2014-08-26T13:59:39-05:00 2013-12-31 221430039 SOBEL AND CO LLC CPA'S 293 EISENHOWER PARKWAY LIVINGSTON NJ 070391711 990 2013-01-01 222354475 TRI-COUNTY SCHOLARSHIP FUND TRI- 9739849600 4 CENTURY DRIVE NO 2ND FL PARSIPPANY NJ 07054 GREGORY FLOYD PRESIDENT 9739849600 2014-08-26 1 RON MATAN P01277732 9739949494 2014-08-26 2013 2015-11-30 17:44:51Z GREGORY FLOYD 4 CENTURY DRIVE PARSIPPANY NJ 07054 3137201 0 X WWW.TCSFUND.ORG X 1981 NJ TO PROVIDE SCHOLARSHIP ASSISTANCE, BASED SOLELY ON FINANCIAL NEED, FOR CHILDREN TO ATTEND PRIVATE SCHOOL. 39 39 3 75 0 0 1641584 1491154 0 0 -5709 140723 -84558 -90907 1551317 1540970 1283678 1217781 0 0 232409 204815 0 0 136214 133603 144465 1649690 1567061 -98373 -26091 2513439 2580149 637313 615196 1876126 1964953 X THE MISSION OF TRI-COUNTY SCHOLARSHIP FUND IS TO RAISE MONEY TO PROVIDE FINANCIAL SUPPORT TO DESERVING AND ECONOMICALLY DISADVANTAGED CHILDREN IN MORRIS, PASSAIC AND SUSSEX COUNTIES OF NEW JERSEY, REGARDLESS OF RACE, RELIGION, OR NATIONAL ORIGIN, SO THEY CAN OBTAIN A QUALITY VALUE-CENTERED EDUCATION THROUGH ACCREDITED K-12 PRIVATE AND SECONDARY SCHOOLS. 0 0 1243999 1217781 TO PROVIDE FINANCIAL SUPPORT TO DESERVING AND ECONOMICALLY DISADVANTAGED CHILDREN TO ATTEND ACCREDITED PAROCHIAL AND PRIVATE SCHOOLS. SCHOLARSHIPS ARE AWARDED ANNUALLY TO HUNDREDS OF STUDENTS. IN 2013 TRI-COUNTY SCHOLARSHIP FUND AWARDED 456 SCHOLARSHIPS. 1243999 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 3 1 0 0 0 0 0 1 1 0 0 0 0 X 39 39 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NJ X THE ORGANIZATION 9739849600 4 CENTURY DRIVE - 2ND FLOOR PARSIPPANY NJ 07054 TIMOTHY I DUFFY ESQ CHAIR 1.00 X X 0 0 0 GEORGE RACHMIEL TREASURER 2.00 X X 0 0 0 GREGORY FLOYD PRESIDENT EX-OFFICIO/EXECU 40.00 X X 121405 0 31303 RC TOBY BABEUF TRUSTEE 0.30 X 0 0 0 BARRETT D BENCIVENGA TRUSTEE 0.30 X 0 0 0 MARK D BODE TRUSTEE 0.30 X 0 0 0 JAMES BOYD PHD TRUSTEE 0.30 X 0 0 0 ROBERT W CAVALERO TRUSTEE 0.30 X 0 0 0 JOSEPH A CHERRY TRUSTEE 0.30 X 0 0 0 BRIAN J CLARK TRUSTEE 0.30 X 0 0 0 BART J COLLI ESQ TRUSTEE 0.30 X 0 0 0 WILLIAM J COZINE TRUSTEE 0.30 X 0 0 0 THOMAS B CRANE TRUSTEE 0.30 X 0 0 0 RICK DEBEL TRUSTEE 0.30 X 0 0 0 JAMES T ELLIOT JR ESQ TRUSTEE 0.30 X 0 0 0 THOMAS J FAMULARO TRUSTEE 0.30 X 0 0 0 KELLY A FRANK TRUSTEE 0.30 X 0 0 0 WILLIAM C GASCOIGNE TRUSTEE 0.30 X 0 0 0 JOSEPH A GONNELLA TRUSTEE 0.30 X 0 0 0 COLIN GRAY TRUSTEE 0.30 X 0 0 0 THOMAS J HEALEY TRUSTEE 0.30 X 0 0 0 PETER KENNY TRUSTEE 0.30 X 0 0 0 ERNEST J LARINI TRUSTEE 0.30 X 0 0 0 THOMAS J MARINO TRUSTEE 0.30 X 0 0 0 JOSEPH J MARTINI TRUSTEE 0.30 X 0 0 0 KARL H MEISTER TRUSTEE 0.30 X 0 0 0 SUZY MORAN TRUSTEE 0.30 X 0 0 0 VIRGINIA MORIARTY TRUSTEE 0.30 X 0 0 0 A QUENTIN MURRAY III TRUSTEE 0.30 X 0 0 0 PAUL L ONDERDONK TRUSTEE 0.30 X 0 0 0 FREDERICK P PIERCE TRUSTEE 0.30 X 0 0 0 ROBERT A SAMETH TRUSTEE 0.30 X 0 0 0 PAUL C SANTUCCI TRUSTEE 0.30 X 0 0 0 JOSEPH W SPADA TRUSTEE 0.30 X 0 0 0 CHRISTOPHER J STRACCO ESQ TRUSTEE 0.30 X 0 0 0 CHARLES VARVARO TRUSTEE 0.30 X 0 0 0 ROBERT J WALDELE TRUSTEE 0.30 X 0 0 0 SUSANNE C WALDELE TRUSTEE 0.30 X 0 0 0 JOHN P WICKLOW TRUSTEE 0.30 X 0 0 0 TED KNAUSS TREASURER 0.30 X 0 0 0 121405 0 31303 1 0 1 0 0 734819 756335 1491154 101955 101955 1482167 1443399 38768 38768 38768 40125 734819 152473 -112348 -112348 21800 359 21441 21441 1540970 0 0 49816 1217781 1217781 105911 12401 44111 49399 42548 9756 7883 24909 8353 8353 15883 15883 32120 1240 11984 18896 20049 20049 150 150 14309 511 11516 2282 14581 14581 23911 23911 9262 2160 7102 2367 2367 