Iupat Dc 711 Benevolent Scholarship Fund
- Assets
- $35.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Springfield, NJ
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 45-2442479
Organization Overview
Iupat Dc 711 Benevolent Scholarship Fund is located in Springfield, NJ. The organization was established in 2014. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iupat DC 711 Benevolent Scholarship 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 12/2023, Iupat DC 711 Benevolent Scholarship Fund generated $11.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $25.9k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (8.7%) per year over the past 5 years. 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
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE EDUCATIONAL SCHOLARSHIPS AND GRANTS TO THE CHILD OR CHILDREN OF MEMBERS OF THE DISTRICT COUNCIL NO. 711.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernard Snyder Jr Trustee | 1 | $0 | |
Robert Wood Trustee | 1 | $0 | |
John Marino Chairman | 1 | $0 | |
Vincent Lane P Trustee | 1 | $0 | |
David Rezes Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,890 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $9,503 |
| Other Revenue | $0 |
| Total Revenue | $11,398 |
| 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 | $498 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $367 |
| Total expenses | $25,865 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $34,981 |
| Other assets | $0 |
| Total assets | $34,981 |
| Total liabilities | $0 |
| Net assets or fund balances | $34,981 |