Peninsula Hawks Scholarship Fund
- Assets
- $925.9k
- Revenue
- $427.6k
- Investments
- $0.0
- Employees
- 9
- Location
- Gig Harbor, WA
- Founding
- 07/1992
- Data as of
- 12/2021
- EIN
- 91-1303057
Organization Overview
Peninsula Hawks Scholarship Fund is located in Gig Harbor, WA. The organization was established in 1992. According to its NTEE Classification (B25) the organization is classified as: Secondary & High Schools, under the broad grouping of Education and related organizations. As of 12/2021, Peninsula Hawks Scholarship Fund employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peninsula Hawks 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 12/2021, Peninsula Hawks Scholarship Fund generated $427.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.7% each year. All expenses for the organization totaled $361.0k during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 7 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
DONATIONS GENERATED FUNDS EXCLUSIVELY FOR SCHOLARSHIPS & STUDENT ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Britt Mayer Vice President | Officer | 5 | $0 |
Crystal Devers Secretary | Officer | 5 | $0 |
Vicky Donahoe President | Officer | 5 | $0 |
Julie Gillett Treasurer | Officer | 5 | $0 |
Hayley Nichols Director | Trustee | 5 | $0 |
Shirley Crane Director | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $236,988 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $236,988 |
| Total Program Service Revenue | $0 |
| Investment income | $18,915 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $15,901 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $155,747 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $427,551 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $256,158 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $68,418 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,550 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $109 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $972 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,324 |
| All other expenses | $3,798 |
| Total functional expenses | $361,020 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $288,046 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $637,903 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $925,949 |
| Accounts payable and accrued expenses | $1,453 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,453 |
| Net assets without donor restrictions | $924,496 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $925,949 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Peninsula Hawks Scholarship Fund has recieved totaling $146.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $146 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Seattle Academy Of Arts And Sciences Seattle, WA | $130,565,499 | $44,102,575 |
Overlake School Redmond, WA | $108,738,189 | $25,530,145 |
Africa New Life Ministries International Portland, OR | $6,351,157 | $13,013,845 |
Northsound Association For Catholic Education Everett, WA | $18,986,934 | $10,534,843 |
Benton Franklin Head Start Program Richland, WA | $1,169,571 | $7,707,525 |
Northwest Academy Portland, OR | $25,854,406 | $19,083,366 |
Grace Cascade Christian Schools Medford, OR | $21,046,370 | $6,903,914 |
Westside Christian High School Tigard, OR | $16,024,565 | $4,963,827 |
Open School Inc Portland, OR | $8,309,312 | $5,000,345 |
Lake Washington Girls Middle School Seattle, WA | $6,756,406 | $3,694,139 |
Archbishop Francis Norbert Blanchet School Salem, OR | $7,476,012 | $3,497,763 |
Alzar School Inc Cascade, ID | $16,452,354 | $5,443,400 |