Inland Northwest Car Club- Scholarship Fund
- Assets
- $256.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newman Lake, WA
- Founding
- 08/1994
- Data as of
- 12/2022
- EIN
- 91-1627980
Organization Overview
Inland Northwest Car Club- Scholarship Fund is located in Newman Lake, WA. The organization was established in 1994. 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. Inland Northwest Car Club- 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, Inland Northwest Car Club- Scholarship Fund generated $26.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $27.3k 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
SCHOLARSHIP PROGRAM DISBURSED 15 AWARDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cory Hayes President | 0.5 | $0 | |
Sally Peterson Secretary | 0.5 | $0 | |
Susan Freund Treasurer | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,208 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $12,110 |
| Gain or Loss | -$1,611 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $26,707 |
| 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 | $925 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $380 |
| Other expenses | $3,461 |
| Total expenses | $27,266 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $256,942 |
| Other assets | $0 |
| Total assets | $256,942 |
| Total liabilities | $0 |
| Net assets or fund balances | $256,942 |