Civic Intelligence

Negro Academic Scholarship Fund

990EZ • Fiscal year 2019 • EIN 23-7253537

Jan 01, 2019 to Dec 31, 2019 • Filed on May 12, 2020

Organization ProfileN/A
PO Box 359Palm Springs, CA 92263

(760) 409-2301

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2019

Net Margin

5th percentile

-104%

Higher net margin than 5% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$600

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 3.0% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

21st percentile

-20%

Faster asset growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

64th percentile

11%

Faster revenue growth than 64% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$83,082

Down $97,304 (-54%) from 2016

Net Assets

Down

$83,082

Down $97,304 (-54%) from 2016

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin5th percentile

Revenue

Down

$19,905

Down $18,685 (-48%) from 2016

Expenses

Down

$40,517

Down $9,149 (-18%) from 2016

Net Income

Down

-$20,612

Down $9,536 (-86%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$300K$200K$100K$0Assets 2014: $239,529Net Assets 2014: $239,5292014Assets 2015: $191,462Net Assets 2015: $191,4622015Assets 2016: $180,386Net Assets 2016: $180,3862016Assets 2019: $83,082Net Assets 2019: $83,0822019Assets 2020: $73,099Net Assets 2020: $73,0992020Assets 2021: $58,751Net Assets 2021: $58,7512021Assets 2024: $50,557Net Assets 2024: $50,5572024

Highlighted filing

2019

Assets$83,082
Liabilities-
Net Assets$83,082
Open 2019 Filing

Operations Trend

Revenue Growth64th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$100K$50K$0-$50KRevenue 2014: $15,019Expenses 2014: $63,566Net Income 2014: -$48,5472014Revenue 2015: $14,862Expenses 2015: $62,929Net Income 2015: -$48,0672015Revenue 2016: $38,590Expenses 2016: $49,666Net Income 2016: -$11,0762016Revenue 2019: $19,905Expenses 2019: $40,517Net Income 2019: -$20,6122019Revenue 2020: $12,324Expenses 2020: $22,307Net Income 2020: -$9,9832020Revenue 2021: $5,923Expenses 2021: $20,271Net Income 2021: -$14,3482021Revenue 2024: $37,967Expenses 2024: $43,523Net Income 2024: -$5,5562024

Highlighted filing

2019

Revenue$19,905
Expenses$40,517
Net Income-$20,612
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
May 12, 2020
Return Version
2019v5.0
Gross Receipts
$19,905
Mission and Program Overview

Mission

The purpose of the organization is to provide scholarship funds to Palm Springs area high school seniors who are pursuing a secondary education.

Program Services

DescriptionGrantsExpenses
STUDENT SCHOLARSHIPS$250$22,333
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JANICE HARRELLPresidentPT$600-$600
Filing and Contact Details

Filer

Filer Name
Negro Academic Scholarship Fund
EIN
23-7253537
Phone
7604092301
Address
PO BOX 359, PALM SPRINGS, CA 92263

Signing Officer

Name
Janice Harrell
Title
President
Signed
2020-05-12
Discuss with paid preparer
Yes

Preparer

Firm
Reynolds & Company CPA Inc
Address
41905 Boardwalk Suite A2, Palm Desert, CA 92211
Preparer
Steven T Reynolds CPA
Phone
7603604468
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.1

“| Donee's Name: SCHOLARSHIP AWARDS FOR STUDENTS | Donee's Address: VARIOUS PALM SPRINGS AREA CA 11111 | Cash Amount Given: $22333”

Other Expenses.1001

“Advertising and Promotion $2228”

Other Expenses.1003

“Information Technology $210”

Other Expenses.1005

“Travel $22”

Other Expenses.1012

“Insurance $500”

Other Expenses.1

“BANQUET EXPENSE $11411”

Other Expenses.2

“OFFICE AND OTHER $1225”

Other Expenses.4

“CAR RENTAL $400”

Other Expenses.6

“DONATIONS $250”

Other Expenses.7

“UTILITIES $229”

Other Expenses.8

“MEETINGS $185”

Other Expenses.9

“FLOWERS $111”

Other Expenses.10

“PENALTIES $7”

Raw XML Appendix171 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PALM DESERT
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092211
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt016778
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE SCHOLARSHIP FUNDS TO PALM SPRINGS AREA HIGH SCHOOL SENIORS WHO ARE PURSUING A SECONDARY EDUCATION.
IRS990EZ/PrintingPublicationsPostageAmt0729
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IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0250
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IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt040517
IRS990EZ/TotalProgramServiceExpensesAmt0250
IRS990EZ/TotalRevenueAmt019905
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt019470
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt017640
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt017009
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt038336
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt014525
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0106980
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0435
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt088
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IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0254
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0337
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01362
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0435
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt088
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0248
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0254
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0337
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01362
IRS990ScheduleA/InvestmentIncomeCYPct00.01260
IRS990ScheduleA/InvestmentIncomePYPct00.01360
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98740
IRS990ScheduleA/PublicSupportPY509Pct00.98640
IRS990ScheduleA/PublicSupportTotal509Amt0106980
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt019470
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt017640
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt017009
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt038336
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt014525
IRS990ScheduleA/Total509Grp/TotalAmt0106980
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt019905
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt017728
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt017257
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt038590
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt014862
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0108342
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: SCHOLARSHIP AWARDS FOR STUDENTS | Donee's Address: VARIOUS PALM SPRINGS AREA CA 11111 | Cash Amount Given: $22333
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Advertising and Promotion $2228
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Information Technology $210
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Travel $22
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Insurance $500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BANQUET EXPENSE $11411
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6OFFICE AND OTHER $1225
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7CAR RENTAL $400
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8DONATIONS $250
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9UTILITIES $229
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10MEETINGS $185
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11FLOWERS $111
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12PENALTIES $7
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1001
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.9
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ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JANICE HARRELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-05-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0NEGRO ACADEMIC SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt0NEGR
ReturnHeader/Filer/EIN0237253537
ReturnHeader/Filer/PhoneNum07604092301
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 359
ReturnHeader/Filer/USAddress/CityNm0PALM SPRINGS
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CA
ReturnHeader/Filer/USAddress/ZIPCd092263
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0830960440
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt041905 Boardwalk Suite A2
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Palm Desert
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092211
ReturnHeader/PreparerPersonGrp/PhoneNum07603604468
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steven T Reynolds CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02020-05-12T09:15:44-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-01-01
ReturnHeader/TaxPeriodEndDt02019-12-31
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$83,082
Liabilities
-
Net assets
$83,082
Revenue
$19,905
Expenses
$40,517
Net income
-$20,612
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.51$0.51$0.38$0.44$0.06
2021Detailed filing. Detailed filing data is available for this year.$0.59$0.59$0.06$0.20$0.14
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.73$0.73$0.12$0.22$0.10
2019Detailed filing. Detailed filing data is available for this year.$0.83$0.83$0.20$0.41$0.21
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.80$1.80$0.39$0.50$0.11
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.91$1.91$0.15$0.63$0.48
2014Detailed filing. Detailed filing data is available for this year.$2.40$2.40$0.15$0.64$0.49