Eddie Lucio Scholarship Fund Inc
- Assets
- $78.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Brownsville, TX
- Founding
- 02/1997
- Data as of
- 12/2019
- EIN
- 74-2786489
Organization Overview
Eddie Lucio Scholarship Fund Inc is located in Brownsville, TX. The organization was established in 1997. 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. Eddie Lucio 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 12/2019, Eddie Lucio Scholarship Fund Inc generated $15.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (32.1%) each year. All expenses for the organization totaled $52.8k during the year ending 12/2019. 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
2019
Describe the Organization's Program Activity:
Part 3
DURING 2019 THERE WAS A TOTAL OF SEVENTY-TWO (72) SCHOLARSHIPS GRANTED AS FOLLOWS: SIXTY-EIGHT (68) SCHOLARSHIPS GRANTED IN THE AMOUNT OF 500.00 EACH, ONE (1) SCHOLARSHIPS GRANTED IN THE AMOUNT OF 2,000.00, ONE (1) SCHOLARSHIP GRANTED IN THE AMOUNT OF 300.00, ONE (1) SCHOLARSHIP GRANTED IN THE AMOUNT OF 400.00 AND ONE (1) SCHOLARSHIP GRANTED IN THE AMOUNT OF 750.00 FOR A GRAND TOTAL OF 37,450.00 SCHOLARSHIPS GRANTED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Luis Villarreal President | 0 | $0 | |
Ruben O'bell Vice Preside | 0 | $0 | |
Febe Zepeda Secretary | 1 | $0 | |
Brenda Watson Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,500 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $30 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | -$6,157 |
| Other Revenue | $2,000 |
| Total Revenue | $15,738 |
| 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 | $8,000 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $1,766 |
| Other expenses | $5,590 |
| Total expenses | $52,806 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,267 |
| Other assets | $0 |
| Total assets | $78,386 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,386 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Eddie Lucio Scholarship Fund Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Greater Houston Community Foundation Houston, TX PURPOSE: Scholarship Fund | $5,000 |
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 |