THE BISON CHILDRENS SCHOLARSHIP FUND INC: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
THE BISON CHILDRENS SCHOLARSHIP FUND INC (EIN 16-1477288)
Tax period
2020-07-01 to 2021-06-30
Filed
2022-03-23
IRS object ID
202240829349300424
Schema version
2020v4.2
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)
Return2022-03-23T12:17:35-05:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN043728817PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TRONCONI SEGARRA & ASSOCIATES LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18321 MAIN STREETAddressLine1Txt
CityWILLIAMSVILLECityNm
State AbbreviationNYStateAbbreviationCd
ZIP14221ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN161477288EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE BISON CHILDREN'S SCHOLARSHIP FUNDBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlBISOBusinessNameControlTxt
Phone7168540869PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1284 DELAWARE AVENUEAddressLine1Txt
CityBUFFALOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14202ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDENNIS SZYMKOWIAKPersonNm
Person TitleVICE PRESIDENTPersonTitleTxt
Phone7168540869PhoneNum
Signature2022-03-21SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDENNISPersonFirstNm
Person LastSZYMKOWIAKPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL B DOLAN CPAPreparerPersonNm
PTINP00141357PTIN
Phone7166331373PhoneNum
Preparation2022-03-21PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDENNIS SZYMKOWIAKPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1284 DELAWARE AVENUEAddressLine1Txt
CityBUFFALOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14202ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$8,561,619GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.BISONFUND.COMWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1995FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionFOUNDED IN 1995, THE BISON CHILDREN'S SCHOLARSHIP FUND IS A PRIVATELY FUNDED ORGANIZATION WHOSE MISSION IS TO BROADEN THE EDUCATIONAL OPPORTUNITIES FOR WESTERN NEW YORK CHILDREN BY HELPING LOW-INCOME FAMILIES AFFORD THE COST OF PRIVATE K-12 SCHOOLS.ActivityOrMissionDesc
Voting Members Governing Body16VotingMembersGoverningBodyCnt
Voting Members Independent16VotingMembersIndependentCnt
Total Employee4TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$7,742,473PYContributionsGrantsAmt
CY Contributions Grants$6,541,730CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$24,131PYInvestmentIncomeAmt
CY Investment Income$275,680CYInvestmentIncomeAmt
PY Other Revenue$36,178PYOtherRevenueAmt
CY Other Revenue$58,513CYOtherRevenueAmt
PY Total Revenue$7,802,782PYTotalRevenueAmt
CY Total Revenue$6,875,923CYTotalRevenueAmt
PY Grants And Similar Paid$2,642,502PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$2,792,729CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$245,594PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$286,186CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$176,531CYTotalFundraisingExpenseAmt
PY Other Expenses$402,487PYOtherExpensesAmt
CY Other Expenses$1,071,976CYOtherExpensesAmt
PY Total Expenses$3,290,583PYTotalExpensesAmt
CY Total Expenses$4,150,891CYTotalExpensesAmt
PY Revenues Less Expenses$4,512,199PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,725,032CYRevenuesLessExpensesAmt
Total Assets BOY$9,690,935TotalAssetsBOYAmt
Total Assets EOY$12,864,860TotalAssetsEOYAmt
Total Liabilities BOY$98,067TotalLiabilitiesBOYAmt
Total Liabilities EOY$43,632TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$9,592,868NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,821,228NetAssetsOrFundBalancesEOYAmt
MissionFOUNDED IN 1995, THE BISON CHILDREN'S SCHOLARSHIP FUND IS A PRIVATELY FUNDED ORGANIZATION WHOSE MISSION IS TO BROADEN THE EDUCATIONAL OPPORTUNITIES FOR WESTERN NEW YORK CHILDREN BY HELPING LOW-INCOME FAMILIES AFFORD THE COST OF PRIVATE K-12 SCHOOLS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$3,838,550ExpenseAmt
Grant$2,792,729GrantAmt
Revenue$35,000RevenueAmt
DescIN ADDITION TO GOOD HEALTH AND GREAT LOVE, THE BEST GIFT WE CAN PROVIDE OUR CHILDREN IS A QUALITY EDUCATION. FOR FAMILIES OF MODEST MEANS, ACCESS TO QUALITY EDUCATION IS MADE POSSIBLE BY THE BISON CHILDREN'S SCHOLARSHIP FUND. FOR 27 YEARS, MEMBERS OF OUR COMMUNITY, HAVE HELPED FUND 35,000 SCHOLARSHIPS FOR LOW-INCOME CHILDREN TO ATTEND SCHOOLS OF THEIR CHOICE. BISON IS THE ONLY K-12 SCHOLARSHIP PROGRAM IN WNY, AND THE 5TH LARGEST K-8 PROGRAM NATIONALLY. BISON SUPPORTS 1,950 STUDENTS ATTENDING 81 K-12 SCHOOLS ACROSS WNY.Desc
Total Program Service Expenses$3,838,550TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document1IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee4EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members16GoverningBodyVotingMembersCnt
Independent Voting Member16IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AMY POPADICKBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7168540869PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1284 DELAWARE AVENUEAddressLine1Txt
CityBUFFALOCityNm
State AbbreviationNYStateAbbreviationCd
ZIP14202ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (17 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
