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Darrik S Sabada Memorial Scholarship Foundation

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

EIN: 431870059 ✦ Ballwin, MO ✦ Designated as a 501(c)(3)

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Overview

What is Darrik S Sabada Memorial Scholarship Foundation?

The Darrik S Sabada Memorial Scholarship Foundation is a benevolent organization established in Ballwin, Missouri. Its primary mission is to offer educational funding to deserving students who aspire to attend private high schools or colleges but encounter financial constraints. In 2022, the foundation granted scholarships to students exhibiting a minimum 'C' grade average and verifiable financial need. The scholarship amount varies depending on each student's unique circumstances and is eligible for renewal. The foundation stands as a beacon of hope, providing essential financial support to deserving students pursuing their educational dreams.

Is Darrik S Sabada Memorial Scholarship Foundation legitimate?

Darrik S Sabada Memorial Scholarship Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Darrik S Sabada Memorial Scholarship Foundation 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.

What is the mission statement of Darrik S Sabada Memorial Scholarship Foundation?

The Darrik S Sabada Memorial Scholarship Foundation's mission is centered around offering educational funding to students who wish to pursue their studies in private high schools or colleges, but are financially constrained. In 2022, the foundation granted scholarships to deserving students in both high school and college, provided they maintained a minimum grade point average of 'C' and could substantiate their financial needs. The amount of the scholarship is tailored to each student's individual circumstances and is renewable. The foundation is committed to supporting the educational aspirations of these students, thereby broadening their opportunities for higher education.

Who is the CEO of Darrik S Sabada Memorial Scholarship Foundation?

David Sabada is the Trustee of Darrik S Sabada Memorial Scholarship Foundation.

What is the revenue of Darrik S Sabada Memorial Scholarship Foundation?

Darrik S Sabada Memorial Scholarship Foundation's revenue in 2022 was $2,098.

Who are the executives of Darrik S Sabada Memorial Scholarship Foundation and what are their salaries?


Here are 2 key members and their salaries:


David Sabada (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Sabada (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Darrik S Sabada Memorial Scholarship Foundation?

Darrik S Sabada Memorial Scholarship Foundation's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Darrik S Sabada Memorial Scholarship Foundation

The Darrik S Sabada Memorial Scholarship Foundation is committed to providing financial assistance for students who aspire to attend private high schools or colleges, but are financially constrained. In 2022, the foundation granted scholarships to deserving students, both in high school and college, who maintained a minimum grade point average of 'C' and could demonstrate their financial needs. The scholarship amount varies based on each student's unique circumstances and is eligible for renewal. The Darrik S Sabada Memorial Scholarship Foundation's mission is to empower these students, enabling them to pursue their educational goals despite financial limitations.

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Impact




August, 2024

The Darrik S Sabada Memorial Scholarship Foundation has a direct impact on students who aspire to attend private high school or college but face financial barriers. The foundation provides educational funding through scholarships to deserving individuals who have maintained a "C" average or better and have demonstrated financial need. By offering these scholarships, the foundation not only helps students pursue their academic goals but also supports their overall personal and professional development. This impact resonates in the lives of recipients who benefit from the financial assistance and the opportunity to further their education. The foundation's commitment to providing access to education underscores its significance in creating opportunities for ambitious students in need of support.




This information is meant to be a general summary of Darrik S Sabada Memorial Scholarship Foundation. 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
$2,098 (2022)
Expenses
$34,168 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,098
  • Gross Receipts: $2,098

Assets and Liabilities:

  • Total Assets: $63,278
  • Total Liabilities: $0
  • Net Assets: $63,278

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Organization Details

Principal Officer

David Sabada

Main Address

1432 WESTBROOKE TERRACE DRIVE, BALLWIN, MO, 63021

NTEE Category

Code: B82 - Education

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