Adam J Cirillo Scholarship Foundation
- Assets
- $618.0k
- Revenue
- $101.6k
- Investments
- $333.5k
- Employees
- 0
- Location
- Staten Island, NY
- Founding
- 08/1996
- Data as of
- 12/2021
- EIN
- 13-3844881
Organization Overview
Adam J Cirillo Scholarship Foundation is located in Staten Island, NY. The organization was established in 1996. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adam J Cirillo Scholarship Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Adam J Cirillo Scholarship Foundation generated $101.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.6% each year. All expenses for the organization totaled $116.5k during the year ending 12/2021. While expenses have increased by 12.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Adam J Cirillo Scholarship Foundation has awarded 29 individual grants totaling $204,804. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $57,810 |
| Interest on Savings | $206 |
| Dividends & Interest | $37,606 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,026 |
| Total Revenue | $101,648 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $48,062 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $600 |
| Other expenses | $32,244 |
| Total operating and administrative expenses | $83,481 |
| Contributions, gifts, grants paid | $33,000 |
| Total expenses and disbursements | $116,481 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $152,685 |
| Savings and temporary cash investments | $131,814 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $618,012 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Adam J Cirillo Scholarship Foundation has awarded $33,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
PETER HENDERSON PURPOSE: SCHOLARSHIP | $14,000 |
SABASTIAN GARCIA VARGAS PURPOSE: SCHOLARSHIP | $7,000 |
KOBY LEE PURPOSE: SCHOLARSHIP | $6,000 |
NERDVENS MOREAU PURPOSE: SCHOLARSHIP | $6,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Adam J Cirillo Scholarship Foundation has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Schoenhut Family Foundation Inc Sag Harbor, NY PURPOSE: ASSIST THE ORGANIZATION IN ITS CHARITABLE PURPOSES | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
Massachusetts Higher Education Assistance Corporation Boston, MA | $1,090,709,677 | $124,087,298 |
Mastercard Impact Fund Purchase, NY | $207,268,769 | $96,050,288 |
Business Leadership Organized For Catholic Schools King Of Prussia, PA | $82,544,630 | $55,644,917 |
Central Pennsylvania Scholarship Fund Tyrone, PA | $42,508,819 | $45,167,381 |
Arcus Foundation New York, NY | $264,733,626 | $35,703,685 |
Edward P Evans Andover, MA | $242,161,195 | $13,916,833 |
The Childrens Scholarship Fund New York, NY | $36,136,002 | $24,710,520 |
Math For America Inc New York, NY | $15,709,494 | $20,036,646 |
Ja Worldwide Inc Boston, MA | $14,229,210 | $21,801,943 |
The Posse Foundation Inc New York, NY | $120,660,725 | $44,739,225 |
Inner-City Scholarship Fund Inc New York, NY | $115,829,957 | $24,751,034 |