Seth Stapleton Memorial Fund Inc is located in Madison, GA. The organization was established in 2017. 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. Seth Stapleton Memorial 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, Seth Stapleton Memorial Fund Inc generated $61.6k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $79.5k 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
SETH LOVED OUTDOORS AND THE FOUNDER STARTED A SKEET SHOOT THAT COLLECTED $61561.78 IN 2023
| Name (title) | Role | Hours | Compensation | 
|---|---|---|---|
Andrew Ray Stapleton CEO  | 5 | $0 | |
Angela R Stapleton Secretary  | 5 | $0 | |
Floyd R Stapleton CFO  | 15 | $0 | 
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $61,562 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $61,562 | 
| 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 | $8,244 | 
| Occupancy, rent, utilities, and maintenance | $19,888 | 
| Printing, publications, postage, and shipping | $2,027 | 
| Other expenses | $357 | 
| Total expenses | $79,516 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,353 | 
| Other assets | $0 | 
| Total assets | $11,853 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $11,853 |