Civic Intelligence

Montclair Scholarship Fund Inc.

990 • Fiscal year 2018 • EIN 22-6047818

Sep 01, 2017 to Aug 31, 2018 • Filed on Jul 08, 2019

Organization Profilewww.montclairscholarshipfund.org
100 Chestnut StreetMontclair, NJ 07042

(973) 509-9000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

78th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • NTEE T • $500k-$1M nonprofits • Source year 2018

Liabilities / Revenue

78th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2018 filings • NTEE T • $500k-$1M nonprofits • Source year 2018

Net Margin

78th percentile

45%

Higher net margin than 78% of similar nonprofits.

2018 filings • NTEE T • $500k-$1M nonprofits • Source year 2018

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2018 filings • NTEE T • $500k-$1M nonprofits • Source year 2018

Asset Growth

85th percentile

21%

Faster asset growth than 85% of similar nonprofits.

2018 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2017 to 2018

Revenue Growth

77th percentile

53%

Faster revenue growth than 77% of similar nonprofits.

2018 filings • NTEE T • $500k-$1M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets78th percentile

Assets

Up

$753,251

Up $132,206 (+21%) from 2017

Net Assets

Up

$753,251

Up $132,206 (+21%) from 2017

Liabilities

Flat

$0

Flat from 2017

Revenue And Expenses
Liabilities / Revenue78th percentileNet Margin78th percentile

Revenue

Up

$272,960

Up $94,792 (+53%) from 2017

Expenses

Down

$149,341

Down $35,371 (-19%) from 2017

Net Income

Up

$123,619

Up $130,163 (+1989%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth85th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2011: $456,175Liabilities 2011: $0Net Assets 2011: $456,1752011Assets 2012: $444,924Liabilities 2012: $0Net Assets 2012: $444,9242012Assets 2013: $410,798Liabilities 2013: $0Net Assets 2013: $410,7982013Assets 2014: $471,197Liabilities 2014: $0Net Assets 2014: $471,1972014Assets 2015: $538,592Liabilities 2015: $0Net Assets 2015: $538,5922015Assets 2016: $619,822Liabilities 2016: $0Net Assets 2016: $619,8222016Assets 2017: $621,045Liabilities 2017: $0Net Assets 2017: $621,0452017Assets 2018: $753,251Liabilities 2018: $0Net Assets 2018: $753,2512018Assets 2019: $876,247Liabilities 2019: $0Net Assets 2019: $876,2472019Assets 2020: $1,008,795Liabilities 2020: $0Net Assets 2020: $1,008,7952020Assets 2021: $1,129,204Liabilities 2021: $0Net Assets 2021: $1,129,2042021Assets 2022: $874,691Liabilities 2022: $0Net Assets 2022: $874,6912022Assets 2023: $1,145,924Liabilities 2023: $0Net Assets 2023: $1,145,9242023Assets 2024: $1,331,916Liabilities 2024: $0Net Assets 2024: $1,331,9162024Assets 2025: $1,489,946Liabilities 2025: $0Net Assets 2025: $1,489,9462025

Highlighted filing

2018

Assets$753,251
Liabilities$0
Net Assets$753,251
Open 2018 Filing

Operations Trend

Revenue Growth77th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$800K$600K$400K$200K$0-$200KRevenue 2011: $239,401Expenses 2011: $108,853Net Income 2011: $130,5482011Revenue 2012: $95,080Expenses 2012: $116,746Net Income 2012: -$21,6662012Revenue 2013: $85,502Expenses 2013: $112,756Net Income 2013: -$27,2542013Revenue 2014: $161,702Expenses 2014: $128,114Net Income 2014: $33,5882014Revenue 2015: $216,579Expenses 2015: $147,157Net Income 2015: $69,4222015Revenue 2016: $195,907Expenses 2016: $128,425Net Income 2016: $67,4822016Revenue 2017: $178,168Expenses 2017: $184,712Net Income 2017: -$6,5442017Revenue 2018: $272,960Expenses 2018: $149,341Net Income 2018: $123,6192018Revenue 2019: $251,153Expenses 2019: $140,346Net Income 2019: $110,8072019Revenue 2020: $262,949Expenses 2020: $163,236Net Income 2020: $99,7132020Revenue 2021: $451,377Expenses 2021: $203,013Net Income 2021: $248,3642021Revenue 2022: $383,333Expenses 2022: $486,866Net Income 2022: -$103,5332022Revenue 2023: $611,429Expenses 2023: $399,484Net Income 2023: $211,9452023Revenue 2024: $433,642Expenses 2024: $395,359Net Income 2024: $38,2832024Revenue 2025: $497,783Expenses 2025: $375,377Net Income 2025: $122,4062025

Highlighted filing

2018

Revenue$272,960
Expenses$149,341
Net Income$123,619
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2017 to Aug 31, 2018
Signed
Jul 8, 2019
Return Version
2017v2.2
Gross Receipts
$285,994
Mission and Program Overview

Mission

The organization awards college scholarships to college-bound High School seniors with financial need.

