Royal Blue Scholars Foundation Incorporated
- Assets
- $2.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- Data as of
- 12/2022
- EIN
- 85-4001778
Organization Overview
Royal Blue Scholars Foundation Incorporated, operating under the name Royal Blue Scholars' Foundation, is located in Louisville, KY. According to its NTEE Classification (O50) the organization is classified as: Youth Development Programs, under the broad grouping of Youth Development and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Royal Blue Scholars' 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 12/2022, Royal Blue Scholars' Foundation generated $1.8k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.6% each year .
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ROYAL BLUE SCHOLARS FOUNDATION IS TO POSITIVELY IMPACT YOUNG WOMEN IN LOUISVILLE, KY THROUGH HIGHER EDUCATION SCHOLARSHIPS AND ALSO BE A RESOURCE TO YOUNG GIRLS SEEKING MENTORSHIP, GUIDANCE, SUPPORT, AND INSPIRATION INTO CAREER PROFESSIONS AND TRADES. ONE OF ZETA PHI BETA SORORITY, INC. NATIONAL PROGRAMS IS ZETAS HELPING OTHERS PEOPLE EXCEL AND THAT IS WHAT WE PLAN TO DO FOR THE COMMUNITY
Describe the Organization's Program Activity:
Part 3
OPENED ONLINE SCHOLARSHIP APPLICATIONS TO HIGH SCHOOL SENIORS AND CURRENT COLLEGE STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Staci Brown President | 2 | $0 | |
Shervita West Board Member | 0.25 | $0 | |
Ebony Muldrow Board Member | 0.25 | $0 | |
Mary Prince Treasurer | 0.25 | $0 | |
Carmen Farris Vice President | 0.25 | $0 | |
Lavonda Randle Secretary | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,800 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $1,800 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $35 |
| Other expenses | $0 |
| Total expenses | $4,035 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $2,508 |
| Other assets | $0 |
| Total assets | $2,508 |
| Total liabilities | $0 |
| Net assets or fund balances | $2,508 |