Micki Rainey Scholarship Fund Inc
- Assets
- $723.3k
- Revenue
- $56.4k
- Investments
- $697.4k
- Employees
- 0
- Location
- Danville, CA
- Founding
- 09/1991
- Data as of
- 04/2024
- EIN
- 68-0097366
Organization Overview
Micki Rainey Scholarship Fund Inc is located in Danville, CA. The organization was established in 1991. According to its NTEE Classification (O40) the organization is classified as: Scouting, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Micki Rainey Scholarship 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 04/2024, Micki Rainey Scholarship Fund Inc generated $56.4k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $47.2k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Micki Rainey Scholarship Fund Inc has awarded 76 individual grants totaling $360,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brad Bargmann Director | 0.1 | $0 | |
David Livingston President | 0.1 | $0 | |
Larry Ard Director | 0.1 | $0 | |
Lucky Chestnut Dsa President | 0.1 | $0 | |
Mary Forney Director | 0.1 | $0 | |
Michael Casten Director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $21,243 |
| Interest on Savings | $2,945 |
| Dividends & Interest | $19,734 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $12,450 |
| Capital Gain Net Income | $12,450 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $56,372 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $75 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $211 |
| Total operating and administrative expenses | $2,176 |
| Contributions, gifts, grants paid | $45,000 |
| Total expenses and disbursements | $47,176 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4 |
| Savings and temporary cash investments | $25,893 |
| 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 | $60,000 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $723,261 |
| 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, Micki Rainey Scholarship Fund Inc has awarded $45,000 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
LILY CRISWELL PURPOSE: SCHOLARSHIP | $5,000 |
JADA HALEY PURPOSE: SCHOLARSHIP | $5,000 |
AMANDA MUSE PURPOSE: SCHOLARSHIP | $5,000 |
MASON OAKLEY PURPOSE: SCHOLARSHIPSCHOLARSHIP | $5,000 |
SMRITI POUDYAL PURPOSE: SCHOLARSHIP | $5,000 |
ETHAN REED PURPOSE: SCHOLORSHIP | $5,000 |