Gina Bachauer Scholarship Fund
- Assets
- $1.1m
- Revenue
- $14.3k
- Investments
- $988.2k
- Employees
- 0
- Location
- New Orleans, LA
- Founding
- 02/1980
- Data as of
- 06/2023
- EIN
- 72-6092529
Organization Overview
Gina Bachauer Scholarship Fund is located in New Orleans, LA. The organization was established in 1980. 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. Gina Bachauer 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 06/2023, Gina Bachauer Scholarship Fund generated $14.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (52.1%) each year. All expenses for the organization totaled $29.5k during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Riccardo Salmona Trustee | 1 | $0 | |
Susan W Rose Trustee | 1 | $0 | |
Hancock Whitney Bank Trustee | 1 | $16,131 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $24,628 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,399 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $43 |
| Total Revenue | $14,272 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $16,131 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $460 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $18,364 |
| Contributions, gifts, grants paid | $11,151 |
| Total expenses and disbursements | $29,515 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $469 |
| Savings and temporary cash investments | $67,181 |
| 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 | $988,182 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,055,832 |
| 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 |