Souderton Area Joint High School Scholarship Fund
- Assets
- $303.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Souderton, PA
- Founding
- 08/1967
- Data as of
- 12/2021
- EIN
- 23-6430433
Organization Overview
Souderton Area Joint High School Scholarship Fund is located in Souderton, PA. The organization was established in 1967. 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. Souderton Area Joint High School Scholarship Fund 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, Souderton Area Joint High School Scholarship Fund generated $42.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $29.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
THE EDUCATIONAL SCHOLARSHIP FUND PROVIDES FINANCIAL SUPPORT FOR STUDENTS PURSUING EDUCATION BEYOND HIGH SCHOOL AND DISTRIBUTES THE SCHOLARSHIPS ON A FINANCIAL NEED BASIS. DURING 2019 A TOTAL OF EIGHT SCHOLARSHIPS WERE GIVEN OUT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Clemens President | 1 | $0 | |
Bradley Clemens Vice Preside | 1 | $0 | |
Jonathan Graf Secretary | 1 | $0 | |
Richard Swartley Treasurer | 1 | $0 | |
Kent Krauss Director | 1 | $0 | |
Matthew Holliday Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $22,785 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5,636 |
| Gain or Loss | $14,250 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $42,671 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $2,851 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $146 |
| Total expenses | $28,997 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $303,196 |
| Other assets | $0 |
| Total assets | $303,196 |
| Total liabilities | $0 |
| Net assets or fund balances | $303,196 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Souderton Area Joint High School Scholarship Fund has recieved totaling $9,500.
| Awarding Organization | Amount |
|---|---|
Souderton Telford Rotary Club Foundation Souderton, PA | | $9,500 |
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|---|---|---|
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