Zocc Scholarship Foundation
- Assets
- $210.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 02/2011
- Data as of
- 12/2021
- EIN
- 27-1584804
Organization Overview
Zocc Scholarship Foundation is located in Greensboro, NC. The organization was established in 2011. 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. Zocc 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 12/2021, Zocc Scholarship Foundation generated $32.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 48.0% each year . All expenses for the organization totaled $29.7k during the year ending 12/2021. While expenses have increased by 29.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Program Activity:
Part 3
RAISE MONEY BY CONTRIBUTIONS TO PROVIDE SCHOLARSHIPS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Harris President And Sec | 1 | $0 | |
Hyde Choate Board Member | 1 | $0 | |
Robert Edwards V Pres And Treasurer | 1 | $0 | |
Norman Bledsoe Executive Director | 2 | $0 | |
William Groves Board Member | 1 | $0 | |
Jonathan Fender Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,200 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $18,407 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $32,607 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $0 |
| Total expenses | $29,700 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $210,529 |
| Other assets | $0 |
| Total assets | $210,529 |
| Total liabilities | $100,000 |
| Net assets or fund balances | $110,529 |
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National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Laura Holland Uzzell Foundation Morrisville, NC | $14,769,987 | $6,660,101 |
Alef Fund Inc Atlanta, GA | $10,107,377 | $6,194,898 |
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Chi Omega Foundation Memphis, TN | $45,483,838 | $7,373,045 |
University Of West Georgia Foundation Inc Carrollton, GA | $86,140,941 | $10,389,838 |
Memphis Teacher Residency Inc Memphis, TN | $5,540,031 | $6,575,161 |
South Carolina Educational Credit For Exceptional Needs Children Fun Columbia, SC | $1,181,238 | $5,546,279 |
Coca-Cola Scholars Foundation Inc Atlanta, GA | $71,605,468 | $31,599,185 |