MARATHON COMMUNITY SCHOLARSHIP FOUNDATION: Form 990EZ, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MARATHON COMMUNITY SCHOLARSHIP FOUNDATION (EIN 20-0091303)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2023-11-15
- IRS object ID
- 202323199349205092
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T13:02:45-05:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 472169423 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | EQUUS BUSINESS ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 17-29 MAIN ST STE 411 | AddressLine1Txt |
| City | CORTLAND | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13045 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990EZ | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 200091303 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARATHON COMMUNITY SCHOLARSHIP | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARA | BusinessNameControlTxt |
| Phone | 6078496382 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1 | AddressLine1Txt |
| City | MARATHON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13803 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHELLE CAUGHEY | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 6078496382 | PhoneNum |
| Signature | 2023-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHELLE | PersonFirstNm |
| Person Last | CAUGHEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | PETER VANDERWOUDE CPA | PreparerPersonNm |
| PTIN | P01861966 | PTIN |
| Phone | 6077565691 | PhoneNum |
| Preparation | 2023-11-14 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-EZ IRS990EZ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Website Address | WWW.MARATHONSCHOLARSHIPFOUNDATION.ORG | WebsiteAddressTxt |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Gross Receipts | $12,893 | GrossReceiptsAmt |
| Info In Schedule O Part I | Yes (X) | InfoInScheduleOPartIInd |
| Contributions Gifts Grants Etc | $7,429 | ContributionsGiftsGrantsEtcAmt |
| Investment Income | $277 | InvestmentIncomeAmt |
| Fundraising Gross Income | $5,187 | FundraisingGrossIncomeAmt |
| Special Events Net Income Loss | $5,187 | SpecialEventsNetIncomeLossAmt |
| Total Revenue | $12,893 | TotalRevenueAmt |
| Grants And Similar Amounts Paid | $3,827 | GrantsAndSimilarAmountsPaidAmt |
| Fees And Other Pymt To Ind Cntrct | $325 | FeesAndOtherPymtToIndCntrctAmt |
| Printing Publications Postage | $1,880 | PrintingPublicationsPostageAmt |
| Other Expenses Total | $350 | OtherExpensesTotalAmt |
| Total Expenses | $6,382 | TotalExpensesAmt |
| Excess Or Deficit For Year | $6,511 | ExcessOrDeficitForYearAmt |
| Net Assets Or Fund Balances BOY | $50,817 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $57,328 | NetAssetsOrFundBalancesEOYAmt |
Cash Savings And Investments CashSavingsAndInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,817 | BOYAmt |
| EOY | $57,328 | EOYAmt |
Form990 Total Assets Form990TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,817 | BOYAmt |
| EOY | $57,328 | EOYAmt |
Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $50,817 | BOYAmt |
| EOY | $57,328 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Primary Exempt Purpose | THE MARATHON COMMUNITY SCHOLARSHIP FOUNDATION WAS STARTED IN 2004 WITH A MISSION OF ENHANCING FUTURE EDUCATIONAL POSSIBILITIES FOR MARATHON STUDENTS. THANKS TO A SUBSIDY FROM THE FOUNDATION, THE MINIMUM COMMENCEMENT AWARD TODAY IS 85 FOR THE FAMILY OF AWARDS THAT RELY ON INTEREST FROM ENDOWMENTS SET UP IN THE PAST. IN ADDITION, BEGINNING WITH GRADUATION, 2010, THE FOUNDATION TOOK A LEAP OF FAITH IN OUR FUTURE, STARTING A SEPARATE COMPETITIVE 2,500 SCHOLARSHIP FOR A STUDENT NEEDING FINANCIAL AID FOR FURTHER EDUCATION. | PrimaryExemptPurposeTxt |
Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)
| Description Program Srvc AccomDescriptionProgramSrvcAccomTxt | Grants And AllocationsGrantsAndAllocationsAmt | Program Service ExpensesProgramServiceExpensesAmt |
|---|---|---|
| COMMUNITY SCHOLARSHIP AWARDS FOR POST-SECONDARY EDUCATION FOR QUALIFIED MARATHON CENTRAL SCHOOL GRADUATES. | $2,750 | $2,750 |
| ENHANCE MARATHON CENTRAL HIGH SCHOOL GRADUATION AWARDS TO 85 WHOSE ENDOWMENTS DO NOT GENERATE ENOUGH INTEREST INCOME TO REACH THAT LEVEL OF AWARD. | $1,077 | $1,077 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $3,827 | TotalProgramServiceExpensesAmt |
Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)
| TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|
| DANIELLE BROWN | ||
| PRESIDENT | 2.00 | $0 |
