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Famous Scholars Inc

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

EIN: 842449517 ✦ Valparaiso, IN ✦ Designated as a 501(c)(3)

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Overview

What is Famous Scholars Inc?

Famous Scholars Inc, a nonprofit organization, is committed to empowering children by facilitating their involvement in competitive cheerleading. They accomplish this mission by covering the necessary expenses, including competition fees and uniforms, thereby enabling financially disadvantaged children to participate in this activity. Although the information array does not specify the location or the number of employees, it is clear that Famous Scholars Inc focuses on providing equal opportunities in competitive cheerleading for children who may otherwise be unable to participate due to financial constraints.

Is Famous Scholars Inc legitimate?

Famous Scholars Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Famous Scholars 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Famous Scholars Inc?

Famous Scholars Inc's mission is centered around providing opportunities for children to engage in competitive cheerleading. They accomplish this by covering the necessary expenses, including competition fees and uniforms. This enables children to fully participate in this activity, fostering their skills and enjoyment in the sport. By doing so, the organization empowers young individuals to participate in a competitive setting and gain valuable experiences.

What is the revenue of Famous Scholars Inc?

Famous Scholars Inc's revenue in 2024 was $345,150.

Who are the executives of Famous Scholars Inc and what are their salaries?

There 5 volunteers at Famous Scholars Inc.

Here are 3 key members and their salaries:


Brittany Robinson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dru Downen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Robinson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Famous Scholars Inc?

Famous Scholars Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Famous Scholars Inc

Famous Scholars Inc, a nonprofit organization, is dedicated to providing an opportunity for children to engage in competitive cheerleading. By supplying the necessary competition fees and uniforms, this organization enables financially disadvantaged children to participate in this popular sport. This mission aims to promote physical activity, teamwork, and camaraderie among young individuals, thereby contributing to their overall development and well-being. By alleviating financial barriers, Famous Scholars Inc ensures that no child is excluded from the joy and benefits of competitive cheerleading based on their financial situation.

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Impact




October, 2024

Famous Scholars Inc significantly impacts the Valparaiso community by enabling children to participate in competitive cheerleading. The organization addresses financial barriers by providing essential resources such as competition fees and uniforms. This support not only fosters the athletes' sportsmanship and teamwork skills but also enhances their confidence and personal development.

By making competitive cheerleading accessible, Famous Scholars Inc nurtures a sense of belonging and community among participants, encouraging them to pursue their passions and achieve their goals. The initiative also promotes physical activity and healthy lifestyles, contributing to the overall well-being of the youth in the area. Through its efforts, Famous Scholars Inc plays a critical role in empowering children and enriching their recreational opportunities, ultimately helping to shape a positive, engaged, and active generation.




This information is meant to be a general summary of Famous Scholars 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
$345,150 (2024)
Expenses
$330,685 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Program Service Revenue: $316,935
  • Gross Receipts: $345,150

Assets and Liabilities:

  • Total Assets: $17,530
  • Total Liabilities: $0
  • Net Assets: $17,530

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Cheer Competition

Revenue

$264,209

Team Gear

Revenue

$52,726

Organization Details

Principal Officer

Brittany Robinson

NTEE Category

Code: N11 - Recreation

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