Danny B Hicks Scholarship Inc
- Assets
- $17.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oneonta, AL
- Founding
- 09/2009
- Data as of
- 12/2019
- EIN
- 27-0681779
Organization Overview
Danny B Hicks Scholarship Inc is located in Oneonta, AL. The organization was established in 2009. 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. Danny B Hicks Scholarship 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 12/2019, Danny B Hicks Scholarship Inc generated $14.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $36.7k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
PROVIDED 24 SCHOLARSHIPS TO DESERVING HIGH SCHOOL GRADUATES ATTENDING A COLLEGE AND/OR UNIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherrie Hicks Treasurer | 0 | $0 | |
Ricky Hicks Chairman | 0 | $0 | |
Donny Hicks Director | 0 | $0 | |
Dustin T Hicks Director | 0 | $0 | |
Dreama Young Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $14,659 |
| Other Revenue | $0 |
| Total Revenue | $14,659 |
| 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 | $300 |
| Occupancy, rent, utilities, and maintenance | $360 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $36,660 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $16,993 |
| Other assets | $0 |
| Total assets | $16,993 |
| Total liabilities | $0 |
| Net assets or fund balances | $16,993 |
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