Aloa Scholarship Foundation
- Assets
- $300.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 05/1993
- Data as of
- 12/2023
- EIN
- 75-2478220
Organization Overview
Aloa Scholarship Foundation is located in Dallas, TX. The organization was established in 1993. 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. Aloa 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 12/2023, Aloa Scholarship Foundation generated $18.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (8.5%) each year. All expenses for the organization totaled $37.7k 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
PROVIDE SCHOLARSHIPS TO RAISE THE PROFESSIONAL STANDARDS AND LEVELS OF EXPERTISE IN THE LOCKSMITH PROFESSION THROUGH INCREASED EDUCATION OF THE MEMBERS OF THE PROFESSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Cox Director | 1 | $0 | |
Robert Mock Treasurer | 1 | $0 | |
John Hubel Director | 0 | $0 | |
Mary May Executive Dir. | 2 | $0 | |
Kristy Mcfarland Director | 1 | $0 | |
Bob Cullum Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $10,615 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $7,252 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,023 |
| Other Revenue | $0 |
| Total Revenue | $18,890 |
| 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 | $4,304 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $11,083 |
| Total expenses | $37,712 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $300,006 |
| Other assets | $0 |
| Total assets | $300,006 |
| Total liabilities | $51,647 |
| Net assets or fund balances | $248,359 |