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Nonprofit · EIN 31-1523230

CROSBY SCHOLARS COMMUNITY PARTNERSHIP

Tax-exempt · WINSTON SALEM, NC 27105

Financials

$4.7M$3.2M2022$3.9M$3.5M2023$3.5M$4M2024
Revenue Expenses · by fiscal year end
Financials of CROSBY SCHOLARS COMMUNITY PARTNERSHIP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,458,907$3,972,996-$514,089$8,825,082$146,284$8,678,798
June 30, 2024990$3,913,641$3,507,169$406,472$8,160,391$130,229$8,030,162
June 30, 2023990$4,732,064$3,225,693$1,506,371$7,483,379$72,575$7,410,804
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,065,163
of which government grants
$135,725
Program service revenue
$2,030,604
Investment income
$124,939
Net gain from sales of assets
$91
Net income from fundraising events
$234,342
Other revenue
$238,201

Expenses

Grants and similar amounts paid
$1,116,245
Compensation of officers, directors and key employees
$164,371
Other salaries and wages
$1,445,954
Salaries, compensation and benefits (total)
$1,997,346
Professional fundraising fees
$0
Accounting fees
$25,850
Travel
$19,571
Depreciation
$313,539
Program services (functional)
$3,330,170
Management and general (functional)
$423,726
Fundraising (functional)
$219,100

Balance sheet and other

Total assets, start of year
$8,160,391
Total assets, end of year
$8,825,082
Total liabilities, end of year
$146,284
Net assets, end of year
$8,678,798
Land, buildings and equipment
$1,216,718
Net assets without donor restrictions
$4,949,046
Net assets with donor restrictions
$3,729,752
Gross receipts
$3,524,493
Employees
71
Volunteers
150
Year formed
1997
State of legal domicile
NC

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.

