Nonprofit · EIN 22-2525089
TOWN OF WEBB SCHOLARSHIP FUND INC
Tax-exempt · OLD FORGE, NY 13420
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| May 31, 2026 | 990 | $86,249 | $72,262 | $13,987 | $711,254 | $0 | $711,254 |
| May 31, 2025 | 990 | $43,919 | $47,435 | -$3,516 | $630,934 | $0 | $630,934 |
| May 31, 2024 | 990 | $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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANE AMOS | SECRETARY Trustee or director, Officer | – | $0 |
| KAREN BECK | TREASURER Trustee or director, Officer | – | $0 |
| JUDY EHRENSBECK | VICE PRESIDE Trustee or director, Officer | – | $0 |
| TIMOTHY LEACH | PRESIDENT Trustee or director, Officer | – | $0 |
990 for the year ended May 31, 2025: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANE AMOS | SECRETARY Trustee or director, Officer | – | $0 |
| KAREN BECK | TREASURER Trustee or director, Officer | – | $0 |
| JUDY EHRENSBECK | VICE PRESIDE Trustee or director, Officer | – | $0 |
| TIMOTHY LEACH | PRESIDENT Trustee or director, Officer | – | $0 |
990 for the year ended May 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DIANE AMOS | SECRETARY Trustee or director, Officer | – | $0 |
| KAREN BECK | TREASURER Trustee or director, Officer | – | $0 |
| JUDY EHRENSBECK | VICE PRESIDE Trustee or director, Officer | – | $0 |
| TIMOTHY LEACH | PRESIDENT 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.
Program accomplishments
- PROVIDE SCHOLARSHIPS TO LOCAL STUDENTSExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | May 31, 2026 | October 15, 2026 | 990 on file |
| 2024 | May 31, 2025 | October 15, 2025 | 990 on file |
| 2023 | May 31, 2024 | October 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | May 2026 | $86,249 | $72,262 | $711,254 | XML |
| 990 | May 2025 | $43,919 | $47,435 | $630,934 | XML |
| 990 | May 2024 | $345,398 | $38,076 | $629,397 | XML |
| 990-EZ | May 2023 | – | – | – | IRS |
| 990-EZ | May 2022 | – | – | – | IRS |
| 990-EZ | May 2021 | – | – | – | IRS |
| 990-EZ | May 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.
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