Ian David Wacks Memorial Scholarship Fund

990EZ • Fiscal year 2013 • EIN 04-3545911

Jan 01, 2013 to Dec 31, 2013 • Filed on Nov 14, 2014

Organization Profile N/A

103 Phoenix Avenue06082

(860) 253-3212

Siviq Scores

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

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

0.00x

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

-9322%

Higher net margin than 1% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

Higher top officer pay than 73% of similar nonprofits.

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

2013 filings • 501(c)3 • <$500k nonprofits • Source year 2013

-88%

Faster asset growth than 3% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2013

-45%

Faster revenue growth than 9% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2011 to 2013

Balance Sheet

Liabilities / Assets55th percentile

Assets

Down

$1,585

Down $100,926 (-98%) from 2011

Net Assets

Down

$1,585

Down $100,926 (-98%) from 2011

Liabilities

Flat

Flat from 2011

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin1st percentile

Revenue

Down

$1,058

Down $2,466 (-70%) from 2011

Expenses

$99,680

Up $94,605 (+1864%) from 2011

Net Income

Down

-$98,622

Down $97,071 (-6259%) from 2011

Historical Trend

Balance Sheet Trend

Asset Growth3rd percentile

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

Highlighted filing

2013

Assets$1,585

Liabilities$0

Net Assets$1,585

Open 2013 Filing

Operations Trend

Revenue Growth9th percentile

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

Highlighted filing

2013

Revenue$1,058

Expenses$99,680

Net Income-$98,622

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2013 to Dec 31, 2013
Signed: Nov 14, 2014
Return Version: 2013v3.0
Gross Receipts: $1,058

Mission and Program Overview

Mission

To annually provide a scholarship to a graduating senior of longmeadow high school, located in longmeadow,ma, based on the individual's character and ability and to support programs within the high school.

Program Services

Description	Grants	Expenses
DONATION TO LONGMEADOW HIGH SCHOOL, LONGMEADOW, MASS. FOR EDUCATIONAL PURPOSES.	$0	$0
COLLEGE SCHOLARSHIP PAID TO THE UNIVERSITY OF MASSACHUSETTS-AMHERST ON BEHALF OF SHEA KELLY.	$0	$0

Compensation and Service Providers

Top Officer Pay73rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
VICTORIA WACKS	Trustee	-	$0	-	-
EDWARD B STAMBOVSKY	Trustee	-	$0	-	-

Filing and Contact Details

Filer

EIN: 04-3545911
Phone: 8602533212

Signing Officer

Name: Edward B Stambovsky
Title: Trustee
Phone: 8602533212
Signed: 2014-11-14
Discuss with paid preparer: Yes

Preparer

Preparer: Edward Stambovsky
Phone: 8607413088

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 4 - Other Investment Income

“Description: bank of america. Amount: 78.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: educational. Grantee name: longmeadow high school. Grantee address: 95 grassy gutter road longmeadow, ma 01106. Grantee relationship: none. Property description: check. Date of gift: 05/31/13. Amount given: 96,680.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship-university of mass. Grantee name: shea kelly. Grantee relationship: none. Property description: check. Date of gift: 08/12/13. Amount given: 3,000. Total included on form 990-ez, line 10: 99,680.”

Raw XML Appendix139 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/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1	0	EDWARD B STAMBOVSKY
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	8602533212
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	103 PHOENIX AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	ENFIELD
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	06082
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	100207
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	1585
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	980
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-98622
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	100207
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	1585
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	99680
IRS990EZ/GrossReceiptsAmt	0	1058
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	78
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	100207
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	1585
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	100207
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	1585
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	0.50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	0.10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	VICTORIA WACKS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	EDWARD B STAMBOVSKY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TRUSTEE
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	TO ANNUALLY PROVIDE A SCHOLARSHIP TO A GRADUATING SENIOR OF LONGMEADOW HIGH SCHOOL, LOCATED IN LONGMEADOW,MA, BASED ON THE INDIVIDUAL'S CHARACTER AND ABILITY AND TO SUPPORT PROGRAMS WITHIN THE HIGH SCHOOL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	DONATION TO LONGMEADOW HIGH SCHOOL, LONGMEADOW, MASS. FOR EDUCATIONAL PURPOSES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	COLLEGE SCHOLARSHIP PAID TO THE UNIVERSITY OF MASSACHUSETTS-AMHERST ON BEHALF OF SHEA KELLY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	1	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	1	0
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	MA
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	99680
IRS990EZ/TotalProgramServiceExpensesAmt	0	0
IRS990EZ/TotalRevenueAmt	0	1058
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationTrustInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	980
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	2480
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	3205
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	4654
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	4695
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	16014
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	78
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	225
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	319
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	411
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	1398
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	2431
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.86820
IRS990ScheduleA/PublicSupportPY170Pct	0	0.77460
IRS990ScheduleA/PublicSupportTotal170Amt	0	16014
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	980
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	2480
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	3205
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	4654
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	4695
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	16014
IRS990ScheduleA/TotalSupportAmt	0	18445
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: BANK OF AMERICA. AMOUNT: 78.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	ACTIVITY CLASSIFICATION: EDUCATIONAL. GRANTEE NAME: LONGMEADOW HIGH SCHOOL. GRANTEE ADDRESS: 95 GRASSY GUTTER ROAD LONGMEADOW, MA 01106. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CHECK. DATE OF GIFT: 05/31/13. AMOUNT GIVEN: 96,680.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	ACTIVITY CLASSIFICATION: SCHOLARSHIP-UNIVERSITY OF MASS. GRANTEE NAME: SHEA KELLY. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CHECK. DATE OF GIFT: 08/12/13. AMOUNT GIVEN: 3,000. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 99,680.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 4 - OTHER INVESTMENT INCOME
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE 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.
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	EDWARD B STAMBOVSKY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	8602533212
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2014-11-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	IAN D WACKS MEMORIAL SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt	0	IAND
ReturnHeader/Filer/EIN	0	043545911
ReturnHeader/Filer/PhoneNum	0	8602533212
ReturnHeader/Filer/USAddress/AddressLine1	0	103 PHOENIX AVENUE
ReturnHeader/Filer/USAddress/City	0	ENFIELD
ReturnHeader/Filer/USAddress/State	0	CT
ReturnHeader/Filer/USAddress/ZIPCode	0	06082
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	061119866
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	VIOLA CHRABASCZ REYNOLDS & CO LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	103 PHOENIX AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	ENFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	06082
ReturnHeader/PreparerPersonGrp/PhoneNum	0	8607413088
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2014-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	EDWARD STAMBOVSKY
ReturnHeader/ReturnTs	0	2014-11-14T14:31:45-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2013-01-01
ReturnHeader/TaxPeriodEndDt	0	2013-12-31
ReturnHeader/TaxYr	0	2013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $1,585
Liabilities: $0
Net assets: $1,585
Revenue: $1,058
Expenses: $99,680
Net income: -$98,622

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2014Detailed filing. Detailed filing data is available for this year.	$0.00	$0.00	$0.00	$0.00	$0.02	$0.02
2013Detailed filing. Detailed filing data is available for this year.	$0.02	$0.00	$0.02	$0.01	$1.00	$0.99
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.03	$0.00	$1.03	$0.04	$0.05	$0.02
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.04	$0.00	$1.04	$0.05	$0.05	$0.00