Totals
- Total revenue
- $97,496
- Total expenses
- $59,916
- Contributions and grants received
- $87,672
- Grants paid
- $56,000
- Program service revenue
- $0
- Investment income
- $9,824
- Other revenue
- $0
- Total assets, end of year
- $624,794
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $624,794
- Program services expenses (Part IX)
- $56,000
- Management and general expenses
- $2,614
- Fundraising expenses
- $1,302
- Program service expenses (Part III)
- $56,000
Program services were 93.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$87,672
-
3 · Investment income
total $9,824 · unrelated business $0 · excluded $0
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $56,000 · program services $56,000
-
11g · Fees: other
total $374 · program services $0 · management and general $0 · fundraising $374
-
12 · Advertising and promotion
total $928 · program services $0 · management and general $0 · fundraising $928
-
13 · Office expenses
total $1,161 · program services $0 · management and general $1,161 · fundraising $0
-
14 · Information technology
total $298 · program services $0 · management and general $298 · fundraising $0
-
17 · Travel
total $1,005 · program services $0 · management and general $1,005 · fundraising $0
-
24e · All other expenses
total $150 · program services $0 · management and general $150 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $54,480 · end of year $82,240
-
11 · Investments: publicly traded securities
beginning of year $664,014 · end of year $542,554
-
27 · Net assets without donor restrictions
beginning of year $718,494 · end of year $624,794
Mission and programs · 2022
Mission
Established in 1993, the Naval Helicopter Association Scholarship Fund has supported members of the Naval rotary wing community active duty personnel, veterans, and their dependents, in pursuit of higher education goals by providing scholarships to major universities on behalf of selected students.
-
DISBURSED MONEY FOR SCHOLARSHIPS TO MAJOR UNIVERSITIES ON BEHALF OF STUDENTS IN THE STUDY OF AEROSPACE AND ENGINEERING SCIENCES.
Expenses $56,000
As filed on the 2022 return.
Listed in Part VII
-
Capt Arne Nelson Usn RetCAPT ARNE NELSON USN RET
PRESIDENT
- Total calculated
- $0
- Hours/week
- 20
-
Capt Todd Vandegrift Usn RetCAPT TODD VANDEGRIFT USN RET
EXECUTIVE VP
- Total calculated
- $0
- Hours/week
- 20
-
Jennifer SwaseyJENNIFER SWASEY
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Nancy RuttenbergNANCY RUTTENBERG
VP SCHOLARSHIPS
- Total calculated
- $0
- Hours/week
- 20
-
Capt Jon Klein UsnCAPT JON KLEIN USN
VP PLANS AND MARKETING
- Total calculated
- $0
- Hours/week
- 5
-
Cdr Greg Knutson UsnCDR GREG KNUTSON USN
VP FINANCE AND INVESTMENTS
- Total calculated
- $0
- Hours/week
- 5
-
Capt Jim Toone Usn RetCAPT JIM TOONE USN RET
TRUSTEES ADVISOR
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 30 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202333209349302878
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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