Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on the latest valid filing.
Delta Education Scholarship Fund
EIN 45-4264482 • 501(c)3 • Norfolk, VA
Profile
The purpose of the corporation is to extend educational opportunities to prospective and enrolled students who have demonstrated financial need, personal achievement, and the potential for academic and career success through the establishment of a fund for the granting of scholarships, grants, and loans.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on the latest valid filing.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Asset Growth
10th percentile
Faster asset growth than 10% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Balance Sheet
Assets
Down$0
Down $360,147 (-100%) from 2015
Liabilities
Down$0
Down $3,835 (-100%) from 2015
Net Assets
Down$0
Down $356,312 (-100%) from 2015
Revenue
Down$0
Down $3,012 (-100%) from 2015
Expenses
Up$360,147
Up $275,915 (+328%) from 2015
Net Income
Down-$360,147
Down $278,927 (-343%) from 2015
Trend Graphs
Filings
Most recent year
2016 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.
- Assets
- $0
- Liabilities
- $0
- Net assets
- $0
- Revenue
- $0
- Expenses
- $360,147
- Net income
- -$360,147
Latest Detailed Filing
The latest 2016 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2015 below.
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2015 to Dec 31, 2015
- Signed
- Nov 4, 2016
- Return Version
- 2015v2.1
- Gross Receipts
- $3,012
Mission and Program Overview
Mission
The purpose of the corporation is to extend educational opportunities to prospective and enrolled students who have demonstrated financial need, personal achievement, and the potential for academic and career success through the establishment of a fund for the granting of scholarships, grants, and loans.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Savings and Temporary Cash Investments | $8,774,929 | - | - |
| Cash and Non-Interest-Bearing Accounts | $164,503 | $360,147 | ▲ $195,644 |
| Total Assets | $8,939,432 | $360,147 | ▼ $8,579,285 |
| Liabilities | |||
| Mortgage Notes Payable Secured by Investment Property | $8,500,000 | - | - |
| Other Liabilities | $1,900 | $3,835 | ▲ $1,935 |
| Total Liabilities | $8,501,900 | $3,835 | ▼ $8,498,065 |
| Net Assets / Fund Balance | |||
| Unrestricted Net Assets | $437,532 | $356,312 | ▼ $81,220 |
| Total Net Assets Fund Balance | $437,532 | $356,312 | ▼ $81,220 |
| Total Liabilities and Net Assets / Fund Balance | $8,939,432 | $360,147 | ▼ $8,579,285 |
Compensation and Service Providers
Board Members and Trustees
| Name | Title |
|---|---|
| Donald Foran | President and Director |
| Michael Wade | Director |
| William Franklin | Secretary and Director |
| Alanna Mccargo | Treasurer and Director |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $3,000
- Program Service Revenue
- $0
- Investment Income
- $12
- Other Revenue
- $0
- All Other Contributions
- $3,000
- Change in Net Assets
- $-81,220
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $84,232 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Interest | - | $82,290 | - | $82,290 |
| Fees for Services Accounting | - | $1,935 | - | $1,935 |
| Fees for Services Other | - | $7 | - | $7 |
| Total Functional Expenses | $0 | $84,232 | $0 | $84,232 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Due to Delta Career Education Corporation | $3,835 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Business relationship with family members
- No
- Business relationship with organization members
- No
- Material changes to governing documents
- No
- Compensation from other sources disclosed
- No
- CEO compensation reviewed
- Yes
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section B, Line 11
“Copies of the completed form 990, with supporting schedules, will be distributed to the president of the corporation. The president will review the form 990, and any corrections or changes will be noted and addressed. Copies of the completed form 990 will be distributed to the board of directors for review and approval. Once approved by all of the directors, the form 990 will be filed with the irs.”
Form 990, Part VI, Section B, Line 12C
“The organization is a charitable organization, and, in order to maintain its federal tax-exemption, it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Each director, principal officer, and member of the committee with governing board delegated powers shall - a. Receive a copy of the conflict of interest policy, - b. Read and understand the policy, and - c. Agree to comply with the policy.”
Form 990, Part VI, Section B, Line 15
“In establishing the compensation for any officer or director of delta education scholarship fund, a virginia nonstock corporation (the "corporation"), or any individual who is one of the corporation's highest compensated employees or highest compensated independent contractors, the officers and directors of the corporation shall adhere to various procedures. These procedures provide that: the decision to approve the compensation arrangement will be determined by a compensation committee (all of the members of which shall not have a financial interest in the corporation), which shall consider a variety of factors including information about compensation paid by similarly situated taxable or tax-exempt organizations for similar services and current compensation surveys compiled by independent firms; the decision made by each individual who decided or voted on the compensation arrangement shall be recorded in writing and the information upon which the decision to approve the compensation arrangement was based on its source shall be recorded in writing.”
Form 990, Part VI, Section C, Line 19
“The organization makes its governing documents and conflict of interest policy availabe upon request.”
