Kelsie Karpiak Memorial Scholarship Foundation Inc
- Assets
- $31.0k
- Revenue
- $29.1k
- Investments
- $0.0
- Employees
- 0
- Location
- St Augustine, FL
- Founding
- Data as of
- 12/2023
- EIN
- 83-2429911
Organization Overview
Kelsie Karpiak Memorial Scholarship Foundation Inc is located in St Augustine, FL. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Kelsie Karpiak Memorial Scholarship Foundation 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 12/2023, Kelsie Karpiak Memorial Scholarship Foundation Inc generated $29.1k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $30.2k during the year ending 12/2023. While expenses have increased by 9.5% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING DESERVING HIGH SCHOOL SENIORS WITH A SCHOLARSHIP TO HELP SUBSIDIZE THE COST OF POST HIGH SCHOOL EDUCATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig J Karpiak Treasurer | 5 | $0 | |
Rosanna H Karpiak President | 5 | $0 | |
Craig J Karpiak Jr Vice President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $29,072 |
| Interest on Savings | $25 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $29,097 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $21,380 |
| Total operating and administrative expenses | $23,634 |
| Contributions, gifts, grants paid | $6,580 |
| Total expenses and disbursements | $30,214 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $30,993 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $30,993 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Kelsie Karpiak Memorial Scholarship Foundation Inc has awarded $6,580 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
FLORIDA INTERNATIONAL UNIVERSITY PURPOSE: SCHOLARSHIP GRANT FOR EXCEPTIONAL STUDENT | $2,000 |
FLORIDA STATE UNIVERSITY PURPOSE: SCHOLARSHIP GRANT FOR EXCEPTIONAL STUDENT | $2,000 |
MIAMI-DADE COLLEGE PURPOSE: SCHOLARSHIP GRANT FOR EXCEPTIONAL STUDENT | $500 |
DUKE UNIVERSITY PURPOSE: SCHOLARSHIP GRANT FOR EXCEPTIONAL STUDENT | $2,000 |
COMPASSION INTERNATIONAL PURPOSE: CONTRIBUTION IN CHILD SPONSORSHIP | $80 |