Art Alaniz Scholarship Fund Inc is located in Edinburg, TX. 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. Art Alaniz Scholarship Fund 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, Art Alaniz Scholarship Fund Inc generated $28.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (19.9%) each year. All expenses for the organization totaled $66.0 during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (72.1%) per year over the past 3 years. 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
THE ORGANIZATION FUNDS SCHOLARSHIPS FOR STUDENTS PURSUING DEGREES AT UNIVERSITIES AND COLLEGES. DURING THE FISCAL YEAR OF 01/01/2021 THROUGH 12/31/2021, THE ORGANIZATION RECEIVED 31,250 IN DONATIONS.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $31,250 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $5 |
Gain or Loss | -$2,493 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $28,762 |
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 | $66 |
Total expenses | $66 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $118,579 |
Other assets | $0 |
Total assets | $316,092 |
Total liabilities | $109,553 |
Net assets or fund balances | $206,539 |
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