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Denton African American Scholarship Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 261359294 ✦ Denton, TX ✦ Designated as a 501(c)(3)

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Overview

What is Denton African American Scholarship Foundation Inc?

The Denton African American Scholarship Foundation is a nonprofit organization situated in Denton, Texas, specifically focused on supporting students of African American descent graduating from Denton Independent School District (ISD) schools. Their primary objective is to facilitate access to higher education by offering substantial financial aid in the form of scholarships. As of the provided information, they have granted scholarships amounting to $13,850 and $11,000 to deserving graduates, thereby making a significant impact in the lives of these young individuals.


Official website here: www.dentonaasf.org

Is Denton African American Scholarship Foundation Inc legitimate?

Denton African American Scholarship Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Denton African American Scholarship Foundation Inc submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Official website here: www.dentonaasf.org

What is the mission statement of Denton African American Scholarship Foundation Inc?

The Denton African American Scholarship Foundation's mission is centered around making higher education a attainable goal for graduating students of African American descent from Denton Independent School District. They accomplish this by granting scholarships, with a total of $13,850 and $11,000 awarded in recent years. This non-profit organization aims to empower these young individuals to pursue their academic dreams and secure a solid future.


Official website here: www.dentonaasf.org

Who is the CEO of Denton African American Scholarship Foundation Inc?

Harry Eaddy is the President of Denton African American Scholarship Foundation Inc.


Official website here: www.dentonaasf.org

What is the revenue of Denton African American Scholarship Foundation Inc?

Denton African American Scholarship Foundation Inc's revenue in 2022 was $48,993.


Official website here: www.dentonaasf.org

Who are the executives of Denton African American Scholarship Foundation Inc and what are their salaries?


Here are 4 key members and their salaries:


Harry Eaddy (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valda Morgan Phd (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Reginald Logan (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simon Allo Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.dentonaasf.org

Where can I find the form 990EZ for Denton African American Scholarship Foundation Inc?

Denton African American Scholarship Foundation Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.dentonaasf.org

Learn more at the official website: www.dentonaasf.org

Mission Statement of Denton African American Scholarship Foundation Inc

The Denton African American Scholarship Foundation is committed to a noble mission. In its own capacity, the organization strives to make higher education a tangible opportunity for young individuals of African American descent who have completed their secondary education within the Denton Independent School District. To accomplish this, the foundation extends financial aid in the form of scholarships, granting a total of $13,850 and $11,000 to deserving recipients each year. This initiative plays a pivotal role in breaking down financial barriers and paving the way for these students to pursue their academic dreams. By doing so, the Denton African American Scholarship Foundation contributes significantly to the future of these students, thereby fostering a more diverse and enriched educational landscape.

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Impact




August, 2024

The Denton African American Scholarship Foundation Inc's impact is evident in its commitment to making college a reality for youth of African American descent graduating from Denton ISD schools. Through providing college scholarships to Denton ISD graduates totaling $13,850 and $11,000 respectively, the foundation is helping to bridge the gap and support the educational aspirations of African American students in the community. By offering financial assistance, the foundation is not only investing in individual students but also contributing to the overall advancement of African American youths in Denton, Texas.




This information is meant to be a general summary of Denton African American Scholarship Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$48,993 (2022)
Expenses
$19,858 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $48,993

Assets and Liabilities:

  • Total Assets: $411,650
  • Total Liabilities: $11,531
  • Net Assets: $400,119

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Organization Details

Principal Officer

Harry Eaddy

Main Address

29 WELLINGTON OAKS CIRCLE, DENTON, TX, 76210

NTEE Category

Code: B82 - Education

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