Mission
THE MISSION OF THE SCHOLARSHIP FUND IS TO ATTRACT THE BEST AND THE BRIGHTEST OF NEW JERSEY STUDENTS AND RESIDENTS INTO THE ACCOUNTING PROFESSION AND TO SUPPORT ATTAINING THE CERTIFIED PUBLIC ACCOUNTANT DESIGNATION.
Public Charity
NJCPA SCHOLARSHIP FUND
NJCPA SCHOLARSHIP FUND is a Public Charity headquartered in ROSELAND, NJ. Financial data from the 2025 filing: $391K revenue, $295K expenses, $3.0M total assets. 13 publicly reported grants to this organization, totaling roughly $1.3M, appear in IRS filings.
EIN: 222291384
ROSELAND, NJ
Latest filing: 2025
Total Revenue$391K
Total Expenses$295K
Total Assets$3.0M
Grant Records13
Funding Total$1.3M
Filing Years2021–2025
Where $100 goes at Njcpa Scholarship Fund
How Njcpa Scholarship Fund divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.
$89
Programs
the work itself
$10
Management
running the organization
$1
Fundraising
raising the next dollar
Inside the $89 for programs
$84
In support of the Njcpa Scholarship Fund's mission of providing scholarships to students pursuing an undergraduate or graduate degree in accounting, the fund awarded scholarships to 42 students…
$5
The accelerating scholars in accounting program is a one-day program designed to empower new jersey's college accounting students
Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
SCHOLARSHIP AWARDS TO ACCOUNTING STUDENTS
$118,015
LOCAL IMPACT GRANT
$33,000
SCHOLARSHIP AWARDS TO ACCOUNTING STUDENTS
$156,823
LOCAL IMPACT GRANT
$33,000
SCHOLARSHIP AWARDS TO ACCOUNTING STUDENTS
$17,640
Showing up to 5 of 13 total records — full history available with membership.
Officers & Directors
VICE PRESIDENT
Aiysha Johnson
PRESIDENT
Angela Garofalo
TRUSTEE
Bayaan A Oluyadi
DIR. OF FIN. & ADMIN
Greg Tondi
TRUSTEE
John M Szczomak
TRUSTEE
Joseph A Mcgrath Jr
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2025 | $391K | $295K | $3.0M |
| 2024 | $365K | $336K | $2.8M |
| 2023 | $619K | $407K | $2.5M |
| 2022 | $328K | $447K | $2.7M |
| 2021 | $216K | $435K | $3.1M |
Between 2021 and 2025, reported annual revenue grew from $216K to $391K (+81%), with total assets most recently reported at $3.0M.
Interactive year-over-year charts and full filing details available with membership.