Interesting data from their 2020 990 filing

The purpose of the non-profit is outlined in the filing as “The foundation's purpose is to provide monetary and non-monetary achievement recognition incentive awards to current high school students and to build the foundation's endowment program in order to be able to continue to fund the achievement & incentive awards program long after mining ceases in the area.”.

When discussing its operations, they were defined as: “To encourage, promote, assist, recognize & reward academic achievement for local high school students' academic achievement. an endowment program to continue long after mining ceases in the area if that should ever occur in the future. granting awards or incentives on the basis of academic, citizenship, leadership, attendance, & other achievement, improvement or effort. but no such award shall be for athletic achievement or improvement.”.

• The state where the non-profit operates has been legally reported as NV.
• The filing indicates that the non-profit's address in 2020 is located at POBOX 40, WINNEMUCCA, NV, 89446.
• The non-profit has reported 0 employees on their form as of 2020.
• Does not operate a hospital.
• Does not operate a school.
• Does not collect art.
• Does not provide credit counseling.
• Does not have foreign activities.
• Is not a donor-advised fund.
• Is not a private foundation.
• Expenses are less than $100,000.
• Revenue is between $100,000 and $250,000.
• Revenue less expenses is $82,856.
• The CEO compensation structure within the organization is not based on a review and approval from an impartial entity.
• The organization has 6 independent voting members.
• The organization was formed in 1992.
• The organization is required to file Schedule B.
• The organization pays $0 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization pays grants to individuals.
• The organization has minutes of its meetings.