Civic Intelligence

Carpenters Local Union 157 Scholarship Fund

990EZ • Fiscal year 2014 • EIN 02-0602066

Jan 01, 2014 to Dec 31, 2014 • Filed on May 14, 2015

Organization ProfileN/A
395 Hudson StreetNew York, NY 10014

(212) 685-0567

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

98th percentile

0.93x

Higher debt load relative to assets than 98% of similar nonprofits.

2014 filings • NTEE B82 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

99th percentile

15.80x

Higher debt load relative to revenue than 99% of similar nonprofits.

2014 filings • NTEE B82 • <$500k nonprofits • Source year 2014

Net Margin

3rd percentile

-1683%

Higher net margin than 3% of similar nonprofits.

2014 filings • NTEE B82 • <$500k nonprofits • Source year 2014

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2014 filings • NTEE B82 • <$500k nonprofits • Source year 2014

Asset Growth

7th percentile

-39%

Faster asset growth than 7% of similar nonprofits.

2014 filings • NTEE B82 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2013 to 2014

Balance Sheet
Liabilities / Assets98th percentile

Assets

Down

$169,853

Down $108,276 (-39%) from 2013

Net Assets

Down

$11,853

Down $168,276 (-93%) from 2013

Liabilities

Up

$158,000

Up $60,000 (+61%) from 2013

Revenue And Expenses
Liabilities / Revenue99th percentileNet Margin3rd percentile

Revenue

Up

$10,000

Up $10,000 from 2013

Expenses

Up

$178,276

Up $111,366 (+166%) from 2013

Net Income

Down

-$168,276

Down $101,366 (-151%) from 2013

Historical Trend

Balance Sheet Trend

Asset Growth7th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $357,609Liabilities 2010: $65,000Net Assets 2010: $292,6092010Assets 2011: $319,589Liabilities 2011: $72,500Net Assets 2011: $247,0892011Assets 2012: $304,539Liabilities 2012: $57,500Net Assets 2012: $247,0392012Assets 2013: $278,129Liabilities 2013: $98,000Net Assets 2013: $180,1292013Assets 2014: $169,853Liabilities 2014: $158,000Net Assets 2014: $11,8532014Assets 2015: $1,236,764Liabilities 2015: $332,000Net Assets 2015: $904,7642015Assets 2016: $1,121,563Liabilities 2016: $414,000Net Assets 2016: $707,5632016Assets 2017: $1,006,567Liabilities 2017: $474,000Net Assets 2017: $532,5672017Assets 2018: $1,836,903Liabilities 2018: $476,500Net Assets 2018: $1,360,4032018Assets 2019: $1,693,454Liabilities 2019: $478,000Net Assets 2019: $1,215,4542019Assets 2020: $1,411,631Liabilities 2020: $481,000Net Assets 2020: $930,6312020Assets 2021: $2,253,448Liabilities 2021: $497,023Net Assets 2021: $1,756,4252021Assets 2022: $2,114,074Liabilities 2022: $498,250Net Assets 2022: $1,615,8242022Assets 2023: $1,911,901Liabilities 2023: $453,275Net Assets 2023: $1,458,6262023Assets 2024: $1,729,625Liabilities 2024: $462,275Net Assets 2024: $1,267,3502024

Highlighted filing

2014

Assets$169,853
Liabilities$158,000
Net Assets$11,853
Open 2014 Filing

Operations Trend

Revenue GrowthScore unavailable

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $41,6452010Expenses 2011: $42,5202011Expenses 2012: $502012Revenue 2013: $0Expenses 2013: $66,910Net Income 2013: -$66,9102013Revenue 2014: $10,000Expenses 2014: $178,276Net Income 2014: -$168,2762014Revenue 2015: $1,201,108Expenses 2015: $308,197Net Income 2015: $892,9112015Revenue 2016: $102,297Expenses 2016: $299,498Net Income 2016: -$197,2012016Revenue 2017: $120,640Expenses 2017: $295,636Net Income 2017: -$174,9962017Revenue 2018: $1,132,396Expenses 2018: $304,560Net Income 2018: $827,8362018Revenue 2019: $152,564Expenses 2019: $297,513Net Income 2019: -$144,9492019Revenue 2020: $11,809Expenses 2020: $296,632Net Income 2020: -$284,8232020Revenue 2021: $1,137,375Expenses 2021: $311,581Net Income 2021: $825,7942021Revenue 2022: $156,699Expenses 2022: $297,300Net Income 2022: -$140,6012022Revenue 2023: $140,389Expenses 2023: $297,588Net Income 2023: -$157,1992023Revenue 2024: $126,112Expenses 2024: $317,388Net Income 2024: -$191,2762024

Highlighted filing

2014

Revenue$10,000
Expenses$178,276
Net Income-$168,276
Open 2014 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 14, 2015
Return Version
2014v5.0
Gross Receipts
$10,000
Mission and Program Overview

Mission

The program was designed to assist qualified applicants in attaining the benefits of a college education. The carpenters local 157 scholarship fund offers a way to express our continued efforts supporting education for our members' children.

