Civic Intelligence

Marathon Community Scholarship Foundation

990EZ • Fiscal year 2022 • EIN 20-0091303

Jul 01, 2021 to Jun 30, 2022 • Filed on Nov 22, 2022

Organization ProfileWWW.MARATHONSCHOLARSHIPFOUNDATION.ORG
PO Box 1Marathon, NY 13803

(607) 849-6382

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2022

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2022

Net Margin

44th percentile

3.6%

Higher net margin than 44% of similar nonprofits.

2022 filings • NTEE B82 • <$500k nonprofits • Source year 2022

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

2022 filings • NTEE B82 • <$500k nonprofits • Source year 2022

Asset Growth

56th percentile

0.7%

Faster asset growth than 56% of similar nonprofits.

2022 filings • NTEE B82 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

75th percentile

60%

Faster revenue growth than 75% of similar nonprofits.

2022 filings • NTEE B82 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Up

$50,817

Up $339 (+0.7%) from 2021

Net Assets

Up

$50,817

Up $339 (+0.7%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin44th percentile

Revenue

Up

$9,546

Up $3,562 (+60%) from 2021

Expenses

Up

$9,207

Up $5,226 (+131%) from 2021

Net Income

Down

$339

Down $1,664 (-83%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth56th percentile

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

$60K$40K$20K$0Assets 2012: $33,344Liabilities 2012: $02012Assets 2013: $36,280Liabilities 2013: $02013Assets 2014: $38,370Liabilities 2014: $0Net Assets 2014: $38,3702014Assets 2015: $41,169Liabilities 2015: $0Net Assets 2015: $41,1692015Assets 2016: $40,666Liabilities 2016: $02016Assets 2017: $44,648Liabilities 2017: $02017Assets 2018: $42,640Liabilities 2018: $02018Assets 2019: $46,069Liabilities 2019: $02019Assets 2020: $48,499Net Assets 2020: $48,4992020Assets 2021: $50,478Net Assets 2021: $50,4782021Assets 2022: $50,817Net Assets 2022: $50,8172022Assets 2023: $57,328Net Assets 2023: $57,3282023Assets 2024: $58,711Liabilities 2024: $02024

Highlighted filing

2022

Assets$50,817
Liabilities-
Net Assets$50,817
Open 2022 Filing

Operations Trend

Revenue Growth75th percentile

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

$15K$10K$5.0K$0-$5.0KRevenue 2012: $7,208Expenses 2012: $5,394Net Income 2012: $1,8142012Revenue 2013: $8,288Expenses 2013: $5,352Net Income 2013: $2,9362013Revenue 2014: $5,762Expenses 2014: $3,672Net Income 2014: $2,0902014Revenue 2015: $12,960Expenses 2015: $10,161Net Income 2015: $2,7992015Revenue 2016: $3,873Expenses 2016: $4,376Net Income 2016: -$5032016Revenue 2017: $7,590Expenses 2017: $3,608Net Income 2017: $3,9822017Revenue 2018: $7,807Expenses 2018: $9,815Net Income 2018: -$2,0082018Revenue 2019: $7,410Expenses 2019: $3,981Net Income 2019: $3,4292019Revenue 2020: $7,744Expenses 2020: $4,808Net Income 2020: $2,9362020Revenue 2021: $5,984Expenses 2021: $3,981Net Income 2021: $2,0032021Revenue 2022: $9,546Expenses 2022: $9,207Net Income 2022: $3392022Revenue 2023: $12,893Expenses 2023: $6,382Net Income 2023: $6,5112023Revenue 2024: $8,337Expenses 2024: $6,954Net Income 2024: $1,3832024

Highlighted filing

2022

Revenue$9,546
Expenses$9,207
Net Income$339
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Nov 22, 2022
Return Version
2021v4.0
Gross Receipts
$9,546
Mission and Program Overview

Mission

Subsidize existing high school graduation awards and provide an additional $2500 scholarship to a student pursuing higher education.

The marathon community scholarship foundation was started in 2004 with a mission of enhancing future educational possibilities for marathon students. Thanks to a subsidy from the foundation, the minimum commencement award today is 85 for the family of awards that rely on interest from endowments set up in the past. In addition, beginning with graduation, 2010, the foundation took a leap of faith in our future, starting a separate competitive 2,500 scholarship for a student needing financial aid for further education.

Program Services

DescriptionGrantsExpenses
COMMUNITY SCHOLARSHIP AWARDS FOR POST-SECONDARY EDUCATION FOR QUALIFIED MARATHON CENTRAL SCHOOL GRADUATES.$5,150$5,150
ENHANCE MARATHON CENTRAL HIGH SCHOOL GRADUATION AWARDS TO 85 WHOSE ENDOWMENTS DO NOT GENERATE ENOUGH INTEREST INCOME TO REACH THAT LEVEL OF AWARD.$2,226$2,226
Compensation and Service Providers
Top Officer Pay95th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DANIELLE BROWNPresident-$0--
KATHY MATSONSecretary-$0--
MICHELLE CAUGHEYTreasurer-$0--
Filing and Contact Details

Filer

Filer Name
Marathon Community Scholarship
EIN
20-0091303
Phone
6078496382
Address
PO BOX 1, MARATHON, NY 13803

