Michael Mamula Scholarshp Fund Inc is located in King Of Prussia, PA. The organization was established in 2008. 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. Michael Mamula Scholarshp Fund 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 12/2023, Michael Mamula Scholarshp Fund Inc generated $6.9k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 32.1% each year . All expenses for the organization totaled $15.1k during the year ending 12/2023. While expenses have increased by 15.7% per year over the past 9 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
TO FOSTER AMATUER SPORTS COMPETITION AND TO PROVIDE SPORTS INSTRUCTION AND AWARD SCHOLARSHIPS TO CHILDREN IN ORDER TO PROMOTE EDUCATION AND SCHOLASTIC ACHIEVEMENT.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mamula President | 3 | $0 | |
Patricia Nowak Trustee | 1 | $0 | |
Nickole Jackson Officer | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $183 |
| Gain or Loss | $6,708 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $6,891 |
| 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 | $1,500 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,613 |
| Total expenses | $15,113 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,730 |
| Other assets | $0 |
| Total assets | $9,730 |
| Total liabilities | $0 |
| Net assets or fund balances | $9,730 |