Pound The Rock Memorial Scholarship
- Assets
- $71.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chisago City, MN
- Founding
- 09/2019
- Data as of
- 12/2023
- EIN
- 84-2887941
Organization Overview
Pound The Rock Memorial Scholarship is located in Chisago City, MN. The organization was established in 2019. 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. Pound The Rock Memorial 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 12/2023, Pound The Rock Memorial Scholarship generated $8.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (17.9%) each year.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
ADVANCE EDUCATION AND COMBAT COMMUNITY DETERIORATION AND JUVENILE DELINQUENCY BY PROVIDING ANNUAL SCHOLARSHIP TO QUALIFIED INDIVIDUALS FROM LOCAL HIGH SCHOOLS WHO PROVIDE SERVICE, YOUTH MENTORSHIP, AND LEADERSHIP IN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin Pitlik President/ceo | 1 | $0 | |
Karen Peterson Director | 1 | $0 | |
Michael Peterson Director | 1 | $0 | |
Mariah Stoeckman Director | 1 | $0 | |
Jonathon Peterson Director | 1 | $0 | |
Curtis Peterson Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,597 |
| 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 | $8,597 |
| 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 | $1,988 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $524 |
| Total expenses | $7,762 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $71,028 |
| Other assets | $0 |
| Total assets | $71,028 |
| Total liabilities | $0 |
| Net assets or fund balances | $71,028 |