Kadant Johnson Inc Scholarship Foundation
- Assets
- $0.0
- Revenue
- $4.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Three Rivers, MI
- Founding
- 06/1965
- Data as of
- 06/2021
- EIN
- 38-6098327
Organization Overview
Kadant Johnson Inc Scholarship Foundation is located in Three Rivers, MI. The organization was established in 1965. 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. Kadant Johnson Inc 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 06/2021, Kadant Johnson Inc Scholarship Foundation generated $4.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (16.7%) each year. All expenses for the organization totaled $5.0k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (12.9%) per year over the past 5 years. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED ONE 2,000 SCHOLARSHIPS TO ONE FIRST YEAR COLLEGE STUDENT, TWO SECOND YEAR COLLEGE STUDENTS, AND ONE ENGINEERING CO-OP STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacqueline A Bowen Member | 0 | $0 | |
Carrie Balk Member | 0 | $0 | |
Karen Rikkers Member | 0 | $0 | |
Wesley A Martz Chairman | 0 | $0 | |
Alan T Ives Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $5,000 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Kadant Johnson Inc Scholarship Foundation has awarded $5,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HUNTER KIMBLE UNIVERSITY OF MICHIG PURPOSE: SCHOLARSHIP- 1ST YEAR OF COLLEGE | $2,000 |
DANIEL FOURA GRAND VALLEY STATE PURPOSE: SCHOLARSHIP- ENGINEERING CO-OP STUDE | $1,000 |
BAYNE WILSONMICHIGAN STATE PURPOSE: SCHOLARSHIP - 1ST YEAR OF COLLEGE | $2,000 |