Stephen G Calvert Memorial Merit is located in West Chester, PA.
For the year ending 10/2018, Stephen G Calvert Memorial Merit generated $23.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (43.9%) each year. All expenses for the organization totaled $43.5k during the year ending 10/2018. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS WERE PROVIDED TO QUALIFYING STUDENTS TO ATTEND INSTITUTIONS OF HIGHER EDUCATION.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Pelone Treasurer | 0 | $0 | |
Donna Curtis Secretary | 0 | $0 | |
Dan Braem Asst. Treasu | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $23,000 |
| 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 | $0 |
| Total Revenue | $23,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $80 |
| Total operating and administrative expenses | $3,280 |
| Contributions, gifts, grants paid | $40,242 |
| Total expenses and disbursements | $43,522 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $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 | $0 |
| 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 |
Over the last fiscal year, Stephen G Calvert Memorial Merit has awarded $40,242 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ELIZABETH MOODY PURPOSE: SCHOLARSHIP | $8,892 |
D'ANDRIA ALSTON-THOMAS PURPOSE: SCHOLARSHIP | $6,500 |
KAYLEE SHEFFIELD PURPOSE: SCHOLARSHIP | $6,500 |
TARYN HADDIX PURPOSE: SCHOLARSHIP | $5,625 |
PHILADELPHIA RONALD MCDONALD HOUSE PURPOSE: CONTRIBUTION | $7,100 |
DIONICIA ALVAREZ-REYES PURPOSE: SCHOLARSHIP | $5,625 |