Dane Powers Memorial Scholarship Fund
- Assets
- $21.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Troutville, VA
- Founding
- 01/2015
- Data as of
- 12/2019
- EIN
- 46-2344711
Organization Overview
Dane Powers Memorial Scholarship Fund is located in Troutville, VA. The organization was established in 2015. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dane Powers Memorial 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 12/2019, Dane Powers Memorial Scholarship Fund generated $10.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $9.6k during the year ending 12/2019. While expenses have increased by 2.1% per year over the past 5 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
2019
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIP FUND FOR HIGH SCHOOL SENIORS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $10,746 |
| Other Revenue | $0 |
| Total Revenue | $10,746 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,594 |
| Total expenses | $9,594 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,155 |
| Other assets | $0 |
| Total assets | $21,155 |
| Total liabilities | $0 |
| Net assets or fund balances | $21,155 |
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