Overview

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Est.

2019

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

NEW JERSEY SCHOLARS ELITE is a nonprofit organization focused on sports, specifically using competitive basketball to help young adults and their families pursue excellence in academics, citizenship, and sportsmanship. With an operating budget of $669.5K and total revenue of $640.9K for the 2023 filing year, the organization receives significant support from major funders, including THE GOLDMAN SACHS CHARITABLE GIFT FUND, PAY IT FORWARD FOUNDATION INC, and NATIONAL BASKETBALL PLAYERS ASSOCIATION FOUNDATION. The organization does not rely on any single funder for 50% or more of its revenue. For more information, visit www.scholarsbasketball.org.

Mission Statement

TO HELP YOUNG ADULTS AND THEIR FAMILIES PURSUE EXCELLENCE IN ALL FACETS OF THEIR LIVES BY USING COMPETITIVE BASKETBALL AS A PLATFORM. THIS PURSUIT OF EXCELLENCE ENCOMPASSES ACADEMICS, CITIZENSHIP AND SPORTSMANSHIP.
Revenues
$640.9K
Expenses
$669.5K
Net Income:
-$28.6K
Assets
$15.8K
Liabilities
$0
Net Assets:
+$15.8K
Operating Budget
$669.5K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Not in Business Master File
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$20K
Largest grant received
$20K
J
James Runcie
Board Member
T
Todd Perry
Board Member
J
John Mirenda
Board Member

Frequently Asked Questions

What is NEW JERSEY SCHOLARS ELITE’s budget?
In 2023, NEW JERSEY SCHOLARS ELITE reported an annual operating budget of around $669 thousand. More detailed financial information is available to registered users.
What causes does NEW JERSEY SCHOLARS ELITE support?
NEW JERSEY SCHOLARS ELITE supports work in Sports.
Where does NEW JERSEY SCHOLARS ELITE operate?
NEW JERSEY SCHOLARS ELITE is headquartered in PRINCETON, NJ.
Who funded NEW JERSEY SCHOLARS ELITE recently?
In 2024, NEW JERSEY SCHOLARS ELITE received grants from NATIONAL BASKETBALL PLAYERS ASSOCIATION FOUNDATION, NATIONAL BASKETBALL PLAYERS ASSOCIATION FOUNDATION, and THE GOLDMAN SACHS CHARITABLE GIFT FUND. More information on this organization’s funders is available to registered users.
What is the largest grant NEW JERSEY SCHOLARS ELITE received in 2024?
The largest grant to NEW JERSEY SCHOLARS ELITE in 2024 exceeds $20 thousand.