Greenwich Scholarship Association Inc
Greenwich, CT
| http://WWW.GREENWICHSCHOLARSHIP.ORG
Mission
PROVIDE NEED-BASED FINANCIAL ASSISTANCE FROM ITS OWN FUNDS AND VARIOUS SPONSORS TO GRADUATING GREENWICH STUDENTS FOR THE STUDENTS HIGHER EDUCATION.
Ruling year info
1997
Principal Officer
CATHERINE HOLDEN
Main address
PO Box 4627
Greenwich, CT 06831 United States
Contact Information
EIN
06-1467698
NTEE code info
Scholarships, Student Financial Aid, Awards (B82)
IRS subsection
501(c)(3) Public Charity
IRS filing requirement
This organization is required to file an IRS Form 990 or 990-EZ.
Tax forms
Download tax forms info
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Programs and results
What we aim to solve
Our programs
SOURCE: IRS Form 990
What are the organization's current programs, how do they measure success, and who do the programs serve?
Program 1
GREENWICH SCHOLARSHIP ASSOCIATION PROVIDES FINANCIAL ASSISTANCE FROM ITS OWN FUNDS AND VARIOUS SPONSORS TO APPROXIMATELY 100 HIGH SCHOOL SENIORS IN GREENWICH SCHOOLS FOR THE STUDENTS HIGHER EDUCATION.
Expenses
$602,236
Revenue
$0
Where we work
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Update NowFinancials
Greenwich Scholarship Association Inc
Fiscal year: Jul 01 - Jun 30
done
Yes, financials were audited by an independent accountant.
info
Revenue vs. expenses: breakdown
SOURCE: IRS Form 990
info
NET GAIN/LOSS:
in
Data not available
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.
Liquidity in 2023 info
SOURCE: IRS Form 990
7.67
Average of 5.56 over 10 years
Months of cash in 2023 info
SOURCE: IRS Form 990
14
Average of 16.1 over 10 years
Fringe rate in 2023 info
SOURCE: IRS Form 990
0%
Average of 0% over 10 years
Funding sources info
Source: IRS Form 990
Assets & liabilities info
Source: IRS Form 990
Financial data
SOURCE: IRS Form 990
Digitizing IRS form 990 data
Paid Preparer
Dylewsky, Goldberg & Brenner, LLC
30 Oak Street
Stamford, CT 06905
Tel: 203-975-8830
Paid Preparer
Dylewsky Goldberg & Brenner LLC
30 Oak Street
Stamford, CT 06905
Tel: 203-975-8830
Paid Preparer
Dylewsky Goldberg & Brenner LLC
EIN: 06-1325235
30 Oak Street
Stamford, CT 06905
Tel: 203-975-8830
Paid Preparer
Dylewsky Goldberg & Brenner LLC
EIN: 06-1325235
30 Oak Street
Stamford, CT 06905
Tel: 203-975-8830
Paid Preparer
Dylewsky Goldberg & Brenner LLC
EIN: 06-1325235
30 Oak Street
Stamford, CT 06905
Tel: 203-975-8830
Paid Preparer
Dylewsky Goldberg & Brenner LLC
EIN: 06-1325235
30 Oak Street
Stamford, CT 06905
Tel: 203-975-8830
Paid Preparer
Dylewsky Goldberg & Brenner LLC
EIN: 06-1325235
30 Oak Street
Stamford, CT 06905
Tel: 203-975-8830
Paid Preparer
Marks Paneth LLP
EIN: 11-3518842
30 Oak Street
Stamford, CT 06905
Tel: 203-975-8830
Paid Preparer
MARKS PANETH LLP
EIN: 11-3518842
4 MANHATTANVILLE ROAD
PURCHASE, NY 10577
Tel: 914-524-9000
Paid Preparer
SOLAKIAN AND COMPANY LLC
PO BOX 716
NORTH BRANFORD, CT 06471
Tel: 203-483-8115
Paid Preparer
SOLAKIAN AND COMPANY LLC
829 BAYSHORE BOULEVARD
TAMPA, FL 33606
Tel: 203-483-8115
Paid Preparer
SOLAKIAN & COMPANY LLC
580 JOHNS PASS AVENUE
MADEIRA BEACH, FL 33708
Tel: 203-215-6541
Paid Preparer
SOLAKIAN & COMPANY LLC
EIN: 46-1036695
580 JOHNS PASS AVENUE
MADEIRA BEACH, FL 33708
Tel: 203-215-6541
Paid Preparer
SOLAKIAN & COMPANY LLC
EIN: 46-1036695
580 JOHNS PASS AVENUE
MADEIRA BEACH, FL 33708
Tel: 203-215-6541
Greenwich Scholarship Association Inc
Revenue & expensesFiscal Year: Jul 01 - Jun 30
SOURCE: IRS Form 990 info
Fiscal year ending:
cloud_download
Download Data
2009
| Revenue | |
|---|---|
| Contributions | $607,267 |
| Program Services | $0 |
| Investments | $7,759 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $615,026 |
| Expenses | |
|---|---|
| Grants | $526,300 |
| Salaries & Employee Benefits | $0 |
| Professional Fees | $0 |
| Occupancy | $0 |
| Printing, Publications, Postage, etc. | $0 |
| Other Expenses | $8,323 |
| Total Expenses | $534,623 |
