Nonprofit · EIN 83-0782549
FTX SCHOLARSHIP FUND CORP
Tax-exempt · BOCA RATON, FL 33487
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2023 | 990-EZ | $19,357 | $23,801 | -$4,444 | $29,478 | $0 | $29,478 |
| December 31, 2022 | 990-EZ | $47,640 | $26,976 | $20,664 | $33,922 | $0 | $33,922 |
Financial details: 990-EZ for the year ended December 31, 2023
Revenue
- Contributions, gifts and grants
- $16,013
- Program service revenue
- $3,344
Expenses
- Compensation of officers, directors and key employees
- $0
- Professional fees and payments to contractors
- $802
- Occupancy
- $6,000
- Other expenses
- $16,999
Balance sheet and other
- Total assets, start of year
- $33,922
- Total assets, end of year
- $29,478
- Total liabilities, end of year
- $0
- Net assets, end of year
- $29,478
- Cash, savings and investments
- $29,478
- Gross receipts
- $19,357
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, 2023, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Seyed Khatami | President | 0 | $0 |
| Octavio Cifuentes | Treasurer | 0 | $0 |
990-EZ for the year ended December 31, 2022: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Seyed Khatami | President | 0 | $0 |
| Octavio Cifuentes | Treasurer | 0 | $0 |
| Douglas Cohen | VP | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 7185 NW BEACON SQUARE STE 102, BOCA RATON, FL 33487-0000
- Signed the 990-EZ
- Hessam Khatami, President
- Return prepared by
- Account-it Consulting Services LLC
Mission
Scholarships
Program accomplishments
- The FTX Scholarship Fund will allow those in recovery with financially challenging circumstances to receive the physical interventions they need without the personal cost or stre
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | Not on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 83-0782549
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Health care (E80)
- Assets (IRS master file)
- $29,478
- Income (IRS master file)
- $19,357
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2023 | $19,357 | $23,801 | $29,478 | XML |
| 990-EZ | December 2022 | $47,640 | $26,976 | $33,922 | XML |
| 990-EZ | December 2021 | – | – | – | IRS |
| 990-EZ | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | 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 83-0782549).
Questions about FTX SCHOLARSHIP FUND CORP
- What is the EIN of FTX SCHOLARSHIP FUND CORP?
- The employer identification number (EIN) of FTX SCHOLARSHIP FUND CORP is 83-0782549.
- Is FTX SCHOLARSHIP FUND CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to FTX SCHOLARSHIP FUND CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FTX SCHOLARSHIP FUND CORP file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of FTX SCHOLARSHIP FUND CORP 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 FTX SCHOLARSHIP FUND CORP last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2023.
- Who are the officers and directors of FTX SCHOLARSHIP FUND CORP?
- The 990-EZ for the year ended December 31, 2023 lists 2 people; 0 received compensation from the organization.
- How much revenue does FTX SCHOLARSHIP FUND CORP have?
- On its 990-EZ for the year ended December 31, 2023 it reported revenue of $19,357, expenses of $23,801 and total assets of $29,478 at year end.
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