Ftx Scholarship Fund Corp
- Assets
- $13.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Boca Raton, FL
- Founding
- 06/2018
- Data as of
- 12/2021
- EIN
- 83-0782549
Organization Overview
Ftx Scholarship Fund Corp is located in Boca Raton, FL. The organization was established in 2018. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ftx Scholarship Fund Corp 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, Ftx Scholarship Fund Corp generated $21.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 21.3% each year . All expenses for the organization totaled $11.8k during the year ending 12/2021. While expenses have increased by 16.5% per year over the past 3 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
THE FTX SCHOLARSHIP FUND WILL ALLOW THOSE IN RECOVERY WITH FINANCIALLY CHALLENGING CIRCUMSTANCES TO RECEIVE THE PHYSICAL INTERVENTIONS THEY NEED WITHOUT THE PERSONAL COST OR STRE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Seyed Khatami President | 0 | $0 | |
Octavio Cifuentes Treasurer | 0 | $0 | |
Douglas Cohen VP | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $11,756 |
| Total Program Service Revenue | $9,202 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $20,958 |
| 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 | $2,790 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $9,026 |
| Total expenses | $11,816 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $13,258 |
| Other assets | $0 |
| Total assets | $13,258 |
| Total liabilities | $0 |
| Net assets or fund balances | $13,258 |