Doolittle Memorial Scholarship Trus
- Assets
- $80.5k
- Revenue
- $9.3k
- Investments
- $79.9k
- Employees
- 0
- Location
- Aberdeen, SD
- Founding
- 04/1993
- Data as of
- 12/2018
- EIN
- 46-6091497
Organization Overview
Doolittle Memorial Scholarship Trus is located in Aberdeen, SD. The organization was established in 1993. 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 12/2018, Doolittle Memorial Scholarship Trus generated $9.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 28.7% each year . All expenses for the organization totaled $5.6k during the year ending 12/2018. 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
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED SCHOLARSHIPS TO STUDENTS MEETING PRESCRIBED CRITERIA
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,919 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,345 |
| Capital Gain Net Income | $1,307 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $9,264 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $49 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $522 |
| Total operating and administrative expenses | $1,398 |
| Contributions, gifts, grants paid | $4,220 |
| Total expenses and disbursements | $5,618 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$2 |
| Savings and temporary cash investments | $683 |
| 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 | $79,853 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $80,534 |
| 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, Doolittle Memorial Scholarship Trus has awarded $4,220 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
JOHN MORRISON PURPOSE: COLLEGE SCHOLARSHIP | $1,800 |
ADAM ACKER PURPOSE: COLLEGE SCHOLARSHIP | $1,210 |
KASEY GROTE PURPOSE: COLLEGE SCHOLARSHIP | $1,210 |