Cora A & Menzo W Goodell Scholarship Endowment Trust
- Assets
- $130.2k
- Revenue
- $39.6k
- Investments
- $123.6k
- Employees
- 0
- Location
- Oneonta, NY
- Founding
- 07/1989
- Data as of
- 12/2021
- EIN
- 16-6272694
Organization Overview
Cora A & Menzo W Goodell Scholarship Endowment Trust is located in Oneonta, NY. The organization was established in 1989. 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. Cora A & Menzo W Goodell Scholarship Endowment Trust 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 12/2021, Cora A & Menzo W Goodell Scholarship Endowment Trust generated $39.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 31.8% each year . All expenses for the organization totaled $7.3k during the year ending 12/2021. While expenses have increased by 24.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE A SCHOLARSHIP TO PARTIALLY ASSIST A STUDENT (ONE) FROM WORCESTER CENTRAL SCHOOL TO ATTEND HARTWICK COLLEGE.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,415 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $37,187 |
| Capital Gain Net Income | $37,187 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $39,602 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,649 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $115 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $50 |
| Total operating and administrative expenses | $2,064 |
| Contributions, gifts, grants paid | $5,277 |
| Total expenses and disbursements | $7,341 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,651 |
| 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 | $123,568 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $130,219 |
| 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 |
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