Civic Intelligence

The Scholarship Foundation of Robertson County

990 • Fiscal year 2017 • EIN 62-1617313

Jul 01, 2016 to Jun 30, 2017 • Filed on Nov 15, 2017

Organization ProfileN/A

Refreshing map…

728 South Main StreetSpringfield, TN 37172

(615) 384-8431

Siviq Scores

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

Liabilities / Assets

58th percentile

0.07x

Higher debt load relative to assets than 58% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

85th percentile

0.50x

Higher debt load relative to revenue than 85% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

96th percentile

70%

Higher net margin than 96% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Asset Growth

64th percentile

9.5%

Faster asset growth than 64% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

94th percentile

131%

Faster revenue growth than 94% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets58th percentile

Assets

Up

$811,349

Up $70,541 (+9.5%) from 2016

Net Assets

Up

$754,148

Up $81,415 (+12%) from 2016

Liabilities

Down

$57,201

Down $10,874 (-16%) from 2016

Revenue And Expenses
Liabilities / Revenue85th percentileNet Margin96th percentile

Revenue

Up

$115,509

Up $65,443 (+131%) from 2016

Expenses

Down

$34,094

Down $1,082 (-3.1%) from 2016

Net Income

Up

$81,415

Up $66,525 (+447%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth64th percentile

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

$1.5M$1.0M$500K$0Assets 2010: $519,796Liabilities 2010: $36,175Net Assets 2010: $483,6212010Assets 2011: $521,568Liabilities 2011: $33,900Net Assets 2011: $487,6682011Assets 2012: $515,465Liabilities 2012: $34,025Net Assets 2012: $481,4402012Assets 2013: $564,213Liabilities 2013: $45,862Net Assets 2013: $518,3512013Assets 2014: $593,851Liabilities 2014: $54,005Net Assets 2014: $539,8462014Assets 2015: $720,969Liabilities 2015: $63,126Net Assets 2015: $657,8432015Assets 2016: $740,808Liabilities 2016: $68,075Net Assets 2016: $672,7332016Assets 2017: $811,349Liabilities 2017: $57,201Net Assets 2017: $754,1482017Assets 2018: $854,071Liabilities 2018: $48,550Net Assets 2018: $805,5212018Assets 2019: $859,560Liabilities 2019: $41,750Net Assets 2019: $817,8102019Assets 2020: $840,654Liabilities 2020: $48,875Net Assets 2020: $791,7792020Assets 2021: $1,122,592Liabilities 2021: $44,000Net Assets 2021: $1,078,5922021Assets 2022: $982,307Liabilities 2022: $40,751Net Assets 2022: $941,5562022Assets 2023: $1,092,502Liabilities 2023: $40,051Net Assets 2023: $1,052,4512023Assets 2024: $1,266,221Liabilities 2024: $40,050Net Assets 2024: $1,226,1712024Assets 2025: $1,341,912Liabilities 2025: $34,300Net Assets 2025: $1,307,6122025

Highlighted filing

2017

Assets$811,349
Liabilities$57,201
Net Assets$754,148
Open 2017 Filing

Operations Trend

Revenue Growth94th percentile

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

$400K$200K$0-$200KExpenses 2010: $41,2552010Revenue 2011: $41,844Expenses 2011: $37,797Net Income 2011: $4,0472011Expenses 2012: $45,4632012Expenses 2013: $51,1412013Revenue 2014: $81,016Expenses 2014: $59,521Net Income 2014: $21,4952014Revenue 2015: $174,840Expenses 2015: $56,843Net Income 2015: $117,9972015Revenue 2016: $50,066Expenses 2016: $35,176Net Income 2016: $14,8902016Revenue 2017: $115,509Expenses 2017: $34,094Net Income 2017: $81,4152017Revenue 2018: $87,417Expenses 2018: $36,044Net Income 2018: $51,3732018Revenue 2019: $52,050Expenses 2019: $39,761Net Income 2019: $12,2892019Revenue 2020: $21,367Expenses 2020: $47,398Net Income 2020: -$26,0312020Revenue 2021: $335,254Expenses 2021: $48,441Net Income 2021: $286,8132021Revenue 2022: -$86,535Expenses 2022: $50,501Net Income 2022: -$137,0362022Revenue 2023: $154,663Expenses 2023: $43,768Net Income 2023: $110,8952023Revenue 2024: $223,783Expenses 2024: $50,063Net Income 2024: $173,7202024Revenue 2025: $133,035Expenses 2025: $51,594Net Income 2025: $81,4412025

