Jwm Scholarship Foundation
- Assets
- $40.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Long Lake, MN
- Founding
- 09/2015
- Data as of
- 12/2021
- EIN
- 47-4365549
Organization Overview
Jwm Scholarship Foundation is located in Long Lake, MN. 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. Jwm Scholarship Foundation 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, Jwm Scholarship Foundation generated $17.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $11.2k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
AWARDING OF THREE SCHOLARSHIPS AND TWO TEACHER AWARDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marko Mrkonich Chairperson And Director | 0 | $0 | |
David Hirschfeld Director And Secretary | 0 | $0 | |
Robert Lund Treasurer And Director | 1 | $0 | |
Joe Mrkonich Director | 0 | $0 | |
Betty Hirschfeld Director | 0 | $0 | |
Kathryn Mrkonich Wilson Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,449 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $17,449 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,079 |
| Total expenses | $11,179 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $40,939 |
| Other assets | $0 |
| Total assets | $40,939 |
| Total liabilities | $0 |
| Net assets or fund balances | $40,939 |
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