Lundgren-Svoboda Memorial Scholarship Fund
- Assets
- $6.6k
- Revenue
- $17.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Jordan, MN
- Founding
- 02/2019
- Data as of
- 12/2023
- EIN
- 83-2728319
Organization Overview
Lundgren-Svoboda Memorial Scholarship Fund is located in Jordan, MN. The organization was established in 2019. 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. Lundgren-Svoboda Memorial Scholarship Fund 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, Lundgren-Svoboda Memorial Scholarship Fund generated $17.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.9%) each year. All expenses for the organization totaled $18.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 5 years. 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
ELEVEN SCHOLARSHIPS GRANTED TO HIGH SCHOOL SENIORS AT BADGER HIGH SCHOOL, BADGER, MINNESOTA. SCHOLARSHIP RANGED FROM $1,000 TO $1,500. ADMINISTRATIVE COSTS WERE $0.
TWO SCHOLARSHIPS GRANTED TO HIGH SCHOOL SENIORS AT PRIOR LAKE SENIOR HIGH SCHOOL , PRIOR LAKE, MINNESOTA. SCHOLARSHIPS RANGED FROM $1,000 TO $1,500. ADMINISTRATIVE COSTS WERE $0.
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 |
|---|---|---|---|
Gail Svoboda Treasurer | 2 | $0 | |
Roxane Svoboda President | 5 | $0 | |
James Svoboda Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $17,500 |
| Interest on Savings | $0 |
| 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 | $17,500 |
| 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 | $26 |
| Total operating and administrative expenses | $1,276 |
| Contributions, gifts, grants paid | $17,500 |
| Total expenses and disbursements | $18,776 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,583 |
| 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 | $6,583 |
| 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, Lundgren-Svoboda Memorial Scholarship Fund has awarded $17,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
SHERRI KUKOWSKI PURPOSE: SCHOLARSHIP | $1,000 |
SARA CARPENTER PURPOSE: SCHOLARSHIP | $1,000 |
ELIZABETH GINZBURG PURPOSE: SCHOLARSHIP | $1,500 |
MICAYLE MYERS PURPOSE: SCHOLARSHIP | $1,500 |
RILEY GUST PURPOSE: SCHOLARSHIP | $1,500 |
KEYASHA HOUSKER PURPOSE: TEACHER AWARD | $1,500 |