Talented Tenth Scholarship Fund Inc

EIN: 472899290 501(c)(3) Housing & Shelter

N Charleston, SC

Total Revenue
$280,000
Total Expenses
N/A
Total Assets
$280,000
Net Assets
$280,000
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2014
Legal Domicile
SC
Principal Officer
Michael Smith
Phone
8438345514
Tax Period
2025-01-01 to 2025-12-31

Talented Tenth Scholarship Fund Inc, founded in 2014, is a small nonprofit in the Housing & Shelter sector that reported $280K in total revenue in fiscal year 2025.

Mission

Talented Tenth Scholarship Fund Inc is a 501c3 public charity organized to support educational advancement workforce readiness community wellness and housing stability initiatives for underserved populations. The organizations mission is to develop charitable programs that promote scholarship support independent living resources wellness education supportive housing initiatives and community stabilization services. During 2025 the organization focused on organizational development charitable program planning governance establishment and infrastructure development to support future educational wellness and community-based assistance programs.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

Vintage Place Independent Living Homes is a charitable supportive housing initiative focused on housing stability independent living support wellness education and community support services for...

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Vintage Place Independent Living Homes is a charitable supportive housing initiative focused on housing stability independent living support wellness education and community support services for underserved populations including veterans seniors survivors of domestic violence and individuals transitioning from foster care. During 2025 the organization conducted program development outreach preparation partnership engagement and administrative infrastructure activities to support charitable housing services.

Program 2
Expenses: $0 Revenue: $0

The organization conducted charitable program planning activities related to workforce readiness wellness support community engagement and stabilization services intended to benefit underserved...

Read more

The organization conducted charitable program planning activities related to workforce readiness wellness support community engagement and stabilization services intended to benefit underserved populations.

Program 3
Expenses: $0 Revenue: $0

The organization conducted community outreach preparation partnership development and organizational capacity-building activities to support future charitable housing and supportive living...

Read more

The organization conducted community outreach preparation partnership development and organizational capacity-building activities to support future charitable housing and supportive living initiatives.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $280,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $280,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2025 2024 Change
Revenue $280,000 N/A N/A
Expenses N/A N/A N/A
Net Income N/A $0 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$0
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Michael Smith President CEO 5.00
Officer Director
$0 $0 $0
Khaleelah Miles Chief Financial Officer - CFO 5.00
Officer Director
$0 $0 $0
Margaret Smith Treasurer 3.00
Officer Director
$0 $0 $0
Elaina Smith Secretary 3.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $280,000 No data $280,000 No data
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