Civic Intelligence

Walpole Scholarship Foundation Inc.

990 • Fiscal year 2014 • EIN 04-2794495

Jan 01, 2014 to Dec 31, 2014 • Filed on Nov 02, 2015

Organization Profilewww.walpolescholarshipfoundation.org
35 Riverside PlaceWalpole, MA 02081-2818

(508) 668-9282

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

13th percentile

0.00x

Higher debt load relative to assets than 13% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Liabilities / Revenue

14th percentile

0.00x

Higher debt load relative to revenue than 14% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Net Margin

83rd percentile

27%

Higher net margin than 83% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2014

Asset Growth

60th percentile

5.1%

Faster asset growth than 60% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Revenue Growth

24th percentile

-7.9%

Faster revenue growth than 24% of similar nonprofits.

2014 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets13th percentile

Assets

Up

$3,015,953

Up $145,057 (+5.1%) from 2013

Net Assets

Up

$3,015,904

Up $145,811 (+5.1%) from 2013

Liabilities

Down

$49

Down $754 (-94%) from 2013

Revenue And Expenses
Liabilities / Revenue14th percentileNet Margin83rd percentile

Revenue

Down

$285,439

Down $24,451 (-7.9%) from 2013

Expenses

Down

$208,954

Down $2,770 (-1.3%) from 2013

Net Income

Down

$76,485

Down $21,681 (-22%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth60th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $2,072,486Liabilities 2010: $32Net Assets 2010: $2,072,4542010Assets 2011: $2,381,547Liabilities 2011: $467Net Assets 2011: $2,381,0802011Assets 2012: $2,594,061Liabilities 2012: $0Net Assets 2012: $2,594,0612012Assets 2013: $2,870,896Liabilities 2013: $803Net Assets 2013: $2,870,0932013Assets 2014: $3,015,953Liabilities 2014: $49Net Assets 2014: $3,015,9042014Assets 2015: $2,856,449Liabilities 2015: $0Net Assets 2015: $2,856,4492015Assets 2016: $3,259,923Liabilities 2016: $0Net Assets 2016: $3,259,9232016Assets 2017: $3,587,896Liabilities 2017: $10,922Net Assets 2017: $3,576,9742017Assets 2018: $3,311,130Liabilities 2018: $10,695Net Assets 2018: $3,300,4352018Assets 2019: $4,279,386Liabilities 2019: $14,000Net Assets 2019: $4,265,3862019Assets 2020: $4,401,327Liabilities 2020: $458Net Assets 2020: $4,400,8692020Assets 2021: $4,664,497Liabilities 2021: $0Net Assets 2021: $4,664,4972021Assets 2022: $3,987,385Liabilities 2022: $0Net Assets 2022: $3,987,3852022Assets 2023: $4,188,096Liabilities 2023: $0Net Assets 2023: $4,188,0962023Assets 2024: $4,437,897Liabilities 2024: $0Net Assets 2024: $4,437,8972024

Highlighted filing

2014

Assets$3,015,953
Liabilities$49
Net Assets$3,015,904
Open 2014 Filing

Operations Trend

Revenue Growth24th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $159,2452010Expenses 2011: $168,8672011Expenses 2012: $194,0352012Revenue 2013: $309,890Expenses 2013: $211,724Net Income 2013: $98,1662013Revenue 2014: $285,439Expenses 2014: $208,954Net Income 2014: $76,4852014Revenue 2015: $138,030Expenses 2015: $209,654Net Income 2015: -$71,6242015Revenue 2016: $530,879Expenses 2016: $241,508Net Income 2016: $289,3712016Revenue 2017: $90,624Expenses 2017: $232,218Net Income 2017: -$141,5942017Revenue 2018: $451,955Expenses 2018: $235,135Net Income 2018: $216,8202018Revenue 2019: $213,693Expenses 2019: $233,854Net Income 2019: -$20,1612019Revenue 2020: $1,732,782Expenses 2020: $237,936Net Income 2020: $1,494,8462020Revenue 2021: $360,858Expenses 2021: $242,718Net Income 2021: $118,1402021Revenue 2022: $228,377Expenses 2022: $255,845Net Income 2022: -$27,4682022Revenue 2023: $96,063Expenses 2023: $260,709Net Income 2023: -$164,6462023Revenue 2024: $558,436Expenses 2024: $345,568Net Income 2024: $212,8682024

Highlighted filing

2014

Revenue$285,439
Expenses$208,954
Net Income$76,485
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Nov 2, 2015
Return Version
2014v5.0
Gross Receipts
$576,250
Mission and Program Overview

Mission

The organization's mission is to aid and encourage walpole residents to obtain post secondary cultural, vocational, or professional education through residential and business mail campaigns and a fundraising event.

