Marvin E Jones Education Tr

Organization Overview

Marvin E Jones Education Tr is located in Live Oak, FL. The organization was established in 1990. 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. Marvin E Jones Education 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 12/2020, Marvin E Jones Education Tr generated $110.0k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $87.7k during the year ending 12/2020. While expenses have increased by 2.9% per year over the past 6 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE SCHOLARSHIPS FOR COLLEGE STUDENTS FROM SUWANNEE COUNTY FLORIDA AND AWARDS TO DAY CARE AND SUMMER YOUTH PROGRAMS OF ADVENT CHRISTIAN VILLAGE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS TOTALING $48,250 WERE PAID TO COLLEGE STUDENTS IN 2020. AN ADDITIONAL 10,000 EACH WAS CONTRIBUTED TO THE DAY CARE AND SUMMER CAMP PROGRAM OF THE ADVENT CHRISTIAN VILLAGE.


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Board, Officers & Key Employees

Name (title)Compensation
Thomas Kennon
Trustee
$0
Randy Lamb
Trustee
$0
Jim Schenck
Trustee
$0
Craig Carter
Trustee
$0
Robert Jones
Trustee
$0
Michael Jones
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $38,510
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $71,509
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $110,019

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