PAUL D BAUER
PRESIDENT10.00Yes (X)Yes (X)$0$0$0
DENNIS J SZYMKOWIAK
VICE PRESIDENT1.00Yes (X)Yes (X)$0$0$0
ANDREW L FORS
TREASURER1.00Yes (X)Yes (X)$0$0$0
JONATHAN AMOIA
BOARD MEMBER1.00Yes (X)$0$0$0
THOMAS R BEECHER JR
BOARD MEMBER1.00Yes (X)$0$0$0
PATRICIA A FARRELL
BOARD MEMBER1.00Yes (X)$0$0$0
REP CHRISTOPHER L JACOBS
BOARD MEMBER1.00Yes (X)$0$0$0
TOD D MARTIN
BOARD MEMBER1.00Yes (X)$0$0$0
MICHAEL L MCCABE
BOARD MEMBER1.00Yes (X)$0$0$0
NANCY A NAPLES
BOARD MEMBER1.00Yes (X)$0$0$0
REV JOSEPH S ROGLIANO
BOARD MEMBER1.00Yes (X)$0$0$0
PAUL SEMINARA
BOARD MEMBER1.00Yes (X)$0$0$0
CHRISTINA STANDISH
BOARD MEMBER1.00Yes (X)$0$0$0
BETSY SULLIVAN
BOARD MEMBER1.00Yes (X)$0$0$0
KELLIE M ULRICH
BOARD MEMBER1.00Yes (X)$0$0$0
HEATHER A WILLIAMS
BOARD MEMBER1.00Yes (X)$0$0$0
AMY E POPADICK
EXECUTIVE DIRECTOR40.00Yes (X)$110,207$0$9,409
FieldValueIRS element (for citing)
Total Reportable Comp From Org$110,207TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$9,409TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K0CntrctRcvdGreaterThan100KCnt
Fundraising$390,557FundraisingAmt
Government Grants$42,800GovernmentGrantsAmt
All Other Contributions$6,108,373AllOtherContributionsAmt
Total Contributions$6,541,730TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$136,549TotalRevenueColumnAmt
Exclusion$136,549ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,804,945SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$1,665,814SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$139,131SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$139,131TotalRevenueColumnAmt
Exclusion$139,131ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$43,395FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$390,557ContriRptFundraisingEventAmt
Fundraising Direct Expenses$19,882FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column$23,513TotalRevenueColumnAmt
Exclusion$23,513ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
ADMINISTRATIVE FEE INCOME900099$30,000$30,000
COVID-19 EMERGENCY FUND900099$5,000$5,000
FieldValueIRS element (for citing)
Other Revenue Total$35,000OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$6,875,923TotalRevenueColumnAmt
Related Or Exempt Func Income$35,000RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$299,193ExclusionAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$2,792,729TotalAmt
Program Services$2,792,729ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$114,794TotalAmt
Program Services$27,865ProgramServicesAmt
Management And General$36,322ManagementAndGeneralAmt
Fundraising$50,607FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$130,261TotalAmt
Program Services$31,619ProgramServicesAmt
Management And General$41,216ManagementAndGeneralAmt
Fundraising$57,426FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$6,695TotalAmt
Program Services$2,162ProgramServicesAmt
Management And General$1,463ManagementAndGeneralAmt
Fundraising$3,070FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$15,736TotalAmt
Program Services$5,835ProgramServicesAmt
Management And General$2,518ManagementAndGeneralAmt
Fundraising$7,383FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$18,700TotalAmt
Program Services$6,038ProgramServicesAmt
Management And General$4,086ManagementAndGeneralAmt
Fundraising$8,576FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$11,414TotalAmt
Management And General$11,414ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$20,273TotalAmt
Program Services$2,322ProgramServicesAmt
Management And General$9,874ManagementAndGeneralAmt
Fundraising$8,077FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$966,700TotalAmt
Program Services$965,879ProgramServicesAmt
Fundraising$821FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$12,558TotalAmt
Management And General$12,558ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$3,548TotalAmt
Program Services$355ProgramServicesAmt
Fundraising$3,193FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$10,509TotalAmt
Management And General$10,509ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$5,850TotalAmt
Management And General$5,850ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtFundraisingFundraisingAmtProgram ServicesProgramServicesAmt
CONSULTING -ENDOWMENT$23,500$23,500
DONOR CULTIVATION$10,132$10,132
MISCELLANEOUS$7,492$3,746$3,746

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,150,891TotalAmt
Program Services$3,838,550ProgramServicesAmt
Management And General$135,810ManagementAndGeneralAmt
Fundraising$176,531FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$56,904BOYAmt
EOY$1,611,731EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$541,753BOYAmt
EOY$472,635EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$4,392,907BOYAmt
EOY$4,274,281EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$13,630BOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$4,922BOYAmt
EOY$5,471EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$79,285LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$54,404LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$33,404BOYAmt
EOY$24,881EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,647,415BOYAmt
EOY$6,475,861EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$9,690,935BOYAmt
