Darrik S Sabada Memorial Scholarship Foundation is located in Ballwin, MO. 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. Darrik S Sabada Memorial Scholarship Foundation 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, Darrik S Sabada Memorial Scholarship Foundation generated $4.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.6%) each year. All expenses for the organization totaled $28.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 7 years. 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
2021
Describe the Organization's Program Activity:
Part 3
DURING 2021, THE FOUNDATION AWARDED SCHOLARSHIPS TO HIGH SCHOOL & COLLEGE STUDENTS WHO HELD A "C" AVERAGE OR BETTER AND PROVIDED VERIFICATION OF FINANCIAL STATUS. SCHOLARSHIP AMOUNT IS AWARDED BASED ON STUDENT CIRCUMSTANCES AND ARE RENEWABLE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Sabada Trustee | 0 | $0 | |
Nancy Sabada Trustee | 4 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,300 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $2,921 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $4,221 |
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 | $2,417 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $115 |
Total expenses | $28,432 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $91,346 |
Other assets | $0 |
Total assets | $96,346 |
Total liabilities | $0 |
Net assets or fund balances | $96,346 |
Over the last fiscal year, we have identified 1 grants that Darrik S Sabada Memorial Scholarship Foundation has recieved totaling $250.
Awarding Organization | Amount |
---|---|
Prudential Foundation Inc Newark, NJ PURPOSE: MATCHING GIFT TO EDUC FUNDS AGENCY | $250 |
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AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Golf Club Of Tennessee Kingston Springs, TN | $25,072,540 | $8,179,428 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Foundation For Educational Funding Lincoln, NE | $161,530,703 | $9,132,107 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |