California Automatic Vendors Council Scholarship Foundation is located in Anaheim, CA. 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. California Automatic Vendors Council Scholarship Foundation 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, California Automatic Vendors Council Scholarship Foundation generated $45.0k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 19.7% each year . All expenses for the organization totaled $11.8k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THE SCHOLARSHIP FOUNDATION HOSTS AN ANNUAL GOLF TOURNAMENT TO RAISE FUNDS FOR THE FOUNDATION. THE TOURNAMENT IS SUPPORTED BY MEMBERS OF THE ASSOCIATION. IN 2023 THE FOUNDATION AWARDED FOUR $2,500 SCHOLARSHIPS TO STUDENTS SPONSORED BY MEMBER COMPANIES TO BE USED FOR COLLEGE AND GRADUATE SCHOOL.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gregory Bell Director/treasurer | 0.25 | $0 | |
Larry Atnip Director/president | 0.5 | $0 | |
David Baker Director/vice President | 0.25 | $0 | |
Rawn Wanamaker Director/secretary | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,434 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,440 |
| Gain or Loss | $8,462 |
| Net Income from Gaming & Fundraising | $8,680 |
| Other Revenue | $0 |
| Total Revenue | $45,016 |
| 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 | $1,750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50 |
| Total expenses | $11,800 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $270,099 |
| Other assets | $0 |
| Total assets | $270,099 |
| Total liabilities | $2,500 |
| Net assets or fund balances | $267,599 |