Usw 12-591 Fallen Workers Memorial Scholarship
- Assets
- $1.0m
- Revenue
- $102.2k
- Investments
- $998.0k
- Employees
- 0
- Location
- Mount Vernon, WA
- Founding
- 02/2001
- Data as of
- 06/2023
- EIN
- 91-1986402
Organization Overview
Usw 12-591 Fallen Workers Memorial Scholarship is located in Mount Vernon, WA. The organization was established in 2001. 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. Usw 12-591 Fallen Workers 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 06/2023, Usw 12-591 Fallen Workers Memorial Scholarship generated $102.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $86.1k during the year ending 06/2023. While expenses have increased by 4.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Usw 12-591 Fallen Workers Memorial Scholarship has awarded 40 individual grants totaling $1,038,100. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Campbell President | 5 | $0 | |
Erwin Rommel Treasurer | 5 | $0 | |
Jason Micheals Vice Preside | 5 | $0 | |
Tessa V Gehardt Secretary | 5 | $0 | |
Juan Soto Director | 1 | $0 | |
Marrio Thomas Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $5,482 |
| Dividends & Interest | $22,946 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $73,449 |
| Capital Gain Net Income | $73,449 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $346 |
| Total Revenue | $102,223 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,272 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,600 |
| Total operating and administrative expenses | $21,130 |
| Contributions, gifts, grants paid | $65,000 |
| Total expenses and disbursements | $86,130 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,253 |
| 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 | $1,005,297 |
| 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 | $67,000 |
| Total liabilities | $67,000 |
Grants Awarded
Over the last fiscal year, Usw 12-591 Fallen Workers Memorial Scholarship has awarded $130,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
GRANTS PAID PURPOSE: EDUCATIONAL GRANTS | $21,000 |
SCHOLARSHIPS PAID PURPOSE: EDUCATIONAL SCHOLARSHIPS | $44,000 |
GRANTS AWARDED PURPOSE: EDUCATIONAL GRANTS | $39,000 |
SCHOLARSHIPS AWARDED PURPOSE: EDUCATIONAL SCHOLARSHIPS | $28,000 |
SCHOLARSHIPS FORFEITED PURPOSE: FORFEITED SCHOLARSHIP | -$2,000 |