| Net Gain/Loss | $80,403 |
2010
| Revenue | |
|---|---|
| Contributions | $698,981 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $8,718 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $707,699 |
| Expenses | |
|---|---|
| Program Services | $554,971 |
| Administration | $0 |
| Fundraising | $0 |
| Total Expenses | $554,971 |
| Net Gain/Loss | $152,728 |
| Functional expenses | |
|---|---|
| Accounting Fees | $0 |
| Advertising & Promotion | $0 |
| Information Technology Expenses | $0 |
| Insurance Expenses | $0 |
| Interest Expenses | $0 |
| Investment Management Fees | $0 |
| Legal Fees | $0 |
| Pension Plan Contributions | $0 |
| Professional Fundraising Expenses | $0 |
2011
| Revenue | |
|---|---|
| Contributions | $618,169 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $27,380 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $645,549 |
| Expenses | |
|---|---|
| Program Services | $618,574 |
| Administration | $0 |
| Fundraising | $0 |
| Total Expenses | $618,574 |
| Net Gain/Loss | $26,975 |
| Functional expenses | |
|---|---|
| Accounting Fees | $0 |
| Advertising & Promotion | $0 |
| Information Technology Expenses | $0 |
| Insurance Expenses | $0 |
| Interest Expenses | $0 |
| Investment Management Fees | $0 |
| Legal Fees | $0 |
| Pension Plan Contributions | $0 |
| Professional Fundraising Expenses | $0 |
2012
| Revenue | |
|---|---|
| Contributions | $523,444 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $25,109 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $548,553 |
| Expenses | |
|---|---|
| Program Services | $493,531 |
| Administration | $1,854 |
| Fundraising | $0 |
| Total Expenses | $495,385 |
| Net Gain/Loss | $53,168 |
| Functional expenses | |
|---|---|
| Accounting Fees | $0 |
| Advertising & Promotion | $0 |
| Information Technology Expenses | $0 |
| Insurance Expenses | $0 |
| Interest Expenses | $0 |
| Investment Management Fees | $1,854 |
| Legal Fees | $0 |
| Pension Plan Contributions | $0 |
| Professional Fundraising Expenses | $0 |
2013
| Revenue | |
|---|---|
| Contributions | $577,549 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $46,678 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $624,227 |
| Expenses | |
|---|---|
| Program Services | $472,718 |
| Administration | $0 |
| Fundraising | $0 |
| Total Expenses | $472,718 |
| Net Gain/Loss | $151,509 |
| Functional expenses | |
|---|---|
| Accounting Fees | $0 |
| Advertising & Promotion | $0 |
| Information Technology Expenses | $0 |
| Insurance Expenses | $0 |
| Interest Expenses | $0 |
| Investment Management Fees | $1,999 |
| Legal Fees | $0 |
| Pension Plan Contributions | $0 |
| Professional Fundraising Expenses | $0 |
2014
| Revenue | |
|---|---|
| Contributions | $544,842 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $44,991 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $589,833 |
| Expenses | |
|---|---|
| Program Services | $508,311 |
| Administration | $13,192 |
| Fundraising | $0 |
| Total Expenses | $521,503 |
| Net Gain/Loss | $68,330 |
| Functional expenses | |
|---|---|
| Accounting Fees | $0 |
| Advertising & Promotion | $0 |
| Information Technology Expenses | $0 |
| Insurance Expenses | $0 |
| Interest Expenses | $0 |
| Investment Management Fees | $1,468 |
| Legal Fees | $0 |
| Pension Plan Contributions | $0 |
| Professional Fundraising Expenses | $0 |
2015
| Revenue | |
|---|---|
| Contributions | $791,321 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $64,619 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $855,940 |
| Expenses | |
|---|---|
| Program Services | $540,233 |
| Administration | $17,358 |
| Fundraising | $0 |
| Total Expenses | $557,591 |
| Net Gain/Loss | $298,349 |
| Functional expenses | |
|---|---|
| Accounting Fees | $0 |
| Advertising & Promotion | $0 |
| Information Technology Expenses | $0 |
| Insurance Expenses | $0 |
| Interest Expenses | $0 |
| Investment Management Fees | $4,736 |
