Gibson Southern Scholarships Inc

EIN 46-3799250 • 501(c)3 • Haubstadt, IN

Profile

See attached statement

2366 W 1300 SHaubstadt, IN 47639

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

1.9%

Higher net margin than 51% of similar nonprofits.

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

Higher top officer pay than 81% of similar nonprofits.

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

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

5.6%

Faster asset growth than 63% of similar nonprofits.

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

13%

Faster revenue growth than 66% of similar nonprofits.

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

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

$61,034

Up $3,221 (+5.6%) from 2023

Liabilities

No earlier filing loaded for comparison.

Net Assets

$61,034

Up $3,221 (+5.6%) from 2023

Operations

Liabilities / RevenueScore unavailable Net Margin51st percentile

Revenue

$166,588

Up $18,727 (+13%) from 2023

Expenses

$163,367

Up $17,618 (+12%) from 2023

Net Income

$3,221

Up $1,109 (+53%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth63rd percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

Highlighted filing

2024

Assets$61,034

Liabilities-

Net Assets$61,034

Open 2024 Filing

Operations Trend

Revenue Growth66th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

Highlighted filing

2024

Revenue$166,588

Expenses$163,367

Net Income$3,221

Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $61,034
Liabilities: -
Net assets: $61,034
Revenue: $166,588
Expenses: $163,367
Net income: $3,221

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$0.61		$0.61	$1.67	$1.63	$0.03
2023Detailed filing. Detailed filing data is available for this year.	$0.58		$0.58	$1.48	$1.46	$0.02
2022Detailed filing. Detailed filing data is available for this year.	$0.56		$0.56	$1.41	$1.57	$0.16
2021Detailed filing. Detailed filing data is available for this year.	$0.71		$0.71	$1.99	$1.74	$0.25
2020Summary only. Only limited summary data is available for this year.	$0.46	$0.00		$1.22	$1.24	$0.02
2019Summary only. Only limited summary data is available for this year.	$0.49	$0.00		$1.30	$1.31	$0.01
2018Summary only. Only limited summary data is available for this year.	$0.50	$0.00		$1.34	$1.18	$0.17
2017Summary only. Only limited summary data is available for this year.	$0.33	$0.00		$1.05	$1.00	$0.04
2016Summary only. Only limited summary data is available for this year.	$0.29	$0.00		$1.02	$1.08	$0.06
2015Summary only. Only limited summary data is available for this year.	$0.36	$0.00		$1.22	$1.28	$0.05
2014Summary only. Only limited summary data is available for this year.	$0.41	$0.00		$1.21	$1.07	$0.14
2013Summary only. Only limited summary data is available for this year.	$0.27	$0.00		$0.27	$0.00	$0.27

Latest Filing Detail

Jump To

Filing Snapshot

Filing Period: Jan 1, 2024 to Dec 31, 2024
Signed: May 13, 2025
Return Version: 2024v5.1
Gross Receipts: $166,588

Mission and Program Overview

Mission

See attached statement

Program Services

Description	Grants	Expenses
This organization began 1/24/2013 to raise funds to expand access to higher education for students of Gibson Southern High School by promoting a scholarship program.	-	$163,367

Compensation and Service Providers

Top Officer Pay81st percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
Stuart Parks	President	-	$0	-	-
Don Stansberry	Vice President	-	$0	-	-
Matt Obert	Treasurer	-	$0	-	-
Adam Bledsoe	Secretary	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Gibson Southern Scholarships Inc
EIN: 46-3799250
Phone: 8124801246
Address: 2366 W 1300 S, Haubstadt, IN 47639

Signing Officer

Name: Stu Parks
Title: President
Phone: 8124801246
Signed: 2025-05-13
Discuss with paid preparer: Yes

Preparer

Firm: Armstrong CPA LLC
Address: 105 S Jeremy Lane, Haubstadt, IN 47639
Preparer: Staci A Armstrong
Phone: 8127686257

Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 10, Grants Paid

“Activity Scholarship, Grantee Eva Spindler 11087 S 200 W Haubstadt IN 47639, Cash Grant 5,050, Relationship”

Form 990-EZ, Part I, Line 10, Grants Paid

“Activity Scholarship, Grantee Ally Malone 9923 S 250 W Fort Branch IN 47648, Cash Grant 5,500, Relationship”

Form 990-EZ, Part I, Line 10, Grants Paid

“Activity Scholarship, Grantee Isaac Pohl 66 W 975 S Haubstadt IN 47639, Cash Grant 7,925, Relationship”

Form 990-EZ, Part I, Line 16, Other Expenses

“Supplies 58”

Form 990-EZ, Part I, Line 16, Other Expenses

“Bank Service Charges 114”

Form 990-EZ, Part III, Section None, Line None

“To expand access to higher education for students of Gibson Southern High School by promoting a scholarship program, developing an operational structure, raising funds for student aid distribution, and distributing awards on a fair and nondiscriminatory basis.”

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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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Activity Scholarship, Grantee Eva Spindler 11087 S 200 W Haubstadt IN 47639, Cash Grant 5,050, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	Activity Scholarship, Grantee Ally Malone 9923 S 250 W Fort Branch IN 47648, Cash Grant 5,500, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	Activity Scholarship, Grantee Isaac Pohl 66 W 975 S Haubstadt IN 47639, Cash Grant 7,925, Relationship
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	Supplies 58
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	4	Bank Service Charges 114
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	5	To expand access to higher education for students of Gibson Southern High School by promoting a scholarship program, developing an operational structure, raising funds for student aid distribution, and distributing awards on a fair and nondiscriminatory basis.
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ReturnHeader/BuildTS	0	2025-03-06 01:10:19Z
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ReturnHeader/ReturnTs	0	2025-05-13T09:52:46-00:00
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