Education : Scholarship and Financial Support

Tri-County Scholarship Fund

Changing lives, one child at a time since 1981

four stars

97.78

14 West Main Street Mendham, NJ 07945
tel: (973) 984-9600   Web Site
EIN: 22-2354475

Board Leadership
Joseph W. Spada, CFP
Chairman

CEO
Prudence A. Pigott
President

  Score
(out of 100)
Rating
Overall Score & Rating 97.78 four stars
  Financial 96.87 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 12/01/2020 and includes data from FY2019, the most recent 990 received at that time.

Tri-County Scholarship Fund provides K-12 scholarships to deserving and financially disadvantaged children in northern New Jersey so they can obtain a high quality, values-based education at accredited private elementary and secondary schools that will enable them to achieve their full potential. Scholarships are awarded annually to hundreds of students. Many families are immigrants struggling to provide their children with a quality education in a safe and disciplined environment. Since 1981, over 33,500 scholarships have been awarded representing over $31.5 million in Tri-County Scholarship Fund assistance.

Tri-County Scholarship Fund provides K-12 scholarships to deserving and financially disadvantaged children in northern New Jersey so they can obtain a high quality, values-based education at accredited private elementary and secondary schools that will enable them to achieve their full potential. Scholarships are awarded annually to hundreds of students. Many families are immigrants struggling to provide their children with a quality education in a safe and disciplined environment. Since 1981, over 33,500 scholarships have been awarded representing over $31.5 million in Tri-County Scholarship Fund assistance.

Financial

four stars

96.87

Accountability & Transparency

four stars

100.00

This rating was published 12/01/2020 and includes data from FY2019, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
82.8%
  Administrative Expenses 10.1%
  Fundraising Expenses 6.9%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 2.03
  Program Expenses Growth 16.8%
  Liabilities to Assets 14.2%
All data for Financial Performance Metrics calculations was provided by Tri-County Scholarship Fund on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Tri-County Scholarship Fund on recent 990s filed with the IRS.
REVENUE  
Contributions  
   Contributions, Gifts & Grants $1,559,164
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $1,674,529
   Related Organizations $0
   Government Grants $0
Total Contributions $3,233,693
   Program Service Revenue $0
Total Primary Revenue $3,233,693
   Other Revenue $92,930
TOTAL REVENUE $3,326,623
   
EXPENSES  
   Program Expenses $1,856,593
   Administrative Expenses $319,265
   Fundraising Expenses $122,763
TOTAL FUNCTIONAL EXPENSES $2,298,621
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,028,002
   
Net Assets $5,003,102

Charts

Compensation % of Expenses Paid to Title
$145,000 6.30% Prudence A. Pigott President

Mission

Tri-County Scholarship Fund provides K-12 scholarships to deserving and financially disadvantaged children in northern New Jersey so they can obtain a high quality, values-based education at accredited private elementary and secondary schools that will enable them to achieve their full potential. Scholarships are awarded annually to hundreds of students. Many families are immigrants struggling to provide their children with a quality education in a safe and disciplined environment. Since 1981, over 33,500 scholarships have been awarded representing over $31.5 million in Tri-County Scholarship Fund assistance.

Highly Rated

Charity Name & State Overall Score Overall Rating
Tri-County Scholarship Fund (NJ) 97.78 four stars
The BISON Children's Scholarship Fund (NY) 95.84 four stars
American Indian Services (UT) 96.00 four stars
ACE Scholarships (CO) 92.74 four stars
Institute for Quality Education (IN) 86.56 three stars

Compare These Charities (Highly Rated)

Charity Contact Info

Tri-County Scholarship Fund
14 West Main Street
Mendham, NJ 07945
tel: (973) 984-9600
fax: (973) 984-6300
EIN: 22-2354475

Visit Web Site

Board Leadership

Joseph W. Spada, CFP
Chairman

CEO

Prudence A. Pigott
President