New Orphan Asylum Scholarship Foundation

Cincinnati, OH
Tax-exempt since Sept. 1942
EIN: 31-0536683

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$75.5k (2024)

Expenses

$181k (2024)

Total Assets

$2.11M (2024)

Total Liabilities

$0 (2024)

Source: Form 990 tax filings from 2009 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$75,545

Expenses

$180,826

Net Income

-$105,281

Net Assets

$2,110,109

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,610	4.8%
Interest Revenue	$17,263	22.9%
Dividends	$48,454	64.1%
Sales of Assets	-$18,804
Other Income	$25,022	33.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$150,068	83.0%
Compensation of Officers*	$15,939	8.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,110,109
Total Liabilities	$0
Net Assets	$2,110,109

Compensation

Key Employees and Officers	Compensation	Other
Laurie Stevens Young (Executive Director)	$15,939	$0
Louis Patrick (President)	$0	$0
Rico Rice (Vice President)	$0	$0
Lawrence Cain Jr (Secretary)	$0	$0
Mesha Holloway (Trustee)	$0	$0

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990-PF

Filed on Nov. 17, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$104,101

Expenses

$225,822

Net Income

-$121,721

Net Assets

$2,215,390

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$21,035	20.2%
Dividends	$49,349	47.4%
Sales of Assets	$33,110	31.8%
Other Income	$607	0.6%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$199,180	88.2%
Compensation of Officers*	$15,939	7.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,215,390
Total Liabilities	$0
Net Assets	$2,215,390

Compensation

Key Employees and Officers	Compensation	Other
Laurie Stevens (Executive Director)	$15,939	$0
Louis Patrick (President)	$0	$0
Rico Rice (Vice President)	$0	$0
Lawrence Cain Jr (Secretary)	$0	$0
Mesha Holloway (Trustee)	$0	$0

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990-PF

Filed on Nov. 6, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2022

Revenue

$70,513

Expenses

$165,992

Net Income

-$95,479

Net Assets

$2,337,111

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$21,497	30.5%
Dividends	$49,248	69.8%
Sales of Assets	-$232
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$129,829	78.2%
Compensation of Officers*	$16,007	9.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,337,111
Total Liabilities	$0
Net Assets	$2,337,111

Compensation

Key Employees and Officers	Compensation	Other
Laurie Stevens (Executive Director)	$16,007	$0
Louis Patrick (President)	$0	$0
Rico Rice (Vice President)	$0	$0
Lawrence Cain Jr (Secretary)	$0	$0
Mesha Holloway (Trustee)	$0	$0

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990-PF

Filed on Nov. 15, 2023

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$352,628

Expenses

$172,544

Net Income

$180,084

Net Assets

$2,432,590

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$18,217	5.2%
Dividends	$47,419	13.4%
Sales of Assets	$286,992	81.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$148,683	86.2%
Compensation of Officers*	$17,586	10.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,432,590
Total Liabilities	$0
Net Assets	$2,432,590

Compensation

Key Employees and Officers	Compensation	Other
Laurie Stevens (Executive Director)	$17,586	$0
Louis Patrick (President)	$0	$0
Rico Rice (Vice President)	$0	$0
Lawrence Cain Jr (Secretary)	$0	$0
Mesha Holloway (Trustee)	$0	$0

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990-PF

Filed on Nov. 15, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$65,995

Expenses

$106,754

Net Income

-$40,759

Net Assets

$2,252,505

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$15,865	24.0%
Dividends	$43,174	65.4%
Sales of Assets	$1,456	2.2%
Other Income	$5,500	8.3%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$86,245	80.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,252,506
Total Liabilities	$1
Net Assets	$2,252,505

Compensation

Key Employees and Officers	Compensation	Other
Louis Patrick (President)	$0	$0
Rico Rice (Vice President)	$0	$0
Lawrence Cain Jr (Secretary)	$0	$0
Mesha Holloway (Trustee)	$0	$0
Laurie Stevens (Trustee Part Year)	$0	$0

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990-PF

Filed on Nov. 15, 2021

Primary tax return for a private foundation's activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$62,270

Expenses

$164,494

Net Income

-$102,224

Net Assets

$2,293,264

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$15,635	25.1%
Dividends	$52,220	83.9%
Sales of Assets	$0
Other Income	$125	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$142,431	86.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,293,265
Total Liabilities	$1
Net Assets	$2,293,264

Compensation

Key Employees and Officers	Compensation	Other
Louis Patrick (Vice President)	$0	$0
Lawrence Cain (Trustee)	$0	$0
Rico Rice (Trustee)	$0	$0
Mesha Holloway (Trustee)	$0	$0
Laurie Stevens (Trustee)	$0	$0

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990-PF

Filed on Aug. 17, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$117,200

Expenses

$149,544

Net Income

-$32,344

Net Assets

$2,423,062

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$15,272	13.0%
Dividends	$46,666	39.8%
Sales of Assets	$52,796	45.0%
Other Income	$2,466	2.1%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$125,230	83.7%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,423,062
Total Liabilities	$0
Net Assets	$2,423,062

