Mabel M Heid Scholarship
- Assets
- $71.9k
- Revenue
- $3.3k
- Investments
- $69.9k
- Employees
- 0
- Location
- Sarasota, FL
- Founding
- 08/1992
- Data as of
- 09/2024
- EIN
- 16-6357668
Organization Overview
Mabel M Heid Scholarship is located in Sarasota, FL. The organization was established in 1992. 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. Mabel M Heid Scholarship 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 09/2024, Mabel M Heid Scholarship generated $3.3k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $6.9k during the year ending 09/2024. While expenses have increased by 0.3% per year over the past 9 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $52 |
| Dividends & Interest | $2,463 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $767 |
| Capital Gain Net Income | $767 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,282 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $1,083 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $138 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,200 |
| Total operating and administrative expenses | $2,421 |
| Contributions, gifts, grants paid | $4,500 |
| Total expenses and disbursements | $6,921 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,002 |
| 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 | $69,922 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $71,924 |
| 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, Mabel M Heid Scholarship has awarded $3,500 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
ALFRED STATE COL FBO DANIEL DORAN PURPOSE: SCHOLARSHIP AWARD | $2,000 |
ST JOHN FISHER COL FBO ERIC THOMAS PURPOSE: SCHOLARSHIP AWARD | $1,500 |