North Carolina Educational Scholarship Fund Inc
- Assets
- $162.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Pinehurst, NC
- Founding
- 12/2006
- Data as of
- 12/2022
- EIN
- 20-2227646
Organization Overview
North Carolina Educational Scholarship Fund Inc is located in Pinehurst, NC. The organization was established in 2006. 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. North Carolina Educational 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 12/2022, North Carolina Educational Scholarship Fund Inc generated $106.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $103.0k during the year ending 12/2022. 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
TO FUND ACADEMIC SCHOLARSHIPS FOR THE YOUNG PEOPLE IN THE STATE OF NORTH CAROLINA TO PURSUE POST-SECONDARY EDUCATION TRADE AND TECHNICAL STUDIES, UNDERGRADUATE STUDIES AND GRADUATE STUDIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
L Mcneil Chestnut President & | 0 | $0 | |
David Clegg Director/sec | 0 | $0 | |
Jennifer Vaden Barth Director | 0 | $0 | |
C Wayne Hicks Vice Pres, T | 0 | $0 | |
Dana Stephenson Dixon Director | 0 | $0 | |
Julie Caulde Fields ESQ Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $94,235 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $77 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $11,836 |
| Other Revenue | $0 |
| Total Revenue | $106,148 |
| 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 | $825 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $177 |
| Other expenses | $9,855 |
| Total expenses | $102,978 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $162,884 |
| Other assets | $0 |
| Total assets | $162,884 |
| Total liabilities | $0 |
| Net assets or fund balances | $162,884 |