2015-03-29T09:23:26-05:00 2014-06-30 521231901 GORFINE SCHILLER & GARDYN PA 10045 RED RUN BLVD SUITE 250 OWINGS MILLS MD 21117 990 2013-07-01 526012589 THE CENTRAL SCHOLARSHIP BUREAU INC CENT 4104155558 6 PARK CENTER COURT SUITE 211 OWINGS MILLS MD 21117 JAN WAGNER PRESIDENT 4104155558 2015-03-19 1 SCOTT D RODGVILLE CPA P00365285 4103565900 2013 2016-03-07 17:11:31Z CENTRAL SCHOLARSHIP JAN WAGNER 6 PARK CENTER COURT OWINGS MILLS MD 21117 1541867 0 X WWW.CENTRAL-SCHOLARSHIP.ORG X 1924 MD SEE SCHEDULE O. 18 18 10 45 0 0 1235244 1378241 11000 11000 62468 145488 6847 -6262 1315559 1528467 664732 736113 0 0 563844 635217 18059 12032 122903 226193 248014 1472828 1631376 -157269 -102909 10386902 10933663 103191 51954 10283711 10881709 X CS HELPS LOW-INCOME MARYLANDERS ACHIEVE A BETTER LIFE THROUGH HIGHER EDUCATION BY AWARDING SCHOLARSHIPS AND INTEREST-FREE LOANS AND OFFERING A FINANCIAL EDUCATION SERIES, COLLEGE CASH (TM), TO HELP STUDENTS AND PARENTS BECOME INFORMED CONSUMERS OF HIGHER EDUCATION. 0 0 1373855 541393 CENTRAL SCHOLARSHIP (CS) PROVIDES SCHOLARSHIPS FOR UNDERGRADUATE, GRADUATE AND PROFESSIONAL SCHOOL TO STUDENTS WHO QUALIFY BASED ON FINANCIAL NEED AND ACADEMIC PERFORMANCE. STUDENTS ARE ELIGIBLE FOR UP TO $10,000 PER YEAR TO A MAXIMUM OF $40,000 IN ASSISTANCE FOR POST-SECONDARY EDUCATION. IN THE YEAR ENDING JUNE 30, 2014, CS PROCESSED NEARLY 6,000 APPLICATIONS AND AWARDED $541,393 TO 163 STUDENTS. THE $1,373,855 IN EXPENSES LISTED ABOVE ALSO INCLUDES EXPENSES FOR OUR INTEREST-FREE LOAN AND CAREER TRAINING SCHOLARSHIP PROGRAMS. INTEREST-FREE LOANS ARE AWARDED TO STUDENTS PURSUING UNDERGRADUATE, GRADUATE AND PROFESSIONAL SCHOOL DEGREES WHO QUALIFY BASED ON FINANCIAL NEED AND ACADEMIC PERFORMANCE. STUDENTS ARE ELIGIBLE FOR UP TO $10,000 PER YEAR IN ASSISTANCE FOR POST-SECONDARY EDUCATION. NEW LOANS OF $303,500 WERE AWARDED TO 79 STUDENTS IN THE FISCAL YEAR ENDING JUNE 30, 2014. CENTRAL SCHOLARSHIP (CS) ALSO MANAGED EXISTING LOANS OF APROXIMATELY $3,000,000 FOR MORE THAN 550 STUDENTS. THE EXPENSES RELATED TO AWARDING AND MANAGING INTEREST-FREE LOANS ARE INCLUDED IN THE $1,373,855 IN SECTION 4A ABOVE. 194720 SCHOLARSHIPS ARE AVAILABLE FOR TRAINING IN CAREER FIELDS WHERE THERE IS VERIFIED WORKFORCE DEMAND, THE OPPORTUNITY TO EARN A LIVING WAGE, RECOGNIZED CREDENTIALS UPON PROGRAM COMPLETION AND A CAREER PATH FOR ADVANCEMENT. STUDENTS ARE QUALIFIED BASED ON FINANCIAL NEED, WITH PREFERENCE GIVEN TO BALTIMORE CITY RESIDENTS. IN THE FISCAL YEAR ENDING JUNE 30, 2014, CENTRAL SCHOLARSHIP (CS) AWARDED $194,720 IN VOCATIONAL SCHOLARSHIPS TO 107 