Floyd J Reinhart Memorial Scholarsh Ips
- Assets
- $1.4m
- Revenue
- $129.5k
- Investments
- $1.3m
- Employees
- 0
- Location
- Albany, NY
- Founding
- 05/1982
- Data as of
- 06/2024
- EIN
- 14-1605307
Organization Overview
Floyd J Reinhart Memorial Scholarsh Ips is located in Albany, NY. The organization was established in 1982. According to its NTEE Classification (A80) the organization is classified as: Historical Organizations, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Floyd J Reinhart Memorial Scholarsh Ips 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 06/2024, Floyd J Reinhart Memorial Scholarsh Ips generated $129.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $112.8k during the year ending 06/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Floyd J Reinhart Memorial Scholarsh Ips has awarded 664 individual grants totaling $888,831. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lyn Goodell Administrator | 1 | $0 | |
Tom Poitras Trustee | 1 | $0 | |
John Bresonis Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $56,317 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $73,169 |
| Capital Gain Net Income | $73,169 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $129,486 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $250 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $28,440 |
| Contributions, gifts, grants paid | $84,361 |
| Total expenses and disbursements | $112,801 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,510 |
| Savings and temporary cash investments | $0 |
| 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 | $225 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,377,722 |
| 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, Floyd J Reinhart Memorial Scholarsh Ips has awarded $84,361 in support to 72 organizations.
| Grant Recipient | Amount |
|---|---|
ALEX RIVKOWICH PURPOSE: SCHOLARSHIP | $1,875 |
ALEXANDRIA ROUSE PURPOSE: SCHOLARSHIP | $793 |
ALEXIS DEON PURPOSE: SCHOLARSHIP | $1,875 |
ALISTAR FRUEHSTORFER PURPOSE: SCHOLARSHIP | $1,875 |
ALYSSA WILKINSON PURPOSE: SCHOLARSHIP | $1,080 |
ANDRA FUHS PURPOSE: SCHOLARSHIP | $693 |