Peter T Milano Scholarship Fund
- Assets
- $107.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Yardley, PA
- Founding
- 03/2006
- Data as of
- 12/2021
- EIN
- 22-3844186
Organization Overview
Peter T Milano Scholarship Fund is located in Yardley, 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. Peter T Milano Scholarship Fund 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, Peter T Milano Scholarship Fund generated $26.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $15.4k during the year ending 12/2021. 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
SCHOLARSHIPS ARE PROVIDED TO DESERVING STUDENTS AT THE HIGH SCHOOL AND COLLEGE LEVEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Danny A Desimone Treasurer | 2 | $0 | |
John Holly Trustee | 1 | $0 | |
John C Silano President | 1 | $0 | |
Kathleen Sidoti Trustee | 1 | $0 | |
Patricia Milano Director | 2 | $0 | |
Declan Cassidy Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $2,898 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $23,859 |
| Other Revenue | $0 |
| Total Revenue | $26,757 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $2,447 |
| Total expenses | $15,447 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $106,387 |
| Other assets | $0 |
| Total assets | $107,387 |
| Total liabilities | $0 |
| Net assets or fund balances | $107,387 |
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