The organization awards college scholarships to college-bound High School seniors with financial need. The entity also provides grants to outstanding teachers for classroom programs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$422,749$431,336▲ $8,587
Savings and Temporary Cash Investments$194,690$171,867▼ $22,823
Cash and Non-Interest-Bearing Accounts$3,606$150,048▲ $146,442
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$621,045$753,251▲ $132,206
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$621,045$753,251▲ $132,206
Total Net Assets Fund Balance$621,045$753,251▲ $132,206
Total Liabilities and Net Assets / Fund Balance$621,045$753,251▲ $132,206
Compensation and Service Providers
Top Officer Pay79th percentile

Board Members and Trustees

NameTitle
Kathleen McClearnCo- President
Susann ConnorsCo-President
Barbara DeLorenzo RechanTrustee
Celia RadekTrustee
Cynthia TreeneTrustee
James N EarleTrustee
Jessica HenryTrustee
Jessica de KoninckTrustee
Leeta JordanTrustee
Margaret SchiffenhausTrustee
Mimi WredeTrustee
Ronald BolandiTrustee
Sarah Stibbe DamaskosTrustee
Sharon Burton TurnerTrustee
Melissa BigelowSecretary
Gerald A FasanellaTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$211,893
Program Service Revenue
$0
Investment Income
$12,177
Other Revenue
$48,890
All Other Contributions
$208,993
Change in Net Assets
$123,619
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$141,898
Other Expenses$7,443
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$141,898--$141,898
Insurance-$1,392-$1,392
Fees for Services Accounting-$1,000-$1,000
All Other Expenses-$373-$373
Other Expenses-$251-$251
Total Functional Expenses$141,898$7,443$0$149,341
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$61,924
Fundraising Direct Expenses$13,034
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Mardi Gras$62,141$59,241$3,916$55,325
Total Events$62,141$59,241$10,891$48,350
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“A copy of the Form 990 is provided to the President and Treasurer of the Board of Trustees for review prior to filing. In addition, a copy is distributed to the Board of Trustees prior to filing.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Available upon request.”

Filing and Contact Details

Filer

Filer Name
Montclair Scholarship Fund
EIN
22-6047818
Address
100 CHESTNUT STREET, MONTCLAIR, NJ 07042

Signing Officer

Name
Gerald A Fasanella
Title
Treasurer
Signed
2019-07-08
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Nj
Voting Board Members
12
Independent Board Members
12
Employees
0
Volunteers
20

