Blaine Community Scholarship Association
- Assets
- $135.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Blaine, MN
- Founding
- 03/1976
- Data as of
- 06/2024
- EIN
- 41-1420986
Organization Overview
Blaine Community Scholarship Association is located in Blaine, MN. The organization was established in 1976. 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. Blaine Community Scholarship Association 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 06/2024, Blaine Community Scholarship Association generated $71.4k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $67.6k during the year ending 06/2024. While expenses have increased by 6.3% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2024
Describe the Organization's Program Activity:
Part 3
DONATIONS WERE SOLICITED FROM LOCAL BUSINESSES AND RESIDENTS. DONATIONS WERE THEN USED TO FUND SCHOLARSHIPS TO STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Drewlo Pres | 5 | $0 | |
Cheryl Kringle V.P. | 3 | $0 | |
Diana Gulenchyn Board | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,372 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $24 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $71,396 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $5,150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,227 |
| Other expenses | $61,175 |
| Total expenses | $67,552 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $135,301 |
| Other assets | $0 |
| Total assets | $135,301 |
| Total liabilities | $0 |
| Net assets or fund balances | $135,301 |