Accnj Scholarship Foundation
- Assets
- $87.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Edison, NJ
- Founding
- 06/2011
- Data as of
- 12/2021
- EIN
- 26-1380270
Organization Overview
Accnj Scholarship Foundation is located in Edison, NJ. The organization was established in 2011. 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. Accnj 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, Accnj Scholarship Foundation generated $183.5k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.2% each year . All expenses for the organization totaled $178.8k during the year ending 12/2021. While expenses have increased by 17.1% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
PROVIDE SCHOLARSHIPS TO DEPEENDENTS OF MEMBERS OF THE ASSOCIATED CONSTRUCTION CONTRACTORS OF NEW JERSEY, AS WELL AS QUALIFIED ENGINEERING STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles Waters Trustee | 1 | $0 | |
Brendan Binder Trustee | 1 | $0 | |
Jack Kocsis Jr Trustee | 1 | $0 | |
Donald Waters Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $179,740 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,753 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $183,493 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $7,200 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $171,628 |
| Total expenses | $178,828 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $86,168 |
| Other assets | $0 |
| Total assets | $87,166 |
| Total liabilities | $0 |
| Net assets or fund balances | $87,166 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Accnj Scholarship Foundation has recieved totaling $7,500.
| Awarding Organization | Amount |
|---|---|
Drywall Contractors Association Inc Mount Laurel, NJ PURPOSE: 2021 CAREER DAY SPONSORSHIP FOR ACCNJ | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alfred P Sloan Foundation New York, NY | $2,105,880,634 | $192,527,982 |
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 |
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 |
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 |
Joan And Irwin Jacobs Technion-Cornell Innovation Instit New York, NY | $205,040,861 | $18,316,542 |
Tikvah Fund New York, NY | $103,047,859 | $6,270,985 |
Cigna Foundation Philadelphia, PA | $165,016,072 | $8,084,237 |