LAWRENCE MADEIROS SCHOLARSHIP FUND INC: Form 990EZ, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
LAWRENCE MADEIROS SCHOLARSHIP FUND INC (EIN 46-1323387)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-05-06
IRS object ID
202111269349200211
Schema version
2020v4.1
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)
Return2021-05-06T08:35:34-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN141624930PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TEAL BECKER & CHIARAMONTE CPAS PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line17 WASHINGTON SQUAREAddressLine1Txt
CityALBANYCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12205ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN461323387EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1LAWRENCE MADEIROS SCHOLARSHIP FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlLAWRBusinessNameControlTxt
Phone5188638998PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 11AddressLine1Txt
CityMAYFIELDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12117ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCAROL MADEIROSPersonNm
Person TitleDIRECTORPersonTitleTxt
Phone5188638998PhoneNum
Signature2021-05-03SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCAROLPersonFirstNm
Person LastMADEIROSPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPASQUALE M SCISCI CPAPreparerPersonNm
PTINP00476898PTIN
Phone5184566663PhoneNum
Preparation2021-05-03PreparationDt

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-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressWWW.ADIRONDACKSPINTACULAR.COMWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$115,955GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$28,613ContributionsGiftsGrantsEtcAmt
Investment Income$5,426InvestmentIncomeAmt
Sale Of Assets Gross$81,916SaleOfAssetsGrossAmt
Cost Or Other Basis Expense Sale$74,194CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$7,722GainOrLossFromSaleOfAssetsAmt
Total Revenue$41,761TotalRevenueAmt
Grants And Similar Amounts Paid$9,000GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$7,356FeesAndOtherPymtToIndCntrctAmt
Printing Publications Postage$1,019PrintingPublicationsPostageAmt
Other Expenses Total$5,646OtherExpensesTotalAmt
Total Expenses$23,021TotalExpensesAmt
Excess Or Deficit For Year$18,740ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$219,898NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$18,587OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$257,225NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$219,898BOYAmt
EOY$257,225EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$219,898BOYAmt
EOY$257,225EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

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

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$219,898BOYAmt
EOY$257,225EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTHE ORGANIZATION WILL PROVIDE AWARENESS OF CHRONIC DISORDERS TO THE PUBLIC, STIMULATE, FOSTER, AND ENCOURAGE INTEREST, AWARENESS AND ACTIVISM AT THE STATE AND NATIONAL LEVEL WITH REFERENCE TO THE FIGHT AGAINST CHRONIC DISORDERS. IN FURTHERANCE OF THESE PURPOSES, THE CORPORATION WILL PROVIDE SCHOLARSHIPS TO INDIVDUALS WITH CHRONIC DISORDERS.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomSCHOLARSHIPS AWARDED TO GRADUATING HIGH SCHOOL SENIORS, LIVING WITH A CHRONIC DISORDER, AND CONTINUING THEIR EDUCATION AT AN ACCREDITED COLLEGE OR UNIVERSITY.DescriptionProgramSrvcAccomTxt
Grants And Allocations$0GrantsAndAllocationsAmt
Program Service Expenses$0ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$0TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (5 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CAROL MADEIROS
PRESIDENT/DIRECTOR1.00$0$0$0
VINCENT FUSARO
VICE PRESIDENT/DIRECTOR0.00$0$0$0
TAYLOR MADEIROS
TREASURER/DIRECTOR0.00$0$0$0
LINDA LIVINGSTONE
DIRECTOR0.00$0$0$0
KATIE GEORGE
SECRETARY/DIRECTOR0.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 11AddressLine1Txt
CityMAYFIELDCityNm
State AbbreviationNYStateAbbreviationCd
ZIP12117ZIPCd
FieldValueIRS element (for citing)
Phone5188638998PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)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$27,136CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,207CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$21,462CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$31,131CurrentTaxYearMinus1YearAmt
Current Tax Year$28,613CurrentTaxYearAmt
Total$132,549TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$27,136CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$24,207CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$21,462CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$31,131CurrentTaxYearMinus1YearAmt
Current Tax Year$28,613CurrentTaxYearAmt
Total$132,549TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$132,549PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,753CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,264CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,714CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,852CurrentTaxYearMinus1YearAmt
Current Tax Year$5,426CurrentTaxYearAmt
Total$25,009TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$4,753CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,264CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,714CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$5,852CurrentTaxYearMinus1YearAmt
Current Tax Year$5,426CurrentTaxYearAmt
Total$25,009TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$31,889CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$28,471CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$26,176CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$36,983CurrentTaxYearMinus1YearAmt
Current Tax Year$34,039CurrentTaxYearAmt
Total$157,558TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.84130PublicSupportCY509Pct
Public Support PY5090.82290PublicSupportPY509Pct
Investment Income CY0.15870InvestmentIncomeCYPct
Investment Income PY0.17710InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOMEDESCRIPTION: INTEREST AND DIVIDENDS . AMOUNT: 5,426.
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: VARIOUS LESS THAN $5000 EACH. GRANTEE RELATIONSHIP: NONE. AMOUNT GIVEN: 9,000.
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: OFFICE EXPENSE . AMOUNT: 5,240. DESCRIPTION: RAFFLE EXPENSE . AMOUNT: 406. TOTAL TO FORM 990-EZ, LINE 16: 5,646.
FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETSDESCRIPTION: UNREALIZED G/L. AMOUNT: 18,587.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.DeclarationDesc

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