Skip to main content

Nonprofit · EIN 22-2525089

TOWN OF WEBB SCHOLARSHIP FUND INC

Tax-exempt · OLD FORGE, NY 13420

Financials

$345K$38K2023$44K$47K2024$86K$72K2025
Revenue Expenses · by fiscal year end
Financials of TOWN OF WEBB SCHOLARSHIP FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
May 31, 2026990$86,249$72,262$13,987$711,254$0$711,254
May 31, 2025990$43,919$47,435-$3,516$630,934$0$630,934
May 31, 2024990$345,398$38,076$307,322$629,397$0$629,397
Financial details: 990 for the year ended May 31, 2026

Revenue

Contributions, gifts and grants
$54,359
Program service revenue
$0
Investment income
$31,890
Net gain from sales of assets
$9,370
Other revenue
$0

Expenses

Grants and similar amounts paid
$64,186
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$72,262

Balance sheet and other

Total assets, start of year
$630,934
Total assets, end of year
$711,254
Total liabilities, end of year
$0
Net assets, end of year
$711,254
Net assets without donor restrictions
$711,254
Gross receipts
$166,735
Employees
0

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 May 31, 2026, highest compensation first.

NameTitleHours / weekCompensation
DIANE AMOSSECRETARY
Trustee or director, Officer
–$0
KAREN BECKTREASURER
Trustee or director, Officer
–$0
JUDY EHRENSBECKVICE PRESIDE
Trustee or director, Officer
–$0
TIMOTHY LEACHPRESIDENT
Trustee or director, Officer
–$0
990 for the year ended May 31, 2025: 4 people
NameTitleHours / weekCompensation
DIANE AMOSSECRETARY
Trustee or director, Officer
–$0
KAREN BECKTREASURER
Trustee or director, Officer
–$0
JUDY EHRENSBECKVICE PRESIDE
Trustee or director, Officer
–$0
TIMOTHY LEACHPRESIDENT
Trustee or director, Officer
–$0
990 for the year ended May 31, 2024: 4 people
NameTitleHours / weekCompensation
DIANE AMOSSECRETARY
Trustee or director, Officer
–$0
KAREN BECKTREASURER
Trustee or director, Officer
–$0
JUDY EHRENSBECKVICE PRESIDE
Trustee or director, Officer
–$0
TIMOTHY LEACHPRESIDENT
Trustee or director, Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 124, OLD FORGE, NY 13420-0124
Mailing address (990-N for 2016)
PO Box 124, Old Forge NY 13420
Principal officer (990 for 2025)
TIMOTHY LEACH
Principal officer (990-N for 2016)
George Cunningham, PO Box 384, Old Forge NY 13420
Signed the 990
TIMOTHY LEACH, PRESIDENT
Return prepared by
PETERS & ASSOCIATES CPAS PC

Mission

TO PROVIDE SCHOLARSHIPS TO LOCAL STUDENTS.

990 for the year ended May 31, 2026

Program accomplishments

  • PROVIDE SCHOLARSHIPS TO LOCAL STUDENTS
    Expenses $72,262 · grants $64,186

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 May, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025May 31, 2026October 15, 2026990 on file
2024May 31, 2025October 15, 2025990 on file
2023May 31, 2024October 15, 2024990 on file

IRS record

EIN
22-2525089
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2016
Accounting year ends
May
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$711,254
Income (IRS master file)
$166,735

Filing history

FormYear endedRevenueExpensesAssetsReturn
990May 2026$86,249$72,262$711,254XML
990May 2025$43,919$47,435$630,934XML
990May 2024$345,398$38,076$629,397XML
990-EZMay 2023–––IRS
990-EZMay 2022–––IRS
990-EZMay 2021–––IRS
990-EZMay 2019–––IRS
990-N for 2016
Officer: George Cunningham
May 31, 2017≤ $50,000 receipts––e-Postcard

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 22-2525089).

Questions about TOWN OF WEBB SCHOLARSHIP FUND INC

What is the EIN of TOWN OF WEBB SCHOLARSHIP FUND INC?
The employer identification number (EIN) of TOWN OF WEBB SCHOLARSHIP FUND INC is 22-2525089.
Is TOWN OF WEBB SCHOLARSHIP FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to TOWN OF WEBB SCHOLARSHIP FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TOWN OF WEBB SCHOLARSHIP FUND INC 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 TOWN OF WEBB SCHOLARSHIP FUND INC due?
The return for tax year 2026 (the year ending May 31, 2027) is due October 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TOWN OF WEBB SCHOLARSHIP FUND INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended May 2026.
Who is the principal officer of TOWN OF WEBB SCHOLARSHIP FUND INC?
The 990 for the year ended May 31, 2026 names TIMOTHY LEACH.
Who are the officers and directors of TOWN OF WEBB SCHOLARSHIP FUND INC?
The 990 for the year ended May 31, 2026 lists 4 people; 0 received compensation from the organization.
How much revenue does TOWN OF WEBB SCHOLARSHIP FUND INC have?
On its 990 for the year ended May 31, 2026 it reported revenue of $86,249, expenses of $72,262 and total assets of $711,254 at year end.

Other nonprofits in OLD FORGE

All nonprofits in OLD FORGE · New York · Education