Max Johnson Educational Fund is located in Grand Junction, 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. Max Johnson Educational Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SCHOLARSHIPS, FORGIVABLE LOANS, REDUCED INTEREST LOANS, AND TOERH FINANCIAL ASSISTANCE TO STUDENTS ATTENDING EITHER GREENE COUNTY COMMUNITY SCHOOL DISTRICT OR PATON-CHURDAN SCHOOL DISTRICT, OR STUDENTS WHO RESIDE IN GREENE COUNTY, IOWA, WHO DESIRE TO USE SUCH FUNDS FOR EDUCATIONAL TRAINING BEYOND HIGH SCHOOL.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Doug Fouch Trustee | 0 | $0 | |
Dustin Fouch Trustee | 0 | $0 | |
Brandon Hommer Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $0 |
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 | $106,360 |
Total Revenue | $106,360 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $0 |
Pension plans, employee benefits | $0 |
Interest | $0 |
Taxes | $1,455 |
Depreciation | $0 |
Occupancy | $0 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $7,044 |
Total operating and administrative expenses | $13,599 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $13,599 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $248,824 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $171,215 |
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 | $1,123,200 |
Other assets | $106,206 |
Total assets | $8,333,437 |
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 |