THANKS TO SCANDINAVIA INC: Form 990, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
THANKS TO SCANDINAVIA INC (EIN 13-6192361)
Tax period
2023-07-01 to 2024-06-30
Filed
2025-03-03
IRS object ID
202510629349300331
Schema version
2023v6.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-03-03T09:49:31-06:00ReturnTs
Tax Period End2024-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN221655803PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DORFMAN ABRAMS MUSIC LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1250 PEHLE AVE SUITE 702AddressLine1Txt
CitySADDLE BROOKCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07663ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2023-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN136192361EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THANKS TO SCANDINAVIA INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTHANBusinessNameControlTxt
Phone3478554109PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12218 BROADWAY 205AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10024ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLAURIE NETTER SPRAYREGENPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone3478554109PhoneNum
Signature2025-02-12SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPATRICIA DIAZ CPAPreparerPersonNm
PTINP01362006PTIN
Phone2014039750PhoneNum
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLAURIE NETTER SPRAYREGENPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12218 BROADWAY 205AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10024ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$7,950,550GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.THANKSTOSCANDINAVIA.ORGWebsiteAddressTxt
Type Of Organization AssocYes (X)TypeOfOrganizationAssocInd
Formation1963FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionTHANKS TO SCANDINAVIA, A SCHOLARSHIP FUND, RECOGNIZES THE ORDINARY PEOPLE WHO PERFORMED EXTRAORDINARY ACTS IN SCANDINAVIA AND BULGARIA DURING WWII THAT SAVED TENS OF THOUSANDS OF THEIR JEWISH NEIGHBORS. THANKS TO SCANDINAVIA CELEBRATES THOSE WHO DEMONSTRATED COURAGE, TOLERANCE AND CIVILITY EVEN IN DARK TIMES. TO HONOR THEIR LEGACY, THANKS TO SCANDINAVIA PROVIDES EDUCATIONAL OPPORTUNITIES FOR STUDENTS FROM SCANDINAVIA AND BULGARIA WHO ARE PUSHING THE BOUNDARIES OF KNOWLEDGE AND WORKING TO CREATE POSITIVE CHANGE IN OUR WORLD.ActivityOrMissionDesc
Voting Members Governing Body9VotingMembersGoverningBodyCnt
Voting Members Independent9VotingMembersIndependentCnt
Total Employee2TotalEmployeeCnt
Total Volunteers9TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$24,350PYContributionsGrantsAmt
CY Contributions Grants$355,435CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$226,617PYInvestmentIncomeAmt
CY Investment Income$892,339CYInvestmentIncomeAmt
PY Other Revenue$5PYOtherRevenueAmt
CY Other Revenue$679CYOtherRevenueAmt
PY Total Revenue$250,972PYTotalRevenueAmt
CY Total Revenue$1,248,453CYTotalRevenueAmt
PY Grants And Similar Paid$447,500PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$291,941CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$91,922PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$98,774CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$25,056CYTotalFundraisingExpenseAmt
PY Other Expenses$74,436PYOtherExpensesAmt
CY Other Expenses$116,871CYOtherExpensesAmt
PY Total Expenses$613,858PYTotalExpensesAmt
CY Total Expenses$507,586CYTotalExpensesAmt
PY Revenues Less Expenses-$362,886PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$740,867CYRevenuesLessExpensesAmt
Total Assets BOY$6,898,428TotalAssetsBOYAmt
Total Assets EOY$7,555,466TotalAssetsEOYAmt
Total Liabilities BOY$28,575TotalLiabilitiesBOYAmt
Total Liabilities EOY$22,014TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$6,869,853NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$7,533,452NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTHANKS TO SCANDINAVIA, A SCHOLARSHIP FUND, RECOGNIZES THE ORDINARY PEOPLE WHO PERFORMED EXTRAORDINARY ACTS IN SCANDINAVIA AND BULGARIA DURING WWII THAT SAVED TENS OF THOUSANDS OF THEIR JEWISH NEIGHBORS. THANKS TO SCANDINAVIA CELEBRATES THOSE WHO DEMONSTRATED COURAGE, TOLERANCE AND CIVILITY EVEN IN DARK TIMES. TO HONOR THEIR LEGACY, THANKS TO SCANDINAVIA PROVIDES EDUCATIONAL OPPORTUNITIES FOR STUDENTS FROM SCANDINAVIA AND BULGARIA WHO ARE PUSHING THE BOUNDARIES OF KNOWLEDGE AND WORKING TO CREATE POSITIVE CHANGE IN OUR WORLD.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$399,127ExpenseAmt
