Rhode Island Carpenters Scholarship Fund

990EZ • Fiscal year 2013 • EIN 05-0436957

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 11, 2014

Organization Profile N/A

14 Jefferson Park RdWarwick, RI 02888

(401) 467-7070

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

-26%

Higher net margin than 13% 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

-6.2%

Faster asset growth than 34% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

22%

Faster revenue growth than 73% of similar nonprofits.

2013 filings • 501(c)3 • <$500k nonprofits • Annualized from 2012 to 2013

Balance Sheet

Liabilities / Assets55th percentile

Assets

Down

$276,109

Down $18,222 (-6.2%) from 2012

Net Assets

Down

$276,109

Down $18,222 (-6.2%) from 2012

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / Revenue56th percentile Net Margin13th percentile

Revenue

$70,013

Up $12,467 (+22%) from 2012

Expenses

Down

$88,235

Down $24,427 (-22%) from 2012

Net Income

-$18,222

Up $36,894 (+67%) from 2012

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

Highlighted filing

2013

Assets$276,109

Liabilities$0

Net Assets$276,109

Open 2013 Filing

Operations Trend

Revenue Growth73rd percentile

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

Highlighted filing

2013

Revenue$70,013

Expenses$88,235

Net Income-$18,222

Open 2013 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2013 to Dec 31, 2013
Signed: Jul 11, 2014
Return Version: 2013v3.1
Gross Receipts: $82,295

Mission and Program Overview

Mission

Awarding scholarships

Program Services

Description	Grants	Expenses
For the purpose of providing educational benefits to the eligible dependents of eligible members. The number of applicants awarded scholarships was 57 and ranged in amount from $500 to $2000.	$77,000	-

Compensation and Service Providers

Top Officer Pay73rd percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
William Holmes	Trustee	-	$0	-	-
David Hart	Trustee	-	$0	-	-
Michael Antunes	Trustee	-	$0	-	-
David Palmisciano	Trustee	-	$0	-	-
Angelo Stott	Trustee	-	$0	-	-
Michael Holmes	Trustee	-	$0	-	-

Fundraising, Events, and Gaming

Fundraising Events

Event	Gross Receipts	Gross Revenue	Direct Expenses	Net Income
Event 1	$26,535	$26,535	$12,282	$14,253
Total Events	$26,535	$26,535	$12,282	$14,253

Filing and Contact Details

Filer

EIN: 05-0436957
Phone: 4014677070

Signing Officer

Name: David Palmisciano
Title: Trustee
Signed: 2014-07-11
Discuss with paid preparer: Yes

Preparer

Preparer: Joseph Russolino
Phone: 4012734200

Supplemental Narrative

Additional Explanations

Other Expenses.1

“Scholarships $77000”

Raw XML Appendix155 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.

