Nonprofit · EIN 88-1302574
RAY MIKOVITS MEMORIAL SCHOLARSHIP FUND
Tax-exempt · CRANFORD, NJ 07016
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $51,000 | $51,213 | -$213 | $3,756 | – | $3,756 |
| December 31, 2024 | 990-EZ | $50,390 | $47,482 | $2,908 | $3,969 | – | $3,969 |
| December 31, 2023 | 990-EZ | $61,623 | $65,723 | -$4,100 | $1,061 | – | $1,061 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $2,600
- Net income from fundraising events
- $48,400
Expenses
- Grants and similar amounts paid
- $50,000
- Compensation of officers, directors and key employees
- $0
- Other expenses
- $1,213
- Program services (functional)
- $50,000
Balance sheet and other
- Total assets, start of year
- $3,969
- Total assets, end of year
- $3,756
- Total liabilities, end of year
- –
- Net assets, end of year
- $3,756
- Cash, savings and investments
- $3,756
- Gross receipts
- $130,466
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LISA MIKOVITS | PRESIDENT | 10 | $0 |
| KEVIN MIKOVITS | TREASURER | 1 | $0 |
990-EZ for the year ended December 31, 2024: 2 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LISA MIKOVITS | PRESIDENT | 10 | $0 |
| KEVIN MIKOVITS | TREASURER | 1 | $0 |
990-EZ for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LISA MIKOVITS | PRESIDENT | 10 | $0 |
| KEVIN MIKOVITS | SECRETARY | 1 | $0 |
| JOHN BRUTHER | TREASURER | 0.5 | $0 |
Address and contacts
- Address (IRS master file)
- 130 OAK LN, CRANFORD, NJ 07016-2040
- In care of
- % LISA MIKOVITZ
- Signed the 990-EZ
- Lisa Mikovits, President
Mission
TO PROVIDE ADVANCEMENT OF EDUCATIONAL OPPURTUNITIES FOR UNDERPRIVILEGED CHILDREN AND YOUNG ADULTS OF THE COMMUNITY WITH SCHOLARSHIPS IN FURTHERANCE OF EDUCATIONAL OPPURTUNITIES AT SECONDARY AND POST SECONDARY EDUCATIONAL INSTITUTIONS.
Program accomplishments
- To provide advancement of educational opportunities for underprivileged children and young adults of the community with scholarships in furtherance of educational opportunities at secondary and post-secondary educational institutions.Expenses $50,000 · grants $50,000
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-EZ 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
- 88-1302574
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $3,756
- Income (IRS master file)
- $130,466
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $51,000 | $51,213 | $3,756 | IRS |
| 990-EZ | December 2024 | $50,390 | $47,482 | $3,969 | IRS |
| 990-EZ | December 2023 | $61,623 | $65,723 | $1,061 | XML |
| 990-EZ | March 2023 | – | – | – | 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 88-1302574).
Questions about RAY MIKOVITS MEMORIAL SCHOLARSHIP FUND
- What is the EIN of RAY MIKOVITS MEMORIAL SCHOLARSHIP FUND?
- The employer identification number (EIN) of RAY MIKOVITS MEMORIAL SCHOLARSHIP FUND is 88-1302574.
- Is RAY MIKOVITS MEMORIAL SCHOLARSHIP FUND tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to RAY MIKOVITS MEMORIAL SCHOLARSHIP FUND tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RAY MIKOVITS MEMORIAL SCHOLARSHIP FUND 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 RAY MIKOVITS MEMORIAL SCHOLARSHIP FUND due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RAY MIKOVITS MEMORIAL SCHOLARSHIP FUND last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of RAY MIKOVITS MEMORIAL SCHOLARSHIP FUND?
- The 990-EZ for the year ended December 31, 2025 lists 2 people; 0 received compensation from the organization.
- How much revenue does RAY MIKOVITS MEMORIAL SCHOLARSHIP FUND have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $51,000, expenses of $51,213 and total assets of $3,756 at year end.
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