MANASQUAN HIGH SCHOOL ENDOWMENT AND ALUMNI FUND: Form 990EZ, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
MANASQUAN HIGH SCHOOL ENDOWMENT AND ALUMNI FUND (EIN 22-3005076)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-01-04
IRS object ID
202220079349201412
Schema version
2020v4.0
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

FieldValueIRS element (for citing)
Return2022-01-04T15:44:31-06:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN205224367PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1VITALE & COMPANY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1900 HIGHWAY 71 STE 1AddressLine1Txt
CitySPRING LAKE HEIGHTSCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07762ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN223005076EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1MANASQUAN HIGH SCHOOL ENDOWMENTBusinessNameLine1Txt
Business Name Line2AND ALUMNI FUNDBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlMANABusinessNameControlTxt
Phone7325288800PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1169 BROAD STREETAddressLine1Txt
CityMANASQUANCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08736ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT SCHATZMANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7325288820PhoneNum
Signature2022-01-04SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstROBERTPersonFirstNm
Person LastSCHATZMANPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTEDD M VITALEPreparerPersonNm
PTINP00534778PTIN
Phone7329748990PhoneNum
Preparation2022-01-04PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Website AddressN/AWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$86,311GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$74,857ContributionsGiftsGrantsEtcAmt
Investment Income$1,454InvestmentIncomeAmt
Sale Of Assets Gross$10,000SaleOfAssetsGrossAmt
Cost Or Other Basis Expense Sale$5,747CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$4,253GainOrLossFromSaleOfAssetsAmt
Total Revenue$80,564TotalRevenueAmt
Grants And Similar Amounts Paid$46,837GrantsAndSimilarAmountsPaidAmt
Printing Publications Postage$634PrintingPublicationsPostageAmt
Other Expenses Total$2,099OtherExpensesTotalAmt
Total Expenses$49,570TotalExpensesAmt
Excess Or Deficit For Year$30,994ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$63,761NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$14,038OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$108,793NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$63,761BOYAmt
EOY$108,793EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$63,761BOYAmt
EOY$108,793EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$63,761BOYAmt
EOY$108,793EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTO PROMOTE THE WELFARE OF CHILDREN AND YOUTH IN THE HOME, SCHOOL AND COMMUNITY; TO RAISE THE STANDARDS OF THE HOME LIFE; AND TO BRING INTO CLOSER RELATION THE HOME AND THE SCHOOL, THAT PARENTS AND TEACHERS MAY COOPERATE INTELLIGENTLY IN THE TRAINING OF CHILDREN.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
SCHOLARSHIPS PAID TO MANASQUAN HIGH SCHOOL STUDENTS$11,500$11,500
DONATIONS TO OTHER NON-PROFIT ORGANIZATIONS$35,337$35,337
ALUMNI DAY$500
FieldValueIRS element (for citing)
Total Program Service Expenses$47,337TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
ROBERT SCHATZMAN
PRESIDENT000.00$0
ANNE MICHALS
VICE-PRESIDE000.00$0
RICK COPPOLA
SECRETARY000.00$0
TEDD M VITALE CPA
TREASURER000.00$0
JEFFREY OSBORN
TRUSTEE000.00$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldNJStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonTEDD M VITALE CPAPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1900 ROUTE 71 SUITE 1AddressLine1Txt
CitySPRING LAKE HTSCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07762ZIPCd
FieldValueIRS element (for citing)
Phone7325288800PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$164,197CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,394CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$37,426CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$27,682CurrentTaxYearMinus1YearAmt
Current Tax Year$74,858CurrentTaxYearAmt
Total$322,557TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$4,176CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus1 Year$3,696CurrentTaxYearMinus1YearAmt
Total$7,872TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$164,197CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$22,570CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$37,426CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$31,378CurrentTaxYearMinus1YearAmt
Current Tax Year$74,858CurrentTaxYearAmt
Total$330,429TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$330,429PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,867CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,176CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,778CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,437CurrentTaxYearMinus1YearAmt
Current Tax Year$1,455CurrentTaxYearAmt
Total$17,713TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,867CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,176CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,778CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$3,437CurrentTaxYearMinus1YearAmt
Current Tax Year$1,455CurrentTaxYearAmt
Total$17,713TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$168,064CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$26,746CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$42,204CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$34,815CurrentTaxYearMinus1YearAmt
Current Tax Year$76,313CurrentTaxYearAmt
Total$348,142TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.94910PublicSupportCY509Pct
Public Support PY5090.92390PublicSupportPY509Pct
Investment Income CY0.05000InvestmentIncomeCYPct
Investment Income PY0.08000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 10NAME: MANASQUAN HS WRESTLING EQUIPMENT ADDRESS: 167 BROAD STREET MANASQUAN, NJ 08736 CASH CONTRIBUTION: 19,337 NAME: MANASQUAN HS ELECTRIC SIGN ADDRESS: 167 BROAD STREET MANASQUAN, NJ 08736 CASH CONTRIBUTION: 9,270 NAME: MANASQUAN HS FINANCE ROOM ADDRESS: 167 BROAD STREET MANASQUAN, NJ 08736 CASH CONTRIBUTION: 6,730 NAME: SCHOLARSHIPS CASH CONTRIBUTION: 11,500
FORM 990-EZ, PART I, LINE 16EXPENSES ADVERTISING 412 BANK FEES 432 ALUMNI DAY 500 MISCELLENEOUS 725 TAXES 30 TOTAL 2,099
FORM 990-EZ, PART I, LINE 20UNREALIZED GAIN 14,038
FORM 990-EZ, PART IIITO PROMOTE THE WELFARE OF CHILDREN AND YOUTH IN THE HOME, SCHOOL AND COMMUNITY; TO RAISE THE STANDARDS OF THE HOME LIFE; AND TO BRING INTO CLOSER RELATION THE HOME AND THE SCHOOL, THAT PARENTS AND TEACHERS MAY COOPERATE INTELLIGENTLY IN THE TRAINING OF CHILDREN.

Compensation Explanation CompensationExplanation

Compensation Explanation CompensationExplanationGrp (5 entries)

ROBERT SCHATZMAN
ANNE MICHALS
RICK COPPOLA
TEDD M VITALE CPA
JEFFREY OSBORN

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