Bensalem Alumni Association Inc
- Assets
- $189.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bensalem, PA
- Founding
- 08/2006
- Data as of
- 12/2018
- EIN
- 65-1260081
Organization Overview
Bensalem Alumni Association Inc is located in Bensalem, PA. The organization was established in 2006. 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. Bensalem Alumni Association Inc 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 12/2018, Bensalem Alumni Association Inc generated $23.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $25.1k during the year ending 12/2018. While expenses have increased by 0.5% per year over the past 4 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
2018
Describe the Organization's Program Activity:
Part 3
PROVIDED NINE 1500 SCHOLARSHIPS TO STUDENTS FOR COLLEGE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Wayne Lewis Treasurer | 2 | $0 | |
John Paone Secretary | 2 | $0 | |
Ray Guim President | 5 | $0 | |
Merrit Lawrence Silcox Board | 0 | $0 | |
Linda Pannuccio Vice President | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $15,917 |
| Total Program Service Revenue | $0 |
| Membership dues | $2,988 |
| Investment income | $2,523 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $932 |
| Other Revenue | $848 |
| Total Revenue | $23,208 |
| 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 | $350 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6,606 |
| Other expenses | $4,685 |
| Total expenses | $25,141 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $189,838 |
| Other assets | $0 |
| Total assets | $189,838 |
| Total liabilities | $0 |
| Net assets or fund balances | $189,838 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bensalem Alumni Association Inc has recieved totaling $5,000.
| Awarding Organization | Amount |
|---|---|
Albert W Bader Foundation Inc Philadelphia, PA PURPOSE: TOWNSHIP HIGH SCHOOL SCHOLARSHIP FUND | $5,000 |
Peer Organizations
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|---|---|---|
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The Teagle Foundation Incorporated New York, NY | $172,379,349 | $12,655,674 |
Jackie Robinson Foundation Inc New York, NY | $30,161,175 | $8,662,334 |
Gilder Lehrman Institute Of American History New York, NY | $67,600,972 | $8,993,543 |
Siemens Foundation Iselin, NJ | $75,710,306 | $10,400,455 |
East Side Charter School Of Wilmington Inc Wilmington, DE | $9,042,787 | $7,810,738 |
Target Als Foundation Inc New York, NY | $26,527,264 | $6,977,665 |
Pursuit Transformation Company Inc Long Island City, NY | $13,294,970 | $6,856,404 |
Firemens Association Of The State New York Foundation Inc Albany, NY | $161,398,482 | $10,617,589 |
Morgan Stanley Foundation Inc New York, NY | $117,614,938 | $39,846,453 |
Brooklyn College Foundation Inc Brooklyn, NY | $101,301,645 | $6,939,639 |
The One Love Foundation In Honor Of Yeardley Love Inc Bronxville, NY | $10,162,225 | $8,418,764 |