Civic Intelligence

Mount Pleasant Memorial Scholarship Fund Inc.

990EZ • Fiscal year 2020 • EIN 04-3294401

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 04, 2020

141 Staples StreetLowell, MA 01851-2840

(978) 453-2949

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Liabilities / Revenue

55th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Net Margin

98th percentile

94%

Higher net margin than 98% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Asset Growth

63rd percentile

15%

Faster asset growth than 63% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

71st percentile

6.8%

Faster revenue growth than 71% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$84,006

Up $10,895 (+15%) from 2019

Net Assets

Up

$84,006

Up $10,895 (+15%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Up

$12,801

Up $817 (+6.8%) from 2019

Expenses

Down

$796

Down $14,072 (-95%) from 2019

Net Income

Up

$12,005

Up $14,889 (+516%) from 2019

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2012: $84,556Liabilities 2012: $02012Assets 2013: $88,357Liabilities 2013: $0Net Assets 2013: $88,3572013Assets 2014: $88,311Liabilities 2014: $0Net Assets 2014: $88,3112014Assets 2015: $82,426Liabilities 2015: $0Net Assets 2015: $82,4262015Assets 2016: $78,460Liabilities 2016: $0Net Assets 2016: $78,4602016Assets 2017: $84,889Liabilities 2017: $0Net Assets 2017: $84,8892017Assets 2018: $75,299Liabilities 2018: $0Net Assets 2018: $75,2992018Assets 2019: $73,111Liabilities 2019: $0Net Assets 2019: $73,1112019Assets 2020: $84,006Liabilities 2020: $0Net Assets 2020: $84,0062020Assets 2021: $85,435Liabilities 2021: $0Net Assets 2021: $85,4352021Assets 2022: $76,806Liabilities 2022: $0Net Assets 2022: $76,8062022Assets 2023: $87,903Liabilities 2023: $0Net Assets 2023: $87,9032023Assets 2024: $82,516Liabilities 2024: $0Net Assets 2024: $82,5162024Assets 2025: $81,580Net Assets 2025: $81,5802025

Highlighted filing

2020

Assets$84,006
Liabilities$0
Net Assets$84,006

Operations Trend

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

$40K$30K$20K$10K$0-$10KRevenue 2012: $14,344Expenses 2012: $9,579Net Income 2012: $4,7652012Revenue 2013: $9,292Expenses 2013: $5,491Net Income 2013: $3,8012013Revenue 2014: $6,832Expenses 2014: $6,878Net Income 2014: -$462014Revenue 2015: $10,063Expenses 2015: $14,703Net Income 2015: -$4,6402015Revenue 2016: $8,687Expenses 2016: $12,710Net Income 2016: -$4,0232016Revenue 2017: $16,296Expenses 2017: $10,315Net Income 2017: $5,9812017Revenue 2018: $8,645Expenses 2018: $17,465Net Income 2018: -$8,8202018Revenue 2019: $11,984Expenses 2019: $14,868Net Income 2019: -$2,8842019Revenue 2020: $12,801Expenses 2020: $796Net Income 2020: $12,0052020Revenue 2021: $27,419Expenses 2021: $27,836Net Income 2021: -$4172021Revenue 2022: $13,720Expenses 2022: $16,662Net Income 2022: -$2,9422022Revenue 2023: $30,808Expenses 2023: $19,900Net Income 2023: $10,9082023Revenue 2024: $20,015Expenses 2024: $17,055Net Income 2024: $2,9602024Revenue 2025: $20,438Expenses 2025: $22,004Net Income 2025: -$1,5662025

Highlighted filing

2020

Revenue$12,801
Expenses$796
Net Income$12,005
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 4, 2020
Return Version
2019v5.0
Gross Receipts
$12,801
Mission and Program Overview

Mission

To award educational scholarships to local high school seniors attending either two-year, four-year or vocational schools.

Program Services

DescriptionGrantsExpenses
DUE TO THE COVID-19 PANDEMIC THE MEMORIAL SCHOLARSHIP FUND WAS UNABLE TO PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS PRIOR TO THEIR FISCAL YEAR END. ON AUGUST 5, 2020 WHEN ACTIVITIES RESUMED THE FUND PROVIDED 15 SCHOLARSHIPS TO STUDENTS.-$242
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
SEAN MORIARTYPresident-$0--
TIMOTHY PATTERSONTreasurer-$0--
DONNA L FOLEYSecretary-$0--
ANN MURPHYDirector-$0--
KENNETH BOWSERDirector-$0--
Filing and Contact Details

Filer

Filer Name
Mt Pleasant Memorial Scholarship
EIN
04-3294401
Phone
9784532949
Address
141 STAPLES STREET, LOWELL, MA 01851-2840

Signing Officer

Name
Timothy Patterson
Title
Treasurer
Phone
9784532949
Signed
2020-11-04

Preparer

Firm
Cain Bourret Jarry & Associates LLC
Address
1595 LAKEVIEW AVENUE, DRACUT, MA 01826
Preparer
Steven R Bourret
Phone
9789571421
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office supplies and expen 242 state annual report fees 54 total 296

Form 990-ez, Part I, Line 20

Unrealized gain on investments 0 unrealized loss on investments -1,110

Form 990-ez, Part III

To award educational scholarships to local high school seniors attending either two-year, four-year or vocational schools.

Form 990-ez, Part III, Line 28

Due to the covid-19 pandemic the memorial scholarship fund was unable to provide scholarships to deserving students prior to their fiscal year end. On august 5, 2020 when activities resumed the fund provided 15 scholarships to students.

