Nonprofit · EIN 86-1253535
KR SCHOLARS
Tax-exempt · MIDLOTHIAN, VA 23112
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $130,398 | $125,472 | $4,926 | $27,908 | $2,338 | $25,570 |
| December 31, 2024 | 990-EZ | $57,157 | $55,123 | $2,034 | $20,644 | $0 | $20,644 |
| December 31, 2023 | 990-EZ | $28,787 | $21,499 | $7,288 | $24,025 | $0 | $24,026 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $111,868
- Program service revenue
- $18,530
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $32,529
- Compensation of officers, directors and key employees
- $18,116
- Salaries, compensation and benefits (total)
- $19,008
- Professional fundraising fees
- $784
- Legal fees
- $2,225
- Accounting fees
- $7,451
- Occupancy
- $1,299
- Travel
- $8,480
- Program services (functional)
- $98,782
- Management and general (functional)
- $23,837
- Fundraising (functional)
- $2,853
Balance sheet and other
- Total assets, start of year
- $20,644
- Total assets, end of year
- $27,908
- Total liabilities, end of year
- $2,338
- Net assets, end of year
- $25,570
- Net assets without donor restrictions
- $25,570
- Gross receipts
- $130,398
- Employees
- 1
- Volunteers
- 15
- Year formed
- 2020
- State of legal domicile
- VA
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 |
|---|---|---|---|
| Kristen Johnson | President & Director Trustee or director, Officer, Key employee | 15 | $12,542 |
| Rufus Johnson | Vice President & Director Trustee or director, Officer | 10 | $2,225 |
| Bridgitte Miller Powell | Director Trustee or director | 10 | $2,100 |
| Ramine Alexander | Board Chair & Director Trustee or director, Officer | 5 | $750 |
| Chantiny Reese | Secretary & Director Trustee or director, Officer | 2 | $175 |
| Genola Dunlap | Treasurer & Director Trustee or director, Officer | 5 | $100 |
| Brian Davis | Director Trustee or director | 2 | $75 |
| Minta Cliett | Director Trustee or director | 2 | $50 |
| Kendrick Best | Director Trustee or director | 2 | $0 |
990-EZ for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Chantiny Reese | Director | 1 | $325 |
| Bridgitte Miller Powell | Director | 2 | $300 |
| Minta Cliett | Director | 1 | $175 |
| Rufus Johnson | Vice President & Director | 1 | $150 |
| Genola Dunlap | Treasurer & Director | 1 | $150 |
| Kendrick Best | Director | 1 | $150 |
| Ramine Alexander | Secretary & Director | 1 | $125 |
| Brian Davis | Director | 1 | $125 |
| Kristen Johnson | President & Director | 5 | $0 |
990-EZ for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Chantiny Reese | Director | 0 | $0 |
| Kristen Johnson | President | 0 | $0 |
| Rufus Johnson | Vice President | 0 | $0 |
| Kendrick Best | Development Director | 0 | $0 |
| Genola Dunlap | Treasurer | 0 | $0 |
| Dr Ramine Alexander | Secretary | 0 | $0 |
| Brian Davis | Development Director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 12220 CHATTANOOGA PLZ 262, MIDLOTHIAN, VA 23112-4865
- In care of
- % KRISTINA DUNLAP-JOHNSON
- Mailing address (990-N for 2022)
- 9218 Beech Hill Court, Midlothian VA 23112
- Principal officer (990 for 2025)
- Kristen Johnson, 12220 Chattanooga Plaza 262, Midlothian, VA 23112
- Principal officer (990-N for 2022)
- Kristen Johnson, 9218 Beech Hill Court, Midlothian VA 23112
- Signed the 990
- Kristen Johnson, CEO
- Phone
- (804) 910-2035
- Website
- krscholars.com
- Return prepared by
- Grassroots Operations LLC
Mission
Transforming Futures, One HBCU Scholar at a Time. We create opportunities that enhance educational and professional success for students attending Historically Black Colleges & Universities (HBCUs).
Program accomplishments
- College Readiness - The HBCU Bridge - provides college readiness programming for high school students from under-resourced communities, with a focus on increasing access to Historically Black Colleges and Universities (HBCUs). Students participate in structured sessions on HBCU awareness, scholarships, financial literacy, and career exploration, along with experiential learning opportunities. In 2025, the program served approximately 75 students, with the majority applying to and gaining acceptance into HBCUs.Expenses $49,011 · grants $12,832 · revenue $69,000
- HBCU Student Scholarships - provides financial assistance to current HBCU students to support college completion and retention. Scholarships help reduce financial barriers and are paid directly to institutions, enabling students to persist and graduate. We provided $21,300 in scholarships in 2025 and have given $90,000 since our founding.Expenses $21,300 · grants $17,415 · revenue $10,000
- Workforce Readiness - HBCU Campus to Career - delivers workforce readiness programming for HBCU students, including career exposure, professional skill-building, and access to industry-recognized certifications. The program connects students to in-demand career pathways and supports successful transitions from college to the workforce.Expenses $1,006
- Other General ProgrammingExpenses $27,465
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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 86-1253535
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2021
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $27,908
- Income (IRS master file)
- $130,398
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $130,398 | $125,472 | $27,908 | IRS |
| 990-EZ | December 2024 | $57,157 | $55,123 | $20,644 | IRS |
| 990-EZ | December 2023 | $28,787 | $21,499 | $24,025 | XML |
| 990-N for 2022 Officer: Kristen Johnson | December 31, 2022 | ≤ $50,000 receipts | – | – | e-Postcard |
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 86-1253535).
Questions about KR SCHOLARS
- What is the EIN of KR SCHOLARS?
- The employer identification number (EIN) of KR SCHOLARS is 86-1253535.
- Is KR SCHOLARS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
- Are donations to KR SCHOLARS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KR SCHOLARS 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 KR SCHOLARS 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 KR SCHOLARS 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 KR SCHOLARS?
- The 990 for the year ended December 31, 2025 names Kristen Johnson.
- Who are the officers and directors of KR SCHOLARS?
- The 990 for the year ended December 31, 2025 lists 9 people; 8 received compensation from the organization, the highest $12,542 (Kristen Johnson, President & Director).
- How much revenue does KR SCHOLARS have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $130,398, expenses of $125,472 and total assets of $27,908 at year end.
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