Hollyfest Scholarship Foundation Inc
- Assets
- $599.8k
- Revenue
- $38.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Hilliard, OH
- Founding
- 12/1995
- Data as of
- 12/2023
- EIN
- 31-1448423
Organization Overview
Hollyfest Scholarship Foundation Inc is located in Hilliard, OH. The organization was established in 1995. 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. Hollyfest Scholarship Foundation 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, Hollyfest Scholarship Foundation Inc generated $38.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $31.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Hollyfest Scholarship Foundation Inc has awarded 146 individual grants totaling $289,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLEGE SCHOLARSHIPS AWARDED TO HILLIARD STUDENTS
COLLEGE SCHOLARSHIPS AWARDED TO HILLIARD STUDENTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Courtney Smyser CEO | 0.5 | $0 | |
Lisa Wood Treasurer | 0 | $0 | |
Libby Gierach Director | 0 | $0 | |
Jill Gerschutz Director | 0 | $0 | |
Jeremy Felix Director | 0 | $0 | |
Courtney Smyser CEO | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,100 |
| Interest on Savings | $22,098 |
| Dividends & Interest | $7,768 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $396 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $38,362 |
| 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 | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $200 |
| Contributions, gifts, grants paid | $31,000 |
| Total expenses and disbursements | $31,200 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $204,769 |
| 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 | $395,052 |
| Total assets | $599,821 |
| 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, Hollyfest Scholarship Foundation Inc has awarded $62,000 in support to 30 organizations.
| Grant Recipient | Amount |
|---|---|
JOSHUA BURTON PURPOSE: COLLEGE SCHOLARSHIP | $2,000 |
MARISABEL AGUILAR PURPOSE: COLLEGE SCHOLARSHIP | $2,000 |
ALEXIS STEWART PURPOSE: COLLEGE SCHOLARSHIP | $4,000 |
MADELYN TAYLOR PURPOSE: COLLEGE SCHOLARSHIP | $2,000 |
IAN LAUDO PURPOSE: COLLEGE SCHOLARSHIP | $2,000 |
JORDAN HIRES PURPOSE: COLLEGE SCHOLARSHIP | $2,000 |