Island Scholars Inc
- Assets
- $69.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lawrenceville, NJ
- Founding
- 08/2014
- Data as of
- 12/2021
- EIN
- 46-4892849
Organization Overview
Island Scholars Inc is located in Lawrenceville, NJ. The organization was established in 2014. According to its NTEE Classification (B84) the organization is classified as: Alumni Associations, 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. Island Scholars 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 12/2021, Island Scholars Inc generated $77.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (3.3%) each year. All expenses for the organization totaled $77.8k 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
AWARDED SCHOLARSHIPS TO STUDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Rose President | 20 | $0 | |
Bert Williams Vice President | 0.5 | $0 | |
Dr Tera Hunter Secretary | 0.5 | $0 | |
Christina Shu Director | 0.5 | $0 | |
Verna Greer Director | 0.5 | $0 | |
Dr Lefluer Stephens-Dougan Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,930 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $77,930 |
| 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 | $70 |
| Other expenses | $77,734 |
| Total expenses | $77,804 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $69,405 |
| Other assets | $0 |
| Total assets | $69,405 |
| Total liabilities | $0 |
| Net assets or fund balances | $69,405 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Island Scholars Inc has recieved totaling $5,832.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $5,832 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Penn State Alumni Association University Park, PA | $100,014,631 | $13,658,978 |
Baseball Assistance Team Inc New York, NY | $16,328,027 | $4,707,517 |
United States Merchant Marine Academy Alumni Association And Fou Kings Point, NY | $55,826,934 | $8,053,233 |
Alumni Association Of New Jersey Institute Of Technology Paramus, NJ | $0 | $306,119 |
Alumni Of The Rabbinical College Knesseth Israel Of Slabodka Kowno Brooklyn, NY | $341,064 | $3,063,744 |
The Bronx High School Of Science Alumni Foundation Inc Bronx, NY | $31,172,697 | $12,367,161 |
Bernard M Baruch College Association Inc New York, NY | $9,740,278 | $4,039,630 |
Seoul National University Foundation Inc Fort Lee, NJ | $6,845,557 | $3,716,699 |
Syracuse Health Science Center Medical Alumni Foundation Inc Syracuse, NY | $50,640,765 | $25,764,011 |
Thaddeus Stevens Foundation Lancaster, PA | $7,318,571 | $3,742,597 |
Rowan University Alumni Association Glassboro, NJ | $0 | $183,589 |
Alumni Of The State Univ Of Ny Agri & Tech College At Cobleskill Cobleskill, NY | $10,808,498 | $1,450,996 |