East Lake High School Scholarship Fund Inc is located in Wellington, FL. The organization was established in 2017. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, 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. East Lake High School 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 12/2021, East Lake High School Scholarship Fund Inc generated $7.7k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $7.0k during the year ending 12/2021. 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
2021
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS PROVIDED FOR 5 STUDENTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Williams President | 2 | $0 | |
Richard Johnson Vice President | 2 | $0 | |
Myrtle Sheffield Secretary/treasurer | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,695 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,695 |
| 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 | $625 |
| Occupancy, rent, utilities, and maintenance | $257 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $6,133 |
| Total expenses | $7,015 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $10,219 |
| Other assets | $0 |
| Total assets | $10,219 |
| Total liabilities | $0 |
| Net assets or fund balances | $10,219 |