Ray Price Scholarship Foundation is located in South Holland, IL. The organization was established in 2001. 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. Ray Price 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 12/2022, Ray Price Scholarship Foundation generated $26.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.8% each year . All expenses for the organization totaled $7.2k during the year ending 12/2022. 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
TO PROVIDE ACADEMIC OR VOCATIONAL SCHOLARSHIPS TO QUALIFIED GRADUATES OF ILLINOIS SCHOOL DISTRICT 205
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ken Wendorff Trustee | 0 | $0 | |
Janis Price Trustee | 0 | $0 | |
Kevin Connor Trustee | 0 | $0 | |
Dwayne Bearden Trustee | 0 | $0 | |
Charissa Berrini Trustee | 0 | $0 | |
Katherine Metro Craig Treasurer | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $25,631 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $820 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $26,451 |
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 | $1,835 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,384 |
Total expenses | $7,219 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $126,882 |
Other assets | $0 |
Total assets | $126,882 |
Total liabilities | $24,471 |
Net assets or fund balances | $102,411 |
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