Ruffin Student Scholarship Foundation
- Assets
- $3.8m
- Revenue
- $252.0k
- Investments
- $3.3m
- Employees
- 0
- Location
- Statesboro, GA
- Founding
- 07/1998
- Data as of
- 12/2022
- EIN
- 58-6335661
Organization Overview
Ruffin Student Scholarship Foundation is located in Statesboro, GA. The organization was established in 1998. 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. Ruffin Student 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, Ruffin Student Scholarship Foundation generated $252.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.6% each year . All expenses for the organization totaled $139.8k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE SELECTED STUDENTS WITH A SCHOLARSHIP TO ATTEND GEORGIA SOUTHERN UNIVERSITY.
THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE SELECTED STUDENTS WITH A SCHOLARSHIP TO ATTEND GEORGIA SOUTHERN UNIVERSITY.
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 |
|---|---|---|---|
Darron M Burnette President | 1 | $0 | |
Chadwick P Wiggins Secretary | 1 | $0 | |
Kimberly F Barnhill Director | 1 | $0 | |
Darron M Burnette President | 1 | $0 | |
Chadwick P Wiggins Secretary | 1 | $0 | |
Kimberly F Barnhill Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,437 |
| Dividends & Interest | $111,107 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $139,463 |
| Capital Gain Net Income | $139,463 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $252,007 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,310 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $33 |
| Total operating and administrative expenses | $57,156 |
| Contributions, gifts, grants paid | $82,688 |
| Total expenses and disbursements | $139,844 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $519,357 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $5,193 |
| Total assets | $3,846,803 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |