John L Cohill Memorial Scholarship Foundation
- Assets
- $58.0k
- Revenue
- $11.2k
- Investments
- $51.1k
- Employees
- 0
- Location
- Akron, OH
- Founding
- 01/1989
- Data as of
- 12/2022
- EIN
- 34-1584377
Organization Overview
John L Cohill Memorial Scholarship Foundation is located in Akron, OH. The organization was established in 1989. 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. John L Cohill Memorial 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 12/2022, John L Cohill Memorial Scholarship Foundation generated $11.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $7.0k during the year ending 12/2022. While expenses have increased by 0.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JOHN L. COHILL MEMORIAL SCHOLARSHIP FOUNDATION PROVIDED SCHOLARSHIPS TO 3 STUDENTS IN 2022.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Dies Trustee | 0 | $0 | |
Ron Laubaugh Trustee | 0 | $0 | |
Kevin Cohill Trustee | 0 | $0 | |
Steve Dies Trustee | 0 | $0 | |
Robert Conley Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,169 |
| Interest on Savings | $1 |
| Dividends & Interest | $2,996 |
| 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 | $11,166 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $89 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $60 |
| Total operating and administrative expenses | $1,049 |
| Contributions, gifts, grants paid | $6,000 |
| Total expenses and disbursements | $7,049 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,131 |
| 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 | $51,094 |
| Net Land, buildings, and equipment | $0 |
| Other assets | -$2,242 |
| Total assets | $57,983 |
| 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, John L Cohill Memorial Scholarship Foundation has awarded $6,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
MS LAURYN DIES PURPOSE: SCHOLARSHIP | $2,000 |
MS MADISON DIES PURPOSE: SCHOLARSHIP | $2,000 |
MR ZANE VAN VOORHIS PURPOSE: SCHOLORSHIP | $2,000 |