Tim Bishop Memorial Scholarship is located in South Bend, IN. 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. Tim Bishop Memorial Scholarship 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, Tim Bishop Memorial Scholarship generated $1.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (19.0%) each year. All expenses for the organization totaled $9.0k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATIONAL SCHOLARSHIPS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shelly Foster Director | 0 | $0 | |
Maryloubishop Director | 0 | $0 | |
Nikki Ferris Director | 0 | $0 | |
Al Hancock Director | 0 | $0 | |
Joann Murphy Director | 0 | $0 | |
Bobbie Pio Director | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $925 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $210 |
| Gain or Loss | $245 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,380 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $891 |
| Professional fees and other payments to independent contractors | $1,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $128 |
| Total expenses | $9,019 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,590 |
| Other assets | $0 |
| Total assets | $10,590 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,590 |