Konkel Scholarship Foundation Inc
- Assets
- $219.0k
- Revenue
- $1.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Amarillo, TX
- Founding
- 12/2001
- Data as of
- 12/2021
- EIN
- 36-4402642
Organization Overview
Konkel Scholarship Foundation Inc is located in Amarillo, TX. The organization was established in 2001. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Konkel 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, Konkel Scholarship Foundation Inc generated $1.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.3%) each year. All expenses for the organization totaled $13.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
NOT APPLICABLE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynda Noe Vice Preside | 0 | $0 | |
Gayle Callahan President/se | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,136 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,136 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $60 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,055 |
| Contributions, gifts, grants paid | $12,000 |
| Total expenses and disbursements | $13,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,735 |
| Savings and temporary cash investments | $216,249 |
| 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 | $218,984 |
| 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, Konkel Scholarship Foundation Inc has awarded $12,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
ALISON R WILSON PURPOSE: COLLEGE TUITION - KANSAS STATE UNIV | $4,000 |
JOSIE J COOK WARREN PURPOSE: COLLEGE TUITION - CEN CHRIST COLLEGE | $4,000 |
PAYTON ARBUTHNOT PURPOSE: COLLEGE TUITION - CEDARVILLE UNIV | $4,000 |
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