EOY$12,864,860EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$8,562BOYAmt
EOY$5,632EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$46,705BOYAmt
EOY$38,000EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$42,800BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$98,067BOYAmt
EOY$43,632EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,778,758BOYAmt
EOY$5,595,547EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$7,814,110BOYAmt
EOY$7,225,681EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,592,868BOYAmt
EOY$12,821,228EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$9,690,935BOYAmt
EOY$12,864,860EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,725,032ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$533,235NetUnrlzdGainsLossesInvstAmt
Investment Expense-$29,907InvestmentExpenseAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,554,189CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,302,930CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,581,499CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,742,473CurrentTaxYearMinus1YearAmt
Current Tax Year$6,541,730CurrentTaxYearAmt
Total$24,722,821TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,554,189CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,302,930CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$3,581,499CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$7,742,473CurrentTaxYearMinus1YearAmt
Current Tax Year$6,541,730CurrentTaxYearAmt
Total$24,722,821TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$6,238,781SubstantialContributorsTotAmt
Public Support Total170$18,484,040PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$12,772CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$21,618CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$41,115CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$89,338CurrentTaxYearMinus1YearAmt
Current Tax Year$136,549CurrentTaxYearAmt
Total$301,392TotalAmt
FieldValueIRS element (for citing)
Total Support$25,024,213TotalSupportAmt
Public Support CY1700.73860PublicSupportCY170Pct
Public Support PY1700.82390PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

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 D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$1,880,739BeginningYearBalanceAmt
Contributions$1,047,129ContributionsAmt
Investment Earnings Or Losses$449,687InvestmentEarningsOrLossesAmt
End Year Balance$3,377,555EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Contributions$1,929,735ContributionsAmt
Investment Earnings Or Losses-$48,996InvestmentEarningsOrLossesAmt
End Year Balance$1,880,739EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.00000BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY1.00000PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00000TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$15,603OtherCostOrOtherBasisAmt
Depreciation$8,225DepreciationAmt
Book Value$7,378BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$41,192OtherCostOrOtherBasisAmt
Depreciation$23,689DepreciationAmt
Book Value$17,503BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$22,490OtherCostOrOtherBasisAmt
Depreciation$22,490DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$24,881TotalBookValueLandBuildingsAmt
Total Rev Etc Audited Fincl Stmt$7,421,006TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$533,235NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$41,755DonatedServicesAndUseFcltsAmt
Revenue Not Reported$574,990RevenueNotReportedAmt
Revenue Subtotal$6,846,016RevenueSubtotalAmt
Investment Expenses Not Incld$29,907InvestmentExpensesNotIncldAmt
Revenue Not Reported Fincl Stmt$29,907RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$6,875,923TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$4,192,646TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$41,755DonatedServicesUseFcltsAmt
Expenses Not Reported$41,755ExpensesNotReportedAmt
Expenses Subtotal$4,150,891ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$4,150,891TotalExpensesPerForm990Amt

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1BISON LUNCHEONEvent1Nm
Gross Receipts Event1$433,952GrossReceiptsEvent1Amt
Charitable Contri Event1$390,557CharitableContriEvent1Amt
Gross Revenue Event1$43,395GrossRevenueEvent1Amt
Food And Beverage Event1$4,400FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$15,482OtherDirectExpensesEvent1Amt
Gross Receipts Total$433,952GrossReceiptsTotalAmt
Charitable Contributions Tot$390,557CharitableContributionsTotAmt
Gross Revenue Total Events$43,395GrossRevenueTotalEventsAmt
Food And Beverage Total Events$4,400FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events$15,482OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$19,882DirectExpenseSummaryEventsAmt
Net Income Summary$23,513NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypePRIVATELY FUNDED TUITION ASSISTANCE PROGRAM FOR DISADVANTAGED CHILDRENGrantTypeTxt
Recipient1940RecipientCnt
Cash Grant$2,792,729CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART III, COLUMN (A):PRIVATELY FUNDED TUITION ASSISTANCE PROGRAM FOR ECONOMICALLY DISADVANTAGED CHILDREN LIVING IN WESTERN NEW YORK. FAMILIES CHOSEN TO RECEIVE ASSISTANCE ARE ABLE TO SEND THEIR CHILD TO A PRIVATE GRAMMAR SCHOOL OF CHOICE.
