Cecil Ray Scholarship
- Assets
- $45.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- Data as of
- 12/2022
- EIN
- 85-1249559
Organization Overview
Cecil Ray Scholarship is located in Louisville, KY. 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. Cecil Ray 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 12/2022, Cecil Ray Scholarship generated $27.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (16.3%) each year. All expenses for the organization totaled $18.2k during the year ending 12/2022. 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
TUITION SCHOLARSHIPS FOR STUDENTS ENROLLED AT EMMA L. MINNIS JR. ACADEMY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eleanor Nichols Bod | 0 | $0 | |
Tiffany Gibson-Goodwin Bod | 0 | $0 | |
Yvonne Lovell Bod | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $27,355 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $65 |
| Total Revenue | $27,420 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $1,273 |
| Total expenses | $18,173 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $45,473 |
| Other assets | $0 |
| Total assets | $45,473 |
| Total liabilities | $0 |
| Net assets or fund balances | $45,473 |
Grants Awarded
Over the last fiscal year, Cecil Ray Scholarship has awarded $14,750 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
EMMA L MINNIS JR ACADEMY PURPOSE: DISTRIBUTION OF SCHOLARSHIP FUNDS FOR STUDENT TUITION AND FINANCIAL ASSISTANCE | $0 |
EMMA L MINNIS JR ACADEMY PURPOSE: DISTRIBUTION OF SCHOLARSHIP FUNDS FOR STUDENT TUITION AND FINANCIAL ASSISTANCE | $14,750 |