SCHOLARS FIRSTClosed
Closed
Income Statement
Fiscal Year Start:
Jan 1
Closed
This organization closed in 2019. It filed a final 990 indicating termination and no longer appears as active in IRS records, as it is absent from the EO Business Master File and Pub78 List.
Revenues in 2019
$57,344
Contributions
68%
Investments
23%
Other
10%
Government Grants
0%
Fundraising Events
0%
Program Services
0%
Membership Dues
0%
Expenses in 2019
$217,303
Grants
74%
Fees to Service Providers
26%
Other
<1%
Benefits to Members
0%
Salaries & Benefits
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Interest
0%
Depreciation
0%
Revenues
2018
2019
Change
Contributions
$594,880
$38,713
-93%
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$0
$0
-
Membership Dues
$0
$0
-
Investments
$25,455
$13,102
-49%
Other
$8,160
$5,529
-32%
Total Revenues
$628,495
$57,344
-91%
Expenses
2018
2019
Change
Grants
$410,822
$160,561
-61%
Benefits to Members
$0
$0
-
Salaries & Benefits
$0
$0
-
Fees to Service Providers
$48,172
$56,617
+18%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$0
$0
-
Depreciation
$0
$0
-
Other
$1,110
$125
-89%
Total Expenses
$460,104
$217,303
-53%
Net income
2018
2019
Change
Net income
+$168,391
-$159,959
-195%
Functional Expenses
Summary
2018
2019
Change
Program
$446,974
$197,352
-56%
Admin
$13,130
$19,951
+52%
Fundraising
$0
$0
-
Total Expenses
$460,104
$217,303
-53%
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