La Sertoma International Scholarship & Memorial Fund
- Assets
- $287.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lanexa, VA
- Founding
- 02/1963
- Data as of
- 07/2023
- EIN
- 44-0027022
Organization Overview
La Sertoma International Scholarship & Memorial Fund is located in Lanexa, VA. The organization was established in 1963. 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. LA Sertoma International Scholarship & Memorial 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 07/2023, LA Sertoma International Scholarship & Memorial Fund generated $21.8k 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 (5.2%) each year. All expenses for the organization totaled $15.1k during the year ending 07/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
AWARDED 13 SCHOLARSHIPS TOTALING $15,050
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terri Hobby International President | 8 | $845 | |
Tracey Lamb Chairman Of The Board | 3 | $75 | |
Amy Pearson Secretary-Treasurer | 5 | $200 | |
Helen Williston Second Vice President | 3 | $75 | |
Tammy Craeymeersch Scholarship And Memorial Chair | 5 | $75 | |
Deborah Ravestein Vice President | 3 | $75 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,754 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $21,754 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $15,050 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $287,773 |
| Other assets | $0 |
| Total assets | $287,773 |
| Total liabilities | $0 |
| Net assets or fund balances | $287,773 |