Stephen Mcdaniel Memorial Fund
- Assets
- $256.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Worth, TX
- Founding
- 08/2008
- Data as of
- 12/2018
- EIN
- 26-2977795
Organization Overview
Stephen Mcdaniel Memorial Fund is located in Fort Worth, 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. Stephen Mcdaniel Memorial 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 12/2018, Stephen Mcdaniel Memorial Fund generated $16.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 60.8% each year . All expenses for the organization totaled $46.6k during the year ending 12/2018. While expenses have increased by 17.4% per year over the past 4 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
2018
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Nethery Secretary/director | 0.25 | $0 | |
Kyle Knutson Treasurer | 0.25 | $0 | |
Robert Folzenlogen Director | 0.25 | $0 | |
Todd Young Director | 0.25 | $0 | |
Tony Pettitt Director | 0.25 | $0 | |
Stephen Nethery President | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,074 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,318 |
| Other Revenue | $0 |
| Total Revenue | $16,392 |
| 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 | $26,620 |
| Total expenses | $46,620 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $256,297 |
| Other assets | $0 |
| Total assets | $256,297 |
| Total liabilities | $0 |
| Net assets or fund balances | $256,297 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Stephen Mcdaniel Memorial Fund has recieved totaling $450.
| Awarding Organization | Amount |
|---|---|
Roach Foundation Inc Ft Worth Club Tower Penthouse Ii-J Fort Worth, TX PURPOSE: GENERAL SUPPORT | $450 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |
Kimberly-Clark Foundation Inc Irving, TX | $0 | $5,825,814 |
San Antonio Livestock Exposition Educational Fund Inc San Antonio, TX | $23,576,511 | $4,942,243 |
The Forte Foundation Austin, TX | $3,571,246 | $5,400,451 |
Usaa Educational Foundation San Antonio, TX | $96,381,454 | $7,561,828 |
Ulm Athletic Foundation Monroe, LA | $3,668,358 | $2,963,740 |
Panhandle-Plains Higher Education Foundation Inc Canyon, TX | $182,464,704 | $13,006,465 |
American Indian Graduate Center Scholars Albuquerque, NM | $1,252,569 | $3,993,312 |