Civic Intelligence

Tk Scholarship Fund

990EZ • Fiscal year 2021 • EIN 47-4842334

Jan 01, 2021 to Dec 31, 2021 • Filed on May 13, 2022

10 Ponds WayOakland, NJ 07436

(201) 352-4437

Siviq Scores

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

Liabilities / Assets

74th percentile

0.00x

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

2021 filings • NTEE B82 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

73rd percentile

0.00x

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

2021 filings • NTEE B82 • <$500k nonprofits • Source year 2021

Net Margin

18th percentile

-54%

Higher net margin than 18% of similar nonprofits.

2021 filings • NTEE B82 • <$500k nonprofits • Source year 2021

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

2021 filings • NTEE B82 • <$500k nonprofits • Source year 2021

Asset Growth

7th percentile

-35%

Faster asset growth than 7% of similar nonprofits.

2021 filings • NTEE B82 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

50th percentile

4.2%

Faster revenue growth than 50% of similar nonprofits.

2021 filings • NTEE B82 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$42,246

Down $23,064 (-35%) from 2020

Net Assets

Down

$42,246

Down $23,064 (-35%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$42,655

Up $1,710 (+4.2%) from 2020

Expenses

Up

$65,719

Up $34,740 (+112%) from 2020

Net Income

Down

-$23,064

Down $33,030 (-331%) from 2020

Historical Trend

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2016: $30,942Liabilities 2016: $0Net Assets 2016: $30,9422016Assets 2017: $41,262Liabilities 2017: $0Net Assets 2017: $41,2622017Assets 2018: $49,001Liabilities 2018: $02018Assets 2019: $55,344Liabilities 2019: $0Net Assets 2019: $55,3442019Assets 2020: $65,310Liabilities 2020: $0Net Assets 2020: $65,3102020Assets 2021: $42,246Liabilities 2021: $0Net Assets 2021: $42,2462021Assets 2022: $106,236Liabilities 2022: $0Net Assets 2022: $106,2362022Assets 2023: $89,538Liabilities 2023: $02023Assets 2024: $132,640Liabilities 2024: $0Net Assets 2024: $132,6402024

Highlighted filing

2021

Assets$42,246
Liabilities$0
Net Assets$42,246

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2016: $40,667Expenses 2016: $19,000Net Income 2016: $21,6672016Revenue 2017: $33,831Expenses 2017: $23,511Net Income 2017: $10,3202017Revenue 2018: $30,704Expenses 2018: $22,965Net Income 2018: $7,7392018Revenue 2019: $33,522Expenses 2019: $27,179Net Income 2019: $6,3432019Revenue 2020: $40,945Expenses 2020: $30,979Net Income 2020: $9,9662020Revenue 2021: $42,655Expenses 2021: $65,719Net Income 2021: -$23,0642021Revenue 2022: $140,717Expenses 2022: $133,202Net Income 2022: $7,5152022Revenue 2023: $86,398Expenses 2023: $103,096Net Income 2023: -$16,6982023Revenue 2024: $128,209Expenses 2024: $85,107Net Income 2024: $43,1022024

Highlighted filing

2021

Revenue$42,655
Expenses$65,719
Net Income-$23,064
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 13, 2022
Return Version
2021v4.2
Gross Receipts
$75,254
Mission and Program Overview

Mission

Provide tuition assistance to don bosco

Program Services

DescriptionGrantsExpenses
TUTION ASSISTANCE TO PRIVATE SCHOOL STUDENTS$64,060-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GREGORY TOSKOSDirectorPT$0--
BRAD DAYSPRINGDirectorPT$0--
JOHN KENNEDYDirectorPT$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$55,524$55,524$4,228$51,296
Cigar Outing$13,046$13,046$3,350$9,696
Total Events$68,570$68,570$32,599$35,971
Filing and Contact Details

Filer

Filer Name
Tk Scholarship Fund
EIN
47-4842334
Address
10 PONDS WAY, OAKLAND, NJ 07436

Signing Officer

Name
Gregory Toskos
Title
Director
Phone
2013524437
Signed
2022-05-13
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 kris krummins street 492 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 15,910activity scholarship grantee jeremy gagnon street 496 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 10,300activity scholarship grantee dean toskos street 492 n franklin tpke city, state, zip ramsey, nj 07446relationship son of trustee amount 5,000activity scholarship street 492 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 32,850

Description of other expenses Part I line 16

Description amountbank fees 144registration fee 60advertising 500other expenses 180

Raw XML Appendix167 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0GREGORY TOSKOS
IRS990EZ/BooksInCareOfDetail/PhoneNum02013524437
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt010 PONDS WAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0OAKLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007436
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt065310
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt042246
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-23064
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0775
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
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IRS990EZ/Form990TotalAssetsGrp/EOYAmt042246
IRS990EZ/FundraisingGrossIncomeAmt075254
IRS990EZ/GrantsAndSimilarAmountsPaidAmt064060
IRS990EZ/GrossReceiptsAmt075254
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt065310
IRS990EZ/NetAssetsOrFundBalancesEOYAmt042246
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt065310
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt042246
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt05.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0GREGORY TOSKOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1BRAD DAYSPRING
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JOHN KENNEDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherExpensesTotalAmt0884
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROVIDE TUITION ASSISTANCE TO DON BOSCO
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0TUTION ASSISTANCE TO PRIVATE SCHOOL STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt064060
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt032599
IRS990EZ/SpecialEventsNetIncomeLossAmt042655
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt065719
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt042655
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt040945
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt08000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt037774
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt035430
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0122149
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt075254
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt034907
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt05000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt07100
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0122261
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0244410
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt075254
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt040945
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt042907
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt042774
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt042530
IRS990ScheduleA/Total509Grp/TotalAmt0244410
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt075254
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt040945
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt042907
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt042774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt042530
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0244410
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt032599
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent2Amt09696
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt09696
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0CIGAR OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt055524
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt013046
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt068570
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt055524
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt013046
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt068570
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt035971
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt07578
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt04228
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt03350
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt015325
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt015325
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedStatesCd0NJ
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ACTIVITY SCHOLARSHIP GRANTEE KRIS KRUMMINS STREET 492 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 15,910ACTIVITY SCHOLARSHIP GRANTEE JEREMY GAGNON STREET 496 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 10,300ACTIVITY SCHOLARSHIP GRANTEE DEAN TOSKOS STREET 492 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP SON OF TRUSTEE AMOUNT 5,000ACTIVITY SCHOLARSHIP STREET 492 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 32,850
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION AMOUNTBANK FEES 144REGISTRATION FEE 60ADVERTISING 500OTHER EXPENSES 180
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0List of grants and similar amounts paid Part I line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Description of other expenses Part I line 16
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd000
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GREGORY TOSKOS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02013524437
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0TK SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt0TKSC
ReturnHeader/Filer/EIN0474842334
ReturnHeader/Filer/USAddress/AddressLine1Txt010 PONDS WAY
ReturnHeader/Filer/USAddress/CityNm0OAKLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007436
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0030489009
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0GEORGE KASSAB CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0ONE LIBRARY WAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0ORADELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007649
ReturnHeader/PreparerPersonGrp/PhoneNum02012657977
ReturnHeader/PreparerPersonGrp/PreparationDt02022-06-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NADINE M PITCHER
ReturnHeader/ReturnTs02022-06-13T13:08:14-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0GREGORY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TOSKOS
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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