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THE CENTRAL SCHOLARSHIP BUREAU INC

EIN 52-6012589 OWINGS MILLS, MD

Revenue 2023
$1,613,952
Expenses 2023
$1,944,726

Program services were 76.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
Classification
1000
Street
6 PARK CENTER CT STE 211

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

Mission

THE CENTRAL SCHOLARSHIP BUREAU, INC. (ORGANIZATION) IS A MARYLAND NON-STOCK NOT-FOR-PROFIT ORGANIZATION THAT HELPS MARYLANDERS FULFILL THEIR DREAMS OF PURSUING HIGHER EDUCATION BY MAKING HIGHER EDUCATION MORE AFFORDABLE. (CONTINUED IN SCHEDULE O)THE ORGANIZATION AWARDS NEED-BASED SCHOLARSHIPS AND INTEREST-FREE LOANS TO HIGH-PERFORMING STUDENTS THROUGHOUT MARYLAND, OFFERS COLLEGE CASH FINANCIAL EDUCATION SEMINARS TO STUDENTS AND PARENTS TO HELP THEM BECOME MORE INFORMED HIGHER EDUCATION CONSUMERS AND ADVOCATES FOR LEGISLATION THAT MAKES HIGHER EDUCATION MORE AFFORDABLE FOR ALL MARYLANDERS.

Activities or mission (Part I)

TO HELP MARYLANDERS FULFILL THEIR DREAMS OF PURSUING HIGHER EDUCATIONBY MAKING HIGHER EDUCATION MORE AFFORDABLE.

  • CENTRAL SCHOLARSHIP (CS) PROVIDES NEED-BASED SCHOLARSHIPS FOR HIGH-PERFORMING STUDENTS PURSUING UNDERGRADUATE, GRADUATE AND PROFESSIONAL DEGREES. FOR MOST PROGRAMS, STUDENTS ARE ELIGIBLE FOR UP TO $11,000 PER YEAR IN ASSISTANCE FOR POST-SECONDARY EDUCATION. DURING THE FISCAL YEAR ENDED JUNE 30, 2024, CS PROCESSED NEARLY 3,835 APPLICATIONS AND AWARDED 185 SCHOLARSHIPS TO STUDENTS.CS PROVIDES GRANTS FOR DEGREE AND CAREER TRAINING CERTIFICATE PROGRAMS, AND CS PROVIDES THE OPPORTUNITY FOR STUDENTS RECEIVING FUNDING FOR DEGREE PROGRAMS WITH EMERGENCY GRANTS FOR NON-EDUCATION EXPENSES. EXAMPLES OF SUCH EXPENSES INCLUDE MEDICAL BILLS, TRANSPORTATION EMERGENCIES, OR REPLACEMENT OF ESSENTIAL BELONGINGS AFTER THEFT OR FIRE. DURING THE FISCAL YEAR ENDING ON JUNE 30, 2024, CS MADE EMERGENCY GRANTS TO 8 STUDENTS TOTALING $9,196. CAREER-TRAINING SCHOLARSHIPS ARE AVAILABLE FOR FIELDS WHERE THERE IS A VERIFIED WORKFORCE DEMAND, AN OPPORTUNITY TO EARN A LIVING WAGE, RECOGNIZED CREDENTIALS UPON PROGRAM COMPLETION AND A PATH FOR CAREER ADVANCEMENT. STUDENTS ARE QUALIFIED BASED ON FINANCIAL NEED, WITH PREFERENCE GIVEN TO BALTIMORE CITY RESIDENTS. DURING THE FISCAL YEAR ENDING ON JUNE 30, 2024, CS AWARDED CAREER-TRAINING SCHOLARSHIPS TO 26 STUDENTS.

    Expenses $1,205,711 · Grants $743,758

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $169,608

  • CS'S STUDENT AWARDS CEREMONY RECOGNIZES SCHOLARSHIP RECIPIENTS FOR THE CURRENT YEAR. PAST RECIPIENTS WHO HAVE GRADUATED ARE INVITED TO APPLY FOR THE LOAN PAYDOWN AWARD, WHICH PROVIDES ONE RANDOMLY DRAWN STUDENT UP TO $30,000 FOR UNDERGRADUATE STUDENT DEBT RELIEF (NOT INCLUDING LOANS FROM CS).

