Charlotte Drummond Memorial Scholarship Foundation is located in Broomall, PA. The organization was established in 2017. 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. Charlotte Drummond Memorial 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 06/2020, Charlotte Drummond Memorial Scholarship Foundation generated $4.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (22.4%) each year. All expenses for the organization totaled $5.1k during the year ending 06/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS PROVIDED TO HIGH SCHOOL STUDENTS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Richard Drummond President | 1 | $0 | |
Kristin Druien Vice President | 1 | $0 | |
Christina Johnson Secretary | 1 | $0 | |
Jacklyne Hopkins Board Member | 1 | $0 | |
Frances Matkowski Board Member | 1 | $0 | |
Ashley Norris Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $4,555 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$128 |
Other Revenue | $0 |
Total Revenue | $4,427 |
Statement of Expenses | |
---|---|
Total expenses | $5,055 |
Balance Sheet | |
---|---|
Total assets | $29,634 |
Total liabilities | $0 |
Net assets or fund balances | $29,634 |
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