Scholarship Trust Fund Of The Womans Club Of Ridgewood N J
- Assets
- $568.2k
- Revenue
- $11.0k
- Investments
- $511.8k
- Employees
- 0
- Location
- Ridgewood, NJ
- Founding
- 11/1972
- Data as of
- 04/2024
- EIN
- 22-6042515
Organization Overview
Scholarship Trust Fund Of The Womans Club Of Ridgewood N J is located in Ridgewood, NJ. The organization was established in 1972. 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. Scholarship Trust Fund Of The Womans Club Of Ridgewood N J 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 04/2024, Scholarship Trust Fund Of The Womans Club Of Ridgewood N J generated $11.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (9.5%) each year. All expenses for the organization totaled $24.2k during the year ending 04/2024. As we would expect to see with falling revenues, expenses have declined by (3.4%) per year over the past 8 years. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO AWARD SCHOLARSHIPS BASED UPON ACHIEVEMENTS AND NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIP PROGRAMS - APPLICANTS SELECTED BY COMITTEE BASED UPON ACHIEVEMENTS AND NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Samantha Bajraktari Chairwoman | 1 | $0 | |
Leila Kamel Treasurer | 1 | $0 | |
Andrea Rademacher Publicity | 1 | $0 | |
Heather Vimba Rec. Secretary | 1 | $0 | |
Mary Ellis Corr Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $6,009 |
| Interest on Savings | $1,068 |
| Dividends & Interest | $15,182 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$11,219 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $11,040 |
| 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 | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,291 |
| Total operating and administrative expenses | $5,841 |
| Contributions, gifts, grants paid | $18,400 |
| Total expenses and disbursements | $24,241 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $41,044 |
| Savings and temporary cash investments | $15,394 |
| 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 | $511,790 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $568,228 |
| 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 |