Joseph L Demarco Iii Golf Scholarship Memorial Fund

Organization Overview

Joseph L Demarco Iii Golf Scholarship Memorial Fund is located in Audubon, NJ. The organization was established in 2003. 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. Joseph L Demarco Iii Golf Scholarship Memorial Fund 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, Joseph L Demarco Iii Golf Scholarship Memorial Fund generated $46.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $26.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.1%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990EZ Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3

ANNUAL GOLF OUTING TO RAISE FUNDS FOR A COLLEGE SCHOLARSHIP AWARDED EACH YEARTO A SENIOR AT AUDUBON HIGH SCHOOL IN MEMORY OF ANOTHER AUDUBON STUDENTTHAT WAS KILLED IN A CAR ACCIDENT.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$20,680
Total Program Service Revenue$0
Membership dues$0
Investment income $14,799
Gain or Loss$0
Net Income from Gaming & Fundraising$11,033
Other Revenue$0
Total Revenue$46,512

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