Nonprofit · EIN 46-2888683
ELITE ACADEMY SCHOLARSHIP FUND
Tax-exempt (reinstated) · BROOKLYN, NY 11214
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $22,434 | $60,752 | -$38,318 | $58,439 | $631 | $57,808 |
| December 31, 2023 | 990-EZ | $113,901 | $16,550 | $97,351 | $97,001 | $875 | $96,126 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $22,434
- Program service revenue
- $0
- Investment income
- $0
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $1,200
- Other expenses
- $59,552
- Program services (functional)
- $65,752
Balance sheet and other
- Total assets, start of year
- $97,001
- Total assets, end of year
- $58,439
- Total liabilities, end of year
- $631
- Net assets, end of year
- $57,808
- Cash, savings and investments
- $58,439
- Gross receipts
- $22,434
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YELENA SOKOLIN | DIRECTOR/PRESIDENT | 5 | $0 |
| ALEX ZOLLER | DIRECTOR | 5 | $0 |
| FELIKS SOKOLIN | DIRECTOR | 5 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| YELENA SOKOLIN | DIRECTOR/PRESIDENT | 5 | $0 |
| DANIEL ESTRIN | DIRECTOR | 5 | $0 |
| ALINA BENIAMINOVA | DIRECTOR | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 2115 BENSON AVE, BROOKLYN, NY 11214-5386
- Signed the 990-EZ
- YELENA SOKOLIN, DIRECTOR
- Phone
- (718) 373-0960
- Return prepared by
- UNIVERSAL CPA PC
Mission
TO PROVIDE SCHOLARSHIPS TO BE USED FOR TUITION TO UNDERPRIVILIDGED STUDENTS SEEKING TO ATTEND PRIVATE SCHOOLS AND COLLEGES
Program accomplishments
- TO PROVIDE SCHOLARSHIPS TO BE USED FOR TUITION TO UNDERPRIVILIGEDSTUDENTS SEEKING TO ATTEND PRIVATE SCHOOLS AND COLLEGES.Expenses $65,752
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 46-2888683
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $58,439
- Income (IRS master file)
- $22,434
Revocation and reinstatement
- Exemption revoked
- May 15, 2016
- Posted by the IRS
- August 8, 2016
- Reinstated
- Effective November 15, 2016
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $22,434 | $60,752 | $58,439 | IRS |
| 990-EZ | December 2023 | $113,901 | $16,550 | $97,001 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | 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 46-2888683).
Questions about ELITE ACADEMY SCHOLARSHIP FUND
- What is the EIN of ELITE ACADEMY SCHOLARSHIP FUND?
- The employer identification number (EIN) of ELITE ACADEMY SCHOLARSHIP FUND is 46-2888683.
- Is ELITE ACADEMY SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2016 and reinstated it effective November 15, 2016.
- Are donations to ELITE ACADEMY SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ELITE ACADEMY SCHOLARSHIP FUND file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ELITE ACADEMY SCHOLARSHIP FUND due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did ELITE ACADEMY SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who are the officers and directors of ELITE ACADEMY SCHOLARSHIP FUND?
- The 990-EZ for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does ELITE ACADEMY SCHOLARSHIP FUND have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $22,434, expenses of $60,752 and total assets of $58,439 at year end.
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