Simpson Scholarship Tua is located in Las Vegas, NV. The organization was established in 1989. 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. Simpson Scholarship Tua 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, Simpson Scholarship Tua generated $14.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.7%) each year. All expenses for the organization totaled $49.9k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Simpson Scholarship Tua has awarded 59 individual grants totaling $155,125. 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.
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,218 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$3,934 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $14,284 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $10,314 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,050 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $14,929 |
| Contributions, gifts, grants paid | $35,000 |
| Total expenses and disbursements | $49,929 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $43,635 |
| 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 | $510,090 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $553,725 |
| 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 |
Over the last fiscal year, Simpson Scholarship Tua has awarded $35,000 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
VIRGINIA POLY INSTITUTE AND ST UNIV PURPOSE: SCHOLARSHIP | $3,125 |
VIRGINIA POLY INSTITUTE AND ST UNIV PURPOSE: SCHOLARSHIP | $2,500 |
GEORGE MASON UNIV FBO ANASTAZIA CORBET PURPOSE: SCHOLARSHIP | $2,500 |
GEORGE MASON UNIV FBO EMMA GLANZ PURPOSE: SCHOLARSHIP | $3,125 |
JAMES MADISON UNIV FBO PAIGE GOINGS PURPOSE: SCHOLARSHIP | $2,500 |
VIRGINIA POLY INSTITUTE AND ST UNIV PURPOSE: SCHOLARSHIP | $2,500 |