Alfred R And Velma Kvasnicka Declaration Of Tr
- Assets
- $1.1m
- Revenue
- $115.3k
- Investments
- $1.0m
- Employees
- 0
- Location
- Mcpherson, KS
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 20-6835598
Organization Overview
Alfred R And Velma Kvasnicka Declaration Of Tr is located in Mcpherson, KS. The organization was established in 2014. 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. Alfred R And Velma Kvasnicka Declaration Of Tr 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, Alfred R And Velma Kvasnicka Declaration Of Tr generated $115.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.6% each year . All expenses for the organization totaled $36.6k during the year ending 12/2021. While expenses have increased by 2.4% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP OR FELLOWSHIP GRANTS TO BE USED FOR QUALIFIED TUITION AND RELATED EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen D Thielen Trustee | 1 | $5,000 | |
Michael Morgan Trustee | 1 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,297 |
| Dividends & Interest | $29,562 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $80,478 |
| Capital Gain Net Income | $80,478 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $115,337 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $532 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36 |
| Total operating and administrative expenses | $12,268 |
| Contributions, gifts, grants paid | $24,300 |
| Total expenses and disbursements | $36,568 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,132 |
| Savings and temporary cash investments | $0 |
| 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 | $1,080,274 |
| 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, Alfred R And Velma Kvasnicka Declaration Of Tr has awarded $24,300 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Lawrence, KS PURPOSE: SCHOLARSHIPS FOR STUDENT TUITION | $4,250 |
Manhattan, KS PURPOSE: SCHOLARSHIPS FOR STUDENT TUITION | $3,700 |
HAYS ACADEMY OF HAIR DESIGN PURPOSE: SCHOLARSHIPS FOR STUDENT TUITION | $3,500 |
Hays, KS PURPOSE: SCHOLARSHIPS FOR STUDENT TUITION | $3,350 |
WASHBURN UNIVERSITY PURPOSE: SCHOLARSHIPS FOR STUDENT TUITION | $3,250 |
Salina, KS PURPOSE: SCHOLARSHIPS FOR STUDENT TUITION | $2,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Western Union Foundation Inc Denver, CO | $4,087,172 | $7,099,166 |
Foundation For Educational Funding Lincoln, NE | $161,530,703 | $9,132,107 |
Prosperity Denver Fund Denver, CO | $29,340,017 | $14,622,453 |
Reisher Family Foundation Lakewood, CO | $521,642,537 | $444,544,338 |
Papillion Lavista Schools Foundation Papillion, NE | $9,484,528 | $7,053,869 |
Colorado Restaurant Association Education Fund Denver, CO | $2,210,454 | $2,452,590 |
Horizon Academy Roeland Park, KS | $4,054,986 | $3,713,037 |
Opportunity Scholarship Fund Tulsa, OK | $5,174,750 | $3,830,206 |
The Hawks Foundation Omaha, NE | $219,357,783 | $65,081,612 |
Childrens Scholarship Fund Of Omaha Omaha, NE | $2,892,431 | $2,351,847 |
Adams State University Foundation Inc Alamosa, CO | $27,757,984 | $4,294,888 |