Nonprofit · EIN 59-0939481
SOUTHERN SCHOLARSHIP FOUNDATION INC
Tax-exempt · TALLAHASSEE, FL 32304
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,009,196 | $2,477,458 | -$468,262 | $16,788,085 | $1,064,805 | $15,723,280 |
| December 31, 2023 | 990 | $1,928,198 | $2,205,566 | -$277,368 | $17,008,593 | $1,005,123 | $16,003,470 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,328,039
- Program service revenue
- $145,610
- Investment income
- $503,514
- Net gain from sales of assets
- $165,220
- Other revenue
- $32,033
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $139,326
- Other salaries and wages
- $545,839
- Salaries, compensation and benefits (total)
- $827,621
- Professional fundraising fees
- $0
- Legal fees
- $70
- Accounting fees
- $29,000
- Occupancy
- $70,262
- Travel
- $6,315
- Depreciation
- $517,620
- Program services (functional)
- $1,884,006
- Management and general (functional)
- $238,624
- Fundraising (functional)
- $354,828
Balance sheet and other
- Total assets, start of year
- $17,008,593
- Total assets, end of year
- $16,788,085
- Total liabilities, end of year
- $1,064,805
- Net assets, end of year
- $15,723,280
- Land, buildings and equipment
- $7,779,036
- Publicly traded securities
- $8,184,020
- Net assets without donor restrictions
- $7,159,464
- Net assets with donor restrictions
- $8,563,816
- Gross receipts
- $3,506,811
- Employees
- 18
- Volunteers
- 35
- Year formed
- 1957
- State of legal domicile
- FL
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHAWN WOODIN | PRESIDENT/CEO Officer | 40 | $133,721 | $5,606 |
| JIM DAVIS | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| SHEILA DICKISON | CHIAR ELECT Trustee or director, Officer | 2 | $0 | $0 |
| RYAN TUCKER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| PAULA DEBOLES-JOHNSON | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| RHODA GLASCO FODERINGHAM | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DAVID ASHBURN | MEMBER AT LARGE Trustee or director | 2 | $0 | $0 |
| ANNE TOULOUSE | MEMBER AT LARGE Trustee or director | 2 | $0 | $0 |
| ALIX ALEXIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NICHOLAS APPELO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARY K BEDFORD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KATHRYN BELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| RAMONA BROOKINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN JENKINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LINDA JENKINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
11 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LASHONDIA KENDRICK | DIRECTOR Trustee or director | 2 | $0 |
| LYNN LEVERTY | DIRECTOR Trustee or director | 2 | $0 |
| GAYLA PARKS | DIRECTOR Trustee or director | 2 | $0 |
| BILL OLIVER | DIRECTOR Trustee or director | 2 | $0 |
| PAMELA PAULK | DIRECTOR Trustee or director | 2 | $0 |
| KIANA PETERS | DIRECTOR Trustee or director | 2 | $0 |
| FRANCHESCA PICHARDO | DIRECTOR Trustee or director | 2 | $0 |
| KELLY SLEEPER | DIRECTOR Trustee or director | 2 | $0 |
| CARTER THOMAS | DIRECTOR Trustee or director | 2 | $0 |
| JILL VARNES | DIRECTOR Trustee or director | 2 | $0 |
| DHYANA ZIEGLER PHD | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHAWN WOODIN | PRESIDENT/CEO Officer | 40 | $125,853 | $6,568 |
| JIM DAVIS | BOARD CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| DR SHEILA K DICKISON | CHAIR ELECT Trustee or director, Officer | 2 | $0 | $0 |
| PAULA DEBOLES-JOHNSON | BOARD SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| RYAN TUCKER | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| RHODA GLASCO FODERINGHAM | IMMEDIATE PAST CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| ANNE TOULOUSE | AT-LARGE Trustee or director | 2 | $0 | $0 |
| DAVID ASHBURN | AT-LARGE Trustee or director | 2 | $0 | $0 |
