Alpha Psi Of Chi Psi Educational Trust
- Assets
- $425.0k
- Revenue
- $27.1k
- Investments
- $258.5k
- Employees
- 0
- Location
- Ithaca, NY
- Founding
- 06/1959
- Data as of
- 05/2022
- EIN
- 15-6021424
Organization Overview
Alpha Psi Of Chi Psi Educational Trust is located in Ithaca, NY. The organization was established in 1959. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Alpha Psi Of Chi Psi Educational Trust 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 05/2022, Alpha Psi Of Chi Psi Educational Trust generated $27.1k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $28.1k during the year ending 05/2022. While expenses have increased by 14.0% per year over the past 6 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
EDUCATIONAL GRANTS TO INDIVIDUALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alex Perez Treasurer | 0.5 | $0 | |
Chris Crooker Trustee | 0.5 | $0 | |
Charlie Schlumberger Trustee | 0.5 | $0 | |
Jeffrey Brown Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $15,900 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,019 |
| 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 | $3,187 |
| Total Revenue | $27,106 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $300 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $400 |
| Total operating and administrative expenses | $2,354 |
| Contributions, gifts, grants paid | $25,750 |
| Total expenses and disbursements | $28,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $100,469 |
| Savings and temporary cash investments | $0 |
| 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 | $258,482 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $66,055 |
| Total assets | $425,006 |
| 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, Alpha Psi Of Chi Psi Educational Trust has awarded $25,750 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
MASSIMO CARBONE PURPOSE: EDUCATIONAL PURPOSES. | $3,000 |
MAX RINGER PURPOSE: EDUCATIONAL PURPOSES. | $3,000 |
ITAI MUPANDUKI PURPOSE: EDUCATIONAL PURPOSES. | $3,000 |
JEREMY HERRING PURPOSE: EDUCATIONAL PURPOSES. | $1,750 |
STEFAN BRECHTER PURPOSE: EDUCATIONAL PURPOSES. | $1,750 |
GEORGE BRICKER PURPOSE: EDUCATIONAL PURPOSES. | $1,750 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Alpha Psi Of Chi Psi Educational Trust has recieved totaling $250.
| Awarding Organization | Amount |
|---|---|
Brame Foundation Inc Naples, FL PURPOSE: EDUCATION | $250 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University At Albany Foundation Albany, NY | $129,210,800 | $17,198,773 |
Trustees Of The Public Library Of The City Of Boston Boston, MA | $99,754,907 | $16,249,859 |
Lord Foundation Of Massachusetts Inc Cambridge, MA | $0 | $665,000 |
Queens College Foundation Inc Flushing, NY | $103,882,868 | $13,972,395 |
Threefold Educational Foundation & School Chestnut Ridge, NY | $15,163,557 | $9,817,859 |
New Jersey Institute Of Technology Foundation Newark, NJ | $177,817,526 | $21,630,945 |
Global Community Charter School New York, NY | $4,753,919 | $12,397,044 |
Doctors Center Management Corporation Oceanport, NJ | $41,567 | $8,892,194 |
English-Bonter-Mitchell Foundation Pittsburgh, PA | $150,419,755 | $42,613,149 |
Mit International Inc Cambridge, MA | $42,886,000 | $6,428,000 |
Friends Of Team Academy Charter School A New Jersey Non-Profit Org Newark, NJ | $241,241,974 | $11,734,420 |
Montclair State University Foundation Inc Montclair, NJ | $109,561,235 | $13,284,004 |