THE CENTRAL SCHOLARSHIP BUREAU INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- THE CENTRAL SCHOLARSHIP BUREAU INC (EIN 52-6012589)
- Tax period
- 2021-07-01 to 2022-06-30
- Filed
- 2023-05-31
- IRS object ID
- 202301519349300515
- Schema version
- 2021v4.2
- Note
- A later return for the same period supersedes this one.
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-05-31T12:58:11-05:00 | ReturnTs |
| Tax Period End | 2022-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 521231901 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GORFINE SCHILLER & GARDYN PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10045 RED RUN BLVD SUITE 250 | AddressLine1Txt |
| City | OWINGS MILLS | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21117 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 526012589 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CENTRAL SCHOLARSHIP BUREAU INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CENT | BusinessNameControlTxt |
| Phone | 4104155558 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 PARK CENTER COURT SUITE 211 | AddressLine1Txt |
| City | OWINGS MILLS | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21117 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIERRA DORSEY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 4104155558 | PhoneNum |
| Signature | 2023-05-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TIERRA | PersonFirstNm |
| Person Last | DORSEY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SCOTT D RODGVILLE CPA | PreparerPersonNm |
| PTIN | P00365285 | PTIN |
| Phone | 4103565900 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amended Return | Yes (X) | AmendedReturnInd |
Doing Business As Name DoingBusinessAsName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CENTRAL SCHOLARSHIP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TIERRA DORSEY | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 PARK CENTER COURT | AddressLine1Txt |
| City | OWINGS MILLS | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21117 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,818,528 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CENTRAL-SCHOLARSHIP.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1924 | FormationYr |
| Legal Domicile State | MD | LegalDomicileStateCd |
| Activity Or Mission | TO HELP MARYLANDERS FULFILL THEIR DREAMS OF PURSUING HIGHER EDUCATIONBY MAKING HIGHER EDUCATION MORE AFFORDABLE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 13 | TotalEmployeeCnt |
| Total Volunteers | 23 | TotalVolunteersCnt |
| Total Gross UBI | $266,838 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $264,934 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $1,326,912 | PYContributionsGrantsAmt |
| CY Contributions Grants | $1,233,080 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $514,743 | PYInvestmentIncomeAmt |
| CY Investment Income | $189,329 | CYInvestmentIncomeAmt |
| PY Other Revenue | $45,914 | PYOtherRevenueAmt |
| CY Other Revenue | $389,431 | CYOtherRevenueAmt |
| PY Total Revenue | $1,887,569 | PYTotalRevenueAmt |
| CY Total Revenue | $1,811,840 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $761,420 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $731,136 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $655,865 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $525,854 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $139,791 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $328,476 | PYOtherExpensesAmt |
| CY Other Expenses | $515,688 | CYOtherExpensesAmt |
| PY Total Expenses | $1,745,761 | PYTotalExpensesAmt |
| CY Total Expenses | $1,772,678 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $141,808 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $39,162 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $13,449,299 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,833,358 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $166,332 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $117,740 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $13,282,967 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $11,715,618 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE CENTRAL SCHOLARSHIP BUREAU, INC. (ORGANIZATION) IS A MARYLAND NON-STOCK NOT-FOR-PROFIT ORGANIZATION THAT HELPS MARYLANDERS FULFILL THEIR DREAMS OF PURSUING HIGHER EDUCATION BY MAKING HIGHER EDUCATION MORE AFFORDABLE. (CONTINUED IN SCHEDULE O)THE ORGANIZATION AWARDS NEED-BASED SCHOLARSHIPS AND INTEREST-FREE LOANS TO HIGH-PERFORMING STUDENTS THROUGHOUT MARYLAND, OFFERS COLLEGE CASH FINANCIAL EDUCATION SEMINARS TO STUDENTS AND PARENTS TO HELP THEM BECOME MORE INFORMED HIGHER EDUCATION CONSUMERS AND ADVOCATES FOR LEGISLATION THAT MAKES HIGHER EDUCATION MORE AFFORDABLE FOR ALL MARYLANDERS. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,050,172 | ExpenseAmt |
