Rspa Scholarship Fund Inc
- Assets
- $422.4k
- Revenue
- $244.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Raleigh, NC
- Founding
- 06/1997
- Data as of
- 04/2024
- EIN
- 36-4130326
Organization Overview
Rspa Scholarship Fund Inc is located in Raleigh, NC. The organization was established in 1997. 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. Rspa 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 04/2024, Rspa Scholarship Fund Inc generated $244.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $104.0k during the year ending 04/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Rspa Scholarship Fund Inc has awarded 439 individual grants totaling $677,750. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chuck Prince Chair | 1 | $0 | |
Alan Hayman Vice Chair | 1 | $0 | |
Hunter Allen Treasurer | 1 | $0 | |
Bob Bauer Secretary | 1 | $0 | |
Terry Ziegler Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $233,355 |
| Interest on Savings | $0 |
| Dividends & Interest | $10,835 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $500 |
| Total Revenue | $244,690 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,014 |
| Total operating and administrative expenses | $11,014 |
| Contributions, gifts, grants paid | $93,000 |
| Total expenses and disbursements | $104,014 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $36,015 |
| Savings and temporary cash investments | $386,347 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $422,362 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rspa Scholarship Fund Inc has awarded $93,000 in support to 47 organizations.
| Grant Recipient | Amount |
|---|---|
CHARLES POTTS PURPOSE: SCHOLARSHIP | $3,500 |
BROOKE HOWELL PURPOSE: SCHOLARSHIP | $2,500 |
JOCELYN HOWELL PURPOSE: SCHOLARSHIP | $10,000 |
GAGE CAIN PURPOSE: SCHOLARSHIP | $2,000 |
LEXIE BREITLING PURPOSE: SCHOLARSHIP | $2,000 |
AMANDA UNVERFERTH PURPOSE: SCHOLARSHIP | $2,000 |