Marbella Scholarship Foundation is located in San Juan Capistrano, CA. The organization was established in 1997. 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. Marbella Scholarship Foundation 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, Marbella Scholarship Foundation generated $77.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $20.0k during the year ending 06/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE MARBELLA SCHOLARSHIP FOUNDATION HAS BEEN FORMED TO PROVIDE SCHOLARSHIPS FOR EDUCATIONAL PURPOSES. EACH SCHOLARSHIP RECIPIENT IS REQUIRED TO USE THE SCHOLARSHIP FOR STUDY AT AN EDUCATIONAL INSTITUTION THAT NORMALLY HAS A REGULARLY ORGANIZED BODY OF STUDENTS IN ATTENDANCE AT THE PLACE WHERE THE EDUCATIONAL ACTIVITIES ARE CARRIED ON.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James P Collins Jr Treasurer | 0 | $0 | |
Kenneth H Williams President | 0 | $0 | |
Patricia Collins Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $75,372 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $4,205 |
Gain or Loss | -$1,991 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $77,586 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $704 |
Other expenses | $7,332 |
Total expenses | $20,036 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $185,257 |
Other assets | $0 |
Total assets | $185,257 |
Total liabilities | $0 |
Net assets or fund balances | $185,257 |