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Nonprofit · EIN 23-7274027

COMMUNITY SCHOLARSHIP FOUNDATION

Tax-exempt · FOREST LAKE, MN 55025

Financials

$398K$295K2023$355K$309K2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY SCHOLARSHIP FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
July 31, 2025990$354,619$309,283$45,336$1,087,964$305,700$782,264
July 31, 2024990$397,578$295,054$102,524$740,475$0$740,475
Financial details: 990 for the year ended July 31, 2025

Revenue

Contributions, gifts and grants
$305,383
Program service revenue
$0
Investment income
$49,236
Other revenue
$0

Expenses

Grants and similar amounts paid
$300,200
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$750
Program services (functional)
$300,200
Management and general (functional)
$9,083

Balance sheet and other

Total assets, start of year
$740,475
Total assets, end of year
$1,087,964
Total liabilities, end of year
$305,700
Net assets, end of year
$782,264
Publicly traded securities
$792,530
Net assets without donor restrictions
$260,306
Net assets with donor restrictions
$521,958
Gross receipts
$354,619
Employees
0
Year formed
1973
State of legal domicile
MN

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 July 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
OZZIE BARRONDIRECTOR
Trustee or director
1$0
JENNY MEYERDIRECTOR
Trustee or director
1$0
MARY SARGEANTDIRECTOR
Trustee or director
1$0
BRIDGET AGLIEREVICE PRESIDE
Officer
1$0
KARL AMLIEVICE PRESIDE
Officer
1$0
KERRIANN HALLBERGSECRETARY
Officer
10$0
LAURA JACKSONTREASURER
Officer
1$0
LYLE KOSKIVICE PRESIDE
Officer
1$0
JOE LEFTOPRESIDENT
Officer
1$0
990 for the year ended July 31, 2024: 9 people
NameTitleHours / weekCompensation
OZZIE BARRONDIRECTOR
Trustee or director
1$0
JENNY MEYERDIRECTOR
Trustee or director
1$0
MARY SARGEANTDIRECTOR
Trustee or director
1$0
BRIDGET AGLIEREVICE PRESIDE
Officer
1$0
KARL AMLIEVICE PRESIDE
Officer
1$0
KERRIANN HALLBERGSECRETARY
Officer
1$0
LAURA JACKSONTREASURER
Officer
1$0
LYLE KOSKIVICE PRESIDE
Officer
1$0
JOE LEFTOPRESIDENT
Officer
1$0

Address and contacts

Address (IRS master file)
PO BOX 67, FOREST LAKE, MN 55025-0067
Principal officer (990 for 2024)
JOE LEFTO, PO BOX 67, FOREST LAKE, MN 55025
Signed the 990
JOE LEFTO, PRESIDENT
Phone
(612) 709-4652
Return prepared by
WENDY RYCHLEY CHARTERED

Mission

AWARD SCHOLARSHIPS TO RESIDENTS LIVING IN THE FOREST LAKE AREA SCHOOL DISTRICT WHO ARE SEEKING TO FURTHER THEIR EDUCATION THROUGH COLLEGE, UNIVERSITY OR TECHNICAL TRAINING

990 for the year ended July 31, 2025

Program accomplishments

  • MANAGED FUND ASSETS, SOLICITED AND ACCEPTED DONATIONS; REVIEW OF SCHOLARSHIP APPLICATIONS; AWARDED SCHOLARSHIPS. 159 SCHOLARSHIP RECIPIENTS BENEFITTED
    Expenses $300,200 · grants $300,200

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

Tax yearYear endedDueIRS public records
2025July 31, 2026December 15, 2026Not due yet
2024July 31, 2025December 15, 2025990 on file
2023July 31, 2024December 16, 2024990 on file

IRS record

EIN
23-7274027
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
1973
Accounting year ends
July
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,087,964
Income (IRS master file)
$354,619

Filing history

FormYear endedRevenueExpensesAssetsReturn
990July 2025$354,619$309,283$1,087,964XML
990July 2024$397,578$295,054$740,475XML
990July 2023$295,458$281,810$559,534IRS
990July 2022–––IRS
990July 2021–––IRS
990July 2020–––IRS
990July 2019–––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 23-7274027).

Questions about COMMUNITY SCHOLARSHIP FOUNDATION

What is the EIN of COMMUNITY SCHOLARSHIP FOUNDATION?
The employer identification number (EIN) of COMMUNITY SCHOLARSHIP FOUNDATION is 23-7274027.
Is COMMUNITY SCHOLARSHIP FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
Are donations to COMMUNITY SCHOLARSHIP FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY SCHOLARSHIP FOUNDATION 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 COMMUNITY SCHOLARSHIP FOUNDATION due?
The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did COMMUNITY SCHOLARSHIP FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended July 2025.
Who is the principal officer of COMMUNITY SCHOLARSHIP FOUNDATION?
The 990 for the year ended July 31, 2025 names JOE LEFTO.
Who are the officers and directors of COMMUNITY SCHOLARSHIP FOUNDATION?
The 990 for the year ended July 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does COMMUNITY SCHOLARSHIP FOUNDATION have?
On its 990 for the year ended July 31, 2025 it reported revenue of $354,619, expenses of $309,283 and total assets of $1,087,964 at year end.

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