Civic Intelligence

Merchants Exchange Scholarship Fund

990EZ • Fiscal year 2025 • EIN 86-1090663

Oct 01, 2024 to Sep 30, 2025 • Filed on Jan 14, 2026

200 SW Market St Ste 190Portland, OR 97201

(503) 228-4361

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 2025

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2025

Net Margin

90th percentile

42%

Higher net margin than 90% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2025 filings • 501(c)3 • <$500k nonprofits • Source year 2025

Asset Growth

61st percentile

8.9%

Faster asset growth than 61% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Revenue Growth

81st percentile

37%

Faster revenue growth than 81% of similar nonprofits.

2025 filings • 501(c)3 • <$500k nonprofits • Annualized from 2024 to 2025

Assets

Up

$81,509

Up $2,627 (+3.3%) from 2023

Net Assets

$81,509

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$15,766

Up $3,444 (+28%) from 2023

Expenses

Up

$9,117

Up $1,083 (+13%) from 2023

Net Income

Up

$6,649

Up $2,361 (+55%) from 2023

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2010: $34,903Net Assets 2010: $34,9032010Assets 2011: $32,406Net Assets 2011: $32,4062011Assets 2012: $31,041Net Assets 2012: $31,0412012Assets 2013: $35,275Net Assets 2013: $35,2752013Assets 2014: $36,541Net Assets 2014: $36,5412014Assets 2015: $32,350Liabilities 2015: $02015Assets 2016: $28,642Net Assets 2016: $28,6422016Assets 2017: $25,534Net Assets 2017: $25,5342017Assets 2018: $30,269Net Assets 2018: $30,2692018Assets 2019: $32,695Net Assets 2019: $32,6952019Assets 2020: $45,363Net Assets 2020: $45,3632020Assets 2021: $46,049Net Assets 2021: $46,0492021Assets 2022: $74,094Net Assets 2022: $74,0942022Assets 2023: $78,882Liabilities 2023: $5002023Assets 2025: $81,509Net Assets 2025: $81,5092025

Highlighted filing

2025

Assets$81,509
Liabilities-
Net Assets$81,509

Operations Trend

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

$40K$20K$0-$20KRevenue 2010: $4,378Expenses 2010: $5,005Net Income 2010: -$6272010Revenue 2011: $3,013Expenses 2011: $5,510Net Income 2011: -$2,4972011Revenue 2012: $3,675Expenses 2012: $5,040Net Income 2012: -$1,3652012Revenue 2013: $7,302Expenses 2013: $3,068Net Income 2013: $4,2342013Revenue 2014: $4,278Expenses 2014: $3,012Net Income 2014: $1,2662014Revenue 2015: $2,845Expenses 2015: $7,036Net Income 2015: -$4,1912015Revenue 2016: $5,792Expenses 2016: $9,500Net Income 2016: -$3,7082016Revenue 2017: $6,392Expenses 2017: $9,500Net Income 2017: -$3,1082017Revenue 2018: $7,735Expenses 2018: $3,000Net Income 2018: $4,7352018Revenue 2019: $6,426Expenses 2019: $4,000Net Income 2019: $2,4262019Revenue 2020: $19,668Expenses 2020: $7,000Net Income 2020: $12,6682020Revenue 2021: $8,234Expenses 2021: $7,548Net Income 2021: $6862021Revenue 2022: $37,160Expenses 2022: $9,115Net Income 2022: $28,0452022Revenue 2023: $12,322Expenses 2023: $8,034Net Income 2023: $4,2882023Revenue 2025: $15,766Expenses 2025: $9,117Net Income 2025: $6,6492025

Highlighted filing

2025

Revenue$15,766
Expenses$9,117
Net Income$6,649
Jump To
Filing Snapshot
Filing Period
Oct 1, 2024 to Sep 30, 2025
Signed
Jan 14, 2026
Return Version
2024v5.0
Gross Receipts
$15,766
Mission and Program Overview

