Lillie Murray Sawyer Scholarship Fund Of Mount Airy Baptist Church
- Assets
- $522.9k
- Revenue
- $57.0k
- Investments
- $474.3k
- Employees
- 0
- Location
- Landover, MD
- Founding
- 04/1994
- Data as of
- 12/2021
- EIN
- 52-1794412
Organization Overview
Lillie Murray Sawyer Scholarship Fund Of Mount Airy Baptist Church is located in Landover, MD. The organization was established in 1994. 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. Lillie Murray Sawyer Scholarship Fund Of Mount Airy Baptist Church 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, Lillie Murray Sawyer Scholarship Fund Of Mount Airy Baptist Church generated $57.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 58.9% each year . All expenses for the organization totaled $24.9k during the year ending 12/2021. While expenses have increased by 9.6% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Waller Preston Trustee | 1 | $500 | |
Terry Nixon Member | 1 | $500 | |
Plugenia Smith Robinson Trustee | 1 | $500 | |
Ida Wright Treasurer | 1 | $500 | |
Phyllis J Mayo President | 1 | $500 | |
Ramona Oliver Member | 1 | $500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $2 |
| Dividends & Interest | $12,813 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $44,231 |
| Capital Gain Net Income | $44,231 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $57,046 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $3,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,944 |
| Total operating and administrative expenses | $4,944 |
| Contributions, gifts, grants paid | $20,000 |
| Total expenses and disbursements | $24,944 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $48,607 |
| Savings and temporary cash investments | $0 |
| 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 | $522,890 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Lillie Murray Sawyer Scholarship Fund Of Mount Airy Baptist Church has awarded $20,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
DANIELLE GARRIS PURPOSE: SCHOLARSHIP | $9,500 |
DAVID SLEDGE PURPOSE: SCHOLARSHIP | $7,000 |
KENNETH ROBINSON PURPOSE: SCHOLARSHIP | $3,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
East Side Charter School Of Wilmington Inc Wilmington, DE | $9,042,787 | $7,810,738 |
National Association Of Student Financial Aid Administrators Washington, DC | $22,189,727 | $10,008,615 |
Cobell Board Of Trustees Washington, DC | $177,171,131 | $17,842,265 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Lola G Duff & William Duff Ii Scholarship Fund Pittsburgh, PA | $108,136,539 | $9,727,539 |
Independence Foundation Philadelphia, PA | $78,719,217 | $2,815,934 |
Maryland Philanthropy Network Inc Baltimore, MD | $5,808,264 | $5,920,100 |
Student Freedom Initiative Inc Washington, DC | $132,770,538 | $15,285,825 |
Meor Inc Silver Spring, MD | $283,304 | $5,067,456 |
Henrico Education Foundation Incorporated Henrico, VA | $1,910,582 | $5,313,927 |
Access College Foundation Norfolk, VA | $62,526,055 | $4,039,611 |
Addison Gibson Foundation Pittsburgh, PA | $46,529,076 | $11,633,912 |