Ranney Scholarship Fund Nect
- Assets
- $2.8m
- Revenue
- $13.5k
- Investments
- $2.7m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 12/1970
- Data as of
- 09/2023
- EIN
- 34-6512452
Organization Overview
Ranney Scholarship Fund Nect is located in Pittsburgh, PA. The organization was established in 1970. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ranney Scholarship Fund Nect 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 09/2023, Ranney Scholarship Fund Nect generated $13.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (31.1%) each year. All expenses for the organization totaled $157.0k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ranney Scholarship Fund Nect has awarded 21 individual grants totaling $1,063,993. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $65,624 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$52,099 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $13,525 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,382 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,724 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $200 |
| Total operating and administrative expenses | $6,306 |
| Contributions, gifts, grants paid | $150,676 |
| Total expenses and disbursements | $156,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $63,311 |
| 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 | $2,727,832 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,791,143 |
| 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, Ranney Scholarship Fund Nect has awarded $150,676 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
THE CLEVELAND INSTITUTE OF ART PURPOSE: GENERAL SUPPORT | $48,748 |
CASE WESTERN RESERVE UNIVERSITY PURPOSE: GENERAL SUPPORT | $53,180 |
CLEVELAND INSTITUTE OF MUSIC PURPOSE: GENERAL SUPPORT | $48,748 |