Liabilities / Assets
79th percentile
Tied with the lowest-debt nonprofits in its peer group.
Francis R Poling Sr Memorial Scholarship Inc
EIN 88-0669536 • 501(c)3 • Keyport, NJ
Profile
The scholarship: organized exclusively for charitable purposes that qualify as exempt under section 501(c)(3) of the internal revenue code, or the corresponding section of any future comparable federal tax code specifically, the scholarship shall work to provide charitable educational needs awarded to graduating students from the community of keyport/union beach, new jersey and keyport high school or any surviving educational entity. Not for profit: the memorial scholarship is an incorporated organization in the commonwealth of new jersey operating on a not-for-profit basis.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
79th percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
86th percentile
Higher net margin than 86% of similar nonprofits.
Top Officer Pay
97th percentile
Higher top officer pay than 97% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
77th percentile
Faster asset growth than 77% of similar nonprofits.
Revenue Growth
76th percentile
Faster revenue growth than 76% of similar nonprofits.
Balance Sheet
Assets
Up$51,433
Up $19,523 (+61%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$51,433
Up $19,523 (+61%) from 2023
Revenue
Up$29,737
Up $9,079 (+44%) from 2023
Expenses
Up$10,214
Up $5,181 (+103%) from 2023
Net Income
Up$19,523
Up $3,898 (+25%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $51,433
- Liabilities
- $0
- Net assets
- $51,433
- Revenue
- $29,737
- Expenses
- $10,214
- Net income
- $19,523
| Balance Sheet | Operations | |||||
|---|---|---|---|---|---|---|
| Year | Assets | Liabilities | Net Assets | Revenue | Expenses | Net Income |
| 2024Detailed filing. Detailed filing data is available for this year. | $51.4 | $0.00 | $51.4 | $29.7 | $10.2 | $19.5 |
| 2023Detailed filing. Detailed filing data is available for this year. | $31.9 | $0.00 | $31.9 | $20.7 | $5.03 | $15.6 |
| 2022Detailed filing. Detailed filing data is available for this year. | $16.3 | $0.00 | $16.3 | $18.8 | $2.54 | $16.3 |
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- May 15, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $39,839
Mission and Program Overview
Mission
The Scholarship: Organized exclusively for charitable purposes that qualify as exempt under section 501(c)(3) of the Internal Revenue Code, or the corresponding section of any future comparable federal tax code Specifically, the Scholarship shall work to provide charitable educational needs awarded to graduating students from the community of Keyport/Union Beach, New Jersey and Keyport High School or any surviving educational entity. Not for Profit: The Memorial Scholarship is an incorporated organization in the Commonwealth of New Jersey operating on a not-for-profit basis.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| THIS CHARITY PROVIDES FINANCIAL SUPPORT FOR THE RECIPIENTS FIRST SEMESTER OF COLLEGE. FUNDS WILL GO TOWARDS THE SEMESTER TUITION COSTS. THE COLLEGE CAN BE A COMMUNITY, JUNIOR, OR FOUR YEAR COLLEGE | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KURT J POLING | President | PT | $0 | - | - |
| FRANK POLING JR | Vice President | PT | $0 | - | - |
| LORETTA POLING-YOUNG | Treasurer | PT | $0 | - | - |
| BARBARA POLING | Secretary | PT | $0 | - | - |
| JASON GLEZMAN | Member | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Francis R Poling Sr Memorial Scholarship Inc
- EIN
- 88-0669536
- In Care Of
- % LORETTA POLING-YOUNG
- Phone
- 6104164151
- Address
- 20 SPRING STREET, KEYPORT, NJ 07735
Signing Officer
- Name
- Kurt Poling
- Title
- Officer
- Phone
- 6104164151
- Signed
- 2025-05-15
- Discuss with paid preparer
- Yes
Preparer
- Firm
- Withumsmithbrownpc
- Address
- 331 NEWMAN SPRINGS RD STE 125, RED BANK, NJ 07701-6765
- Phone
- 7328423113
Supplemental Narrative
Additional Explanations
Form 990EZ Part I Line 10
“Donees name:max fredericks grant amount:5181”
Form 990EZ Part I Line 16
“Description:ANNUAL REPORT FEE Amount:33”
Raw XML Appendix156 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 | LORETTA POLING-YOUNG |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 6104164151 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 20 SPRING STREET |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | KEYPORT |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NJ |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 07735 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 31910 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 51433 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 10900 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 19523 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 31910 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 51433 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 26892 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 0 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 10181 |
| IRS990EZ/GrossProfitLossSlsOfInvntryAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 39839 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2047 |
| 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 | 31910 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 51433 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 31910 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 51433 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 3 | 5.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 4 | 5.0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 4 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KURT J POLING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | FRANK POLING JR |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | LORETTA POLING-YOUNG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 3 | BARBARA POLING |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 4 | JASON GLEZMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 4 | MEMBER |
| 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 | 33 |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE SCHOLARSHIP: ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES THAT QUALIFY AS EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, OR THE CORRESPONDING SECTION OF ANY FUTURE COMPARABLE FEDERAL TAX CODE SPECIFICALLY, THE SCHOLARSHIP SHALL WORK TO PROVIDE CHARITABLE EDUCATIONAL NEEDS AWARDED TO GRADUATING STUDENTS FROM THE COMMUNITY OF KEYPORT/UNION BEACH, NEW JERSEY AND KEYPORT HIGH SCHOOL OR ANY SURVIVING EDUCATIONAL ENTITY. NOT FOR PROFIT: THE MEMORIAL SCHOLARSHIP IS AN INCORPORATED ORGANIZATION IN THE COMMONWEALTH OF NEW JERSEY OPERATING ON A NOT-FOR-PROFIT BASIS. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | THIS CHARITY PROVIDES FINANCIAL SUPPORT FOR THE RECIPIENTS FIRST SEMESTER OF COLLEGE. FUNDS WILL GO TOWARDS THE SEMESTER TUITION COSTS. THE COLLEGE CAN BE A COMMUNITY, JUNIOR, OR FOUR YEAR COLLEGE |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SalariesOtherCompEmplBnftAmt | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 10102 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 16790 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 10214 |
| IRS990EZ/TotalRevenueAmt | 0 | 29737 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990ScheduleA/First5Years170Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 1800 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 400 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 18800 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 21000 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 2047 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 1042 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 23 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 3112 |
| IRS990ScheduleA/OtherIncome170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 21000 |
| IRS990ScheduleA/SubstantialContributorsTotAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 1800 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 400 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 18800 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 0 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 21000 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 24112 |
| IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | DONEES NAME:MAX FREDERICKS GRANT AMOUNT:5181 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Description:ANNUAL REPORT FEE Amount:33 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990EZ PART I LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990EZ PART I LINE 16 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | KURT POLING |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | OFFICER |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6104164151 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | FRANCIS R POLING SR MEMORIAL SCHOLARSHIP INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | FRAN |
| ReturnHeader/Filer/EIN | 0 | 880669536 |
| ReturnHeader/Filer/InCareOfNm | 0 | % LORETTA POLING-YOUNG |
| ReturnHeader/Filer/PhoneNum | 0 | 6104164151 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 20 SPRING STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | KEYPORT |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 07735 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | WITHUMSMITHBROWNPC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 331 NEWMAN SPRINGS RD STE 125 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | RED BANK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NJ |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 077016765 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 7328423113 |
| ReturnHeader/ReturnTs | 0 | 2025-11-05T08:18:42-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
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