Monterey Peninsula Board Of Realtors Scholarship Fund
- Assets
- $108.2k
- Revenue
- $37.9k
- Investments
- $30.7k
- Employees
- 0
- Location
- Monterey, CA
- Founding
- 06/1972
- Data as of
- 12/2022
- EIN
- 23-7165412
Organization Overview
Monterey Peninsula Board Of Realtors Scholarship Fund is located in Monterey, CA. The organization was established in 1972. 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. Monterey Peninsula Board Of Realtors Scholarship Fund 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, Monterey Peninsula Board Of Realtors Scholarship Fund generated $37.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (3.1%) each year. All expenses for the organization totaled $24.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (12.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danette Roberts Trustee | 0 | $0 | |
Suzanne Menendez-Herbst Trustee | 0 | $0 | |
Molly Mcgee Trustee | 0 | $0 | |
Douglas Toby Trustee | 0 | $0 | |
Joseph Sanchez Trustee | 0 | $0 | |
Elizabeth Williams Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $12,339 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,015 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $24,525 |
| Total Revenue | $37,879 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,128 |
| Total operating and administrative expenses | $4,137 |
| Contributions, gifts, grants paid | $20,250 |
| Total expenses and disbursements | $24,387 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,926 |
| 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 | $30,745 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $3,495 |
| Total assets | $108,166 |
| 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, Monterey Peninsula Board Of Realtors Scholarship Fund has awarded $20,250 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
LUIS DANIEL GARCIA PURPOSE: EDUCATION | $1,500 |
THANH THAO TRAN PURPOSE: EDUCATION | $1,500 |
ARMANI MCALLISTER PURPOSE: EDUCATION | $1,500 |
JESSICA RODRIGUEZ PURPOSE: EDUCATION | $1,500 |
LILIANA ESPINOZA MARTINEZ PURPOSE: EDUCATION | $1,500 |
JENNA HARRIS PURPOSE: EDUCATION | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |
The Roddenberry Foundation Sherman Oaks, CA | $90,372,865 | $11,204,960 |
Scholarship Foundation Of Santa Barbara Santa Barbara, CA | $64,291,323 | $9,987,149 |
Bettye Poetz Ferguson Foundation San Francisco, CA | $18,979,772 | $3,373,943 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Gilead Sciences Foundation Foster City, CA | $126,155,891 | $168,265,797 |
Draper Foundation San Mateo, CA | $195,149,192 | $78,341,825 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
College Success Arizona Phoenix, AZ | $19,037,884 | $6,349,882 |
Orange Coast College Foundation Costa Mesa, CA | $45,211,375 | $13,270,788 |