Marion Community Scholarship Foundation Inc
- Assets
- $186.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Maria Stein, OH
- Founding
- 08/1997
- Data as of
- 12/2021
- EIN
- 31-1489028
Organization Overview
Marion Community Scholarship Foundation Inc is located in Maria Stein, OH. The organization was established in 1997. 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. Marion Community 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 12/2021, Marion Community Scholarship Foundation Inc generated $47.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.2% each year . All expenses for the organization totaled $34.5k during the year ending 12/2021. While expenses have increased by 10.2% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATIONAL SCHOLARSHIPS TO HIGH SCHOOL STUDENTS FROM THE MARION LOCAL SCHOOL DISTRICT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kendra Seitz Treasurer | 0 | $0 | |
June Moeller Secretary | 0 | $0 | |
Lisa Seitz Vice Preside | 0 | $0 | |
Carol Pohl President | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,830 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,517 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $47,347 |
| 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 | $235 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $80 |
| Other expenses | $707 |
| Total expenses | $34,522 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $186,428 |
| Other assets | $0 |
| Total assets | $186,428 |
| Total liabilities | $0 |
| Net assets or fund balances | $186,428 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Marion Community Scholarship Foundation Inc has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Osgood Foundation Osgood, OH PURPOSE: SCHOLARSHIP | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewell Educational Fund Owosso, MI | $398,993,901 | $18,985,075 |
Lola G Duff & William Duff Ii Scholarship Fund Pittsburgh, PA | $108,136,539 | $9,727,539 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Perkins Malo Hunter Foundation Holland, MI | $51,295,166 | -$331,905 |
Thompson Foundation Plymouth, MI | $5,518,000 | $2,844,461 |
Independence Foundation Philadelphia, PA | $78,719,217 | $2,815,934 |
The Endowment Fund Of The Phi Kappa Psi Fraternity Indianapolis, IN | $26,119,752 | $5,253,152 |
Beta Theta Pi Foundation Oxford, OH | $33,085,697 | $6,703,723 |
Addison Gibson Foundation Pittsburgh, PA | $46,529,076 | $11,633,912 |
Cardinal Health Foundation Dublin, OH | $40,394,329 | $2,713,784 |
Say Yes Cleveland Scholarship Inc Cleveland, OH | $89,649,014 | $4,775,644 |
Pittsburgh Jewish Educational Improvement Foundation Pittsburgh, PA | $252,999 | $3,355,550 |