Naasson K & Florie S Dupre Permanent Educational Scholarship
- Assets
- $143.5k
- Revenue
- $6.6k
- Investments
- $137.1k
- Employees
- 0
- Location
- Lubbock, TX
- Founding
- 11/1969
- Data as of
- 12/2023
- EIN
- 75-6103694
Organization Overview
Naasson K & Florie S Dupre Permanent Educational Scholarship is located in Lubbock, TX. The organization was established in 1969. 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. Naasson K & Florie S Dupre Permanent Educational Scholarship 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, Naasson K & Florie S Dupre Permanent Educational Scholarship generated $6.6k 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 (7.3%) each year. All expenses for the organization totaled $8.5k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO STUDENTS; SEE PART XV FOR THE NUMBER OF STUDENTS BENEFITTED AND TOTAL SCHOLARSHIPS AWARDED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Prosperity Bank Trustee | 0 | $0 | |
Troy Harrison Principal | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,936 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,666 |
| Capital Gain Net Income | $3,666 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $6,602 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $157 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $3,145 |
| Contributions, gifts, grants paid | $5,400 |
| Total expenses and disbursements | $8,545 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $6,414 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $143,545 |
| 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 |
Grants Awarded
Over the last fiscal year, Naasson K & Florie S Dupre Permanent Educational Scholarship has awarded $5,400 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
DAYTON WOOD PURPOSE: STOP PAYMENT ON SCHOLARSHIP | -$600 |
ASHLEY MIRON PURPOSE: SCHOLARSHIP-TTU | $600 |
JACOB SAUDER PURPOSE: SCHOLARSHIP-TTU | $600 |
HALLIE KLEMAN PURPOSE: SCHOLARSHIP-TTU | $600 |
JAXSON COLLIER PURPOSE: SCHOLARSHIP-TTU | $600 |
JETT BRADFORD PURPOSE: SCHOLARSHIP-TTU | $600 |