Assist A Grad Scholarship Foundation Inc is located in Fairfield, CA. The organization was established in 1973. 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. Assist A Grad Scholarship Foundation 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 06/2022, Assist A Grad Scholarship Foundation Inc generated $113.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.4%) each year. All expenses for the organization totaled $98.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 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
SCHOLARSHIPS ARE AWARDED TO LOCAL HIGH SCHOOL GRADUATES CHOSEN BY AN AWARDS COMMITTEE, WHICH CONSISTS OF THE DONORS AND THE BOARD OF GOVERNORS. RECIPIENTS ARE CHOSEN BASED ON SCHOLASTIC ACHIEVEMENTS AND FINANCIAL NEEDS. TOTAL SCHOLARSHIPS AWARDED FOR 2021/2022 WAS 97.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jim Tomasello Vice-President | 1 | $0 | |
Rita Santos President | 1 | $0 | |
Sheri Carpenter Treasurer | 1 | $0 | |
Sheryl Scott Secretary | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $110,064 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $3 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $3,490 |
Total Revenue | $113,557 |
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 | $3,567 |
Occupancy, rent, utilities, and maintenance | $50 |
Printing, publications, postage, and shipping | $109 |
Other expenses | $1,731 |
Total expenses | $98,557 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $265,923 |
Other assets | $0 |
Total assets | $265,923 |
Total liabilities | $0 |
Net assets or fund balances | $265,923 |
Over the last fiscal year, we have identified 1 grants that Assist A Grad Scholarship Foundation Inc has recieved totaling $12,000.
Awarding Organization | Amount |
---|---|
Fairfield Community Services Foundation Fairfield, CA PURPOSE: SCHOLARSHIPS | $12,000 |
Organization Name | Assets | Revenue |
---|---|---|
Foundation For Global Sports Development Los Angeles, CA | $28,471,591 | $19,690,244 |
Ressler Gertz Foundation Encino, CA | $41,227,955 | $63,459,065 |
Basic Fund Oakland, CA | $23,987,500 | $9,637,782 |
The Roddenberry Foundation Sherman Oaks, CA | $90,372,865 | $11,204,960 |
Scholarship Foundation Of Santa Barbara Santa Barbara, CA | $64,291,323 | $9,987,149 |
Bettye Poetz Ferguson Foundation San Francisco, CA | $18,979,772 | $3,373,943 |
Arizona Private Education Scholarship Fund Inc Scottsdale, AZ | $4,340,429 | $7,500,005 |
Gilead Sciences Foundation Foster City, CA | $126,155,891 | $168,265,797 |
Draper Foundation San Mateo, CA | $195,149,192 | $78,341,825 |
School Choice Arizona Inc Chandler, AZ | $10,615,298 | $8,926,972 |
College Success Arizona Phoenix, AZ | $19,037,884 | $6,349,882 |
Orange Coast College Foundation Costa Mesa, CA | $45,211,375 | $13,270,788 |