Barber & Beauty Scholarship Fund Inc in Houston, Texas (TX)

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Barber & Beauty Scholarship Fund Inc
Employer Identification Number (EIN)205256759
Name of OrganizationBarber & Beauty Scholarship Fund Inc
Address2727 Allen Pkwy Ste 1500, Houston, TX 77019-2127
SubsectionCharitable Organization, Educational Organization
Ruling Date08/2006
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$0
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$26,093
Amount of Income$66,584
Form 990 Revenue Amount$66,584
National Taxonomy of Exempt Entities (NTEE)Educational Institutions and Related Activities: Scholarships, Student Financial Aid Services, Awards


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Amount of income in 2013: $66,584 (it was $11 in 2012)
Barber & Beauty Scholarship Fund Inc: 

 $66,584
Other organizations performing similar types of work: 

 $41,648

Assets in 2013: $26,093 (it was $1,561 in 2012)
This organization: 

 $26,093
Other organizations performing similar types of work: 

 $65,578

Expenses in 2012: $23,783
Barber & Beauty Scholarship Fund Inc: 

 $23,783
Other organizations performing similar types of work: 

 $24,455

Income to expenses ratio in 2012: 2.8
Barber & Beauty Scholarship Fund Inc: 

 2.8
Other organizations performing similar types of work: 

 0.5

Grants share in income in 2012: 0.0%
Barber & Beauty Scholarship Fund Inc: 

 0.0%
Other organizations performing similar types of work: 

 6.6%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$11
Contributions, gifts, grants, and similar amounts received$0
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$11
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$23,783
Total net assets$1,420
Deficit for the year$-23,772
Net assets or fund balances at beginning of year$25,192
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$1,561
Total liabilities$141
Net assets or fund balances$1,420
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975
Support Schedule for Organizations Described in Section 509(a)(2) (for 2012)
2008 - 2012 Total
Total support$294,943
Gifts, grants, contributions, and membership fees received$294,943
Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose$0
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Brazos Higher Education Authority IncPO BOX 1308, Waco, TX 76703-1308TX2014-10$179,269,029
2Trinity Higher Education Authority Inc2600 Washington Avenue, Waco, TX 76710TX2015-03$138,316,451
3Greater Texas Foundation6100 Foundation Place Dr, Bryan, TX 77807-1105TX1980-05$42,177,004
4Federated Student Finance Corporation2600 Washington Ave, Waco, TX 76710-7449TX2015-04$3,427,827
5Galveston College Foundation4015 Avenue Q, Galveston, TX 77550-7447TX1996-10$2,568,490
6Education Is Freedom Foundation1111 W Mockingbird Ln Ste 1300 # B, Dallas, TX 75247-5013TX2002-07$2,271,762
7Academic Athlete Plus7300 Hinton Dr, Mansfield, TX 76063-4639TX2002-03$300,498
8Ut Houston Health Sciences Scholarship Foundation7000 Fannin St Ste 1535, Houston, TX 77030-5400TX2002-02$43,132
9Texas Grocery & Convenience Education Foundation7719 Wood Hollow Drive Suite 150, Austin, TX 78731TX2002-10$37,957
10Reverend Monsignor Larry J Droll Scholarship FundP O Box 659527, San Antonio, TX 78265-9527TX2002-09$27,837
11Pearland Lions Education FoundationPo Box 903, Pearland, TX 77588TX2001-02$26,430
12Clay Gould Foundation Inc2100 Twin Elms Dr, Arlington, TX 76012-5639TX2005-03$11,432
13Kelly Gene Cook Sr Charitable Foundation Inc230 Kilts Dr, Houston, TX 77024-6214TX1986-12$32,540,042
14Nestle Scholarship FoundationPO BOX 831041, Dallas, TX 75283-1041TX1974-03$12,232,133
15Association For The Development Of Academic Excellence, Adae8282 Bissonnet Ste 125, Houston, TX 77074-3904TX1996-05$7,185,178
16Higher Education Servicing Corp In4381 W Green Oaks Blvd, Arlington, TX 76016-4452TX1999-05$6,990,113
17Fluor Foundation6700 Las Colinas Blvd, Irving, TX 75039-2902TX1996-03$6,173,823
18Minnie Stevens Piper Foundation1250 Ne Loop 410 Ste 810, San Antonio, TX 78209-1539TX1952-11$5,660,520
19Harry E Bovay Jr Foundation600 Jefferson St Ste 300, Houston, TX 77002-7377TX1991-09$5,602,588
20Kimberly-Clark Foundation Inc351 Phelps Dr, Irving, TX 75038-6507TX1995-11$5,350,417
Number of organizations performing similar types of work
Alaska48
Alabama286
Arkansas212
Arizona375
California2,590
Colorado397
Connecticut360
District of Columbia210
Delaware90
Florida1,248
Georgia644
Hawaii125
Iowa241
Idaho90
Illinois1,084
Indiana348
Kansas216
Kentucky271
Louisiana247
Massachusetts819
Maryland580
Maine135
Michigan690
Minnesota353
Missouri459
Mississippi159
Montana122
North Carolina631
North Dakota29
Nebraska124
New Hampshire145
New Jersey1,137
New Mexico122
Nevada157
New York1,581
Ohio902
Oklahoma233
Oregon274
Pennsylvania951
Rhode Island132
South Carolina243
South Dakota54
Tennessee325
Texas2,055
Utah196
Virginia649
Vermont87
Washington473
Wisconsin403
West Virginia110
Wyoming43
International27
Total23,482

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