Hollywood Florida Scholarship Foundation Inc
- Assets
- $284.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hollywood, FL
- Founding
- 03/1965
- Data as of
- 07/2022
- EIN
- 59-1057332
Organization Overview
Hollywood Florida Scholarship Foundation Inc is located in Hollywood, FL. The organization was established in 1965. 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. Hollywood Florida 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 07/2022, Hollywood Florida Scholarship Foundation Inc generated $9.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (23.2%) each year. All expenses for the organization totaled $68.7k during the year ending 07/2022. 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
THE PROGRAM IS DESIGNED TO GIVE HIGH SCHOOL STUDENTS IN THE HOLLYWOOD, FLORIDA AREA AN OPORTUNITY TO ATTEND COLLEGE. TUITION GRANTS OF 500 UP TO 2,000 PER YEAR ARE AWARDED TO GRADUATING HIGH SCHOOL STUDENTS. 46 STUDENTS BENEFITTED FROM THE GRANTS THIS YEAR. THESE STUDENTS ARE FUNDED THROUGHOUT THEIR FOUR YEARS OF COLLEGE, IF THEY QUALIFY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Chukerman President | 1 | $0 | |
Cathy Myers Parlimentari | 1 | $0 | |
Sylvia Berman Treasurer | 3 | $0 | |
Linda Maina Recording Se | 1 | $0 | |
Barbara Labelle Correspondin | 1 | $0 | |
Merle Fisher VP Scholarsh | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,316 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $4,890 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $9,206 |
| 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 | $1,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,721 |
| Total expenses | $68,721 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $284,083 |
| Other assets | $0 |
| Total assets | $284,083 |
| Total liabilities | $0 |
| Net assets or fund balances | $284,083 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Hollywood Florida Scholarship Foundation Inc has recieved totaling $2,042.
| Awarding Organization | Amount |
|---|---|
Joe Sonken Tr Hollywood, FL PURPOSE: BENEFIT UNDERPRIVILDEGED CHILDREN | $2,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $42 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Floridamakes Inc Orlando, FL | $1,478,174 | $9,967,367 |
Watson-Brown Foundation Inc Thomson, GA | $0 | $9,697,974 |
Alef Fund Inc Atlanta, GA | $10,107,377 | $6,194,898 |
Broward Education Foundation Inc Fort Lauderdale, FL | $12,469,303 | $5,256,121 |
University Of West Georgia Foundation Inc Carrollton, GA | $86,140,941 | $10,389,838 |
Coca-Cola Scholars Foundation Inc Atlanta, GA | $71,605,468 | $31,599,185 |
Uab Research Foundation Birmingham, AL | $14,400,184 | $5,771,462 |
Eminent Scholars Foundation Huntsville, AL | $0 | $754,182 |
Arete Scholars Fund Dacula, GA | $8,445,771 | $4,355,145 |
The Fund For Theological Education Inc Decatur, GA | $34,735,752 | $8,780,727 |
Gwinnett County Public Schools Foundation Fund Inc Suwanee, GA | $3,101,670 | $4,575,972 |
Florida Education Fund Inc Tampa, FL | $23,479,749 | $5,657,591 |