The Student Sponsorship Program Of South Africa Inc
- Assets
- $62.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Dover, DE
- Founding
- 04/2002
- Data as of
- 12/2022
- EIN
- 13-4099659
Organization Overview
The Student Sponsorship Program Of South Africa Inc is located in Dover, DE. The organization was established in 2002. 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. Student Sponsorship Program Of South Africa 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 12/2022, Student Sponsorship Program Of South Africa Inc generated $5.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $15.6k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (14.0%) per year over the past 8 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
2022
Describe the Organization's Program Activity:
Part 3
APPROX. NINETY PERCENT OF FUNDS GO TOWARD TUITION, UNIFORMS, BOOKS, AND SCHOOL SUPPLIES FOR SCHOLARS ACADEMICALLY DISTINGUISHED, VERY POOR STUDENTS, AND PROVIDED SUPPORT TO ALUMNI IN COLLEGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa Clarke President | 1 | $0 | |
Jill Zimmerman Treasurer | 1 | $0 | |
Sthu Ungu Secretary | 1 | $0 | |
Debra Winter Executive Director | 2 | $3,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,009 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $5,009 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,000 |
| Professional fees and other payments to independent contractors | $1,384 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $152 |
| Other expenses | $1,076 |
| Total expenses | $15,612 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $61,235 |
| Other assets | $0 |
| Total assets | $62,072 |
| Total liabilities | $0 |
| Net assets or fund balances | $62,072 |