Ruby N Jones Community Scholarship Fund
- Assets
- $153.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Oberlin, OH
- Founding
- 09/2014
- Data as of
- 06/2022
- 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 06/2022, Ruby N Jones Community Scholarship Fund generated $51.0k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $48.7k during the year ending 06/2022. While expenses have increased by 19.2% per year over the past 5 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
2022
Describe the Organization's Program Activity:
Part 3
AWARDED 5 $10,000 SCHOLARSHIPS TO COLLEGE BOUND HIGH SCHOOL SENIORS, $50,000 LESS SCHOLARSHIPS FORFEITED, $3,000, NET PROGRAM SERVICE EXPENSE $47,000
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Farah Emeka Chair | 2 | $0 | |
Brittany Lovett Vice Chair | 2 | $0 | |
Laura Irvin Secretary | 2 | $0 | |
William E Jackson II Treasurer | 2 | $0 | |
Desmond Bowen Board Member | 1 | $0 | |
Stephen Chavez Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $49,288 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $281 |
| Gain or Loss | $1,455 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $51,024 |
| 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 | $669 |
| Printing, publications, postage, and shipping | $532 |
| Other expenses | $536 |
| Total expenses | $48,737 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $141,629 |
| Other assets | $0 |
| Total assets | $152,950 |
| Total liabilities | $103,750 |
| Net assets or fund balances | $49,200 |