Raw XML Appendix158 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/PersonNm0TIMOTHY PATTERSON
IRS990EZ/BooksInCareOfDetail/PhoneNum09782841028
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt061 NOB WAY
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0LOWELL
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001852
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt073111
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt084006
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt011330
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt012005
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0500
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt073111
IRS990EZ/Form990TotalAssetsGrp/EOYAmt084006
IRS990EZ/GrossReceiptsAmt012801
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt01471
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt073111
IRS990EZ/NetAssetsOrFundBalancesEOYAmt084006
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt073111
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt084006
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt00.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt10.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt20.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40.25
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0SEAN MORIARTY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1TIMOTHY PATTERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DONNA L FOLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ANN MURPHY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4KENNETH BOWSER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-1110
IRS990EZ/OtherExpensesTotalAmt0296
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO AWARD EDUCATIONAL SCHOLARSHIPS TO LOCAL HIGH SCHOOL SENIORS ATTENDING EITHER TWO-YEAR, FOUR-YEAR OR VOCATIONAL SCHOOLS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0DUE TO THE COVID-19 PANDEMIC THE MEMORIAL SCHOLARSHIP FUND WAS UNABLE TO PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS PRIOR TO THEIR FISCAL YEAR END. ON AUGUST 5, 2020 WHEN ACTIVITIES RESUMED THE FUND PROVIDED 15 SCHOLARSHIPS TO STUDENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0242
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt0796
IRS990EZ/TotalProgramServiceExpensesAmt0242
IRS990EZ/TotalRevenueAmt012801
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt011330
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt09920
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt07335
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt014656
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt07580
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt050821
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01471
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt02064
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01310
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01639
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01107
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt07591
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01471
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt02064
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01310
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01639
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01107
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt07591
IRS990ScheduleA/InvestmentIncomeCYPct00.13000
IRS990ScheduleA/InvestmentIncomePYPct00.14000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.87000
IRS990ScheduleA/PublicSupportPY509Pct00.86200
IRS990ScheduleA/PublicSupportTotal509Amt050821
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt011330
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt09920
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt07335
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt014656
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt07580
IRS990ScheduleA/Total509Grp/TotalAmt050821
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt012801
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt011984
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt08645
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt016295
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt08687
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt058412
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES AND EXPEN 242 STATE ANNUAL REPORT FEES 54 TOTAL 296
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1UNREALIZED GAIN ON INVESTMENTS 0 UNREALIZED LOSS ON INVESTMENTS -1,110
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TO AWARD EDUCATIONAL SCHOLARSHIPS TO LOCAL HIGH SCHOOL SENIORS ATTENDING EITHER TWO-YEAR, FOUR-YEAR OR VOCATIONAL SCHOOLS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DUE TO THE COVID-19 PANDEMIC THE MEMORIAL SCHOLARSHIP FUND WAS UNABLE TO PROVIDE SCHOLARSHIPS TO DESERVING STUDENTS PRIOR TO THEIR FISCAL YEAR END. ON AUGUST 5, 2020 WHEN ACTIVITIES RESUMED THE FUND PROVIDED 15 SCHOLARSHIPS TO STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 20
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY PATTERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09784532949
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-11-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MT PLEASANT MEMORIAL SCHOLARSHIP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0MTPL
ReturnHeader/Filer/EIN0043294401
ReturnHeader/Filer/PhoneNum09784532949
ReturnHeader/Filer/USAddress/AddressLine1Txt0141 STAPLES STREET
ReturnHeader/Filer/USAddress/CityNm0LOWELL
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0018512840
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId0528A732278B3F2CC194732DFF31CC0F52E407B17
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId009AB8B3E886DA57EAAFD72429D13E43204055D67
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt074.92.34.217
ReturnHeader/FilingSecurityInformation/IPDt02020-11-04
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm013:00:52
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0263582184
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CAIN BOURRET JARRY & ASSOCIATES LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01595 LAKEVIEW AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0DRACUT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001826
ReturnHeader/PreparerPersonGrp/PhoneNum09789571421
ReturnHeader/PreparerPersonGrp/PreparationDt02020-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEVEN R BOURRET
ReturnHeader/ReturnTs02020-11-04T13:00:52-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-07-01
ReturnHeader/TaxPeriodEndDt02020-06-30
ReturnHeader/TaxYr02019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$81.6$81.6$20.4$22.0$1.57
2024Detailed filing. Detailed filing data is available for this year.$82.5$0.00$82.5$20.0$17.1$2.96
2023Detailed filing. Detailed filing data is available for this year.$87.9$0.00$87.9$30.8$19.9$10.9
2022Detailed filing. Detailed filing data is available for this year.$76.8$0.00$76.8$13.7$16.7$2.94
2021Detailed filing. Detailed filing data is available for this year.$85.4$0.00$85.4$27.4$27.8$0.42
2020Detailed filing. Detailed filing data is available for this year.$84.0$0.00$84.0$12.8$0.80$12.0
2019Detailed filing. Detailed filing data is available for this year.$73.1$0.00$73.1$12.0$14.9$2.88
2018Detailed filing. Detailed filing data is available for this year.$75.3$0.00$75.3$8.65$17.5$8.82
2017Detailed filing. Detailed filing data is available for this year.$84.9$0.00$84.9$16.3$10.3$5.98
2016Detailed filing. Detailed filing data is available for this year.$78.5$0.00$78.5$8.69$12.7$4.02
2015Detailed filing. Detailed filing data is available for this year.$82.4$0.00$82.4$10.1$14.7$4.64
2014Detailed filing. Detailed filing data is available for this year.$88.3$0.00$88.3$6.83$6.88$0.05
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$88.4$0.00$88.4$9.29$5.49$3.80
2012Summary only. Only limited summary data is available for this year.$84.6$0.00$14.3$9.58$4.77