Meadville Martin Luther King Jr Scholarship Fund is located in Meadville, PA. The organization was established in 2014. 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. Meadville Martin Luther King Jr 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 12/2022, Meadville Martin Luther King Jr Scholarship Fund generated $122.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $106.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.6%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dr Armendia P Dixon President | 5 | $0 | |
Traci Balsamo Member | 1 | $0 | |
Kevin Burke Member | 1 | $0 | |
Dr Nancy Smith Member | 1 | $0 | |
Heather Curtis Member | 1 | $0 | |
Rev Jackie Roberson Jr Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $116,071 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $4,443 |
Gain or Loss | $2,075 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $122,589 |
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 | $10,053 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,102 |
Other expenses | $95,367 |
Total expenses | $106,522 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $42,078 |
Other assets | $0 |
Total assets | $247,623 |
Total liabilities | $38,161 |
Net assets or fund balances | $209,462 |