Nonprofit · EIN 72-1052017
NEW ORLEANS PUBLIC SCHOOLS SCHOLARSHIP FOUNDATION
Tax-exempt · NEW ORLEANS, LA 70187
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $22,053 | $73,303 | -$51,250 | $1,090,658 | $0 | $1,090,658 |
| December 31, 2024 | 990 | $71,639 | $64,421 | $7,218 | $1,256,226 | $0 | $1,256,226 |
| December 31, 2023 | 990 | $58,450 | $40,109 | $18,341 | $1,202,471 | $600 | $1,201,871 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $22,053
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $62,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $5,125
- Program services (functional)
- $65,717
- Management and general (functional)
- $7,586
Balance sheet and other
- Total assets, start of year
- $1,256,226
- Total assets, end of year
- $1,090,658
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,090,658
- Publicly traded securities
- $1,072,659
- Net assets with donor restrictions
- $1,090,658
- Gross receipts
- $22,053
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1992
- State of legal domicile
- LA
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 |
|---|---|---|---|
| ROLAND BELSOME | CHAIRPERSON Officer | 0.5 | $0 |
| GAIL GLAPION | MANAGING DIRECTOR Officer | 0.5 | $0 |
990 for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROLAND BELSOME | CHAIRPERSON Officer | 0.5 | $0 |
| GAIL GLAPION | MANAGING DIRECTOR Officer | 0.5 | $0 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ROLAND BELSOME | CHAIRPERSON Officer | 0.5 | $0 |
| GAIL GLAPION | MANAGING DIRECTOR Officer | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 871812, NEW ORLEANS, LA 70187-1812
- Principal officer (990 for 2025)
- GAIL GLAPION, PO BOX 871812, NEW ORLEANS, LA 70187
- Signed the 990
- GAIL GLAPION, MANAGING DIRECTOR
- Phone
- (504) 452-4446
- Return prepared by
- Ideal Tax Services LLC
Mission
PROVIDE SCHOLARSHIPS & ENRICHMENT GRANTS TO STUDENTS
Program accomplishments
- SCHOLARSHIPS TO COLLEGE BOUND STUDENTS & ENRICHMENT PROGRAMS TUITION FOR SUMMER CULTURAL ACTIVITIES & DAY CAMP FOR UNDERPRIVILEGED STUDENTSExpenses $40,717 · grants $37,000 · revenue $22,053
- PROVIDE ENRICHMENT ACTIVITIES FOR STUDENTS IN VARIOUS ACTIVIES SUCH AS MATH, SCIENCE AND CULINARY TRAININGExpenses $25,000 · grants $25,000
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 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
- 72-1052017
- 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
- 1986
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B820)
- Assets (IRS master file)
- $1,090,658
- Income (IRS master file)
- $22,053
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $22,053 | $73,303 | $1,090,658 | IRS |
| 990 | December 2024 | $71,639 | $64,421 | $1,256,226 | IRS |
| 990 | December 2023 | $58,450 | $40,109 | $1,202,471 | XML |
| 990 | December 2022 | $169,025 | $48,937 | $1,098,551 | 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 72-1052017).
Questions about NEW ORLEANS PUBLIC SCHOOLS SCHOLARSHIP FOUNDATION
- What is the EIN of NEW ORLEANS PUBLIC SCHOOLS SCHOLARSHIP FOUNDATION?
- The employer identification number (EIN) of NEW ORLEANS PUBLIC SCHOOLS SCHOLARSHIP FOUNDATION is 72-1052017.
- Is NEW ORLEANS PUBLIC SCHOOLS SCHOLARSHIP FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
- Are donations to NEW ORLEANS PUBLIC SCHOOLS SCHOLARSHIP FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NEW ORLEANS PUBLIC SCHOOLS SCHOLARSHIP FOUNDATION file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of NEW ORLEANS PUBLIC SCHOOLS 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 NEW ORLEANS PUBLIC SCHOOLS 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 NEW ORLEANS PUBLIC SCHOOLS SCHOLARSHIP FOUNDATION?
- The 990 for the year ended December 31, 2025 names GAIL GLAPION.
- Who are the officers and directors of NEW ORLEANS PUBLIC SCHOOLS SCHOLARSHIP FOUNDATION?
- The 990 for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does NEW ORLEANS PUBLIC SCHOOLS SCHOLARSHIP FOUNDATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $22,053, expenses of $73,303 and total assets of $1,090,658 at year end.
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