Anthony P Marotti Memorial Scholarship Fund Inc
- Assets
- $50.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- River Edge, NJ
- Founding
- 02/2004
- Data as of
- 12/2021
- EIN
- 55-0826971
Organization Overview
Anthony P Marotti Memorial Scholarship Fund Inc is located in River Edge, NJ. The organization was established in 2004. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., 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. Anthony P Marotti Memorial Scholarship Fund 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, Anthony P Marotti Memorial Scholarship Fund Inc generated $27.8k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $16.8k during the year ending 12/2021. While expenses have increased by 4.1% per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
AWARD TWO SCHOLARSHIPS TO HIGH SCHOOL SENIORS AND FUND VARIOUS YOUTH PROGRAMS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steven Thorne Chief Operating Officer | 2 | $0 | |
Leonard Smith Cfo, Secretary & Treasurer | 4 | $0 | |
Anthony Marotti III President, CEO & Chairman | 2 | $0 | |
Donald Fanelli Director | 1 | $0 | |
Rosario Giaritta Director | 1 | $0 | |
Michael Koth Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,179 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $8 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $26,600 |
| Other Revenue | $0 |
| Total Revenue | $27,787 |
| 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 | $2,288 |
| Printing, publications, postage, and shipping | $165 |
| Other expenses | $0 |
| Total expenses | $16,803 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $50,613 |
| Other assets | $0 |
| Total assets | $50,613 |
| Total liabilities | $0 |
| Net assets or fund balances | $50,613 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Anthony P Marotti Memorial Scholarship Fund Inc has recieved totaling $11,202.
| Awarding Organization | Amount |
|---|---|
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $5,601 |
Network For Good Inc Washington, DC PURPOSE: Unrestricted | $5,601 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mid-Hudson Valley Early Education Center Valhalla, NY | $6,537,521 | $8,697,326 |
Lehigh Valley Charter High School For The Arts Bethlehem, PA | $5,854,757 | $11,587,241 |
Potsdam Auxiliary & College Educational Services Inc Potsdam, NY | $4,868,988 | $9,108,311 |
Young Judaea Global Inc New York, NY | $6,685,322 | $8,298,645 |
Robert Benjamin Wiley Community Charter School Erie, PA | $5,943,995 | $8,110,042 |
Northside Charter High School Brooklyn, NY | $6,329,922 | $7,435,284 |
Solutions Journalism Network Inc New York, NY | $14,817,664 | $5,853,972 |
Teaching Matters Inc New York, NY | $19,609,038 | $14,154,579 |
The Leadership Academy Inc Long Island City, NY | $7,448,053 | $8,271,640 |
Midland School North Branch, NJ | $16,197,805 | $7,668,515 |
King Center Charter School Buffalo, NY | $8,970,236 | $7,640,622 |
Prizmah Center For Jewish Day Schools Inc New York, NY | $4,272,126 | $6,514,448 |