Project One Scholarship Fund Inc is located in Charlotte, NC. The organization was established in 2010. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Project One Scholarship Fund Inc 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 12/2022, Project One Scholarship Fund Inc generated $151.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $184.3k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
PROJECT ONE PROVIDES STUDENTS FROM LOW INCOME, SINGLE-PARENT FAMILIES WITH SCHOLARSHIPS AND TOOLS FOR COLLEGE SUCCESS, INCLUDING A GIFTS AND TALENTS PROGRAM, FINANCIAL LITERACY, AND MENTORING.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Josh Carson Trustee | 0.75 | $0 | |
Kelly Dyer Trustee | 0.75 | $0 | |
Neal Emmons Vice President | 0.75 | $0 | |
Lindsay Jones Chairman | 0.75 | $0 | |
Kristin Keen Trustee | 0.75 | $0 | |
Jamelia Livingston Treasurer | 0.75 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $151,541 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $151,549 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $85,237 |
| Professional fees and other payments to independent contractors | $3,654 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,983 |
| Total expenses | $184,299 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $173,667 |
| Other assets | $0 |
| Total assets | $189,246 |
| Total liabilities | $89,438 |
| Net assets or fund balances | $99,808 |