Peggy Scott Christian Educational Foundation
- Assets
- $796.7k
- Revenue
- $28.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Cordova, TN
- Founding
- Data as of
- 09/2017
- EIN
- 45-3819213
Organization Overview
Peggy Scott Christian Educational Foundation is located in Cordova, TN. Peggy Scott Christian Educational 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 09/2017, Peggy Scott Christian Educational Foundation generated $28.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 15.5% each year . All expenses for the organization totaled $33.5k during the year ending 09/2017. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2017
Describe the Organization's Mission:
Part 3 - Line 1
MISSION IS TO ASSIST IN THE FUNDRAISING AND SUPPORTING OF INDIVIDUALS INTENDING TO ENTER FIELD OF EDUCATION AND OTHER FAITH BASED ORGANIZATIONS THAT PROVIDE EDUCATIONAL SERVICES TO OTHERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
FURTHER MISSION BY ESTABLISHING SCHOLARSHIP FUND WHICH WILL ASSIST CHRISTIAN INDIVIDUALS WHO INTEND TO ENTER THE FIELD OF EDUCATION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shawn Dunn President | OfficerTrustee | 2 | $0 |
Linda Menne Treasurer | OfficerTrustee | 2 | $0 |
Heather Lipke Board | Trustee | 2 | $0 |
Catherine Addy Board | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Investment income | $18,181 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $9,783 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $27,964 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $7,520 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $33,451 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $796,745 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $796,745 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $796,745 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $796,745 |
Grants Awarded
Over the last fiscal year, Peggy Scott Christian Educational Foundation has awarded $42,300 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NICS PURPOSE: scholarship | $30,300 |
MID AMERICA SEMINARY PURPOSE: scholarship | $12,000 |
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