3153 3153 PROSPECT RESEARCH 25473 25473 SPECIAL EVENTS 10468 10468 BANK FEES 8773 8773 EQUIPMENT LEASE 4858 4858 7111 2324 4787 1567061 1243999 186848 136214 115467 526928 344187 297000 175750 2713 2848 45259 42892 4734 2367 1682064 1939530 2513439 2580149 1413 12046 635900 603150 637313 615196 X 538372 548582 190830 289447 1146924 1126924 1876126 1964953 2513439 2580149 -26091 132448 -17530 0 X X 0 1 X 1 0 X 1204359 1620298 1590341 1641584 1491154 7547736 1204359 1620298 1590341 1641584 1491154 7547736 1227265 6320471 40959 44718 52820 58891 101955 299343 7847079 0.80550 0.80880 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1697151 255731 0 1952882 1561085 136066 1697151 1617143 -44270 -11788 1561085 1479372 21000 136771 -20000 1617143 1265815 273100 195850 267497 1467268 0.34000 0.58000 0.08000 0 0 35075 32708 2367 10184 10184 0 2367 X 1655888 132448 132448 1523440 17530 17530 1540970 1567061 0 1567061 0 1567061 PART X, LINE 2: THE FUND IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE AND, ACCORDINGLY, IS NOT LIABLE FOR FEDERAL AND STATE INCOME TAXES. THE FUND FOLLOWS ACCOUNTING STANDARDS THAT PROVIDE CLARIFICATION ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN THE ORGANIZATION'S FINANCIAL STATEMENTS. THE GUIDANCE PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN, AND ALSO PROVIDES GUIDANCE ON DE-RECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, DISCLOSURE AND TRANSITION. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ON UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. THE TAX YEARS SUBJECT TO AUDIT BY FEDERAL AND STATE JURISDICTIONS ARE THE YEARS 2010 AND FORWARD. NO INTEREST AND PENALTIES WERE RECORDED DURING THE YEARS ENDED DECEMBER 31,2013 AND 2012. AT DECEMBER 31, 2013 AND 2012, THERE ARE NO SIGNIFICANT INCOME TAX UNCERTAINTIES. ANNUAL DINNER 641069 610269 30800 32143 67033 GOLF TOURNAMENT 133875 124550 9325 279 7568 19190 10966 15264 774944 734819 40125 279 7568 19190 43109 82297 152443 -112318 21800 0 359 0 21800 359 359 21441 NJ 1 0 1 0 1.00000 GREGORY FLOYD 4 CENTURY DRIVE PARSIPPANY NJ 07054 0 GREGORY FLOYD 0 X 0 1 SCHOLARSHIPS 456 1217781 CASH PART I, LINE 2: THE GRANTS ARE MONITORED BY THE ORGANIZATION AS THEY ARE GIVEN OUT TO THE SCHOOLS TO ENSURE THAT THEY ARE BEING GIVEN OUT APPROPRIATELY. X 0 0 0 0 0 0 0 0 0 GREGORY FLOYD PRESIDENT EX-OFFICIO/EXECU 121405 0 0 0 0 0 11141 0 20162 0 152708 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 TWO MEMBERS OF THE BOARD, ROBERT J. WALDELE AND SUSANNE C. WALDELE ARE HUSBAND AND WIFE. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 IS PROVIDED TO THE ORGANIZATIONS GOVERNING BOARD AND IN TURN THEY REVIEW IT. IF THERE ARE ANY CONCERNS THEY WILL SPEAK WITH THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR WILL REVIEW THE CONCERNS AND IF THERE IS ACTION TO TAKE, SPEAK WITH THE AUDITORS TO MAKE A RESOLUTION. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY THE GOVERNING BOARD RECEIVES THE CONFLICT OF INTEREST POLICY AND MUST SIGN THE ANNUAL STATEMENT/CERTIFICATION. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS BUDGETED PRIOR TO THE BEGINNING OF THE YEAR. THE BOARD WILL REVIEW THE BUDGET AND MAKE THE FINAL DETERMINATION OF THE COMPENSATION. IF THE BOARD IS IN AGREEMENT, THE BUDGET WILL BE APPROVED WITH THE FINAL COMPENSATION AMOUNT. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS FORM 1023 AND 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C THE OVERSIGHT PROCESS OF THE AUDIT HAS NOT CHANGED FROM THE PRIOR YEAR.