Florence Frisbie Scholarship Fund
- Assets
- $220.4k
- Revenue
- $15.3k
- Investments
- $176.5k
- Employees
- 0
- Location
- Cherokee, IA
- Founding
- 08/2002
- Data as of
- 12/2021
- EIN
- 42-6615574
Organization Overview
Florence Frisbie Scholarship Fund is located in Cherokee, IA. The organization was established in 2002. 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. Florence Frisbie 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, Florence Frisbie Scholarship Fund generated $15.3k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 15.6% each year . All expenses for the organization totaled $6.4k during the year ending 12/2021. While expenses have increased by 3.3% per year over the past 7 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
WORK WITH CHEROKEE COUNTY HIGH SCHOOLS TO ARRANGE FOR FIRST SCHOLARSHIP WINNERS, TO BE ANNOUNCED FROM CURRENT GRADUATING CLASS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $915 |
| Dividends & Interest | $4,301 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,057 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,273 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $2,138 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,788 |
| Contributions, gifts, grants paid | $3,600 |
| Total expenses and disbursements | $6,388 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,903 |
| Savings and temporary cash investments | $0 |
| 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 | $176,491 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $220,394 |
| 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 |
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