GERMANTOWN COMMUNITY SCHOLARSHIP FUND INC

EIN: 391365582 501(c)(3) Education

Germantown, WI

Total Revenue
$277,388
Total Expenses
$222,665
Total Assets
$1,504,807
Net Assets
$1,307,107
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
WI
Principal Officer
Chantel Macksam
Phone
4144775605
Tax Period
2024-07-01 to 2025-06-30

GERMANTOWN COMMUNITY SCHOLARSHIP FUND INC, founded in 1982, is a small nonprofit in the Education sector that reported $277K in total revenue in fiscal year 2024. The organization ran a surplus of $55K, a strong 20% operating margin.

Mission

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.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $121,341
Program Service Revenue $0
Investment Income $156,047
Other Revenue $0
TOTAL REVENUE $277,388

Expense Breakdown

Grants Paid $170,318
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $170,318
Other Expenses $52,347
TOTAL EXPENSES $222,665

Year-over-Year Comparison

2024 2023 Change
Revenue $277,388 $263,405 +0.1%
Expenses $222,665 $207,693 +0.1%
Net Income $54,723 $55,712 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
14
Employees
1
Volunteers
40

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
13
$0
Key Employees
1
$69,884
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Becca Skidmore Executive Director 20
Key Emp Highest
$34,942 $34,942 $69,884
Chantel Macksam President 2
Officer Director
$0 $0 $0
Glenn Schroeder Director 1
Director
$0 $0 $0
Erik Knudson Treasurer 2
Officer Director
$0 $0 $0
Perry Benz Director 1
Director
$0 $0 $0
Kara Roeming Director 0
Director
$0 $0 $0
Cindy Jakusz Director 1
Director
$0 $0 $0
Kathryn Klopfer Director 1
Director
$0 $0 $0
TJ Hale Director 1
Director
$0 $0 $0
David Smith Director 1
Director
$0 $0 $0
Yusuph Lawall Director 1
Director
$0 $0 $0
Scott Rasmussen Director 1
Director
$0 $0 $0
Jessica Gioeryn Director 1
Director
$0 $0 $0
David Christensen Director 1
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $277,388 $222,665 $1,504,807 $54,723
2024 $263,405 $207,693 $1,443,764 $55,712
2023 $267,938 $210,895 $1,379,574 $57,043
2022 $-110,905 $143,279 $1,338,089 $-254,184
2021 $547,794 $162,525 $1,573,036 $385,269
2020 $117,561 $111,305 $1,261,088 $6,256
2019 $147,922 $133,060 $1,188,605 $14,862
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