Austin Community Scholarship Committee
- Assets
- $403.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, MN
- Founding
- 09/1963
- Data as of
- 12/2023
- EIN
- 41-6020807
Organization Overview
Austin Community Scholarship Committee is located in Austin, MN. The organization was established in 1963. 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. Austin Community Scholarship Committee 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 12/2023, Austin Community Scholarship Committee generated $67.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $56.3k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS TO ASSIST THEM IN PAYING THE EXPENSES OF HIGHER EDUCATION (27 STUDENTS)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Erin Mcclimon President | 1 | $0 | |
Katheryn Green Vice President | 1 | $0 | |
Craig Johnson Sec./treasurer | 0.3 | $0 | |
Alice Holst Asst. Sec. Treasurer | 1 | $599 | |
Sharon Alms Director | 0.1 | $0 | |
Eric Vaughn Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $48,437 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $14,925 |
| Gain or Loss | $4,159 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $67,521 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $599 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,662 |
| Total expenses | $56,261 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $403,271 |
| Other assets | $0 |
| Total assets | $403,271 |
| Total liabilities | $0 |
| Net assets or fund balances | $403,271 |