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Nonprofiteer
← SCHOLARCHIPS INC

Form 990 for tax year 2022

Filed by SCHOLARCHIPS INC.

Totals

Total revenue
$261,153
Total expenses
$375,206
Contributions and grants received
$261,153
Grants paid
$105,968
Program service revenue
$0
Investment income
$0
Other revenue
$0
Total assets, end of year
$405,793
Total liabilities, end of year
$9,326
Net assets or fund balances, end of year
$396,467
Program services expenses (Part IX)
$295,534
Management and general expenses
$59,807
Fundraising expenses
$19,865
Program service expenses (Part III)
$295,534

Program services were 78.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Yasmine Arrington

    Founder and Executive Directo

    Total calculated
    $99,342
    From this org
    $92,503
    From related orgs
    $0
    Other
    $6,839
    Hours/week
    40
  • Natalie Eisner

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Stephanie Cummings Carr

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Robert Mayo

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Alex Hollingsworth

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Karen Addis

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Andranae Nelson

    Board Member

    Total calculated
    $0
    Hours/week
    2
  • Chris Magnuson

    Board Chair

    Total calculated
    $0
    Hours/week
    7
  • Miyesha Perry

    Vice Chair

    Total calculated
    $0
    Hours/week
    2
  • Scott Rechler

    Treasurer

    Total calculated
    $0
    Hours/week
    2
  • Raynna Nkwanyuo

    Secretary

    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
2022
Filed
10 May 2024
IRS schema version
2022v5.0
Source object
202441319349303994

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