Fsa Scholarship Foundation

Organization Overview

Fsa Scholarship Foundation is located in Roanoke, TX. The organization was established in 2002. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Fsa 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 12/2022, Fsa Scholarship Foundation generated $56.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $65.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

FSA SCHOLARSHIP FOUNDATION IS COMMITTED TO PROMOTING CAREERS AND DEVELOPING COMMUNITY LEADERS FOR THE RETAIL FOOD INDUSTRY BY ANNUALLY REWARDING SCHOLARSHIPS TO GRADUATING HIGH SCHOOL STUDENTS AND ADULTS WORKING IN TEXAS FOOD STORES. THESE SCHOLARSHIPS ARE FUNDED THROUGH PARTNERSHIPS WITH LOCAL RETAILERS AND THROUGH SPECIAL EVENTS SPONSORED BY THE FSA SCHOLARSHIP FOUNDATION I.E. PARTNERSHIP LUNCHEONS ANNUAL SCHOALRSHIP BANQUET AND ANNUAL GOLF TOURNAMENT

Describe the Organization's Program Activity:

Part 3 - Line 4a

FSA SCHOLARSHIP FOUNDATION IS COMMITTED TO PROMOTING CAREERS AND DEVELOPING COMMUNITY LEADERS FOR THE RETAIL FOOD INDUSTRY BY ANNUALLY REWARDING SCHOLARSHIPS TO GRADUATING HIGH SCHOOL STUDENTS AND ADULTS WORKING IN TEXAS FOOD STORES. THROUGH VENUES OFFERED TO SUPPLIERS BROKERS AND MANUFACTURERS FSA COMMUNICATES AND BUILDS RELATIONSHIPS WITH AREA FOOD RETAILERS IN THE TEXAS MARKET. FSA SCHOLARSHIP FOUNDATION AWARDED 12 SCHOLARSHIPS TO ELIGIBLE STUDENTS IN 2022.


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Board, Officers & Key Employees

Name (title)Compensation
Eric Becker
President
$0
Tim Berry
VP Golf Classic
$0
Jeff Stillwell
Director Golf Classic
$0
Robert Thomas
Director Fundraising Events
$0
Jan Meade
Director Friends Of The Board Pr
$0
Joel Popp
VP Vendor Membership
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$39,600
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$53,397
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$92,997
Total Program Service Revenue$0
Investment income $33
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$36,660
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $56,370

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