Skip to main content

Nonprofit · EIN 74-2560683

PSI ALPHA SCHOLARSHIP FOUNDATION

Tax-exempt · SAN ANTONIO, TX 78203

Financials

$305K$411K2023$338K$376K2024
Revenue Expenses · by fiscal year end
Financials of PSI ALPHA SCHOLARSHIP FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$338,236$375,900-$37,664$343,399$0$343,399
December 31, 2023990$304,663$411,043-$106,380$381,063$0$381,063
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$34,950
of which government grants
$30,450
Membership dues
$4,500
Program service revenue
$288,739
Investment income
$5,712
Other revenue
$8,835

Expenses

Grants and similar amounts paid
$95,518
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,200
Depreciation
$5,970
Program services (functional)
$327,188
Management and general (functional)
$27,508
Fundraising (functional)
$21,204

Balance sheet and other

Total assets, start of year
$381,063
Total assets, end of year
$343,399
Total liabilities, end of year
$0
Net assets, end of year
$343,399
Land, buildings and equipment
$78,199
Net assets without donor restrictions
$343,399
Gross receipts
$356,454
Employees
0
Volunteers
216
Year formed
2019
State of legal domicile
TX

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
EDDIE CHEWBOARD MEMBER
Trustee or director
15$0
SCOTT EARLEBOARD MEMBER
Trustee or director
15$0
JIMMY E MCMILLIONVICE PRESIDE
Trustee or director
15$0
MILES FISHERBOARD MEMBER
Trustee or director
15$0
FREDERICK B BEEBEPRESIDENT
Trustee or director
15$0
ODELL SIDBERRYSECRETARY
Trustee or director
15$0
ANTONIO NICHOLSTREASURER
Trustee or director
15$0
RICHARD L WILLIAMSBOARD MEMBER
Trustee or director
15$0
CICERO GODBEEBOARD MEMBER
Trustee or director
15$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensation
EDDIE CHEWPRESIDENT
Trustee or director
15$0
KEITH SINGLETONVICE PRESIDE
Trustee or director
15$0
JIMMIE E MCMILLIONTREASURER
Trustee or director
15$0
DANNY WEDGEWORTHASSISTANT TR
Trustee or director
15$0
FREDERICK B BEEBESECRETARY
Trustee or director
15$0
HERBERT CNANCEASSITANT SEC
Trustee or director
15$0
GREGORY THOMPSONBINGO CHAIRM
Trustee or director
15$0
RICHARD L WILLIAMSBOARD MEMBER
Trustee or director
15$0
CICERO GODBEEBOARD MEMBER
Trustee or director
15$0

Address and contacts

Address (IRS master file)
1135 VIRGINIA BLVD, SAN ANTONIO, TX 78203-1831
In care of
% FRANKLIN CERUTI
Mailing address (990-N for 2020)
1135 VIRGINIA BLVD, SAN ANTONIO TX 782031831
Principal officer (990 for 2024)
SCOTT EARLE, 1135 VIRGINIA BLVD, SAN ANTONIO, TX 782031831
Principal officer (990-N for 2020)
KEITH SINGLETON, 1135 VIRGINIA BLVD, SAN ANTONIO TX 782031831
Signed the 990
SCOTT EARLE, BOARD MEMBER
Phone
(210) 363-7084
Return prepared by
BRITTS & ASSOCIATES LLP

Mission

THE PURPOSES FOR WHICH THIS CORPORATION IS INCORPORATED ARE THOSE SET FORTH IN THE ARTICLES OF INCORPORATION. SPECIFICALLY, THE CORPORATION WAS FORMED FOR THE EXPRESS PURPOSE OF PROVIDING SCHOLARSHIPS TO HIGH-SCHOOL SENIORS, AND WHEN APPROPRIATE, TO PROVIDE SUPPLEMENTARY SCHOLARSHIPS FOR THESE INDIVIDUALS THROUGHOUT THEIR COLLEGE CAREER. THESE SCHOLARSHIPS WILL BE AWARDED DIRECTLY TO INDIVIDUALS AS A RESULT OF SAID INDIVIDUALS MEETING A SET OF CRITERIA PRE-ESTABLISHED BY THE CORPORATION. AS AN ALTERNATIVE, THE CORPORATION MAY CONDUCT AN ACADEMIC OR AN ACADEMIC/TALENT COMPETITION OR A SERIES OF COMPETITIONS TO DETERMINE THE RECIPIENT OF A SCHOLARSHIP. THESE COMPETITIONS AND THEIR ASSOCIATED PUBLICITY WILL SERVE TO INSTILL IN THE PARTICIPANTS AND THEIR PEER GROUPS THE IMPORTANCE OF AND THE BENEFITS WHICH CAN BE DERIVED FROM ACADEMIC EXCELLENCE. ON OCCASION, SCHOLARSHIP FUNDS WILL BE DONATED TO AND ADMINISTERED BY AN ORGANIZATION WHICH USES SIMILAR CRITERIA TO SELECT THE RECIPIENTS OF ITS

