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JOHN FRANKLIN SCHOLARSHIP ASSOCIATION INC: Form 990EZ, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
JOHN FRANKLIN SCHOLARSHIP ASSOCIATION INC (EIN 46-5378986)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-07-10
IRS object ID
202421929349200217
Schema version
2023v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-07-10T11:31:06-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN750882037PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BOLINGER SEGARS GILBERT AND MOSS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18215 NASHVILLE AVENUEAddressLine1Txt
CityLUBBOCKCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79423ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN465378986EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JOHN FRANKLIN SCHOLARSHIP ASSOCIATION INBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlJOHNBusinessNameControlTxt
Phone3615921322PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 511AddressLine1Txt
CityKINGSVILLECityNm
State AbbreviationTXStateAbbreviationCd
ZIP78364ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJENNIFER M KRESSPersonNm
Person TitleSECRETARY/TREASURERPersonTitleTxt
Phone3615921322PhoneNum
Signature2024-07-01SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJENNIFERPersonFirstNm
Person LastKRESSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATT R WILLISPreparerPersonNm
PTINP00419741PTIN
Phone8067473806PhoneNum
Preparation2024-07-01PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressJOHNFRANKLINSCHOLARSHIP.ORGWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$124,434GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$49,096ContributionsGiftsGrantsEtcAmt
Investment Income$5,810InvestmentIncomeAmt
Fundraising Gross Income$69,528FundraisingGrossIncomeAmt
Special Events Direct Expenses$19,168SpecialEventsDirectExpensesAmt
Special Events Net Income Loss$50,360SpecialEventsNetIncomeLossAmt
Total Revenue$105,266TotalRevenueAmt
Grants And Similar Amounts Paid$84,000GrantsAndSimilarAmountsPaidAmt
Printing Publications Postage$419PrintingPublicationsPostageAmt
Other Expenses Total$3,377OtherExpensesTotalAmt
Total Expenses$87,796TotalExpensesAmt
Excess Or Deficit For Year$17,470ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$122,621NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$140,091NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$222,871BOYAmt
EOY$261,341EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$222,871BOYAmt
EOY$261,341EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$100,250BOYAmt
EOY$121,250EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$122,621BOYAmt
EOY$140,091EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTHE JOHN FRANKLIN SCHOLARSHIP ASSOCIATION'S MISSION IS TO SUPPORT EDUCATION BY FUNDING COLLEGE SCHOLARSHIPS FOR GRADUATING HIGH SCHOOL SENIORS AND TO PROVIDE FUNDS TO THE JOHN FRANKLIN GOLF ENDOWMENT AT ABILENE CHRISTIAN UNIVERSITY.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (2 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
IN 2023, SCHOLARSHIPS TOTALING $64,000 WERE AWARDED TO GRADUATING HIGH SCHOOL SENIORS. ALL STUDENTS WERE APPROVED BY THE BOARD THROUGH THE APPLICATION PROCESS.$64,000$67,796
IN 2023, THE ORGANIZATION GRANTED $20,000 TO THE JOHN FRANKLIN GOLF ENDOWMENT AT ABILENE CHRISTIAN UNIVERSITY TO PROVIDE FUNDS FOR GOLF STUDENTS.$20,000$20,000
FieldValueIRS element (for citing)
Total Program Service Expenses$87,796TotalProgramServiceExpensesAmt
Info In Schedule O Part IVYes (X)InfoInScheduleOPartIVInd

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (12 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
RUBEN SANDOVAL JR
PRESIDENT1.00$0$0$0
JENNIFER KRESS
SECRETARY/TREASURER1.00$0$0$0
DAVID FRANKLIN
DIRECTOR1.00$0$0$0
IRENE FRANKLIN
DIRECTOR1.00$0$0$0
WILLIAM A FRANKLIN
DIRECTOR1.00$0$0$0
ROBERT SALAZAR
DIRECTOR1.00$0$0$0
STEVE PETEREK
DIRECTOR1.00$0$0$0
AMY ROGERS
DIRECTOR1.00$0$0$0
CHARLIE UNDERBRINK
DIRECTOR1.00$0$0$0
HEATH RYAN
DIRECTOR1.00$0$0$0
KIRBY ADAMS
DIRECTOR1.00$0$0$0
KURT RATLIFF
DIRECTOR1.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JENNIFER M KRESSBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11710 YOUNG DRIVEAddressLine1Txt
CityKINGSVILLECityNm
State AbbreviationTXStateAbbreviationCd
ZIP78363ZIPCd
FieldValueIRS element (for citing)
Phone3615921322PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$700CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,396CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,383CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$38,178CurrentTaxYearMinus1YearAmt
Current Tax Year$49,096CurrentTaxYearAmt
Total$102,753TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$700CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$3,396CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$11,383CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$38,178CurrentTaxYearMinus1YearAmt
Current Tax Year$49,096CurrentTaxYearAmt
Total$102,753TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$102,753PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$125CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$304CurrentTaxYearMinus1YearAmt
Current Tax Year$5,810CurrentTaxYearAmt
Total$6,239TotalAmt
FieldValueIRS element (for citing)
Total Support$108,992TotalSupportAmt
Gross Receipts Rltd Activities$318,109GrossReceiptsRltdActivitiesAmt
Public Support CY1700.94280PublicSupportCY170Pct
Public Support PY1700.99240PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF TOURNAMENTEvent1Nm
Gross Receipts Event1$104,678GrossReceiptsEvent1Amt
Charitable Contri Event1$35,150CharitableContriEvent1Amt
Gross Revenue Event1$69,528GrossRevenueEvent1Amt
Cash Prizes Event1$6,400CashPrizesEvent1Amt
Non Cash Prizes Event1$892NonCashPrizesEvent1Amt
Rent Facility Costs Event1$6,876RentFacilityCostsEvent1Amt
Food And Beverage Event1$3,587FoodAndBeverageEvent1Amt
Entertainment Event1$0EntertainmentEvent1Amt
Other Direct Expenses Event1$1,413OtherDirectExpensesEvent1Amt
Gross Receipts Total$104,678GrossReceiptsTotalAmt
Charitable Contributions Tot$35,150CharitableContributionsTotAmt
Gross Revenue Total Events$69,528GrossRevenueTotalEventsAmt
Cash Prizes Total Events$6,400CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$892NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$6,876RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$3,587FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$1,413OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$19,168DirectExpenseSummaryEventsAmt
Net Income Summary$50,360NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOMEDESCRIPTION: INTEREST. AMOUNT: 5,810.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: COLLEGE SCHOLARSHIPS. GRANTEE NAME: INDIVIDUALS AND ORGANIZATIONS. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 64,000.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: GOLF ENDOWMENT GRANT. GRANTEE NAME: ABILENE CHRISTIAN UNIVERSITY. GRANTEE ADDRESS: ACU BOX 27916 ABILENE, TX 79699. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 20,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 84,000.
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: BANK CHARGES. AMOUNT: 1,714. DESCRIPTION: OFFICE EXPENSE. AMOUNT: 1,343. DESCRIPTION: SUPPLIES. AMOUNT: 320. TOTAL TO FORM 990-EZ, LINE 16: 3,377.
FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIESDESCRIPTION: SCHOLARSHIPS PAYABLE. BEG. OF YEAR AMOUNT: 100,250. END OF YEAR AMOUNT: 121,250.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.DeclarationDesc

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