NameTitleHours / weekCompensationOther / benefits
MONA LOVETTEXECUTIVE DI
Trustee or director, Officer
40$138,990$22,816
TIFFANY PARMSDIRECTOR
Trustee or director
1$0$0
SELENA MCLAUGHLINDIRECTOR
Trustee or director
1$0$0
TAMISHA HOLLAND CLARKDIRECTOR
Trustee or director
1$0$0
RACHEL JOHNSONDIRECTOR
Trustee or director
1$0$0
TRICIA MCMANUSDIRECTOR
Trustee or director
1$0$0
DON GELETKODIRECTOR
Trustee or director
1$0$0
MARQUIS BARNETTDIRECTOR
Trustee or director
1$0$0
TONY ROMEODIRECTOR
Trustee or director
1$0$0
CHAD BROWNDIRECTOR
Trustee or director
1$0$0
ANNAMARIE D'SOUZADIRECTOR
Trustee or director
1$0$0
FRANK INGRAMDIRECTOR
Trustee or director
1$0$0
PHILLIP PETROSDIRECTOR
Trustee or director
1$0$0
JEREMIAH SHIPPDIRECTOR
Trustee or director
1$0$0
LATIDA SMITHDIRECTOR
Trustee or director
1$0$0
9 more people on this return
NameTitleHours / weekCompensation
MICHAEL PISCETELLIDIRECTOR
Trustee or director
1$0
PRESTON ROSEBORODIRECTOR
Trustee or director
1$0
KIZZY LEADIRECTOR
Trustee or director
1$0
NICOLE DUCOUERDIRECTOR
Trustee or director
1$0
NATALIE JENSEN-NOLLCHAIR
Trustee or director, Officer
1$0
CHRIS FOX BEG MAR 2025VICE CHAIR
Trustee or director, Officer
1$0
JOYCE CARSONSECRETARY
Trustee or director, Officer
1$0
ANNE WESTBROOKTREASURER
Trustee or director, Officer
1$0
GINGER SALTIMMEDIATE PA
Trustee or director, Officer
1$0
990 for the year ended June 30, 2024: 23 people
NameTitleHours / weekCompensationOther / benefits
MONA LOVETTEXECUTIVE DI
Trustee or director, Officer
40$133,644$22,266
ISRAEL SUAREZDIRECTOR
Trustee or director
1$0$0
JOHN WILSONDIRECTOR
Trustee or director
1$0$0
JOAN HEALYDIRECTOR
Trustee or director
1$0$0
TRICIA MCMANUSDIRECTOR
Trustee or director
1$0$0
DON GELETKODIRECTOR
Trustee or director
1$0$0
MARQUIS BARNETTDIRECTOR
Trustee or director
1$0$0
TONY ROMEODIRECTOR
Trustee or director
1$0$0
CHAD BROWNDIRECTOR
Trustee or director
1$0$0
ANNAMARIE D'SOUZADIRECTOR
Trustee or director
1$0$0
FRANK INGRAMDIRECTOR
Trustee or director
1$0$0
PHILLIP PETROSDIRECTOR
Trustee or director
1$0$0
JEREMIAH SHIPPDIRECTOR
Trustee or director
1$0$0
LATIDA SMITHDIRECTOR
Trustee or director
1$0$0
MICHAEL PISCETELLIDIRECTOR
Trustee or director
1$0$0
PRESTON ROSEBORODIRECTOR
Trustee or director
1$0$0
KIZZY LEADIRECTOR
Trustee or director
1$0$0
NICOLE DUCOUERDIRECTOR
Trustee or director
1$0$0
NATALIE JENSEN-NOLLCHAIR
Trustee or director, Officer
1$0$0
CHRIS FOXVICE CHAIR
Trustee or director, Officer
1$0$0
JOYCE CARSONSECRETARY
Trustee or director, Officer
1$0$0
ANNE WESTBROOKTREASURER
Trustee or director, Officer
1$0$0
GINGER SALTIMMEDIATE PA
Trustee or director, Officer
1$0$0
990 for the year ended June 30, 2023: 28 people
NameTitleHours / weekCompensationOther / benefits
MONA LOVETTEXECUTIVE DI
Trustee or director, Officer
40$126,980$20,823
ISRAEL SUAREZDIRECTOR
Trustee or director
1$0$0
JOHN WILSONDIRECTOR
Trustee or director
1$0$0
JOAN HEALYDIRECTOR
Trustee or director
1$0$0
OMARI SIMMONSDIRECTOR
Trustee or director
1$0$0
TRICIA MCMANUSDIRECTOR
Trustee or director
1$0$0
DON GELETKODIRECTOR
Trustee or director
1$0$0
JOYCE CARSONDIRECTOR
Trustee or director
1$0$0
MARQUIS BARNETTDIRECTOR
Trustee or director
1$0$0
BILL GREENDIRECTOR
Trustee or director
1$0$0
TONY ROMEODIRECTOR
Trustee or director
1$0$0
CHAD BROWN BEG 122022DIRECTOR
Trustee or director
1$0$0
ANNAMARIE D'SOUZA BEG 122022DIRECTOR
Trustee or director
1$0$0
CHRIS FOXDIRECTOR
Trustee or director
1$0$0
FRANK INGRAM BEG 92022DIRECTOR
Trustee or director
1$0$0
PHILLIP PETROS BEG 92022DIRECTOR
Trustee or director
1$0$0
JEREMIAH SHIPP BEG 122022DIRECTOR
Trustee or director
1$0$0
LATIDA SMITH BEG 122022DIRECTOR
Trustee or director
1$0$0
IVEY BROWN END 92022DIRECTOR
Trustee or director
1$0$0
ANNE GARVEY END 92022DIRECTOR
Trustee or director
1$0$0
JOYCE KOHFELDT END 92022DIRECTOR
Trustee or director
1$0$0
DANNY NEWCOMB END 92022DIRECTOR
Trustee or director
1$0$0
GINGER SALTCHAIRMAN
Trustee or director, Officer
1$0$0
NATALIE JENSEN-NOLLVICE CHAIRMA
Trustee or director, Officer
1$0$0
JEFF HIBBARDSECRETARY
Trustee or director, Officer
1$0$0
ANNE WESTBROOKTREASURER
Trustee or director, Officer
1$0$0
DAVID HOLDEN END 92022TREASURER
Trustee or director, Officer
1$0$0
JASON WENKERIMMEDIATE PA
Trustee or director, Officer
1$0$0

Address and contacts

Address (IRS master file)
2701 UNIVERSITY PKWY, WINSTON SALEM, NC 27105-4223
In care of
% RANLET S BELL
Principal officer (990 for 2024)
MONA LOVETT, 2701 UNIVERSITY PARKWAY, WINSTONSALEM, NC 27105
Signed the 990
KIZZY LEA, TREASURER
Phone
(336) 725-5371
Return prepared by
BUTLER BURKE LLP

Mission

THE CROSBY SCHOLARS PROGRAM ASSISTS PUBLIC MIDDLE AND HIGH SCHOOL STUDENTS IN FORSYTH COUNTY BY PREPARING THEM FOR SUCCESSFUL COLLEGE ENROLLMENT.