Highlighted filing

2017

Revenue$115,509
Expenses$34,094
Net Income$81,415
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
Nov 15, 2017
Return Version
2016v3.0
Gross Receipts
$115,509
Mission and Program Overview

Mission

To provide robertson county residents scholarships for post-secondary education based on need and merit.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$613,160$471,217▼ $141,943
Savings and Temporary Cash Investments$90,026$310,050▲ $220,024
Cash and Non-Interest-Bearing Accounts$37,622$30,082▼ $7,540
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$740,808$811,349▲ $70,541
Other Assets Total-$0-
Liabilities
Other Liabilities$68,075$57,201▼ $10,874
Total Liabilities$68,075$57,201▼ $10,874
Net Assets / Fund Balance
Permanently Rstr Net Assets$360,759$403,669▲ $42,910
Unrestricted Net Assets$311,974$350,479▲ $38,505
Total Net Assets Fund Balance$672,733$754,148▲ $81,415
Total Liabilities and Net Assets / Fund Balance$740,808$811,349▲ $70,541
Compensation and Service Providers
Top Officer Pay49th percentile

Board Members and Trustees

NameTitle
Kelvin PenuelPresident
Steve HaleyVice Chairman
Chris HallMember at Large
Dick VeatchMember at Large
Freida HerndonMember at Large
James BrownMember at large
James MooreMember at Large
Jason VenczelMember at Large
John HoltMember at Large
Stephanie MasonMember at Large
Terry PriceMember at Large
Susan McclardSecretary
Ervin BrownTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$56,610
Program Service Revenue
$0
Investment Income
$58,899
Other Revenue
$0
All Other Contributions
$56,610
Change in Net Assets
$81,415
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$34,094
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Service Investment Mgmnt Fees-$809-$809
Other Expenses$42,200$120-$120
All Other Expenses$-9,750$112-$-9,638
Total Functional Expenses$32,450$1,644$0$34,094
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Scholarships Payable$57,200
Rounding$1
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
No
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
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Ervin brown (treasurer) prepares the form 990. After preparation of the form two other board members review the form - the president kelvin penuel being one of those board members and one other member of the board.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“FEDERAL 990 AND FINANCIAL STATEMENT INFORMATION IS FILED WITH THE TENNESSEE SECRETARY OF STATE - Division of Charitable Solicitations and Gaming312 Rosa L. Parks Avenue, Snodgrass Tower, 8th Floor Nashville, TN 37243615-741-2555WE INTEND TO ADD A PDF COPY TO OUR WEBSITE LOCATED AT www.rcscholarships.com”

Filing and Contact Details

Filer

Filer Name
The Scholarship Foundation of
EIN
62-1617313
Phone
6153848431
Address
728 SOUTH MAIN STREET, SPRINGFIELD, TN 37172

