Santa Clarita Valley Scholarship Foundation Inc is located in Valencia, CA. The organization was established in 1977. 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. Santa Clarita Valley Scholarship Foundation Inc 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 06/2023, Santa Clarita Valley Scholarship Foundation Inc generated $99.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $91.1k during the year ending 06/2023. While expenses have increased by 3.7% 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
2023
Describe the Organization's Program Activity:
Part 3
FOR THE SCHOOL YEAR ENDING JUN 30, 2022, A TOTAL OF 97 SCHOLARSHIP AWARDS TOTALING 96,995 WERE ISSUED/APPROVED TO STUDENTS AS A RESULT OF AN APPLICATION AND EVALUATION PROCESS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Rock President | 3 | $0 | |
Alison Ferrante Treasurer | 3 | $0 | |
Lynn Stafford Secretary | 3 | $0 | |
Ginny Gregor Awards Amini | 3 | $0 | |
Janet Mcanany Sr Sponsor A | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $98,784 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,163 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $99,947 |
| 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 | $809 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $798 |
| Other expenses | $2,201 |
| Total expenses | $91,061 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $215,190 |
| Other assets | $0 |
| Total assets | $215,190 |
| Total liabilities | $0 |
| Net assets or fund balances | $215,190 |