Edith L & H Danforth Ross Scholarship Fund 124-6130894630
- Assets
- $689.1k
- Revenue
- $32.7k
- Investments
- $197.8k
- Employees
- 0
- Location
- Portland, ME
- Founding
- 07/1990
- Data as of
- 01/2023
- EIN
- 01-6075602
Organization Overview
Edith L & H Danforth Ross Scholarship Fund 124-6130894630 is located in Portland, ME. The organization was established in 1990. 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. Edith L & H Danforth Ross Scholarship Fund 124-6130894630 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 01/2023, Edith L & H Danforth Ross Scholarship Fund 124-6130894630 generated $32.7k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $1.8k during the year ending 01/2023. 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 | $28,577 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,849 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $250 |
| Capital Gain Net Income | $250 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $32,676 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $377 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $552 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $1,839 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,839 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $64,906 |
| 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 | $426,340 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $197,809 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $689,055 |
| 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 |