Spearman Scholarship Foundation

Organization Overview

Spearman Scholarship Foundation is located in Spearman, TX. According to its NTEE Classification (B40) the organization is classified as: Higher Education, 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. Spearman Scholarship 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 02/2024, Spearman Scholarship Foundation generated $51.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $52.2k during the year ending 02/2024. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2024

Describe the Organization's Program Activity:

Part 3

PROVIDE SCHOLARSIPS FOR POST-SECONDARY EDUCATION TO QUALIFYING HIGH SCHOOL GRADUATES OF SPEARMAN HIGH SCHOOL


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Board, Officers & Key Employees

Name (title)Compensation
Ryan Schnell
Board Member
$0
Bret Burgin
Board Member
$0
Dana Schneider
Board Member
$0
Macy Beedy
Board Member
$0
Alejandra Alverez
Board Member
$0
Haley Shields
President
$0

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$49,670
Total Program Service Revenue$0
Membership dues$0
Investment income $1,744
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$0
Total Revenue$51,414

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