Scalp & Blade Scholarship Trust
- Assets
- $386.8k
- Revenue
- $24.6k
- Investments
- $379.0k
- Employees
- 0
- Location
- Amherst, NY
- Founding
- 12/1972
- Data as of
- 12/2022
- EIN
- 16-6020842
Organization Overview
Scalp & Blade Scholarship Trust is located in Amherst, NY. The organization was established in 1972. 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. Scalp & Blade Scholarship Trust 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 12/2022, Scalp & Blade Scholarship Trust generated $24.6k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $31.2k during the year ending 12/2022. While expenses have increased by 2.9% per year over the past 6 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.
Since 2016, Scalp & Blade Scholarship Trust has awarded 56 individual grants totaling $124,625. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,650 |
| Interest on Savings | $0 |
| Dividends & Interest | $8,742 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $10,184 |
| Capital Gain Net Income | $10,184 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $24,576 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $4,761 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,042 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,603 |
| Total operating and administrative expenses | $9,406 |
| Contributions, gifts, grants paid | $21,796 |
| Total expenses and disbursements | $31,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $397 |
| Savings and temporary cash investments | $7,395 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $386,751 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Scalp & Blade Scholarship Trust has awarded $21,796 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
ERIC SCALISE PURPOSE: SCHOLARSHIP | $2,250 |
JARRET WOLF PURPOSE: SCHOLARSHIP | $3,500 |
JUSTIN CWIKLINSKI PURPOSE: SCHOLARSHIP | $2,250 |
PHILLIP CECCARELLI PURPOSE: SCHOLARSHIP | $2,250 |
BRENNAN WEPPNER PURPOSE: SCHOLARSHIP | $3,500 |
RYAN PINZEL PURPOSE: SCHOLARSHIP | $2,250 |