Filing and Contact Details
Filer
- Filer Name
- Delta Education Scholarship Fund
- EIN
- 45-4264482
- Phone
- 7574468544
- Address
- 101 WEST MAIN STREET NO 500, NORFOLK, VA 23510
Signing Officer
- Name
- Donald Foran
- Title
- President
- Phone
- 7574468544
- Signed
- 2016-11-04
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Donald Foran
- Formed
- 2012
- Legal Domicile
- De
- Voting Board Members
- 4
- Independent Board Members
- 4
- Employees
- 0
- Volunteers
- 4
Preparer
- Firm
- Dixon Hughes Goodman Llp
- Address
- 440 MONTICELLO AVE SUITE 1400, NORFOLK, VA 23510
- Preparer
- Caron E Crouse
- Phone
- 7576245100
Raw XML Appendix286 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 |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | THE PURPOSE OF THE CORPORATION IS TO EXTEND EDUCATIONAL OPPORTUNITIES TO PROSPECTIVE AND ENROLLED STUDENTS WHO HAVE DEMONSTRATED FINANCIAL NEED, PERSONAL ACHIEVEMENT, AND THE POTENTIAL FOR ACADEMIC AND CAREER SUCCESS THROUGH THE ESTABLISHMENT OF A FUND FOR THE GRANTING OF SCHOLARSHIPS, GRANTS, AND LOANS. |
| IRS990/AllOtherContributionsAmt | 0 | 3000 |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | VANDEVENTER BLACK LLP |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 7574468544 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 101 W MAIN STREET STE 500 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | NOFOLK |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 23510 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOfficerEntInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 164503 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 360147 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 1 |
| IRS990/CompensationProcessOtherInd | 0 | 1 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 3000 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 12 |
| IRS990/CYOtherExpensesAmt | 0 | 84232 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -81220 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 84232 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 3012 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | PROVIDED SCHOLARSHIPS TO STUDENTS AT PRIVATE POSTSECONDARY INSTITUTIONS |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 1 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 0 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt | 0 | 1935 |
| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 1935 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 7 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 7 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 3 | 0.30 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | DONALD FORAN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | WILLIAM FRANKLIN |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | ALANNA MCCARGO |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 3 | MICHAEL WADE |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | PRESIDENT AND DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | SECRETARY AND DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | TREASURER AND DIRECTOR |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 3 | DIRECTOR |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2012 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedInd | 0 | 0 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 4 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 3012 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 0 |
| IRS990/IndependentVotingMemberCnt | 0 | 4 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InterestGrp/ManagementAndGeneralAmt | 0 | 82290 |
| IRS990/InterestGrp/TotalAmt | 0 | 82290 |
| IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt | 0 | 12 |
| IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt | 0 | 12 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 0 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LegalDomicileStateCd | 0 | DE |
| IRS990/LoanOutstandingInd | 0 | 0 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingCashInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | THE PURPOSE OF THE CORPORATION IS TO EXTEND EDUCATIONAL OPPORTUNITIES TO PROSPECTIVE AND ENROLLED STUDENTS WHO HAVE DEMONSTRATED FINANCIAL NEED, PERSONAL ACHIEVEMENT, AND THE POTENTIAL FOR ACADEMIC AND CAREER SUCCESS THROUGH THE ESTABLISHMENT OF A FUND FOR THE GRANTING OF SCHOLARSHIPS, GRANTS, AND LOANS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 8500000 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 437532 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 356312 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsSFAS117Ind | 0 | X |
| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990/OtherLiabilitiesGrp/BOYAmt | 0 | 1900 |
| IRS990/OtherLiabilitiesGrp/EOYAmt | 0 | 3835 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PayPremiumsPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | DONALD FORAN |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 2455550 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 2366700 |
| IRS990/PYInvestmentIncomeAmt | 0 | 29 |
| IRS990/PYOtherExpensesAmt | 0 | 167728 |
| IRS990/PYOtherRevenueAmt | 0 | 0 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | -78849 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 2534428 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 2455579 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/RcvFndsToPayPrsnlBnftCntrctInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -81220 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 1 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 8774929 |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 3000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2455550 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2021044 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3310119 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 7789713 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 12 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 29 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 40 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 55 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 136 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 889358 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 6900355 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 3000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 2455550 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 2021044 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3310119 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 7789713 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 7789849 |
