Wayne City High School Scholarship Foundation
- Assets
- $812.5k
- Revenue
- $358.7k
- Investments
- $690.4k
- Employees
- 0
- Location
- Wayne City, IL
- Founding
- 01/2002
- Data as of
- 12/2022
- EIN
- 37-1413927
Organization Overview
Wayne City High School Scholarship Foundation is located in Wayne City, IL. The organization was established in 2002. 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. Wayne City High School 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, Wayne City High School Scholarship Foundation generated $358.7k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 63.5% each year . All expenses for the organization totaled $86.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Wayne City High School Scholarship Foundation has awarded 256 individual grants totaling $610,238. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul Bruinsma President - Director | 1 | $0 | |
Marcie Caldwell Vice President - Director | 1 | $0 | |
Richard Talbert Secretary - Director | 1 | $0 | |
Hazel Lea Neff Treasurer - Director | 3 | $0 | |
Kim Dickey Director | 1 | $0 | |
Bryan Bennett Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $317,955 |
| Interest on Savings | $736 |
| Dividends & Interest | $17,587 |
| 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 | $22,444 |
| Total Revenue | $358,722 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,250 |
| Total operating and administrative expenses | $3,950 |
| Contributions, gifts, grants paid | $82,545 |
| Total expenses and disbursements | $86,495 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $122,114 |
| 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 | $620,205 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $812,465 |
| 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, Wayne City High School Scholarship Foundation has awarded $196,758 in support to 88 organizations.
| Grant Recipient | Amount |
|---|---|
DELAINEY BAILEY PURPOSE: EDUCATION SCHOLARSHIP | $1,000 |
JADEN BAILEY PURPOSE: EDUCATION SCHOLARSHIP | $480 |
MATTHEW BARBEE PURPOSE: EDUCATION SCHOLARSHIP | $4,250 |
NATHANIAL BARBEE PURPOSE: EDUCATION SCHOLARSHIP | $7,000 |
DAWSON BARNARD PURPOSE: EDUCATION SCHOLARSHIP | $1,813 |
JAYDEN BOYD PURPOSE: EDUCATION SCHOLARSHIP | $3,000 |