Signing Officer

Name
Michelle Caughey
Title
Treasurer
Phone
6078496382
Signed
2022-11-22
Discuss with paid preparer
Yes

Preparer

Firm
Equus Business Advisors LLC
Address
17-29 MAIN ST STE 411, CORTLAND, NY 13045
Preparer
Peter Vanderwoude CPA
Phone
6077565691
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“CASH CONTRIBUTION: 5,150”

Form 990-ez, Part I, Line 16

“Expenses insurance 300 total 300”

Form 990-ez, Part I, Line 20

“Change for cumulative adjustment to prior years 0”

Form 990-ez, Part III

“The marathon community scholarship foundation was started in 2004 with a mission of enhancing future educational possibilities for marathon students. Thanks to a subsidy from the foundation, the minimum commencement award today is 85 for the family of awards that rely on interest from endowments set up in the past. In addition, beginning with graduation, 2010, the foundation took a leap of faith in our future, starting a separate competitive 2,500 scholarship for a student needing financial aid for further education.”

Raw XML Appendix160 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/PrimaryExemptPurposeTxt0THE MARATHON COMMUNITY SCHOLARSHIP FOUNDATION WAS STARTED IN 2004 WITH A MISSION OF ENHANCING FUTURE EDUCATIONAL POSSIBILITIES FOR MARATHON STUDENTS. THANKS TO A SUBSIDY FROM THE FOUNDATION, THE MINIMUM COMMENCEMENT AWARD TODAY IS 85 FOR THE FAMILY OF AWARDS THAT RELY ON INTEREST FROM ENDOWMENTS SET UP IN THE PAST. IN ADDITION, BEGINNING WITH GRADUATION, 2010, THE FOUNDATION TOOK A LEAP OF FAITH IN OUR FUTURE, STARTING A SEPARATE COMPETITIVE 2,500 SCHOLARSHIP FOR A STUDENT NEEDING FINANCIAL AID FOR FURTHER EDUCATION.
IRS990EZ/PrintingPublicationsPostageAmt01206
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0COMMUNITY SCHOLARSHIP AWARDS FOR POST-SECONDARY EDUCATION FOR QUALIFIED MARATHON CENTRAL SCHOOL GRADUATES.
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IRS990EZ/ProhibitedTaxShelterTransInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
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IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
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IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt09271
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt042675
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CASH CONTRIBUTION: 5,150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES INSURANCE 300 TOTAL 300
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CHANGE FOR CUMULATIVE ADJUSTMENT TO PRIOR YEARS 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MARATHON COMMUNITY SCHOLARSHIP FOUNDATION WAS STARTED IN 2004 WITH A MISSION OF ENHANCING FUTURE EDUCATIONAL POSSIBILITIES FOR MARATHON STUDENTS. THANKS TO A SUBSIDY FROM THE FOUNDATION, THE MINIMUM COMMENCEMENT AWARD TODAY IS 85 FOR THE FAMILY OF AWARDS THAT RELY ON INTEREST FROM ENDOWMENTS SET UP IN THE PAST. IN ADDITION, BEGINNING WITH GRADUATION, 2010, THE FOUNDATION TOOK A LEAP OF FAITH IN OUR FUTURE, STARTING A SEPARATE COMPETITIVE 2,500 SCHOLARSHIP FOR A STUDENT NEEDING FINANCIAL AID FOR FURTHER EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0MICHELLE CAUGHEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum06078496382
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-11-22
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ReturnHeader/Filer/BusinessNameControlTxt0MARA
ReturnHeader/Filer/EIN0200091303
ReturnHeader/Filer/PhoneNum06078496382
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt017-29 MAIN ST STE 411
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CORTLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd013045
ReturnHeader/PreparerPersonGrp/PhoneNum06077565691
ReturnHeader/PreparerPersonGrp/PreparationDt02022-11-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER VANDERWOUDE CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02022-11-23T15:57:52-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MICHELLE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0CAUGHEY
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$50,817
Liabilities
-
Net assets
$50,817
Revenue
$9,546
Expenses
$9,207
Net income
$339
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Summary only. Only limited summary data is available for this year.$58.7$0.00$8.34$6.95$1.38
2023Detailed filing. Detailed filing data is available for this year.$57.3$57.3$12.9$6.38$6.51
2022Detailed filing. Detailed filing data is available for this year.$50.8$50.8$9.55$9.21$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$50.5$50.5$5.98$3.98$2.00
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.5$48.5$7.74$4.81$2.94
2019Summary only. Only limited summary data is available for this year.$46.1$0.00$7.41$3.98$3.43
2018Summary only. Only limited summary data is available for this year.$42.6$0.00$7.81$9.82$2.01
2017Summary only. Only limited summary data is available for this year.$44.6$0.00$7.59$3.61$3.98
2016Summary only. Only limited summary data is available for this year.$40.7$0.00$3.87$4.38$0.50
2015Detailed filing. Detailed filing data is available for this year.$41.2$0.00$41.2$13.0$10.2$2.80
2014Detailed filing. Detailed filing data is available for this year.$38.4$0.00$38.4$5.76$3.67$2.09
2013Summary only. Only limited summary data is available for this year.$36.3$0.00$8.29$5.35$2.94
2012Summary only. Only limited summary data is available for this year.$33.3$0.00$7.21$5.39$1.81