Civic Intelligence

Negro Academic Scholarship Fund

990EZ • Fiscal year 2023 • EIN 23-7253537

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 09, 2024

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

54th percentile

5.5%

Higher net margin than 54% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

79th percentile

$600

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

55th percentile

3.8%

Faster asset growth than 55% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

81st percentile

50%

Faster revenue growth than 81% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$56,113

Down $2,638 (-4.5%) from 2021

Net Assets

Down

$56,113

Down $2,638 (-4.5%) from 2021

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin54th percentile

Revenue

Up

$37,088

Up $31,165 (+526%) from 2021

Expenses

Up

$35,050

Up $14,779 (+73%) from 2021

Net Income

Up

$2,038

Up $16,386 (+114%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth55th 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 2023: $56,113Net Assets 2023: $56,1132023Assets 2024: $50,557Net Assets 2024: $50,5572024

Highlighted filing

2023

Assets$56,113
Liabilities-
Net Assets$56,113
Open 2023 Filing

Operations Trend

Revenue Growth81st 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 2023: $37,088Expenses 2023: $35,050Net Income 2023: $2,0382023Revenue 2024: $37,967Expenses 2024: $43,523Net Income 2024: -$5,5562024

Highlighted filing

2023

Revenue$37,088
Expenses$35,050
Net Income$2,038
Open 2023 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 9, 2024
Return Version
2023v5.1
Gross Receipts
$37,088
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$9,000-
DONATION-$200
Compensation and Service Providers
Top Officer Pay79th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JANICE HARRELLPresidentPT$600-$600
CYNTHIA SESSIONSecretaryPT$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
2024-11-09
Discuss with paid preparer
Yes

Preparer

Firm
Steven T Reynolds CPA
Address
35325 Date Palm Dr Ste 145, Cathedral City, CA 92234
Preparer
Steven T Reynolds CPA
Phone
7603604468
Supplemental Narrative

Additional Explanations

Other Expenses.1001

“Advertising and Promotion $2960”

Other Expenses.1003

“Information Technology $220”

Other Expenses.1012

“Insurance $129”

Other Expenses.1

“BANQUET EXPENSE $14182”

Other Expenses.2

“MEETINGS $2594”

Other Expenses.3

“SUPPLIES $2239”

Other Expenses.4

“PHOTOGRAPHY $550”

Other Expenses.5

“BARBEQUE $475”

Other Expenses.6

“PRINTING $388”

Other Expenses.8

“DONATIONS $200”

Other Expenses.9

“GAS REIMBURSEMENT $38”

Other Expenses.10

“FILING FEES $25”

Other Expenses.11

“BANK CHARGES $22”

Raw XML Appendix176 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.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0STEVEN REYNOLDS CPA
IRS990EZ/BooksInCareOfDetail/PhoneNum07603604468
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt035325 DATE PALM DR STE 145
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0CATHEDRAL CITY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd092234
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt054075
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt056113
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt036909
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt02038
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0540
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt054075
IRS990EZ/Form990TotalAssetsGrp/EOYAmt056113
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt09000
IRS990EZ/GrossReceiptsAmt037088
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0179
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt054075
IRS990EZ/NetAssetsOrFundBalancesEOYAmt056113
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt054075
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt056113
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt010.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt0600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt1600
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JANICE HARRELL
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1CYNTHIA SESSION
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Secretary
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt024022
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/PrintingPublicationsPostageAmt0288
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0STUDENT SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1DONATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt09000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0200
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt01200
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt035050
IRS990EZ/TotalProgramServiceExpensesAmt0200
IRS990EZ/TotalRevenueAmt037088
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt036909
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt024683
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05798
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt012060
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt019470
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt098920
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0179
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt07
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0126
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0264
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0435
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt01011
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0179
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt07
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0126
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0264
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0435
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt01011
IRS990ScheduleA/InvestmentIncomeCYPct00.01010
IRS990ScheduleA/InvestmentIncomePYPct00.01140
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98990
IRS990ScheduleA/PublicSupportPY509Pct00.98860
IRS990ScheduleA/PublicSupportTotal509Amt098920
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt036909
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt024683
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt05798
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt012060
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt019470
IRS990ScheduleA/Total509Grp/TotalAmt098920
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt037088
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt024690
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt05924
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt012324
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt019905
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt099931
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Advertising and Promotion $2960
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Information Technology $220
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Insurance $129
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3BANQUET EXPENSE $14182
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4MEETINGS $2594
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5SUPPLIES $2239
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6PHOTOGRAPHY $550
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7BARBEQUE $475
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8PRINTING $388
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9DONATIONS $200
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10GAS REIMBURSEMENT $38
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11FILING FEES $25
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12BANK CHARGES $22
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1001
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1003
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.1012
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Other Expenses.4
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Other Expenses.5
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Other Expenses.6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Other Expenses.8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Other Expenses.9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Other Expenses.10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Other Expenses.11
ReturnHeader/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JANICE HARRELL
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-09
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/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0830960440
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Steven T Reynolds CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt035325 Date Palm Dr Ste 145
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Cathedral City
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd092234
ReturnHeader/PreparerPersonGrp/PhoneNum07603604468
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Steven T Reynolds CPA
ReturnHeader/ReturnTs02024-11-09T12:20:17-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$56,113
Liabilities
-
Net assets
$56,113
Revenue
$37,088
Expenses
$35,050
Net income
$2,038
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
2023Detailed filing. Detailed filing data is available for this year.$0.56$0.56$0.37$0.35$0.02
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
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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