    Expenses $105,219

  • COLLEGE CASH IS A FINANCIAL EDUCATION SERIES OFFERED AS A FREE PUBLIC SERVICE THAT HELPS STUDENTS AND PARENTS NAVIGATE THE COMPLEX FINANCIAL OPTIONS AVAILABLE TO COLLEGE-BOUND STUDENTS. THE GOAL IS TO ENSURE STUDENTS AND PARENTS MAKE INFORMED ECONOMIC CHOICES WHEN SELECTING A COLLEGE. THE ADVOCACY PROGRAM CONTINUES TO FOCUS ON SCHOLARSHIP AWARD DISPLACEMENT, WHICH HAPPENS WHEN COLLEGES REDUCE THEIR INSTITUTIONAL SCHOLARSHIP AFTER A STUDENT RECEIVES A PRIVATE SCHOLARSHIP. MARYLAND WAS THE FIRST STATE TO BAN SCHOLARSHIP DISPLACEMENT FOR ALL MARYLAND SYSTEM COLLEGES IN 2017. CS ALSO HAS SIGNED AGREEMENTS WITH 13 PRIVATE COLLEGES IN MARYLAND THAT AGREED NOT TO DISPLACE PRIVATE SCHOLARSHIPS ISSUED BY CENTRAL SCHOLARSHIP.

  • SCHOLARSHIP ADMINISTRATION-IN ORDER TO COVER OPERATING SERVICES, CENTRAL SCHOLARSHIP CHARGES A SMALL PERCENTAGE TO COVER THE MANAGEMENT OF 80 SCHOLARSHIPS IN OUR PORTFOLIO.

    Revenue $10,000

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • JERRY FOCAS

    PAST BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • RUSS CAUSEY

    PAST BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • DAVID ROTHSCHILD

    BOARD CHAIR

    Total calculated
    $0
    Hours/week
    2

  • TIM REDMOND

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • MOLLY SHOCK

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL WARD

    PAST BOARD CHAIR

    Total calculated
    $0
    Hours/week
    1

  • JEAN WYMAN

    SECRETARY UNTIL SEP 2023

    Total calculated
    $0
    Hours/week
    2

  • LIZ BLOCK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SUSAN SILBERMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MICHAEL DAVENPORT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRUCE ROSENBERG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAVID FISHMAN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • ARNOLD FRUMAN

    DIRECTOR UNTIL SEP 2023

    Total calculated
    $0
    Hours/week
    1

  • TIERRA A DORSEY

    PRESIDENT

    Total calculated
    $165,100
    From this org
    $154,333
    From related orgs
    $0
    Other
    $10,767
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $154,333
    Bonus
    $0
    Other
    $0
    Deferred
    $9,867
    Nontaxable benefits
    $900
    Filer's total
    $165,100

  • DAVID DANEMAN

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • LEAH DAVIDGE

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • DAVID LEVY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • KASHAY WEBB

    SECRETARY AS OF OCT 2023

    Total calculated
    $0
    Hours/week
    1

  • JAMES COLE ABRAMS

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BARBARA SUGARMAN GROCHAL

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • MYRA NORTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

  • 2023
    Revenue
    $1,613,952
    Expenses
    $1,944,726
    Contributions
    $1,231,779
    Grants paid
    $743,758
  • 2022
    Revenue
    $2,276,776
    Expenses
    $1,896,034
    Contributions
    $2,047,120
    Grants paid
    $673,676

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $1,811,840
    Expenses
    $1,770,406
    Assets (EOY)
    $11,833,358

  • 2021 · 990

    Revenue
    $1,811,840
    Expenses
    $1,772,678
    Assets (EOY)
    $11,833,358

  • 2021 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2021 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2020 · 990

    Revenue
    $1,887,569
    Expenses
    $1,745,761
    Assets (EOY)
    $13,449,299

  • 2020 · 990-T

    Revenue
    not reported
    Expenses
    not reported
    Assets (EOY)
    not reported

  • 2019 · 990

    Revenue
    $1,318,439
    Expenses
    $1,964,085
    Assets (EOY)
    $12,404,066

  • 2018 · 990

    Revenue
    $1,879,066
    Expenses
    $2,206,956
    Assets (EOY)
    $12,838,016

  • 2017 · 990

    Revenue
    $3,053,653
    Expenses
    $2,071,210
    Assets (EOY)
    $12,875,990

  • 2016 · 990

    Revenue
    $3,034,971
    Expenses
    $1,899,217
    Assets (EOY)
    $11,635,222

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

The 10 largest by cash amount. The API serves every itemized grant.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related corporations and trusts on its 2023 return

  • LAYDON PARK INC

    C · RENTAL REAL ESTATE · MD · 70% owned · share of income $89,704 · share of assets $336,132 · controlled entity

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 13 October 2026, under deductibility PC.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 29 October 2026, for every organization at once. Returns through tax year 2023, the newest we have parsed for this organization.