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS AWARDED DURING THE COURSE OF THE YEAR TO QUALIFIED RECIPIENTS.$170,500$170,500
COST OF SELECTING THE WINNERS-$7,776
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
HERCULES REIDDirector-$0--
JOHN CARTYDirector-$0--
MITCHELL SONNTAGDirector-$0--
Filing and Contact Details

Filer

Filer Name
CARPENTERS' LOCAL 157 SCHOLARSHIP
EIN
02-0602066
Phone
2126850567
Address
395 HUDSON STREET, NEW YORK, NY 10014

Signing Officer

Name
Mitchell Sonntag
Title
Director
Phone
2126850567
Signed
2015-05-14
Discuss with paid preparer
Yes

Preparer

Firm
Fitzsimmons Krantz and Abrams Llp
Address
59 E 54TH ST RM 82, NEW YORK, NY 10022-9207
Preparer
David J Fitzsimmons
Phone
2127594949
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8

“Forfeiture of scholarship 10,000 total 10,000”

Form 990-ez, Part I, Line 10

“170,500 0 0”

Form 990-ez, Part I, Line 16

“Expenses educational testing services 7,776 total 7,776”

Form 990-ez, Part II, Line 26

“Grants payable 98,000 158,000”

Form 990-ez, Part III

“The program was designed to assist qualified applicants in attaining the benefits of a college education. The carpenters local 157 scholarship fund offers a way to express our continued efforts supporting education for our members' children.”

Form 990-ez, Part III, Line 31

“Cost of selecting the winners”

Raw XML Appendix133 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CARPENTERS' LOCAL 157 SCHOLARSHIP F
IRS990EZ/BooksInCareOfDetail/PhoneNum02126850567
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0395 HUDSON STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd010014
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0278129
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0169853
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-168276
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0278129
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0169853
IRS990EZ/GrantsAndSimilarAmountsPaidAmt0170500
IRS990EZ/GrossReceiptsAmt010000
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0180129
IRS990EZ/NetAssetsOrFundBalancesEOYAmt011853
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0180129
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt011853
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0HERCULES REID
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1JOHN CARTY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2MITCHELL SONNTAG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt07776
IRS990EZ/OtherRevenueTotalAmt010000
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0THE PROGRAM WAS DESIGNED TO ASSIST QUALIFIED APPLICANTS IN ATTAINING THE BENEFITS OF A COLLEGE EDUCATION. THE CARPENTERS LOCAL 157 SCHOLARSHIP FUND OFFERS A WAY TO EXPRESS OUR CONTINUED EFFORTS SUPPORTING EDUCATION FOR OUR MEMBERS' CHILDREN.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIPS AWARDED DURING THE COURSE OF THE YEAR TO QUALIFIED RECIPIENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1COST OF SELECTING THE WINNERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt0170500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0170500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt17776
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt098000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt0158000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0178276
IRS990EZ/TotalProgramServiceExpensesAmt0178276
IRS990EZ/TotalRevenueAmt010000
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt039967
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt039967
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt010000
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt033363
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt043363
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt083330
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt010000
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt073330
IRS990ScheduleA/Total509Grp/TotalAmt083330
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt010000
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt073330
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt083330
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FORFEITURE OF SCHOLARSHIP 10,000 TOTAL 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1170,500 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EXPENSES EDUCATIONAL TESTING SERVICES 7,776 TOTAL 7,776
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3GRANTS PAYABLE 98,000 158,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE PROGRAM WAS DESIGNED TO ASSIST QUALIFIED APPLICANTS IN ATTAINING THE BENEFITS OF A COLLEGE EDUCATION. THE CARPENTERS LOCAL 157 SCHOLARSHIP FUND OFFERS A WAY TO EXPRESS OUR CONTINUED EFFORTS SUPPORTING EDUCATION FOR OUR MEMBERS' CHILDREN.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COST OF SELECTING THE WINNERS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0MITCHELL SONNTAG
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum02126850567
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CARPENTERS' LOCAL 157 SCHOLARSHIP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND
ReturnHeader/Filer/BusinessNameControlTxt0CARP
ReturnHeader/Filer/EIN0020602066
ReturnHeader/Filer/PhoneNum02126850567
ReturnHeader/Filer/USAddress/AddressLine1Txt0395 HUDSON STREET
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010014
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0132858927
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FITZSIMMONS KRANTZ AND ABRAMS LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt059 E 54TH ST RM 82
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0100229207
ReturnHeader/PreparerPersonGrp/PhoneNum02127594949
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DAVID J FITZSIMMONS
ReturnHeader/ReturnTs02015-05-21T11:15:21-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$169,853
Liabilities
$158,000
Net assets
$11,853
Revenue
$10,000
Expenses
$178,276
Net income
-$168,276
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.73$0.46$1.27$0.13$0.32$0.19
2023Detailed filing. Detailed filing data is available for this year.$1.91$0.45$1.46$0.14$0.30$0.16
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.50$1.62$0.16$0.30$0.14
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.25$0.50$1.76$1.14$0.31$0.83
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.41$0.48$0.93$0.01$0.30$0.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.69$0.48$1.22$0.15$0.30$0.14
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.84$0.48$1.36$1.13$0.30$0.83
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.01$0.47$0.53$0.12$0.30$0.17
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.41$0.71$0.10$0.30$0.20
2015Detailed filing. Detailed filing data is available for this year.$1.24$0.33$0.90$1.20$0.31$0.89
2014Detailed filing. Detailed filing data is available for this year.$0.17$0.16$0.01$0.01$0.18$0.17
2013Detailed filing. Detailed filing data is available for this year.$0.28$0.10$0.18$0.00$0.07$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.30$0.06$0.25$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.32$0.07$0.25$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.36$0.07$0.29$0.04