Grant$291,941GrantAmt
DescTHANKS TO SCANDINAVIA PROVIDES SCHOLARSHIPS EACH YEAR FOR STUDENTS FROM SCANDINAVIA AND BULGARIA WHO ARE PUSHING THE BOUNDARIES OF KNOWLEDGE AND WORKING TO CREATE POSITIVE CHANGE IN OUR WORLD THROUGH THEIR GRADUATE STUDIES IN THE UNITED STATES AND ISRAEL. THANKS TO SCANDINAVIA PROVIDES THE SCHOLARSHIPS TO HONOR THE LEGACY OF THOSE WHO DEMONSTRATED COURAGE, TOLERANCE AND CIVILITY DURING WORLD WAR II BY PROTECTING THEIR JEWISH NEIGHBORS.Desc
Total Program Service Expenses$399,127TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To OrgYes (1)MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee2EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members9GoverningBodyVotingMembersCnt
Independent Voting Member9IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldVAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldRIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCTStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldPAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldKSStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldGAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonKELLY RAMOTPersonNm
Phone3478554109PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12218 BROADWAYAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10024ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
EDWARD BERMAN
DIRECTOR (TERM DEC. 2023)1.00Yes (X)$0$0$0
DAVID BLOCH
DIRECTOR1.00Yes (X)$0$0$0
REBECCA NEUWIRTH
DIRECTOR1.00Yes (X)$0$0$0
ANBJORG KNUTTSON
ALUMNI AMBASSADOR1.00Yes (X)$0$0$0
AMIR SHAVIV
DIRECTOR1.00Yes (X)$0$0$0
NANCY PETSCHEK-KOHN
DIRECTOR1.00Yes (X)$0$0$0
PAUL KOREN
DIRECTOR (TERM NOV. 2023)1.00Yes (X)$0$0$0
KIM LARSON
VICE PRESIDENT1.00Yes (X)$0$0$0Yes (X)
LAURIE NETTER SPRAYREGEN
PRESIDENT5.00Yes (X)$0$0$0Yes (X)
RONDA LUBIN
SECRETARY1.00Yes (X)$0$0$0Yes (X)
ELLEN RACHLIN
TREASURER1.00Yes (X)$0$0$0Yes (X)
KELLY RAMOT
EXECUTIVE DIRECTOR20.00$81,667$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$81,667TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
All Other Contributions$355,435AllOtherContributionsAmt
Total Contributions$355,435TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$174,957TotalRevenueColumnAmt
Exclusion$174,957ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$7,419,479SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$6,702,097SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$717,382SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$717,382TotalRevenueColumnAmt
Related Or Exempt Func Income$717,382RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS REVENUEDesc
Business900099BusinessCd
Total Revenue Column$679TotalRevenueColumnAmt
Exclusion$679ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$679OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,248,453TotalRevenueColumnAmt
Related Or Exempt Func Income$717,382RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$175,636ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$119,441TotalAmt
Program Services$119,441ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$125,000TotalAmt
Program Services$125,000ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

FieldValueIRS element (for citing)
Total$47,500TotalAmt
Program Services$47,500ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$85,667TotalAmt
Program Services$55,684ProgramServicesAmt
Management And General$29,983ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$5,100TotalAmt
Program Services$5,100ProgramServicesAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$1,063TotalAmt
Program Services$710ProgramServicesAmt
Management And General$353ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$6,944TotalAmt
Program Services$4,652ProgramServicesAmt
Management And General$2,292ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$1,442TotalAmt
Management And General$1,442ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$34,848TotalAmt
Management And General$34,848ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$16,432TotalAmt
Program Services$8,470ProgramServicesAmt
Management And General$7,962ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$13,778TotalAmt
Program Services$13,778ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$2,702TotalAmt
