Civic Intelligence

Mare Scholarship Fund

990 • Fiscal year 2024 • EIN 43-1621969

Jul 01, 2023 to Jun 30, 2024 • Filed on Sep 04, 2024

710 College Ave Ste CWarrensburg, MO 64093

(660) 747-8050

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Net Margin

50th percentile

3.0%

Higher net margin than 50% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

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

2024 filings • 501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

91st percentile

92%

Faster asset growth than 91% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

-2.7%

Faster revenue growth than 42% of similar nonprofits.

2024 filings • 501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$167,275

Up $80,102 (+92%) from 2023

Net Assets

Up

$167,275

Up $80,102 (+92%) from 2023

Liabilities

Flat

$0

Flat from 2023

Revenue

Down

$67,721

Down $1,901 (-2.7%) from 2023

Expenses

Up

$65,671

Up $16,140 (+33%) from 2023

Net Income

Down

$2,050

Down $18,041 (-90%) from 2023

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2022: $67,082Liabilities 2022: $0Net Assets 2022: $67,0822022Assets 2023: $87,173Liabilities 2023: $0Net Assets 2023: $87,1732023Assets 2024: $167,275Liabilities 2024: $0Net Assets 2024: $167,2752024Assets 2025: $167,603Liabilities 2025: $0Net Assets 2025: $167,6032025

Highlighted filing

2024

Assets$167,275
Liabilities$0
Net Assets$167,275

Operations Trend

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

$80K$60K$40K$20K$0Revenue 2022: $67,741Expenses 2022: $43,174Net Income 2022: $24,5672022Revenue 2023: $69,622Expenses 2023: $49,531Net Income 2023: $20,0912023Revenue 2024: $67,721Expenses 2024: $65,671Net Income 2024: $2,0502024Revenue 2025: $71,085Expenses 2025: $70,280Net Income 2025: $8052025

Highlighted filing

2024

Revenue$67,721
Expenses$65,671
Net Income$2,050
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
Sep 4, 2024
Return Version
2023v5.1
Gross Receipts
$67,721
Mission and Program Overview

Mission

To provide scholarships to students

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$165,166$167,275▲ $2,109
Cash and Non-Interest-Bearing Accounts$87,173$89,223▲ $2,050
Investments in Publicly Traded Securities$77,993$78,052▲ $59
Total Assets$165,166$167,275▲ $2,109
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$165,166$167,275▲ $2,109
Total Liabilities and Net Assets / Fund Balance$165,166$167,275▲ $2,109
Compensation and Service Providers

Board Members and Trustees

NameTitle
Kevin SandlinExecutive Director
Revenue and Support

Revenue Composition

Contributions and Grants
$62,557
Program Service Revenue
$0
Investment Income
$5,164
Other Revenue
$0
All Other Contributions
$62,557
Change in Net Assets
$2,050
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$65,671
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$15,026--$15,026
Total Functional Expenses$65,671$0$0$65,671
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
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
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

All documents are available for review upon request including 990 to board

Governing documents etc available to public Part VI line 19

Documents are available for review upon request

Filing and Contact Details

Filer

Filer Name
Mare Scholarship Fund
EIN
43-1621969
Address
710 COLLEGE AVE STE C, WARRENSBURG, MO 64093

Signing Officer

Name
Kevin Sandlin
Title
Executive Direc
Phone
6607478050
Signed
2024-09-04
Discuss with paid preparer
Yes

Organization Details

Formed
1993
Legal Domicile
Mo
Voting Board Members
14
Independent Board Members
11
Employees
0

Preparer

Firm
Hts
Address
102 E 2nd ST, Holden, MO 64040
Preparer
Stella Smith
Phone
8167325426
Supplemental Narrative

Additional Explanations

Part XI response or note to any line in Part XI

Correction to line 20abond fund investmments were not added to assets in error on 2022 return87173 + 77993 = 16566 total assets in scholarship fund

Raw XML Appendix261 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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IRS990/IRPDocumentCnt00
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IRS990/LoanOutstandingInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST INCLUDING 990 TO BOARD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DOCUMENTS ARE AVAILABLE FOR REVIEW UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CORRECTION TO LINE 20ABOND FUND INVESTMMENTS WERE NOT ADDED TO ASSETS IN ERROR ON 2022 RETURN87173 + 77993 = 16566 TOTAL ASSETS IN SCHOLARSHIP FUND
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Governing documents etc available to public Part VI line 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XI response or note to any line in Part XI
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ReturnHeader/BuildTS02024-10-15 13:58:12Z
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ReturnHeader/PreparerPersonGrp/PreparationDt02024-10-02
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ReturnHeader/ReturnTs02024-10-02T10:06:10-04:00
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ReturnHeader/TaxPeriodBeginDt02023-07-01
ReturnHeader/TaxPeriodEndDt02024-06-30
ReturnHeader/TaxYr02023

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