Tk Scholarship Fund

990EZ • Fiscal year 2017 • EIN 47-4842334

Jan 01, 2017 to Dec 31, 2017 • Filed on May 04, 2018

Organization Profile

27 Aspen WayOakland, NJ 07436

(201) 352-4437

Siviq Scores

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

0.00x

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

2017 filings • NTEE B82 • <$500k nonprofits • Source year 2017

0.00x

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

2017 filings • NTEE B82 • <$500k nonprofits • Source year 2017

31%

Higher net margin than 69% of similar nonprofits.

2017 filings • NTEE B82 • <$500k nonprofits • Source year 2017

Higher top officer pay than 94% of similar nonprofits.

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

2017 filings • NTEE B82 • <$500k nonprofits • Source year 2017

33%

Faster asset growth than 82% of similar nonprofits.

2017 filings • NTEE B82 • <$500k nonprofits • Annualized from 2016 to 2017

-17%

Faster revenue growth than 29% of similar nonprofits.

2017 filings • NTEE B82 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / Assets79th percentile

Assets

$41,262

Up $10,320 (+33%) from 2016

Net Assets

$41,262

Up $10,320 (+33%) from 2016

Liabilities

Flat

Flat from 2016

Revenue And Expenses

Liabilities / Revenue79th percentile Net Margin69th percentile

Revenue

Down

$33,831

Down $6,836 (-17%) from 2016

Expenses

$23,511

Up $4,511 (+24%) from 2016

Net Income

Down

$10,320

Down $11,347 (-52%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth82nd percentile

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

Highlighted filing

2017

Assets$41,262

Liabilities$0

Net Assets$41,262

Open 2017 Filing

Operations Trend

Revenue Growth29th percentile

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

Highlighted filing

2017

Revenue$33,831

Expenses$23,511

Net Income$10,320

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: May 4, 2018
Return Version: 2017v2.2
Gross Receipts: $42,530

Mission and Program Overview

Mission

Provide tuition assistance to don bosco

Program Services

Description	Grants	Expenses
TUTION ASSISTANCE TO DON BOSCO STUDENTS	$22,885	-

Compensation and Service Providers

Top Officer Pay94th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
GREGORY TOSKOS	Director	PT	$0	-	-
BRAD DAYSPRING	Director	PT	$0	-	-
JOHN KENNEDY	Director	PT	$0	-	-

Fundraising, Events, and Gaming

Fundraising Events

Event	Gross Receipts	Gross Revenue	Direct Expenses	Net Income
Cigar Night	-	-	-	-

Filing and Contact Details

Filer

Filer Name: Tk Scholarship Fund
EIN: 47-4842334
Address: 27 ASPEN WAY, OAKLAND, NJ 07436

Signing Officer

Name: Gregory Toskos
Title: Director
Phone: 2013524437
Signed: 2018-05-04
Discuss with paid preparer: Yes

Preparer

Firm: George Kassab CPA
Address: ONE LIBRARY WAY, ORADELL, NJ 07649
Preparer: Nadine M Pitcher
Phone: 2012657977

Supplemental Narrative

Additional Explanations

List of grants and similar amounts paid Part I line 10

“Activity scholarship grantee mickey burns street 492 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 4,000activity scholarship grantee grant nawoichyk street 496 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 5,000activity scholarship grantee tj schweighardt street 492 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 6,000activity scholarship grantee michael rubin street 492 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 3,000activity scholarship grantee xavier wildy street 495 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 4,885”

Description of other expenses Part I line 16

“Description amountnj registration 51”

