Nonprofit · EIN 92-1112000
FOUNDATIONS FOR SCHOLARSHIPS
Tax-exempt · LAS VEGAS, NV 89147
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $189,474 | $65,147 | $124,327 | $233,746 | $0 | $233,746 |
| December 31, 2023 | 990-EZ | $109,877 | $458 | $109,419 | $109,419 | – | $109,419 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $142,060
- Program service revenue
- $0
- Investment income
- $1,527
- Net income from fundraising events
- $45,752
- Other revenue
- $45,887
Expenses
- Grants and similar amounts paid
- $23,500
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $485
- Program services (functional)
- $63,500
- Management and general (functional)
- $1,647
Balance sheet and other
- Total assets, start of year
- $109,419
- Total assets, end of year
- $233,746
- Total liabilities, end of year
- $0
- Net assets, end of year
- $233,746
- Net assets without donor restrictions
- $233,746
- Gross receipts
- $216,809
- Employees
- 0
- Volunteers
- 6
- State of legal domicile
- NV
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 | From related orgs |
|---|---|---|---|---|
| Holly Nostro | Director Trustee or director | 1 | $0 | $111,096 |
| Michelle Merrick | President Trustee or director, Officer | 1 | $0 | $0 |
| Kali Stoner | Vice President Trustee or director, Officer | 1 | $0 | $0 |
| Shelly Ellis | Treasurer Trustee or director, Officer | 1 | $0 | $0 |
| Denise Meeker | Secretary Trustee or director, Officer | 1 | $0 | $0 |
| Carrie Faulkner | Director Trustee or director | 1 | $0 | $0 |
| Ruth Walls | Director Trustee or director | 1 | $0 | $0 |
990-EZ for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHELLE MERRICK | President | 1 | $0 |
| DENISE MEEKER | Treasurer | 0.5 | $0 |
| KALI STONER | Secretary | 1 | $0 |
| RUTH WALLS | BOARD MEMBER | 0.5 | $0 |
| CARRIE FAULKNER | BOARD MEMEBR | 0.5 | $0 |
| SHELLY ELLIS | BOARD MEMBER | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 4175 S RILEY ST STE 100, LAS VEGAS, NV 89147-8719
- Mailing address (990-N for 2022)
- 4175 S Riley Street Suite 100, Las Vegas NV 89147
- Principal officer (990 for 2024)
- Holly Nostro, 4175 S RILEY ST 100, LAS VEGAS, NV 89147
- Principal officer (990-N for 2022)
- Michelle Merrick, 4175 S Riley Street Suite 100, Las Vegas NV 89147
- Signed the 990
- Holly Nostro, Director
- Phone
- (702) 794-0117
- Return prepared by
- Campbell Jones Cohen CPAs
Mission
The purpose for which the corporation was formed are exclusively to receive and administer funds for education and charitable purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code of 1986.
Program accomplishments
- Foundations for Scholarships' primary achievement during the year was that it was able to raise funds for scholarships for those individuals going to college for a career in the construction industry.Expenses $63,500 · grants $23,500
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-EZ on file |
IRS record
- EIN
- 92-1112000
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B30)
- Assets (IRS master file)
- $233,746
- Income (IRS master file)
- $216,809
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $189,474 | $65,147 | $233,746 | XML |
| 990-EZ | December 2023 | $109,877 | $458 | $109,419 | XML |
| 990-N for 2022 Officer: Michelle Merrick | 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 92-1112000).
Questions about FOUNDATIONS FOR SCHOLARSHIPS
- What is the EIN of FOUNDATIONS FOR SCHOLARSHIPS?
- The employer identification number (EIN) of FOUNDATIONS FOR SCHOLARSHIPS is 92-1112000.
- Is FOUNDATIONS FOR SCHOLARSHIPS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to FOUNDATIONS FOR SCHOLARSHIPS tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FOUNDATIONS FOR SCHOLARSHIPS 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 FOUNDATIONS FOR SCHOLARSHIPS 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 FOUNDATIONS FOR SCHOLARSHIPS 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 FOUNDATIONS FOR SCHOLARSHIPS?
- The 990 for the year ended December 31, 2024 names Holly Nostro.
- Who are the officers and directors of FOUNDATIONS FOR SCHOLARSHIPS?
- The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
- How much revenue does FOUNDATIONS FOR SCHOLARSHIPS have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $189,474, expenses of $65,147 and total assets of $233,746 at year end.
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