Mayor E Donald Conroy Scholarship Fund Inc is located in Babylon, NY. The organization was established in 2004. 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. Mayor E Donald Conroy Scholarship Fund 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 07/2023, Mayor E Donald Conroy Scholarship Fund Inc generated $7.3k 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 (8.4%) each year. All expenses for the organization totaled $15.1k during the year ending 07/2023. As we would expect to see with falling revenues, expenses have declined by (4.3%) per year over the past 8 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
ANNUAL SCHOLARSHIPS IN MEMORY OF FORMER MAYOR DONALD E. CONROY INCLUDING RELATED EXPENSES OF $279
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Smith Board Member | 0 | $0 | |
Margaret Anderson Board Member | 0 | $0 | |
Donna Consola Board Member | 0 | $0 | |
Kevin Muldowney Board Member | 0 | $0 | |
Dina Vagelatos Board Member | 0 | $0 | |
Dr Bruce Zappia Chairman | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $951 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $6,385 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $7,336 |
| 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 | $1,950 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $49 |
| Other expenses | $3,085 |
| Total expenses | $15,084 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $99,562 |
| Other assets | $0 |
| Total assets | $112,676 |
| Total liabilities | $0 |
| Net assets or fund balances | $112,676 |