FORM 990THE ORGANIZATION PAYS THE SCHOLARSHIPS DIRECTLY TO THE SCHOOLS ON BEHALF OF THE CHILDREN (NOT THE PARENTS). THE SCHOOL IS RESPONSIBLE TO INFORM BISON IF A STUDENT HAS LEFT THE SCHOOL AND THE REASON. BISON STUDENTS ARE ELIGIBLE TO TRANSFER TO A DIFFERENT PRIVATE SCHOOL WITH THEIR SCHOLARSHIP. IF A STUDENT LEAVES THE PROGRAM, THERE IS A 6 MONTH GRACE PERIOD IF THEY WISH TO RETURN TO THE SCHOOL AND THEIR SCHOLARSHIP IS REACTIVATED. HOWEVER STUDENTS THAT LEAVE BECAUSE THEY HAVE BEEN EXPELLED IMMEDIATELY LOSE THEIR SCHOLARSHIP PERMANENTLY.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY BEFORE IT IS FILED FOR THEIR APPROVAL.
FORM 990, PART VI, SECTION B, LINE 12CA WRITTEN CONFLICT OF INTEREST CONFIRMATION FORM IS REQUIRED TO BE FILED WITH THE ORGANIZATION WHEN AN INDIVIDUAL BECOMES A BOARD MEMBER. ON AN ANNUAL BASIS WITH THE ELECTION OF THE NEW BOARD MEMBERS THE ORGANIZATION REVISITS ALL RELATIONSHIPS WITH OFFICERS, DIRECTORS, AND KEY EMPLOYEES TO ENSURE THAT NO CONFLICTS OF INTEREST AS DEFINED IN THE WRITTEN POLICY EXIST.
FORM 990, PART VI, SECTION B, LINE 15AON AN ANNUAL BASIS, THE ORGANIZATION PROVIDES DOCUMENTATION TO THE OFFICERS/EXECUTIVE COMMITTEE WITH RESPECT TO THE COMPENSATION OF THE ORGANIZATION'S TWO EMPLOYEES FOR REVIEW AND APPROVAL. SUCH INFORMATION INCLUDES COMPARABLE DATA FROM SIMILAR SIZED TAX EXEMPT ORGANIZATIONS IN THE WESTERN NEW YORK COMMUNITY OF SIMILAR SIZE, DEMOGRAPHICS, AND GEOGRAPHY. REVIEW AND APPROVAL OF THE COMPENSATION ARRANGEMENT BY THE OFFICERS/EXECUTIVE COMMITTE IS DOCUMENTED IN THE ORGANIZATIONS PAYROLL RECORDS.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
PART XII, LINE 2CTHE BISON SCHOLARSHIP FUND HAS IN PLACE A GOVERNANCE & AUDIT COMMITTEE THAT IS CHARGED WITH ENGAGING, MEETING, EVALUATING AND HIRING OF THE INDEPENDENT AUDITOR. THE COMMITTEE IS ALSO CHARGED WITH DEFINING AND MONITORING THE SCOPE OF THE AUDIT AND REVIEW OF THE FINANCIAL STATEMENTS AMONG OTHER DUTIES.

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.