Maison Zachariah Memorial Scholarship Fund Corp
- Assets
- $22.1k
- Revenue
- $16.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Howell, MI
- Founding
- 02/2017
- Data as of
- 04/2024
- EIN
- 81-5004178
Organization Overview
Maison Zachariah Memorial Scholarship Fund Corp is located in Howell, MI. 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. Maison Zachariah Memorial Scholarship Fund Corp 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, Maison Zachariah Memorial Scholarship Fund Corp generated $16.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.7% each year. All expenses for the organization totaled $16.3k during the year ending 04/2024. While expenses have increased by 0.5% per year over the past 8 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMORIAL SCHOLARSHIP FOR STUDENTS ATTENDING FOWLERVILLE HIGH SCHOOL.
PROVIDE COMMUNITY SUPPORT TO OTHER CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maylene Turnbo President | 0 | $0 | |
Kristina Walton Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16,155 |
| Total Revenue | $16,155 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $20 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,799 |
| Total operating and administrative expenses | $14,344 |
| Contributions, gifts, grants paid | $2,000 |
| Total expenses and disbursements | $16,344 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,114 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $22,114 |
| 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, Maison Zachariah Memorial Scholarship Fund Corp has awarded $2,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NATALIE LOOMIS PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,000 |
KATIE TAIT PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,000 |