Management And General$2,702ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmt
FUNDRAISING EXPENSES$25,056$25,056
OTHER FEES$13,316$12,514$802
DUES AND SUBCRIPTIONS$5,417$2,678$2,739
STATE REGISTRATION FEES$3,600$3,600

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$280TotalAmt
Management And General$280ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$507,586TotalAmt
Program Services$399,127ProgramServicesAmt
Management And General$83,403ManagementAndGeneralAmt
Fundraising$25,056FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$52,726BOYAmt
EOY$275,066EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
EOY$560EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$679EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$8,543BOYAmt
EOY$8,285EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$6,837,159BOYAmt
EOY$7,270,876EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$6,898,428BOYAmt
EOY$7,555,466EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$28,575BOYAmt
EOY$22,014EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$28,575BOYAmt
EOY$22,014EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,773,577BOYAmt
EOY$6,314,345EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,096,276BOYAmt
EOY$1,219,107EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,869,853BOYAmt
EOY$7,533,452EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$6,898,428BOYAmt
EOY$7,555,466EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$740,867ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$56,047NetUnrlzdGainsLossesInvstAmt
Investment Expense-$21,221InvestmentExpenseAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$44,182CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$85,703CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$49,175CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$24,350CurrentTaxYearMinus1YearAmt
Current Tax Year$355,435CurrentTaxYearAmt
Total$558,845TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$44,182CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$85,703CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$49,175CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$24,350CurrentTaxYearMinus1YearAmt
Current Tax Year$355,435CurrentTaxYearAmt
Total$558,845TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$558,845PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$170,521CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$850,256CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$298,439CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$226,617CurrentTaxYearMinus1YearAmt
Current Tax Year$892,339CurrentTaxYearAmt
Total$2,438,172TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$251CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,147CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$282CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5CurrentTaxYearMinus1YearAmt
Current Tax Year$679CurrentTaxYearAmt
Total$2,364TotalAmt
FieldValueIRS element (for citing)
Total Support$2,999,381TotalSupportAmt
Public Support CY1700.18630PublicSupportCY170Pct
Public Support PY1700.11330PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,086,276BeginningYearBalanceAmt
Investment Earnings Or Losses$105,331InvestmentEarningsOrLossesAmt
End Year Balance$1,191,607EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,016,174BeginningYearBalanceAmt
Investment Earnings Or Losses$70,102InvestmentEarningsOrLossesAmt
End Year Balance$1,086,276EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,296,738BeginningYearBalanceAmt
Investment Earnings Or Losses-$153,954InvestmentEarningsOrLossesAmt
Other Expenditures$126,610OtherExpendituresAmt
End Year Balance$1,016,174EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,091,318BeginningYearBalanceAmt
Investment Earnings Or Losses$205,420InvestmentEarningsOrLossesAmt
End Year Balance$1,296,738EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,159,366BeginningYearBalanceAmt
Investment Earnings Or Losses$78,502InvestmentEarningsOrLossesAmt
Other Expenditures$146,550OtherExpendituresAmt
End Year Balance$1,091,318EndYearBalanceAmt
FieldValueIRS element (for citing)
Prmnnt Endowment Balance EOY0.55641PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.44359TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$1,171,185TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$56,047NetUnrealizedGainsInvstAmt
