Orion Military Scholarship Fund Inc
- Assets
- $219.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Jameston, RI
- Founding
- Data as of
- 06/2023
- EIN
- 83-3980052
Organization Overview
Orion Military Scholarship Fund Inc is located in Jameston, RI. 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. Orion Military 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 06/2023, Orion Military Scholarship Fund Inc generated $93.2k 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 (6.1%) each year. All expenses for the organization totaled $81.3k during the year ending 06/2023. 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
BY BRINGING TOGETHER ORION'S THREE CONSTITUENCIES -- DESERVING MILITARY STUDENTS, SELECT SCHOOLS, AND VISIONARY SUPPORTERS -- WE SERVE THREE IMPORTANT PURPOSES:TO FACILITATE QUALITY, UNINTERRUPTED EDUCATIONAL OPPORTUNITIES FOR DESERVING MILITARY FAMILIES.TO ENRICH PRIVATE SCHOOL COMMUNITIES WITH TALENTED STUDENTS FROM DIVERSE MILITARY BACKGROUNDS.TO FULFILL OUR SUPPORTERS' DESIRE TO HONOR MILITARY FAMILIES WHO LEAD LIVES OF SERVICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Molinari Secretary | 13.5 | $0 | |
Francis Molinari Treasurer | 3.5 | $0 | |
Chuck Jones Board Chair | 0 | $0 | |
Eric Peterson President | 3.5 | $0 | |
Krista Peterson VP Of Education | 3.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $59,704 |
| Total Program Service Revenue | $0 |
| Membership dues | $33,500 |
| Investment income | $9 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $93,213 |
| 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 | $2,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $48 |
| Other expenses | $29,715 |
| Total expenses | $81,263 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $219,048 |
| Other assets | $0 |
| Total assets | $219,048 |
| Total liabilities | $0 |
| Net assets or fund balances | $219,048 |