| Legal Fees | $0 |
| Pension Plan Contributions | $0 |
| Professional Fundraising Expenses | $0 |
2016
| Revenue | |
|---|---|
| Contributions | $529,235 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $86,951 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $616,186 |
| Expenses | |
|---|---|
| Program Services | $583,232 |
| Administration | $10,132 |
| Fundraising | $0 |
| Total Expenses | $593,364 |
| Net Gain/Loss | $22,822 |
| Functional expenses | |
|---|---|
| Accounting Fees | $0 |
| Advertising & Promotion | $0 |
| Information Technology Expenses | $0 |
| Insurance Expenses | $0 |
| Interest Expenses | $0 |
| Investment Management Fees | $0 |
| Legal Fees | $0 |
| Pension Plan Contributions | $0 |
| Professional Fundraising Expenses | $0 |
2017
| Revenue | |
|---|---|
| Contributions | $534,057 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $32,253 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $566,310 |
| Expenses | |
|---|---|
| Program Services | $499,605 |
| Administration | $17,632 |
| Fundraising | $0 |
| Total Expenses | $517,237 |
| Net Gain/Loss | $49,073 |
| Functional expenses | |
|---|---|
| Accounting Fees | $0 |
| Advertising & Promotion | $0 |
| Information Technology Expenses | $0 |
| Insurance Expenses | $0 |
| Interest Expenses | $0 |
| Investment Management Fees | $5,558 |
| Legal Fees | $0 |
| Pension Plan Contributions | $0 |
| Professional Fundraising Expenses | $0 |
2018
| Revenue | |
|---|---|
| Contributions | $598,110 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $46,386 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $644,496 |
| Expenses | |
|---|---|
| Program Services | $519,015 |
| Administration | $19,457 |
| Fundraising | $0 |
| Total Expenses | $538,472 |
| Net Gain/Loss | $106,024 |
| Functional expenses | |
|---|---|
| Accounting Fees | $0 |
| Advertising & Promotion | $0 |
| Information Technology Expenses | $0 |
| Insurance Expenses | $0 |
| Interest Expenses | $0 |
| Investment Management Fees | $6,500 |
| Legal Fees | $0 |
| Pension Plan Contributions | $0 |
| Professional Fundraising Expenses | $0 |
2019
| Revenue | |
|---|---|
| Contributions | $972,529 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $77,571 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $1,050,100 |
| Expenses | |
|---|---|
| Program Services | $501,075 |
| Administration | $17,601 |
| Fundraising | $0 |
| Total Expenses | $518,676 |
| Net Gain/Loss | $531,424 |
| Functional expenses | |
|---|---|
| Accounting Fees | $0 |
| Advertising & Promotion | $0 |
| Information Technology Expenses | $0 |
| Insurance Expenses | $0 |
| Interest Expenses | $0 |
| Investment Management Fees | $5,808 |
| Legal Fees | $0 |
| Pension Plan Contributions | $0 |
| Professional Fundraising Expenses | $0 |
2020
| Revenue | |
|---|---|
| Contributions | $599,413 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $126,947 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $726,360 |
| Expenses | |
|---|---|
| Program Services | $505,453 |
| Administration | $18,567 |
| Fundraising | $0 |
| Total Expenses | $524,020 |
| Net Gain/Loss | $202,340 |
| Functional expenses | |
|---|---|
| Accounting Fees | $0 |
| Advertising & Promotion | $0 |
| Information Technology Expenses | $0 |
| Insurance Expenses | $0 |
| Interest Expenses | $0 |
| Investment Management Fees | $4,492 |
| Legal Fees | $0 |
| Pension Plan Contributions | $0 |
| Professional Fundraising Expenses | $0 |
2021
| Revenue | |
|---|---|
| Contributions | $698,786 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $88,717 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $787,503 |
| Expenses | |
|---|---|
| Program Services | $506,104 |
| Administration | $22,158 |
| Fundraising | $0 |
| Total Expenses | $528,262 |
| Net Gain/Loss | $259,241 |
| Functional expenses | |
|---|---|
| Accounting Fees | $0 |
| Advertising & Promotion | $0 |
