Nonprofit · EIN 06-1494714
KIDS SCHOLARSHIP FUND INC
Tax-exempt · MADISON, CT 06443
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $766,050 | $1,124,737 | -$358,687 | $13,417,389 | $0 | $13,417,389 |
| June 30, 2024 | 990 | $602,622 | $1,038,491 | -$435,869 | $12,914,324 | $0 | $12,914,324 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $202,315
- Program service revenue
- $0
- Investment income
- $563,735
- Net gain from sales of assets
- $198,414
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $785,931
- Compensation of officers, directors and key employees
- $133,751
- Other salaries and wages
- $51,550
- Salaries, compensation and benefits (total)
- $204,735
- Professional fundraising fees
- $0
- Legal fees
- $393
- Accounting fees
- $12,000
- Travel
- $6,539
- Program services (functional)
- $854,133
- Management and general (functional)
- $127,979
- Fundraising (functional)
- $142,625
Balance sheet and other
- Total assets, start of year
- $12,914,324
- Total assets, end of year
- $13,417,389
- Total liabilities, end of year
- $0
- Net assets, end of year
- $13,417,389
- Publicly traded securities
- $13,300,251
- Net assets without donor restrictions
- $5,370,358
- Net assets with donor restrictions
- $8,047,031
- Gross receipts
- $1,417,636
- Employees
- 2
- Volunteers
- 5
- Year formed
- 1998
- State of legal domicile
- CT
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICOLE TALMADGE | EXECUTIVE DIRECTOR Officer | 40 | $129,383 |
| LEWIS ANDREWS | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JAMES ALBER | TREASURER Trustee or director, Officer | 1 | $0 |
| BRIAN BOYD | SECRETARY Trustee or director, Officer | 1 | $0 |
| ANDREW JONES | DIRECTOR Trustee or director | 1 | $0 |
| ASHLEY MARTELLA | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended June 30, 2024: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| NICOLE TALMADGE | EXECUTIVE DIRECTOR Officer | 40 | $62,508 |
| LEWIS ANDREWS | PRESIDENT AND CHAIR Trustee or director, Officer | 1 | $0 |
| DAVID G BOHN | VICE CHAIR Trustee or director, Officer | 1 | $0 |
| JAMES ALBER | TREASURER Trustee or director, Officer | 1 | $0 |
| ASHLEY MARTELLA | SECRETARY Trustee or director, Officer | 1 | $0 |
| BRIAN BOYD | DIRECTOR Trustee or director | 1 | $0 |
| ANDREW JONES | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 833, MADISON, CT 06443-0833
- Principal officer (990 for 2024)
- NICOLE TALMADGE, PO BOX 833, MADISON, CT 06443
- Signed the 990
- NICOLE TALMADGE, EXECUTIVE DIRECTOR
- Phone
- (203) 980-0904
- Website
- CEOCT.ORG
- Return prepared by
- WHITTLESEY PC
Mission
THE KIDS' SCHOLARSHIP FUND HELPS CONNECTICUT CHILDREN FROM LOW-INCOME FAMILIES REACH THEIR FULL POTENTIAL BY PROVIDING EQUAL ACCESS TO A HIGH-QUALITY, FOUNDATIONAL K-8 EDUCATION THROUGH NEED-BASED SCHOLARSHIPS THAT EMPOWER FAMILIES TO CHOOSE PRIVATE SCHOOLS WHERE THEIR CHILDREN CAN LEARN, GROW, AND THRIVE.
Program accomplishments
- SINCE 1995, CEO FOUNDATION OF CT HAS AWARDED MORE THAN $22MILLION TO OVER 10,000 CHILDREN. RECENTLY, CEO LAUNCHED THE KIDS' SCHOLARSHIP FUND (KSF) TO FOCUS ON INCREASING THE NUMBER OF K-8 SCHOOL SCHOLARSHIPS AVAILABLE TO CONNECTICUT'S UNDERSERVED FAMILIES AND CHILDREN. EACH YEAR KSF RECEIVES NEARLY 1,000 QUALIFIED APPLICATIONS FOR 375 COVETED SCHOLARSHIPS. KSF IS PROUD TO MAKE A DIFFERENCE IN THE LIVES OF THESE 375 CHILDREN, BUT STRIVES TO SERVE ALL IN NEED.MOVING FORWARD, KIDS' SCHOLARSHIP FUND WILL FOCUS ON EXPANDING ACCESS BY INCREASING ANNUAL FUNDRAISING TO MEET THE INCREASING NEED AND BY EDUCATING PARENTS AND GUARDIANS ABOUT THE BENEFITS OF QUALITY EDUCATION, WHILE MAINTAINING RELATIONSHIPS WITH FAMILIES AND STUDENTS AS THEY MOVE THROUGH HIGH SCHOOL, TECHNICAL SCHOOL AND COLLEGE, AND CAREERS/LIFE. WE WILL CONTINUE TO MEASURE IMPACT AND SUCCESS, WORKING CLOSELY WITH OUR PARTNER SCHOOLS TO ENSURE PRIVATE, PAROCHIAL, RELIGIOUS AND NON-RESIDENCY EDUCATION OPTIONS REMAIN AVAILABLE TO LOW-INCOME FAMILIES. WITH OUR ALUMNI SCHOLARS AND THEIR FAMILIES, WE WILL CREATE A PAY IT FORWARD MOVEMENT TO HELP FUTURE STUDENTS.Expenses $854,133 · grants $785,931
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 06-1494714
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $13,417,389
- Income (IRS master file)
- $1,417,636
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $766,050 | $1,124,737 | $13,417,389 | XML |
| 990 | June 2024 | $602,622 | $1,038,491 | $12,914,324 | XML |
| 990 | June 2023 | $538,610 | $998,752 | $12,347,688 | IRS |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 06-1494714).
Questions about KIDS SCHOLARSHIP FUND INC
- What is the EIN of KIDS SCHOLARSHIP FUND INC?
- The employer identification number (EIN) of KIDS SCHOLARSHIP FUND INC is 06-1494714.
- Is KIDS SCHOLARSHIP FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to KIDS SCHOLARSHIP FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does KIDS SCHOLARSHIP FUND INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of KIDS SCHOLARSHIP FUND INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did KIDS SCHOLARSHIP FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of KIDS SCHOLARSHIP FUND INC?
- The 990 for the year ended June 30, 2025 names NICOLE TALMADGE.
- Who are the officers and directors of KIDS SCHOLARSHIP FUND INC?
- The 990 for the year ended June 30, 2025 lists 6 people; 1 received compensation from the organization, the highest $129,383 (NICOLE TALMADGE, EXECUTIVE DIRECTOR).
- How much revenue does KIDS SCHOLARSHIP FUND INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $766,050, expenses of $1,124,737 and total assets of $13,417,389 at year end.
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