The organization's mission is to aid and encourage walpole residents to obtain post secondary cultural, vocational, or professional education. It seekes financial support through residential and business mail campaigns, and a golf tournament.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,596,975$2,860,909▲ $263,934
Savings and Temporary Cash Investments$273,021$155,044▼ $117,977
Accounts Receivable$900--
Total Assets$2,870,896$3,015,953▲ $145,057
Liabilities
Accounts Payable and Accrued Expenses$803$49▼ $754
Total Liabilities$803$49▼ $754
Net Assets / Fund Balance
Unrestricted Net Assets$1,911,033$2,011,102▲ $100,069
Temporarily Rstr Net Assets$685,392$726,800▲ $41,408
Permanently Rstr Net Assets$273,668$278,002▲ $4,334
Total Net Assets Fund Balance$2,870,093$3,015,904▲ $145,811
Total Liabilities and Net Assets / Fund Balance$2,870,896$3,015,953▲ $145,057

Asset Categories

AssetBook ValueDepreciationBasis
Equipment-$688$688

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2014$273,668-▲ $4,334-$278,002
2013$265,987-▲ $7,681-$273,668
2012$262,982$225▲ $2,780-$265,987
2011$54,616$207,513▲ $853-$262,982
2010$49,550$100▲ $4,966-$54,616
Compensation and Service Providers
Top Officer Pay34th percentile

Board Members and Trustees

NameTitle
Rayner CharliePresident
Burke BjTrustee
Cappelletti PatTrustee
Conradi CandyTrustee
Cox JohnTrustee
Eicher DavidTrustee
Gormley JoanneTrustee
Landon DavidTrustee
Lynch DeniseTrustee
Mailhot JoanneTrustee
Mills EileenTrustee
Smith KateTrustee
Stumpo KateTrustee
Manninen JamesAssistant Treasurer
Logan BettyFinancial Secretary
Nannicelli ThomasSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$67,903
Program Service Revenue
$0
Investment Income
$191,256
Other Revenue
$26,280
All Other Contributions
$67,903
Change in Net Assets
$76,485
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$175,000
Other Expenses$33,954
Total Fundraising Expense$15,058
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$175,000--$175,000
Fees for Service Investment Mgmnt Fees$0$12,339$0$12,339
Other Expenses$0$370$6,174$6,544
Fees for Services Accounting$0$3,800$0$3,800
All Other Expenses$0$1,424$0$1,424
Office Expenses$0$885$0$885
Advertising$0$0$760$760
Information Technology$0$0$720$720
Total Functional Expenses$175,000$18,896$15,058$208,954
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$39,300
Fundraising Direct Expenses$13,020
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament$39,300$39,300-$39,300
Total Events$39,300$39,300$17,491$21,809
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Walpole Scholarship Foundation Inc
EIN
04-2794495
Phone
5086689282
Address
35 RIVERSIDE PLACE, WALPOLE, MA 02081-2818

Signing Officer

Name
Charlie Rayner
Title
President
Phone
5086689282
Signed
2015-11-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David D Eicher
Formed
1983
Legal Domicile
Ma
Voting Board Members
16
Independent Board Members
16
Employees
0
Volunteers
30

Preparer

Firm
Thomas a Gruppioni CPA
Address
555 ELM STREET, NORTH ATTLEBOROUGH, MA 02760-3309
Preparer
Thomas a Gruppioni CPA
Phone
5086997602
Supplemental Narrative

Additional Explanations

Pt VI, Line 6

“The Board of Trustees is the governing body.”

Pt VI, Line 7A

“Board of Trustee vacancies are filled by a majority vote of the existing Board members.”

Pt VI, Line 11B

“Form 990 is available to every Board of Trustees memeber's review prior to its filing.”

Pt VI, Line 15A

“There are no paid officers or employees.”

Pt VI, Line 15B

“There are no paid officers or employees.”

Pt VI, Line 19

“Copies of the governing documents and financial statements are available to the public upon request.”

Form 990, Part IX, Line 24F

“Storage 835. 0. 835. 0. Telephone 589. 0. 589. 0.”

Financial Statement Notes

Pt V, Line 4

“The Morrisey-Ropp Scholarship Fund and The Christopher Charles Vlahos Memorial Fund are permanently restricted by the donors. Investment income is to be used in accordance with the Organization's purpose and mission.”

