Nonprofit · EIN 23-2534681
THE SCHROEDER SCHOLARSHIP FUND
Also known as SCHROEDER SCHOLARSHIP FUND
Tax-exempt · CARBONDALE, PA 18407
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $81,407 | $79,335 | $2,072 | $1,344,623 | $0 | $1,344,623 |
| December 31, 2023 | 990 | $93,091 | $69,942 | $23,149 | $1,342,551 | $0 | $1,342,551 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $81,407
- Net gain from sales of assets
- $39,385
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $62,788
- Compensation of officers, directors and key employees
- $11,800
- Salaries, compensation and benefits (total)
- $11,800
- Professional fundraising fees
- $0
- Legal fees
- $2,000
- Accounting fees
- $1,450
- Program services (functional)
- $79,335
Balance sheet and other
- Total assets, start of year
- $1,342,551
- Total assets, end of year
- $1,344,623
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,344,623
- Publicly traded securities
- $1,293,757
- Gross receipts
- $489,727
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1987
- State of legal domicile
- PA
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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY SMEDLEY | TRUSTEE Trustee or director | 2 | $12,300 |
| JOSEPH FARRELL | TRUSTEE Trustee or director | 2 | $250 |
| LYNN WALLIS | TRUSTEE Trustee or director | 2 | $250 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GARY SMEDLEY | TRUSTEE Trustee or director | 2 | $0 |
| JOSEPH FARRELL | TRUSTEE Trustee or director | 2 | $0 |
| LYNN WALLIS | TRUSTEE Trustee or director | 2 | $0 |
| MEGAN RUGGERIO | TRUSTEE Trustee or director | 2 | $0 |
| KERI WARHOLA | TRUSTEE Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 206 FALLBROOK ST, CARBONDALE, PA 18407-1871
- Principal officer (990 for 2024)
- GARY SMEDLEY, 206 FALLBROOK STREET, CARBONDALE, PA 18407
- Signed the 990
- GARY SMEDLEY, TRUSTEE
- Phone
- (570) 878-0356
- Return prepared by
- OSTROWSKI BECKLEY AND THORPE PC
Mission
THE ORGANIZATION PROVIDES SCHOLARSHIPS TO STUDENTS THAT HAVE SUCCESSFULLY GRADUATED FROM THE CARBONDALE AREA SCHOOL DISTRICT IN CARBONDALE, PENNSYLVANIA (LACKAWANNA COUNTY) AND INTEND TO PURSUE A DEGREE IN THE PHYSICAL SCIENCES AND/OR CHEMISTRY AT ACCREDITED POST SECONDARY COLLEGES AND UNIVERSITIES.
Program accomplishments
- THE ORGANIZATION PROVIDES SCHOLARSHIPS TO STUDENTS THAT HAVE SUCCESSFULLY GRADUATED FROM THE CARBONDALE AREA SCHOOL DISTRICT IN CARBONDALE, PENNSYLVANIA (LACKAWANNA COUNTY) AND INTEND TO PURSUE A DEGREE IN THE PHYSICAL SCIENCES AND/OR CHEMISTRY AT ACCREDITED POST SECONDARY COLLEGES AND UNIVERSITIES.Expenses $79,335 · grants $62,788
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2534681
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B820)
- Assets (IRS master file)
- $1,344,623
- Income (IRS master file)
- $489,727
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $81,407 | $79,335 | $1,344,623 | XML |
| 990 | December 2023 | $93,091 | $69,942 | $1,342,551 | XML |
| 990 | December 2022 | $44,862 | $81,938 | $1,319,402 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 23-2534681).
Questions about THE SCHROEDER SCHOLARSHIP FUND
- What is the EIN of THE SCHROEDER SCHOLARSHIP FUND?
- The employer identification number (EIN) of THE SCHROEDER SCHOLARSHIP FUND is 23-2534681.
- Is THE SCHROEDER SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to THE SCHROEDER SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does THE SCHROEDER 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 THE SCHROEDER SCHOLARSHIP FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE SCHROEDER SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of THE SCHROEDER SCHOLARSHIP FUND?
- The 990 for the year ended December 31, 2024 names GARY SMEDLEY.
- Who are the officers and directors of THE SCHROEDER SCHOLARSHIP FUND?
- The 990 for the year ended December 31, 2024 lists 3 people; 3 received compensation from the organization, the highest $12,300 (GARY SMEDLEY, TRUSTEE).
- How much revenue does THE SCHROEDER SCHOLARSHIP FUND have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $81,407, expenses of $79,335 and total assets of $1,344,623 at year end.
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