Signing Officer

Name
Ervin Brown
Title
Treasurer
Signed
2017-11-15

Organization Details

Formed
1995
Legal Domicile
Tn
Voting Board Members
13
Independent Board Members
14
Employees
0
Raw XML AppendixShowing 400 of 419 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/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE ROBERTSON COUNTY RESIDENTS SCHOLARSHIPS FOR POST-SECONDARY EDUCATION BASED ON NEED AND MERIT.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt056610
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0112
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0-9750
IRS990/AllOtherExpensesGrp/TotalAmt0-9638
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0false
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0ERVIN BROWN
IRS990/BooksInCareOfDetail/PhoneNum06153848431
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0728 SOUTH MAIN STREET
IRS990/BooksInCareOfDetail/USAddress/CityNm0SPRINGFIELD
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd037172
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt037622
IRS990/CashNonInterestBearingGrp/EOYAmt030082
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt056610
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt058899
IRS990/CYOtherExpensesAmt034094
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt081415
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt034094
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0115509
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0PROVIDED SCHOLARSHIPS FOR INDIVIDUALS TO ATTEND COLLEGE, UNIVERSITIES, AND VOCATIONAL SCHOOLSCURRENT YEAR AWARDED $42,200 IN SCHOLARSHIPS - PRIOR YEAR'S UNCLAIMED SCHOLARSHIPS = $9,750 NET DISBURSED $32,450
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt032450
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/TotalAmt00
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt0809
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt0809
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.70
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.30
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt120.30
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/PersonNm0TERRY PRICE
IRS990/Form990PartVIISectionAGrp/PersonNm1CHRIS HALL
IRS990/Form990PartVIISectionAGrp/PersonNm2ERVIN BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm3JAMES BROWN
IRS990/Form990PartVIISectionAGrp/PersonNm4STEVE HALEY
IRS990/Form990PartVIISectionAGrp/PersonNm5KELVIN PENUEL
IRS990/Form990PartVIISectionAGrp/PersonNm6DICK VEATCH
IRS990/Form990PartVIISectionAGrp/PersonNm7JOHN HOLT
IRS990/Form990PartVIISectionAGrp/PersonNm8JAMES MOORE
IRS990/Form990PartVIISectionAGrp/PersonNm9FREIDA HERNDON
IRS990/Form990PartVIISectionAGrp/PersonNm10SUSAN MCCLARD
IRS990/Form990PartVIISectionAGrp/PersonNm11JASON VENCZEL
IRS990/Form990PartVIISectionAGrp/PersonNm12STEPHANIE MASON
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt1MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt2Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Member at large
IRS990/Form990PartVIISectionAGrp/TitleTxt4Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt5President
IRS990/Form990PartVIISectionAGrp/TitleTxt6MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt7Member at Large
IRS990/Form990PartVIISectionAGrp/TitleTxt8MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt9MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt10Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt11MEMBER AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt12MEMBER AT LARGE
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/Form990TFiledInd0false
IRS990/FormationYr01995
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0115509
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt014
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/TotalAmt00
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt058899
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt058899
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0613160
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0471217
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0TN
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE ROBERTSON COUNTY RESIDENTS SCHOLARSHIPS FOR POST-SECONDARY EDUCATION BASED ON NEED AND MERIT.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0672733
IRS990/NetAssetsOrFundBalancesEOYAmt0754148
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0SCHOLARSHIPS AWARDED
IRS990/OtherExpensesGrp/Desc1PRINTING
IRS990/OtherExpensesGrp/Desc2MEALS FOR TRAINING
IRS990/OtherExpensesGrp/Desc3TAXES & LICENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0347
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1256
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2120
IRS990/OtherExpensesGrp/ProgramServicesAmt042200
IRS990/OtherExpensesGrp/TotalAmt042200
IRS990/OtherExpensesGrp/TotalAmt1347
IRS990/OtherExpensesGrp/TotalAmt2256
IRS990/OtherExpensesGrp/TotalAmt3120
IRS990/OtherLiabilitiesGrp/BOYAmt068075
IRS990/OtherLiabilitiesGrp/EOYAmt057201
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt0360759
IRS990/PermanentlyRstrNetAssetsGrp/EOYAmt0403669
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt040727
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt09339
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt035176
IRS990/PYRevenuesLessExpensesAmt014890
IRS990/PYTotalExpensesAmt035176
IRS990/PYTotalRevenueAmt050066
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt081415
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt090026
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0310050
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt056610
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt040727
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0183523
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt035720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt033970
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0350550
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt058900
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt015413
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0-8682
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt045296
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt056216
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0167143
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.67710
IRS990ScheduleA/PublicSupportPY170Pct00.75960
IRS990ScheduleA/PublicSupportTotal170Amt0350550
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt056610
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt040727
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0183523
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt035720
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt033970
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0350550
IRS990ScheduleA/TotalSupportAmt0517693
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt01
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt157200
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Rounding
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Scholarships Payable
IRS990ScheduleD/TotalLiabilityAmt057201
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ERVIN BROWN (TREASURER) PREPARES THE FORM 990. AFTER PREPARATION OF THE FORM TWO OTHER BOARD MEMBERS REVIEW THE FORM - THE PRESIDENT KELVIN PENUEL BEING ONE OF THOSE BOARD MEMBERS AND ONE OTHER MEMBER OF THE BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FEDERAL 990 AND FINANCIAL STATEMENT INFORMATION IS FILED WITH THE TENNESSEE SECRETARY OF STATE - Division of Charitable Solicitations and Gaming312 Rosa L. Parks Avenue, Snodgrass Tower, 8th Floor Nashville, TN 37243615-741-2555WE INTEND TO ADD A PDF COPY TO OUR WEBSITE LOCATED AT www.rcscholarships.com
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0TN
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0740808
IRS990/TotalAssetsEOYAmt0811349
IRS990/TotalAssetsGrp/BOYAmt0740808
IRS990/TotalAssetsGrp/EOYAmt0811349
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt056610
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt01644
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt032450
IRS990/TotalFunctionalExpensesGrp/TotalAmt034094
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt068075
IRS990/TotalLiabilitiesEOYAmt057201
IRS990/TotalLiabilitiesGrp/BOYAmt068075
IRS990/TotalLiabilitiesGrp/EOYAmt057201
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0672733
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0754148
IRS990/TotalProgramServiceExpensesAmt032450
IRS990/TotalProgramServiceRevenueAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt058899
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0115509
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0740808
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0811349
IRS990/TransactionWithControlEntInd0false
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0311974
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0350479
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt013
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0N/A

