Midland Community Club Scholarship
- Assets
- $164.0k
- Revenue
- $21.8k
- Investments
- $158.6k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 08/1988
- Data as of
- 12/2021
- EIN
- 91-6281184
Organization Overview
Midland Community Club Scholarship is located in Las Vegas, NV. The organization was established in 1988. According to its NTEE Classification (S80) the organization is classified as: Community Service Clubs, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Midland Community Club Scholarship 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, Midland Community Club Scholarship generated $21.8k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 51.5% each year . All expenses for the organization totaled $10.1k during the year ending 12/2021. While expenses have increased by 12.6% per year over the past 4 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.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,139 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $17,618 |
| Capital Gain Net Income | $17,618 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $21,757 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,250 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $600 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $5,086 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $10,086 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,369 |
| 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 | $164,011 |
| 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, Midland Community Club Scholarship has awarded $10,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
Tacoma, WA PURPOSE: SCHOLARSHIP | $2,000 |
Tacoma, WA PURPOSE: SCHOLARSHIP | $2,000 |
Bellingham, WA PURPOSE: SCHOLARSHIP | $1,500 |
MONTANA TECH CO QUINTEN FOSTER PURPOSE: SCHOLARSHIP | $1,500 |
MONTANA TECH CO QUINTEN FOSTER PURPOSE: SCHOLARSHIP | $1,500 |
Bellingham, WA PURPOSE: SCHOLARSHIP | $1,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fresno Building Healthy Communities Fresno, CA | $7,681,991 | $11,111,006 |
Korean Immigrant Workers Advocates Of Southern California Los Angeles, CA | $4,731,702 | $8,492,805 |
Native Americans For Community Action Inc Flagstaff, AZ | $13,508,728 | $5,982,716 |
Goleta Valley Professional Buildings Inc Santa Barbara, CA | $89,343,424 | $8,414,379 |
Foothill Ranch Maintenance Corporation Irvine, CA | $3,077,161 | $4,440,100 |
Pilipino Workers Center Of Southern Los Angeles, CA | $1,734,132 | $5,015,376 |
South Eastern Idaho Community Pocatello, ID | $5,750,799 | $3,683,486 |
Southwest District Kiwanis Foundation Carefree, AZ | $3,902,018 | $3,838,305 |
Alliance For African Assistance San Diego, CA | $4,342,451 | $2,754,226 |
Samoan Community Development Center Incorporated San Francisco, CA | $808,922 | $2,608,203 |
Imagine Worldwide Mill Valley, CA | $4,339,932 | $3,145,641 |
East Bay Sanctuary Covenant Berkeley, CA | $2,472,298 | $3,238,698 |