Overview

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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.

Est.

2013

Latest Fiscal Year

Not available

Organization Type

Grantseeker

990s

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2019
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2018
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2017
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AI Summary

SCHOLARS FIRST is an education-focused nonprofit with a mission to help worthy children, especially those who are at-risk and disadvantaged, obtain the education they need to become independent, productive, and contributing members of society. In filing year 2019, it operated on a modest scale with an operating budget of $56.7K and total revenue of $57.3K, and its reported top funders included NOBBS FAMILY FOUNDATION, THE DEVTO SUPPORT FOUNDATION, 2003 EAGLE FOUNDATION, LINDA I SMITH FOUNDATION, and DAVID BUNTZMAN FOUNDATION.

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Mission Statement

THE MISSION OF SCHOLARS FIRST IS TO ENABLE WORTHY CHILDREN, ESPECIALLY THOSE AT-RISK AND (CON SCH O) DISADVANTAGED, TO OBTAIN THE EDUCATION THEY NEED IN ORDER TO BECOME INDEPENDENT, PRODUCTIVE AND CONTRIBUTING MEMBERS OF SOCIETY.

Cause Areas

1
Education
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Financials

2019
Revenues
$57.3K
Expenses
$217.3K
Net Income:
-$160K
Assets
$0
Liabilities
$0
Net Assets:
+$0

Financial Trends

2019
Operating Budget
$56.7K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Top Funders

Funder
Total Funding
Funding Share
NOBBS FAMILY FOUNDATION
San Diego, CA, US
$1.2M
27%
THE DEVTO SUPPORT FOUNDATION
Newport Beach, CA, US
$20K
< 1%
2003 EAGLE FOUNDATION
NEWPORT BEACH, CA, US
$20K
15%

Grants Received

2019
Total No. of Grants
3
Median grant size
$10K
Largest grant received
$100K

Board & Team

B
Bruce M Smiley
Board Member
L
Lisa Rumbaugh
Board Member
D
Donald Dahl
Board Member
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  • 7 funders
  • 15 board & team members
  • 6 historic 990s & financials
  • 6-year operating budget trend
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Frequently Asked Questions

What is SCHOLARS FIRST’s budget?
In 2019, SCHOLARS FIRST reported an annual operating budget of around $57 thousand. More detailed financial information is available to registered users.
What causes does SCHOLARS FIRST support?
SCHOLARS FIRST supports work in Education.
Where does SCHOLARS FIRST operate?
SCHOLARS FIRST is headquartered in IRVINE, CA.
Who funded SCHOLARS FIRST recently?
In 2019, SCHOLARS FIRST received grants from NOBBS FAMILY FOUNDATION, THE DEVTO SUPPORT FOUNDATION, and LINDA I SMITH FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant SCHOLARS FIRST received in 2019?
The largest grant to SCHOLARS FIRST in 2019 exceeds $100 thousand.