Akron Jewish Student Scholarship And Loan Fund
- Assets
- $248.3k
- Revenue
- $13.1k
- Investments
- $121.7k
- Employees
- 0
- Location
- Akron, OH
- Founding
- 01/1985
- Data as of
- 12/2023
- EIN
- 34-1454621
Organization Overview
Akron Jewish Student Scholarship And Loan Fund is located in Akron, OH. The organization was established in 1985. 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. Akron Jewish Student Scholarship And Loan 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 12/2023, Akron Jewish Student Scholarship And Loan Fund generated $13.1k in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $521.0 during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE LOANS TO COLLEGE STUDENTS BASED ON NEED AND APTITUDE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph S Kodish Chairman | 0 | $0 | |
Sheila Gottlieb Director | 1 | $216 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,661 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $7,986 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,500 |
| Total Revenue | $13,147 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $216 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $305 |
| Total operating and administrative expenses | $521 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $521 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $33,949 |
| 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 | $92,706 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $121,659 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $248,314 |
| 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, Akron Jewish Student Scholarship And Loan Fund has awarded $7,217 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
JOSHUA KOGAN PURPOSE: STUDENT LOAN FOR EDUCATION | $2,217 |
JEWISH COMMUNITY CENTER OF AKRON PURPOSE: DONATION FOR EDUCATION | $5,000 |