Port Aransas Boatmens Endowed Scholarship Fund Inc is located in Port Aransas, TX. 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. Port Aransas Boatmens Endowed 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 09/2017, Port Aransas Boatmens Endowed Scholarship Fund Inc generated $7.4k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 16.0% each year .
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2017
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS WILL BE AWARDED TO DESERVING YOUTHS FOR HIGHER EDUCATION. THE OBJECTIVE IS TO HAVE THE EARNINGS FROM THE PRINCIPAL PROVIDE THE CASH FOR SCHOLARSHIPS.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronnie Jackson Director | 2 | $0 | |
Cliff Strain Director | 2 | $0 | |
Gordon Peters Director | 2 | $0 | |
Thomas Dutton Director | 2 | $0 | |
Brent Casey Director | 2 | $0 | |
Kimberly Winton Director | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,050 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,304 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,354 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $0 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $180,138 |
| Other assets | $0 |
| Total assets | $239,889 |
| Total liabilities | $0 |
| Net assets or fund balances | $239,889 |