Rosa L Parks Scholarship Foundation Inc
- Assets
- $224.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- White Lake, MI
- Founding
- 07/1982
- Data as of
- 04/2023
- EIN
- 38-2339613
Organization Overview
Rosa L Parks Scholarship Foundation Inc is located in White Lake, MI. The organization was established in 1982. 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. Rosa L Parks Scholarship Foundation 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 04/2023, Rosa L Parks Scholarship Foundation Inc generated $127.1k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $127.5k during the year ending 04/2023. While expenses have increased by 2.8% per year over the past 8 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
2023
Describe the Organization's Program Activity:
Part 3
GRANTED FIRST YEAR COLLEGE SCHOLARSHIPS OF $2,000 TO 37 HIGH SCHOOL SENIORS GRADUATING FROM MICHIGAN HIGH SCHOOLS WHO MAINTAINED A GRADE POINT AVERAGE OF AT LEAST 2.5 AND DEMONSTRATED OUTSTANDING LEADERSHIP ABILITY AND INVOLVEMENT IN COMMUNITY SERVICE AND SCHOOL ACTIVITIES..
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kim Trent Past President | 2 | $0 | |
James Rosenfeld President | 2 | $0 | |
Marcia Hart Secretary | 4 | $0 | |
Terri Barnett Coleman Treasurer | 4 | $0 | |
Danielle Mcguire Trustee | 1 | $0 | |
Luther Keith Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $127,079 |
| 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 | $127,079 |
| 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 | $53,523 |
| Total expenses | $127,523 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $224,619 |
| Other assets | $0 |
| Total assets | $224,619 |
| Total liabilities | $0 |
| Net assets or fund balances | $224,619 |