The E R Cserpes Memorial Football Scholarship Award Trust
- Assets
- $223.2k
- Revenue
- $8.7k
- Investments
- $223.2k
- Employees
- 0
- Location
- South Bend, IN
- Founding
- 09/2014
- Data as of
- 12/2022
- EIN
- 37-6511493
Organization Overview
The E R Cserpes Memorial Football Scholarship Award Trust is located in South Bend, IN. The organization was established in 2014. 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. E R Cserpes Memorial Football Scholarship Award Trust 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, E R Cserpes Memorial Football Scholarship Award Trust generated $8.7k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $17.5k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Kinder Head Football Coach Committee Member | 0 | $0 | |
Cory Yeoman Head Football Coach Committee Member | 0 | $0 | |
Darius Mitchell Head Football Coac Committee Member | 0 | $0 | |
Todd Stammich Head Football Coach Committee Member | 0 | $0 | |
Frank Karczewski Head Football Coa Committee Member | 0 | $0 | |
1st Source Bank Trustee | 1 | $3,009 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,990 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,723 |
| Capital Gain Net Income | $2,723 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,713 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,009 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $14 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,523 |
| Contributions, gifts, grants paid | $13,000 |
| Total expenses and disbursements | $17,523 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22 |
| Savings and temporary cash investments | $0 |
| 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 | $223,205 |
| 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, The E R Cserpes Memorial Football Scholarship Award Trust has awarded $13,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
GRANT OTT-LARGE PURPOSE: SCHOLARSHIP | $2,000 |
MATTHEW ZHANG PURPOSE: SCHOLARSHIP | $2,000 |
VINCENT AMBROSE PURPOSE: SCHOLARSHIP | $2,000 |
MICHAEL V LAWLER PURPOSE: SCHOLARSHIP | $1,000 |
NATHAN NEWCOMER PURPOSE: SCHOLARSHIP | $2,000 |
JAYDEN SEMAK PURPOSE: SCHOLARSHIP | $2,000 |