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Nonprofit · EIN 86-2299914

MICHAEL S SCHISLER SCHOLARSHIP INC

Tax-exempt · NICEVILLE, FL 32578

Financials

$76K$91K2023$81K$41K2024
Revenue Expenses · by fiscal year end
Financials of MICHAEL S SCHISLER SCHOLARSHIP INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$80,548$41,016$39,532$179,443$0$179,443
December 31, 2023990$76,009$90,800-$14,791$139,911$0$139,911
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$86,820
Program service revenue
$0
Investment income
$0
Net income from fundraising events
-$6,272
Other revenue
-$6,272

Expenses

Grants and similar amounts paid
$28,298
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$2,651
Program services (functional)
$41,016

Balance sheet and other

Total assets, start of year
$139,911
Total assets, end of year
$179,443
Total liabilities, end of year
$0
Net assets, end of year
$179,443
Net assets without donor restrictions
$179,443
Gross receipts
$182,826
Employees
0
Volunteers
0
Year formed
2021
State of legal domicile
FL

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.

NameTitleHours / weekCompensation
KYLE SCHISLERPRESIDENT
Trustee or director, Officer
1$0
KATIE FORTSECRETARY
Trustee or director, Officer
1$0
TJ HEARNDONTREASURER
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
KYLE SCHISLERPRESIDENT
Trustee or director, Officer
1$0
KATIE FORTSECRETARY
Trustee or director, Officer
1$0
TJ HEARNDONTREASURER
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
2412 EDGEWATER DR, NICEVILLE, FL 32578-2470
In care of
% KYLE SCHISLER
Principal officer (990 for 2024)
KYLE SCHISLER, 2412 EDGEWATER DR, NICEVILLE, FL 32578
Signed the 990
KYLE SCHISLER, PRESIDENT
Phone
(850) 308-7033
Return prepared by
LUTZ AND COMPANY PC

Mission

TO PROVIDE FINANCIAL ASSISTANCE AND OTHER SERVICES TO COLLEGE STUDENTS DEMONSTRATING FINANCIAL NEED, SCHOLASTIC ACHIEVEMENT, AND SERVANT HEARTS WHO ARE ENROLLED AT AN INSTITUTION AFFILIATED WITH THE NATIONAL CHRISTIAN COLLEGE ATHLETIC ASSOCIATION.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE FINANCIAL ASSISTANCE AND OTHER SERVICES TO COLLEGE STUDENTS DEMONSTRATING FINANCIAL NEED, SCHOLASTIC ACHIEVEMENT, AND SERVANT HEARTS WHO ARE ENROLLED AT AN INSTITUTION AFFILIATED WITH THE NATIONAL CHRISTIAN COLLEGE ATHLETIC ASSOCIATION
    Expenses $41,016 · grants $28,298 · revenue $80,548

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

IRS record

EIN
86-2299914
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B82)
Assets (IRS master file)
$179,443
Income (IRS master file)
$182,826

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$80,548$41,016$179,443XML
990December 2023$76,009$90,800$139,911XML
990December 2022$159,155$84,761$154,702IRS
990December 2021–––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 86-2299914).

Questions about MICHAEL S SCHISLER SCHOLARSHIP INC

What is the EIN of MICHAEL S SCHISLER SCHOLARSHIP INC?
The employer identification number (EIN) of MICHAEL S SCHISLER SCHOLARSHIP INC is 86-2299914.
Is MICHAEL S SCHISLER SCHOLARSHIP INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to MICHAEL S SCHISLER SCHOLARSHIP INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MICHAEL S SCHISLER SCHOLARSHIP 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 MICHAEL S SCHISLER SCHOLARSHIP INC 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 MICHAEL S SCHISLER SCHOLARSHIP INC 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 MICHAEL S SCHISLER SCHOLARSHIP INC?
The 990 for the year ended December 31, 2024 names KYLE SCHISLER.
Who are the officers and directors of MICHAEL S SCHISLER SCHOLARSHIP INC?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does MICHAEL S SCHISLER SCHOLARSHIP INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $80,548, expenses of $41,016 and total assets of $179,443 at year end.

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