Monette E Clarke Memorial Scholarship Fund is located in La Verne, CA. Monette E Clarke Memorial Scholarship Fund 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, Monette E Clarke Memorial Scholarship Fund generated $44.7k in total revenue. All expenses for the organization totaled $57.0k during the year ending 12/2022.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
A MEMORIAL FUND/ SCHOLARSHIP FUND SET UP IN MEMORY OF MONETTE CLARKE. THE FUNDS DONATED OR RAISED WILL BE DONATED TO MISSIONARIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michelle Clarke President & CEO | 5 | $0 | |
Amanda Clarke Secretary | 10 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $44,686 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $44,686 |
| 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 | $716 |
| Occupancy, rent, utilities, and maintenance | $46,105 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,570 |
| Total expenses | $57,035 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Total liabilities | $9,333 |
| Net assets or fund balances | -$9,333 |