Sba Scholarship Fund is located in New York, NY. The organization was established in 2008. 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. Sba 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 06/2022, Sba Scholarship Fund generated $79.8k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.0% each year . All expenses for the organization totaled $60.2k during the year ending 06/2022. While expenses have increased by 2.3% per year over the past 7 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO PROVIDE FINANCIAL ASSISTANCE IN THE FORM OF SCHOLARSHIPS TO ELIGIBLE DEPENDENTS OF ACTIVE AND RETIRED NYC POLICE OFFICERS WHO ATTAINED THE RANK OF SERGEANT
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Vincent Vallelong Trustee | 2 | $0 | |
Paul Capotosto Trustee | 2 | $0 | |
Anthony Borelli Trustee | 2 | $0 | |
Vincent Guida Trustee | 2 | $0 | |
Edmund Small Trustee | 2 | $0 | |
Michael Peruggia Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $93,512 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$13,681 |
Other Revenue | $0 |
Total Revenue | $79,831 |
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 | $0 |
Other expenses | $7,686 |
Total expenses | $60,186 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $197,457 |
Other assets | $0 |
Total assets | $224,075 |
Total liabilities | $46,579 |
Net assets or fund balances | $177,496 |