Form 990 for tax year 2024
Filed by CATHOLIC BUSINESS NETWORK OF WASHINGTON DC SCHOLARSHIP GRANT FO.
Totals
- Total revenue
- $117,307
- Total expenses
- $116,989
- Contributions and grants received
- $126,943
- Grants paid
- $111,815
- Program service revenue
- $0
- Investment income
- $605
- Other revenue
- -$10,241
- Total assets, end of year
- $136,676
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $136,676
- Program services expenses (Part IX)
- $113,088
- Management and general expenses
- $3,901
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $113,088
Program services were 96.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$126,943
-
3 · Investment income
total $605 · excluded $605
-
8a · Fundraising events: gross income
$82,451
-
8a · Fundraising events: contributions included on line 1c
$126,943
-
8b · Fundraising events: direct expenses
$92,692
-
8c · Net income from fundraising events
total -$10,241 · excluded -$10,241
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $111,815 · program services $111,815
-
12 · Advertising and promotion
total $1,273 · program services $1,273
-
24a · Other expenses: Charges & Fees
total $3,494 · management and general $3,494
-
24b · Other expenses: Miscellaneous
total $407 · management and general $407
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $122,331 · end of year $65,331
-
2 · Savings and temporary cash investments
beginning of year $14,027 · end of year $71,345
-
27 · Net assets without donor restrictions
beginning of year $136,358 · end of year $136,676
Mission and programs · 2024
Mission
To network / support Catholic education.
-
To foster a connection between schools, school families and Catholic businesses and professionals to provide a strengthened local community and support for Catholic education.
Expenses $113,088 · Grants $111,815
As filed on the 2024 return.
Listed in Part VII
-
Anthony Cancelosi
Director
- Total calculated
- $0
- Hours/week
- 1
-
Dan Kerns
Director
- Total calculated
- $0
- Hours/week
- 1
-
Jeffrey Paravano
Director
- Total calculated
- $0
- Hours/week
- 1
-
John T Butler
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mike Pascale
Director
- Total calculated
- $0
- Hours/week
- 1
-
James D Stockmal
Director
- Total calculated
- $0
- Hours/week
- 1
-
Susan Lacz
Director
- Total calculated
- $0
- Hours/week
- 1
-
Blair OConnell
Director
- Total calculated
- $0
- Hours/week
- 1
-
Justin Silvers
Chairman
- Total calculated
- $0
- Hours/week
- 5
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
Consortium of Catholic Academies
$34,200
-
St Johns College High School
$16,590
-
$11,590
-
Archbishop Carroll High School
$10,990
-
Don Bosco Cristo Rey High School
$10,000
-
$7,590
-
$6,590
-
$6,090
-
$5,590
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 29 October 2025
- IRS schema version
- 2024v5.2
- Source object
- 202523029349300712
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