| Information Technology Expenses | $0 |
| Insurance Expenses | $0 |
| Interest Expenses | $0 |
| Investment Management Fees | $0 |
| Legal Fees | $0 |
| Pension Plan Contributions | $0 |
| Professional Fundraising Expenses | $0 |
2022
| Revenue | |
|---|---|
| Contributions | $1,363,843 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $55,812 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $1,419,655 |
| Expenses | |
|---|---|
| Program Services | $514,868 |
| Administration | $0 |
| Fundraising | $0 |
| Total Expenses | $514,868 |
| Net Gain/Loss | $904,787 |
| Functional expenses | |
|---|---|
| Accounting Fees | $0 |
| Advertising & Promotion | $0 |
| Information Technology Expenses | $0 |
| Insurance Expenses | $0 |
| Interest Expenses | $0 |
| Investment Management Fees | $0 |
| Legal Fees | $0 |
| Pension Plan Contributions | $0 |
| Professional Fundraising Expenses | $0 |
2023
| Revenue | |
|---|---|
| Contributions | $1,828,433 |
| Government Grants | $0 |
| Program Services | $0 |
| Investments | $58,461 |
| Special Events | $0 |
| Sales | $0 |
| Other | $0 |
| Total Revenue | $1,886,894 |
| Expenses | |
|---|---|
| Program Services | $602,236 |
| Administration | $0 |
| Fundraising | $0 |
| Total Expenses | $602,236 |
| Net Gain/Loss | $1,284,658 |
| Functional expenses | |
|---|---|
| Accounting Fees | $0 |
| Advertising & Promotion | $0 |
| Information Technology Expenses | $0 |
| Insurance Expenses | $0 |
| Interest Expenses | $0 |
| Investment Management Fees | $0 |
| Legal Fees | $0 |
| Pension Plan Contributions | $0 |
| Professional Fundraising Expenses | $0 |
Greenwich Scholarship Association Inc
Balance sheetFiscal Year: Jul 01 - Jun 30
SOURCE: IRS Form 990 info
The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
Fiscal year ending:
cloud_download
Download Data
2009
| Assets | Jul 01, 2008 | Jun 30, 2009 | Change |
|---|---|---|---|
| Contributions | $607,267 | ||
| Cash & Equivalents | $450,180 | $628,023 | $177,843 |
|
Fixed Assets (LBE - Depreciation) |
$0 | $0 | $0 |
| Other | $266,280 | $248,580 | ($17,700) |
| Total Assets | $716,460 | $876,603 | $160,143 |
| Liabilities | Jul 01, 2008 | Jun 30, 2009 | Change |
|---|---|---|---|
| Total Liabilities | $434,846 | $565,189 | $130,343 |
| Fund balance | Jul 01, 2008 | Jun 30, 2009 | Change |
|---|---|---|---|
| Net Assets | $281,614 | $311,414 | $29,800 |
2010
| Assets | Jul 01, 2009 | Jun 30, 2010 | Change |
|---|---|---|---|
| Contributions | $698,981 | ||
| Cash & Equivalents | $628,023 | $800,554 | $172,531 |
| Accounts Receivable | $0 | $0 | $0 |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivable, Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investment, Securities | $0 | $0 | $0 |
| Investment, Other | $0 | $0 | $0 |
|
Fixed Assets (LBE - Depreciation) |
$0 | $0 | $0 |
| Other | $248,580 | $306,739 | $58,159 |
| Total Assets | $876,603 | $1,107,293 | $230,690 |
| Liabilities | Jul 01, 2009 | Jun 30, 2010 | Change |
|---|---|---|---|
| Accounts Payable | $0 | $0 | $0 |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $565,189 | $613,442 | $48,253 |
| Total Liabilities | $565,189 | $613,442 | $48,253 |
| Fund balance | Jul 01, 2009 | Jun 30, 2010 | Change |
|---|---|---|---|
| Temporarily Restricted Net Assets | $152,320 | $269,558 | $117,238 |
| Permanently Restricted Net Assets | $110,697 | $120,026 | $9,329 |
| Total Restricted Net Assets | $263,017 | $389,584 | $126,567 |
| Unrestricted Net Assets | $48,397 | $104,267 | $55,870 |
| Net Assets | $311,414 | $493,851 | $182,437 |
2011
| Assets | Jul 01, 2010 | Jun 30, 2011 | Change |
|---|---|---|---|
| Contributions | $618,169 | ||
| Cash & Equivalents | $800,554 | $1,091,156 | $290,602 |
| Accounts Receivable | $0 | $0 | $0 |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivable, Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investment, Securities | $0 | $0 | $0 |
| Investment, Other | $0 | $0 | $0 |
