Applied Scholastics International is located in Las Vegas, NV. The organization was established in 2019. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Applied Scholastics International 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, Applied Scholastics International generated $143.0k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $218.1k during the year ending 12/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
EDUCATION K-12TH GRADE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jerry Schmitz President | 6 | $0 | |
Larry Perna Sec/treas | 3 | $0 | |
Jimmy Epley Director | 1 | $0 | |
Michele Fiore Director | 1 | $0 | |
Suesan Walker Director | 20 | $0 | |
Jinny Schmitz Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $29,574 |
Total Program Service Revenue | $113,103 |
Membership dues | $0 |
Investment income | $316 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $142,993 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $92,934 |
Professional fees and other payments to independent contractors | $32,187 |
Occupancy, rent, utilities, and maintenance | $38,400 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $54,542 |
Total expenses | $218,063 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $5,984 |
Other assets | $0 |
Total assets | $77,968 |
Total liabilities | $83,766 |
Net assets or fund balances | -$5,798 |