Brooke Ashton Parker Scholership Fund
- Assets
- $115.1k
- Revenue
- $56.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Wilson, TX
- Founding
- 02/2017
- Data as of
- 12/2022
- EIN
- 81-6897686
Organization Overview
Brooke Ashton Parker Scholership Fund is located in Wilson, TX. The organization was established in 2017. 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. Brooke Ashton Parker Scholership 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, Brooke Ashton Parker Scholership Fund generated $56.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.9%) each year. All expenses for the organization totaled $51.9k during the year ending 12/2022. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO RAISE AWARENESS OF DRUNK DRIVING AND HELP PROVIDE SCHOLARSHIP OPPORTUNITIES FOR GRADUATING HIGH SCHOOL SENIORS LOOKING TO PURSUE A HIGHER EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brandi Parker Treasurer | 5 | $0 | |
Brett Parker President | 5 | $0 | |
Tonie Burkett Secretary | 3 | $0 | |
Jonathan Benevides Director | 1 | $0 | |
Gary Gates Director | 1 | $0 | |
Lauren Eebling Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $15 |
| Dividends & Interest | $1,061 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,874 |
| Capital Gain Net Income | $2,874 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $52,422 |
| Total Revenue | $56,372 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $12,415 |
| Travel, conferences, and meetings | $2,995 |
| Printing and publications | $0 |
| Other expenses | $8,733 |
| Total operating and administrative expenses | $24,358 |
| Contributions, gifts, grants paid | $27,500 |
| Total expenses and disbursements | $51,858 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,627 |
| Savings and temporary cash investments | $111,427 |
| 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 | $115,054 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $2,125 |
| 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 | $2,125 |
Grants Awarded
Over the last fiscal year, Brooke Ashton Parker Scholership Fund has awarded $26,625 in support to 20 organizations.
| Grant Recipient | Amount |
|---|---|
CASON LUCAS PURPOSE: SCHOLARSHIP | $2,000 |
JAKE TABOR PURPOSE: SCHOLARSHIP | $1,500 |
JORDAN MOORE PURPOSE: SCHOLARSHIP | $1,000 |
ALEX VITOLAS PURPOSE: SCHOLARSHIP | $1,000 |
SUNNY TORRES PURPOSE: SCHOLARSHIP | $1,000 |
CLAIR MARNELL PURPOSE: SCHOLARSHIP | $625 |