Martin & Fae Monger Scholarship Tuw
- Assets
- $622.3k
- Revenue
- $66.4k
- Investments
- $603.8k
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 06/2008
- Data as of
- 09/2023
- EIN
- 91-6569332
Organization Overview
Martin & Fae Monger Scholarship Tuw is located in Las Vegas, NV. The organization was established in 2008. 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. Martin & Fae Monger Scholarship Tuw 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 09/2023, Martin & Fae Monger Scholarship Tuw generated $66.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.7%) each year. All expenses for the organization totaled $45.0k during the year ending 09/2023. As we would expect to see with falling revenues, expenses have declined by (2.6%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Martin & Fae Monger Scholarship Tuw has awarded 16 individual grants totaling $113,000. 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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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $19,148 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $47,272 |
| Capital Gain Net Income | $47,272 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $66,420 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,581 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,557 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $17,047 |
| Contributions, gifts, grants paid | $28,000 |
| Total expenses and disbursements | $45,047 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $18,556 |
| 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 | $603,754 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $622,310 |
| 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, Martin & Fae Monger Scholarship Tuw has awarded $28,000 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
KYLIE BRANSON CO STUDIO BEAUTY SCHOOL PURPOSE: SCHOLARSHIP | $7,000 |
CLEO HENSLEE CO NORTHWEST LINEMAN PURPOSE: SCHOLARSHIP | $15,000 |
ROSE OWENS CO UNIVERSITY OF IDAHO PURPOSE: SCHOLARSHIP | $2,000 |
JERZIE PLUID CO COLLEGE OF IDAHO PURPOSE: SCHOLARSHIP | $2,000 |
PACEN PLUID CO BRIGHAM YOUNG UNIVERSITY PURPOSE: SCHOLARSHIP | $2,000 |