Form 990 for tax year 2024
Filed by ST GEORGES SCHOLAR INSTITUTE INC.
Totals
- Total revenue
- $512,494
- Total expenses
- $576,436
- Contributions and grants received
- $506,206
- Grants paid
- $0
- Program service revenue
- $12,684
- Investment income
- $0
- Other revenue
- -$6,396
- Total assets, end of year
- $31,676
- Total liabilities, end of year
- $96,197
- Net assets or fund balances, end of year
- -$64,521
- Program services expenses (Part IX)
- $438,310
- Management and general expenses
- $102,790
- Fundraising expenses
- $35,336
- Program service expenses (Part III)
- $438,310
Program services were 76.0% 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.
-
1e · Government grants (contributions)
$240,850
-
1f · All other contributions, gifts and grants
$265,356
-
2a · Program service revenue: SUMMER PROGRAM
total $10,247 · related or exempt $10,247
-
2b · Program service revenue: COLLEGE TOUR PAYMENTS
total $2,437 · related or exempt $2,437
-
8a · Fundraising events: gross income
$18,488
-
8b · Fundraising events: direct expenses
$25,034
-
8c · Net income from fundraising events
total -$6,546
-
11a · Other revenue: MISC INCOME
total $150 · excluded $150
-
11e · Other revenue, total
$150
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $72,265 · program services $72,265
-
7 · Other salaries and wages
total $135,513 · program services $83,569 · management and general $37,400 · fundraising $14,544
-
9 · Other employee benefits
total $7,350 · program services $5,512 · management and general $1,323 · fundraising $515
-
10 · Payroll taxes
total $16,554 · program services $12,415 · management and general $2,980 · fundraising $1,159
-
11g · Fees: other
total $85,413 · program services $64,060 · management and general $15,374 · fundraising $5,979
-
12 · Advertising and promotion
total $4,452 · program services $1,781 · management and general $445 · fundraising $2,226
-
13 · Office expenses
total $22,970 · program services $10,585 · management and general $8,150 · fundraising $4,235
-
14 · Information technology
total $9,800 · management and general $6,862 · fundraising $2,938
-
16 · Occupancy
total $3,416 · management and general $3,416
-
19 · Conferences, conventions and meetings
total $178 · fundraising $178
-
22 · Depreciation, depletion and amortization
total $10,003 · management and general $10,003
-
23 · Insurance
total $13,651 · management and general $13,651
-
24a · Other expenses: PROGRAM EXPENSES
total $180,672 · program services $180,672
-
24b · Other expenses: VEHICLE EXPENSES
total $8,932 · program services $6,699 · management and general $1,608 · fundraising $625
-
24c · Other expenses: GRANT WRITER EXPENSE
total $2,937 · fundraising $2,937
-
24d · Other expenses: STORAGE UNIT
total $1,356 · management and general $1,356
-
24e · All other expenses
total $974 · program services $752 · management and general $222
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $57,310 · end of year $2,825
-
10a · Land, buildings and equipment: cost or other basis
$63,096
-
10b · Land, buildings and equipment: accumulated depreciation
$31,099
-
10c · Land, buildings and equipment, net
beginning of year $41,975 · end of year $31,997
-
15 · Other assets
beginning of year $1,382 · end of year -$3,146
-
17 · Accounts payable and accrued expenses
end of year -$4,553
-
23 · Secured mortgages and notes payable
beginning of year $100,000 · end of year $100,000
-
24 · Unsecured notes and loans payable
end of year $750
-
27 · Net assets without donor restrictions
beginning of year $667 · end of year -$64,521
Mission and programs · 2024
Mission
TO EMBRACE, EDUCATE, AND EMPOWER YOUTH IN LOUISVILLE, KENTUCKY.
-
OUR YEARS OF COMMUNITY SERVICE AT SGSI HAS HELPED US TO DEVELOP "POSSIBILITY CAMPUS" MODEL THAT REFLECTS A HOLISTIC APPROACH TO YOUTH DEVELOPMENT. THIS MODEL EMPHASIZES NOT ONLY ACADEMIC ACHIEVEMENT, BUT ALSO PERSONAL GROWTH, CREATIVITY, AND COMMUNITY CONNECTIONS THAT HELP YOUNG PEOPLE THRIVE.
Expenses $438,310 · Revenue $12,684
As filed on the 2024 return.
Listed in Part VII
-
Arthur CoxARTHUR COX
EXECUTIVE DI
- Total calculated
- $76,491
- From this org
- $72,265
- From related orgs
- $0
- Other
- $4,226
- Hours/week
- 40
-
Khris RomaineKHRIS ROMAINE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Alford BeckALFORD BECK
CHAIR
- Total calculated
- $0
- Hours/week
- 2
-
Sarah HuyckSARAH HUYCK
SECRETARY
- Total calculated
- $0
- Hours/week
- 2
-
Jerica KelsoJERICA KELSO
TREASURER
- Total calculated
- $0
- Hours/week
- 2
-
Will GreenWILL GREEN
BOARD VICE C
- Total calculated
- $0
- Hours/week
- 2
-
Abigail JoyceABIGAIL JOYCE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Cherine Carter-PicketCHERINE CARTER-PICKET
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Philip EschelsPHILIP ESCHELS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Aaron MarcusAARON MARCUS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Amanda HarrisAMANDA HARRIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Anthony AndersonANTHONY ANDERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Dr Krista Drescher-BurkeDR KRISTA DRESCHER-BURKE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 2
-
Rico VidalRICO VIDAL
BOARD MEMBER
- 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
- 15 November 2025
- IRS schema version
- 2024v5.0
- Source object
- 202543219349304959
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