New Beginnings Scholarship Foundation
- Assets
- $28.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Newark, DE
- Founding
- Data as of
- 12/2023
- EIN
- 93-3093774
Organization Overview
New Beginnings Scholarship Foundation is located in Newark, DE. 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. New Beginnings 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
DURING THE FISCAL YEAR, THE ORGANIZATION AWARDED SCHOLARSHIPS TO STUDENTS ATTENDING TAYLOR COLLEGE, SUPPORTING EDUCATIONAL ACCESS AND ACHIEVEMENT. THESE SCHOLARSHIPS PROVIDED FINANCIAL ASSISTANCE TO STUDENTS WHO DEMONSTRATED ACADEMIC EXCELLENCE AND FINANCIAL NEED, HELPING THEM PURSUE HIGHER EDUCATION AND FURTHER THEIR CAREER GOALS. BY ALLEVIATING FINANCIAL BARRIERS, THE SCHOLARSHIP PROGRAM ENHANCES STUDENTS' OPPORTUNITIES FOR SUCCESS AND CONTRIBUTES TO THE ORGANIZATION'S MISSION OF SUPPORTING EDUCATION AND FOSTERING INDIVIDUAL DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Dunn Board President | 1 | $0 | |
Michael Emanuelo Board Treasurer | 0 | $0 | |
Bruce Grissom Board Secretary | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $63,000 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $10 |
| Total Revenue | $63,010 |
| 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 | $0 |
| Other expenses | $1,314 |
| Total expenses | $34,314 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $28,696 |
| Other assets | $0 |
| Total assets | $28,696 |
| Total liabilities | $0 |
| Net assets or fund balances | $28,696 |