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Shane Isom Memorial Fund

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 760624753 ✦ Nederland, TX ✦ Designated as a 501(c)(3)

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Overview

What is Shane Isom Memorial Fund?

The Shane Isom Memorial Fund is a compassionate nonprofit organization, honoring the memory of Shane Isom. Established with the primary goal of offering educational scholarships, the fund extends its mission to cover additional expenses related to constructing a new baseball field for youth. This community-oriented initiative provides financial assistance for education and contributes to the development of a recreational space for children, thereby fostering their physical and intellectual growth.

Is Shane Isom Memorial Fund legitimate?

Shane Isom Memorial Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shane Isom Memorial Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Shane Isom Memorial Fund?

The Shane Isom Memorial Fund is dedicated to supporting education by offering scholarships to cover related expenses. Additionally, this memorial fund contributes financially towards the construction of a new baseball field for children, promoting recreational activities and community engagement. The mission of the Shane Isom Memorial Fund is to contribute to the educational and recreational needs of individuals, fostering growth and development.

Who is the CEO of Shane Isom Memorial Fund?

Kenneth Isom is the Director of Shane Isom Memorial Fund.

What is the revenue of Shane Isom Memorial Fund?

Shane Isom Memorial Fund's revenue in 2022 was $276,971.

Who are the executives of Shane Isom Memorial Fund and what are their salaries?


There is 1 key member and their salary:


Ken Isom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Shane Isom Memorial Fund?

Shane Isom Memorial Fund's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Shane Isom Memorial Fund

The Shane Isom Memorial Fund is a commemorative organization that undertakes two significant initiatives. Primarily, it provides financial aid in the form of scholarships to cater to education-related expenses. Beyond this, the fund also contributes to the construction costs of a new baseball field, designed specifically for the enjoyment and development of young children. By offering these scholarships and funding the construction of a new sports facility, the Shane Isom Memorial Fund aims to honor its namesake while making a positive impact on the community, particularly by supporting the education and recreational needs of children.

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Impact




October, 2024

The Shane Isom Memorial Fund significantly impacts the community by providing educational scholarships that ease the financial burden of attending school. These scholarships empower students to focus on their studies and future career aspirations without the stress of overwhelming education costs. Additionally, the fund contributes to the construction of a new baseball field for children, promoting physical activity, teamwork, and community engagement among youth. By supporting both educational efforts and recreational facilities, the Shane Isom Memorial Fund fosters a well-rounded environment for children in Nederland, TX, encouraging them to thrive academically and socially.




This information is meant to be a general summary of Shane Isom Memorial Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$276,971 (2022)
Expenses
$111,829 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $275,167
  • Gross Receipts: $852,002

Assets and Liabilities:

  • Total Assets: $3,651,997
  • Total Liabilities: $0
  • Net Assets: $3,651,997

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Organization Details

Founding Year

1999

Principal Officer

Kenneth Isom

Main Address

1408 Orange, Nederland, TX, 77627

NTEE Category

Code: T30 - Philanthropy

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