| Grant | $665,804 | GrantAmt |
| Desc | CENTRAL SCHOLARSHIP (CS) PROVIDES NEED-BASED SCHOLARSHIPS FOR HIGH-PERFORMING STUDENTS PURSUING UNDERGRADUATE, GRADUATE AND PROFESSIONAL DEGREES. FOR MOST PROGRAMS, STUDENTS ARE ELIGIBLE FOR UP TO $11,000 PER YEAR IN ASSISTANCE FOR POST-SECONDARY EDUCATION. DURING THE FISCAL YEAR ENDED JUNE 30, 2022, CS PROCESSED NEARLY 2,164 APPLICATIONS AND AWARDED 405 SCHOLARSHIPS TO STUDENTS.(EMERGENCY GRANTS) CS PROVIDES STUDENTS ALREADY RECEIVING EDUCATION FUNDING FOR DEGREE PROGRAMS WITH EMERGENCY GRANTS FOR NON-EDUCATION EXPENSES. EXAMPLES OF SUCH EXPENSES INCLUDE MEDICAL BILLS, TRANSPORTATION EMERGENCIES, OR REPLACEMENT OF ESSENTIAL BELONGINGS AFTER THEFT OR FIRE. DURING THE FISCAL YEAR ENDING ON JUNE 30, 2022, CS MADE EMERGENCY GRANTS TO 11 STUDENTS TOTALING $11,913.94. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $221,900 | ExpenseAmt |
| Desc | INTEREST-FREE LOANS ARE AWARDED TO STUDENTS PURSUING UNDERGRADUATE, GRADUATE AND PROFESSIONAL SCHOOL DEGREES WHO QUALIFY BASED ON FINANCIAL NEED AND ACADEMIC PERFORMANCE. STUDENTS ARE ELIGIBLE FOR UP TO $10,000 PER YEAR IN ASSISTANCE FOR POST-SECONDARY EDUCATION. NEW LOANS OF $166,500 WERE AWARDED TO 33 STUDENTS IN THE FISCAL YEAR ENDING JUNE 30, 2022. CENTRAL SCHOLARSHIP (CS) ALSO MANAGED EXISTING LOANS OF APPROXIMATELY $2,153,200 FOR MORE THAN 400 STUDENTS. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $103,048 | ExpenseAmt |
| Grant | $65,332 | GrantAmt |
| Desc | CAREER-TRAINING SCHOLARSHIPS ARE AVAILABLE FOR FIELDS WHERE THERE IS A VERIFIED WORKFORCE DEMAND, AN OPPORTUNITY TO EARN A LIVING WAGE, RECOGNIZED CREDENTIALS UPON PROGRAM COMPLETION AND A PATH FOR CAREER ADVANCEMENT. STUDENTS ARE QUALIFIED BASED ON FINANCIAL NEED, WITH PREFERENCE GIVEN TO BALTIMORE CITY RESIDENTS. DURING THE FISCAL YEAR ENDING ON JUNE 30, 2022, CS AWARDED CAREER-TRAINING SCHOLARSHIPS TO 10 STUDENTS. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COLLEGE CASH IS A FINANCIAL EDUCATION SERIES OFFERED AS A FREE PUBLIC SERVICE THAT HELPS STUDENTS AND PARENTS NAVIGATE THE COMPLEX FINANCIAL OPTIONS AVAILABLE TO COLLEGE-BOUND STUDENTS. THE GOAL IS TO ENSURE THAT STUDENTS AND PARENTS ARE MAKING INFORMED FINANCIAL CHOICES WHEN SELECTING A COLLEGE. THE ADVOCACY PROGRAM CONTINUES TO FOCUS ON SCHOLARSHIP AWARD DISPLACEMENT, WHICH HAPPENS WHEN COLLEGES REDUCE THEIR INSTITUTIONAL SCHOLARSHIP AFTER A STUDENT RECEIVES A PRIVATE SCHOLARSHIP. CS HAS SIGNED AGREEMENTS WITH 13 PRIVATE COLLEGES IN MARYLAND WHO AGREED NOT TO DISPLACE PRIVATE SCHOLARSHIPS ISSUED BY CENTRAL SCHOLARSHIP. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $1,375,120 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 4 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 13 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Form8899 Filedind | 0 | Form8899Filedind |
| Form1098 C Filed | 0 | Form1098CFiledInd |
| DAF Excess Business Holdings | 0 | DAFExcessBusinessHoldingsInd |
| Taxable Distributions | 0 | TaxableDistributionsInd |
| Distribution To Donor | 0 | DistributionToDonorInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIERRA DORSEY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 4104155558 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 PARK CENTER COURT SUITE 211 | AddressLine1Txt |
| City | OWINGS MILLS | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21117 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd |
|---|---|---|---|---|---|---|
| JERRY FOCAS | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RUSS CAUSEY | ||||||
| IMMEDIATE PAST BOARD CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| DAVID ROTHSCHILD | ||||||
| BOARD CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| TIM REDMOND | ||||||
| TREASURER | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| IRA WAGNER | ||||||
| PAST BOARD CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MOLLY SHOCK | ||||||
| VICE CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| LARRY KAMANITZ | ||||||
| PAST BOARD CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL WARD | ||||||
| PAST BOARD CHAIR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JEAN WYMAN | ||||||
| SECRETARY | 2.00 | Yes (X) | $0 | $0 | $0 | Yes (X) |
