Skip to main content

Nonprofit · EIN 88-1302574

RAY MIKOVITS MEMORIAL SCHOLARSHIP FUND

Tax-exempt · CRANFORD, NJ 07016

Financials

$62K$66K2023$50K$47K2024$51K$51K2025
Revenue Expenses · by fiscal year end
Financials of RAY MIKOVITS MEMORIAL SCHOLARSHIP FUND by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$51,000$51,213-$213$3,756–$3,756
December 31, 2024990-EZ$50,390$47,482$2,908$3,969–$3,969
December 31, 2023990-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.

NameTitleHours / weekCompensation
LISA MIKOVITSPRESIDENT10$0
KEVIN MIKOVITSTREASURER1$0
990-EZ for the year ended December 31, 2024: 2 people
NameTitleHours / weekCompensation
LISA MIKOVITSPRESIDENT10$0
KEVIN MIKOVITSTREASURER1$0
990-EZ for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
LISA MIKOVITSPRESIDENT10$0
KEVIN MIKOVITSSECRETARY1$0
JOHN BRUTHERTREASURER0.5$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.

990-EZ for the year ended December 31, 2025

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-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

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$51,000$51,213$3,756IRS
990-EZDecember 2024$50,390$47,482$3,969IRS
990-EZDecember 2023$61,623$65,723$1,061XML
990-EZMarch 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.

Other nonprofits in CRANFORD

All nonprofits in CRANFORD · New Jersey · Education