Raw XML Appendix142 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
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	GREGORY TOSKOS
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	2013524437
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	27 ASPEN WAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	OAKLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	07436
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	30942
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	41262
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	7100
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	10320
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	575
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	30942
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	41262
IRS990EZ/FundraisingGrossIncomeAmt	0	35430
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	22885
IRS990EZ/GrossReceiptsAmt	0	42530
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	0
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	30942
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	41262
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	30942
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	41262
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	5.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	5.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	5.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	GREGORY TOSKOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	BRAD DAYSPRING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	JOHN KENNEDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	DIRECTOR
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationFiled990TInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	true
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	51
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	PROVIDE TUITION ASSISTANCE TO DON BOSCO
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	TUTION ASSISTANCE TO DON BOSCO STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	22885
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SpecialEventsDirectExpensesAmt	0	8699
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	26731
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	23511
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	33831
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	42530
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	65466
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	107996
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	0.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	107996
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	42530
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	65466
IRS990ScheduleA/Total509Grp/TotalAmt	0	107996
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	42530
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	65466
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	0
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	0
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	107996
IRS990ScheduleG/AgrmtProfFundraisingActyInd	0	false
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm	0	CIGAR NIGHT
IRS990ScheduleG/InPersonSolicitationsInd	0	X
IRS990ScheduleG/LicensedStatesCd	0	NJ
IRS990ScheduleG/SpecialFundraisingEventsInd	0	X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	ACTIVITY SCHOLARSHIP GRANTEE MICKEY BURNS STREET 492 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 4,000ACTIVITY SCHOLARSHIP GRANTEE GRANT NAWOICHYK STREET 496 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 5,000ACTIVITY SCHOLARSHIP GRANTEE TJ SCHWEIGHARDT STREET 492 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 6,000ACTIVITY SCHOLARSHIP GRANTEE MICHAEL RUBIN STREET 492 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 3,000ACTIVITY SCHOLARSHIP GRANTEE XAVIER WILDY STREET 495 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 4,885
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION AMOUNTNJ REGISTRATION 51
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	Description of other expenses Part I line 16
ReturnHeader/BuildTS	0	2018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	GREGORY TOSKOS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	2013524437
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-05-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	TK SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt	0	TKSC
ReturnHeader/Filer/EIN	0	474842334
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	27 ASPEN WAY
ReturnHeader/Filer/USAddress/CityNm	0	OAKLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NJ
ReturnHeader/Filer/USAddress/ZIPCd	0	07436
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	0989A8EFA5B794D4436751FA53BFC8A3AAEF5D4C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	0989A8EFA5B794D4436751FA53BFC8A3AAEF5D4C
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionId	0	222311201812822rpip3
ReturnHeader/FilingSecurityInformation/FederalOriginalSubmissionIdDt	0	2018-05-08
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	69.122.214.13
ReturnHeader/FilingSecurityInformation/IPDt	0	2018-05-08
ReturnHeader/FilingSecurityInformation/IPTm	0	14:54:59
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	030489009
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	GEORGE KASSAB CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	ONE LIBRARY WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	ORADELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	07649
ReturnHeader/PreparerPersonGrp/PhoneNum	0	2012657977
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2018-05-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	NADINE M PITCHER
ReturnHeader/ReturnTs	0	2018-05-04T13:26:37-04:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2017-01-01
ReturnHeader/TaxPeriodEndDt	0	2017-12-31
ReturnHeader/TaxYr	0	2017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $41,262
Liabilities: $0
Net assets: $41,262
Revenue: $33,831
Expenses: $23,511
Net income: $10,320

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$1.33	$0.00	$1.33	$1.28	$0.85	$0.43
2023Summary only. Only limited summary data is available for this year.	$0.90	$0.00		$0.86	$1.03	$0.17
2022Detailed filing. Detailed filing data is available for this year.	$1.06	$0.00	$1.06	$1.41	$1.33	$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.42	$0.00	$0.42	$0.43	$0.66	$0.23
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.65	$0.00	$0.65	$0.41	$0.31	$0.10
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.55	$0.00	$0.55	$0.34	$0.27	$0.06
2018Summary only. Only limited summary data is available for this year.	$0.49	$0.00		$0.31	$0.23	$0.08
2017Detailed filing. Detailed filing data is available for this year.	$0.41	$0.00	$0.41	$0.34	$0.24	$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$0.31	$0.00	$0.31	$0.41	$0.19	$0.22