| LIZ BLOCK | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| LELAND SHELTON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SUSAN SILBERMAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL DAVENPORT | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRUCE ROSENBERG | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| KEVIN FUDGE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID FISHMAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ARNOLD FRUMAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BARBARA KORNBLATT | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TIERRA A DORSEY | ||||||
| PRESIDENT SINCE MARCH, 2021 | 40.00 | Yes (X) | $114,241 | $0 | $3,183 | Yes (X) |
| JAN WAGNER | ||||||
| PRESIDENT THROUGH MARCH, 2021 | 40.00 | Yes (X) | $66,952 | $0 | $3,879 | Yes (X) |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $181,193 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $7,062 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 1 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Government Grants | $130,000 | GovernmentGrantsAmt |
| All Other Contributions | $1,103,080 | AllOtherContributionsAmt |
| Total Contributions | $1,233,080 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $121,708 | TotalRevenueColumnAmt |
| Exclusion | $121,708 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $74,309 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,688 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $67,621 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $67,621 | TotalRevenueColumnAmt |
| Exclusion | $67,621 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PARTNERSHIP INCOME - V | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $389,431 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $266,838 | UnrelatedBusinessRevenueAmt |
| Exclusion | $122,593 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $389,431 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,811,840 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $266,838 | UnrelatedBusinessRevenueAmt |
| Exclusion | $311,922 | ExclusionAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $731,136 | TotalAmt |
| Program Services | $731,136 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $155,993 | TotalAmt |
| Program Services | $129,474 | ProgramServicesAmt |
| Management And General | $23,399 | ManagementAndGeneralAmt |
| Fundraising | $3,120 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $295,747 | TotalAmt |
| Program Services | $126,792 | ProgramServicesAmt |
| Management And General | $66,397 | ManagementAndGeneralAmt |
| Fundraising | $102,558 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,540 | TotalAmt |
| Program Services | $1,538 | ProgramServicesAmt |
| Management And General | $1,399 | ManagementAndGeneralAmt |
| Fundraising | $2,603 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $32,399 | TotalAmt |
| Program Services | $18,009 | ProgramServicesAmt |
| Management And General | $6,509 | ManagementAndGeneralAmt |
| Fundraising | $7,881 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $36,175 | TotalAmt |
| Program Services | $20,376 | ProgramServicesAmt |
| Management And General | $7,217 | ManagementAndGeneralAmt |
| Fundraising | $8,582 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $141,139 | TotalAmt |
| Program Services | $103,031 | ProgramServicesAmt |
| Management And General | $35,285 | ManagementAndGeneralAmt |
| Fundraising | $2,823 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,272 | TotalAmt |
| Management And General | $16,272 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,400 | TotalAmt |
| Program Services | $17,400 | ProgramServicesAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $31,944 | TotalAmt |
| Program Services | $30,347 | ProgramServicesAmt |
| Fundraising | $1,597 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $17,356 | TotalAmt |
| Program Services | $13,017 | ProgramServicesAmt |
| Management And General | $3,471 | ManagementAndGeneralAmt |
| Fundraising | $868 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $38,251 | TotalAmt |
| Program Services | $31,749 | ProgramServicesAmt |
| Management And General | $5,737 | ManagementAndGeneralAmt |
| Fundraising | $765 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $64,747 | TotalAmt |
| Program Services | $50,503 | ProgramServicesAmt |
| Management And General | $12,949 | ManagementAndGeneralAmt |
| Fundraising | $1,295 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $510 | TotalAmt |
| Program Services | $423 | ProgramServicesAmt |
| Management And General | $77 | ManagementAndGeneralAmt |
