Bessie Sparks Scholarship Fund
- Assets
- $171.3k
- Revenue
- $814.0
- Investments
- $0.0
- Employees
- 0
- Location
- Owenton, KY
- Founding
- 06/1991
- Data as of
- 12/2018
- EIN
- 61-6143459
Organization Overview
Bessie Sparks Scholarship Fund is located in Owenton, KY. The organization was established in 1991. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations.
For the year ending 12/2018, Bessie Sparks Scholarship Fund generated $814.0 in total revenue. The organization has seen a slow decline revenue. Over the past 3 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $7.0k during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (2.7%) per year over the past 3 years. 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
2018
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Bush Dir Trust Comm | 1 | $0 | |
Charles Carter Director | 1 | $0 | |
Judy Jacobs Trust Comm | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $814 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $814 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,182 |
| Total operating and administrative expenses | $2,037 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $7,037 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,251 |
| Savings and temporary cash investments | $163,000 |
| 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 | $0 |
| Total assets | $171,251 |
| 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 |
Grants Awarded
Over the last fiscal year, Bessie Sparks Scholarship Fund has awarded $5,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
MCKENZIE SCOTT PURPOSE: SCHOLARSHIP | $500 |
MACIE OSBORNE PURPOSE: SCHOLARSHIP | $500 |
BRANDI MEARS PURPOSE: SCHOLARSHIP | $500 |
MORGAN WOODYARD PURPOSE: SCHOLARSHIP | $500 |
JOSHUA SPAYLDING PURPOSE: SCHOLARSHIP | $500 |
DESTINY YOUNG PURPOSE: SCHOLARSHIP | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Golf Club Of Tennessee Kingston Springs, TN | $25,072,540 | $8,179,428 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
National Consortium For Graduate Dgrs Minorities In Engineering Alexandria, VA | $15,486,907 | $10,356,249 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Cleveland Avenue Foundation For Education Group Chicago, IL | $12,236,345 | $15,309,295 |
Western Illinois Regional Council Community Action Agency Macomb, IL | $2,081,443 | $6,378,655 |
Catholic Education Foundation Inc Louisville, KY | $34,954,329 | $8,681,774 |
Guaranteed Rate Foundation Nfp Chicago, IL | $1,798,790 | $5,812,096 |
Bill And Carol Latimer Charitable Foundation Union City, TN | $129,837,485 | $34,799,223 |