Nonprofit · EIN 22-3769485
THOMAS I GLASSER MEMORIAL SCHOLARSHIP FUND INC
Tax-exempt · SUMMIT, NJ 07902
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $85,822 | $32,049 | $53,773 | $53,773 | $0 | $53,773 |
| September 30, 2024 | 990 | $78,731 | $17,788 | $60,943 | $0 | $0 | $0 |
| September 30, 2023 | 990 | $36,023 | $14,561 | $21,462 | $201,948 | $0 | $201,948 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $36,444
- Program service revenue
- $0
- Investment income
- $49,378
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $26,500
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $28,826
- Management and general (functional)
- $2,047
- Fundraising (functional)
- $1,176
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $53,773
- Total liabilities, end of year
- $0
- Net assets, end of year
- $53,773
- Net assets without donor restrictions
- $53,773
- Gross receipts
- $85,822
- Employees
- 0
- Volunteers
- 5
- Year formed
- 2001
- State of legal domicile
- NJ
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL CANTONE | PRESIDENT Trustee or director | 2 | $0 |
| RUDY GARITA | VICE PRESIDENT Trustee or director | 2 | $0 |
990 for the year ended September 30, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TOM BUTLER | TREASURER Trustee or director | 2 | $0 |
| MICHAEL CANTONE | PRESIDENT Trustee or director | 2 | $0 |
| RUDY GARITA | VICE PRESIDENT Trustee or director | 2 | $0 |
990 for the year ended September 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| THOMAS RICH | SECRETARY Trustee or director | 2 | $0 |
| TOM BUTLER | TREASURER Trustee or director | 2 | $0 |
| MICHAEL CANTONE | PRESIDENT Trustee or director | 2 | $0 |
| RUDY GARITA | VICE PRESIDENT Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 143, SUMMIT, NJ 07902-0143
- In care of
- % GERARD GNADE
- Principal officer (990 for 2024)
- MICHAEL CANTONE, 60 BROAD STREET, SUMMIT, NJ 07901
- Signed the 990
- MICHAEL CANTONE, PRESIDENT
- Phone
- (908) 771-5599
- Return prepared by
- NETWORK AGENCY INC
Mission
PROVIDING SCHOLARSHIP TO STUDENTS SEEKING DEGREES IN HIGHER EDUCATION
Program accomplishments
- THE ORGANIZATION PROVIDED SEVENTEEN $1,500.00 SCHOLARSHIPS TO STUDENTS OF THE SUMMIT, NEW JERSEY AREA WHO ARE SEEKING DEGREES QUALIFYING THEM FOR CAREERS IN THE LAW ENFORCEMENT COMMUNITYExpenses $28,826 · grants $26,500 · revenue $85,822
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 22-3769485
- 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
- 2002
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T30)
- Assets (IRS master file)
- $53,773
- Income (IRS master file)
- $85,822
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $85,822 | $32,049 | $53,773 | XML |
| 990 | September 2024 | $78,731 | $17,788 | $0 | XML |
| 990 | September 2023 | $36,023 | $14,561 | $201,948 | XML |
| 990 | September 2022 | $28,431 | $18,248 | $172,675 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | 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 22-3769485).
Questions about THOMAS I GLASSER MEMORIAL SCHOLARSHIP FUND INC
- What is the EIN of THOMAS I GLASSER MEMORIAL SCHOLARSHIP FUND INC?
- The employer identification number (EIN) of THOMAS I GLASSER MEMORIAL SCHOLARSHIP FUND INC is 22-3769485.
- Is THOMAS I GLASSER MEMORIAL SCHOLARSHIP FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to THOMAS I GLASSER MEMORIAL SCHOLARSHIP FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does THOMAS I GLASSER MEMORIAL 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 THOMAS I GLASSER MEMORIAL SCHOLARSHIP FUND INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THOMAS I GLASSER MEMORIAL SCHOLARSHIP FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of THOMAS I GLASSER MEMORIAL SCHOLARSHIP FUND INC?
- The 990 for the year ended September 30, 2025 names MICHAEL CANTONE.
- Who are the officers and directors of THOMAS I GLASSER MEMORIAL SCHOLARSHIP FUND INC?
- The 990 for the year ended September 30, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does THOMAS I GLASSER MEMORIAL SCHOLARSHIP FUND INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $85,822, expenses of $32,049 and total assets of $53,773 at year end.
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