Madison Scholarship Fund
- Assets
- $174.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Madison, NH
- Founding
- 07/2015
- Data as of
- 12/2022
- EIN
- 47-1272967
Organization Overview
Madison Scholarship Fund is located in Madison, NH. 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. Madison 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, Madison Scholarship Fund generated $17.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.6% each year. All expenses for the organization totaled $6.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION PROVIDES FINANCIAL SCHOLARSHIPS TO SUPPORT LOCAL YOUTH FOR POST-SECONDARY EDUCATIONAL PURSUITS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Kramer Director | 1 | $0 | |
Michael Brooks Treasurer | 2 | $0 | |
Karen Lord Secretary | 1 | $0 | |
Sean Littlefield Director | 1 | $0 | |
Tammy Flanigan Director | 1 | $0 | |
Joan Lanoie Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,080 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,336 |
| Gain or Loss | $5,451 |
| Net Income from Gaming & Fundraising | $3,243 |
| Other Revenue | $0 |
| Total Revenue | $17,110 |
| 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 | $418 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $62 |
| Other expenses | $1,848 |
| Total expenses | $6,328 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $174,194 |
| Other assets | $0 |
| Total assets | $174,194 |
| Total liabilities | $0 |
| Net assets or fund balances | $174,194 |