Mark & Issac Friday Memorial Scholarship Foundation
- Assets
- $34.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cornelius, NC
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 82-4145513
Organization Overview
Mark & Issac Friday Memorial Scholarship Foundation is located in Cornelius, NC. The organization was established in 2018. 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. Mark & Issac Friday 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 12/2021, Mark & Issac Friday Memorial Scholarship Foundation generated $24.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 36.5% each year . All expenses for the organization totaled $4.4k during the year ending 12/2021. While expenses have increased by 5.7% per year over the past 3 years. They've been increasing with an increasing level of total revenue. 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
ORGANIZED A TENNIS TOURNAMENT WHICH PROVIDED PROCEEDS TO FUND SCHOLARSHIPS FOR COLLEGE BOUND STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lois Reynolds Treasurer | 5 | $0 | |
Alex Bogojevich President | 5 | $0 | |
Nancy Friday Vice President | 5 | $0 | |
Phyllis Mcconnell Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,910 |
| Total Program Service Revenue | $13,007 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $24,917 |
| 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 | $1,416 |
| Total expenses | $4,416 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $33,971 |
| Other assets | $0 |
| Total assets | $33,971 |
| Total liabilities | $0 |
| Net assets or fund balances | $33,971 |
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