| Fundraising | $10 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,478 | TotalAmt |
| Program Services | $765 | ProgramServicesAmt |
| Management And General | $639 | ManagementAndGeneralAmt |
| Fundraising | $74 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,786 | TotalAmt |
| Program Services | $1,482 | ProgramServicesAmt |
| Management And General | $268 | ManagementAndGeneralAmt |
| Fundraising | $36 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,427 | TotalAmt |
| Program Services | $7,090 | ProgramServicesAmt |
| Management And General | $3,128 | ManagementAndGeneralAmt |
| Fundraising | $209 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| UBIT EXPENSE | $68,716 | $68,716 | ||
| OTHER PROGRAM SERVICES | $53,406 | $53,406 | ||
| MEMBERSHIP AND PUBLICAT | $30,653 | $3,065 | $21,457 | $6,131 |
| TELEPHONE | $8,164 | $1,224 | $6,532 | $408 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $13,439 | TotalAmt |
| Program Services | $10,593 | ProgramServicesAmt |
| Management And General | $2,015 | ManagementAndGeneralAmt |
| Fundraising | $831 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,772,678 | TotalAmt |
| Program Services | $1,375,120 | ProgramServicesAmt |
| Management And General | $257,767 | ManagementAndGeneralAmt |
| Fundraising | $139,791 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,287,411 | BOYAmt |
| EOY | $876,321 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | $648,364 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $131,863 | BOYAmt |
| EOY | $64,400 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,969,415 | BOYAmt |
| EOY | $1,814,194 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,412 | BOYAmt |
| EOY | $44,450 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $79,897 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $75,063 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,961 | BOYAmt |
| EOY | $4,834 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,043,344 | BOYAmt |
| EOY | $8,336,177 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,893 | BOYAmt |
| EOY | $44,618 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,449,299 | BOYAmt |
| EOY | $11,833,358 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $31,332 | BOYAmt |
| EOY | $108,088 | EOYAmt |
Grants Payable GrantsPayableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,000 | BOYAmt |
| EOY | $2,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $130,000 | BOYAmt |
| EOY | $7,652 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $166,332 | BOYAmt |
| EOY | $117,740 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,207,806 | BOYAmt |
| EOY | $4,262,106 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $8,075,161 | BOYAmt |
| EOY | $7,453,512 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,282,967 | BOYAmt |
| EOY | $11,715,618 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,449,299 | BOYAmt |
| EOY | $11,833,358 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $39,162 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$1,217,080 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$389,431 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,734,319 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,572,297 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,231,107 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,326,912 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,233,080 | CurrentTaxYearAmt |
| Total | $8,097,715 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,734,319 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $1,572,297 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $1,231,107 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $1,326,912 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $1,233,080 | CurrentTaxYearAmt |
| Total | $8,097,715 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $1,956,055 | SubstantialContributorsTotAmt |
| Public Support Total170 | $6,141,660 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $184,535 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $197,440 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $200,743 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $114,001 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $121,708 | CurrentTaxYearAmt |
| Total | $818,427 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,271 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $14,600 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $11,045 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $18,611 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $266,838 | CurrentTaxYearAmt |