Mission

PUBLIC CHARITY

Program Services

DescriptionGrantsExpenses
PROVIDE COLLEGE SCHOLARSHIPS FOR STUDY OF INTERNATIONAL TRADE AND TRANSPORTATION. DURING 2024 FISCAL YEAR THE ORGANIZATION AWARDED FIVE SCHOLARSHIPS TOTALING 9,000.$9,000$9,117
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
ALEX SCOTTPresident-$0--
RANDY FISHERVice Preside-$0--
GREG ZANAVICHSecretary/Tr-$0--
REBECCA HENDERSONDirector-$0--
SAMANTHA SHAVERDirector-$0--
CURTIS CANNIZZARODirector-$0--
Filing and Contact Details

Filer

Filer Name
Merchants Exchange Scholarship Fund
EIN
86-1090663
Phone
5032284361
Address
200 SW MARKET ST STE 190, PORTLAND, OR 97201

Signing Officer

Name
Curtis Cannizzaro
Title
Director
Phone
5032284361
Signed
2026-01-14
Discuss with paid preparer
Yes

Preparer

Firm
ROSTAD & ENGLISH CPA'S PC
Address
149 SE 3RD AVE STE 500, HILLSBORO, OR 97123-4094
Preparer
Michael W English
Phone
5036484471
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I

Line 10 - multiple grants <5,000 each name & address class of activity date of gift desc. Of property cash contribution duke university, office of financial aid 2127 campus dr durham, nc 27705 scholarships 08/13/2025 cash 1,500 massachusetts maritime academy, office of financial aid 101 academy drive buzzards bay, ma 02532 scholarships 08/13/2025 cash 3,000 seattle maritime academy, office of financial aid 4455 shilshole avenue nw seattle, wa 98107 scholarships 08/13/2025 cash 1,000 south dakota school of mines & technology, office of financial aid 501 east saint joseph st. Rapid city, sd 57701 scholarships 08/13/2025 cash 1,500 university of michigan 515 east jefferson street ann arbor, mi 48109-1316 scholarships 08/13/2025 cash 2,000

