Stma Scholarship Foundation
- Assets
- $79.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Albertville, MN
- Founding
- 04/2018
- Data as of
- 12/2021
- EIN
- 82-4501094
Organization Overview
Stma Scholarship Foundation is located in Albertville, MN. The organization was established in 2018. 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. Stma Scholarship Foundation 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 12/2021, Stma Scholarship Foundation generated $33.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (26.6%) each year. All expenses for the organization totaled $32.5k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
STMA SCHOLARSHIP FOUNDATION IS FOR PROVIDING EDUCATIONAL SCHOLARSHIPS TO STUDENTS AGES 18 AND YOUNGER OF ST. MICHAEL-ALBERTVILLE SCHOOL DISTRICT, ISD 885.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Ann-Marie Foucault President | 0 | $0 | |
Daniel Miller Vice Preside | 0 | $0 | |
Kaitlin Lanners Secretary | 0 | $0 | |
Tony Lee Treasurer | 0 | $0 | |
Derek Brant Director | 0 | $0 | |
Angela Narducci Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,752 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $878 |
| Gain or Loss | $1,414 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $33,044 |
| 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 | $625 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $31,875 |
| Total expenses | $32,500 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $79,372 |
| Other assets | $0 |
| Total assets | $79,372 |
| Total liabilities | $0 |
| Net assets or fund balances | $79,372 |