Ohio Scholarship Fund
- Assets
- $1.3m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Columbus, OH
- Founding
- Data as of
- 12/2023
- EIN
- 88-2008090
Organization Overview
Ohio Scholarship Fund, operating under the name Every Child Every Family, is located in Columbus, OH. 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. Every Child Every Family 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, Every Child Every Family generated $1.2m in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2022, Every Child Every Family has awarded 43 individual grants totaling $2,237,891. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
CREATES PARTNERSHIPS TO PROVIDE THE RESOURCES NECESSARY TO HELP OHIO FAMILIES ACCESS THE EDUCATIONAL OPTIONS WHICH WORK BEST FOR THEIR CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WAS ESTABLISHED IN 2022 AS A SCHOLARSHIP GRANTING ORGANIZATION. OHIO SCHOLARSHIP FUND ACCEPTS DONATIONS ON BEHALF OF ENROLLED OHIO NON-TAX, NON-PUBLIC SCHOOLS TO RAISE SCHOLARSHIP FUNDS. THE ENTITY MANAGES THE FUNDS RAISED AND PROVIDES SOFTWARE TO HELP SCHOOLS TRACK THEIR SCHOLARSHIP FUNDS. AN ADDITIONAL 20 PRIVATE SCHOOLS ENROLLED FOR A TOTAL OF 63 ENROLLED SCHOOLS IN 2023. THE ORGANIZATION DISBURSED $1,024,454 IN SCHOLARSHIP FUNDS TO 215 STUDENTS IN 19 ENROLLED SCHOOLS IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Adam Hewit President | Officer | 1.25 | $0 |
Dan Peters Vice President | Officer | 1.25 | $0 |
Eric Frank Treasurer And Secretary | Officer | 1.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,154,717 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,154,717 |
| Total Program Service Revenue | $0 |
| Investment income | $14,401 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24,675 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,193,793 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,118,925 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $2,131 |
| Fees for services: Legal | $3,782 |
| Fees for services: Accounting | $12,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $587 |
| Office expenses | $299 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $199 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,296 |
| All other expenses | $53 |
| Total functional expenses | $1,170,164 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $927,258 |
| Savings and temporary cash investments | $416,907 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $955 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,345,120 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,297,998 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $26,153 |
| Total liabilities | $1,324,151 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $20,969 |
| Total liabilities and net assets/fund balances | $1,345,120 |
Grants Awarded
Over the last fiscal year, Ohio Scholarship Fund has awarded $1,076,744 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
CANTON CENTRAL CATHOLIC PURPOSE: TO FUND SCHOLARSHIPS FOR STUDENTS | $22,872 |
CHAVIVA HIGH SCHOOL PURPOSE: TO FUND SCHOLARSHIPS FOR STUDENTS | $18,420 |
CINCINNATI HEBREW DAY SCHOOL PURPOSE: TO FUND SCHOLARSHIPS FOR STUDENTS | $44,734 |
COLUMBUS TORAH ACADEMY PURPOSE: TO FUND SCHOLARSHIPS FOR STUDENTS | $169,766 |
EMMANUEL CHRISTIAN SCHOOL TOLEDO PURPOSE: TO FUND SCHOLARSHIPS FOR STUDENTS | $5,361 |
GROSS SCHECHTER DAY SCHOOL PURPOSE: TO FUND SCHOLARSHIPS FOR STUDENTS | $94,166 |