Sam Tidwell Memorial Scholarship Fund is located in Albany, TX. The organization was established in 2004. 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. Sam Tidwell Memorial 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 12/2023, Sam Tidwell Memorial Scholarship Fund generated $1.3k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $10.2k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE PURPOSES FOR ORGANIZING THE CORPORATION ARE TO PERFORM CHARITABLE AND EDUCATIONAL ACTIVITIES WITHIN THE MEANING OF INTERNAL REVENUE CODE SECTION 501(C)(3) AND TEXAS TAX CODE SECTION 11.18(C).
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Joe Tidwell Director | 0 | $0 | |
Tommy Terrell Director | 0 | $0 | |
Randall Palmore Director | 0 | $0 | |
Glen Webb Director | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $1,343 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $1,343 |
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 | $177 |
Total expenses | $10,177 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $213,421 |
Other assets | $0 |
Total assets | $213,421 |
Total liabilities | $176 |
Net assets or fund balances | $213,245 |