| Total | $327,365 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $9,243,507 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $38,145 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.66440 | PublicSupportCY170Pct |
| Public Support PY170 | 0.63080 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $7,943,758 | BeginningYearBalanceAmt |
| Contributions | -$1,219,275 | ContributionsAmt |
| End Year Balance | $6,724,483 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,159,635 | BeginningYearBalanceAmt |
| Contributions | $1,784,123 | ContributionsAmt |
| End Year Balance | $7,943,758 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,666,589 | BeginningYearBalanceAmt |
| Contributions | -$506,954 | ContributionsAmt |
| End Year Balance | $6,159,635 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $6,526,258 | BeginningYearBalanceAmt |
| Contributions | $140,331 | ContributionsAmt |
| End Year Balance | $6,666,589 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $5,345,710 | BeginningYearBalanceAmt |
| Contributions | $1,180,548 | ContributionsAmt |
| End Year Balance | $6,526,258 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.97000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.03000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $79,897 | OtherCostOrOtherBasisAmt |
| Depreciation | $75,063 | DepreciationAmt |
| Book Value | $4,834 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $4,834 | TotalBookValueLandBuildingsAmt |
Closely Held Equity Interests CloselyHeldEquityInterestsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $895,274 | BookValueAmt |
| Method Valuation | C | MethodValuationCd |
Other Securities OtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SECURITIES AND OTHER INVESTMENTS | Desc |
| Book Value | $7,440,903 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $8,336,177 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO LAYDON PARK | Desc |
| Amt | $7,652 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $7,652 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $120,341 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$1,217,080 | NetUnrealizedGainsInvstAmt |
| Other Revenue | -$389,431 | OtherRevenueAmt |
| Revenue Not Reported | -$1,606,511 | RevenueNotReportedAmt |
| Revenue Subtotal | $1,726,852 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $16,272 | InvestmentExpensesNotIncldAmt |
| Other Revenues Not Included | $68,716 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | $84,988 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $1,811,840 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $1,687,690 | TotExpnsEtcAuditedFinclStmtAmt |
| Expenses Not Reported | $0 | ExpensesNotReportedAmt |
| Expenses Subtotal | $1,687,690 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $16,272 | InvestmentExpensesNotIncld2Amt |
| Other Expenses Not Included | $68,716 | OtherExpensesNotIncludedAmt |
| Expenses Not Rpt Fincl Stmt | $84,988 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $1,772,678 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | FASB ASC 740, ACCOUNTING FOR INCOME TAXES, REQUIRES THE ORGANIZATION TO RECOGNIZE OR DISCLOSE ANY TAX POSITIONS THAT WOULD RESULT IN UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION HAS NO POSITIONS THAT WOULD REQUIRE DISCLOSURE OR RECOGNITION UNDER THE TOPIC. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | ACTIVITY FROM VANCE 1530 JV, LLC -389,431. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | INCOME TAX EXPENSE 68,716. |
| PART XII, LINE 4B - OTHER ADJUSTMENTS: | INCOME TAX EXPENSE 68,716. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (2 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt | Valuation Method UsedValuationMethodUsedDesc |
|---|---|---|---|
| LOAN | 29 | $166,500 | BOOK |
| GRANTS | 319 | $731,136 | BOOK |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (12 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | FORM 990 IS ELECTRONICALLY DISTRIBUTED TO ALL MEMBERS OF THE BOARD OF DIRECTORS FOR REVIEW PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | THE CONFLICT OF INTEREST POLICY IS MONITORED AND ENFORCED BY A REVIEW AT THE ANNUAL MEETING OF THE BOARD OF DIRECTORS. |
| FORM 990, PART VI, SECTION B, LINE 15 | COMPARISON DATA OBTAINED ON GUIDESTAR, REVIEWED BY EXECUTIVE COMMITTEE AND APPROVED BY THE ENTIRE BOARD. |
| FORM 990, PART VI, SECTION C, LINE 18 | FORM 990 IS MADE AVAILABLE ON GUIDESTAR, THE ORGANIZATION'S OWN WEBSITE AND UPON REQUEST. FORM 990-T AND FORM 1023 IS AVAILABLE UPON REQUEST. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE POSTED ON ITS OWN WEBSITE AND FURTHER MADE AVAILABLE TO THE PUBLIC UPON REQUEST. |
