King City Community Scholarships Inc

Organization Overview

King City Community Scholarships Inc is located in King City, CA. The organization was established in 2015. 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. King City Community Scholarships 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 06/2022, King City Community Scholarships Inc generated $104.8k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $73.5k during the year ending 06/2022. While expenses have increased by 5.4% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE PURPOSE OF THIS CORPORATION IS TO INSURE THAT INDIVIDUALS, ORGANIZATIONS, AND BUSINESSES DESIRING TO PROVIDE SCHOLARSHIPS TO ASSIST LOCAL STUDENTS WITH COLLEGE EXPENSES HAVE A MEANS TO DISTRIBUTE THE MONEY TO THE STUDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DURING THIS YEAR THE CORPORATION HAS ADMINISTERED THE APPLICATION PROCESS FOR THE STUDENTS APPLYING FOR A SCHOLARSHIP, ORGANIZED A SCHOLARSHIP BANQUET FOR THE STUDENT RECIPIENTS, AND DISTRIBUTED $72,825 IN SCHOLARSHIPS TO THE CHOSEN STUDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Pam Kirkpatrick
President
$0
Samantha Johnsen
Treasurer
$0
Sarah Nash
Secretary
$0
Steven Schmidt
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$104,520
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$104,520
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $236
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $104,756

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