Missionsquare Retirement Memorial Scholarship Fund
- Assets
- $147.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Washington, DC
- Founding
- 02/2001
- Data as of
- 12/2023
- EIN
- 52-2281478
Organization Overview
Missionsquare Retirement Memorial Scholarship Fund is located in Washington, DC. The organization was established in 2001. 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. Missionsquare Retirement Memorial Scholarship 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 12/2023, Missionsquare Retirement Memorial Scholarship Fund generated $70.2k 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 (4.0%) each year. All expenses for the organization totaled $101.5k during the year ending 12/2023. 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
THE FUND'S BOARD OF DIRECTORS MANAGES AND OVERSEES THE ELIGIBILITY AND AWARD SELECTION PROCESS. IN 2023, ALL SCHOLARSHIP AWARDS WERE ADMINISTERED IN CONJUNCTION WITH THE FOLLOWING PUBLIC CHARITIES: SCHOLARSHIP AMERICA, NATIONAL FALLEN FIREFIGHTERS FOUNDATION (NFFF), AND THE CONCERNS OF POLICE SURVIVORS (COPS). DURING THE YEAR, THE FUND PROVIDED $6,000, $38,000, AND $30,696, RESPECTIVELY, TO THESE ORGANIZATIONS TO FUND SCHOLARSHIPS FOR 37 INDIVIDUAL RECIPIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rickey Childers Director | 1 | $0 | |
Eric Mckissack Chair | 1 | $0 | |
J Thomas Lundy Director | 1 | $0 | |
Lynne Ford President (until 4/24/2023) | 1 | $0 | |
Deanna Santana President (as Of 4/25/2023) | 1 | $0 | |
Dai Shi Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $70,089 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $151 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,240 |
| 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 | $23,021 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,754 |
| Total expenses | $101,471 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $119,767 |
| Other assets | $0 |
| Total assets | $147,428 |
| Total liabilities | $7,646 |
| Net assets or fund balances | $139,782 |