Nonprofit · EIN 22-2535972
CLYDE RUSSELL SCHOLARSHIP FUND
Tax-exempt · AUGUSTA, ME 04330
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $55,285 | $55,659 | -$374 | $1,194,085 | $0 | $1,194,085 |
| August 31, 2024 | 990 | $55,644 | $50,547 | $5,097 | $1,213,111 | $0 | $1,213,111 |
| August 31, 2023 | 990 | $60,318 | $54,199 | $6,119 | $1,110,601 | $0 | $1,110,601 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $55,285
- Net gain from sales of assets
- $26,568
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $29,750
- Other salaries and wages
- $586
- Salaries, compensation and benefits (total)
- $781
- Professional fundraising fees
- $0
- Accounting fees
- $6,000
- Program services (functional)
- $29,750
- Management and general (functional)
- $25,909
Balance sheet and other
- Total assets, start of year
- $1,213,111
- Total assets, end of year
- $1,194,085
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,194,085
- Publicly traded securities
- $765,171
- Net assets without donor restrictions
- $1,194,085
- Gross receipts
- $225,357
- Employees
- 1
- Volunteers
- 15
- Year formed
- 1989
- 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 August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RACHELLE BRISTOL | VICE CHAIR Trustee or director, Officer | 1 | $0 | $204,050 | $90,012 |
| TAMMY SIMPSON | SECRETARY TO THE TRUSTEE Trustee or director | 3 | $0 | $162,753 | $92,786 |
| JESSE HARGROVE | CHAIR Trustee or director, Officer | 1 | $0 | $73,469 | $21,871 |
| VALERIE PINKHAM | TRUSTEE Trustee or director | 1 | $0 | $3,175 | $0 |
| MICHAEL GRILLO | TRUSTEE Trustee or director | 1 | $0 | $1,614 | $0 |
990 for the year ended August 31, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RACHELLE BRISTOL | VICE CHAIR Trustee or director, Officer | 1 | $0 | $198,859 | $83,192 |
| TAMMY SIMPSON | SECRETARY TO THE TRUSTEE Trustee or director | 3 | $0 | $158,773 | $86,321 |
| GRACE LEAVITT | CHAIR (THRU 07/24) Trustee or director, Officer | 1 | $0 | $139,354 | $44,379 |
| JESSE HARGROVE | CHAIR Trustee or director, Officer | 1 | $0 | $15,491 | $0 |
| JANICE MURPHY | TRUSTEE (THRU 07/24) Trustee or director | 1 | $0 | $3,091 | $0 |
| TOM WALSH | TRUSTEE Trustee or director | 1 | $0 | $3,091 | $0 |
| REBECCA MILLETT | TRUSTEE Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended August 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| Rachelle Bristol | Vice Chair Trustee or director, Officer | 1 | $0 | $182,423 | $85,299 |
| Tammy Simpson | Secretary to the Trustees Officer | 3 | $0 | $143,985 | $82,517 |
| Grace Leavitt | Chair Trustee or director, Officer | 1 | $0 | $137,081 | $43,103 |
| Janice Murphy | Trustee Trustee or director | 1 | $0 | $3,021 | $0 |
| Tom Walsh | Trustee Trustee or director | 1 | $0 | $3,021 | $0 |
| Rebecca Millett | Trustee Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 35 COMMUNITY DR, AUGUSTA, ME 04330-8005
- Principal officer (990 for 2024)
- RACHELLE BRISTOL, 35 COMMUNITY DRIVE, AUGUSTA, ME 04330
- Signed the 990
- RACHELLE BRISTOL, VICE CHAIR
- Phone
- (207) 622-5866
- Return prepared by
- WIPFLI ADVISORY LLC
Mission
TO PROVIDE SCHOLARSHIPS TO MAINE RESIDENTS, INCLUDING BUT NOT LIMITED TO, THOSE WHO PURSUE THE TEACHING PROFESSION.
Program accomplishments
- TO PROVIDE SCHOLARSHIPS, GRANTS, LOANS, OR GIFTS TO RESIDENTS OF MAINE, INCLUDING BUT NOT LIMITED TO THOSE WHO PURSUE THE TEACHING PROFESSION WITH THE INTENT TO ADVANCE CULTURAL AND EDUCATIONAL OPPORTUNITIES FOR THE RESIDENTS OF MAINE.Expenses $29,750 · grants $29,750
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 August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 22-2535972
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1984
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,194,085
- Income (IRS master file)
- $225,357
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $55,285 | $55,659 | $1,194,085 | XML |
| 990 | August 2024 | $55,644 | $50,547 | $1,213,111 | XML |
| 990 | August 2023 | $60,318 | $54,199 | $1,110,601 | XML |
| 990 | August 2022 | $70,957 | $60,642 | $1,081,475 | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2019 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | 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 22-2535972).
Questions about CLYDE RUSSELL SCHOLARSHIP FUND
- What is the EIN of CLYDE RUSSELL SCHOLARSHIP FUND?
- The employer identification number (EIN) of CLYDE RUSSELL SCHOLARSHIP FUND is 22-2535972.
- Is CLYDE RUSSELL SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to CLYDE RUSSELL SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does CLYDE RUSSELL 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 CLYDE RUSSELL SCHOLARSHIP FUND due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CLYDE RUSSELL SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of CLYDE RUSSELL SCHOLARSHIP FUND?
- The 990 for the year ended August 31, 2025 names RACHELLE BRISTOL.
- Who are the officers and directors of CLYDE RUSSELL SCHOLARSHIP FUND?
- The 990 for the year ended August 31, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does CLYDE RUSSELL SCHOLARSHIP FUND have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $55,285, expenses of $55,659 and total assets of $1,194,085 at year end.
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