MINORITY SCHOLARSHIP FOUNDATION Charity Report

Public IRS 990 nonprofit record

MINORITY SCHOLARSHIP FOUNDATION

EIN 62-1589300

What they do

THE MINORITY SCHOLARSHIP FOUNDATION WAS ESTABLISHED to ASSIST WITH POST- SECONDARY EDUCATION for AFRICAN-AMERICAN STUDENTS FROM THE ROCK HILL/FORT MILL AREA. THE DREAM of A COLLEGE DEGREE is BEING MADE A REALITY for THESE STUDENTS BY AWARDING FINANCIAL CONTRIBUTIONS to THEIR RESPECTIVE INSTITUTES of HIGHER LEARNING.

Before you give

Should I give to this charity?

Easy charity check

The spending raises an important question

Of every $100 spent, about $17.90 was reported for mission work and $0.00 for fundraising. Understand this before you give.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2015The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders13 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

52.66%of revenue went to mission work17.9% of expenses · Program services

$293.55spent for every $100 of revenueSpending was higher than revenue this year.

240.89%of revenue went to management and office costs82.1% of expenses

$13.09in assets for every $1 spent this yearSome assets cannot be spent right away.

30.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $25,727 this year. Ask whether that was planned or caused by a one-time event.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2015

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$13,292

Mission workProgram services$7,00052.66% of revenue17.9% of expenses

ManagementOffice and general costs$32,019240.89% of revenue82.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$39,019293.55% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Pause before giving. This filing reports that 0.0% of spending went to fundraising and 17.9% went to mission work. Ask the charity to explain these numbers and show recent results.

Money in and money out

Revenue$13,292

Expenses$39,019

Annual shortfall $25,727 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$7,000 · 17.9% of expenses

Management and office costs$32,019 · 82.1% of expenses

See all reported dollar amounts

Revenue$13,292

Expenses$39,019

Assets$510,581

Contributions$4,000

Mission work (program services)$7,000

Management and general$32,019

Investing fees$2,415

People

Leadership and board

Tax year 2015

Names, titles, time, and compensation below are reported by the organization on its Form 990.

See everyone listed on the board or leadership roster (13)

ALISHA ROSENTHALBOARD MEMBER

CARLOS BRYSONPRESIDENT

CLAY GOODYEARBOARD MEMBER

DAWN JOHNSONBOARD MEMBER

ELLIOTT CLOSEBOARD MEMBER

JAMIE CAMPBELLBOARD MEMBER

KATHY BARBERBOARD MEMBER

KEITH BENTONVICE PRESIDE

LATANYA PORTERSECRETARY

MISSY BRAKEFIELDBOARD MEMBER

PAUL KUTZBOARD MEMBER

SEBERINA MYLESBOARD MEMBER

WILLIE WARETREASURER

About this charity

Location: PO BOX 12156, ROCK HILL, SC 29731
County: York
In care of: CARLOS BRYSON
Primary officer: CARLOS BRYSON, PRESIDENT

How to reach them

Phone(803) 327-7720

Filing and classification

Latest tax year: 2015
Tax period began: July 1, 2015
Return type: 990
Tax preparer: BURKETT BURKETT & BURKETT CPAS PA