Alvin A Ott Scholarship Fund
- Assets
- $61.4k
- Revenue
- $1.7k
- Investments
- $0.0
- Employees
- 0
- Location
- New Glarus, WI
- Founding
- 07/2015
- Data as of
- 12/2021
- EIN
- 39-6351070
Organization Overview
Alvin A Ott Scholarship Fund is located in New Glarus, WI. The organization was established in 2015. 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. Alvin A Ott Scholarship Fund 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, Alvin A Ott Scholarship Fund generated $1.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (60.0%) each year. All expenses for the organization totaled $2.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $303 |
| 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 | $1,380 |
| Total Revenue | $1,683 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $6 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $2,006 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $373 |
| Savings and temporary cash investments | $61,070 |
| 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 | $61,443 |
| 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, Alvin A Ott Scholarship Fund has awarded $2,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
KENDRA WENGER PURPOSE: EDUCATIONAL COSTS | $1,000 |
TAYLOR VENDEN PURPOSE: EDUCATIONAL COSTS | $1,000 |
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