MARATHON COMMUNITY SCHOLARSHIP FOUNDATION: Form 990EZ, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: MARATHON COMMUNITY SCHOLARSHIP FOUNDATION (EIN 20-0091303)
Tax period: 2019-07-01 to 2020-06-30
Filed: 2020-11-20
IRS object ID: 202013259349200216
Schema version: 2019v5.0
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
Form 990-EZ
Schedule A
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-11-20T12:13:02-06:00	ReturnTs
Tax Period End	2020-06-30	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	2019-07-01	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	KAREN FORKEY	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	6078496382	PhoneNum
Signature	2020-10-16	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	PETER VANDERWOUDE CPA	PreparerPersonNm
PTIN	P01861966	PTIN
Phone	6077565691	PhoneNum
Preparation	2020-11-17	PreparationDt
Self Employed	Yes (X)	SelfEmployedInd

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	38.106.7.22	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-11-20	IPDt
IP Tm	12:13:02	IPTm
IP Timezone	CS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	611816B23FB810C06BD79243BD2A124761195CC2	AtSubmissionCreationDeviceId
At Submission Filing Device Id	611816B23FB810C06BD79243BD2A124761195CC2	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-04-22 16:20:28Z	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	$8,987	GrossReceiptsAmt
Info In Schedule O Part I	Yes (X)	InfoInScheduleOPartIInd
Contributions Gifts Grants Etc	$7,302	ContributionsGiftsGrantsEtcAmt
Investment Income	$276	InvestmentIncomeAmt
Fundraising Gross Income	$1,409	FundraisingGrossIncomeAmt
Special Events Direct Expenses	$1,243	SpecialEventsDirectExpensesAmt
Special Events Net Income Loss	$166	SpecialEventsNetIncomeLossAmt
Total Revenue	$7,744	TotalRevenueAmt
Grants And Similar Amounts Paid	$4,296	GrantsAndSimilarAmountsPaidAmt
Printing Publications Postage	$487	PrintingPublicationsPostageAmt
Other Expenses Total	$25	OtherExpensesTotalAmt
Total Expenses	$4,808	TotalExpensesAmt
Excess Or Deficit For Year	$2,936	ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY	$46,069	NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets	-$506	OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY	$48,499	NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

Field	Value	IRS element (for citing)
BOY	$46,069	BOYAmt
EOY	$48,499	EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$46,069	BOYAmt
EOY	$48,499	EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

Field	Value	IRS element (for citing)
BOY	$46,069	BOYAmt
EOY	$48,499	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.	$1,950	$1,950
ENHANCE MARATHON CENTRAL HIGH SCHOOL GRADUATION AWARDS TO 85 WHOSE ENDOWMENTS DO NOT GENERATE ENOUGH INTEREST INCOME TO REACH THAT LEVEL OF AWARD.	$2,346	$2,346

Field	Value	IRS element (for citing)
Total Program Service Expenses	$4,296	TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt
TINA GALLAGHER
PRESIDENT	1.00	$0
KATHY MATSON
SECRETARY	0.10	$0
KAREN FORKEY
TREASURER	1.50	$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	KAREN FORKEY	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	$3,608	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$5,664	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,149	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,222	CurrentTaxYearMinus1YearAmt
Current Tax Year	$7,302	CurrentTaxYearAmt
Total	$29,945	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	-$38	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$1,619	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$347	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$882	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,409	CurrentTaxYearAmt
Total	$4,219	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,570	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$7,283	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,496	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,104	CurrentTaxYearMinus1YearAmt
Current Tax Year	$8,711	CurrentTaxYearAmt
Total	$34,164	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$34,164	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$303	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$307	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$311	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$306	CurrentTaxYearMinus1YearAmt
Current Tax Year	$276	CurrentTaxYearAmt
Total	$1,503	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$303	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$307	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$311	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$306	CurrentTaxYearMinus1YearAmt
Current Tax Year	$276	CurrentTaxYearAmt
Total	$1,503	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$3,873	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$7,590	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$7,807	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$7,410	CurrentTaxYearMinus1YearAmt
Current Tax Year	$8,987	CurrentTaxYearAmt
Total	$35,667	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.95790	PublicSupportCY509Pct
Public Support PY509	0.97000	PublicSupportPY509Pct
Investment Income CY	0.04000	InvestmentIncomeCYPct
Investment Income PY	0.04000	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 25 TOTAL 25
FORM 990-EZ, PART I, LINE 20	CHANGE FOR CUMULATIVE ADJUSTMENT TO PRIOR YEARS -506
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.