|
Fixed Assets (LBE - Depreciation) |
$0 | $0 | $0 |
| Other | $306,739 | $141,208 | ($165,531) |
| Total Assets | $1,107,293 | $1,232,364 | $125,071 |
| Liabilities | Jul 01, 2010 | Jun 30, 2011 | Change |
|---|---|---|---|
| Accounts Payable | $0 | $0 | $0 |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $613,442 | $656,940 | $43,498 |
| Total Liabilities | $613,442 | $656,940 | $43,498 |
| Fund balance | Jul 01, 2010 | Jun 30, 2011 | Change |
|---|---|---|---|
| Temporarily Restricted Net Assets | $269,558 | $314,025 | $44,467 |
| Permanently Restricted Net Assets | $120,026 | $142,013 | $21,987 |
| Total Restricted Net Assets | $389,584 | $456,038 | $66,454 |
| Unrestricted Net Assets | $104,267 | $119,386 | $15,119 |
| Net Assets | $493,851 | $575,424 | $81,573 |
2012
| Assets | Jul 01, 2011 | Jun 30, 2012 | Change |
|---|---|---|---|
| Contributions | $523,444 | ||
| Cash & Equivalents | $1,091,156 | $1,006,021 | ($85,135) |
| Accounts Receivable | $0 | $0 | $0 |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivable, Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investment, Securities | $0 | $0 | $0 |
| Investment, Other | $0 | $0 | $0 |
|
Fixed Assets (LBE - Depreciation) |
$0 | $0 | $0 |
| Other | $141,208 | $114,525 | ($26,683) |
| Total Assets | $1,232,364 | $1,120,546 | ($111,818) |
| Liabilities | Jul 01, 2011 | Jun 30, 2012 | Change |
|---|---|---|---|
| Accounts Payable | $0 | $2,394 | $2,394 |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $656,940 | $511,793 | ($145,147) |
| Total Liabilities | $656,940 | $514,187 | ($142,753) |
| Fund balance | Jul 01, 2011 | Jun 30, 2012 | Change |
|---|---|---|---|
| Temporarily Restricted Net Assets | $314,025 | $371,532 | $57,507 |
| Permanently Restricted Net Assets | $142,013 | $134,096 | -$7,917 |
| Total Restricted Net Assets | $456,038 | $505,628 | $49,590 |
| Unrestricted Net Assets | $119,386 | $100,731 | ($18,655) |
| Net Assets | $575,424 | $606,359 | $30,935 |
2013
| Assets | Jul 01, 2012 | Jun 30, 2013 | Change |
|---|---|---|---|
| Contributions | $577,549 | ||
| Cash & Equivalents | $1,006,021 | $1,221,390 | $215,369 |
| Accounts Receivable | $0 | $0 | $0 |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivable, Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investment, Securities | $0 | $0 | $0 |
| Investment, Other | $0 | $0 | $0 |
|
Fixed Assets (LBE - Depreciation) |
$0 | $0 | $0 |
| Other | $114,525 | $51,500 | ($63,025) |
| Total Assets | $1,120,546 | $1,272,890 | $152,344 |
| Liabilities | Jul 01, 2012 | Jun 30, 2013 | Change |
|---|---|---|---|
| Accounts Payable | $2,394 | $2,982 | $588 |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $511,793 | $510,156 | ($1,637) |
| Total Liabilities | $514,187 | $513,138 | ($1,049) |
| Fund balance | Jul 01, 2012 | Jun 30, 2013 | Change |
|---|---|---|---|
| Temporarily Restricted Net Assets | $371,532 | $485,639 | $114,107 |
| Permanently Restricted Net Assets | $134,096 | $145,510 | $11,414 |
| Total Restricted Net Assets | $505,628 | $631,149 | $125,521 |
| Unrestricted Net Assets | $100,731 | $128,603 | $27,872 |
| Net Assets | $606,359 | $759,752 | $153,393 |
2014
| Assets | Jul 01, 2013 | Jun 30, 2014 | Change |
|---|---|---|---|
| Contributions | $544,842 | ||
| Cash & Equivalents | $1,221,390 | $810,154 | ($411,236) |
| Accounts Receivable | $0 | $0 | $0 |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivable, Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investment, Securities | $0 | $600,223 | $600,223 |
| Investment, Other | $0 | $0 | $0 |
|
Fixed Assets (LBE - Depreciation) |
$0 | $0 | $0 |
| Other | $51,500 | $31,753 | ($19,747) |
| Total Assets | $1,272,890 | $1,442,130 | $169,240 |
| Liabilities | Jul 01, 2013 | Jun 30, 2014 | Change |
|---|---|---|---|
| Accounts Payable | $2,982 | $2,808 | ($174) |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $510,156 | $567,997 | $57,841 |
