Ernest And Maxine Memorial Education Trust
- Assets
- $241.2k
- Revenue
- $9.8k
- Investments
- $241.2k
- Employees
- 0
- Location
- Pomeroy, OH
- Founding
- 06/1992
- Data as of
- 06/2023
- EIN
- 31-6411166
Organization Overview
Ernest And Maxine Memorial Education Trust is located in Pomeroy, OH. The organization was established in 1992. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Ernest And Maxine Memorial Education Trust 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 06/2023, Ernest And Maxine Memorial Education Trust generated $9.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.7%) each year. All expenses for the organization totaled $14.7k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Ernest And Maxine Memorial Education Trust has awarded 84 individual grants totaling $102,285. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TEN 10 EDUCATIONAL SCHOLARSHIPS-TOTAL 1210000 SEE ATTACHED LIST
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cathy Crow Trustee | 0 | $0 | |
Frederick W Crow IV Trustee | 0 | $0 | |
Charles Crow Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,710 |
| 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 | $1,058 |
| Total Revenue | $9,768 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $265 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $2,586 |
| Contributions, gifts, grants paid | $12,100 |
| Total expenses and disbursements | $14,686 |
| 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 | $241,217 |
| 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, Ernest And Maxine Memorial Education Trust has awarded $12,100 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
WYATT JARRELL PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,210 |
OLIVIA HAGGY PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,210 |
JAYDEN JOHNSON PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,210 |
RYLEE LISLE PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,210 |
JOHN LISLE PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,210 |
PHOENIX CLELAND PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,210 |