Nellie Stone Johnson Scholarship is located in Saint Paul, MN. The organization was established in 2010. 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. Nellie Stone Johnson Scholarship 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 06/2023, Nellie Stone Johnson Scholarship generated $142.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 21.8% each year . All expenses for the organization totaled $102.8k during the year ending 06/2023. While expenses have increased by 27.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
AWARDED 42 SCHOLARSHIPS TO MNSCU STUDENTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Viggino Board Chair | 4 | $0 | |
Jerry Serfling Secretary | 4 | $0 | |
Margaret Carpenter Treasurer | 6 | $0 | |
Tee Mcclenty Fundraising | 4 | $0 | |
Andriel Dees Scholarship Chair | 4 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $140,428 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,556 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $141,984 |
| 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 | $9,989 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,675 |
| Other expenses | $57,643 |
| Total expenses | $102,807 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $431,993 |
| Other assets | $0 |
| Total assets | $431,993 |
| Total liabilities | $20,595 |
| Net assets or fund balances | $411,398 |