Joseph Ferriso Memorial Scholarship Fund Inc
- Assets
- $146.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Copiague, NY
- Founding
- 07/2016
- Data as of
- 12/2021
- EIN
- 81-0828304
Organization Overview
Joseph Ferriso Memorial Scholarship Fund Inc is located in Copiague, NY. The organization was established in 2016. 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. Joseph Ferriso 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, Joseph Ferriso Memorial Scholarship Fund Inc generated $72.9k in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $55.0k 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
THE ORGANIZATION WAS CREATED TO PROVIDE FUNDS TO LOCAL CHARITABLE ORGANIZATIONS IN THE COMMUNITY AND STATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alfred Ferriso President | 2 | $0 | |
Debra Ferriso Vice President | 2 | $0 | |
Michael Greb Treasurer | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $72,882 |
| 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 | $72,882 |
| 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 | $250 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $54,701 |
| Total expenses | $54,951 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $146,831 |
| Other assets | $0 |
| Total assets | $146,831 |
| Total liabilities | $0 |
| Net assets or fund balances | $146,831 |
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