Compensation

Key Employees and Officers	Compensation	Other
Louis Patrick (Vice President)	$0	$0
Lawrence Cain (Trustee)	$0	$0
Rico Rice (Trustee)	$0	$0

990-PF

Filed on Aug. 19, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$116,665

Expenses

$181,720

Net Income

-$65,055

Net Assets

$2,455,406

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$15,582	13.4%
Dividends	$46,112	39.5%
Sales of Assets	$54,699	46.9%
Other Income	$272	0.2%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$154,045	84.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,455,406
Total Liabilities	$0
Net Assets	$2,455,406

Compensation

Key Employees and Officers	Compensation	Other
Louis Patrick (Vice President)	$0	$0
Lawrence Cain (Trustee)	$0	$0
Rico Rice (Trustee)	$0	$0

990-PF

Filed on Nov. 12, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$6,406

Expenses

$185,333

Net Income

-$178,927

Net Assets

$2,520,461

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$12,304	> 100%
Dividends	$43,179	> 100%
Sales of Assets	-$54,808
Other Income	$5,731	89.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$162,359	87.6%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,520,461
Total Liabilities	$0
Net Assets	$2,520,461

Compensation

Key Employees and Officers	Compensation	Other
Louis Patrick (Vice President/Secretary)	$0	$0
Sean Parker (President)	$0	$0

990-PF

Filed on Oct. 30, 2017

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2015

Revenue

$101,248

Expenses

$225,982

Net Income

-$124,734

Net Assets

$2,699,388

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$11,728	11.6%
Dividends	$42,138	41.6%
Sales of Assets	$43,976	43.4%
Other Income	$3,406	3.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$183,432	81.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,699,388
Total Liabilities	$0
Net Assets	$2,699,388

Compensation

Key Employees and Officers	Compensation	Other
Louis Patrick (Vice President/Secretary)	$0	$0
Sean Parker (President)	$0	$0

990-PF

Filed on Nov. 14, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$481,918

Expenses

$159,775

Net Income

$322,143

Net Assets

$2,798,202

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$5,709	1.2%
Interest Revenue	$13,249	2.7%
Dividends	$46,802	9.7%
Sales of Assets	$413,602	85.8%
Other Income	$2,556	0.5%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$122,002	76.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,798,202
Total Liabilities	$0
Net Assets	$2,798,202

Compensation

Key Employees and Officers	Compensation	Other
Louis Patrick (Vice President/Secretary)	$0	$0
Sean Parker (President)	$0	$0

990-PF

Filed on Oct. 29, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2013

Revenue

$221,329

Expenses

$147,798

Net Income

$73,531

Net Assets

$2,472,763

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$7,731	3.5%
Interest Revenue	$18,943	8.6%
Dividends	$47,128	21.3%
Sales of Assets	$147,527	66.7%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$64,800	43.8%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,472,763
Total Liabilities	$0
Net Assets	$2,472,763

Compensation

Key Employees and Officers	Compensation	Other
Louis Patrick (Vice President/Secretary)	$0	$0
Sean Parker (President)	$0	$0

990-PF

Filed on Nov. 17, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Dec.
2012

Revenue

$163,654

Expenses

$184,620

Net Income

-$20,966

Net Assets

$2,408,975

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$29,487	18.0%
Interest Revenue	$31,858	19.5%
Dividends	$53,522	32.7%
Sales of Assets	$48,787	29.8%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$100,080	54.2%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,408,976
Total Liabilities	$1
Net Assets	$2,408,975

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2011

Revenue

$171,306

Expenses

$131,277

Net Income

$40,029

Net Assets

$2,397,093

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$8,538	5.0%
Interest Revenue	$0
Dividends	$75,449	44.0%
Sales of Assets	$86,002	50.2%
Other Income	$1,317	0.8%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$111,596	85.0%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,397,316
Total Liabilities	$223
Net Assets	$2,397,093

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Revenue

$147,795

Expenses

$136,361

Net Income

$11,434

Net Assets

$2,307,064

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$8,618	5.8%
Interest Revenue	$0
Dividends	$80,857	54.7%
Sales of Assets	$58,320	39.5%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$120,490	88.4%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,307,064
Total Liabilities	$0
Net Assets	$2,307,064

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Revenue

-$197,578

Expenses

$122,723

Net Income

-$320,301

Net Assets

$2,295,630

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$3,973
Interest Revenue	$0
Dividends	$84,600
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$105,942	86.3%
Compensation of Officers*	$0
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$2,295,630
Total Liabilities	$0
Net Assets	$2,295,630

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 4) PDF (3 of 4) PDF (4 of 4)

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

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New Orphan Asylum Scholarship Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $75.5k (2024)

Expenses $181k (2024)

Total Assets $2.11M (2024)

Total Liabilities $0 (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

Revenue

$75.5k (2024)

Expenses

$181k (2024)

Total Assets

$2.11M (2024)

Total Liabilities

$0 (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001