Scholarshot

Organization Overview

Scholarshot is located in Dallas, TX. The organization was established in 2010. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Scholarshot employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Scholarshot is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Scholarshot generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 17.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE MENTORING, TRAINING, TUTORING AND FINANCIAL ASSISTANCE TO DISADVANTAGED STUDENTS IN ORDER FOR THOSE STUDENTS TO PURSUE HIGHER EDUCATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE MENTORING, TRAINING, TUTORING AND FINANCIAL ASSISTANCE FOR DISADVANTAGED STUDENTS IN ORDER FOR THOSE STUDENTS TO PURSUE HIGHER EDUCATION.


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Board, Officers & Key Employees

Name (title)Compensation
Dan Hooper
Executive Director
$185,000
Bob Mccamey
Vice Chair
$0
George Morgan
Treasurer
$0
Jim Wills
Board Chair
$0
Cliff Braly
Finance
$0
Isabel Brown
Finance
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,259,565
Noncash contributions included in lines 1a–1f $26,292
Total Revenue from Contributions, Gifts, Grants & Similar$1,259,565
Total Program Service Revenue$0
Investment income $239
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,259,804

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Scholarshot has recieved totaling $50,000.

Awarding OrganizationAmount
Addy Foundation

Dallas, TX

PURPOSE: EDUCATION

$50,000
View Grant Recipient Profile

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