Ned Scholars
- Assets
- $14.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Troy, MI
- Founding
- 07/2015
- Data as of
- 12/2021
- EIN
- 47-3624423
Organization Overview
Ned Scholars is located in Troy, MI. The organization was established in 2015. 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. Ned Scholars 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 12/2021, Ned Scholars generated $113.6k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $122.4k during the year ending 12/2021. While expenses have increased by 16.6% per year over the past 4 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Azhar Islam Tresurer | 0 | $0 | |
Shahid Hussain Secretary | 0 | $0 | |
Muhammad Sohail Ahmed President | 0 | $0 | |
Syed Azmat Khusro Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,630 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $113,632 |
| 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 | $2,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $86 |
| Other expenses | $2,513 |
| Total expenses | $122,436 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $14,218 |
| Other assets | $0 |
| Total assets | $14,218 |
| Total liabilities | $0 |
| Net assets or fund balances | $14,218 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Ned Scholars has recieved totaling $12,888.
| Awarding Organization | Amount |
|---|---|
Qazi Foundation Southfield, MI PURPOSE: STEM EDUCATION IN PAKISTAN | $7,500 |
Paypal Charitable Giving Fund Washington, DC PURPOSE: General Support | $5,337 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $51 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Richard U Light Foundation Kalamazoo, MI | $629,730 | $25,417,215 |
Skillman Foundation Detroit, MI | $412,503,854 | $53,699,386 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Kalamazoo Promise Kalamazoo, MI | $7,251,327 | $23,596,440 |
College Now Greater Cleveland Inc Cleveland, OH | $24,271,314 | $18,465,003 |
Knowledgeworks Foundation Cincinnati, OH | $34,010,195 | $7,717,304 |
Ruth Mott Foundation Flint, MI | $290,091,185 | $30,117,543 |
Jewell Educational Fund Owosso, MI | $398,993,901 | $18,985,075 |
Pleasant T Rowland Foundation Brookfield, WI | $94,312,384 | $11,804,849 |
Perkins Malo Hunter Foundation Holland, MI | $51,295,166 | -$331,905 |
Thompson Foundation Plymouth, MI | $5,518,000 | $2,844,461 |