Florence & Julian Rappaport Scholarship Tr
- Assets
- $165.7k
- Revenue
- $11.2k
- Investments
- $162.8k
- Employees
- 0
- Location
- Amherst, NY
- Founding
- 03/2000
- Data as of
- 05/2024
- EIN
- 25-6574160
Organization Overview
Florence & Julian Rappaport Scholarship Tr is located in Amherst, NY. The organization was established in 2000. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florence & Julian Rappaport Scholarship Tr 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 05/2024, Florence & Julian Rappaport Scholarship Tr generated $11.2k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 13.1% each year . All expenses for the organization totaled $20.6k during the year ending 05/2024. While expenses have increased by 3.9% per year over the past 5 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Corp Ttee | 1 | $6,000 | |
Bishop Of Diocese Of Harrisburg Selection Committee | 1 | $0 | |
Principal York Catholic Hs Selection Committee | 1 | $0 | |
John Kennedy Selection Committee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $269 |
| Dividends & Interest | $4,653 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $6,291 |
| Capital Gain Net Income | $6,291 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $16 |
| Total Revenue | $11,229 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $6,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $105 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $7,605 |
| Contributions, gifts, grants paid | $13,000 |
| Total expenses and disbursements | $20,605 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,942 |
| 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 | $162,785 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $165,727 |
| 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 |