Darcy Akers Ormond Beach Rotary Scholarship Fund Inc

Organization Overview

Darcy Akers Ormond Beach Rotary Scholarship Fund Inc is located in Ormond Beach, FL. The organization was established in 1989. According to its NTEE Classification (B80) the organization is classified as: Student Services, 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. Darcy Akers Ormond Beach Rotary Scholarship Fund 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 12/2023, Darcy Akers Ormond Beach Rotary Scholarship Fund Inc generated $94.0k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $45.6k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

EDUCATIONAL SCHOLARSHIPS

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIPS ARE GIVEN ON A NUMBER OF CRITERIA INCLUDING BUT NOT LIMITED TO CLASS STANDING, GRADES, FINANCIAL NEED AND PERSONAL INTERVIEWS. 14 STUDENTS RECEIVED SCHOLARSHIPS


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Board, Officers & Key Employees

Name (title)Compensation
Will Akers
Director
$0
Jeff Annon
Director
$0
Jeff Brock
Secretary
$0
Matt Elston
President/di
$0
Thomas Macdonald
Director
$0
Erick Palacios
Treasurer/di
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$29,922
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$29,922
Total Program Service Revenue$0
Investment income $31,073
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $7,122
Net Income from Fundraising Events $25,840
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $93,957

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