Nonprofit · EIN 22-3294039
W E B DUBOIS SCHOLARS INSTITUTE INC
Tax-exempt · PRINCETON, NJ 08542
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $844,638 | $797,571 | $47,067 | $1,400,238 | $291,601 | $1,108,637 |
| December 31, 2023 | 990 | $573,137 | $584,624 | -$11,487 | $1,390,013 | $486,443 | $903,570 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $327,330
- Program service revenue
- $393,232
- Investment income
- $124,076
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $300
- Compensation of officers, directors and key employees
- $72,000
- Other salaries and wages
- $198,088
- Salaries, compensation and benefits (total)
- $293,036
- Professional fundraising fees
- $0
- Accounting fees
- $11,075
- Travel
- $6,378
- Depreciation
- $560
- Program services (functional)
- $768,752
- Management and general (functional)
- $18,035
- Fundraising (functional)
- $10,784
Balance sheet and other
- Total assets, start of year
- $1,390,013
- Total assets, end of year
- $1,400,238
- Total liabilities, end of year
- $291,601
- Net assets, end of year
- $1,108,637
- Land, buildings and equipment
- $840
- Publicly traded securities
- $1,117,194
- Net assets without donor restrictions
- $892,887
- Net assets with donor restrictions
- $215,750
- Gross receipts
- $844,638
- Employees
- 19
- Year formed
- 1994
- State of legal domicile
- NJ
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERLE BOONE | Trustee Trustee or director, Officer | 30 | $0 |
| DARIUS HUBBARD | Trustee Trustee or director | 5 | $0 |
| DAMON JONES PHD | Trustee Trustee or director | 5 | $0 |
| CHARLEY FLINT PHD | Trustee Trustee or director | 5 | $0 |
| ERIC PHILLIPS | Trustee Trustee or director | 5 | $0 |
| RASHAWN DAVIS | Trustee Trustee or director | 5 | $0 |
| PHYLIS PETERMAN PHD | Trustee Trustee or director | 5 | $0 |
| J HUNTLEY PALMER | Trustee Trustee or director | 5 | $0 |
| KAREN ALFORD | Trustee Trustee or director | 5 | $0 |
| PAMELA ELLIS | Trustee Trustee or director | 5 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHERLE BOONE | Trustee Trustee or director, Officer | 30 | $72,000 |
| DARIUS HUBBARD | Trustee Trustee or director | 5 | $0 |
| DAMON JONES PHD | Trustee Trustee or director | 5 | $0 |
| CHARLEY FLINT PHD | Trustee Trustee or director | 5 | $0 |
| ERIC PHILLIPS | Trustee Trustee or director | 5 | $0 |
| RASHAWN DAVIS | Trustee Trustee or director | 5 | $0 |
| PHYLIS PETERMAN PHD | Trustee Trustee or director | 5 | $0 |
| J HUNTLEY PALMER | Trustee Trustee or director | 5 | $0 |
| KAREN ALFORD | Trustee Trustee or director | 5 | $0 |
| PAMELA ELLIS | Trustee Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 174 NASSAU STREET BOX 360, PRINCETON, NJ 08542-7005
- In care of
- % SHERLE L BOONE
- Signed the 990
- SHERLE BOONE, Executive Director
- Phone
- (973) 720-3394
- Website
- www.webduboisscholars.org
- Return prepared by
- KINNEY & COMPANY LLC
Mission
TO PROVIDE LEADERSHIP SKILLS TO HIGH ACHIEVING INNER CITY YOUTHS TO BECOME LEADERS IN THEIR COMMUNITIES.
Program accomplishments
- PROVIDED LEADERSHIP TRAINING AND ACADEMIC COURSES TO HIGH ACHIEVING INNER CITY ADOLESCENT YOUTHS TO PREPARE THEM FOR LEADERSHIP ROLLS IN THEIR COMMUNITY.Expenses $768,752 · revenue $551,232
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 22-3294039
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- School
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B27Z)
- Assets (IRS master file)
- $1,400,238
- Income (IRS master file)
- $844,638
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $844,638 | $797,571 | $1,400,238 | IRS |
| 990 | December 2023 | $573,137 | $584,624 | $1,390,013 | XML |
| 990 | December 2022 | $206,533 | $316,741 | $1,024,704 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 22-3294039).
Questions about W E B DUBOIS SCHOLARS INSTITUTE INC
- What is the EIN of W E B DUBOIS SCHOLARS INSTITUTE INC?
- The employer identification number (EIN) of W E B DUBOIS SCHOLARS INSTITUTE INC is 22-3294039.
- Is W E B DUBOIS SCHOLARS INSTITUTE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to W E B DUBOIS SCHOLARS INSTITUTE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does W E B DUBOIS SCHOLARS INSTITUTE INC 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 W E B DUBOIS SCHOLARS INSTITUTE INC 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 W E B DUBOIS SCHOLARS INSTITUTE INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of W E B DUBOIS SCHOLARS INSTITUTE INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does W E B DUBOIS SCHOLARS INSTITUTE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $844,638, expenses of $797,571 and total assets of $1,400,238 at year end.
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