Hunter Scarbrough Foundation Inc is located in Newnan, GA. The organization was established in 2017. According to its NTEE Classification (B90) the organization is classified as: Educational 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. Hunter Scarbrough 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 12/2021, Hunter Scarbrough Foundation Inc generated $93.4k 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 (17.0%) each year. All expenses for the organization totaled $108.4k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HONOR THE LIFE AND MEMORY OF HUNTER SCARBROUGH BY INVESTING IN THE FUTURES OF STUDENTS WHO DISPLAY THE CHARACTERISTICS OF FAITH, LEADERSHIP, ACADEMIC PERSEVERANCE AND COMMUNITY SERVICE.
Describe the Organization's Program Activity:
Part 3
PROVIDE SCHOLARSHIPS
TO HONOR THE LIFE AND MEMORY OF HUNTER SCARBOROUGH
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Todd Scarbrough President | 0 | $0 | |
Dennis Mcentire Board Chair | 0 | $0 | |
Joni Scarbrough Vice Preside | 0 | $0 | |
Brenda Harper Treasurer | 0 | $0 | |
Alison Kelleher Secretary | 0 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $75,090 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $6,084 |
Gain or Loss | $12,250 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $93,424 |
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 | $19,162 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $853 |
Other expenses | $11,396 |
Total expenses | $108,411 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $376,662 |
Other assets | $0 |
Total assets | $376,662 |
Total liabilities | $0 |
Net assets or fund balances | $376,662 |
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