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Nonprofit · EIN 47-1153142

PAUL A DEMSHAR SCHOLARSHIP FUND

Tax-exempt · ASHTABULA, OH 44004

Financials

$7K$8K2023$34K$21K2024
Revenue Expenses · by fiscal year end
Financials of PAUL A DEMSHAR SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$34,141$21,083$13,058$34,464–$34,464
December 31, 2023990-EZ$6,650$8,013-$1,363$21,406–$21,406
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$34,089
Investment income
$52

Expenses

Grants and similar amounts paid
$8,500
Compensation of officers, directors and key employees
$0
Printing, publications and postage
$95
Other expenses
$12,488
Program services (functional)
$8,500

Balance sheet and other

Total assets, start of year
$21,406
Total assets, end of year
$34,464
Total liabilities, end of year
–
Net assets, end of year
$34,464
Cash, savings and investments
$34,464
Gross receipts
$34,141

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
Bryce HeinbaughPresident5$0
Ryan RichardsVice President5$0
David ThomasSecretary5$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Bryce HeinbaughPresident5$0
Ryan RichardsVice President5$0
David ThomasSecretary5$0

Address and contacts

Address (IRS master file)
1515 E 46TH ST, ASHTABULA, OH 44004-6107
Signed the 990-EZ
Bryce Heinbaugh, Chairman
Phone
(440) 992-7000
Return prepared by
DEMSHAR EATON CPAINC

Mission

Award scholarships to local students exhibiting high moral character and have financial need. Supporting other local charitable organizations with the goal of community development and mentoring.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • 2024 (2) $2,000.00 scholarships awarded to local graduating youth.
    Expenses $4,000
  • Contributions to non-profit organizations in the community.
    Expenses $4,500

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
47-1153142
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
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$34,464
Income (IRS master file)
$34,141

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$34,141$21,083$34,464XML
990-EZDecember 2023$6,650$8,013$21,406XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 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 47-1153142).

Questions about PAUL A DEMSHAR SCHOLARSHIP FUND

What is the EIN of PAUL A DEMSHAR SCHOLARSHIP FUND?
The employer identification number (EIN) of PAUL A DEMSHAR SCHOLARSHIP FUND is 47-1153142.
Is PAUL A DEMSHAR SCHOLARSHIP FUND tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to PAUL A DEMSHAR SCHOLARSHIP FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PAUL A DEMSHAR SCHOLARSHIP FUND file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of PAUL A DEMSHAR 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 PAUL A DEMSHAR SCHOLARSHIP FUND last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of PAUL A DEMSHAR SCHOLARSHIP FUND?
The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does PAUL A DEMSHAR SCHOLARSHIP FUND have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $34,141, expenses of $21,083 and total assets of $34,464 at year end.

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