Alto Lakes Scholarship Fund Inc
- Assets
- $129.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Alto, NM
- Founding
- 06/2005
- Data as of
- 12/2022
- EIN
- 20-1183901
Organization Overview
Alto Lakes Scholarship Fund Inc is located in Alto, NM. The organization was established in 2005. 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. Alto Lakes Scholarship Fund Inc 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 12/2022, Alto Lakes Scholarship Fund Inc generated $95.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.1% each year . All expenses for the organization totaled $52.2k during the year ending 12/2022. While expenses have increased by 4.9% per year over the past 7 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ALTO LAKES SCHOLARSHIP FUND PROVIDES SCHOLARSHIP TO WORTHY COLLEGE- BOUND RECEIPENTS THROUGH MEMBER DONATIONS AND FUNDRAISING EVENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Solomon Chairman | 0 | $0 | |
Tom Bloemendaal President | 0 | $0 | |
Jill Harper-Duncan VP & Treasur | 0 | $0 | |
Tana Lucy VP & Secreta | 0 | $0 | |
Leslie Wall Director | 0 | $0 | |
Jalynn West Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $95,602 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $95,602 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $52,168 |
| Total expenses | $52,168 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $129,880 |
| Other assets | $0 |
| Total assets | $129,880 |
| Total liabilities | $0 |
| Net assets or fund balances | $129,880 |