| KATHY MATSON | ||
| SECRETARY | 2.00 | $0 |
| MICHELLE CAUGHEY | ||
| TREASURER | 2.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Chg Made To Orgnzng Doc Not Rpt | false | ChgMadeToOrgnzngDocNotRptInd |
| Organization Had UBI | false | OrganizationHadUBIInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Form1120 Pol Filed | false | Form1120PolFiledInd |
| Made Loans To From Officers | false | MadeLoansToFromOfficersInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| States Where Copy Of Return Is Fld | NY | StatesWhereCopyOfReturnIsFldCd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHELLE CAUGHEY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1 | AddressLine1Txt |
| City | MARATHON | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 13803 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6078496382 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Foreign Office | false | ForeignOfficeInd |
| Donor Advised Fnds | false | DonorAdvisedFndsInd |
| Operate Hospital | false | OperateHospitalInd |
| Tanning Services Provided | false | TanningServicesProvidedInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| School Operating | false | SchoolOperatingInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Part VI Of Comp Of Hghst Pd Empl | NONE | PartVIOfCompOfHghstPdEmplTxt |
| Part VI Hghst Pd Cntrct Prof Srvc | NONE | PartVIHghstPdCntrctProfSrvcTxt |
| Filed Schedule A | Yes (true) | FiledScheduleAInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,222 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $7,302 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $4,853 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,860 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,429 | CurrentTaxYearAmt |
| Total | $30,666 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $882 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,409 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $3,797 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $4,411 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $5,187 | CurrentTaxYearAmt |
| Total | $15,686 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,104 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,711 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,650 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,271 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,616 | CurrentTaxYearAmt |
| Total | $46,352 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $46,352 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $306 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $276 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $275 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $275 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $277 | CurrentTaxYearAmt |
| Total | $1,409 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $306 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $276 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $275 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $275 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $277 | CurrentTaxYearAmt |
| Total | $1,409 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $7,410 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $8,987 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $8,925 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $9,546 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $12,893 | CurrentTaxYearAmt |
| Total | $47,761 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.97050 | PublicSupportCY509Pct |
| Public Support PY509 | 0.96620 | PublicSupportPY509Pct |
| Investment Income CY | 0.03000 | InvestmentIncomeCYPct |
| Investment Income PY | 0.03000 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990-EZ, PART I, LINE 16 | EXPENSES NYS CHAR 500 FEE 100 INSURANCE 250 TOTAL 350 |
| FORM 990-EZ, PART I, LINE 20 | CHANGE FOR CUMULATIVE ADJUSTMENT TO PRIOR YEARS 0 |
| FORM 990-EZ, PART III | THE MARATHON COMMUNITY SCHOLARSHIP FOUNDATION WAS STARTED IN 2004 WITH A MISSION OF ENHANCING FUTURE EDUCATIONAL POSSIBILITIES FOR MARATHON STUDENTS. THANKS TO A SUBSIDY FROM THE FOUNDATION, THE MINIMUM COMMENCEMENT AWARD TODAY IS 85 FOR THE FAMILY OF AWARDS THAT RELY ON INTEREST FROM ENDOWMENTS SET UP IN THE PAST. IN ADDITION, BEGINNING WITH GRADUATION, 2010, THE FOUNDATION TOOK A LEAP OF FAITH IN OUR FUTURE, STARTING A SEPARATE COMPETITIVE 2,500 SCHOLARSHIP FOR A STUDENT NEEDING FINANCIAL AID FOR FURTHER EDUCATION. |