Sayles Advancement In Education Foundation
- Assets
- $252.7k
- Revenue
- $200.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Las Vegas, NV
- Founding
- 04/2019
- Data as of
- 12/2023
- EIN
- 83-1190467
Organization Overview
Sayles Advancement In Education Foundation is located in Las Vegas, NV. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Sayles Advancement In Education Foundation 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, Sayles Advancement In Education Foundation generated $200.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.2% each year .
Since 2020, Sayles Advancement In Education Foundation has awarded 20 individual grants totaling $500,200. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS PROVIDED TO STUDENTS AND PIPELINE TO DEGREE GRANTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jessica Sayles President/tr | 1 | $0 | |
Scott Sayles Vice Preside | 1 | $0 | |
Jacqueline Matthew Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $200,000 |
| Interest on Savings | $0 |
| 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 | $200,000 |
| 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 | $0 |
| Total operating and administrative expenses | $2,262 |
| Contributions, gifts, grants paid | $162,500 |
| Total expenses and disbursements | $164,762 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $252,731 |
| Savings and temporary cash investments | $0 |
| 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 | $252,731 |
| 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, Sayles Advancement In Education Foundation has awarded $162,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF NEVADA RENO PURPOSE: SCHOLARSHIPS | $36,000 |
UNIVERSITY OF NEVADA LAS VEGAS PURPOSE: SCHOLARSHIPS | $42,000 |
UNIVERSITY OF ARIZONA PURPOSE: SCHOLARSHIPS | $42,000 |
ACEC-ARIZONA PURPOSE: SCHOLARSHIP | $5,000 |
COLLEGE OF SOUTHERN NEVADA PURPOSE: SCHOLARSHIPS | $10,000 |
WESTERN NEVADA COLLEGE PURPOSE: SCHOLARSHIPS | $10,000 |