Independent 476 Scholarship Society
- Assets
- $15.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 01/2013
- Data as of
- 12/2018
- EIN
- 38-3818441
Organization Overview
Independent 476 Scholarship Society is located in Chicago, IL. The organization was established in 2013. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. Independent 476 Scholarship Society 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 12/2018, Independent 476 Scholarship Society generated $43.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $41.7k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 4 years. 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
2018
Describe the Organization's Program Activity:
Part 3
GRANTING OF SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Kenny III President Director | 10 | $0 | |
Bradley Matthys VP Director | 1 | $0 | |
Dennis Leahy Secretary, Treasurer Director | 1 | $0 | |
James Dewinski Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $18,239 |
| Other Revenue | $0 |
| Total Revenue | $43,239 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2 |
| Other expenses | $224 |
| Total expenses | $41,726 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $15,488 |
| Other assets | $0 |
| Total assets | $15,488 |
| Total liabilities | $0 |
| Net assets or fund balances | $15,488 |