990 for the year ended June 30, 2025

Program accomplishments

  • THE CROSBY SCHOLARS PROGRAM PROVIDES LAST DOLLAR GRANT ASSISTANCE TO GRADUATING SENIORS AND COLLEGE CROSBY SCHOLARS WHO SUCCESSFULLY COMPLETE THE PROGRAM. GRANTS ARE AWARDED FOR UP TO 1200 FOR UP TO FOUR YEARS OF COLLEGE TO STUDENTS WHO SUCCESSFULLY COMPLETE THE PROGRAM AS HIGH SCHOOL SENIORS, ACHIEVE A 2.0 CUMULATIVE GPA/QPA AND DEMONSTRATE FINANCIAL NEED AS DETERMINED BY RESULTS FROM THE FAFSA AND THE PROGRAM'S NEED ANALYSIS FORMULA. CROSBY SCHOLARS WHO ARE AWARDED A LAST DOLLAR GRANT ARE THOSE STUDENTS WHO HAVE BEEN OFFERED ADMISSION TO A PROGRAM OF STUDY, THEY HAVE COMPLETED THE FAFSA, THEY HAVE RECEIVED AN AWARD LETTER FROM THE COLLEGE THEY PLAN TO ATTEND AND THEY HAVE APPLIED FOR A LAST DOLLAR GRANT. THE STUDENTS WHO MEET THESE CRITERIA RECEIVE THE LAST DOLLAR GRANT BECAUSE THEY HAVE NOT RECEIVED ENOUGH FINANCIAL AID TO COVER THE COST OF ATTENDANCE IN THAT PARTICULAR SCHOOL YEAR. THE PROGRAM HELPS STUDENTS PREPARE FOR COLLEGE BY ENCOURAGING THEM TO MAKE GOOD DECISIONS, BY HELPING THEM DEVELOP STRONG ACADEMIC SKILLS AND BY HELPING THEM TO UNDERSTAND THE REQUIREMENTS FOR COLLEGE ADMISSION EARLY. WITH THIS GUIDANCE, STUDENTS CAN PREPARE FOR COLLEGE ENROLLMENT AND SCHOLARSHIP/FINANCIAL AID OPPORTUNITIES. STUDENTS CAN JOIN THE CROSBY SCHOLARS PROGRAM AS EARLY AS 6TH GRADE TO BEGIN THE PROCESS OF PREPARING FOR COLLEGE. STUDENTS ATTEND WORKSHOPS CALLED SATURDAY ACADEMY ON COLLEGE CAMPUSES. THE SATURDAY ACADEMY WORKSHOPS INCLUDE TOPICS SUCH AS ANGER MANAGEMENT, BUILDING SELF-ESTEEM, SPEECH AND COMMUNICATION, TIME MANAGEMENT, STUDY SKILLS, TEST TAKING SKILLS, CONFLICT RESOLUTION, PREPARING FOR THE SAT, CAREER EXPLORATION, COLLEGE ADMISSIONS, SCHOLARSHIPS, FINANCIAL AID AND COLLEGE SURVIVAL SKILLS. THESE CLASSES HELP STUDENTS DEVELOP THE FOUNDATION FOR SUCCESS THAT WILL HELP THEM BECOME BETTER PREPARED FOR COLLEGE. STUDENTS IN GRADES 9-11 MEET MONTHLY WITH VOLUNTEERS TO BETTER PREPARE FOR SUCCESSFUL COLLEGE ENROLLMENT, AND SENIOR CROSBY SCHOLARS MEET ONE ON ONE WITH AN ADVISOR TO HELP WITH THE SENIOR YEAR COLLEGE APPLICATION AND SCHOLARSHIP PROCESS.
    Expenses $3,330,170 · grants $1,116,245 · revenue $2,030,604

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 yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
31-1523230
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)
$8,825,082
Income (IRS master file)
$3,524,493

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,458,907$3,972,996$8,825,082XML
990June 2024$3,913,641$3,507,169$8,160,391XML
990June 2023$4,732,064$3,225,693$7,483,379XML
990June 2022$3,974,703$2,882,378$5,853,564IRS
990June 2021–––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 31-1523230).

Questions about CROSBY SCHOLARS COMMUNITY PARTNERSHIP

What is the EIN of CROSBY SCHOLARS COMMUNITY PARTNERSHIP?
The employer identification number (EIN) of CROSBY SCHOLARS COMMUNITY PARTNERSHIP is 31-1523230.
Is CROSBY SCHOLARS COMMUNITY PARTNERSHIP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
Are donations to CROSBY SCHOLARS COMMUNITY PARTNERSHIP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CROSBY SCHOLARS COMMUNITY PARTNERSHIP 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 CROSBY SCHOLARS COMMUNITY PARTNERSHIP 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 CROSBY SCHOLARS COMMUNITY PARTNERSHIP 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 CROSBY SCHOLARS COMMUNITY PARTNERSHIP?
The 990 for the year ended June 30, 2025 names MONA LOVETT.
Who are the officers and directors of CROSBY SCHOLARS COMMUNITY PARTNERSHIP?
The 990 for the year ended June 30, 2025 lists 24 people; 1 received compensation from the organization, the highest $138,990 (MONA LOVETT, EXECUTIVE DI).
How much revenue does CROSBY SCHOLARS COMMUNITY PARTNERSHIP have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,458,907, expenses of $3,972,996 and total assets of $8,825,082 at year end.

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