Student Fellowship For Blacks Inc is located in Indianapolis, IN. The organization was established in 2002. 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. Student Fellowship For Blacks 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 12/2022, Student Fellowship For Blacks Inc generated $600.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (22.3%) each year. All expenses for the organization totaled $184.0 during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (32.2%) per year over the past 8 years. 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
THE ORGANIZATION WAS ABLE TO PROVIDE COLLEGE GRANTS FOR TWO STUDENTS FOR THE SPRING SEMESTER OF 2019. THE ORGANIZATION WAS ABLE TO PROVIDE A COLLLEGE GRANT FOR ONE STUDENT FOR THE FALL SEMESTER OF 2019.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Carl W Holifield President Chairman Of The Board | 5 | $0 | |
Sheridan B Decker Secretary | 2 | $0 | |
Margaret Bush Treasurer | 2 | $0 | |
Ronald L Orr Board Member | 1 | $0 | |
Steve Holifield Board Member | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $600 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $600 |
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 | $182 |
Other expenses | $2 |
Total expenses | $184 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $4,465 |
Other assets | $0 |
Total assets | $4,465 |
Total liabilities | $0 |
Net assets or fund balances | $4,465 |