Nerea Scholarship Fund
- Assets
- $6.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Virginia Beach, VA
- Founding
- 10/1997
- Data as of
- 12/2023
- EIN
- 54-1856427
Organization Overview
Nerea Scholarship Fund is located in Virginia Beach, VA. 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. Nerea Scholarship Fund 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 12/2023, Nerea Scholarship Fund generated $8.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $5.2k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
THREE SCHOLARSHIP GRANTS IN THE AMOUNT OF $5,000. ALL SCHOLARSHIP GRANTS WERE SENT DIRECTLY TO THE RESPECTIVE UNIVERSITIES/COLLEGES TO BE APPPLIED TOWARD THE TUITION OF EACH STUDENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tom Williams President | 0 | $0 | |
Peter Bratke Vice President | 0 | $0 | |
Gerard Fantano Treasurer | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,947 |
| 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 | $8,947 |
| 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 | $200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $5,200 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $6,670 |
| Other assets | $0 |
| Total assets | $6,670 |
| Total liabilities | $0 |
| Net assets or fund balances | $6,670 |