Brummer Stiles Duncan Scholarship Fund
- Assets
- $8.5m
- Revenue
- $255.5k
- Investments
- $3.5m
- Employees
- 0
- Location
- Cherokee, IA
- Founding
- 12/1986
- Data as of
- 09/2023
- EIN
- 42-6371803
Organization Overview
Brummer Stiles Duncan Scholarship Fund is located in Cherokee, IA. The organization was established in 1986. 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. Brummer Stiles Duncan 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 09/2023, Brummer Stiles Duncan Scholarship Fund generated $255.5k in total revenue. All expenses for the organization totaled $602.5k during the year ending 09/2023. While expenses have increased by 60.7% per year over the past 8 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $28,646 |
| Dividends & Interest | $58,256 |
| Net Rental Income | $168,309 |
| Net Gain on Sale of Assets | -$20,755 |
| Capital Gain Net Income | $1,075 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $255,521 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $61,280 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,816 |
| Depreciation | $0 |
| Occupancy | $1,166 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,051 |
| Total operating and administrative expenses | $90,843 |
| Contributions, gifts, grants paid | $511,626 |
| Total expenses and disbursements | $602,469 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $67,953 |
| 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 | $425,000 |
| Net Land, buildings, and equipment | $4,924,501 |
| Other assets | $0 |
| Total assets | $8,494,588 |
| 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 | $25,437 |
| Total liabilities | $25,437 |
Grants Awarded
Over the last fiscal year, Brummer Stiles Duncan Scholarship Fund has awarded $3,038 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
ALYSSA MELTON PURPOSE: COLLEGE COSTS | $770 |
BRYAN SCHLINZ PURPOSE: COLLEGE COSTS | $770 |
DYLAN KOHN PURPOSE: COLLEGE COSTS | $770 |
EMMA FRIEDRICHSEN PURPOSE: COLLEGE COSTS | $770 |
GRACE DECIOUS PURPOSE: COLLEGE COSTS | $770 |
JACOB SPIELER PURPOSE: SCHOLARSHIP RETURNED | -$527 |