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IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 87-1230017

SCHOOL AWARD CENTER

Tax-exempt (reinstated) · MEMPHIS, TN 38103

Financials

$60K$62K2021$123K$107K2022$105K$125K2023$19K$41K2025
Revenue Expenses · by fiscal year end
Financials of SCHOOL AWARD CENTER by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$19,000$41,024-$22,024$20,054$0$20,054
December 31, 2023990-PF$105,477$124,979-$19,502$50,586$0$50,586
September 30, 2023990-PF$123,273$106,681$16,592$70,088$0$70,088
September 30, 2022990-PF$60,000$61,591-$1,591$53,496$0$53,496
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$19,000

Expenses

Grants and similar amounts paid
$35,700
Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$4,300
Other expenses
$1,024

Balance sheet and other

Total assets, start of year
$42,078
Total assets, end of year
$20,054
Total liabilities, end of year
$0
Net assets, end of year
$20,054
Cash, savings and investments
$20,054
Gross receipts
$19,000

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, 2025, highest compensation first.

NameTitleHours / weekCompensation
RAYMOND WATTDIRECTOR5$0
990-PF for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
RAYMOND WATT
66 MONROE AVE APT 702, MEMPHIS, TN 381032447
DIRECTOR5$0
990-PF for the year ended September 30, 2023: 1 people
NameTitleHours / weekCompensation
RAYMOND WATT
66 MONROE AVE APT 702, MEMPHIS, TN 381032447
DIRECTOR5$0
990-PF for the year ended September 30, 2022: 1 people
NameTitleHours / weekCompensation
RAYMOND WATT
66 MONROE AVE APT 702, MEMPHIS, TN 381032447
DIRECTOR5$0

Address and contacts

Address (IRS master file)
66 MONROE AVE APT 702, MEMPHIS, TN 38103-2447
In care of
% RAYMOND WATT
Signed the 990-EZ
RAYMOND WATT, DIRECTOR
Phone
(731) 393-4256
Return prepared by
CHRISTINE VAZQUEZ CPA PLLC

Mission

SCHOOL SCHOLARSHIPS

990-EZ for the year ended December 31, 2025

Program accomplishments

  • PROVIDING SCHOLARSHIP AWARDS FOR KINDERGARTEN THROUGH 12TH GRADE STUDENTS
    grants $35,700

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, 2026990-EZ on file
2024December 31, 2024May 15, 2025Check at the IRS
2023December 31, 2023May 15, 2024990-PF on file

File the 2026 990-N for SCHOOL AWARD CENTER

Due May 17, 2027 · e-filed with the IRS by 990.tax, an IRS-authorized e-file provider

IRS record

EIN
87-1230017
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
2025
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Category (NTEE)
Education (B82)
Assets (IRS master file)
$20,054
Income (IRS master file)
$19,000

Revocation and reinstatement

Exemption revoked
February 15, 2024
Posted by the IRS
May 15, 2024
Reinstated
Effective February 15, 2024

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$19,000$41,024$20,054XML
990-PFDecember 2023$105,477$124,979$50,586XML
990-PFSeptember 2023$123,273$106,681$70,088XML
990-PFSeptember 2022$60,000$61,591$53,496XML

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 87-1230017).

Questions about SCHOOL AWARD CENTER

What is the EIN of SCHOOL AWARD CENTER?
The employer identification number (EIN) of SCHOOL AWARD CENTER is 87-1230017.
Is SCHOOL AWARD CENTER tax-exempt?
Yes. The IRS revoked its exemption on February 15, 2024 and reinstated it effective February 15, 2024.
Are donations to SCHOOL AWARD CENTER tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SCHOOL AWARD CENTER file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of SCHOOL AWARD CENTER 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 SCHOOL AWARD CENTER last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of SCHOOL AWARD CENTER?
The 990-EZ for the year ended December 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does SCHOOL AWARD CENTER have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $19,000, expenses of $41,024 and total assets of $20,054 at year end.

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