| ALIX ALEXIS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| DHYANA ZIEGLER PHD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| GAYLA PARKS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JILL VARNES | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JOHN JENKINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KATHRYN BELL | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KELLY SLEEPER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| KIANA PETERS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LASHONDIA KENDRICK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LINDA JENKINS | DIRECTOR Trustee or director | 2 | $0 | $0 |
| LYNN LEVERTY | DIRECTOR Trustee or director | 2 | $0 | $0 |
| MARY K BEDFORD | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NICHOLAS APPELO | DIRECTOR Trustee or director | 2 | $0 | $0 |
| PAMELA PAULK | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JA'CHELLE JOHNSON | DIRECTOR Trustee or director | 2 | $0 | $0 |
| JIM WYLIE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| BILL OLIVER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NATASHA ST HILLAIRE | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 322 STADIUM DR, TALLAHASSEE, FL 32304-3450
- In care of
- % GREG PATTERSON
- Principal officer (990 for 2024)
- SHAWN WOODIN, 322 STADIUM DRIVE, TALLAHASSEE, FL 323043450
- Signed the 990
- SHAWN WOODIN, PRESIDENT/CEO
- Phone
- (850) 222-3833
- Website
- WWW.SOUTHERNSCHOLARSHIP.ORG
- Return prepared by
- JAMES MOORE & CO PL
Mission
THROUGH RENT-FREE HOUSING AND COOPERATIVE LIVING, SOUTHERN SCHOLARSHIP FOUNDATION SUPPORT STUDENTS WHO LACK FINANCIAL RESOURCES, DEMONSTRATE EXCELLENT ACADEMIC MERIT, AND EXEMPLIFY GOOD CHARACTER ATTEND INSTITUTIONS OF HIGHER EDUCATION.
Program accomplishments
- BY PROVIDING RENT-FREE HOUSING, SOUTHERN SCHOLARSHIP FOUNDATION (SSF), DRAMATICALLY REDUCES THE COST OF LIVING, THUS INCREASING THE LIKELIHOOD THAT LOW INCOME STUDENTS WILL COMPLETE THEIR DEGREES. THROUGH COOPERATIVE LIVING, RESIDENTS MANAGE HOUSEHOLD BUDGETS, ENFORCE RULES DESIGNED TO SUPPORT A CLEAN, SAFE ENVIRONMENT; AND THEY COOK MEALS AND EAT TOGETHER. RESIDENTS HAVE A HOME, A COMMUNITY, AND A SUPPORT NETWORK FROM THE FIRST DAY THEY ENTER THEIR HOUSES. SSF OPERATES 26 HOUSES AND SERVES AN AVERAGE OF 400 RESIDENTS IN GAINESVILLE, FT. MYERS, AND TALLAHASSEE, FL.Expenses $1,884,006 · revenue $145,779
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 | Not 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
- 59-0939481
- 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
- 1957
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82Z)
- Assets (IRS master file)
- $16,788,085
- Income (IRS master file)
- $3,506,811
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,009,196 | $2,477,458 | $16,788,085 | XML |
| 990 | December 2023 | $1,928,198 | $2,205,566 | $17,008,593 | XML |
| 990 | December 2022 | $1,607,327 | $2,261,483 | $16,159,156 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 59-0939481).
Questions about SOUTHERN SCHOLARSHIP FOUNDATION INC
- What is the EIN of SOUTHERN SCHOLARSHIP FOUNDATION INC?
- The employer identification number (EIN) of SOUTHERN SCHOLARSHIP FOUNDATION INC is 59-0939481.
- Is SOUTHERN SCHOLARSHIP FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1957.
- Are donations to SOUTHERN SCHOLARSHIP FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTHERN SCHOLARSHIP FOUNDATION 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 SOUTHERN SCHOLARSHIP FOUNDATION 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 SOUTHERN SCHOLARSHIP FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SOUTHERN SCHOLARSHIP FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names SHAWN WOODIN.
- Who are the officers and directors of SOUTHERN SCHOLARSHIP FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 26 people; 1 received compensation from the organization, the highest $133,721 (SHAWN WOODIN, PRESIDENT/CEO).
- How much revenue does SOUTHERN SCHOLARSHIP FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,009,196, expenses of $2,477,458 and total assets of $16,788,085 at year end.
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