W P And Nelle Mcclure Scholarship Fund
- Assets
- $247.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Adel, IA
- Founding
- 08/1999
- Data as of
- 12/2021
- EIN
- 42-1338010
Organization Overview
W P And Nelle Mcclure Scholarship Fund is located in Adel, IA. 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. W P And Nelle Mcclure Scholarship 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 12/2021, W P And Nelle Mcclure Scholarship Fund generated $15.5k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $14.9k during the year ending 12/2021. While expenses have increased by 5.3% per year over the past 7 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
2021
Describe the Organization's Program Activity:
Part 3
AWARDED SCHOLARSHIPS TO GRADUATES OF THREE MADISON COUNTY HIGH SCHOOLS TO BE USED FOR TUITION AND BOOKS AT AN INSTITUTION OF HIGHER LEARNING, SUCH AS A COLLEGE OR UNIVERSITY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Justin Gross Director | 0 | $0 | |
Jim Van Werden Trustee | 0 | $0 | |
Kent Abrahamson Director | 0 | $0 | |
Michael Wright Director | 0 | $0 | |
Sharon Dentlinger Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $10,275 |
| Gain or Loss | $5,199 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $15,474 |
| 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 | $5,850 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $14,850 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,947 |
| Other assets | $0 |
| Total assets | $247,520 |
| Total liabilities | $0 |
| Net assets or fund balances | $247,520 |
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