Iowa Ready Mixed Concrete Association Scholarship Fund
- Assets
- $104.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ankeny, IA
- Founding
- Data as of
- 12/2023
- EIN
- 87-2052704
Organization Overview
Iowa Ready Mixed Concrete Association Scholarship Fund is located in Ankeny, IA. 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. Iowa Ready Mixed Concrete Association 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, Iowa Ready Mixed Concrete Association Scholarship Fund generated $78.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (18.5%) each year. All expenses for the organization totaled $107.2k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE ORGANIZATION IS TO RECEIVE AND ADMINISTER FUNDS FOR EDUCATION AND CHARITABLE PURPOSES, AS A SCHOLARSHIP FOUNDATION.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Griffin Kahn President / | 1 | $0 | |
Ken Cline Secretary & | 1 | $0 | |
Ken Kuhn Past Preside | 1 | $0 | |
Greg Mulder Executive Di | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,478 |
| Total Program Service Revenue | $77,295 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,773 |
| 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 | $1,250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $105,916 |
| Total expenses | $107,166 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $97,736 |
| Other assets | $0 |
| Total assets | $104,236 |
| Total liabilities | $18,616 |
| Net assets or fund balances | $85,620 |