Teamsters Local 577 College Scholarship Fund
- Assets
- $69.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Amarillo, TX
- Founding
- 07/2014
- Data as of
- 06/2022
- EIN
- 61-1726815
Organization Overview
Teamsters Local 577 College Scholarship Fund is located in Amarillo, TX. The organization was established in 2014. 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. Teamsters Local 577 College Scholarship Fund 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 06/2022, Teamsters Local 577 College Scholarship Fund generated $58.0k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 49.7% each year . All expenses for the organization totaled $47.7k during the year ending 06/2022. 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 ORGANIZATION PUT ON A GOLF FUND-RAISING EVENT IN WHICH THE NET PROCEEDS ARE USED TO PROVIDE THE SCHOLARSHIPS. TEN SCHOLARSHIPS WERE AWARDED FOR THIS YEAR FOR A TOTAL OF $47,500 ($7,000, $5,000, $1,500, $10,000, $1,000, $3,000, $1,500, $1,500, $10,000, AND $7,000).
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 |
|---|---|---|---|
Alfredo Soltero Treasurer | 2 | $0 | |
Brian Ahearn Chairman | 2 | $0 | |
Felita Bailey Director | 2 | $0 | |
Anthony Hinton Director | 0 | $0 | |
Tracy Edgar Director | 2 | $0 | |
Stephen Tindell Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $73,426 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$15,466 |
| Other Revenue | $0 |
| Total Revenue | $57,960 |
| 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 | $100 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $50 |
| Total expenses | $47,650 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $68,634 |
| Other assets | $0 |
| Total assets | $69,220 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,220 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Teamsters Local 577 College Scholarship Fund has recieved totaling $80,000.
| Awarding Organization | Amount |
|---|---|
International Brotherhood Teamsters Amarillo, TX PURPOSE: Donation-defray cost of fundraiser | $80,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Indigenous Education Inc Albuquerque, NM | $3,738,546 | $7,442,761 |
Higher Education Servicing Corp In Arlington, TX | $44,544,807 | $11,853,938 |
Brazos Higher Education Service Corporation Inc Waco, TX | $152,724,525 | $12,631,577 |
Smart Bowling Scholarship Funding Corporation Arlington, TX | $97,151,764 | $16,570,188 |
New Mexico Student Loan Guarantee Corporation Albuquerque, NM | $15,866,075 | $3,044,592 |
Kimberly-Clark Foundation Inc Irving, TX | $0 | $5,825,814 |
San Antonio Livestock Exposition Educational Fund Inc San Antonio, TX | $23,576,511 | $4,942,243 |
The Forte Foundation Austin, TX | $3,571,246 | $5,400,451 |
Usaa Educational Foundation San Antonio, TX | $96,381,454 | $7,561,828 |
Ulm Athletic Foundation Monroe, LA | $3,668,358 | $2,963,740 |
Panhandle-Plains Higher Education Foundation Inc Canyon, TX | $182,464,704 | $13,006,465 |
American Indian Graduate Center Scholars Albuquerque, NM | $1,252,569 | $3,993,312 |