Wylma Noll Scholarship Fund
- Assets
- $989.7k
- Revenue
- $37.8k
- Investments
- $927.9k
- Employees
- 0
- Location
- Poplar Bluff, MO
- Founding
- 00/0000
- Data as of
- 12/2022
- EIN
- 43-1863249
Organization Overview
Wylma Noll Scholarship Fund is located in Poplar Bluff, MO. The organization was established in 0000. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations.
For the year ending 12/2022, Wylma Noll Scholarship Fund generated $37.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $75.9k during the year ending 12/2022. While expenses have increased by 2.4% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION/TRUST PROVIDES SCHOLARSHIPS THROUGH THREE RIVERS COLLEGE, POPLAR BLUFF, MISSOURI. RECIPIENTS ARE SELECTED BY A COLLEGE COMMITTEE IN KEEPING WITH GUIDELINES OF THE TRUST.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sue Payne Trustee | 2 | $9,000 | |
Allen Payne Trustee | 2 | $9,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,446 |
| Dividends & Interest | $33,960 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $911 |
| Capital Gain Net Income | $10,036 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$2,522 |
| Total Revenue | $37,795 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $18,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $891 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,000 |
| Total operating and administrative expenses | $20,856 |
| Contributions, gifts, grants paid | $55,000 |
| Total expenses and disbursements | $75,856 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $61,795 |
| 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 | $118,392 |
| Investments—other | $53,974 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $989,689 |
| 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 |