New Jersey Scholars Program Inc
- Assets
- $368.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrenceville, NJ
- Founding
- 04/1996
- Data as of
- 08/2023
- EIN
- 22-3407230
Organization Overview
New Jersey Scholars Program Inc is located in Lawrenceville, NJ. The organization was established in 1996. 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. New Jersey Scholars Program 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 08/2023, New Jersey Scholars Program Inc generated $160.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $150.0k during the year ending 08/2023. 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
SUMMER ACADEMIC PROGRAM HONORING 39 OUTSTANDING HIGH SCHOOL JUNIORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Barnard Director | 10 | $10,000 | |
Catherine Morgan Program Administrator | 15 | $21,808 | |
J Leonard Teti II President | 2 | $0 | |
Adam Offenhartz Vice-President | 1 | $0 | |
Heidi Dreyfuss Treasurer | 2 | $0 | |
Kenneth C Abbott Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $146,837 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $13,597 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $160,434 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $83,651 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $640 |
| Printing, publications, postage, and shipping | $2,530 |
| Other expenses | $63,152 |
| Total expenses | $149,973 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $367,391 |
| Other assets | $0 |
| Total assets | $368,368 |
| Total liabilities | $42,296 |
| Net assets or fund balances | $326,072 |