Rbpa Scholarship Fund Inc
- Assets
- $41.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Portland, ME
- Founding
- 10/2003
- Data as of
- 06/2018
- EIN
- 04-3390243
Organization Overview
Rbpa Scholarship Fund Inc is located in Portland, ME. The organization was established in 2003. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rbpa Scholarship Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2018, Rbpa Scholarship Fund Inc generated $7.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $6.8k during the year ending 06/2018. As we would expect to see with falling revenues, expenses have declined by (16.6%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2018
Describe the Organization's Program Activity:
Part 3
TO BENEFIT DESERVING STUDENTS BY GRANTING SCHOLARSHIPS TO INDIVIDUALS ENROLLED IN AN ACCREDITED PROGRAM AND TO ENHANCE SELF-ESTEEM; TO RECOGNIZE AND FOSTER DIVERSITY AND TO REWARD AND SUPPORT SENSITIVITY TO HUMAN RIGHTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Sullivan Secretary | 1 | $0 | |
Mitchell Rosengarten President | 1 | $0 | |
Kelly Maines Director | 0 | $0 | |
Andrew Newman Treasurer | 1 | $0 | |
Michael Snell Director | 0 | $0 | |
Cathleen Campbell Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,205 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,475 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,680 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $446 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $400 |
| Total expenses | $6,846 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,462 |
| Other assets | $0 |
| Total assets | $41,462 |
| Total liabilities | $0 |
| Net assets or fund balances | $41,462 |