Richard P Notari Sr Scholarship Fund
- Assets
- $132.3k
- Revenue
- $59.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Old Forge, PA
- Founding
- 05/2013
- Data as of
- 12/2023
- EIN
- 45-2518410
Organization Overview
Richard P Notari Sr Scholarship Fund is located in Old Forge, PA. The organization was established in 2013. 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. Richard P Notari Sr 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 12/2023, Richard P Notari Sr Scholarship Fund generated $59.4k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $45.6k during the year ending 12/2023. While expenses have increased by 3.3% per year over the past 9 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 |
|---|---|---|---|
Dr Robert J Notari President | 0.5 | $0 | |
Tim J Notari Vice President | 0.5 | $0 | |
Richard P Notari Jr Secretary | 0.5 | $0 | |
John P Argonish Treasurer | 0.5 | $0 | |
Mark Argonish Sergeant At Arm | 0.5 | $0 | |
Diane Notari Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $54,720 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,307 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,398 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $958 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $59,425 |
| 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 | $0 |
| Other expenses | $37,561 |
| Total operating and administrative expenses | $37,561 |
| Contributions, gifts, grants paid | $8,000 |
| Total expenses and disbursements | $45,561 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,431 |
| Savings and temporary cash investments | $121,824 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $132,255 |
| 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, Richard P Notari Sr Scholarship Fund has awarded $8,000 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
RYAN KISSOLOVEGE PURPOSE: TO FURNISH QUALIFYING STUDENTS WITH COLLEGE SCHOLARSHIPS | $1,500 |
EMMA AVERSA PURPOSE: TO FURNISH QUALIFYING STUDENTS WITH COLLEGE SCHOLARSHIPS | $1,250 |
BELLA NEE PURPOSE: TO FURNISH QUALIFYING STUDENTS WITH COLLEGE SCHOLARSHIPS | $1,250 |
ANTHONY COLE PURPOSE: TO FURNISH QUALIFYING STUDENTS WITH COLLEGE SCHOLARSHIPS | $1,250 |
ANDREW BARTNIKOWSKI PURPOSE: TO FURNISH QUALIFYING STUDENTS WITH COLLEGE SCHOLARSHIPS | $1,250 |
CELIA MAGNOTTA PURPOSE: TO FURNISH QUALIFYING STUDENTS WITH COLLEGE SCHOLARSHIPS | $1,500 |