Nonprofit · EIN 06-6107846
DR MARTIN LUTHER KING JR SCHOLARSHIP TRUST FUND
Tax-exempt · NEW LONDON, CT 06320
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $343,082 | $369,875 | -$26,793 | $2,372,514 | $0 | $2,372,514 |
| April 30, 2024 | 990 | $380,304 | $281,288 | $99,016 | $2,338,841 | $0 | $2,338,841 |
| April 30, 2023 | 990 | $345,318 | $273,537 | $71,781 | $1,888,090 | $0 | $1,888,090 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $292,768
- Program service revenue
- $0
- Investment income
- $57,644
- Net gain from sales of assets
- $20,689
- Net income from fundraising events
- -$7,330
- Other revenue
- -$7,330
Expenses
- Grants and similar amounts paid
- $339,533
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $368,710
- Management and general (functional)
- $1,165
Balance sheet and other
- Total assets, start of year
- $2,338,841
- Total assets, end of year
- $2,372,514
- Total liabilities, end of year
- $0
- Net assets, end of year
- $2,372,514
- Publicly traded securities
- $1,509,086
- Net assets without donor restrictions
- $863,428
- Net assets with donor restrictions
- $1,509,086
- Gross receipts
- $597,467
- Employees
- 0
- Year formed
- 1968
- State of legal domicile
- CT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARIE CARMENATI | TREASURER Trustee or director, Officer | – | $0 |
| CHRISTINE CONLEY | DIRECTOR Trustee or director | – | $0 |
| ANDREA L ACKERMAN EDD | DIRECTOR Trustee or director | – | $0 |
| JASON FOSTER | DIRECTOR Trustee or director | – | $0 |
| JOE GARCIA | DIRECTOR Trustee or director | – | $0 |
| MEGAN GILBERT | DIRECTOR Trustee or director | – | $0 |
| HENRY KYDD | DIRECTOR Trustee or director | – | $0 |
| MARGARET MILNES | DIRECTOR Trustee or director | – | $0 |
| JAMES E MITCHELL | DIRECTOR Trustee or director | – | $0 |
| RACHELLE AEKINS SALIKI | VICE PRESIDE Trustee or director, Officer | – | $0 |
| BIRSE TIMMONS | PRESIDENT Trustee or director, Officer | – | $0 |
| KAREN WALTERS | DIRECTOR Trustee or director | – | $0 |
| ZAKKYYA WILLIAMS | SECRETARY Trustee or director, Officer | – | $0 |
990 for the year ended April 30, 2024: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARIE CARMENATI | TREASURER Trustee or director, Officer | – | $0 |
| CHRISTINE CONLEY | DIRECTOR Trustee or director | – | $0 |
| ANDREA L ACKERMAN EDD | DIRECTOR Trustee or director | – | $0 |
| JASON FOSTER | DIRECTOR Trustee or director | – | $0 |
| JOE GARCIA | DIRECTOR Trustee or director | – | $0 |
| MEGAN GILBERT | DIRECTOR Trustee or director | – | $0 |
| HENRY KYDD | DIRECTOR Trustee or director | – | $0 |
| MARGARET MILNES | DIRECTOR Trustee or director | – | $0 |
| JAMES E MITCHELL | DIRECTOR Trustee or director | – | $0 |
| RACHELLE AEKINS SALIKI | VICE PRESIDE Trustee or director, Officer | – | $0 |
| BIRSE TIMMONS | PRESIDENT Trustee or director, Officer | – | $0 |
| KAREN WALTERS | DIRECTOR Trustee or director | – | $0 |
| ZAKKYYA WILLIAMS | SECRETARY Trustee or director, Officer | – | $0 |
990 for the year ended April 30, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RACHELLE AEKINS | VICE PRESIDE Trustee or director, Officer | – | $0 |
| MARIE CARMENATI | TREASURER Trustee or director, Officer | – | $0 |
| LOLA COLETTE | SECRETARY Trustee or director, Officer | – | $0 |
