Nonprofit · EIN 01-6014236
MORSE HIGH SCHOOL SCHOLARSHIP FUND
Tax-exempt · BATH, ME 04530
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $781,875 | $337,915 | $443,960 | $3,957,936 | $0 | $3,957,936 |
| June 30, 2024 | 990 | $206,395 | $249,958 | -$43,563 | $3,513,976 | $0 | $3,513,976 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $288,367
- Program service revenue
- $0
- Investment income
- $493,508
- Net gain from sales of assets
- $375,304
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $300,109
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $1,135
- Program services (functional)
- $300,109
- Management and general (functional)
- $37,806
Balance sheet and other
- Total assets, start of year
- $3,513,976
- Total assets, end of year
- $3,957,936
- Total liabilities, end of year
- $0
- Net assets, end of year
- $3,957,936
- Publicly traded securities
- $3,862,775
- Net assets without donor restrictions
- $3,784,669
- Net assets with donor restrictions
- $173,267
- Gross receipts
- $1,642,564
- Employees
- 0
- Volunteers
- 15
- Year formed
- 1965
- State of legal domicile
- ME
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRAD WALFIELD | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| LAURI I RAINEY | TREASURER Trustee or director, Officer | 0 | $0 |
| DAVID SOULE JR | DIRECTOR Trustee or director | 0 | $0 |
| BRIAN HATCH | DIRECTOR Trustee or director | 0 | $0 |
| KIMBERLY WILLIAMS | DIRECTOR Trustee or director | 0 | $0 |
| LESLIE GALLANT | SECRETARY Trustee or director, Officer | 0 | $0 |
| JESSICA AVERY | PRESIDENT Trustee or director, Officer | 0 | $0 |
| HOLLY LOWE | DIRECTOR Trustee or director | 0 | $0 |
| LEIGH ANN CARD | DIRECTOR Trustee or director | 0 | $0 |
| GENIENE MARCO | DIRECTOR Trustee or director | 0 | $0 |
| DEBORAH P CASHMAN | DIRECTOR Trustee or director | 0 | $0 |
990 for the year ended June 30, 2024: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BRAD WALFIELD | VICE PRESIDENT Trustee or director, Officer | 0 | $0 |
| LAURI I RAINEY | TREASURER Trustee or director, Officer | 0 | $0 |
| DAVID SOULE JR | DIRECTOR Trustee or director | 0 | $0 |
| BRIAN HATCH | DIRECTOR Trustee or director | 0 | $0 |
| KIMBERLY WILLIAMS | DIRECTOR Trustee or director | 0 | $0 |
| LESLIE GALLANT | SECRETARY Trustee or director, Officer | 0 | $0 |
| JESSICA AVERY | PRESIDENT Trustee or director, Officer | 0 | $0 |
| HOLLY LOWE | DIRECTOR Trustee or director | 0 | $0 |
| LEIGH ANN CARD | DIRECTOR Trustee or director | 0 | $0 |
| GENIENE MARCO | DIRECTOR Trustee or director | 0 | $0 |
| DEBORAH P CASHMAN | DIRECTOR Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1030, BATH, ME 04530-1030
- In care of
- % KRISTIN FLETCHER
- Principal officer (990 for 2024)
- LAURI RAINEY, PO BOX 1030, BATH, ME 04530
- Signed the 990
- LAURI RAINEY, TREASURER
- Phone
- (207) 443-8250
- Return prepared by
- WILLIAM T RACINE CPA
Mission
THE ORGANIZATION PROVIDES SCHOLARSHIPS, GRANTS AND ACHIEVEMENT AWARDS TO GRADUATES OF MORSE HIGH SCHOOL, BATH, MAINE.
Program accomplishments
- SCHOLARSHIPS, GRANTS, AND ACHIEVEMENT AWARDS TO GRADUATES OF MORSE HIGH SCHOOL, BATH, ME.Expenses $300,109 · grants $300,109
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 01-6014236
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1965
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $3,957,936
- Income (IRS master file)
- $1,642,564
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $781,875 | $337,915 | $3,957,936 | XML |
| 990 | June 2024 | $206,395 | $249,958 | $3,513,976 | XML |
| 990 | June 2023 | $191,964 | $296,287 | $3,557,539 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-6014236).
Questions about MORSE HIGH SCHOOL SCHOLARSHIP FUND
- What is the EIN of MORSE HIGH SCHOOL SCHOLARSHIP FUND?
- The employer identification number (EIN) of MORSE HIGH SCHOOL SCHOLARSHIP FUND is 01-6014236.
- Is MORSE HIGH SCHOOL SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1965.
- Are donations to MORSE HIGH SCHOOL SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MORSE HIGH SCHOOL SCHOLARSHIP FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MORSE HIGH SCHOOL SCHOLARSHIP FUND due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MORSE HIGH SCHOOL SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MORSE HIGH SCHOOL SCHOLARSHIP FUND?
- The 990 for the year ended June 30, 2025 names LAURI RAINEY.
- Who are the officers and directors of MORSE HIGH SCHOOL SCHOLARSHIP FUND?
- The 990 for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does MORSE HIGH SCHOOL SCHOLARSHIP FUND have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $781,875, expenses of $337,915 and total assets of $3,957,936 at year end.
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