Preparer

Firm
Maureen a Leidl CPA
Address
223 LORRAINE AVE, MONTCLAIR, NJ 07043-1948
Preparer
Maureen A Leidl CPA
Phone
9737832000
Raw XML AppendixShowing 400 of 480 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0The organization awards college scholarships to college-bound High School seniors with financial need. The entity also provides grants to outstanding teachers for classroom programs.
IRS990/AdvertisingGrp/TotalAmt00
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt0208993
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0373
IRS990/AllOtherExpensesGrp/TotalAmt0373
IRS990/AnnualDisclosureCoveredPrsnInd0false
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0Gerald Fasanella CPA
IRS990/BooksInCareOfDetail/PhoneNum09735099000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0223 Lorraine Avenue
IRS990/BooksInCareOfDetail/USAddress/CityNm0Montclair
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990/BooksInCareOfDetail/USAddress/ZIPCd007043
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt03606
IRS990/CashNonInterestBearingGrp/EOYAmt0150048
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/ContriRptFundraisingEventAmt02900
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt0211893
IRS990/CYGrantsAndSimilarPaidAmt0141898
IRS990/CYInvestmentIncomeAmt012177
IRS990/CYOtherExpensesAmt07443
IRS990/CYOtherRevenueAmt048890
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0123619
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0149341
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0272960
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0The orgainization awards scholarships for college tuition, books and supplies to college-bound High School seniors with financial need.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt0141898
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt01000
IRS990/FeesForServicesAccountingGrp/TotalAmt01000
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt90.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt100.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt110.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt120.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt130.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt150.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt75.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt82.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt93.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt122.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt134.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt142.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt151.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/PersonNm0Susann Connors
IRS990/Form990PartVIISectionAGrp/PersonNm1Kathleen McClearn
IRS990/Form990PartVIISectionAGrp/PersonNm2James N Earle
IRS990/Form990PartVIISectionAGrp/PersonNm3Gerald A Fasanella
IRS990/Form990PartVIISectionAGrp/PersonNm4Cynthia Treene
IRS990/Form990PartVIISectionAGrp/PersonNm5Sarah Stibbe Damaskos
IRS990/Form990PartVIISectionAGrp/PersonNm6Margaret Schiffenhaus
IRS990/Form990PartVIISectionAGrp/PersonNm7Celia Radek
IRS990/Form990PartVIISectionAGrp/PersonNm8Sharon Burton Turner
IRS990/Form990PartVIISectionAGrp/PersonNm9Melissa Bigelow
IRS990/Form990PartVIISectionAGrp/PersonNm10Jessica de Koninck
IRS990/Form990PartVIISectionAGrp/PersonNm11Ronald Bolandi
IRS990/Form990PartVIISectionAGrp/PersonNm12Leeta Jordan
IRS990/Form990PartVIISectionAGrp/PersonNm13Barbara DeLorenzo Rechan
IRS990/Form990PartVIISectionAGrp/PersonNm14Mimi Wrede
IRS990/Form990PartVIISectionAGrp/PersonNm15Jessica Henry
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/TitleTxt0Co-President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Co- President
IRS990/Form990PartVIISectionAGrp/TitleTxt2Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt3Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt4Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt5Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt6Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt7Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt8Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt9Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt10Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt11Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt12Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt13Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt14Trustee
IRS990/Form990PartVIISectionAGrp/TitleTxt15Trustee
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0true
IRS990/FundraisingAmt02900
IRS990/FundraisingDirectExpensesAmt013034
IRS990/FundraisingGrossIncomeAmt061924
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt012
IRS990/GrantAmt0141898
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0141898
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0141898
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0285994
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt01392
IRS990/InsuranceGrp/TotalAmt01392
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt012177
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt012177
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0422749
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0431336
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0NJ
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The organization awards college scholarships to college-bound High School seniors with financial need. The entity also provides grants to outstanding teachers for classroom programs.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0621045
IRS990/NetAssetsOrFundBalancesEOYAmt0753251
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt048890
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt08587
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0true
IRS990/NondeductibleContriDisclInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/TotalAmt00
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Merchant fees
IRS990/OtherExpensesGrp/Desc1Postage and Shipping
IRS990/OtherExpensesGrp/Desc2Printing and Publications
IRS990/OtherExpensesGrp/Desc3Registration Fees
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03043
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1788
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt2596
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt3251
IRS990/OtherExpensesGrp/TotalAmt03043
IRS990/OtherExpensesGrp/TotalAmt1788
IRS990/OtherExpensesGrp/TotalAmt2596
IRS990/OtherExpensesGrp/TotalAmt3251
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0157668
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0179887
IRS990/PYInvestmentIncomeAmt010620
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt04825
IRS990/PYOtherRevenueAmt09880
IRS990/PYRevenuesLessExpensesAmt0-6544
IRS990/PYTotalExpensesAmt0184712
IRS990/PYTotalRevenueAmt0178168
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0123619
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0194690
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0171867
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0208303
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0167548
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0186142
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0135263
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt087551
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0784807
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt012177
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt010620
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt09765
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt09445
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt09926
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt051933
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.93790
IRS990ScheduleA/PublicSupportPY170Pct00.93100
IRS990ScheduleA/PublicSupportTotal170Amt0784807
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0208303
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0167548
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0186142
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0135263
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt087551
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0784807
IRS990ScheduleA/TotalSupportAmt0836740
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt02900
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt02900
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010891
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt0200
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt0200
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Mardi Gras
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt0600
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0600
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt062141
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt062141
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt059241
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt059241
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt048350
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt03916
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt03916
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt06175
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt06175
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0141898
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0College Scholarships
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt0115

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$753,251
Liabilities
$0
Net assets
$753,251
Revenue
$272,960
Expenses
$149,341
Net income
$123,619
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.49$0.00$1.49$0.50$0.38$0.12
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.33$0.00$1.33$0.43$0.40$0.04
2023Summary only. Only limited summary data is available for this year.$1.15$0.00$1.15$0.61$0.40$0.21
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.87$0.00$0.87$0.38$0.49$0.10
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.13$0.00$1.13$0.45$0.20$0.25
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.01$0.00$1.01$0.26$0.16$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.00$0.88$0.25$0.14$0.11
2018Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.27$0.15$0.12
2017Summary only. Only limited summary data is available for this year.$0.62$0.00$0.62$0.18$0.18$0.01
2016Detailed filing. Detailed filing data is available for this year.$0.62$0.00$0.62$0.20$0.13$0.07
2015Detailed filing. Detailed filing data is available for this year.$0.54$0.00$0.54$0.22$0.15$0.07
2014Summary only. Only limited summary data is available for this year.$0.47$0.00$0.47$0.16$0.13$0.03
2013Summary only. Only limited summary data is available for this year.$0.41$0.00$0.41$0.09$0.11$0.03
2012Summary only. Only limited summary data is available for this year.$0.44$0.00$0.44$0.10$0.12$0.02
2011Summary only. Only limited summary data is available for this year.$0.46$0.00$0.46$0.24$0.11$0.13