MANASQUAN HIGH SCHOOL ENDOWMENT AND ALUMNI FUND: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization
MANASQUAN HIGH SCHOOL ENDOWMENT AND ALUMNI FUND (EIN 22-3005076)
Tax period
2016-07-01 to 2017-06-30
Filed
2018-05-15
IRS object ID
201801359349311105
Schema version
2016v3.1
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)
Return2018-05-15T16:07:45-04:00ReturnTs
Tax Period End2017-06-30TaxPeriodEndDt

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 Type990ReturnTypeCd
Tax Period Begin2016-07-01TaxPeriodBeginDt

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
Signature2018-05-15SignatureDt

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTEDD M VITALEPreparerPersonNm
PTINP00534778PTIN
Phone7329748990PhoneNum
Preparation2018-05-15PreparationDt
FieldValueIRS element (for citing)
Tax2016TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROBERT SCHATZMANPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1304 CRESENT PARKWAYAddressLine1Txt
CitySEA GIRTCityNm
State AbbreviationNJStateAbbreviationCd
ZIP08750ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$204,563GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1991FormationYr
Legal Domicile StateNJLegalDomicileStateCd
Activity Or MissionTO 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.ActivityOrMissionDesc
Voting Members Governing Body7VotingMembersGoverningBodyCnt
Voting Members Independent7VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$164,197CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$12,813CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
CY Total Revenue$177,010CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
CY Other Expenses$98,128CYOtherExpensesAmt
CY Total Expenses$98,128CYTotalExpensesAmt
CY Revenues Less Expenses$78,882CYRevenuesLessExpensesAmt
Total Assets BOY$96,607TotalAssetsBOYAmt
Total Assets EOY$174,218TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$96,607NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$174,218NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO 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.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$7,000ExpenseAmt
DescSCHOLARSHIPS PAID TO MANASQUAN HIGH SCHOOL STUDENTSDesc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$85,187ExpenseAmt
DescDONATIONS TO MANASQUAN HIGH SCHOOLDesc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$930ExpenseAmt
DescDONATIONS TO OTHER CHARITIESDesc
FieldValueIRS element (for citing)
Total Program Service Expenses$93,117TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredfalseScheduleORequiredInd
IRP Document9IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld CompliancefalseBackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Governing Body Voting Members7GoverningBodyVotingMembersCnt
Independent Voting Member7IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyfalseForm990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyfalseConflictOfInterestPolicyInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyfalseDocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1VITALE & COMPANY LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7329748990PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1900 ROUTE 71AddressLine1Txt
Address Line2SUITE 1AddressLine2Txt
CitySPRING LAKE HTSCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07762ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
JEFFREY OSBORN
TRUSTEE0.00Yes (X)$0$0$0
TRICIA BROWN
TRUSTEE0.00Yes (X)$0$0$0
LORETTA SCIARAPPA
TRUSTEE0.00Yes (X)$0$0$0
ROBERT SCHATZMAN
PRESIDENT0.00$0$0$0Yes (X)
ANASTASIA MICHALS
VICE-PRESIDE0.00$0$0$0Yes (X)
RICK COPPOLA
SECRETARY0.00$0$0$0Yes (X)
TEDD M VITALE CPA
TREASURER0.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
All Other Contributions$164,197AllOtherContributionsAmt
Total Contributions$164,197TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,866TotalRevenueColumnAmt
Exclusion$3,866ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$36,500SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$27,553SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$8,947SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$8,947TotalRevenueColumnAmt
Related Or Exempt Func Income$8,947RelatedOrExemptFuncIncomeAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$177,010TotalRevenueColumnAmt
Related Or Exempt Func Income$8,947RelatedOrExemptFuncIncomeAmt
Exclusion$3,866ExclusionAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$306TotalAmt
Management And General$306ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
PRESS BOX$72,777$72,777
SCHOOL GYM$9,240$9,240
SCHOLARSHIPS$7,000$7,000
SCHOOL PRINTERS 3D$3,170$3,170

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$5,635TotalAmt
Program Services$930ProgramServicesAmt
Management And General$4,705ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$98,128TotalAmt
Program Services$93,117ProgramServicesAmt
Management And General$5,011ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$31,322BOYAmt
EOY$134,257EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$65,285BOYAmt
EOY$39,961EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$96,607BOYAmt
EOY$174,218EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$96,607BOYAmt
EOY$174,218EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$96,607BOYAmt
EOY$174,218EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$96,607BOYAmt
EOY$174,218EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$78,882ReconcilationRevenueExpnssAmt
Other Changes In Net Assets-$1,271OtherChangesInNetAssetsAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

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$688CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$25,703CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,825CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,510CurrentTaxYearMinus1YearAmt
Current Tax Year$164,197CurrentTaxYearAmt
Total$196,923TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$18,267CurrentTaxYearMinus3YearsAmt
Total$18,267TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$688CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$43,970CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$4,825CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,510CurrentTaxYearMinus1YearAmt
Current Tax Year$164,197CurrentTaxYearAmt
Total$215,190TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$215,190PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$809CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$105CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,228CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,903CurrentTaxYearMinus1YearAmt
Current Tax Year$3,867CurrentTaxYearAmt
Total$11,912TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$809CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$105CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$2,228CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$4,903CurrentTaxYearMinus1YearAmt
Current Tax Year$3,867CurrentTaxYearAmt
Total$11,912TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,497CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$44,075CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$7,053CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,413CurrentTaxYearMinus1YearAmt
Current Tax Year$168,064CurrentTaxYearAmt
Total$227,102TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.94750PublicSupportCY509Pct
Public Support PY5090.86000PublicSupportPY509Pct
Investment Income CY0.05000InvestmentIncomeCYPct
Investment Income PY0.14000InvestmentIncomePYPct
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 - ORGANIZATION'S MISSIONTO 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.
FORM 990, PAGE 6, PART VI, LINE 11BNO REVIEW WAS OR WILL BE CONDUCTED.
FORM 990, PAGE 6, PART VI, LINE 19NO DOCUMENTS AVAILABLE TO THE PUBLIC
FORM 990, PART XI, LINE 9NET UNREALIZED GAIN 0 UNREALIZED LOSS -1,271 TOTAL -1,271

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