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Nonprofit · EIN 87-1999144

GOTHAM SCHOLARS INC

Also known as GOTHAM SCHOLARS

Tax-exempt · SUMMIT, NJ 07901

Financials

$93K$48K2023$94K$60K2024
Revenue Expenses · by fiscal year end
Financials of GOTHAM SCHOLARS INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$94,334$59,811$34,523$86,663–$86,663
December 31, 2023990-EZ$92,720$48,112$44,608$52,140–$52,140
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$94,334

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$13,110
Other expenses
$46,701
Program services (functional)
$59,812

Balance sheet and other

Total assets, start of year
$52,140
Total assets, end of year
$86,663
Total liabilities, end of year
–
Net assets, end of year
$86,663
Cash, savings and investments
$86,663
Gross receipts
$94,334

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.

NameTitleHours / weekCompensation
Sheila PatelCEO40$0
Kara DanielsAdvisor Board Member1$0
Fred LeeAdvisor Board Member1$0
Varsha MathurAdvisor Board Member1$0
Sumi MaunAdvisor Board Member1$0
Madhu SouthworthAdvisor Board Member1$0
Joseph WilsonAdvisor Board Member1$0
990-EZ for the year ended December 31, 2023: 1 people
NameTitleHours / weekCompensation
Sheila PatelExecutive Director40$0

Address and contacts

Address (IRS master file)
27 LITTLE WOLF RD, SUMMIT, NJ 07901-3112
Mailing address (990-N for 2022)
27 Little Wolf Road, Summit NJ 07901
Principal officer (990-N for 2022)
Sheila Patel, 27 Little Wolf Road, Summit NJ 07901
Signed the 990-EZ
Sheila Patel, CEO
Return prepared by
Suzanne M Shea

Mission

To empower motivated public high school students

990-EZ for the year ended December 31, 2024

Program accomplishments

  • Academic Enrichment - 100 of students get accepted to 4 yr colleges with full or partial financial aid-Schools including Wiliams College, Spelman College, Stoneybrook Univ and more as well as acceptance to college summer progams
    Expenses $59,812

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
87-1999144
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
2021
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B90)
Assets (IRS master file)
$86,663
Income (IRS master file)
$94,334

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$94,334$59,811$86,663XML
990-EZDecember 2023$92,720$48,112$52,140XML
990-N for 2022
Officer: Sheila Patel
December 31, 2022≤ $50,000 receipts––e-Postcard

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 87-1999144).

Questions about GOTHAM SCHOLARS INC

What is the EIN of GOTHAM SCHOLARS INC?
The employer identification number (EIN) of GOTHAM SCHOLARS INC is 87-1999144.
Is GOTHAM SCHOLARS INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2021.
Are donations to GOTHAM SCHOLARS INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GOTHAM SCHOLARS 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 GOTHAM SCHOLARS INC 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 GOTHAM SCHOLARS INC last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of GOTHAM SCHOLARS INC?
The 990-N for 2022 names Sheila Patel.
Who are the officers and directors of GOTHAM SCHOLARS INC?
The 990-EZ for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does GOTHAM SCHOLARS INC have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $94,334, expenses of $59,811 and total assets of $86,663 at year end.

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