TRI-COUNTY SCHOLARSHIP FUND Charity Report

Public IRS 990 nonprofit record

TRI-COUNTY SCHOLARSHIP FUND

EIN 22-2354475 · Education (B82Z)

What they do

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.TCSF HOLDINGS, LLC is A REAL ESTATE HOLDINGS COMPANY WHOLLY-OWNED BY THE FUND for THE PURPOSE of HOLDING TITLE to PROPERTY for THE BENEFIT of THE FUND.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.80 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders57 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

75.74%of revenue went to mission work85.8% of expenses · Program services

5.19%of revenue went to fundraising5.9% of expenses

$57.20spent for every $100 of revenueRevenue covered expenses this year.

7.33%of revenue went to management and office costs8.3% of expenses

$3.31in assets for every $1 spent this yearSome assets cannot be spent right away.

59.2%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $271,325 for PRUDENCE A PIGOTT (PRESIDENT, EX-OFFICIO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$5,164,180

Mission workProgram services$3,911,52275.74% of revenue85.8% of expenses

ManagementOffice and general costs$378,3157.33% of revenue8.3% of expenses

FundraisingAsking for donations$268,1155.19% of revenue5.9% of expenses

Revenue left after expensesReported annual surplus$606,22811.74% of revenueShown in gray on the chart

Total expenses$4,557,95288.26% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 85.8% mission · 8.3% management · 5.9% fundraisingTotal expenses: 88.26% of revenue

2023Expense mix: 87.4% mission · 6.3% management · 6.4% fundraisingTotal expenses: 92.42% of revenue

2022Expense mix: 86.9% mission · 8.3% management · 4.8% fundraisingTotal expenses: 73.58% of revenue

2021Expense mix: 84.5% mission · 8.7% management · 6.8% fundraisingTotal expenses: 72.84% of revenue

2020Expense mix: 87.4% mission · 8.2% management · 4.4% fundraisingTotal expenses: 72.35% of revenue

2019Expense mix: 80.8% mission · 13.9% management · 5.3% fundraisingTotal expenses: 69.10% of revenue

2018Expense mix: 84.3% mission · 7.6% management · 8.2% fundraisingTotal expenses: 61.84% of revenue

2017Expense mix: 84.3% mission · 7.8% management · 7.9% fundraisingTotal expenses: 71.56% of revenue

Money in and money out

Revenue$7,968,215

Expenses$4,557,952

Annual surplus $3,410,263 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$3,911,522 · 85.8% of expenses

Management and office costs$378,315 · 8.3% of expenses

Fundraising$268,115 · 5.9% of expenses

See all reported dollar amounts

Revenue$7,968,215

Expenses$4,557,952

Assets$15,098,870

Income$9,490,497

Contributions$4,718,921

Mission work (program services)$3,911,522

Fundraising$268,115

Management and general$378,315

Stocks and bonds$8,012,225

Accounting fees$28,388

Investing fees$67,701

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PRUDENCE A PIGOTTPRESIDENT, EX-OFFICIO · 40 hrs/week $271,325Base $250,000 · Other $21,325

MIKE MUNDOFFICE MANAGER · 40 hrs/week $185,521Base $157,447 · Other $28,074

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (57)

PRUDENCE A PIGOTTPRESIDENT, EX-OFFICIO

MIKE MUNDOFFICE MANAGER

ROBERT CAVALEROTRUSTEE

MARC ADEETRUSTEE

MARK BODETRUSTEE

MARYBETH SAVASTRUSTEE

MICHAEL HOCHKEPPELTRUSTEE

MICHAEL ZOGBYTRUSTEE

MOST REVEREND KEVIN J SWEENEYTRUSTEE

NANCY LOTTINVILLETRUSTEE

PATRICK MCGOVERNTRUSTEE

PAUL ONDERDONKTRUSTEE

REEMA PURITRUSTEE

RICK DEBELTRUSTEE

RICK DIANATRUSTEE

LISA DONINITRUSTEE

ROBERT SAMETHTRUSTEE

ROBERT WALDELETRUSTEE

ROBERTO YANEZTRUSTEE

SACHA MARCUCCITRUSTEE

SCOTT LENZTRUSTEE

SUSANNE WALDELETRUSTEE

THEODORE KNAUSSTRUSTEE

TIMOTHY DUFFYTRUSTEE

TREVOR JONESTRUSTEE

TRISH OKEEFETRUSTEE

WILLIAM COZINETRUSTEE

WILLIAM GASCOIGNETRUSTEE

YVONNE PREVIDITRUSTEE

FRANCES HOWARDVICE-CHAIR

ALINA HABBATRUSTEE

AMI SIMUNOVICHTRUSTEE

ANN MARIE MANAHANTRUSTEE

ANNE SCHMIDT KRUMPTRUSTEE

ANNEMARIE HOCHKEPPELTRUSTEE

BRIAN CLARKTRUSTEE

CAROLYN BADENHAUSENTRUSTEE

CATHERINE HIGGINSTRUSTEE

CATHLEEN CALLAHANTRUSTEE

CHARLES VARVAROTRUSTEE

DREW SPITZERTRUSTEE

ELIZABETH HENNESSYTRUSTEE

FATHER MICHAEL TIDDTRUSTEE

A QUENTIN MURRAYTRUSTEE

FRED PIERCETREASURER

GEORGE RACHMIELTRUSTEE

JOHN MARCHIONITRUSTEE

JOSEPH GONNELLATRUSTEE

JOSEPH STEFANSTRUSTEE

JOSEPH W SPADACHAIR

JUAN ANDRADETRUSTEE

JUAN GAMARRATRUSTEE

JUSTIN MARCUCCITRUSTEE

KENNETH DONOVANTRUSTEE

KEVIN GARDNERTRUSTEE

KRISTINE DONOVANTRUSTEE

LINA MARTINEZTRUSTEE

About this charity

Recognized since: January 1983
Location: 14 WEST MAIN STREET, MENDHAM, NJ 07945-1260
County: Morris
In care of: % TRI-
Primary officer: PRUDENCE PIGOTT, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(973) 984-9600

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Education (B82Z)

TRI-COUNTY SCHOLARSHIP FUND

TRI-COUNTY SCHOLARSHIP FUND

What they do

Should I give to this charity?

Basic facts we verified

Money made simple

Ask these three easy questions

Financial picture

How each $100 of revenue was used

Has the pattern changed?

Money in and money out

Reported spending amounts

Leadership and board

People reported as paid

About this charity

How to reach them

Filing and classification

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