Anglers Yacht Club Inc Scholarship Tr
- Assets
- $291.1k
- Revenue
- $7.3k
- Investments
- $250.6k
- Employees
- 0
- Location
- New Smyrna Beach, FL
- Founding
- 06/2012
- Data as of
- 12/2023
- EIN
- 45-6451915
Organization Overview
Anglers Yacht Club Inc Scholarship Tr is located in New Smyrna Beach, FL. The organization was established in 2012. 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. Anglers Yacht Club Inc Scholarship Tr 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 12/2023, Anglers Yacht Club Inc Scholarship Tr generated $7.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.6%) each year. All expenses for the organization totaled $28.3k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Anglers Yacht Club Inc Scholarship Tr has awarded 77 individual grants totaling $397,079. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDING COLLEGE SCHOLARSHIPS TO ELIGIBLE STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Arden Kelley Trustee | 1 | $0 | |
James Grummer Trustee | 1 | $0 | |
Charles Sigler Trustee | 1 | $0 | |
Jamie Calkins Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $8,450 |
| Interest on Savings | $3 |
| Dividends & Interest | $8,665 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$9,825 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,293 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $112 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $4,777 |
| Contributions, gifts, grants paid | $23,538 |
| Total expenses and disbursements | $28,315 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,387 |
| Savings and temporary cash investments | $24,173 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $291,135 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $17,500 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $17,500 |
Grants Awarded
Over the last fiscal year, Anglers Yacht Club Inc Scholarship Tr has awarded $40,038 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ASHLYNN SMITH PURPOSE: QUALIFIED EDUCATION EXPENSES | $2,577 |
KAYLEE BAKER PURPOSE: QUALIFIED EDUCATION EXPENSES | $3,507 |
TIMIA MERRICK PURPOSE: QUALIFIED EDUCATION EXPENSES | $8,954 |
RACHEL WANG PURPOSE: QUALIFIED EDUCATION EXPENSE | $5,000 |
ALIZE CAROOT PURPOSE: QUALIFIED EDUCATION EXPENSE | $2,500 |
RACHEL WANG PURPOSE: QUALIFIED EDUCATION EXPENSES | $5,000 |