Medical Education Scholarship Aid
- Assets
- $8.3k
- Revenue
- $20.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Mercer Island, WA
- Founding
- 08/1990
- Data as of
- 12/2023
- EIN
- 91-1471174
Organization Overview
Medical Education Scholarship Aid is located in Mercer Island, WA. The organization was established in 1990. 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. Medical Education Scholarship Aid 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, Medical Education Scholarship Aid generated $20.3k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 18.6% each year . All expenses for the organization totaled $72.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Medical Education Scholarship Aid has awarded 36 individual grants totaling $121,242. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEGARDS SCHLORSHIP, COLOMBIA
RODRIQUEZ SCHOLORSHIP, SEATTLE WA
CENTRO FE Y ALAGRIM ORPHANAGE, COLOMBIA
VISHAL HIMALAYA FOUNDATION
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $312 |
| Dividends & Interest | $21,324 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1 |
| Capital Gain Net Income | $1 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | -$1,354 |
| Total Revenue | $20,283 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $317 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $35 |
| Total operating and administrative expenses | $2,347 |
| Contributions, gifts, grants paid | $69,745 |
| Total expenses and disbursements | $72,092 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,321 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,321 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Medical Education Scholarship Aid has awarded $69,745 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
DONNA LEGARDA - SCHOLARSHIP PURPOSE: CHARITABLE CONTRIBUTION. | $12,125 |
ELIZABETH GREGORY HOME FO PURPOSE: CHARITABLE CONTRIBUTION | $500 |
MERCER ISLAND YOUTH & FAMILY SERVIC PURPOSE: CHARITABLE CONTRIBUTION. | $500 |
MICHIGAN ROTARY PURPOSE: CHARITABLE CONTRIBUTION | $2,000 |
SAFE PASSAGE SCHOOL PURPOSE: CHARITABLE CONTRIBUTION. | $1,000 |
SALVATION ARMY PURPOSE: CHARITABLE CONTRIBUTION | $500 |