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Harvey Samuelsen Scholarship Tr

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Scholarships, Student Financial Aid Services, Awards (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.14M (2023)

Expenses
$895k (2023)

Total Assets
$16.9M (2023)

Total Liabilities
$790k (2023)

Years with missing data
Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,141,717
Expenses
$895,489
Net Income
$246,228
Net Assets
$16,066,490
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $549,936
48.2%
Interest Revenue $0
Dividends $408,873
35.8%
Sales of Assets $181,357
15.9%
Other Income $1,551
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $870,592
97.2%
Compensation of Officers* $10,750
1.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $16,856,608
Total Liabilities $790,118
Net Assets $16,066,490
Compensation
Key Employees and Officers Compensation Other
Betty Gardiner (Secretary) $2,250 $1,088
Gusty Ilutsik Jr (President) $2,250 $0
Mary Ann K Johnson (President) $2,250 $50
Fritz Sharp (Vice President) $2,250 $2,893
Gerda Kosbruk (Treasurer) $1,500 $1,669
H Robin Samuelsen Jr (Board Member) $250 $407

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$943,824
Expenses
$827,648
Net Income
$116,176
Net Assets
$14,017,973
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $529,583
56.1%
Interest Revenue $0
Dividends $367,286
38.9%
Sales of Assets $45,534
4.8%
Other Income $1,421
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $793,224
95.8%
Compensation of Officers* $9,542
1.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $15,079,385
Total Liabilities $1,061,412
Net Assets $14,017,973
Compensation
Key Employees and Officers Compensation Other
Mary Ann K Johnson (President) $2,250 $514
Fritz Sharp (Vice President) $2,250 $1,448
Michael Gottschalk (Board Member) $1,750 $373
Gerda Kosbruk (Treasurer) $1,000 $982
Betty Gardiner (Secretary) $1,000 $0
H Robin Samuelsen Jr (Ex Officio Board Member) $792 $0
Harry W Wassily Sr (Secretary Part Year) $500 $410

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,624,940
Expenses
$958,521
Net Income
$666,419
Net Assets
$17,314,583
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $526,072
32.4%
Interest Revenue $0
Dividends $277,056
17.1%
Sales of Assets $821,712
50.6%
Other Income $100
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $913,187
95.3%
Compensation of Officers* $11,291
1.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $17,904,495
Total Liabilities $589,912
Net Assets $17,314,583
Compensation
Key Employees and Officers Compensation Other
Michael Gottschalk (Board Member) $2,500 $0
Mary Ann K Johnson (President) $2,250 $0
Fritz Sharp (Vice President) $2,250 $0
Gerda Kosbruk (Treasurer) $1,166 $0
H Robin Samuelsen Jr (Ex Officio Board Member) $1,125 $0
Kenneth Jensen (Secretary Part Year) $1,000 $0
Harry W Wassily Sr (Secretary) $1,000 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$959,061
Expenses
$750,343
Net Income
$208,718
Net Assets
$15,854,662
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $512,110
53.4%
Interest Revenue $0
Dividends $237,870
24.8%
Sales of Assets $208,865
21.8%
Other Income $216
0.0%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $680,719
90.7%
Compensation of Officers* $10,250
1.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $16,039,038
Total Liabilities $184,376
Net Assets $15,854,662
Compensation
Key Employees and Officers Compensation Other
Mary Ann K Johnson (President) $2,250 $0
Kenneth Jensen (Secretary) $2,250 $437
Fritz Sharp (Vice President) $1,750 $0
Michael Gottschalk (Board Member) $1,500 $0
Gerda Kosbruk (Treasurer) $1,250 $429
H Robin Samuelsen Jr (Ex Officio Board Member) $1,250 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,510,581
Expenses
$670,782
Net Income
$839,799
Net Assets
$14,051,974
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $1,043,619
69.1%
Interest Revenue $0
Dividends $317,743
21.0%
Sales of Assets $147,893
9.8%
Other Income $1,326
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $628,159
93.6%
Compensation of Officers* $11,917
1.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $14,137,183
Total Liabilities $85,209
Net Assets $14,051,974
Compensation
Key Employees and Officers Compensation Other
Paul Hansen Sr (Board Member) $2,500 $1,452
Kenneth Jensen (Secretary) $2,250 $1,001
Mary Ann K Johnson (President) $2,250 $2,161
Fritz Sharp (Vice President) $2,250 $1,430
Gerda Kosbruk (Treasurer) $1,500 $914
H Robin Samuelsen Jr (Ex Officio Board Member) $1,167 $0

Document Links

Fiscal Year Ending Dec.
2018

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2017

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2016

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,093,063
Expenses
$615,676
Net Income
$477,387
Net Assets
$10,631,747
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $426,469
39.0%
Interest Revenue $0
Dividends $299,533
27.4%
Sales of Assets $364,400
33.3%
Other Income $2,661
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $569,171
92.4%
Compensation of Officers* $9,582
1.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $10,785,302
Total Liabilities $153,555
Net Assets $10,631,747

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,240,043
Expenses
$667,934
Net Income
$572,109
Net Assets
$10,945,107
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $434,443
35.0%
Interest Revenue $0
Dividends $320,230
25.8%
Sales of Assets $483,832
39.0%
Other Income $1,538
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $614,049
91.9%
Compensation of Officers* $11,417
1.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $11,150,240
Total Liabilities $205,133
Net Assets $10,945,107

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,790,537
Expenses
$623,470
Net Income
$1,167,067
Net Assets
$10,871,669
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $421,935
23.6%
Interest Revenue $0
Dividends $292,690
16.3%
Sales of Assets $1,074,987
60.0%
Other Income $925
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $531,964
85.3%
Compensation of Officers* $11,416
1.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $11,328,074
Total Liabilities $456,405
Net Assets $10,871,669

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,057,189
Expenses
$564,989
Net Income
$492,200
Net Assets
$9,645,825
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $411,312
38.9%
Interest Revenue $0
Dividends $291,345
27.6%
Sales of Assets $352,167
33.3%
Other Income $2,365
0.2%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $511,074
90.5%
Compensation of Officers* $9,500
1.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $9,749,301
Total Liabilities $103,476
Net Assets $9,645,825

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990-PF
Revenue
$1,343,012
Expenses
$551,193
Net Income
$791,819
Net Assets
$8,573,435
Notable Sources of Revenue Percent of Total Revenue
Contributions Received $407,127
30.3%
Interest Revenue $0
Dividends $322,976
24.0%
Sales of Assets $611,920
45.6%
Other Income $989
0.1%
Notable Expenses Percent of Total Expenses
Charitable Disbursements $496,837
90.1%
Compensation of Officers* $9,350
1.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.
Assets/Debt
Total Assets $8,696,661
Total Liabilities $123,226
Net Assets $8,573,435

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

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