Nonprofit · EIN 47-1332851
5 STRONG SCHOLARSHIP FOUNDATION
Tax-exempt · COLLEGE PARK, GA 30337
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $426,884 | $352,658 | $74,226 | $486,217 | $4,052 | $482,165 |
| December 31, 2024 | 990 (amended) | $413,066 | $365,641 | $47,425 | $410,915 | $1,840 | $409,075 |
| December 31, 2023 | 990 | $474,277 | $317,369 | $156,908 | $367,593 | $7,578 | $360,015 |
| December 31, 2021 | 990 | $355,087 | $221,800 | $133,287 | $190,457 | $22,211 | $168,246 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $380,614
- Program service revenue
- $0
- Investment income
- $9
- Net income from fundraising events
- $46,261
- Other revenue
- $46,261
Expenses
- Grants and similar amounts paid
- $16,905
- Compensation of officers, directors and key employees
- $149,687
- Other salaries and wages
- $3,746
- Salaries, compensation and benefits (total)
- $192,876
- Professional fundraising fees
- $0
- Legal fees
- $21,500
- Accounting fees
- $3,803
- Travel
- $13,510
- Program services (functional)
- $285,506
- Management and general (functional)
- $33,580
- Fundraising (functional)
- $33,572
Balance sheet and other
- Total assets, start of year
- $410,915
- Total assets, end of year
- $486,217
- Total liabilities, end of year
- $4,052
- Net assets, end of year
- $482,165
- Land, buildings and equipment
- $1,157
- Net assets without donor restrictions
- $482,165
- Gross receipts
- $466,157
- Employees
- 3
- Year formed
- 2014
- State of legal domicile
- GA
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Ragland | CEO Trustee or director, Officer | 40 | $92,683 |
| Carolyn Hill | Foundation Mgr. Trustee or director | 40 | $53,754 |
| Dr Cheryl Lewis | Director Trustee or director | 5 | $3,250 |
| Sherida Ragland | Foundation Mgr. Trustee or director | 10 | $0 |
990 for the year ended December 31, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Ragland | CEO Trustee or director, Officer | 40 | $95,163 |
| Carolyn Hill | Foundation Mgr. Trustee or director | 40 | $64,837 |
| Dr Cheryl Lewis | Director Trustee or director | 5 | $3,250 |
| Sherida Ragland | Foundation Mgr. Trustee or director | 10 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Ragland | CEO Trustee or director, Officer | 40 | $95,000 |
| Carolyn Hill | Foundation Mgr. Trustee or director | 40 | $65,000 |
| Sherida Ragland | Foundation Mgr. Trustee or director | 10 | $0 |
990 for the year ended December 31, 2021: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Andrew Ragland | CEO Trustee or director | 43 | $93,213 |
| Carolyn Hill | Program assistant Trustee or director | 43 | $65,894 |
| Sherida Ragland | Fundraising Chairperson Trustee or director | 10 | $0 |
Address and contacts
- Address (IRS master file)
- 2598 LAKESHORE DR, COLLEGE PARK, GA 30337-4930
- In care of
- % ANDREW H RAGLAND
- Mailing address (990-N for 2019)
- 1777 Harvard Ave, College Park GA 30337
- Principal officer (990 for 2025)
- Andrew Ragland, 2598 Lakeshore Drive, College Park, GA 30337
- Principal officer (990-N for 2019)
- Andrew H Ragland, 1777 Harvard Ave, College Park GA 30337
- Signed the 990
- Andrew Ragland Executive Director, CEO
- Phone
- (770) 873-6621
- Website
- www.5strongscholars.org
- Return prepared by
- Hew & Associates LLC
Mission
5 STRONG PARTNERS WITH SELECT HBCUS TO HELP PROVIDE PROMISING STUDENT LEADERS FULL-TUITION SCHOLARSHIPS. THE PARTNERING HBCUS RESERVE AT LEAST 5 TUITION SCHOLARSHIPS A YEAR FOR 5 STRONG. 5 STRONG RECRUITS AND SELECTS THE STUDENTS FOR THE TUITION SCHOLARSHIPS. 5 STRONG ALSO PROVIDES BI-MONTHLY COLLEGE READY PREP SESSIONS, COLLEGE VISITS TO EACH HBCU PARTNER, WE PROVIDE ONGOING MENTORING AND SUPPORT FROM MATRICULATION TO GRADUATION. 5 STRONG'S GOAL IS FOR OUR SCHOLARS TO GO, STAY, AND GRADUATE IN 4 YEARS OR LESS WITH $0 TO MINIMAL STUDENT LOAN DEBT.
Program accomplishments
- THE ORGANIZATION CONTINUES TO MAKE SIGNIFICANT PROGRESS IN INCREASING THE OVERALL AWARENESS AND PRESENCE IN THE SCHOLARSHIP FOUNDATION FIELD.Expenses $285,506
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 | 990 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
- 47-1332851
- 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
- 2015
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $486,217
- Income (IRS master file)
- $466,157
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $426,884 | $352,658 | $486,217 | XML |
| 990 | December 2024 | $413,066 | $365,641 | $410,915 | XML |
| 990 | December 2023 | $474,277 | $317,369 | $367,593 | XML |
| 990 | December 2022 | $303,630 | $268,769 | $213,781 | IRS |
| 990 | December 2021 | $355,087 | $221,800 | $190,457 | XML |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-N for 2019 Officer: Andrew H Ragland | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990 | December 2019 | – | – | – | 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 47-1332851).
Questions about 5 STRONG SCHOLARSHIP FOUNDATION
- What is the EIN of 5 STRONG SCHOLARSHIP FOUNDATION?
- The employer identification number (EIN) of 5 STRONG SCHOLARSHIP FOUNDATION is 47-1332851.
- Is 5 STRONG SCHOLARSHIP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to 5 STRONG SCHOLARSHIP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 5 STRONG SCHOLARSHIP FOUNDATION 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 5 STRONG SCHOLARSHIP FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did 5 STRONG SCHOLARSHIP FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of 5 STRONG SCHOLARSHIP FOUNDATION?
- The 990 for the year ended December 31, 2025 names Andrew Ragland.
- Who are the officers and directors of 5 STRONG SCHOLARSHIP FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 4 people; 3 received compensation from the organization, the highest $92,683 (Andrew Ragland, CEO).
- How much revenue does 5 STRONG SCHOLARSHIP FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $426,884, expenses of $352,658 and total assets of $486,217 at year end.
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