Nathan Herzog Scholarship Foundation is located in Northlake, TX. The organization was established in 2008. 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. Nathan Herzog Scholarship Foundation 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, Nathan Herzog Scholarship Foundation generated $25.2k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 14.3% each year . All expenses for the organization totaled $29.7k during the year ending 12/2023. While expenses have increased by 21.1% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO UNRELATED STUDENTS DAX HORANY TAYLOR ROBINSON AND MAKENZIE MARKWOOD
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Gary Herzog President | 2 | $0 | |
Peggy Herzog Secretary | 0 | $0 | |
Lindsey Oconnor Treasurer | 0 | $0 | |
James Gale Director | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $23,790 |
Interest on Savings | $0 |
Dividends & Interest | $1,417 |
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 | $0 |
Total Revenue | $25,207 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $0 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $14,717 |
Printing and publications | $0 |
Other expenses | $0 |
Total operating and administrative expenses | $14,717 |
Contributions, gifts, grants paid | $15,000 |
Total expenses and disbursements | $29,717 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $39,199 |
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 | $39,199 |
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 |
Over the last fiscal year, Nathan Herzog Scholarship Foundation has awarded $15,000 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
DAX HORANY PURPOSE: SCHOLARSHIP | $5,000 |
TAYLOR ROBINSON PURPOSE: SCHOLARSHIP | $5,000 |
MACKENZIE MARKWOOD PURPOSE: SCHOLARSHIP | $5,000 |