William H Thompson Educational Fund
- Assets
- $427.3k
- Revenue
- $15.2k
- Investments
- $417.2k
- Employees
- 0
- Location
- Mountain Home, AR
- Founding
- 06/2016
- Data as of
- 12/2022
- EIN
- 46-5049536
Organization Overview
William H Thompson Educational Fund is located in Mountain Home, AR. The organization was established in 2016. 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. William H Thompson Educational 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, William H Thompson Educational Fund generated $15.2k in total revenue. The organization has seen a slow decline revenue. Over the past 4 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $26.2k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (10.6%) per year over the past 4 years. 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
SCHOLARSHIPS FOR NINE RECIPIENTS
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2,815 |
| Dividends & Interest | $12,352 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $7,383 |
| Net ST Capital Gain | $46 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $15,167 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $453 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $6,143 |
| Contributions, gifts, grants paid | $20,050 |
| Total expenses and disbursements | $26,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $10,131 |
| 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 | $0 |
| Investments—other | $316,605 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $427,325 |
| 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 |
Grants Awarded
Over the last fiscal year, William H Thompson Educational Fund has awarded $20,050 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
WILLIAM MONSON PURPOSE: SCHOLARSHIP | $125 |
LUKE DARRACQ PURPOSE: SCHOLARSHIP | $2,600 |
ADDISON DUREN PURPOSE: SCHOLARSHIP | $2,600 |
DANIEL HALL PURPOSE: SCHOLARSHIP | $2,600 |
KOLBE HERRON PURPOSE: SCHOLARSHIP | $2,600 |
AMY WOOD PURPOSE: SCHOLARSHIP | $2,600 |