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| Company Name: | NORFOLK SPORTS CLUB SCHOLARSHIP FOUNDATION |
| Employer identification number (EIN): | 54-6068678 |
| EIN Type | Trusts, Estates, and Non-Profit/Exempt Organizations under the Tax Equity and Fiscal Responsibility Act (TEFRA) |
| EIN Issuing Authority | Brookhaven, NY |
| Federal tax status | Exempt from federal income tax. Registered as a non-profit under 501(c)(3) Title 26 of the United States Code |
| State of Incorporation | Virgninia, VA |
| Mission Statement | THE FOUNDATION SELECTS STUDENTS FROM ACCREDITED HIGH SCHOOLS WITHIN THE GEOGRAPHICAL BOUNDARIES OF SOUTH HAMPTON ROADS, TO RECEIVE A SCHOLARSHIP FROM THE NORFOLK SPORTS CLUB SCHOLARSHIP FOUNDATION. THE SCHOLARSHIP SHALL PAY FOR TUITION, ROOM AND BOARD, AND OTHER COLLEGE EXPENSES BILLED DIRECTLY TO THE FOUNDATION, (THE SCHOLARSHIP AMOUNT AND NUMBER OF SCHOLARSHIPS SHALL BE PREVIOUSLY DETERMINED BY THE BOARD OF TRUSTEES) BY A COLLEGE OR UNIVERSITY WITHIN THE COMMONWEALTH OF VIRGINIA. |
| Number of Employees | 0 |
| Number of Volunteers | 0 |
| Year Formed | 1953 |
| Legal Domicile | VA |
| Voting Members - Governing Body | 12 |
| Voting Members - Independent | 12 |
| 2023-12-31 | |
|---|---|
| Total unrelated business income | USD $ 0 |
| Net unrelated business income | USD $ 0 |
| Program Service Revenue from prior year | USD $ 0 |
| Program Service Revenue from current year | USD $ 0 |
| Investment Income from prior year | USD $ 64,000 |
| Investment Income from current year | USD $ 64,831 |
| Other Revenue from prior year | USD $ 0 |
| Other Revenue from current year | USD $ 0 |
| Gross receipts from all sources | USD $ 70,911 |
| Net assets / fund balances at end of fiscal year | USD $ 980,566 |
| Net assets / fund balances at beginning of fiscal year | USD $ 1,235,221 |
| Total liabilities at end of fiscal year | USD $ 0 |
| Total liabilities at beginning of fiscal year | USD $ 0 |
| Total assets at end of fiscal year | USD $ 980,566 |
| Total assets at beginning of fiscal year | USD $ 1,235,221 |
| Revenues less expenses for current year | USD $ 31,527 |
| Revenues less expenses for previous year | USD $ 30,700 |
| Total expenses for current year | USD $ 39,384 |
| Total expenses for previous year | USD $ 39,300 |
| Other expenses in current year | USD $ 6,384 |
| Other expenses in previous year | USD $ 6,300 |
| Total fundraising expenses in current year | USD $ 0 |
| Professional fundraising fees from current year | USD $ 0 |
| Professional fundraising fees from previous year | USD $ 0 |
| Employee salary and benefits paid in current year | USD $ 0 |
| Employee salary and benefits paid in previous year | USD $ 0 |
| Benefits paid to or for members in current year | USD $ 0 |
| Benefits paid to or for members in previous year | USD $ 0 |
| Grants and similar amounts paid in current year | USD $ 33,000 |
| Grants and similar amounts paid in previous year | USD $ 33,000 |
| Total revenue in current fiscal year | USD $ 70,911 |
| Total revenue in previous fiscal year | USD $ 70,000 |
| Contributions and grants from current year | USD $ 6,080 |
| Contributions and grants from previous year | USD $ 6,000 |
| NORFOLK SPORTS CLUB SCHOLARSHIP |
The following addresses have been detected as associated with Tax Indentification Number 546068678
| USA Mailing Address |
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| Event Date | Event description | |
|---|---|---|
| 2021-08-09 | Posting of automatic revocation of federal tax exempt status for not filing Form 990 return or notice for 3 consecutive years | |
| 2021-05-15 | Automatic revocation of federal tax exempt status for not filing Form 990 return or notice for 3 consecutive years |
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