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Nonprofiteer
← BLUE SCHOLARS INITIATIVE INC

Form 990 for tax year 2024

Filed by BLUE SCHOLARS INITIATIVE INC.

Totals

Total revenue
$284,046
Total expenses
$192,861
Contributions and grants received
$284,046
Grants paid
$0
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$187,363
Total liabilities, end of year
$22,475
Net assets or fund balances, end of year
$164,888
Program services expenses (Part IX)
$0
Management and general expenses
$192,861
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $284,046

  • 8c · Net income from fundraising events

    total $0

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $93,674 · management and general $93,674

  • 11a · Fees: management

    total $2,492 · management and general $2,492

  • 12 · Advertising and promotion

    total $264 · management and general $264

  • 13 · Office expenses

    total $3,915 · management and general $3,915

  • 16 · Occupancy

    total $2,001 · management and general $2,001

  • 17 · Travel

    total $595 · management and general $595

  • 19 · Conferences, conventions and meetings

    total $35,961 · management and general $35,961

  • 23 · Insurance

    total $2,083 · management and general $2,083

  • 24a · Other expenses: BANK FEES

    total $396 · management and general $396

  • 24b · Other expenses: CHARTER EXPENSE

    total $49,804 · management and general $49,804

  • 24c · Other expenses: DUES & SUBSCRIPTIONS

    total $1,489 · management and general $1,489

  • 24d · Other expenses: BUSINESS MEALS

    total $187 · management and general $187

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $72,727 · end of year $184,863

  • 4 · Accounts receivable

    beginning of year $2,401 · end of year $2,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,423 · end of year $22,475

  • 31 · Retained earnings, endowment or other funds

    beginning of year $73,705 · end of year $164,888

Mission and programs · 2024

Mission

The mission of Blue Scholars is to engage, educate and empower student through hands-on marine science education

Activities or mission (Part I)

THE MISSION OF BLUE SCHOLARS IS TO ENGAGE EDUCATE AND EMPOWER STUDENTS THROUGH HANDSON MARINE SCIENCE EDUCATION

  • TO ENGAGE, EDUCATE AND EMPOWER STUDENTS THROUGH HANDS-ON MARINE SCIENCE EDUCATION TO FOSTER A CONNECTION TO THE OCEAN

As filed on the 2024 return.

Listed in Part VII

  • Adam Steckley

    OPERATIONS DIRECTOR

    Total calculated
    $63,206
    From this org
    $63,206
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Meredith Bass

    PROGRAM DIRECTOR

    Total calculated
    $30,468
    From this org
    $30,468
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • Alejandro Brito

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Doug Brown

    CHIEF DEVELOPMENT OFFI

    Total calculated
    $0
    Hours/week
    0

  • Jody Drulard

    CFO

    Total calculated
    $0
    Hours/week
    2

  • Alan Brown

    BOD OFFICER

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
3 April 2025
IRS schema version
2024v5.1
Source object
202530939349300123

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