Nonprofit · EIN 31-1480933
CHILDRENS SCHOLARSHIP FUND BALTIMORE
Tax-exempt · BALTIMORE, MD 21224
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $757,997 | $881,425 | -$123,428 | $1,030,085 | $123,776 | $906,309 |
| June 30, 2024 | 990 | $713,954 | $840,776 | -$126,822 | $1,016,808 | $5,198 | $1,011,610 |
| June 30, 2023 | 990 | $719,593 | $774,820 | -$55,227 | $1,134,188 | $5,434 | $1,128,754 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $718,067
- Program service revenue
- $0
- Investment income
- $39,168
- Other revenue
- $762
Expenses
- Grants and similar amounts paid
- $595,765
- Compensation of officers, directors and key employees
- $107,000
- Other salaries and wages
- $62,939
- Salaries, compensation and benefits (total)
- $191,300
- Professional fundraising fees
- $0
- Accounting fees
- $21,400
- Travel
- $3,008
- Program services (functional)
- $703,296
- Management and general (functional)
- $79,988
- Fundraising (functional)
- $98,141
Balance sheet and other
- Total assets, start of year
- $1,016,808
- Total assets, end of year
- $1,030,085
- Total liabilities, end of year
- $123,776
- Net assets, end of year
- $906,309
- Publicly traded securities
- $41,576
- Net assets without donor restrictions
- $879,784
- Net assets with donor restrictions
- $26,525
- Gross receipts
- $757,997
- Employees
- 2
- Volunteers
- 0
- Year formed
- 1996
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERICA JENSEN | EXECUTIVE DIRECTOR Officer | 40 | $107,000 |
| ANNE MICKLE | TRUSTEE Trustee or director | 0.25 | $0 |
| CARVILLE COLLINS | TRUSTEE Trustee or director | 0.25 | $0 |
| DANIEL P VERBIC | TRUSTEE Trustee or director | 0.25 | $0 |
| ELIZABETH GREEN | CHAIR Trustee or director, Officer | 1 | $0 |
| GABRIELA CALDERON | TRUSTEE Trustee or director | 0.25 | $0 |
| KARA BOWMAN | TRUSTEE Trustee or director | 0.25 | $0 |
| MEG LAWRENCE | SECRETARY Trustee or director, Officer | 1 | $0 |
| RENEE C GUCKERT | TRUSTEE Trustee or director | 0.25 | $0 |
| RICK CORCORAN JR | TREASURER Trustee or director, Officer | 1 | $0 |
| SOPHIA MARQUEZ | ALUMNI DEVELOPMENT CHAIR Trustee or director, Officer | 1 | $0 |
| STACY LANDSMAN | TRUSTEE Trustee or director | 0.25 | $0 |
| TRACY A BACIGALUPO | TRUSTEE Trustee or director | 0.25 | $0 |
| VALERIE GRAYS | TRUSTEE Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2024: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERICA JENSEN | EXECUTIVE DIRECTOR Officer | 40 | $96,166 |
| ANGELO OTTERBEIN | SECRETARY Trustee or director, Officer | 1 | $0 |
| ANNE MICKLE | TRUSTEE Trustee or director | 0.25 | $0 |
| CARL SCHWARTZ | TRUSTEE Trustee or director | 0.25 | $0 |
| CARVILLE COLLINS | TRUSTEE Trustee or director | 0.25 | $0 |
| DANIEL P VERBIC | TRUSTEE Trustee or director | 0.25 | $0 |
| ELIZABETH DELLA MASSING | TRUSTEE Trustee or director | 0.25 | $0 |
| ELIZABETH GREEN | CHAIR Trustee or director, Officer | 1 | $0 |
| GABRIELA CALDERON | TRUSTEE Trustee or director | 0.25 | $0 |
| KARA BOWMAN | TRUSTEE Trustee or director | 0.25 | $0 |
| MARK TERRANOVA | TRUSTEE Trustee or director | 0.25 | $0 |
| MEG LAWRENCE | TRUSTEE Trustee or director | 0.25 | $0 |
| RENEE C GUCKERT | TRUSTEE Trustee or director | 0.25 | $0 |
| RICK CORCORAN JR | TREASURER Trustee or director, Officer | 1 | $0 |
| SOPHIA MARQUEZ | ALUMNI DEVELOPMENT CHAIR Trustee or director, Officer | 1 | $0 |
| STACY LANDSMAN | TRUSTEE Trustee or director | 0.25 | $0 |
| TRACY A BACIGALUPO | TRUSTEE Trustee or director | 0.25 | $0 |
| VALERIE GRAYS | TRUSTEE Trustee or director | 0.25 | $0 |
990 for the year ended June 30, 2023: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERICA JENSEN STARTED JULY 2022 | EXECUTIVE DIRECTOR Officer | 40 | $47,445 |
| ANGELO OTTERBEIN | SECRETARY Trustee or director, Officer | 1 | $0 |
| ANNE MICKLE | TRUSTEE Trustee or director | 0.25 | $0 |
| CARL SCHWARTZ | TRUSTEE Trustee or director | 0.25 | $0 |
| CARVILLE COLLINS | TRUSTEE Trustee or director | 0.25 | $0 |
| DANIEL P VERBIC | TRUSTEE Trustee or director | 0.25 | $0 |
| ELIZABETH DELLA MASSING | TRUSTEE Trustee or director | 0.25 | $0 |
| ELIZABETH GREEN | CHAIR Trustee or director, Officer | 1 | $0 |
