Nonprofit · EIN 38-2458957
LEGACY SCHOLARSHIP FUNDS INC
Tax-exempt · WALLED LAKE, MI 48390
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $158,902 | $145,094 | $13,808 | $1,463,435 | $0 | $1,463,435 |
| September 30, 2024 | 990 | $130,298 | $128,453 | $1,845 | $1,440,608 | $0 | $1,440,608 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $79,752
- Program service revenue
- $0
- Investment income
- $79,150
- Net gain from sales of assets
- $15,137
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $119,560
- Compensation of officers, directors and key employees
- $7,500
- Salaries, compensation and benefits (total)
- $7,500
- Professional fundraising fees
- $0
- Accounting fees
- $11,040
- Program services (functional)
- $119,560
- Management and general (functional)
- $25,534
Balance sheet and other
- Total assets, start of year
- $1,440,608
- Total assets, end of year
- $1,463,435
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,463,435
- Publicly traded securities
- $1,271,564
- Net assets without donor restrictions
- $1,119,268
- Net assets with donor restrictions
- $344,167
- Gross receipts
- $1,335,654
- Employees
- 0
- Volunteers
- 15
- Year formed
- 1983
- State of legal domicile
- MI
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE SANDRA | SECRETARY Trustee or director, Officer | 8 | $7,500 |
| GARBUTT BARBARA | DIRECTOR Trustee or director | 1 | $0 |
| FELDPAUSCH BRYAN | OFFICER AT L Trustee or director, Officer | 1 | $0 |
| WEAKLAND GAYLE | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| BULLER JEAN | DIRECTOR Trustee or director, Officer | 1 | $0 |
| CHRZANOWSKI KATHRYN | DIRECTOR Trustee or director | 1 | $0 |
| TRENHOLM KRISTIN | DIRECTOR Trustee or director | 1 | $0 |
| VANLEUWEN NANCY | DIRECTOR Trustee or director | 1 | $0 |
| HOWALD NEAL | PRESIDENT Trustee or director, Officer | 1 | $0 |
| CALLCUT PHILIP | DIRECTOR Trustee or director | 1 | $0 |
| PERRY RICHARD | OFFICER AT L Trustee or director, Officer | 1 | $0 |
| SMITH RICHARD | DIRECTOR Trustee or director | 1 | $0 |
| MARY RIEMERSMA | TREASURER Trustee or director, Officer | 1 | $0 |
| NIX RUTH | DIRECTOR Trustee or director | 1 | $0 |
| LYNCH JR TIM | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 15 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GEORGE SANDRA | SECRETARY Trustee or director, Officer | 8 | $7,500 |
| GARBUTT BARBARA | DIRECTOR Trustee or director | 1 | $0 |
| FELDPAUSCH BRIAN | OFFICER AT L Trustee or director, Officer | 1 | $0 |
| GOLDEN CHRISS | DIRECTOR Trustee or director | 1 | $0 |
| WEAKLAND GAYLE | VICE PRESIDE Trustee or director, Officer | 1 | $0 |
| BULLER JEAN | DIRECTOR Trustee or director, Officer | 1 | $0 |
| CHRZANOWSKI KATHRYN | DIRECTOR Trustee or director | 1 | $0 |
| TRENHOLM KRISTIN | DIRECTOR Trustee or director | 1 | $0 |
| VANLEUWEN NANCY | DIRECTOR Trustee or director | 1 | $0 |
| HOWALD NEAL | PRESIDENT Trustee or director, Officer | 1 | $0 |
| PERRY RICHARD | OFFICER AT L Trustee or director, Officer | 1 | $0 |
| SMITH RICHARD | DIRECTOR Trustee or director | 1 | $0 |
| MARY RIEMERSMA | TREASURER Trustee or director, Officer | 1 | $0 |
| NIX RUTH | DIRECTOR Trustee or director | 1 | $0 |
| LYNCH JR TIM | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 3095 S COMMERCE ROAD SUITE C, WALLED LAKE, MI 48390-1418
- Principal officer (990 for 2024)
- MARY RIEMERSMA
- Signed the 990
- MARY RIEMERSMA, TREASURER
- Phone
- (248) 363-5853
- Return prepared by
- SHELBY & THORPE PLC
Mission
GRANTING COLLEGE SCHOLARSHIPS
Program accomplishments
- SCHOLARSHIPS GRANTED TO GRADUATING HIGH SCHOOL SENIORS.Expenses $119,560 · grants $119,560
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 38-2458957
- 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
- 1984
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $1,463,435
- Income (IRS master file)
- $1,335,654
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $158,902 | $145,094 | $1,463,435 | XML |
| 990 | September 2024 | $130,298 | $128,453 | $1,440,608 | XML |
| 990 | September 2023 | $75,871 | $121,223 | $1,380,201 | IRS |
| 990 | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 38-2458957).
Questions about LEGACY SCHOLARSHIP FUNDS INC
- What is the EIN of LEGACY SCHOLARSHIP FUNDS INC?
- The employer identification number (EIN) of LEGACY SCHOLARSHIP FUNDS INC is 38-2458957.
- Is LEGACY SCHOLARSHIP FUNDS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
- Are donations to LEGACY SCHOLARSHIP FUNDS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does LEGACY SCHOLARSHIP FUNDS 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 LEGACY SCHOLARSHIP FUNDS INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did LEGACY SCHOLARSHIP FUNDS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of LEGACY SCHOLARSHIP FUNDS INC?
- The 990 for the year ended September 30, 2025 names MARY RIEMERSMA.
- Who are the officers and directors of LEGACY SCHOLARSHIP FUNDS INC?
- The 990 for the year ended September 30, 2025 lists 15 people; 1 received compensation from the organization, the highest $7,500 (GEORGE SANDRA, SECRETARY).
- How much revenue does LEGACY SCHOLARSHIP FUNDS INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $158,902, expenses of $145,094 and total assets of $1,463,435 at year end.
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