Sacc Scholarship Charitable Tr
- Assets
- $285.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Santa Ana, CA
- Founding
- 08/2017
- Data as of
- 12/2022
- EIN
- 82-6301735
Organization Overview
Sacc Scholarship Charitable Tr is located in Santa Ana, CA. The organization was established in 2017. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sacc Scholarship Charitable Tr 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 12/2022, Sacc Scholarship Charitable Tr generated $120.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 15.8% each year . All expenses for the organization totaled $42.7k during the year ending 12/2022. While expenses have increased by 14.5% per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION'S BOARD MEMBERS RAISED $120,165 OF CONTRIBUTIONS AND RECEIVED APPLICATIONS FOR SCHOLARSHIPS. AFTER INTERVIEWING EACH OF THE APPLICANTS, 9 COLLEGE SCHOLARSHIPS WERE AWARDED TOTALLING $42,656. THE COMMITTEE IS CURRENTLY RECEIVING ADDITIONAL SCHOLARSHIP APPLICATIONS AND WILL AWARD SCHOLARSHIPS FOR THE UPCOMING SUMMER AND FALL SEMESTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Pickett President & CEO | 2 | $0 | |
Richard Schiendler COO | 1 | $0 | |
Karen Martin Trustee | 1 | $0 | |
Cindy Hanrahan Secretary | 1 | $0 | |
James Gauss Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $120,165 |
| 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 | $120,165 |
| 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 | $42,656 |
| Total expenses | $42,656 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $285,792 |
| Other assets | $0 |
| Total assets | $285,792 |
| Total liabilities | $0 |
| Net assets or fund balances | $285,792 |