Education : Scholarship and Financial Support

Tri-County Scholarship Fund

Changing lives, one child at a time since 1981

four stars

95.06

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

Board Leadership
Rick DeBel
Chairman

CEO
Prudence A. Pigott
President

  Score
(out of 100)
Rating
Overall Score & Rating 95.06 four stars
  Financial 93.02 four stars
  Accountability & Transparency 100.00 four stars
This rating was published 10/01/2019 and includes data from FY2018, 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 31,000 scholarships have been awarded representing over $26 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 31,000 scholarships have been awarded representing over $26 million in Tri-County Scholarship Fund assistance.

Impact Information

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This impact information is current as of January 2020, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

93.02

Accountability & Transparency

four stars

100.00

This rating was published 10/01/2019 and includes data from FY2018, 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)
78.1%
  Administrative Expenses 9.1%
  Fundraising Expenses 12.6%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 1.45
  Program Expenses Growth 13.8%
  Liabilities to Assets 16.3%
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 $1,484,121
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $1,480,459
   Related Organizations $0
   Government Grants $0
Total Contributions $2,964,580
   Program Service Revenue $0
Total Primary Revenue $2,964,580
   Other Revenue $62,174
TOTAL REVENUE $3,026,754
   
EXPENSES  
   Program Expenses $1,577,265
   Administrative Expenses $141,796
   Fundraising Expenses $152,544
TOTAL FUNCTIONAL EXPENSES $1,871,605
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,155,149
   
Net Assets $3,599,167

Charts

Compensation % of Expenses Paid to Title
$125,000 6.67% 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 31,000 scholarships have been awarded representing over $26 million in Tri-County Scholarship Fund assistance.

Highly Rated

Charity Name & State Overall Score Overall Rating
Tri-County Scholarship Fund (NJ) 95.06 four stars
Columbus Citizens Foundation (NY) 85.39 three stars
Simon Youth Foundation (IN) 88.20 three stars
The BISON Children's Scholarship Fund (NY) 95.43 four stars
Association of Waldorf Schools of North America (CO) 88.57 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

Rick DeBel
Chairman

CEO

Prudence A. Pigott
President