |
April Johnson Vice Presidnet | 0 | $0 | |
Doris Dutcher Sec/treas | 0 | $0 | |
Barbara Ray Director | 0 | $0 | |
Rodney Strait Director | 0 | $0 | |
David Briggs Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,185 |
| Interest on Savings | $0 |
| Dividends & Interest | $71,756 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $13,746 |
| Capital Gain Net Income | $8,550 |
| Net ST Capital Gain | $4,546 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $111,687 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,657 |
| Total operating and administrative expenses | $16,313 |
| Contributions, gifts, grants paid | $75,480 |
| Total expenses and disbursements | $91,793 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,388 |
| Savings and temporary cash investments | $20,658 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,421,698 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $92,537 |
| 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 | $92,537 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Scholarship Association Of Fort Plain has recieved totaling $6,298.
| Awarding Organization | Amount |
|---|---|
George L Weeks Trust Uw 000066 Norwich, NY PURPOSE: UNRESTRICTED-GENERAL | $6,298 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Vermont Student Development Fund Inc Winooski, VT | $17,468,961 | $10,359,436 |
Institute For Citizens And Scholars Princeton, NJ | $17,317,706 | $10,248,308 |
The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |
The Cape Cod Community College Educational Foundation Inc West Barnstable, MA | $15,428,827 | $3,042,413 |
Cape Cod Foundation Inc South Yarmouth, MA | $88,834,376 | $21,531,654 |
Gilder Lehrman Institute Of American History New York, NY | $67,600,972 | $8,993,543 |
Siemens Foundation Iselin, NJ | $75,710,306 | $10,400,455 |
Uaspire Inc Boston, MA | $8,161,176 | $8,929,537 |
Target Als Foundation Inc New York, NY | $26,527,264 | $6,977,665 |
Pursuit Transformation Company Inc Long Island City, NY | $13,294,970 | $6,856,404 |
Firemens Association Of The State New York Foundation Inc Albany, NY | $161,398,482 | $10,617,589 |