Charlotte Post Scholarship Fund Incorporated
- Assets
- $435.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Charlotte, NC
- Founding
- 05/2000
- Data as of
- 12/2022
- EIN
- 31-1691393
Organization Overview
Charlotte Post Scholarship Fund Incorporated is located in Charlotte, NC. The organization was established in 2000. 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. Charlotte Post Scholarship Fund Incorporated 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, Charlotte Post Scholarship Fund Incorporated generated $167.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.0% each year . All expenses for the organization totaled $120.8k during the year ending 12/2022. While expenses have increased by 14.6% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS TO HIGH SCHOOL SENIORS FOR COLLEGE & RECOGNITIONOF TOP SENIORS - 20 SENIORS/ 2 SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gerald Johnson President | 4 | $0 | |
Ellison Clary Chairman, Publicity Chair | 4 | $0 | |
Cynthia Davis Member | 0.5 | $0 | |
Marcus Kornegay Member | 0.5 | $0 | |
Mary Towe Member | 0.5 | $0 | |
Robert Johnson Programming Chair | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $167,527 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $167,527 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $120,771 |
| Total expenses | $120,771 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $413,962 |
| Other assets | $0 |
| Total assets | $435,888 |
| Total liabilities | $101,094 |
| Net assets or fund balances | $334,794 |