| Total Liabilities | $513,138 | $570,805 | $57,667 |
| Fund balance | Jul 01, 2013 | Jun 30, 2014 | Change |
|---|---|---|---|
| Temporarily Restricted Net Assets | $485,639 | $546,161 | $60,522 |
| Permanently Restricted Net Assets | $145,510 | $163,687 | $18,177 |
| Total Restricted Net Assets | $631,149 | $709,848 | $78,699 |
| Unrestricted Net Assets | $128,603 | $161,477 | $32,874 |
| Net Assets | $759,752 | $871,325 | $111,573 |
2015
| Assets | Jul 01, 2014 | Jun 30, 2015 | Change |
|---|---|---|---|
| Contributions | $791,321 | ||
| Cash & Equivalents | $810,154 | $1,011,518 | $201,364 |
| Accounts Receivable | $0 | $0 | $0 |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivable, Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investment, Securities | $600,223 | $666,790 | $66,567 |
| Investment, Other | $0 | $0 | $0 |
|
Fixed Assets (LBE - Depreciation) |
$0 | $0 | $0 |
| Other | $31,753 | $1,100 | ($30,653) |
| Total Assets | $1,442,130 | $1,679,408 | $237,278 |
| Liabilities | Jul 01, 2014 | Jun 30, 2015 | Change |
|---|---|---|---|
| Accounts Payable | $2,808 | $1,719 | ($1,089) |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $567,997 | $567,819 | ($178) |
| Total Liabilities | $570,805 | $569,538 | ($1,267) |
| Fund balance | Jul 01, 2014 | Jun 30, 2015 | Change |
|---|---|---|---|
| Temporarily Restricted Net Assets | $546,161 | $766,277 | $220,116 |
| Permanently Restricted Net Assets | $163,687 | $154,541 | -$9,146 |
| Total Restricted Net Assets | $709,848 | $920,818 | $210,970 |
| Unrestricted Net Assets | $161,477 | $189,052 | $27,575 |
| Net Assets | $871,325 | $1,109,870 | $238,545 |
2016
| Assets | Jul 01, 2015 | Jun 30, 2016 | Change |
|---|---|---|---|
| Contributions | $529,235 | ||
| Cash & Equivalents | $1,011,518 | $1,012,449 | $931 |
| Accounts Receivable | $0 | $0 | $0 |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivable, Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investment, Securities | $666,790 | $575,876 | ($90,914) |
| Investment, Other | $0 | $0 | $0 |
|
Fixed Assets (LBE - Depreciation) |
$0 | $0 | $0 |
| Other | $1,100 | $59,701 | $58,601 |
| Total Assets | $1,679,408 | $1,648,026 | ($31,382) |
| Liabilities | Jul 01, 2015 | Jun 30, 2016 | Change |
|---|---|---|---|
| Accounts Payable | $1,719 | $846 | ($873) |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $567,819 | $619,306 | $51,487 |
| Total Liabilities | $569,538 | $620,152 | $50,614 |
| Fund balance | Jul 01, 2015 | Jun 30, 2016 | Change |
|---|---|---|---|
| Temporarily Restricted Net Assets | $766,277 | $725,137 | -$41,140 |
| Permanently Restricted Net Assets | $154,541 | $138,665 | -$15,876 |
| Total Restricted Net Assets | $920,818 | $863,802 | ($57,016) |
| Unrestricted Net Assets | $189,052 | $164,072 | ($24,980) |
| Net Assets | $1,109,870 | $1,027,874 | ($81,996) |
2017
| Assets | Jul 01, 2016 | Jun 30, 2017 | Change |
|---|---|---|---|
| Contributions | $534,057 | ||
| Cash & Equivalents | $1,012,449 | $837,775 | ($174,674) |
| Accounts Receivable | $0 | $0 | $0 |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivable, Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investment, Securities | $575,876 | $823,313 | $247,437 |
| Investment, Other | $0 | $0 | $0 |
|
Fixed Assets (LBE - Depreciation) |
$0 | $0 | $0 |
| Other | $59,701 | $49,100 | ($10,601) |
| Total Assets | $1,648,026 | $1,710,188 | $62,162 |
| Liabilities | Jul 01, 2016 | Jun 30, 2017 | Change |
|---|---|---|---|
| Accounts Payable | $846 | $76 | ($770) |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $619,306 | $543,116 | ($76,190) |
| Total Liabilities | $620,152 | $543,192 | ($76,960) |
| Fund balance | Jul 01, 2016 | Jun 30, 2017 | Change |
|---|---|---|---|
| Temporarily Restricted Net Assets | $725,137 | $767,669 | $42,532 |
| Permanently Restricted Net Assets | $138,665 | $151,184 | $12,519 |
| Total Restricted Net Assets | $863,802 | $918,853 | $55,051 |
