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ELDER & MARLYS HOINES MEMORIAL SCHOLARSHIP FOUNDATION

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Public IRS 990 nonprofit record

ELDER & MARLYS HOINES MEMORIAL SCHOLARSHIP FOUNDATION

EIN 42-1301973 · Education (B)

What they do

ELDER & MARLYS HOINES MEMORIAL SCHOLARSHIP FOUNDATION

Before you give

Should I give to this charity?

Easy charity check
We do not have enough spending detail

Basic public information is available, but it is not enough to judge how well donations are used. Ask the charity for a current spending breakdown and results.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2025The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders2 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

$44.89spent for every $100 of revenueRevenue covered expenses this year.
$43.08in assets for every $1 spent this yearSome assets cannot be spent right away.
40.7%of its money came from giftsOther money may come from services or investments.

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Money

Financial picture

Tax year 2025

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

Money in and money out

Revenue$9,823
Expenses$4,410
Annual surplus $5,413 Revenue was higher than expenses for this filing year.
See all reported dollar amounts
Revenue$9,823
Expenses$4,410
Assets$189,969
Income$9,823
Contributions$4,000
Grants given$23,000
Average grant$1,438
Stocks and bonds$152,450
Accounting fees$312
People

Leadership and board

Tax year 2025

Names, titles, time, and compensation below are reported by the organization on its Form 990.

No compensation was reported for these leaders. The complete board and leadership roster is shown below.

Board and leadership roster (2)

JOHN HOINESTRUSTEE

PAUL HOINESTRUSTEE

About this charity

Recognized since
January 1988
Location
753 N ELM ST, CRESCO, IA 52136-1163
County
Howard
In care of
% JOHN HOINES
Primary officer
JOHN HOINES, TRUSTEE

How to reach them

Filing and classification

Latest tax year
2025
Tax period began
January 1, 2025
Return type
990PF
Tax preparer
HACKER NELSON & CO PC
NTEE classification
Education (B)
IRS tax category
Education
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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