Ann Mcconahay Educational Foundation
- Assets
- $1.0m
- Revenue
- $80.4k
- Investments
- $1.0m
- Employees
- 0
- Location
- Alliance, OH
- Founding
- 10/1987
- Data as of
- 12/2022
- EIN
- 34-1550065
Organization Overview
Ann Mcconahay Educational Foundation is located in Alliance, OH. The organization was established in 1987. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Ann Mcconahay Educational 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 12/2022, Ann Mcconahay Educational Foundation generated $80.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $108.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Ann Mcconahay Educational Foundation has awarded 38 individual grants totaling $239,462. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis R Clunk ESQ Trustee | 1 | $0 | |
Mark Henschen Trustee | 1 | $0 | |
Michael Hoover Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $22,692 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $57,678 |
| Capital Gain Net Income | $57,678 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $80,370 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,860 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $18,849 |
| Contributions, gifts, grants paid | $89,330 |
| Total expenses and disbursements | $108,179 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $27,971 |
| 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 | $1,040,563 |
| 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, Ann Mcconahay Educational Foundation has awarded $89,330 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
KENT STATE UNIVERSITY PURPOSE: SCHOLARSHIPS | $8,469 |
BALDWIN WALLACE UNIVERSITY PURPOSE: SCHOLARSHIPS | $2,500 |
UNIVERSITY OF MOUNT UNION PURPOSE: SCHOLARSHIPS | $36,813 |
LAKE ERIE COLLEGE PURPOSE: SCHOLARSHIPS | $2,000 |
HEIDELBERG UNIVERSITY PURPOSE: SCHOLARSHIPS | $2,000 |
LOYOLA UNIVERSITY OF CHICAGO PURPOSE: SCHOLARSHIPS | $3,000 |