| Unrestricted Net Assets | $164,072 | $248,143 | $84,071 |
| Net Assets | $1,027,874 | $1,166,996 | $139,122 |
2018
| Assets | Jul 01, 2017 | Jun 30, 2018 | Change |
|---|---|---|---|
| Contributions | $598,110 | ||
| Cash & Equivalents | $837,775 | $682,660 | ($155,115) |
| Accounts Receivable | $0 | $0 | $0 |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivable, Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investment, Securities | $823,313 | $1,143,720 | $320,407 |
| Investment, Other | $0 | $0 | $0 |
|
Fixed Assets (LBE - Depreciation) |
$0 | $0 | $0 |
| Other | $49,100 | $7,100 | ($42,000) |
| Total Assets | $1,710,188 | $1,833,480 | $123,292 |
| Liabilities | Jul 01, 2017 | Jun 30, 2018 | Change |
|---|---|---|---|
| Accounts Payable | $76 | $4,430 | $4,354 |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $543,116 | $525,926 | ($17,190) |
| Total Liabilities | $543,192 | $530,356 | ($12,836) |
| Fund balance | Jul 01, 2017 | Jun 30, 2018 | Change |
|---|---|---|---|
| Temporarily Restricted Net Assets | $767,669 | $880,811 | $113,142 |
| Permanently Restricted Net Assets | $151,184 | $157,088 | $5,904 |
| Total Restricted Net Assets | $918,853 | $1,037,899 | $119,046 |
| Unrestricted Net Assets | $248,143 | $265,225 | $17,082 |
| Net Assets | $1,166,996 | $1,303,124 | $136,128 |
2019
| Assets | Jul 01, 2018 | Jun 30, 2019 | Change |
|---|---|---|---|
| Contributions | $972,529 | ||
| Cash & Equivalents | $682,660 | $581,172 | ($101,488) |
| Accounts Receivable | $0 | $500,110 | $500,110 |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivable, Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investment, Securities | $1,143,720 | $1,262,621 | $118,901 |
| Investment, Other | $0 | $0 | $0 |
|
Fixed Assets (LBE - Depreciation) |
$0 | $0 | $0 |
| Other | $7,100 | $22,450 | $15,350 |
| Total Assets | $1,833,480 | $2,366,353 | $532,873 |
| Liabilities | Jul 01, 2018 | Jun 30, 2019 | Change |
|---|---|---|---|
| Accounts Payable | $4,430 | $2,534 | ($1,896) |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $525,926 | $551,591 | $25,665 |
| Total Liabilities | $530,356 | $554,125 | $23,769 |
| Fund balance | Jul 01, 2018 | Jun 30, 2019 | Change |
|---|---|---|---|
| Temporarily Restricted Net Assets | $880,811 | $904,964 | $24,153 |
| Permanently Restricted Net Assets | $157,088 | $654,140 | $497,052 |
| Total Restricted Net Assets | $1,037,899 | $1,559,104 | $521,205 |
| Unrestricted Net Assets | $265,225 | $253,124 | ($12,101) |
| Net Assets | $1,303,124 | $1,812,228 | $509,104 |
2020
| Assets | Jul 01, 2019 | Jun 30, 2020 | Change |
|---|---|---|---|
| Contributions | $599,413 | ||
| Cash & Equivalents | $581,172 | $217,265 | ($363,907) |
| Accounts Receivable | $500,110 | $22,000 | ($478,110) |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivable, Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investment, Securities | $1,262,621 | $1,786,824 | $524,203 |
| Investment, Other | $0 | $0 | $0 |
|
Fixed Assets (LBE - Depreciation) |
$0 | $0 | $0 |
| Other | $22,450 | $3,000 | ($19,450) |
| Total Assets | $2,366,353 | $2,029,089 | ($337,264) |
| Liabilities | Jul 01, 2019 | Jun 30, 2020 | Change |
|---|---|---|---|
| Accounts Payable | $2,534 | $364 | ($2,170) |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $551,591 | $91,063 | ($460,528) |
| Total Liabilities | $554,125 | $91,427 | ($462,698) |
| Fund balance | Jul 01, 2019 | Jun 30, 2020 | Change |
|---|---|---|---|
| Temporarily Restricted Net Assets | N/A | N/A | N/A |
| Permanently Restricted Net Assets | N/A | N/A | N/A |
| Total Restricted Net Assets | $1,559,104 | $1,093,691 | ($465,413) |
| Unrestricted Net Assets | $253,124 | $843,971 | $590,847 |
| Net Assets | $1,812,228 | $1,937,662 | $125,434 |
2021
| Assets | Jul 01, 2020 | Jun 30, 2021 | Change |
|---|---|---|---|
| Contributions | $698,786 | ||
| Cash & Equivalents | $217,265 | $680,114 | $462,849 |
