THE ETOWAH FOUNDATIONINC Charity Report

Public IRS 990 nonprofit record

THE ETOWAH FOUNDATIONINC

EIN 58-1512861 · Student Services (B80)

What they do

THE MISSION of THE ETOWAH SCHOLARSHIP FOUNDATION is to EXPAND POST-SECONDARY EDUCATIONAL OPPORTUNITIES for STUDENTS THROUGH COMMUNITY FUNDED and FOUNDATION SCHOLARSHIPS THAT RESULT IN A CELEBRATION of EDUCATIONAL SUCCESSES and IN A POSITVE IMPACT ON THE QUALITY of LIFE for CITIZENS of OUR COMMUNITY

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $77.50 was reported for mission work. Use the spending picture below and ask what results that work produced.

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 2024The charity has a recent tax report to read.

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

They name their leaders17 people are listed in the latest report.

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

Money made simple

90.92%of revenue went to mission work77.5% of expenses · Program services

11.83%of revenue went to fundraising10.1% of expenses

$117.39spent for every $100 of revenueSpending was higher than revenue this year.

14.63%of revenue went to management and office costs12.5% of expenses

$3.14in assets for every $1 spent this yearSome assets cannot be spent right away.

79.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $144,017 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

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.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$828,312

Mission workProgram services$753,13090.92% of revenue77.5% of expenses

ManagementOffice and general costs$121,18214.63% of revenue12.5% of expenses

FundraisingAsking for donations$98,01711.83% of revenue10.1% of expenses

Total expenses$972,329117.39% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 77.5% mission · 12.5% management · 10.1% fundraisingTotal expenses: 117.39% of revenue

2023Expense mix: 78.2% mission · 14.3% management · 7.5% fundraisingTotal expenses: 119.52% of revenue

2022Expense mix: 78.5% mission · 15.2% management · 6.3% fundraisingTotal expenses: 84.32% of revenue

2021Expense mix: 78.6% mission · 16.9% management · 4.6% fundraisingTotal expenses: 65.98% of revenue

2020Expense mix: 78.6% mission · 15.7% management · 5.6% fundraisingTotal expenses: 112.50% of revenue

2019Expense mix: 80.7% mission · 14.4% management · 4.8% fundraisingTotal expenses: 128.10% of revenue

2018Expense mix: 72.3% mission · 22.7% management · 5.0% fundraisingTotal expenses: 108.40% of revenue

2017Expense mix: 69.9% mission · 20.1% management · 9.9% fundraisingTotal expenses: 131.32% of revenue

Money in and money out

Revenue$828,312

Expenses$972,329

Annual shortfall $144,017 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$753,130 · 77.5% of expenses

Management and office costs$121,182 · 12.5% of expenses

Fundraising$98,017 · 10.1% of expenses

See all reported dollar amounts

Revenue$828,312

Expenses$972,329

Assets$3,057,682

Income$1,873,288

Contributions$657,865

Mission work (program services)$753,130

Fundraising$98,017

Management and general$121,182

Stocks and bonds$2,744,474

Accounting fees$10,500

Investing fees$29,775

People

Leadership and board

Tax year 2024

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 (17)

GREG FREEDEVELOPMENT CHAIR

TIFFANY TINDALLCHAIRMAN OF PERSONNEL

ROBERT WALKERTREASURER

NICK WHORTONDEVELOPMENT CHAIR

MIKE FIELDSCHAIRMAN

MECOLE LEDBETTERCHAIR ELECT

MARIA MEZABOARD MEMBER

LEE BURGERBOARD MEMBER

KATIE PARKER-OBRECHTBOARD MEMBER

AMANDA RICEBOARD MEMBER

FRANK BENNETTSECRETARY

EARNESTINE JONESBOARD MEMBER

DOROTHY L WELCHEXECUTIVE DIRECTOR

DEREK KEENEYDIRECTOR EX-OFFICIO

CATRICE HUFSTETLERPAST-CHAIR

CARLA MAHANBOARD MEMBER

BENNY MCDONALDBOARD MEMBER

About this charity

Recognized since: January 1983
Location: 104 E Cherokee Ave, Cartersville, GA 301201239
County: Bartow
In care of: Mike Fields
Primary officer: Mike Fields, Chairman

How to reach them

WebsiteVisit the charity’s website Emailinfo@etowah.org Phone(770) 382-1757

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: DENISE CASTRO CPA & ASSOCIATES LLC
NTEE classification: Student Services (B80)
IRS tax category: Student Services