Tk Scholarship Fund

990EZ • Fiscal year 2023 • EIN 47-4842334

Jan 01, 2023 to Dec 31, 2023 • Filed on May 06, 2024

Organization Profile

10 Ponds 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.

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

0.00x

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

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

-19%

Higher net margin than 25% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

Higher top officer pay than 95% of similar nonprofits.

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

2023 filings • NTEE B82 • <$500k nonprofits • Source year 2023

-16%

Faster asset growth than 19% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Annualized from 2022 to 2023

-39%

Faster revenue growth than 22% of similar nonprofits.

2023 filings • NTEE B82 • <$500k nonprofits • Annualized from 2022 to 2023

Balance Sheet

Liabilities / Assets76th percentile

Assets

Flat

$89,538

Flat from 2023

Net Assets

$89,538

No earlier filing loaded for comparison.

Liabilities

Flat

Flat from 2023

Revenue And Expenses

Liabilities / Revenue76th percentile Net Margin25th percentile

Revenue

Flat

$86,398

Flat from 2023

Expenses

Flat

$103,096

Flat from 2023

Net Income

Flat

-$16,698

Flat from 2023

Historical Trend

Balance Sheet Trend

Asset Growth19th percentile

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

Highlighted filing

2023

Assets$89,538

Liabilities$0

Net Assets$89,538

Open 2023 Filing

Operations Trend

Revenue Growth22nd percentile

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

Highlighted filing

2023

Revenue$86,398

Expenses$103,096

Net Income-$16,698

Open 2023 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2023 to Dec 31, 2023
Signed: May 6, 2024
Return Version: 2023v5.0
Gross Receipts: $123,559

Mission and Program Overview

Mission

Provide tuition assistance to don bosco

Program Services

Description	Grants	Expenses
TUTION ASSISTANCE TO PRIVATE SCHOOL STUDENTS	-	-

Compensation and Service Providers

Top Officer Pay95th 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 Outing	-	-	-	-
Golf Outing	-	-	-	-

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: 2024-05-06
Discuss with paid preparer: No

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 frantisek netusil street 492 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 16,200activity scholarship grantee james tarabocchia street 496 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 5,000activity scholarship grantee brayden scali street 492 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 9,200activity scholarship grantee dallas potter street 492 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 7,500activity scholarship grantee brock potter street 496 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 7,500activity scholarship grantee brooks armstrong street 496 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 7,000activity scholarship grantee nikita bogatyrev street 496 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 6,000activity scholarship grantee marcello signorastri street 496 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 5,000activity scholarship grantee all others street 496 n franklin tpke city, state, zip ramsey, nj 07446relationship none amount 35,504”

Description of other expenses Part I line 16

“Description amounthats 1,700advertising 1,500bank fees 92”

Raw XML Appendix153 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	10 PONDS WAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	OAKLAND
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	07436
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	106236
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	89538
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	9660
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-16698
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	900
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	106236
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	89538
IRS990EZ/FundraisingGrossIncomeAmt	0	113899
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	98904
IRS990EZ/GrossReceiptsAmt	0	123559
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/LandAndBuildingsGrp/BOYAmt	0	0
IRS990EZ/LandAndBuildingsGrp/EOYAmt	0	0
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	106236
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	89538
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	106236
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	89538
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/OrganizationHadUBIInd	0	false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt	0	0
IRS990EZ/OtherAssetsTotalDetail/EOYAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	3292
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 PRIVATE SCHOOL STUDENTS
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SpecialEventsDirectExpensesAmt	0	37161
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	76738
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	103096
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	86398
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	9660
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	37430
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	40945
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	8000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	96035
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	113899
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	135366
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	75254
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	34907
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	359426
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportPY509Pct	0	1.00000
IRS990ScheduleA/PublicSupportTotal509Amt	0	455461
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	123559
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	172796
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	75254
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	40945
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	42907
IRS990ScheduleA/Total509Grp/TotalAmt	0	455461
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	123559
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	172796
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	75254
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	40945
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	42907
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	455461
IRS990ScheduleG/AgrmtProfFundraisingActyInd	0	false
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm	0	GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm	0	CIGAR OUTING
IRS990ScheduleG/InPersonSolicitationsInd	0	X
IRS990ScheduleG/LicensedStatesCd	0	NJ
IRS990ScheduleG/SpecialFundraisingEventsInd	0	X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	ACTIVITY SCHOLARSHIP GRANTEE FRANTISEK NETUSIL STREET 492 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 16,200ACTIVITY SCHOLARSHIP GRANTEE JAMES TARABOCCHIA STREET 496 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 5,000ACTIVITY SCHOLARSHIP GRANTEE BRAYDEN SCALI STREET 492 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 9,200ACTIVITY SCHOLARSHIP GRANTEE DALLAS POTTER STREET 492 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 7,500ACTIVITY SCHOLARSHIP GRANTEE BROCK POTTER STREET 496 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 7,500ACTIVITY SCHOLARSHIP GRANTEE BROOKS ARMSTRONG STREET 496 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 7,000ACTIVITY SCHOLARSHIP GRANTEE NIKITA BOGATYREV STREET 496 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 6,000ACTIVITY SCHOLARSHIP GRANTEE MARCELLO SIGNORASTRI STREET 496 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 5,000ACTIVITY SCHOLARSHIP GRANTEE ALL OTHERS STREET 496 N FRANKLIN TPKE CITY, STATE, ZIP RAMSEY, NJ 07446RELATIONSHIP NONE AMOUNT 35,504
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	DESCRIPTION AMOUNTHATS 1,700ADVERTISING 1,500BANK FEES 92
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd	0	AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd	0	IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/OOBSecurityVerificationCd	0	00
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd	0	2
ReturnHeader/BuildTS	0	2023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	false
ReturnHeader/BusinessOfficerGrp/PersonNm	0	GREGORY TOSKOS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	2013524437
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2024-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	TK SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt	0	TKSC
ReturnHeader/Filer/EIN	0	474842334
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	10 PONDS WAY
ReturnHeader/Filer/USAddress/CityNm	0	OAKLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	NJ
ReturnHeader/Filer/USAddress/ZIPCd	0	07436
ReturnHeader/IRSResponsiblePrtyInfoCurrInd	0	true
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	2024-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	NADINE M PITCHER
ReturnHeader/ReturnTs	0	2024-05-07T13:01:41-04:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm	0	GREGORY
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm	0	TOSKOS
ReturnHeader/TaxPeriodBeginDt	0	2023-01-01
ReturnHeader/TaxPeriodEndDt	0	2023-12-31
ReturnHeader/TaxYr	0	2023

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2023 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $89,538
Liabilities: $0
Net assets: $89,538
Revenue: $86,398
Expenses: $103,096
Net income: -$16,698

	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
2023Detailed filing. Detailed filing data is available for this year.	$0.90	$0.00	$0.90	$0.86	$1.03	$0.17
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