Form 990 for tax year 2022

Totals

Total revenue

$1,006,959

Total expenses

$1,014,049

Contributions and grants received

$1,006,959

Grants paid

$948,063

Program service revenue

$0

Investment income

$0

Other revenue

$0

Total assets, end of year

$4,636,333

Total liabilities, end of year

$191,569

Net assets or fund balances, end of year

$4,444,764

Program services expenses (Part IX)

$985,803

Management and general expenses

$23,700

Fundraising expenses

$4,546

Program service expenses (Part III)

$985,803

Program services were 97.2% 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.

Mission and programs · 2022

• PENNSYLVANIA OPPORTUNITY SCHOLARSHIP TAX CREDIT PROGRAM:THE PROGRAM PROVIDES TAX CREDITS TO ELIGIBLE BUSINESSES CONTRIBUTING TO AN OPPORTUNITY SCHOLARSHIP ORGANIZATION. BUSINESS CONTRIBUTIONS ARE THEN USED BY OPPORTUNITY SCHOLARSHIP ORGANIZATIONS TO PROVIDE TUITION ASSISTANCE IN THE FORM OF SCHOLARSHIPS TO ELIGIBLE STUDENTS RESIDING WITHIN THE BOUNDARIES OF A LOW-ACHIEVING SCHOOL IN THE COMMONWEALTH OF PENNSYLVANIA TO ATTEND ANOTHER PUBLIC SCHOOL OUTSIDE OF THEIR DISTRICT OR NONPUBLIC SCHOOL. A LOW-ACHIEVING SCHOOL IS DEFINED AS A PUBLIC ELEMENTARY OR SECONDARY SCHOOL RANKING IN THE BOTTOM 15 PERCENT OF THEIR DESIGNATION AS AN ELEMENTARY OR SECONDARY SCHOOL BASED UPON COMBINED MATH AND READING PENNSYLVANIA SYSTEM OF SCHOOL ASSESSMENT (PSSA) SCORES.THE GIRARD COLLEGE FOUNDATION IS AN OPPORTUNITY SCHOLARSHIP ORGANIZATION AND USED THESE PROCEEDS TO PROVIDE APPROXIMATELY 80 PARTIAL SCHOLARSHIPS TO STUDENTS THAT ATTENDED GIRARD COLLEGE DURING THE 2022-2023 SCHOOL YEAR.

  Expenses $425,000 · Grants $425,000

• PENNSYLVANIA EDUCATIONAL IMPROVEMENT TAX CREDIT PROGRAM:THIS PROGRAM PROVIDES TAX CREDITS TO ELIGIBLE BUSINESSES CONTRIBUTING TO SCHOLARSHIP ORGANIZATIONS AND/OR EDUCATIONAL IMPROVEMENT ORGANIZATIONS AND/OR PRE-K SCHOLARSHIP ORGANIZATIONS CONTAINED ON A LIST PUBLISHED BY THE DEPARTMENT OF COMMUNITY AND ECONOMIC DEVELOPMENT. BUSINESS CONTRIBUTIONS ARE THEN USED BY SCHOLARSHIP ORGANIZATIONS AND/OR EDUCATIONAL IMPROVEMENT ORGANIZATIONS AND/OR PRE-K SCHOLARSHIP ORGANIZATIONS TO PROVIDE TUITION ASSISTANCE IN THE FORM OF SCHOLARSHIPS TO ELIGIBLE STUDENTS RESIDING WITHIN THE COMMONWEALTH OF PENNSYLVANIA.THE GIRARD COLLEGE FOUNDATION IS A SCHOLARSHIP ORGANIZATION AND USED THESE PROCEEDS TO PROVIDE APPROXIMATELY FIFTEEN (30) PARTIAL SCHOLARSHIPS TO STUDENTS THAT ATTENDED GIRARD COLLEGE DURING THE 2022-2023 SCHOOL YEAR.

  Expenses $154,944 · Grants $154,944

• Withheld by Nonprofiteer: this text may name a private individual.

  Expenses $193,057 · Grants $193,057

• HOWARD FAMILY FUND - STUDENT CENTER: THIS GRANT PROVIDES FUNDING TO RENOVATE AND REFURBISH SPACE FOR HIGH SCHOOL STUDENTS TO STUDY INDEPENDENTLY, HOLD STUDENT GOVERNMENT MEETINGS, AND CONVENE ACTIVITIES FOR THEIR EXTRACURRICULAR CLUBS AND INTERESTS.

  Expenses $19,911 · Grants $19,911

• VARIOUS PROGRAMS THAT PROMOTE AND ENHANCE BOTH THE EDUCATIONAL FACILITIES AND SERVICES PROVIDED TO STUDENTS AT GIRARD COLLEGE. IN FISCAL YEAR 2023, THIS AMOUNT REPRESENTS VARIOUS AWARDS THAT WERE GIVEN TO GIRARD COLLEGE STUDENTS FOR CERTAIN ACHIEVEMENTS OBTAIN DURING THE SCHOOL YEAR.

  Expenses $192,891 · Grants $155,151

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.

Listed in Part VII

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

• GIRARD COLLEGE

  $948,063

  FOR TUITION ASSISTANCE FOR STUDENTS ATTENDING GIRARD COLLEGE.

Provenance

Return type

form_990

Tax year

2022

Filed

15 May 2024

IRS schema version

2022v5.0

Source object

202431369349308743

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.