Springboard Scholarship Foundation Inc
- Assets
- $152.9k
- Revenue
- $49.2k
- Investments
- $139.5k
- Employees
- 0
- Location
- Bonita Springs, FL
- Founding
- 01/2011
- Data as of
- 12/2022
- EIN
- 80-0532800
Organization Overview
Springboard Scholarship Foundation Inc is located in Bonita Springs, FL. The organization was established in 2011. 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. Springboard Scholarship Foundation 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 12/2022, Springboard Scholarship Foundation Inc generated $49.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 15.4% each year . All expenses for the organization totaled $29.1k during the year ending 12/2022. While expenses have increased by 8.5% 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.
Since 2020, Springboard Scholarship Foundation Inc has awarded 65 individual grants totaling $126,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter C Suputo President | 0 | $0 | |
Susan O'connor Vice Preside | 0 | $0 | |
Diane L Saputo Secretary | 0 | $0 | |
John M Sirhal Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $34,550 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,701 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,927 |
| Capital Gain Net Income | $236 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $49,178 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $77 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,855 |
| Total operating and administrative expenses | $3,073 |
| Contributions, gifts, grants paid | $26,000 |
| Total expenses and disbursements | $29,073 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,329 |
| Savings and temporary cash investments | $0 |
| 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 | $152,864 |
| 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, Springboard Scholarship Foundation Inc has awarded $26,000 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
JACOB BRZEZINSKI PURPOSE: HIGHER EDUCATION TUITION & BOOKS | $1,500 |
CURTIS MARTIN PURPOSE: HIGHER EDUCATION TUITION & BOOKS | $1,500 |
BRIANNE COCHILL PURPOSE: HIGHER EDUCATION AND BOOKS | $1,500 |
TATIANNA JAIME PURPOSE: HIGHER EDUCATION AND BOOKS | $1,500 |
BRIEGE FLOOD PURPOSE: HIGHER EDUCATION AND BOOKS | $1,500 |
CHRISTIAN VELA PURPOSE: HIGHER EDUCATION AND BOOKS | $1,500 |