Mildred Kaspersen Scholarship Trust
- Assets
- $71.9k
- Revenue
- $1.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Westside, IA
- Founding
- 08/1989
- Data as of
- 04/2024
- EIN
- 42-1333055
Organization Overview
Mildred Kaspersen Scholarship Trust is located in Westside, IA. The organization was established in 1989. 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. Mildred Kaspersen Scholarship Trust 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 04/2024, Mildred Kaspersen Scholarship Trust generated $1.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 53.0% each year . All expenses for the organization totaled $1.0k during the year ending 04/2024. While expenses have increased by 33.8% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deb Quandt Trustee | 0.25 | $0 | |
Sharon Stickrod Trustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,830 |
| 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 | $1,830 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11 |
| Contributions, gifts, grants paid | $1,000 |
| Total expenses and disbursements | $1,011 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,892 |
| Savings and temporary cash investments | $70,000 |
| 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 | $71,892 |
| 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, Mildred Kaspersen Scholarship Trust has awarded $1,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
MAGGIE RAGALLER PURPOSE: SCHOLARSHIP | $250 |
CAITLIN NELSON PURPOSE: SCHOLARSHIP | $125 |
KORA OBRECHT PURPOSE: SCHOLARSHIP | $125 |
KALLIE BROMERT PURPOSE: SCHOLARSHIP | $125 |
SMANTHA HINNERS PURPOSE: SCHOLARSHIP | $125 |
ELIZABETH BRUNNER PURPOSE: SCHOLARSHIP | $125 |