| Accounts Receivable | $22,000 | $0 | ($22,000) |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivable, Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investment, Securities | $1,786,824 | $2,465,763 | $678,939 |
| Investment, Other | $0 | $0 | $0 |
|
Fixed Assets (LBE - Depreciation) |
$0 | $0 | $0 |
| Other | $3,000 | $0 | ($3,000) |
| Total Assets | $2,029,089 | $3,145,877 | $1,116,788 |
| Liabilities | Jul 01, 2020 | Jun 30, 2021 | Change |
|---|---|---|---|
| Accounts Payable | $364 | $3,430 | $3,066 |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $91,063 | $571,787 | $480,724 |
| Total Liabilities | $91,427 | $575,217 | $483,790 |
| Fund balance | Jul 01, 2020 | Jun 30, 2021 | Change |
|---|---|---|---|
| Temporarily Restricted Net Assets | N/A | N/A | N/A |
| Permanently Restricted Net Assets | N/A | N/A | N/A |
| Total Restricted Net Assets | $1,093,691 | $1,443,533 | $349,842 |
| Unrestricted Net Assets | $843,971 | $1,127,127 | $283,156 |
| Net Assets | $1,937,662 | $2,570,660 | $632,998 |
2022
| Assets | Jul 01, 2021 | Jun 30, 2022 | Change |
|---|---|---|---|
| Contributions | $1,363,843 | ||
| Cash & Equivalents | $680,114 | $761,717 | $81,603 |
| Accounts Receivable | $0 | $0 | $0 |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivable, Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investment, Securities | $2,465,763 | $2,782,510 | $316,747 |
| Investment, Other | $0 | $0 | $0 |
|
Fixed Assets (LBE - Depreciation) |
$0 | $0 | $0 |
| Other | $0 | $0 | $0 |
| Total Assets | $3,145,877 | $3,544,227 | $398,350 |
| Liabilities | Jul 01, 2021 | Jun 30, 2022 | Change |
|---|---|---|---|
| Accounts Payable | $3,430 | $0 | ($3,430) |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $571,787 | $564,328 | ($7,459) |
| Total Liabilities | $575,217 | $564,328 | ($10,889) |
| Fund balance | Jul 01, 2021 | Jun 30, 2022 | Change |
|---|---|---|---|
| Temporarily Restricted Net Assets | N/A | N/A | N/A |
| Permanently Restricted Net Assets | N/A | N/A | N/A |
| Total Restricted Net Assets | $1,443,533 | $1,418,450 | ($25,083) |
| Unrestricted Net Assets | $1,127,127 | $1,561,449 | $434,322 |
| Net Assets | $2,570,660 | $2,979,899 | $409,239 |
2023
| Assets | Jul 01, 2022 | Jun 30, 2023 | Change |
|---|---|---|---|
| Contributions | $1,828,433 | ||
| Cash & Equivalents | $761,717 | $704,798 | ($56,919) |
| Accounts Receivable | $0 | $16,500 | $16,500 |
| Pledges & Grants Receivable | $0 | $0 | $0 |
| Receivable, Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investment, Securities | $2,782,510 | $4,510,004 | $1,727,494 |
| Investment, Other | $0 | $0 | $0 |
|
Fixed Assets (LBE - Depreciation) |
$0 | $0 | $0 |
| Other | $0 | $0 | $0 |
| Total Assets | $3,544,227 | $5,231,302 | $1,687,075 |
| Liabilities | Jul 01, 2022 | Jun 30, 2023 | Change |
|---|---|---|---|
| Accounts Payable | $0 | $0 | $0 |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $0 | $0 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $564,328 | $681,692 | $117,364 |
| Total Liabilities | $564,328 | $681,692 | $117,364 |
| Fund balance | Jul 01, 2022 | Jun 30, 2023 | Change |
|---|---|---|---|
| Temporarily Restricted Net Assets | N/A | N/A | N/A |
| Permanently Restricted Net Assets | N/A | N/A | N/A |
| Total Restricted Net Assets | $1,418,450 | $3,330,246 | $1,911,796 |
| Unrestricted Net Assets | $1,561,449 | $1,219,364 | ($342,085) |
| Net Assets | $2,979,899 | $4,549,610 | $1,569,711 |
Operations
The people, governance practices, and partners that make the organization tick.
Number of employees
Source: IRS Form 990
Greenwich Scholarship Association Inc
Officers, directors, trustees, and key employeesSOURCE: IRS Form 990
Compensation
Other
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up to 5 most recent years of officer and director compensation data for this organization
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