Marco Police Foundation Scholarship Fund Inc
- Assets
- $205.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Marco Island, FL
- Founding
- 02/2007
- Data as of
- 12/2023
- EIN
- 20-4262834
Organization Overview
Marco Police Foundation Scholarship Fund Inc is located in Marco Island, FL. The organization was established in 2007. According to its NTEE Classification (I12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marco Police Foundation 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 12/2023, Marco Police Foundation Scholarship Fund Inc generated $116.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 10.0% each year. All expenses for the organization totaled $76.3k during the year ending 12/2023. While expenses have increased by 17.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ORGANIZE NEIGHBORHOOD WATCHES, ASSIST CROWD CONTROL, AND PROVIDE EMERGENCY FINANCIAL ASSISTANCE TO OFFICERS IN NEED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vernon Geberth Director | 1 | $0 | |
Robert Myslivec Vice President | 1 | $0 | |
William Miller Vice President | 1 | $0 | |
Michael Hook President | 1 | $0 | |
Bill Morris Secretary | 1 | $0 | |
John Derosa Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,634 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $839 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $53,532 |
| Other Revenue | $0 |
| Total Revenue | $116,005 |
| 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 | $1,247 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73 |
| Total expenses | $76,320 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $154,371 |
| Other assets | $0 |
| Total assets | $205,377 |
| Total liabilities | $0 |
| Net assets or fund balances | $205,377 |