Scio District 95-C Scholarships Inc
- Assets
- $400.1k
- Revenue
- $37.5k
- Investments
- $350.6k
- Employees
- 0
- Location
- Scio, OR
- Founding
- 03/1997
- Data as of
- 06/2023
- EIN
- 93-1091492
Organization Overview
Scio District 95-C Scholarships Inc is located in Scio, OR. The organization was established in 1997. 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. Scio District 95-C Scholarships Inc 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, Scio District 95-C Scholarships Inc generated $37.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.1%) each year. All expenses for the organization totaled $31.3k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Scio District 95-C Scholarships Inc has awarded 61 individual grants totaling $128,382. 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
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Tempel President | 1 | $0 | |
Jack Lowers Secretary | 1 | $0 | |
Ida Ruby Treasurer | 1 | $0 | |
Patty Ambrust Director | 0 | $0 | |
Steve Martinelli Director | 1 | $0 | |
Kyle Braa Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $4,400 |
| Interest on Savings | $47 |
| Dividends & Interest | $20,701 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$707 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,038 |
| Total Revenue | $37,479 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $591 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $251 |
| Total operating and administrative expenses | $11,794 |
| Contributions, gifts, grants paid | $19,500 |
| Total expenses and disbursements | $31,294 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $15,102 |
| Savings and temporary cash investments | $34,437 |
| 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 | $400,136 |
| 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, Scio District 95-C Scholarships Inc has awarded $19,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
KAITLYN SCHUMACHER PURPOSE: EDUCATION | $2,000 |
KASSIDY SCHUMACHER PURPOSE: EDUCATION | $3,000 |
RAY BENNETT PURPOSE: EDUCATION | $2,000 |
LANEY CORDLE PURPOSE: EDUCATION | $2,000 |
REID OTTO PURPOSE: EDUCATION | $1,500 |
KYLE GOURLIE PURPOSE: EDUCATION | $2,000 |