Scholarship Fund
- Assets
- $23.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 10/2000
- Data as of
- 12/2022
- EIN
- 75-2893220
Organization Overview
Scholarship Fund is located in Dallas, TX. The organization was established in 2000. 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. 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 12/2022, Scholarship Fund generated $94.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 42.5% each year . All expenses for the organization totaled $152.2k during the year ending 12/2022. While expenses have increased by 33.0% per year over the past 4 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Program Activity:
Part 3
PROVIDE FINANICAL ASSISTANCE TO INDIVIDUALS FORM THE DALLAS/FT. WORTH AREA WHO HAVE THE DESIRE TO FURTHER THEIR EDUCATION BUT LACK THE NECESSARY FINANCIAL RESOURCES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
L Henry Alterman Secretary Treasurer | 25 | $0 | |
Robert Hopkins Executive Director | 20 | $39,600 | |
Doug Benton Director | 20 | $0 | |
Scott Murray Director | 20 | $0 | |
Melissa Cox Director | 5 | $0 | |
Ese Alhie Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,033 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $21,171 |
| Other Revenue | $0 |
| Total Revenue | $94,204 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $39,600 |
| Professional fees and other payments to independent contractors | $28,244 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $3,653 |
| Other expenses | $14,186 |
| Total expenses | $152,162 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $23,528 |
| Other assets | $0 |
| Total assets | $23,528 |
| Total liabilities | $294 |
| Net assets or fund balances | $23,234 |