Boatman King Scholarship Foundation
- Assets
- $103.0k
- Revenue
- $9.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Saint Louis, MO
- Founding
- 11/2007
- Data as of
- 12/2023
- EIN
- 20-7056864
Organization Overview
Boatman King Scholarship Foundation is located in Saint Louis, MO. The organization was established in 2007. 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. Boatman King Scholarship Foundation 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 12/2023, Boatman King Scholarship Foundation generated $9.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $13.1k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.6%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
AWARDED 4 SCHOLARSHIPS TO QUALIFYING APPLICANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth C Dothage President Trustee | 1 | $0 | |
Carl W Dothage V.pres Trustee | 1 | $0 | |
Mary Anne Hoppe Secretary Trustee | 1 | $0 | |
Wanda Clay Trustee | 1 | $0 | |
Tara Rehm Trustee | 1 | $0 | |
Mike Dothage Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,900 |
| Interest on Savings | $28 |
| Dividends & Interest | $0 |
| Net Rental Income | -$3,807 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $8,983 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $7,272 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $522 |
| Total operating and administrative expenses | $9,070 |
| Contributions, gifts, grants paid | $4,000 |
| Total expenses and disbursements | $13,070 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,571 |
| Savings and temporary cash investments | $10,028 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $726 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $83,648 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $102,973 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $18,000 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,000 |
Grants Awarded
Over the last fiscal year, Boatman King Scholarship Foundation has awarded $4,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ASRA ALBAAJ PURPOSE: SCHOLARSHIP | $1,000 |
HOLLIE BALLANTINE PURPOSE: SCHOLARSHIP | $1,000 |
SHONTREACE MORGAN PURPOSE: SCHOLARSHIP | $1,000 |
ADAM SMITH PURPOSE: SCHOLARSHIP | $1,000 |