STUDENTS. THE EXPENSES RELATED TO AWARDING CAREER TRAINING SCHOLARSHIPS ARE INCLUDED IN THE $1,373,855 IN SECTION 4A ABOVE. THE MARY RUBIN AND BENJAMIN M. RUBIN SCHOLARSHIP FUND GENERATES BETWEEN 35 AND 40 AWARDS EACH YEAR. 1373855 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 0 1 0 0 0 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 7 0 1 10 1 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 X 18 18 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MD X X X JAN WAGNER 4104155558 6 PARK CENTER COURT OWINGS MILLS MD 21117 MICHAEL WARD BOARD CHAIR 2.00 X 0 0 0 IRA WAGNER FIRST VICE CHAIR 2.00 X 0 0 0 RUSS CAUSEY SECOND VP 2.00 X 0 0 0 PEGGY HELLER THIRD VP 2.00 X 0 0 0 MARY SHOCK IMMEDIATE PAST BOARD CHAIR 2.00 X 0 0 0 DAVE RICHARDSON TREASURER 2.00 X 0 0 0 SONIA TENDLER SECRETARY 2.00 X 0 0 0 LARRY KAMANITZ SPECIAL APPOINTMENT 2.00 X 0 0 0 RODOLFO BELTRAN DIRECTOR 1.00 X 0 0 0 SUSAN SILBERMAN DIRECTOR 1.00 X 0 0 0 LIDIA PAZ-BAKER DIRECTOR 1.00 X 0 0 0 VIC BROCCOLINO DIRECTOR 1.00 X 0 0 0 JEAN WYMAN DIRECTOR 1.00 X 0 0 0 RON DIGGS DIRECTOR 1.00 X 0 0 0 MATT PENATER DIRECTOR 1.00 X 0 0 0 JOANIE YOUNG DIRECTOR 1.00 X 0 0 0 SAM HIMMELRICH DIRECTOR 1.00 X 0 0 0 JAN WAGNER PRESIDENT 40.00 X X 115375 0 7452 115375 0 7452 1 0 0 0 0 1378241 1378241 PROGRAM SERVICE FEES - 900099 11000 11000 11000 87978 87978 57510 0 57510 57510 57510 17155 13400 3755 3755 SALES INCOME RECOVERY 900099 588 588 LOSS FROM SUBSIDIARY 900099 -10605 -10605 -10017 1528467 58493 0 91733 701113 701113 35000 35000 512971 373580 67703 71688 24256 17911 2908 3437 55580 40230 7630 7720 42410 30885 5598 5927 38766 16300 19498 2968 12032 12032 28869 28869 149 149 855 812 43 3799 2849 760 190 20527 17037 3079 411 54133 42223 10827 1083 3249 2697 487 65 16756 1123 816 14817 7567 6281 1135 151 8199 5575 2460 164 OTHER PROGRAM SERVICES 16250 16250 STATIONERY AND PRINTING 12565 10052 1885 628 UTILITIES 5623 4667 844 112 MAINTENANCE CONTRACTS 5266 4371 790 105 25441 15881 8198 1362 1631376 1373855 134618 122903 547630 777880 1141078 992282 2647274 2689831 7518 8168 108350 76625 25533 31725 5999839 6415795 18030 17982 10386902 10933663 47201 23929 37960 10043 18030 17982 103191 51954 X 6352906 6888915 671950 410807 3258855 3581987 10283711 10881709 10386902 10933663 -102909 700908 0 X 0 1 X 1 0 X 738646 1013868 1419401 1235244 1378241 5785400 738646 1013868 1419401 1235244 1378241 5785400 720120 5065280 29504 23311 17910 60506 77373 208604 5994004 55000 0.84510 0.88710 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3258855 3258855 3256330 2525 3258855 2893377 