Dynamic Scholarship Fund Inc
- Assets
- $24.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 06/2010
- Data as of
- 12/2021
- EIN
- 27-2331410
Organization Overview
Dynamic 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. Dynamic 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 12/2021, Dynamic Scholarship Fund Inc generated $64.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (14.4%) each year. All expenses for the organization totaled $60.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.1%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President & Programs Director | 30 | $40,000 | |
Name Not Listed Programs Director Board Of Directors | 4 | $1,500 | |
Name Not Listed Board Of Directors | 3 | $0 | |
Name Not Listed Board Of Directors | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $42,510 |
| Total Program Service Revenue | $22,400 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,910 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,500 |
| Professional fees and other payments to independent contractors | $7,450 |
| Occupancy, rent, utilities, and maintenance | $9,880 |
| Printing, publications, postage, and shipping | $1,435 |
| Other expenses | $0 |
| Total expenses | $60,265 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $24,845 |
| Other assets | $0 |
| Total assets | $24,845 |
| Total liabilities | $0 |
| Net assets or fund balances | $24,845 |