Irene Bartelt Memorial Education Fund
- Assets
- $552.0k
- Revenue
- $120.2k
- Investments
- $545.4k
- Employees
- 0
- Location
- Zionsville, IN
- Founding
- 03/1999
- Data as of
- 12/2022
- EIN
- 35-2023439
Organization Overview
Irene Bartelt Memorial Education Fund is located in Zionsville, IN. The organization was established in 1999. 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. Irene Bartelt Memorial Education 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 12/2022, Irene Bartelt Memorial Education Fund generated $120.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 54.0% each year . All expenses for the organization totaled $34.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Irene Bartelt Memorial Education Fund has awarded 76 individual grants totaling $105,000. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP APPLICATION REVIEW AND AWARD - SEE PART XIV
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $156 |
| Dividends & Interest | $5,105 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $114,950 |
| Capital Gain Net Income | $114,950 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $120,211 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $500 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $714 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $347 |
| Total operating and administrative expenses | $7,145 |
| Contributions, gifts, grants paid | $27,000 |
| Total expenses and disbursements | $34,145 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,628 |
| 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 | $552,006 |
| 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, Irene Bartelt Memorial Education Fund has awarded $27,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
DYLAN BLAND PURPOSE: SCHOLARSHIP - $1,000 SPRING 2021/2022 SCHOOL YEAR, $1,000 FALL 2022/2023 SCHOOL YEAR | $2,000 |
BETHANY BROOKS PURPOSE: SCHOLARSHIP - $1,000 SPRING 2021/2022 SCHOOL YEAR, $1,000 FALL 2022/2023 SCHOOL YEAR | $2,000 |
KATLYN BREWER PURPOSE: SCHOLARSHIP - $1,000 SPRING 2021/2022 SCHOOL YEAR | $1,000 |
TYLER BROWN PURPOSE: SCHOLARSHIP - $1,000 SPRING 2021/2022 SCHOOL YEAR, $1,000 FALL 2022/2023 SCHOOL YEAR | $2,000 |
AUDRA HOCHGESANG PURPOSE: SCHOLARSHIP - $1,000 SPRING 2021/2022 SCHOOL YEAR, $1,000 FALL 2022/2023 SCHOOL YEAR | $2,000 |
ALI LUKER PURPOSE: SCHOLARSHIP - $1,000 FALL 2022/2023 SCHOOL YEAR | $1,000 |