990 for the year ended December 31, 2024

Program accomplishments

  • 1. SCHOLARSHIP COMMITTEE SCHOLARSHIPS - 50,000.00 2. SCHOLARSHIP STIPEND- 4,500.00 (FOUNDATION WILL ALLOT FOR ADDITIONAL STIPEND E.G., 50-PLUS CLUB, ETC.) 3. SCHOLARSHIP AWARDS LUNCHEON & PHOTOGRAPHER- 6,800.00 4. ACHIEVEMENT WEEK HIGH SCHOOL ESSAY CONTEST - 1,500.00 5. SAN ANTONIO AREA TALENT HUNT PRIZE MONEY - 2,250.00 6. YOUTH LEADERSHIP CONFERENCE ESSAY SCHOLARSHIPS - 1,500.00 7. STEM PROGRAM INDIVIDUAL, GROUP AND COMPETITION STEM KITS - 1,150.00 (SUPPORTED STEM KITS TO NAMED INDIVIDUALS IN STEM GROUP) SCHOLARSHIP STIPEND NOTE: 500.00 ADDED BY PASF TO EACH 1,500.00 CHAPTER SCHOLARSHIP TO ACHIEVE 2,000.00 PAYMENT TO EACH AWARDEE. TOTAL 2024 GRANTS: 67,700.00
    Expenses $125,764 · grants $95,518
  • 1. SCHOLARSHIP COMMITTEE SCHOLARSHIPS - 50,000.00 2. SCHOLARSHIP STIPEND- 4,500.00 (FOUNDATION WILL ALLOT FOR ADDITIONAL STIPEND E.G., 50-PLUS CLUB, ETC.) 3. SCHOLARSHIP AWARDS LUNCHEON & PHOTOGRAPHER- 6,800.00 4. ACHIEVEMENT WEEK HIGH SCHOOL ESSAY CONTEST - 1,500.00 5. SAN ANTONIO AREA TALENT HUNT PRIZE MONEY - 2,250.00 6. YOUTH LEADERSHIP CONFERENCE ESSAY SCHOLARSHIPS - 1,500.00 7. STEM PROGRAM INDIVIDUAL, GROUP AND COMPETITION STEM KITS - 1,150.00 (SUPPORTED STEM KITS TO NAMED INDIVIDUALS IN STEM GROUP) SCHOLARSHIP STIPEND NOTE: 500.00 ADDED BY PASF TO EACH 1,500.00 CHAPTER SCHOLARSHIP TO ACHIEVE 2,000.00 PAYMENT TO EACH AWARDEE. TOTAL 2024 GRANTS: 67,700.00
    Expenses $201,424

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. 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 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-2560683
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1991
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Unknown (Z99)
Assets (IRS master file)
$343,399
Income (IRS master file)
$356,454

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$338,236$375,900$343,399XML
990December 2023$304,663$411,043$381,063XML
990December 2022$262,520$208,139$255,126IRS
990-EZDecember 2021–––IRS
990-N for 2020
Officer: KEITH SINGLETON
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Joseph H Pearson
December 31, 2019≤ $50,000 receipts––e-Postcard

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 74-2560683).

Questions about PSI ALPHA SCHOLARSHIP FOUNDATION

What is the EIN of PSI ALPHA SCHOLARSHIP FOUNDATION?
The employer identification number (EIN) of PSI ALPHA SCHOLARSHIP FOUNDATION is 74-2560683.
Is PSI ALPHA SCHOLARSHIP FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1991.
Are donations to PSI ALPHA SCHOLARSHIP FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PSI ALPHA SCHOLARSHIP FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PSI ALPHA SCHOLARSHIP FOUNDATION 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 PSI ALPHA SCHOLARSHIP FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of PSI ALPHA SCHOLARSHIP FOUNDATION?
The 990 for the year ended December 31, 2024 names SCOTT EARLE.
Who are the officers and directors of PSI ALPHA SCHOLARSHIP FOUNDATION?
The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
How much revenue does PSI ALPHA SCHOLARSHIP FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $338,236, expenses of $375,900 and total assets of $343,399 at year end.

Other nonprofits in SAN ANTONIO

All nonprofits in SAN ANTONIO · Texas · Unknown