| FORM 990, PART XI, LINE 9: | ACTIVITY FROM VANCE 1530 JV, LLC -389,431. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT REVIEWS AND APPROVES THE ANNUAL AUDITED FINANCIAL STATEMENTS AND FORM 990 INFORMATIONAL RETURNS, AS WELL AS OVERSEES SELECTION OF THE ORGANIZATION'S EXTERNAL AUDITORS. |
| FORM 990 AMENDMENTS | THE FINANCIAL STATEMENTS WERE UPDATED AFTER THE FORM 990 WAS SUBMITTED. THE FORM 990 IS AMENDED TO REFLECT THE CHANGES FROM THE FINANCIAL STATEMENTS. FORM 990, PAGE 1, PART I, LINES 17, LINE 18 AND LINE 19 LINES 17 AND 18 ARE INCREASED BY $2,272, WHILE LINE 19 IS DECREASED BY $2,272. FORM 990, PAGE 1, PART I, LINES 21 AND 22. LINE 21 IS INCREASED BY $2,272, WHILE LINE 22 IS DECREASED BY $2,272. FORM 990, PAGE 2, PART III, LINE 4B EXPENSE IS DECREASED BY $16,272. FORM 990, PAGE 10, PART IX, LINE 11F, INVESTMENT MANAGEMENT FEES $16,272 ARE RECLASSED FROM PROGRAM SERVICE EXPENSE TO MANAGEMENT AND GENERAL EXPENSE. FORM 990, PAGE 10, PART IX, LINE 24A, UBIT EXPENSE INCREASED BY $2,272. FORM 990, PAGE 10, PART IX, LINE 25, TOTAL PROGRAM SERVICE EXPENSES ARE DECREASED BY $16,272 AND TOTAL MANAGEMENT AND GENERAL EXPENSES ARE INCREASED BY $18,544. FORM 990, PAGE 11, PART X, LINES 1 (B), 2(B) AND 12(B) THIS PART IS AMENDED TO TO RECLASSIFY CASH AND INVESTMENTS ON THE BALANCE SHEET. LINE 1 (B) IS INCREASED BY $43,112, LINE 2 (B) IS DECREASED BY $13,828 AND LINE 12 (B) IS DECREASED BY $29,284. FORM 990, PAGE 11, PART X, LINES 17 (B), 18 (B) AND LINE 25(B) LINE 17(B) IS INCREASED BY $2,272, LINE 18(B)IS INCREASED BY $2,000 AND LINE 25(B) IS DECREASED BY $2,000. FORM 990, PAGE 11, PART X, LINES 27(B) AND 28(B) LINE 27(B) IS INCREASED BY $720,089 AND LINE 28(B) IS DECREASED BY $722,361. FORM 990, PAGE 12, PART XI, LINES 2, 3 AND 10 LINE 2 IS INCREASED BY $2,272, LINE 3 IS DECREASED BY $2,272 AND LINE 10 IS DECREASED BY $2,272. |
| FORM 990, SCHEDULE B, PART I | THIS PART IS AMENDED TO REMOVE A CONTRIBUTION BY DAVID AND HOPE ROTHSCHILD OF $66,000. IT WAS DETERMINED THAT THE AMOUNT WAS NOT A CONTRIBUTION, BUT A RELEASE FROM RESTRICTION OF A PRIOR YEAR FAIR VALUE ADJUSTMENT. |
| FORM 990, SCHEDULE D, PAGE 2, PART V, LINE 1B (A) | THIS PART IS AMENDED TO CORRECT THE AMOUNT OF CURRENT YEAR CONTRIBUTIONS. THE CORRECT AMOUNT IS -$1,219,275 INSTEAD OF -$491,299 AS REPORTED ON THE ORIGINAL RETURN. FORM 990, SCHEDULE D, PAGE 2, PART V, LINES 2B AND 2C LINE 2B PERMANENT ENDOWMENT PERCENTAGE IS CHANGED TO 97% AND LINE 2C TERM ENDOWMENT PERCENTAGE IS CHANGED TO 3%. FORM 990, SCHEDULE D, PAGE 3, PART VII, LINES 3B THE LINE OF SECURITIES AND OTHER INVESTMENTS IS AMENDED TO DECREASE $29,284. FORM 990, SCHEDULE D, PAGE 3, PART X LINE 1(2) LOANS PAYABLE OF $2,000 IS DELETED. FORM 990, SCHEDULE D, PAGE 4, PART XI, LINES 1 AND 4B AND PART XII, LINES 4B AND 5 THESE LINES ARE AMENDED TO REFLECT THE CHANGE IN UBIT EXPENSE. LINE 1 IS DECREASED BY $2,272. BOTH LINES 4B OF PART XI AND XII ARE INCREASED BY $2,272. THE EXPLANATION OF THESE TWO LINES ARE UPDATED IN THE SUPPLEMENTAL SECTION ACCORDINGLY. LINE 5 OF PART XII IS INCREASED BY $2,272. |
| FORM 990, SCHEDULE I, PART III | THIS PART IS AMENDED TO CORRECT THE AMOUNT OF CASH GRANTS OF LOAN. THE CORRECT AMOUNT IS $166,500 INSTEAD OF $151,000 REPORTED ON THE ORIGINAL RETURN. |
| FORM 990, SCHEDULE R, PART IV, CLOUMNS F AND G. | THE SHARE OF TOTAL INCOME IS DECREASED BY $1 TO $59,545. THE AMOUNT UNDER SHARE OF END-OF-YEAR ASSETS IS ADJUSTED TO $953,982. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAYDON PARK INC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6 PARK CENTER COURT SUITE 211 | AddressLine1Txt |
| City | OWINGS MILLS | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21117 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 520787708 | EIN |
| Primary Activities | RENTAL REAL ESTATE | PrimaryActivitiesTxt |
| Legal Domicile State | MD | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CENTRAL SCHOLARSHIP BUREAU INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | $59,545 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $953,982 | ShareOfEOYAssetsAmt |
| Ownership | 0.70000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | Yes (1) | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | 0 | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAYDON PARK INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | F | TransactionTypeTxt |
| Involved | $56,704 | InvolvedAmt |
| Method Of Amount Determination | DIVIDENDS RECEIVED | MethodOfAmountDeterminationTxt |
Comments