Nonprofit · EIN 23-7222293
SCHOLARSHIP FOUNDATION AT LEISURE WORLD OF MARYLAND INC
Tax-exempt · SILVER SPRING, MD 20906
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $13,992 | $31,524 | -$17,532 | $182,303 | $0 | $182,303 |
| September 30, 2024 | 990 | $15,441 | $62,736 | -$47,295 | $198,624 | $0 | $198,624 |
| September 30, 2023 | 990 | $8,477 | $65,974 | -$57,497 | $209,628 | $0 | $209,628 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $1,739
- Program service revenue
- $0
- Investment income
- $12,253
- Net gain from sales of assets
- -$2,126
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $17,146
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $1,971
- Accounting fees
- $5,250
- Program services (functional)
- $24,368
- Management and general (functional)
- $7,156
Balance sheet and other
- Total assets, start of year
- $198,624
- Total assets, end of year
- $182,303
- Total liabilities, end of year
- $0
- Net assets, end of year
- $182,303
- Net assets without donor restrictions
- $3,663
- Net assets with donor restrictions
- $178,640
- Gross receipts
- $62,172
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1992
- State of legal domicile
- MD
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUDITH F DUARTE | PRESIDENT/DIRECTOR Trustee or director | 8 | $0 |
| WILLIAM TAYLOR | DIRECTOR Trustee or director | 10 | $0 |
| MARIAN HAYDEN | TREASURER Officer | 25 | $0 |
990 for the year ended September 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JUDITH F DUARTE | PRESIDENT Trustee or director | 4 | $0 |
| PHILLIP WOODS | DIRECTOR Trustee or director | 1 | $0 |
| MARIAN HAYDEN | TREASURER Officer | 10 | $0 |
990 for the year ended September 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ARTHUR B ROUNDS | PRESIDENT Trustee or director | 1 | $0 |
| JUDITH F DUARTE | DIRECTOR Trustee or director | 4 | $0 |
| PHILLIP WOODS | DIRECTOR Trustee or director | 1 | $0 |
| MARIAN HAYDEN | TREASURER Officer | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 3700 ROSSMOOR BLVD, SILVER SPRING, MD 20906-1674
- Principal officer (990 for 2024)
- WILLIAM TAYLOR, 3700 ROSSMOOR BLVD, SILVER SPRING, MD 20906
- Signed the 990
- WILLIAM TAYLOR, DIRECTOR
- Phone
- (301) 598-7335
- Return prepared by
- ROCK CREEK ADVISORS
Mission
THE MISSION OF THE ORGANIZATION IS TO RECEIVE AND MAKE DONATIONS FOR CHARITABLE, EDUCATIONAL AND OTHER SOCIAL WELFARE PURPOSES. SIGNIFICANT ACTIVITY IS PROVIDING COLLEGE SCHOLARSHIP TO MARYLAND HIGH SCHOOL STUDENTS.
Program accomplishments
- THE FOUNDATION PROVIDED SCHOLARSHIPS TO STUDENTS ATTENDING MARYLAND UNIVERSITIES AND AWARDS TO STUDENTS ATTENDING MARYLAND HIGH SCHOOLS.Expenses $24,368 · grants $17,146
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 23-7222293
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization (509(a)(3))
- Donations deductible (Pub 78)
- Supporting organization of unknown type
- Exempt since
- 1972
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T70Z)
- Assets (IRS master file)
- $182,303
- Income (IRS master file)
- $62,172
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $13,992 | $31,524 | $182,303 | XML |
| 990 | September 2024 | $15,441 | $62,736 | $198,624 | IRS |
| 990 | September 2023 | $8,477 | $65,974 | $209,628 | XML |
| 990 | September 2022 | $42,774 | $64,181 | $239,229 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 23-7222293).
Questions about SCHOLARSHIP FOUNDATION AT LEISURE WORLD OF MARYLAND INC
- What is the EIN of SCHOLARSHIP FOUNDATION AT LEISURE WORLD OF MARYLAND INC?
- The employer identification number (EIN) of SCHOLARSHIP FOUNDATION AT LEISURE WORLD OF MARYLAND INC is 23-7222293.
- Is SCHOLARSHIP FOUNDATION AT LEISURE WORLD OF MARYLAND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1972.
- Are donations to SCHOLARSHIP FOUNDATION AT LEISURE WORLD OF MARYLAND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
- Which annual return does SCHOLARSHIP FOUNDATION AT LEISURE WORLD OF MARYLAND 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 SCHOLARSHIP FOUNDATION AT LEISURE WORLD OF MARYLAND INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SCHOLARSHIP FOUNDATION AT LEISURE WORLD OF MARYLAND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of SCHOLARSHIP FOUNDATION AT LEISURE WORLD OF MARYLAND INC?
- The 990 for the year ended September 30, 2025 names WILLIAM TAYLOR.
- Who are the officers and directors of SCHOLARSHIP FOUNDATION AT LEISURE WORLD OF MARYLAND INC?
- The 990 for the year ended September 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does SCHOLARSHIP FOUNDATION AT LEISURE WORLD OF MARYLAND INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $13,992, expenses of $31,524 and total assets of $182,303 at year end.
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