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IRS990/NetAssetsOrFundBalancesEOYAmt03015904
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IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt091536
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt026280
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt026280
IRS990/NetUnrlzdGainsLossesInvstAmt069326
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/FundraisingAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0885
IRS990/OfficeExpensesGrp/ProgramServicesAmt00
IRS990/OfficeExpensesGrp/TotalAmt0885
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherExpensesGrp/Desc0CREDIT CARD FEES
IRS990/OtherExpensesGrp/Desc1GOLF TOURNAMENT EXP
IRS990/OtherExpensesGrp/Desc2POSTAGE
IRS990/OtherExpensesGrp/Desc3PRINTING
IRS990/OtherExpensesGrp/FundraisingAmt01050
IRS990/OtherExpensesGrp/FundraisingAmt14471
IRS990/OtherExpensesGrp/FundraisingAmt21883
IRS990/OtherExpensesGrp/FundraisingAmt36174
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt00
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt10
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt278
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3370
IRS990/OtherExpensesGrp/ProgramServicesAmt00
IRS990/OtherExpensesGrp/ProgramServicesAmt10
IRS990/OtherExpensesGrp/ProgramServicesAmt20
IRS990/OtherExpensesGrp/ProgramServicesAmt30
IRS990/OtherExpensesGrp/TotalAmt01050
IRS990/OtherExpensesGrp/TotalAmt14471
IRS990/OtherExpensesGrp/TotalAmt21961
IRS990/OtherExpensesGrp/TotalAmt36544
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0273668
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0278002
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DAVID D EICHER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt071716
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0175000
IRS990/PYInvestmentIncomeAmt0215289
IRS990/PYOtherExpensesAmt036724
IRS990/PYOtherRevenueAmt022885
IRS990/PYRevenuesLessExpensesAmt098166
IRS990/PYTotalExpensesAmt0211724
IRS990/PYTotalRevenueAmt0309890
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt076485
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0273021
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0155044
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt067903
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt071716
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt055818
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt068836
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt043043
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0307316
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt099720
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt093750
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt098825
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt091030
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt076926
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0460251
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0244121
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.36710
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00.39210
IRS990ScheduleA/PublicSupportTotal170Amt0281749
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt025567
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt067903
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt071716
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt055818
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt068836
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt043043
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0307316
IRS990ScheduleA/TotalSupportAmt0767567
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0273668
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt0278002
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt04334
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt0265987
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0273668
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt07681
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt0262982
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0225
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt0265987
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02780
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt054616
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0207513
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt0262982
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0853
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt049550
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0100
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt054616
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt04966
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0688
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0688
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Morrisey-Ropp Scholarship Fund and The Christopher Charles Vlahos Memorial Fund are permanently restricted by the donors. Investment income is to be used in accordance with the Organization's purpose and mission.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt V, Line 4
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt017491
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF TOURNAMENT
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt01876
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt01876
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt039300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt039300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt039300
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt039300
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt021809
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt01100
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt01100
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt014515
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt014515
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0175000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0107
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The Board of Trustees award all scholarships based upon the recommendation of the Scholarship Selection Committee, an independent ad-hoc group of Walpole residents, including two Trustees, who represent all geographic sections of Walpole. The committee reviews each application and selects the recipients based upon written, established criteria.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt I Line 2
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/AssistancePurposeTxt0EDUCATIONAL
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/CashGrantAmt01500
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/PersonNm0MEHRON HOAG
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/RelationshipWithOrgTxt0PARENT IS A TRUSTEE
IRS990ScheduleL/GrntAsstBnftInterestedPrsnGrp/TypeOfAssistanceTxt0SCHOLARSHIP
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The Board of Trustees is the governing body.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Board of Trustee vacancies are filled by a majority vote of the existing Board members.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 990 is available to every Board of Trustees memeber's review prior to its filing.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3There are no paid officers or employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4There are no paid officers or employees.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5Copies of the governing documents and financial statements are available to the public upon request.

Document Assets

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Filings

Displayed year

2014 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,015,953
Liabilities
$49
Net assets
$3,015,904
Revenue
$285,439
Expenses
$208,954
Net income
$76,485
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.44$0.00$4.44$0.56$0.35$0.21
2023Detailed filing. Detailed filing data is available for this year.$4.19$0.00$4.19$0.10$0.26$0.16
2022Detailed filing. Detailed filing data is available for this year.$3.99$0.00$3.99$0.23$0.26$0.03
2021Detailed filing. Detailed filing data is available for this year.$4.66$0.00$4.66$0.36$0.24$0.12
2020Detailed filing. Detailed filing data is available for this year.$4.40$0.00$4.40$1.73$0.24$1.49
2019Detailed filing. Detailed filing data is available for this year.$4.28$0.01$4.27$0.21$0.23$0.02
2018Detailed filing. Detailed filing data is available for this year.$3.31$0.01$3.30$0.45$0.24$0.22
2017Detailed filing. Detailed filing data is available for this year.$3.59$0.01$3.58$0.09$0.23$0.14
2016Detailed filing. Detailed filing data is available for this year.$3.26$0.00$3.26$0.53$0.24$0.29
2015Detailed filing. Detailed filing data is available for this year.$2.86$0.00$2.86$0.14$0.21$0.07
2014Detailed filing. Detailed filing data is available for this year.$3.02$0.00$3.02$0.29$0.21$0.08
2013Detailed filing. Detailed filing data is available for this year.$2.87$0.00$2.87$0.31$0.21$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.59$0.00$2.59$0.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.00$2.38$0.17
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.07$0.00$2.07$0.16