Jim Kilburg Memorial Scholarship is located in Chicago, IL. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. Jim Kilburg 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 12/2022, Jim Kilburg Memorial Scholarship generated $30.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (36.0%) each year. All expenses for the organization totaled $13.8k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3
JIM KILBURG MEMORIAL SCHOLARSHIP WILL GRANT 4 SCHOLARSHIPS EACH YEAR, BEGINNING IN YEAR 2022 TO ONE MALE AND ONE FEMALE GRADUATING ATHLETE AT MAINE SOUTH HIGH SCHOOL AFTER THE SCHOOL YEAR, APRIL, 2022. THE CANDIDATES MUST DEMONSTRATE STRONG WORK ETHIC, EMPATHY, HUMILITY, COMPASSION AND SELFLESSNESS. EACH SCHOLARSHIP IS $5,000. THE OTHER TWO SCHOLARSHIPS WILL BE GRANTED TO A MALE AND FEMALE GRADUATING STUDENT AT MARY, SEAT OF WISDOM ELEMENTARY SCHOOL. EACH SCHOLARSHIP IS $1,000/
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jeff Kilburg Director | 1 | $0 | |
Laura Kilburg Director And President | 1 | $0 | |
Alyson Kilburg Director And Secretary | 1 | $0 | |
Ryan Kilburg Director And Treasurer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $30,654 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $111 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $30,765 |
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 | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $1,800 |
Other expenses | $0 |
Total expenses | $13,800 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $91,254 |
Other assets | $0 |
Total assets | $91,254 |
Total liabilities | $0 |
Net assets or fund balances | $91,254 |