| IRS990/ScheduleBRequiredInd | 0 | 0 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt | 0 | 3835 |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | DUE TO DELTA CAREER EDUCATION CORPORATION |
| IRS990ScheduleD/TotalBookValueLandBuildingsAmt | 0 | 0 |
| IRS990ScheduleD/TotalLiabilityAmt | 0 | 3835 |
| IRS990/ScheduleJRequiredInd | 0 | 0 |
| IRS990/ScheduleORequiredInd | 0 | 1 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | COPIES OF THE COMPLETED FORM 990, WITH SUPPORTING SCHEDULES, WILL BE DISTRIBUTED TO THE PRESIDENT OF THE CORPORATION. THE PRESIDENT WILL REVIEW THE FORM 990, AND ANY CORRECTIONS OR CHANGES WILL BE NOTED AND ADDRESSED. COPIES OF THE COMPLETED FORM 990 WILL BE DISTRIBUTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL. ONCE APPROVED BY ALL OF THE DIRECTORS, THE FORM 990 WILL BE FILED WITH THE IRS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ORGANIZATION IS A CHARITABLE ORGANIZATION, AND, IN ORDER TO MAINTAIN ITS FEDERAL TAX-EXEMPTION, IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. EACH DIRECTOR, PRINCIPAL OFFICER, AND MEMBER OF THE COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL - A. RECEIVE A COPY OF THE CONFLICT OF INTEREST POLICY, - B. READ AND UNDERSTAND THE POLICY, AND - C. AGREE TO COMPLY WITH THE POLICY. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | IN ESTABLISHING THE COMPENSATION FOR ANY OFFICER OR DIRECTOR OF DELTA EDUCATION SCHOLARSHIP FUND, A VIRGINIA NONSTOCK CORPORATION (THE "CORPORATION"), OR ANY INDIVIDUAL WHO IS ONE OF THE CORPORATION'S HIGHEST COMPENSATED EMPLOYEES OR HIGHEST COMPENSATED INDEPENDENT CONTRACTORS, THE OFFICERS AND DIRECTORS OF THE CORPORATION SHALL ADHERE TO VARIOUS PROCEDURES. THESE PROCEDURES PROVIDE THAT: THE DECISION TO APPROVE THE COMPENSATION ARRANGEMENT WILL BE DETERMINED BY A COMPENSATION COMMITTEE (ALL OF THE MEMBERS OF WHICH SHALL NOT HAVE A FINANCIAL INTEREST IN THE CORPORATION), WHICH SHALL CONSIDER A VARIETY OF FACTORS INCLUDING INFORMATION ABOUT COMPENSATION PAID BY SIMILARLY SITUATED TAXABLE OR TAX-EXEMPT ORGANIZATIONS FOR SIMILAR SERVICES AND CURRENT COMPENSATION SURVEYS COMPILED BY INDEPENDENT FIRMS; THE DECISION MADE BY EACH INDIVIDUAL WHO DECIDED OR VOTED ON THE COMPENSATION ARRANGEMENT SHALL BE RECORDED IN WRITING AND THE INFORMATION UPON WHICH THE DECISION TO APPROVE THE COMPENSATION ARRANGEMENT WAS BASED ON ITS SOURCE SHALL BE RECORDED IN WRITING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY AVAILABE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990, PART VI, SECTION B, LINE 11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION B, LINE 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990/SchoolOperatingInd | 0 | 0 |
| IRS990/SignificantChangeInd | 0 | 0 |
| IRS990/SignificantNewProgramSrvcInd | 0 | 0 |
| IRS990/SubjectToProxyTaxInd | 0 | 0 |
| IRS990/TaxablePartyNotificationInd | 0 | 0 |
| IRS990/TaxExemptBondsInd | 0 | 0 |
| IRS990/TempOrPermanentEndowmentsInd | 0 | 0 |
| IRS990/TerminateOperationsInd | 0 | 0 |
| IRS990/TotalAssetsBOYAmt | 0 | 8939432 |
| IRS990/TotalAssetsEOYAmt | 0 | 360147 |
| IRS990/TotalAssetsGrp/BOYAmt | 0 | 8939432 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 360147 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 3000 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 84232 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 84232 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 8501900 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 3835 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 8501900 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 3835 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | 437532 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | 356312 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 12 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 3012 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 4 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 8939432 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 360147 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnrestrictedNetAssetsGrp/BOYAmt | 0 | 437532 |
| IRS990/UnrestrictedNetAssetsGrp/EOYAmt | 0 | 356312 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 101 WEST MAIN STREET NO 500 |
| IRS990/USAddress/CityNm | 0 | NORFOLK |
| IRS990/USAddress/StateAbbreviationCd | 0 | VA |
| IRS990/USAddress/ZIPCd | 0 | 23510 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 4 |
| IRS990/VotingMembersIndependentCnt | 0 | 4 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | DONALD FORAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 7574468544 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2016-11-04 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | DELTA EDUCATION SCHOLARSHIP FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DELT |
| ReturnHeader/Filer/EIN | 0 | 454264482 |
| ReturnHeader/Filer/PhoneNum | 0 | 7574468544 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 101 WEST MAIN STREET NO 500 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | NORFOLK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 23510 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 560747981 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | DIXON HUGHES GOODMAN LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 440 MONTICELLO AVE SUITE 1400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NORFOLK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | VA |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 23510 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7576245100 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | CARON E CROUSE |
| ReturnHeader/ReturnTs | 0 | 2016-11-10T06:52:16-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2015-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2015-12-31 |
| ReturnHeader/TaxYr | 0 | 2015 |
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