Edgemont Scholarship Council Inc in Scarsdale, New York (NY)

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Edgemont Scholarship Council Inc
Employer Identification Number (EIN)136165697
Name of OrganizationEdgemont Scholarship Council Inc
In Care of NameEdgemont High School
Address300 White Oak Ln, Scarsdale, NY 10583-1725
ActivitiesOther school related activities, Scholarships (other)
SubsectionEducational Organization
Ruling Date12/1959
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$100,000 to $499,999
Income$25,000 to $99,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$253,157
Amount of Income$57,885
Form 990 Revenue Amount$57,885


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Financial snapshot ($)

Revenue for 2013

Support schedule

Revenue, Expenses, and Changes in Net Assets or Fund Balances
201120122013
Total revenue$56,506$51,326$57,885
Contributions, gifts, grants, and similar amounts received$51,936$47,293$48,525
Program service revenue including government fees and contracts$0$0$0
Membership dues and assessments$0$0$0
Investment income$2,229$1,786$9,360
Gain/Loss from sale of assets other than inventory$2,341$2,247$0
Net income/loss from gaming and fundraising events$0$0$0
Gross profit/loss from sales of inventory$0$0$0
Other revenue$0$0$0
Total expenses$64,261$50,548$53,808
Total net assets$199,134$217,503$253,157
Excess/Deficit for the year$-7,754$778$4,077
Net assets or fund balances at beginning of year$219,765$199,134$217,503
Other changes in net assets or fund balances$-12,877$17,591$31,577
Net assets or fund balances at end of year$217,503$253,157
Balance Sheets
201120122013
Total assets$199,134$217,503$253,157
Total liabilities$0$0$0
Net assets or fund balances$199,134$217,503$253,157
Other Information
201120122013
Did the organization engage in any significant activity not previously reported to the IRS?NoNo
Were any significant changes made to the organizing or governing documents?NoNo
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNoNoNo
Has the organization filed a Form 990-T for the year?NoNo
Did the organization undergo a liquidation, dissolution, termination, or significant disposition of net assets during the year?NoNo
Amount of political expenditures, direct or indirect$0$0
Did the organization file Form 1120-POL for this year?NoNo
Did the organization borrow from, or make any loans to, any officer, director, trustee, or key employee or were any such loans made in a prior year and still outstanding at the end of the tax year covered by this return?NoNo
Total amount involved$0$0
Initiation fees and capital contributions$0$0$0
Gross receipts for public use of club facilities$0$0$0
Did the organization engage in any section 4958 excess benefit transaction during the year, or did it engage in an excess benefit transaction in a prior year that has not been reported on any of its prior Forms 990 or 990-EZ?NoNo
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?NoNo
Reason for Public Charity Status (for 2013)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Number of organizations supported0
Sum of amounts of support$0
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2009 - 2013)
2009 - 2013 Total
Public Support$265,746
Subtotal Support$265,749
Gifts, grants, contributions, and membership fees received$265,749
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
The portion of total contributions by each person (other than a governmental unit or publicly supported organization) that exceeds 2% of the total support$0
Total Support$276,124
Public Support$265,749
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$10,375
Net income from unrelated business activities, whether or not the business is regularly carried on$0
Other income. Do not include gain or loss from the sale of capital assets$0
Gross receipts from related activities, etc.$0
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