2026-03-30T17:04:31-07:00 2025-06-30 990 2024-07-01 391365582 GERMANTOWN COMMUNITY SCHOLARSHIP FUND INC GERM 4144775605 W180 N11501 River Lane Germantown WI 53022 Terri Noll Treasurer 2628941984 2025-03-31 1 2024 2025-03-06 01:10:19Z X Chantel Macksam W180N11501 RIVER LANE GERMANTOWN WI 53022 573566 0 X www.gcsfund.org X 1982 WI The Germantown Community Scholarship Fund, Inc. is a non-profit organization whose primary purpose is to award scholarships to qualifying Germantown School District students pursuing higher education. The Fund also serves to establish an endowment to fund future scholarship awards and to recognize the needs of classroom teachers and schools through grants and other financial support. 14 14 1 40 0 0 110800 121341 0 0 152605 156047 0 0 263405 277388 157008 170318 0 0 0 0 0 0 0 50685 52347 207693 222665 55712 54723 1443764 1504807 191380 197700 1252384 1307107 The Germantown Community Scholarship Fund, Inc. is a non-profit organization whose primary purpose is to award scholarships to qualifying Germantown School District students pursuing higher education. The Fund also serves to establish an endowment to fund future scholarship awards and to recognize the needs of classroom teachers and schools through grants and other financial support. 0 0 170318 170318 277388 The Germantown Community Scholarship Fund, Inc. is a non-profit organization whose primary purpose is to award scholarships to qualifying Germantown School District students pursuing higher education. The Fund also serves to establish an endowment to fund future scholarship awards and to recognize the needs of classroom teachers and schools through grants and other financial support. 0 0 0 170318 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 0 0 WI X TERRI NOLL 4144775605 W180 N11501 River Lane Germantown WI 53022 X Becca Skidmore Executive Director 20 X X 34942 0 34942 Chantel Macksam President 2 0 X X 0 0 0 Glenn Schroeder Director 1 0 X 0 0 0 Erik Knudson Treasurer 2 0 X X 0 0 0 Perry Benz Director 1 X 0 0 0 Kara Roeming Director 0 0 X 0 0 0 Cindy Jakusz Director 1 0 X 0 0 0 Kathryn Klopfer Director 1 0 X 0 0 0 TJ Hale Director 1 0 X 0 0 0 David Smith Director 1 0 X 0 0 0 Yusuph Lawall Director 1 0 X 0 0 0 Scott Rasmussen Director 1 0 X 0 0 0 Jessica Gioeryn Director 1 0 X 0 0 0 David Christensen Director 1 0 X 0 0 0 34942 0 34942 0 0 0 0 0 0 0 27059 0 0 94282 0 121341 0 13797 0 0 13797 0 0 0 0 0 0 0 0 0 0 438428 0 296178 0 142250 0 142250 0 0 142250 0 27059 0 0 0 0 0 277388 0 0 156047 170318 170318 5395 5395 PRINTING & PUBLICATIONS 671 0 671 0 INSURANCE & FEES -89 0 -89 0 MEETING & TECHNOLOGY 6270 0 6270 0 WAGES FICA PP FEES 40100 0 40100 0 222665 170318 52347 0 138331 195249 1305433 1309558 1443764 1504807 191380 197700 191380 197700 X 0 0 0 0 1252384 1307107 1252384 1307107 1443764 1504807 54723 0 0 0 0 0 X 0 0 0 X 181598 117479 121673 110800 121341 652891 0 0 0 0 181598 117479 121673 110800 121341 652891 652891 366196 -228384 146265 152605 156047 592729 1245620 0 0.52415 0.57570 X Schedule A, Part I, Line 1 The Germantown Community Scholarship Fund, Inc is a non-profit organization whose primary purpose is to award scholarships to qualifying Germantown School District students pursuing higher education. The Fund also serves to establish an endowment to fund future scholarship awards and to recognize the needs of classroom teachers and schools through grants and other financial support. Dinner & Auction 83568 0 83568 0 0 0 8391 0 16525 0 0 83568 0 83568 0 0 0 8391 0 16525 24916 58652 Schedule G, Part I, Line 2a Scholarships are paid after the student has completed their first or second semester of post-secondary education and upon providing proof of enrollment. Form 990, Part VI, Section B, Line 11b Form 990 is reviewed by the Finance Committee Form 990, Part VI, Section B, Line 15 Continue to employ one paid position of Executive Director based on sitting board members experience with current market rates for similar positions. Form 990, Part VI, Section C, Line 19 Financial statements, minutes of meetings and corporate documents are made available upon request, at which time they would be supplied in hard copy to the requesting party They are available on a secured website to all board members. The organization respectfully requests abatement of penalties for the late filing of its Form 990 for the fiscal year ended June 30, 2025. The delay was due to a transition in financial leadership. A new Treasurer was appointed in October 2025, following a period of limited continuity in the organization's financial oversight. Upon assuming the role, the Treasurer identified that the organization's financial records required additional time to review, reconcile, and finalize to ensure accuracy and completeness for reporting purposes. The organization is entirely volunteer-run, and all officers and members serve in a volunteer capacity. As such, the transition and review process required coordination around limited availability, which contributed to the additional time needed to properly close the fiscal year and prepare the return. The organization prioritized the integrity and accuracy of its financial reporting and undertook a thorough process to organize documentation and ensure complete and accurate reporting. This process took longer than anticipated due to the condition of the records and the transition of responsibilities. Once the financial information was finalized, the organization acted promptly to complete and file the Form 990. The organization has since implemented improved internal controls and procedures to ensure timely filings in the future, including earlier financial close processes and clearer assignment of responsibilities. The organization believes the delay was due to reasonable cause and not willful neglect and respectfully requests that any penalties be abated.