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$811,349
Liabilities
$57,201
Net assets
$754,148
Revenue
$115,509
Expenses
$34,094
Net income
$81,415
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.34$0.03$1.31$0.13$0.05$0.08
2024Detailed filing. Detailed filing data is available for this year.$1.27$0.04$1.23$0.22$0.05$0.17
2023Detailed filing. Detailed filing data is available for this year.$1.09$0.04$1.05$0.15$0.04$0.11
2022Detailed filing. Detailed filing data is available for this year.$0.98$0.04$0.94$0.09$0.05$0.14
2021Detailed filing. Detailed filing data is available for this year.$1.12$0.04$1.08$0.34$0.05$0.29
2020Detailed filing. Detailed filing data is available for this year.$0.84$0.05$0.79$0.02$0.05$0.03
2019Detailed filing. Detailed filing data is available for this year.$0.86$0.04$0.82$0.05$0.04$0.01
2018Detailed filing. Detailed filing data is available for this year.$0.85$0.05$0.81$0.09$0.04$0.05
2017Detailed filing. Detailed filing data is available for this year.$0.81$0.06$0.75$0.12$0.03$0.08
2016Detailed filing. Detailed filing data is available for this year.$0.74$0.07$0.67$0.05$0.04$0.01
2015Detailed filing. Detailed filing data is available for this year.$0.72$0.06$0.66$0.17$0.06$0.12
2014Detailed filing. Detailed filing data is available for this year.$0.59$0.05$0.54$0.08$0.06$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.56$0.05$0.52$0.05
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.03$0.48$0.05
2011Summary only. Only limited summary data is available for this year.$0.52$0.03$0.49$0.04$0.04$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.52$0.04$0.48$0.04
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2017 filings • 501(c)3 • $500k-$1M nonprofits