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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 23-7253537

NEGRO ACADEMIC SCHOLARSHIP FUND

Tax-exempt (reinstated) · PALM SPRINGS, CA 92263

Financials

$37K$35K2023$38K$44K2024
Revenue Expenses · by fiscal year end
Financials of NEGRO ACADEMIC SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$37,967$43,523-$5,556$50,557–$50,557
December 31, 2023990-EZ$37,088$35,050$2,038$56,113–$56,113
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$37,272
Investment income
$695

Expenses

Grants and similar amounts paid
$10,350
Compensation of officers, directors and key employees
$1,800
Salaries, compensation and benefits (total)
$1,800
Professional fees and payments to contractors
$600
Printing, publications and postage
$306
Other expenses
$30,467

Balance sheet and other

Total assets, start of year
$56,113
Total assets, end of year
$50,557
Total liabilities, end of year
–
Net assets, end of year
$50,557
Cash, savings and investments
$50,557
Gross receipts
$37,967

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JANICE HARRELLPresident10$900
CYNTHIA SESSIONSecretary5$900
990-EZ for the year ended December 31, 2023: 2 people
NameTitleHours / weekCompensation
JANICE HARRELLPresident10$600
CYNTHIA SESSIONSecretary5$600

Address and contacts

Address (IRS master file)
PO BOX 359, PALM SPRINGS, CA 92263-0359
Signed the 990-EZ
JANICE HARRELL, President
Phone
(760) 409-2301
Return prepared by
Steven T Reynolds CPA

California records

California keeps its own records of charities and corporations. Search them by EIN 23-7253537 or by the name NEGRO ACADEMIC SCHOLARSHIP FUND.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

THE PURPOSE OF THE ORGANIZATION IS TO PROVIDE SCHOLARSHIP FUNDS TO PALM SPRINGS AREA HIGH SCHOOL SENIORS WHO ARE PURSUING A SECONDARY EDUCATION.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • STUDENT SCHOLARSHIPS
    grants $10,350

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

File the 2025 990-N for NEGRO ACADEMIC SCHOLARSHIP FUND

Due May 15, 2026 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
23-7253537
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2014
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$50,557
Income (IRS master file)
$37,967

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
June 9, 2011
Reinstated
Effective May 15, 2010

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$37,967$43,523$50,557IRS
990-EZDecember 2023$37,088$35,050$56,113XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2019–––IRS
990-EZDecember 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7253537).

Questions about NEGRO ACADEMIC SCHOLARSHIP FUND

What is the EIN of NEGRO ACADEMIC SCHOLARSHIP FUND?
The employer identification number (EIN) of NEGRO ACADEMIC SCHOLARSHIP FUND is 23-7253537.
Is NEGRO ACADEMIC SCHOLARSHIP FUND tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective May 15, 2010.
Are donations to NEGRO ACADEMIC SCHOLARSHIP FUND tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEGRO ACADEMIC SCHOLARSHIP FUND file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of NEGRO ACADEMIC SCHOLARSHIP FUND due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEGRO ACADEMIC SCHOLARSHIP FUND last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of NEGRO ACADEMIC SCHOLARSHIP FUND?
The 990-EZ for the year ended December 31, 2024 lists 2 people; 2 received compensation from the organization, the highest $900 (JANICE HARRELL, President).
How much revenue does NEGRO ACADEMIC SCHOLARSHIP FUND have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $37,967, expenses of $43,523 and total assets of $50,557 at year end.

Other nonprofits in PALM SPRINGS

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