| CHRISTINE CONLEY | DIRECTOR Trustee or director | – | $0 |
| ANDREA L ACKERMAN EDD | DIRECTOR Trustee or director | – | $0 |
| JOE GARCIA | DIRECTOR Trustee or director | – | $0 |
| MEGAN GILBERT | DIRECTOR Trustee or director | – | $0 |
| HENRY KYDD | DIRECTOR Trustee or director | – | $0 |
| MARGARET MILNES | DIRECTOR Trustee or director | – | $0 |
| JAMES E MITCHELL | DIRECTOR Trustee or director | – | $0 |
| BIRSE TIMMONS | PRESIDENT Trustee or director, Officer | – | $0 |
| ZAKKYYA WILLIAMS | DIRECTOR Trustee or director | – | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 1308, NEW LONDON, CT 06320-1308
- Principal officer (990 for 2024)
- BIRSE TIMMONS, PO BOX 1308, NEW LONDON, CT 06320
- Signed the 990
- BIRSE TIMMONS, PRESIDENT
- Phone
- (860) 333-4666
- Website
- WWW.MLKTRUSTFUND.ORG
- Return prepared by
- MYSTIC ACCOUNTING GROUP LLP
Mission
DR MARTIN LUTHER KING SCHOLARSHIP FUND IS A NONPROFIT, NONSTOCK CORPORATION DEDICATED TO DEVELOPING AND MAINTAINING A COORDINATED NETWORK OF COMMUNITY RESOURCES FOR YOUNG PEOPLE AND THEIR FAMILIES AND BROADENING AND DEEPENING PUBLIC AWARENESS OF AND COMMITMENT TO SOCIETY'S RESPONSIBILITY FOR RESPONDING TO THE NEEDS OF YOUTH AND THEIR FAMILIES.
Program accomplishments
- TO PROVIDE SCHOLARSHIP ASSISTANCE FOR HIGHER EDUCATION EXPENSES TO QUALIFYING INDIVIDUALS.Expenses $368,710 · grants $339,533
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 06-6107846
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1968
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $2,372,514
- Income (IRS master file)
- $597,467
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $343,082 | $369,875 | $2,372,514 | XML |
| 990 | April 2024 | $380,304 | $281,288 | $2,338,841 | XML |
| 990 | April 2023 | $345,318 | $273,537 | $1,888,090 | XML |
| 990 | April 2022 | $495,057 | $211,089 | $1,935,039 | IRS |
| 990 | April 2021 | – | – | – | IRS |
| 990 | April 2020 | – | – | – | IRS |
| 990 | April 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-6107846).
Questions about DR MARTIN LUTHER KING JR SCHOLARSHIP TRUST FUND
- What is the EIN of DR MARTIN LUTHER KING JR SCHOLARSHIP TRUST FUND?
- The employer identification number (EIN) of DR MARTIN LUTHER KING JR SCHOLARSHIP TRUST FUND is 06-6107846.
- Is DR MARTIN LUTHER KING JR SCHOLARSHIP TRUST FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1968.
- Are donations to DR MARTIN LUTHER KING JR SCHOLARSHIP TRUST FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DR MARTIN LUTHER KING JR SCHOLARSHIP TRUST FUND file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of DR MARTIN LUTHER KING JR SCHOLARSHIP TRUST FUND due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DR MARTIN LUTHER KING JR SCHOLARSHIP TRUST FUND last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of DR MARTIN LUTHER KING JR SCHOLARSHIP TRUST FUND?
- The 990 for the year ended April 30, 2025 names BIRSE TIMMONS.
- Who are the officers and directors of DR MARTIN LUTHER KING JR SCHOLARSHIP TRUST FUND?
- The 990 for the year ended April 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does DR MARTIN LUTHER KING JR SCHOLARSHIP TRUST FUND have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $343,082, expenses of $369,875 and total assets of $2,372,514 at year end.
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