Southern Valley Scholarship Foundation Inc
- Assets
- $942.3k
- Revenue
- $61.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Oxford, NE
- Founding
- 01/1999
- Data as of
- 12/2021
- EIN
- 47-0813266
Organization Overview
Southern Valley Scholarship Foundation Inc is located in Oxford, NE. The organization was established in 1999. According to its NTEE Classification (T70) the organization is classified as: Federated Giving Programs, 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. Southern Valley Scholarship Foundation 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 12/2021, Southern Valley Scholarship Foundation Inc generated $61.5k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $41.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
EDUCATION SCHOLARSHIPS ANDSCHOOL DONATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATION SCHOLARSHIPS AND SCHOOL DONATIONS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Lueking Treasurer | Officer | 0 | $0 |
Nate Fox Vice President | Officer | 0 | $0 |
Carol Bose Secretary | Officer | 0 | $0 |
William Weaver President | Officer | 0 | $0 |
Janell Anderson Ehrke Director | Trustee | 0 | $0 |
Marilyn Sodgrass Director | Trustee | 0 | $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 | $15,168 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,168 |
| Total Program Service Revenue | $0 |
| Investment income | $46,330 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $61,498 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $40,461 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,150 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $49 |
| Total functional expenses | $41,660 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1 |
| Savings and temporary cash investments | $139,825 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $802,500 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $942,324 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $942,324 |
| Total liabilities and net assets/fund balances | $942,324 |
Grants Awarded
Over the last fiscal year, Southern Valley Scholarship Foundation Inc has awarded $16,217 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHERN VALLEY SCHOOLS PURPOSE: PURCHASE LAPTOP COMPUTERS FOR STUDENT USE | $10,430 |
TEAMMATES (LOCAL CHAPTER) PURPOSE: SUPPORT THE START UP OF THE LOCAL TEAMMATES CHAPTER | $5,787 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Southern Valley Scholarship Foundation Inc has recieved totaling $140.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $140 |
Endowment Analysis
| Beg. Balance | $719,419 |
| Earnings | $43,324 |
| Net Contributions | $750 |
| Grants | $14,000 |
| Ending Balance | $749,493 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sioux Empire United Way Inc Sioux Falls, SD | $14,046,411 | $8,857,048 |
United Way Of Lincoln And Lancaster County Lincoln, NE | $10,176,018 | $7,783,651 |
Ten Talents Foundation St Louis, MO | $138,781,334 | $2,527,565 |
United Way Of East Central Iowa Cedar Rapids, IA | $18,620,645 | $6,956,778 |
Jewish Federation Of Greater Kansas City Overland Park, KS | $33,290,589 | $6,944,179 |
United Way Of Larimer County Inc Fort Collins, CO | $7,692,443 | $6,500,342 |
United Way Quad Cities Bettendorf, IA | $12,852,824 | $6,411,474 |
United Way Of Weld County Inc Greeley, CO | $5,895,187 | $7,008,653 |
Midamerican Energy Foundation Des Moines, IA | $31,627,129 | $16,741,976 |
United Way Of The Ozarks Springfield, MO | $2,807,517 | $5,788,622 |
Hills Bank Donor Advised Gift Fund North Liberty, IA | $13,364,606 | $6,107,675 |
United Way Of Greater Topeka Inc Topeka, KS | $3,601,122 | $4,712,696 |