Ruby N Jones Community Scholarship Fund
- Assets
- $128.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oberlin, OH
- Founding
- 09/2014
- Data as of
- 06/2021
- EIN
- 30-0734738
Organization Overview
Ruby N Jones Community Scholarship Fund is located in Oberlin, OH. The organization was established in 2014. 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. Ruby N Jones Community Scholarship Fund 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 06/2021, Ruby N Jones Community Scholarship Fund generated $35.4k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $31.1k during the year ending 06/2021. While expenses have increased by 7.2% per year over the past 6 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
AWARDED 4 $10,000 SCHOLARSHIPS TO COLLEGE BOUND HIGH SCHOOL SENIORS, $40,000 LESS SCHOLAARSHIPS FORFEITED, $10,500, NET PROGRAM SERVICE EXPENSE $29500
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Farah Emeka Chair | 2 | $0 | |
Phyllis Yarber Hogan Secretary | 2 | $0 | |
Brittany Lovett Vice Chair | 1 | $0 | |
William E Jackson II Treasurer | 2 | $0 | |
Stephen Chavez Board Member | 1 | $0 | |
Desmond Bowen Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $35,138 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $260 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $35,398 |
| 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 | $100 |
| Occupancy, rent, utilities, and maintenance | $625 |
| Printing, publications, postage, and shipping | $441 |
| Other expenses | $384 |
| Total expenses | $31,050 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $117,834 |
| Other assets | $0 |
| Total assets | $128,550 |
| Total liabilities | $79,000 |
| Net assets or fund balances | $49,550 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ruby N Jones Community Scholarship Fund has recieved totaling $35.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $35 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewell Educational Fund Owosso, MI | $398,993,901 | $18,985,075 |
Lola G Duff & William Duff Ii Scholarship Fund Pittsburgh, PA | $108,136,539 | $9,727,539 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Perkins Malo Hunter Foundation Holland, MI | $51,295,166 | -$331,905 |
Thompson Foundation Plymouth, MI | $5,518,000 | $2,844,461 |
Independence Foundation Philadelphia, PA | $78,719,217 | $2,815,934 |
The Endowment Fund Of The Phi Kappa Psi Fraternity Indianapolis, IN | $26,119,752 | $5,253,152 |
Beta Theta Pi Foundation Oxford, OH | $33,085,697 | $6,703,723 |
Addison Gibson Foundation Pittsburgh, PA | $46,529,076 | $11,633,912 |
Cardinal Health Foundation Dublin, OH | $40,394,329 | $2,713,784 |
Say Yes Cleveland Scholarship Inc Cleveland, OH | $89,649,014 | $4,775,644 |
Pittsburgh Jewish Educational Improvement Foundation Pittsburgh, PA | $252,999 | $3,355,550 |