BILLY MAC FUND: Form 990EZ, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
BILLY MAC FUND (EIN 46-2643933)
Tax period
2017-01-01 to 2017-12-31
Filed
2018-05-16
IRS object ID
201831369349200033
Schema version
2017v2.2
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)
Return2018-05-16T06:51:21-07:00ReturnTs
Tax Period End2017-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MJW ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 1027AddressLine1Txt
CitySpartaCityNm
State AbbreviationNJStateAbbreviationCd
ZIP07871ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2017-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN462643933EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE BILLY MAC FUND INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBILLBusinessNameControlTxt
Phone9146684585PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 ATLAS PLACEAddressLine1Txt
CityMT VERNONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10552ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonWILLIAM MCGUIREPersonNm
Person TitlePRESIDENT/DIRECTORPersonTitleTxt
Phone9146684585PhoneNum
Signature2018-04-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICHAEL J WILSONPreparerPersonNm
PTINP00466563PTIN
Phone9737277884PhoneNum
Preparation2018-05-16PreparationDt
FieldValueIRS element (for citing)
Tax2017TaxYr
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$68,748GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$45,748ContributionsGiftsGrantsEtcAmt
Program Service Revenue$0ProgramServiceRevenueAmt
Membership Dues$0MembershipDuesAmt
Investment Income$0InvestmentIncomeAmt
Cost Or Other Basis Expense Sale$0CostOrOtherBasisExpenseSaleAmt
Gain Or Loss From Sale Of Assets$0GainOrLossFromSaleOfAssetsAmt
Gaming Gross Income$0GamingGrossIncomeAmt
Fundraising Gross Income$23,000FundraisingGrossIncomeAmt
Special Events Direct Expenses$29,890SpecialEventsDirectExpensesAmt
Special Events Net Income Loss-$6,890SpecialEventsNetIncomeLossAmt
Cost Of Goods Sold$0CostOfGoodsSoldAmt
Gross Profit Loss Sls Of Invntry$0GrossProfitLossSlsOfInvntryAmt
Total Revenue$38,858TotalRevenueAmt
Grants And Similar Amounts Paid$5,000GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$20,400FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$2,551OtherExpensesTotalAmt
Total Expenses$27,951TotalExpensesAmt
Excess Or Deficit For Year$10,907ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$56,930NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$67,837NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$56,930BOYAmt
EOY$67,837EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$56,930BOYAmt
EOY$67,837EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$56,930BOYAmt
EOY$67,837EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTHE CORPORATION IS FORMED FOR THE CHARITABLE PURPOSES OF ASSISTING AND SUPPORTING SCHOOLS AND TOWNS BY THE REBUILDING AND IMPROVEMENT OF ATHLETIC FIELDS SO THAT ATHLETES CAN PLAY ON MODERN ANDPrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomTHE BILLY MAC FUND IS A SCHOLARSHIP FOUNDATION THAT PROVIDES SCHOLARSHIP AND SUPPORT TO AT-NEED NEW YORK AREA SCHOLAR ATHLETES COMMITTED TO THEIR COMMUNITY, ACADEMICS AND SERVICE.DescriptionProgramSrvcAccomTxt
Grants And Allocations$5,000GrantsAndAllocationsAmt
Program Service Expenses$5,000ProgramServiceExpensesAmt
FieldValueIRS element (for citing)
Total Program Service Expenses$5,000TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (10 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
WILLIAM MCGUIRE
DIRECTOR1.00$0
DENISE GONZALEZ
DIRECTOR1.00$0
BENJAMIN SHAPIRO
DIRECTOR1.00$0
JOHN GONZALEZ
DIRECTOR1.00$0
BRANDON ROSENBLATT
DIRECTOR1.00$0
DOUGLAS MASI
DIRECTOR1.00$0
JOHN O'BRIEN
DIRECTOR1.00$0
NICHOLAS HOLIBER
DIRECTOR1.00$0
DAVID SCHNEIDMAN
DIRECTOR1.00$0
RYAN GOLTZMAN
DIRECTOR1.00$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 FldNYStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonWILLIAM MCGUIREPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line17 ATLAS PLACEAddressLine1Txt
CityMT VERNONCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10552ZIPCd
FieldValueIRS element (for citing)
Phone9146684585PhoneNum
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
Public Support Total170$0PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support CY1700PublicSupportCY170Pct

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$45,030CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$78,939CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$77,620CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$80,479CurrentTaxYearMinus1YearAmt
Current Tax Year$45,748CurrentTaxYearAmt
Total$327,816TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$26,200CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$25,235CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$22,100CurrentTaxYearMinus1YearAmt
Current Tax Year$23,000CurrentTaxYearAmt
Total$96,535TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$45,030CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$105,139CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$102,855CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$102,579CurrentTaxYearMinus1YearAmt
Current Tax Year$68,748CurrentTaxYearAmt
Total$424,351TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$424,351PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Total$424,351TotalAmt
FieldValueIRS element (for citing)
Public Support CY5091.00000PublicSupportCY509Pct
Public Support PY5091.00000PublicSupportPY509Pct
Investment Income CY0InvestmentIncomeCYPct
Investment Income PY0.00000InvestmentIncomePYPct
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 G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1GOLF OUTINGEvent1Nm
Gross Receipts Event1$62,503GrossReceiptsEvent1Amt
Charitable Contri Event1$39,503CharitableContriEvent1Amt
Gross Revenue Event1$23,000GrossRevenueEvent1Amt
Other Direct Expenses Event1$29,890OtherDirectExpensesEvent1Amt
Gross Receipts Total$62,503GrossReceiptsTotalAmt
Charitable Contributions Tot$39,503CharitableContributionsTotAmt
Gross Revenue Total Events$23,000GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$29,890OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$29,890DirectExpenseSummaryEventsAmt
Net Income Summary-$6,890NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990EZ, Part I, Line 10COLLEGE SCHOLARSHIP; SCHOLARSHIP; UNION COLLEGE: 807 UNION STREET, SCHENECTADY, NY, 12308; NONE, 500
Form 990EZ, Part I, Line 16BANK/PAYPAL/REGISTRATION FEES 2551.

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