| GABRIELA CALDERON | TRUSTEE Trustee or director | 0.25 | $0 |
| KARA BOWMAN | TRUSTEE Trustee or director | 0.25 | $0 |
| MARK TERRANOVA | TRUSTEE Trustee or director | 0.25 | $0 |
| MEG LAWRENCE | TRUSTEE Trustee or director | 0.25 | $0 |
| RENEE C GUCKERT | TRUSTEE Trustee or director | 0.25 | $0 |
| RICK CORCORAN JR | TREASURER Trustee or director, Officer | 1 | $0 |
| SOPHIA MARQUEZ | ALUMNI DEVELOPMENT CHAIR Trustee or director, Officer | 1 | $0 |
| STACY LANDSMAN | TRUSTEE Trustee or director | 0.25 | $0 |
| TRACY A BACIGALUPO | TRUSTEE Trustee or director | 0.25 | $0 |
| VALERIE GRAYS | TRUSTEE Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 5282, BALTIMORE, MD 21224-0282
- Principal officer (990 for 2024)
- ERICA JENSEN, PO BOX 5282, BALTIMORE, MD 21224
- Signed the 990
- ERICA JENSEN, EXECUTIVE DIRECTOR
- Phone
- (410) 243-2510
- Website
- WWW.CSFBALTIMORE.ORG
- Return prepared by
- ELLIN & TUCKER CHARTERED
Mission
CSFB AWARDS KINDERGARTEN TO 8TH GRADE SCHOLARSHIPS TO LOW INCOME BALTIMORE CITY FAMILIES WITHOUT REGARD TO GENDER, RACE, GRADES OR TEST SCORES, ETHNICITY OR RELIGIOUS BELIEF.
Program accomplishments
- CSFB KNOWS THAT PARENTS WANT TO CHOOSE A SCHOOL FOR THEIR CHILDREN THAT WILL MEET THEIR NEEDS - SOCIALLY, ACADEMICALLY, EMOTIONALLY AND STRUCTURALLY. OUR MISSION IS TO PROVIDE THE CHOICE TO EVERY FAMILY - REGARDLESS OF INCOME LEVEL. CONCURRENT WITH PUBLIC EDUCATION REFORMS IN BALTIMORE, PRIVATELY-FUNDED SCHOOL CHOICE REMAINS AN OPTION THAT HUNDREDS OF FAMILIES WANT FOR THEIR CHILDREN - THERE ARE CONSISTENTLY MORE THAN 900 STUDENTS FROM 400 FAMILIES ON OUR WAITING LIST. CSFB IS THE ONLY NON-PROFIT ORGANIZATION IN BALTIMORE CITY THAT AWARDS KINDERGARTEN-8TH GRADE SCHOLARSHIPS TO LOW-INCOME FAMILIES WITHOUT REGARD TO GENDER, RACE, GRADES OR TEST SCORES, ETHINICITY OR RELIGIOIUS BELIEF. THE ONLY REQUIREMENTS ARE THAT OUR FAMILIES:1. MEET CSFB INCOME ELIGIBILITY - AT OR BELOW 270% OF THE FEDERAL POVERTY LEVEL;2. CONTRIBUTE A MINIMUM OF $500 PER YEAR PER CHILD IN TUITION;3. RESIDE IN BALTIMORE CITY;4. ENSURE THAT THEIR CHILDREN MAINTIAN A 90% ATTENDANCE RATE AT SCHOOL.WE BELIEVE THAT A STUDENT'S ECONOMIC STATUS SHOULD BE NEITHER A BARRIER TO THE SCHOOL OF HIS OR HER CHOICE, NOR A VARIABLE IN HIS OR HER SUCCESS IN SCHOOL AND IN LIFE. THESE SCHOLARSHIPS ENABLE CHILDREN TO BUILD CRITICAL ACADEMIC AND SOCIAL SKILLS - ENSURING LONG-TERM SUCCESS.Expenses $703,296 · grants $595,765
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 31-1480933
- 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
- 1997
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $1,030,085
- Income (IRS master file)
- $757,997
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $757,997 | $881,425 | $1,030,085 | IRS |
| 990 | June 2024 | $713,954 | $840,776 | $1,016,808 | XML |
| 990 | June 2023 | $719,593 | $774,820 | $1,134,188 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 31-1480933).
Questions about CHILDRENS SCHOLARSHIP FUND BALTIMORE
- What is the EIN of CHILDRENS SCHOLARSHIP FUND BALTIMORE?
- The employer identification number (EIN) of CHILDRENS SCHOLARSHIP FUND BALTIMORE is 31-1480933.
- Is CHILDRENS SCHOLARSHIP FUND BALTIMORE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to CHILDRENS SCHOLARSHIP FUND BALTIMORE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHILDRENS SCHOLARSHIP FUND BALTIMORE 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 CHILDRENS SCHOLARSHIP FUND BALTIMORE due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHILDRENS SCHOLARSHIP FUND BALTIMORE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CHILDRENS SCHOLARSHIP FUND BALTIMORE?
- The 990 for the year ended June 30, 2025 names ERICA JENSEN.
- Who are the officers and directors of CHILDRENS SCHOLARSHIP FUND BALTIMORE?
- The 990 for the year ended June 30, 2025 lists 14 people; 1 received compensation from the organization, the highest $107,000 (ERICA JENSEN, EXECUTIVE DIRECTOR).
- How much revenue does CHILDRENS SCHOLARSHIP FUND BALTIMORE have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $757,997, expenses of $881,425 and total assets of $1,030,085 at year end.
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