362953 3256330 2633682 259695 2893377 2376217 257465 2633682 0 0 108350 76625 31725 31725 887445 C SECURITIES AND OTHER INVESTMENTS 5528350 F 6415795 DEFERRED COMPENSATION PAYABLE 17982 17982 2199918 700908 700908 1499010 28869 588 29457 1528467 1601920 0 1601920 28869 587 29456 1631376 PART XI, LINE 4B - OTHER ADJUSTMENTS: SALES INCOME RECOVERY 588. PART XII, LINE 4B - OTHER ADJUSTMENTS: SALES INCOME RECOVERY 588. ROUNDING -1. PART X, LINE 2: FIN 48 (FASB ASC 740) "THE ORGANIZATION HAS NO POSITIONS THAT WOULD REQUIRE DISCLOSURE OR RECOGNITION OF 'UNRECOGNIZED TAX BENEFITS'. THE ORGANIZATION FILES INFORMATIONAL RETURNS IN THE U.S. FEDERAL JURISDICTION, AND WITH FEW EXCEPTIONS, IS NO LONGER SUBJECT TO U.S. FEDERAL, STATE, OR LOCAL TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 06/30/10." 0 0 0 0 0 0 0 0 0 0 SCHOLARSHIPS ISRAEL 8 35000 CASH PAYMENT BOOK 0 0 0 0 0 0 STUDENT AWARD CEREMONY 7155 7155 9140 4260 COLLEGE CASH 10000 10000 1 17155 17155 9140 4260 13400 3755 1 LOANS 79 303500 BOOK GRANTS 270 701113 BOOK X X 0 1 0 0 0 0 0 0 0 JAN WAGNER PRESIDENT RUSS CAUSEY OWNER OF CMD OUTSOURCING SOLUTIONS 10800 CMD OUTSOURCING SOLUTIONS MANAGES STUDENT AND WEB INQUIRIES. THEY CHARGE A MONTHLY FEE FOR THEIR SERVICES. 0 FORM 990, PART VI, SECTION A, LINE 2 THE ORGANIZATION HAS A REVOCABLE REMAINDER INTEREST IN THE SILBERMAN TRUST, FOR WHICH SUSAN SILBERMAN, A BOARD MEMBER, HAS A LIFETIME INTEREST IN THE TRUST. THE MAIN HOLDING OF THE TRUST IS 30% OF THE STOCK OF LAYDON PARK, INC., FOR WHICH CSB HOLDS THE REMAINING 70% OF THE STOCK. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE DIRECTORS PRIOR TO FILING. THE FORM IS ALSO DISTRIBUTED ELECTRONICALLY TO ALL MEMBERS OF THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED BY A REVIEW AT THE ANNUAL MEETING OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15 COMPARISON DATA OBTAINED FROM THE MARYLAND ASSOCIATION OF NONPROFIT ORGANIZATIONS (AN OUTSIDE AGENCY), REVIEWED BY EXECUTIVE COMMITTEE AND APPROVED BY THE ENTIRE BOARD. FORM 990, PART VI, SECTION C, LINE 18 FORM 990 IS AVAILABLE ON GUIDESTAR AND UPON REQUEST. FORM 1023 IS AVAILABLE UPON REQUEST. THE ORGANIZATION IS CURRENTLY NOT REQUIRED TO FILE FORM 990-T. THE ORGANIZATION SENDS ITS FORM 990 TO GUIDESTAR AND POSTS IT TO ITS OWN WEBSITE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST AND POSTS THEM TO ITS OWN WEBSITE. LAYDON PARK INC 6 PARK CENTER COURT OWINGS MILLS MD 21117 520787708 RENTAL REAL ESTATE MD C 57466 181193 0.70000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 LAYDON PARK INC S 68116 DIVIDENDS RECEIVED