Form 990-ez, Part I, Line 16

Expenses bank service charges 117 total 117

Raw XML Appendix151 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0CHANN NOUN
IRS990EZ/BooksInCareOfDetail/PhoneNum05032202041
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0200 SW MARKET STREET STE 190
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PORTLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OR
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd097201
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt074860
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt081509
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt013482
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt06649
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt074860
IRS990EZ/Form990TotalAssetsGrp/EOYAmt081509
IRS990EZ/GrantsAndSimilarAmountsPaidAmt09000
IRS990EZ/GrossReceiptsAmt015766
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt02284
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt074860
IRS990EZ/NetAssetsOrFundBalancesEOYAmt081509
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt074860
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt081509
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0ALEX SCOTT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1RANDY FISHER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2GREG ZANAVICH
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3REBECCA HENDERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4SAMANTHA SHAVER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5CURTIS CANNIZZARO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY/TR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt0117
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PUBLIC CHARITY
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE COLLEGE SCHOLARSHIPS FOR STUDY OF INTERNATIONAL TRADE AND TRANSPORTATION. DURING 2024 FISCAL YEAR THE ORGANIZATION AWARDED FIVE SCHOLARSHIPS TOTALING 9,000.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt09000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt09117
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0OR
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt09117
IRS990EZ/TotalProgramServiceExpensesAmt09117
IRS990EZ/TotalRevenueAmt015766
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0INFORMATION CONTAINED @ WWW.PDXMEX.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt013482
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt08776
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt09498
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt036865
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt08229
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt076850
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt02284
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02702
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02824
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0295
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt08110
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt02284
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02702
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02824
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0295
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt05
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt08110
IRS990ScheduleA/InvestmentIncomeCYPct00.10000
IRS990ScheduleA/InvestmentIncomePYPct00.07000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.90450
IRS990ScheduleA/PublicSupportPY509Pct00.92890
IRS990ScheduleA/PublicSupportTotal509Amt076850
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt013482
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt08776
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt09498
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt036865
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt08229
IRS990ScheduleA/Total509Grp/TotalAmt076850
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt015766
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt011478
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt012322
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt037160
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt08234
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt084960
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0LINE 10 - MULTIPLE GRANTS <5,000 EACH NAME & ADDRESS CLASS OF ACTIVITY DATE OF GIFT DESC. OF PROPERTY CASH CONTRIBUTION DUKE UNIVERSITY, OFFICE OF FINANCIAL AID 2127 CAMPUS DR DURHAM, NC 27705 SCHOLARSHIPS 08/13/2025 CASH 1,500 MASSACHUSETTS MARITIME ACADEMY, OFFICE OF FINANCIAL AID 101 ACADEMY DRIVE BUZZARDS BAY, MA 02532 SCHOLARSHIPS 08/13/2025 CASH 3,000 SEATTLE MARITIME ACADEMY, OFFICE OF FINANCIAL AID 4455 SHILSHOLE AVENUE NW SEATTLE, WA 98107 SCHOLARSHIPS 08/13/2025 CASH 1,000 SOUTH DAKOTA SCHOOL OF MINES & TECHNOLOGY, OFFICE OF FINANCIAL AID 501 EAST SAINT JOSEPH ST. RAPID CITY, SD 57701 SCHOLARSHIPS 08/13/2025 CASH 1,500 UNIVERSITY OF MICHIGAN 515 EAST JEFFERSON STREET ANN ARBOR, MI 48109-1316 SCHOLARSHIPS 08/13/2025 CASH 2,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES BANK SERVICE CHARGES 117 TOTAL 117
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0CURTIS CANNIZZARO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum05032284361
ReturnHeader/BusinessOfficerGrp/SignatureDt02026-01-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MERCHANTS EXCHANGE SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt0MERC
ReturnHeader/Filer/EIN0861090663
ReturnHeader/Filer/PhoneNum05032284361
ReturnHeader/Filer/USAddress/AddressLine1Txt0200 SW MARKET ST STE 190
ReturnHeader/Filer/USAddress/CityNm0PORTLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0OR
ReturnHeader/Filer/USAddress/ZIPCd097201
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0200260950
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ROSTAD & ENGLISH CPA'S PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0149 SE 3RD AVE STE 500
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HILLSBORO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0OR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0971234094
ReturnHeader/PreparerPersonGrp/PhoneNum05036484471
ReturnHeader/PreparerPersonGrp/PreparationDt02026-01-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MICHAEL W ENGLISH
ReturnHeader/ReturnTs02026-01-14T17:44:02-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-10-01
ReturnHeader/TaxPeriodEndDt02025-09-30
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$81.5$81.5$15.8$9.12$6.65
2023Summary only. Only limited summary data is available for this year.$78.9$0.50$12.3$8.03$4.29
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$74.1$74.1$37.2$9.12$28.0
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$46.0$46.0$8.23$7.55$0.69
2020Detailed filing. Detailed filing data is available for this year.$45.4$45.4$19.7$7.00$12.7
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.7$32.7$6.43$4.00$2.43
2018Detailed filing. Detailed filing data is available for this year.$30.3$30.3$7.74$3.00$4.74
2017Detailed filing. Detailed filing data is available for this year.$25.5$25.5$6.39$9.50$3.11
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.6$28.6$5.79$9.50$3.71
2015Summary only. Only limited summary data is available for this year.$32.4$0.00$2.85$7.04$4.19
2014Detailed filing. Detailed filing data is available for this year.$36.5$36.5$4.28$3.01$1.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$35.3$35.3$7.30$3.07$4.23
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$31.0$31.0$3.68$5.04$1.37
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.4$32.4$3.01$5.51$2.50
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$34.9$34.9$4.38$5.01$0.63
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2025 filings • 501(c)3 • <$500k nonprofits