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Nonprofit · EIN 46-5045819

SCHOLARSHIP AMERICA INC

Also known as DOVER-EYOTA DOLLARS FOR SCHOLARS

Tax-exempt · EYOTA, MN 55934

Financials

$29K$34K2023$32K$36K2024
Revenue Expenses · by fiscal year end
Financials of SCHOLARSHIP AMERICA INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$31,879$36,050-$4,171$57,474–$57,474
December 31, 2023990-EZ$29,007$33,528-$4,521$59,842–$59,842
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$31,800
Investment income
$79

Expenses

Grants and similar amounts paid
$35,250
Compensation of officers, directors and key employees
$0
Other expenses
$800
Program services (functional)
$35,250

Balance sheet and other

Total assets, start of year
$59,842
Total assets, end of year
$57,474
Total liabilities, end of year
–
Net assets, end of year
$57,474
Cash, savings and investments
$6,075
Gross receipts
$31,879

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
JAMES NIGONPresident1$0
JAMES HOBBSVice President0$0
TAMARA DEMUTHSecretary0$0
DENNIS NELSONTreasurer1$0
990-EZ for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
JAMES NIGONPresident1$0
JAMES HOBBSVice President0$0
TAMARA DEMUTHSecretary0$0
DENNIS NELSONTreasurer1$0

Address and contacts

Address (IRS master file)
615 SOUTH AVE SW, EYOTA, MN 55934-9777
In care of
% JAMES NIGON
Signed the 990-EZ
DENNIS NELSON, Treasurer
Phone
(507) 951-9368

Mission

FORM 990-EZ, PART III, PRIMARY EXEMPT PURPOSE- EXPAND ACCESS TO HIGHER EDUCATION FOR GRADUATES AT DOVER-EYOTA HIGH SCHOOL IN THE STATE OF MINNESOTA BY PROMOTING THE DOLLARS FOR SCHOLARS PROGRAM, DEVLEOPING AN OPERATIONAL STRUCTURE, RAISING FUNDS FOR STUDENT AID DISTRIBUTION, AND DISTRIBUTING AWARDS ON A FAIR AND NONDISCRIMINATORY BASIS.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • DISTRIBUTION OF 43 SCHOLARSHIP AWARDS
    Expenses $35,250

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
46-5045819
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Exempt since
1962
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$57,474
Income (IRS master file)
$31,879

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$31,879$36,050$57,474XML
990-EZDecember 2023$29,007$33,528$59,842XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-EZDecember 2017–––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 46-5045819).

Questions about SCHOLARSHIP AMERICA INC

What is the EIN of SCHOLARSHIP AMERICA INC?
The employer identification number (EIN) of SCHOLARSHIP AMERICA INC is 46-5045819.
Is SCHOLARSHIP AMERICA INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1962.
Which annual return does SCHOLARSHIP AMERICA INC file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of SCHOLARSHIP AMERICA 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 SCHOLARSHIP AMERICA INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who are the officers and directors of SCHOLARSHIP AMERICA INC?
The 990-EZ for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does SCHOLARSHIP AMERICA INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $31,879, expenses of $36,050 and total assets of $57,474 at year end.

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