Form 990 for tax year 2022
Filed by SCHOLARSHIP FOUNDATION OF SOUTHWEST GEORGIA INC.
Totals
- Total revenue
- $89,511
- Total expenses
- $58,607
- Contributions and grants received
- $80,580
- Grants paid
- $39,736
- Program service revenue
- $0
- Investment income
- $8,931
- Other revenue
- $0
- Total assets, end of year
- $2,809,592
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $2,809,592
- Program services expenses (Part IX)
- $48,035
- Management and general expenses
- $10,572
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $48,035
Program services were 82.0% 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
$80,580
-
3 · Investment income
total $8,931 · excluded $8,931
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $39,736 · program services $39,736
-
11c · Fees: accounting
total $8,515 · management and general $8,515
-
11f · Fees: investment management
total $2,630 · program services $2,630
-
11g · Fees: other
total $2,440 · program services $1,940 · management and general $500
-
12 · Advertising and promotion
total $1,230 · program services $1,230
-
13 · Office expenses
total $582 · management and general $582
-
19 · Conferences, conventions and meetings
total $2,499 · program services $2,499
-
23 · Insurance
total $975 · management and general $975
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $12,934 · end of year $36,496
-
11 · Investments: publicly traded securities
beginning of year $2,605,321 · end of year $2,773,096
-
27 · Net assets without donor restrictions
beginning of year $2,618,255 · end of year $2,809,592
Mission and programs · 2022
Mission
TO PROVIDE COLLEGE SCHOLARSHIPS AND OTHER COLLEGE RELATED PROGRAMS NOT FUNDED BY THE STATE OF GEORGIA.
-
TO RECOGNIZE STUDENTS, FACULTY & STAFF THROUGH AWARDS AND SCHOLARSHIPS.
Expenses $8,299
-
AWARD FUNDS TO A COLLEGE FOUNDATION AND TECHNICAL SCHOOL FOUNDATION FOR SCHOLARSHIP PROGRAMS TO ASSIST STUDENT SCHOLARSHIPS IN OUR REGION OF THE STATE.
Expenses $39,736 · Grants $39,736
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
William BurkeWILLIAM BURKE
CHAIRMAN
- Total calculated
- $0
-
Erwin HarrellERWIN HARRELL
BOARD MEMBER
- Total calculated
- $0
-
Charles KirboCHARLES KIRBO
BOARD MEMBER
- Total calculated
- $0
-
Michael KirklandMICHAEL KIRKLAND
SECRETARY
- Total calculated
- $0
-
Jack LeverettJACK LEVERETT
BOARD MEMBER
- Total calculated
- $0
-
Bruce MannBRUCE MANN
TREASURER
- Total calculated
- $0
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
-
$21,836
SCHOLARSHIPS
-
$17,900
SCHOLARSHIPS
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 February 2025
- IRS schema version
- 2022v5.0
- Source object
- 202530449349300948
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