Bill Mckenna Memorial Scholarship Foundation Inc
- Assets
- $142.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Defiance, MO
- Founding
- 06/1998
- Data as of
- 12/2022
- EIN
- 43-1803116
Organization Overview
Bill Mckenna Memorial Scholarship Foundation Inc is located in Defiance, MO. The organization was established in 1998. 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. Bill Mckenna Memorial Scholarship Foundation Inc 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 12/2022, Bill Mckenna Memorial Scholarship Foundation Inc generated $34.9k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.4% each year . All expenses for the organization totaled $22.4k during the year ending 12/2022. While expenses have increased by 6.9% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
POST-SECONDARY SCHOLARSHIPS AWARDED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Mckenna Director | 1 | $0 | |
Andy Hudson Director | 1 | $0 | |
Bruce Affleck Director | 1 | $0 | |
Tim Peel Director | 1 | $0 | |
Steve Chapman Director | 1 | $0 | |
Mike Mckenna Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $13,124 |
| Total Program Service Revenue | $11,300 |
| Membership dues | $0 |
| Investment income | $2,560 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $7,915 |
| Other Revenue | $0 |
| Total Revenue | $34,899 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $650 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $14,221 |
| Total expenses | $22,371 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $142,720 |
| Other assets | $0 |
| Total assets | $142,720 |
| Total liabilities | $0 |
| Net assets or fund balances | $142,720 |
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