Revenue Not Reported-$56,047RevenueNotReportedAmt
Revenue Subtotal$1,227,232RevenueSubtotalAmt
Investment Expenses Not Incld$21,221InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$21,221RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$1,248,453TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$507,586TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$507,586ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$507,586TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationTHANKS TO SCANDINAVIA IS A TAX-EXEMPT ORGANIZATION AS DEFINED BY SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE ORGANIZATION HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS IN JURISDICTIONS FOR WHICH IT HAS NEXUS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.ExplanationTxt

Schedule F IRS990ScheduleF

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtSpecific Services ProvidedSpecificServicesProvidedTxtRegion Total ExpendituresRegionTotalExpendituresAmt
MIDDLE EAST00GRANTS TO RECIPIENTS LOCATED IN REGIONGRANTS TO RECIPIENTS LOCATED IN REGIONSCHOLARSHIP FOR SUMMER STUDIES TO 3 STUDENTS FROM SCANDINAVIA.$7,500
EUROPE00GRANTS TO RECIPIENTS LOCATED IN REGIONSCHOLARSHIP FOR TWO BULGARIAN STUDENTS TO STUDY IN THE U.S.$40,000
FieldValueIRS element (for citing)
Subtotal Offices0SubtotalOfficesCnt
Subtotal Employees0SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office0TotalOfficeCnt
Total Employee0TotalEmployeeCnt
Subtotal Spent$47,500SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$47,500TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (2 entries)

RegionRegionTxtPurpose Of GrantPurposeOfGrantTxtCash GrantCashGrantAmtManner Of Cash DisbursementMannerOfCashDisbursementTxtNon Cash AssistanceNonCashAssistanceAmt
MIDDLE EASTSCHOLARSHIPS$7,500WIRE TRANSFER$0
EUROPESCHOLARSHIPS$40,000WIRE TRANSFER$0
FieldValueIRS element (for citing)
Transfer To Foreign Corp0TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp Ownership0ForeignCorpOwnershipInd
Passive Foreign Investmest Co0PassiveForeignInvestmestCoInd
Foreign Partnership0ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION REVIEWS APPLICATIONS FROM THE SCHOLARSHIP APPLICANTS AND SELECTS THE FINAL SCHOLARSHIP RECIPIENT. THE ORGANIZATION TRANSFERS THE SCHOLARSHIP MONEY TO ORGANIZATIONS OUTSIDE THE U.S. THOSE ORGANIZATIONS DISBURSE THE FUNDS TO THE SCHOLARSHIP RECIPIENTS.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
COLUMBIA UNIVERSITY
116TH ST BROADWAYNEW YORKNY10027135598093$39,441$0SCHOLARSHIP
BERKLEE COLLEGE OF MUSIC
1140 BOYLSTON STREETBOSTONMA02215042300472$20,000$0SCHOLARSHIP
MANHATTAN SCHOOL OF MUSIC
120 CLAREMONT AVENUENEW YORKNY10027131656667$30,000$0SCHOLARSHIP
NEW YORK UNIVERSITY
238 THOMPSON STREETNEW YORKNY10012135562308$10,000$0SCHOLARSHIP
GEORGETOWN UNIVERSITY
3700 O ST NWWASHINGTONDC20057530196603$20,000$0SCHOLARSHIP

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient8RecipientCnt
Cash Grant$125,000CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE GRANT AMOUNTS ARE SET EACH YEAR BY THE BOARD OF DIRECTORS. THE SCHOLARSHIP APPLICANTS GO THROUGH A RIGOROUS APPLICATION PROCESS WHICH INCLUDES DEMONSTRATING FINANCIAL NEED. THE GRANT SELECTION COMMITTEE EVALUATES THE APPLICANTS TO SELECT THE BEST APPLICANTS TO RECEIVE THE SCHOLARSHIPS BASED ON OUR SELECTION CRITERIA.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD OF DIRECTORS REVIEWS THE FORM 990 IN DETAIL PRIOR TO SUBMISSION TO THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CEACH BOARD MEMBER AND KEY STAFF MUST REVIEW AND SIGN THE CONFLICT OF INTEREST POLICY EACH YEAR. IF THERE ANY CONFLICTS, THEY ARE REVIEWED AND DISCUSSED AND THEN RESOLVED AS NECESSARY.
FORM 990, PART VI, SECTION B, LINE 15THE PRESIDENT OF THE ORGANIZATION SPOKE WITH OUTSIDE LEGAL COUNSEL WHO ADVISED THE PRESIDENT AN APPROPRIATE LEVEL OF COMPENSATION BASED ON THE POSITION AND TIME AND EFFORT REQUIRED. THE PRESIDENT THEN PRESENTED THIS INFORMATION TO THE BOARD FOR THEIR APPROVAL OF THE COMPENSATION.
FORM 990, PART VI, SECTION C, LINE 19THANKS TO SCANDINAVIA MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTERESTS POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC BY PROVIDING COPIES UPON REQUEST.
FORM 990, PART XII, LINE 2C:THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT ACCOUNTANT. PROCESS HAS NOT CHANGED FROM PRIOR YEARS.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.