Delta Sigma Delta Educational Foundation Inc
- Assets
- $1.1m
- Revenue
- $32.9k
- Investments
- $661.2k
- Employees
- 0
- Location
- Katonah, NY
- Founding
- 06/1955
- Data as of
- 06/2021
- EIN
- 38-6089377
Organization Overview
Delta Sigma Delta Educational Foundation Inc is located in Katonah, NY. The organization was established in 1955. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, 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. Delta Sigma Delta Educational Foundation 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 06/2021, Delta Sigma Delta Educational Foundation Inc generated $32.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (19.0%) each year. All expenses for the organization totaled $22.8k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (10.8%) per year over the past 5 years. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
ISSUING GRANTS AND STUDENT LOANS TO DENTAL STUDENTS. ON JUNE 30, 2021 THERE WERE 50 LOANS OUTSTANDING AND THERE WAS A TOTAL OF $20,000 IN NEW LOANS ISSUED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cy Tenn Vice President | 1 | $0 | |
Gary H Westerman President | 1 | $0 | |
Robert Karsten Secretary-Treasurer | 1 | $0 | |
Rocco Ciccone Trustee | 1 | $0 | |
Greg Ganzkow Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,207 |
| Interest on Savings | $1 |
| Dividends & Interest | $5,759 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,631 |
| Capital Gain Net Income | $4,631 |
| Net ST Capital Gain | $4,631 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $20,274 |
| Total Revenue | $32,872 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| 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 | $354 |
| Other expenses | $10,862 |
| Total operating and administrative expenses | $19,826 |
| Contributions, gifts, grants paid | $3,000 |
| Total expenses and disbursements | $22,826 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $120,763 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $286,907 |
| 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 | $661,194 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,068,864 |
| 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, Delta Sigma Delta Educational Foundation Inc has awarded $18,116 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
SCOTT CANNON PURPOSE: GORDON WHITE AWARD | $3,325 |
MEGAN YAMAGUCHI PURPOSE: ARM STUDENT TRAINING | $2,900 |
MICHAEL LE PURPOSE: ARM STUDENT TRAINING | $2,400 |
DELTA SIGMA DELTA - USC DELTA SIGMA DELTA ARM EAST REGION PURPOSE: HOST CHAPTER GRANT | $2,250 |
DELTA SIGMA DELTA - ALPHA OMICRON CHAPTER - MIDEASTERN ARM PURPOSE: HOST CHAPTER GRANT | $2,100 |
JOONHO PHIYO PURPOSE: ARM STUDENT TRAINING | $1,400 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University At Albany Foundation Albany, NY | $129,210,800 | $17,198,773 |
Trustees Of The Public Library Of The City Of Boston Boston, MA | $99,754,907 | $16,249,859 |
Lord Foundation Of Massachusetts Inc Cambridge, MA | $0 | $665,000 |
Queens College Foundation Inc Flushing, NY | $103,882,868 | $13,972,395 |
Threefold Educational Foundation & School Chestnut Ridge, NY | $15,163,557 | $9,817,859 |
New Jersey Institute Of Technology Foundation Newark, NJ | $177,817,526 | $21,630,945 |
Global Community Charter School New York, NY | $4,753,919 | $12,397,044 |
Doctors Center Management Corporation Oceanport, NJ | $41,567 | $8,892,194 |
English-Bonter-Mitchell Foundation Pittsburgh, PA | $150,419,755 | $42,613,149 |
Mit International Inc Cambridge, MA | $42,886,000 | $6,428,000 |
Friends Of Team Academy Charter School A New Jersey Non-Profit Org Newark, NJ | $241,241,974 | $11,734,420 |
Montclair State University Foundation Inc Montclair, NJ | $109,561,235 | $13,284,004 |