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IRS990EZ/ActivitiesNotPreviouslyRptInd	0	false
IRS990EZ/BooksInCareOfDetail/PersonNm	0	David Palmisciano
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	4014677070
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1	0	14 Jefferson Park Rd
IRS990EZ/BooksInCareOfDetail/USAddress/City	0	Warwick
IRS990EZ/BooksInCareOfDetail/USAddress/State	0	RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode	0	02888
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	294331
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	276109
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/CostOfGoodsSoldAmt	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-18222
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	9903
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form720FiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	294331
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	276109
IRS990EZ/FundraisingGrossIncomeAmt	0	26535
IRS990EZ/GrossReceiptsAmt	0	82295
IRS990EZ/GrossReceiptsForPublicUseAmt	0	0
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/InitiationFeesAndCapContriAmt	0	0
IRS990EZ/InvestmentIncomeAmt	0	17960
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MembershipDuesAmt	0	37800
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	294331
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	276109
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	294331
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	276109
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	4	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	5	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	4	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	5	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	William Holmes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	David Hart
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	Michael Antunes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	David Palmisciano
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	4	Angelo Stott
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	5	Michael Holmes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	4	Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	5	Trustee
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationFiled990TInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherExpensesTotalAmt	0	77000
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	Awarding scholarships
IRS990EZ/PrintingPublicationsPostageAmt	0	1332
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	For the purpose of providing educational benefits to the eligible dependents of eligible members. The number of applicants awarded scholarships was 57 and ranged in amount from $500 to $2000.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	77000
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/RelatedOrgSect527OrgInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/SpecialEventsDirectExpensesAmt	0	12282
IRS990EZ/SpecialEventsNetIncomeLossAmt	0	14253
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	88235
IRS990EZ/TotalProgramServiceExpensesAmt	0	77000
IRS990EZ/TotalRevenueAmt	0	70013
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	37800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	44496
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	34685
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	48682
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	80548
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	246211
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt	0	0
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	17960
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	3765
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	4225
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	3986
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	6861
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	36797
IRS990ScheduleA/OtherIncome170Grp/TotalAmt	0	0
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.87000
IRS990ScheduleA/PublicSupportPY170Pct	0	0.89660
IRS990ScheduleA/PublicSupportTotal170Amt	0	246211
IRS990ScheduleA/SubstantialContributorsTotAmt	0	0
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt	0	0
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	37800
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	44496
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	34685
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	48682
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	80548
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	246211
IRS990ScheduleA/TotalSupportAmt	0	283008
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt	0	0
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt	0	12282
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt	0	26535
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt	0	26535
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt	0	26535
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt	0	26535
IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt	0	Golf tournament
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt	0	14253
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt	0	12282
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt	0	12282
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	Scholarships $77000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	Other Expenses.1
ReturnHeader/BuildTS	0	2015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	David Palmisciano
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	Trustee
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2014-07-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1	0	Carpenters Scholarship Fund
ReturnHeader/Filer/BusinessNameControlTxt	0	CARP
ReturnHeader/Filer/EIN	0	050436957
ReturnHeader/Filer/PhoneNum	0	4014677070
ReturnHeader/Filer/USAddress/AddressLine1	0	14 Jefferson Park Rd
ReturnHeader/Filer/USAddress/City	0	Warwick
ReturnHeader/Filer/USAddress/State	0	RI
ReturnHeader/Filer/USAddress/ZIPCode	0	02888
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1	0	Russolino & Young Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1	0	260 West Exchange St Ste201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City	0	Providence
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State	0	RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode	0	02903
ReturnHeader/PreparerPersonGrp/PhoneNum	0	4012734200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	Joseph Russolino
ReturnHeader/ReturnTs	0	2014-07-10T21:51:33-07:00
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: $276,109
Liabilities: $0
Net assets: $276,109
Revenue: $70,013
Expenses: $88,235
Net income: -$18,222

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$2.49		$2.49	$0.01	$0.40	$0.39
2023Detailed filing. Detailed filing data is available for this year.	$2.88	$0.00	$2.88	$0.01	$0.32	$0.31
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.19	$0.00	$3.19	$0.00	$0.28	$0.28
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.47	$0.00	$3.47	$0.00	$0.32	$0.32
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$3.79	$0.00	$3.79	$0.00	$0.44	$0.44
2019Detailed filing. Detailed filing data is available for this year.	$4.23	$0.00	$4.23	$0.62	$0.40	$0.22
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$4.01	$0.00	$4.01	$1.13	$0.43	$0.70
2017Summary only. Only limited summary data is available for this year.	$3.32	$0.00	$3.32	$0.90	$0.45	$0.45
2016Detailed filing. Detailed filing data is available for this year.	$2.87	$0.00	$2.87	$1.03	$0.57	$0.47
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.	$2.40	$0.00	$2.40	$0.77	$0.66	$0.10
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.	$2.30	$0.00	$2.30	$0.36	$0.82	$0.46
2013Detailed filing. Detailed filing data is available for this year.	$2.76	$0.00	$2.76	$0.70	$0.88	$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$2.94		$2.94	$0.58	$1.13	$0.55
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$3.49		$3.49	$0.54	$1.40	$0.87