Civic Intelligence

Carpenters Scholarship Fund

EIN 05-0436957 • 501(c)3 • Warwick, RI

Profile

Awarding scholarships

14 Jefferson Park RdWarwick, RI 02888

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

2nd percentile

-4092%

Higher net margin than 2% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

37th percentile

-14%

Faster asset growth than 37% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

42nd percentile

-10%

Faster revenue growth than 42% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$248,753

Down $39,163 (-14%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

Down

$248,753

Down $39,163 (-14%) from 2023

Operations
Liabilities / RevenueScore unavailableNet Margin2nd percentile

Revenue

Down

$957

Down $111 (-10%) from 2023

Expenses

Up

$40,120

Up $7,763 (+24%) from 2023

Net Income

Down

-$39,163

Down $7,874 (-25%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth37th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$600K$400K$200K$0Assets 2011: $349,447Net Assets 2011: $349,4472011Assets 2012: $294,331Net Assets 2012: $294,3312012Assets 2013: $276,109Liabilities 2013: $0Net Assets 2013: $276,1092013Assets 2014: $229,774Liabilities 2014: $0Net Assets 2014: $229,7742014Assets 2015: $240,091Liabilities 2015: $0Net Assets 2015: $240,0912015Assets 2016: $286,651Liabilities 2016: $0Net Assets 2016: $286,6512016Assets 2017: $331,622Liabilities 2017: $0Net Assets 2017: $331,6222017Assets 2018: $401,172Liabilities 2018: $0Net Assets 2018: $401,1722018Assets 2019: $422,908Liabilities 2019: $0Net Assets 2019: $422,9082019Assets 2020: $378,874Liabilities 2020: $0Net Assets 2020: $378,8742020Assets 2021: $346,860Liabilities 2021: $0Net Assets 2021: $346,8602021Assets 2022: $319,205Liabilities 2022: $0Net Assets 2022: $319,2052022Assets 2023: $287,916Liabilities 2023: $0Net Assets 2023: $287,9162023Assets 2024: $248,753Net Assets 2024: $248,7532024

Highlighted filing

2024

Assets$248,753
Liabilities-
Net Assets$248,753
Open 2024 Filing

Operations Trend

Revenue Growth42nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$200K$100K$0-$100KRevenue 2011: $53,581Expenses 2011: $140,230Net Income 2011: -$86,6492011Revenue 2012: $57,546Expenses 2012: $112,662Net Income 2012: -$55,1162012Revenue 2013: $70,013Expenses 2013: $88,235Net Income 2013: -$18,2222013Revenue 2014: $35,684Expenses 2014: $82,019Net Income 2014: -$46,3352014Revenue 2015: $76,795Expenses 2015: $66,478Net Income 2015: $10,3172015Revenue 2016: $103,407Expenses 2016: $56,847Net Income 2016: $46,5602016Revenue 2017: $90,327Expenses 2017: $45,356Net Income 2017: $44,9712017Revenue 2018: $112,888Expenses 2018: $43,138Net Income 2018: $69,7502018Revenue 2019: $62,099Expenses 2019: $40,363Net Income 2019: $21,7362019Revenue 2020: $43Expenses 2020: $44,077Net Income 2020: -$44,0342020Revenue 2021: $0Expenses 2021: $32,014Net Income 2021: -$32,0142021Revenue 2022: $120Expenses 2022: $27,775Net Income 2022: -$27,6552022Revenue 2023: $1,068Expenses 2023: $32,357Net Income 2023: -$31,2892023Revenue 2024: $957Expenses 2024: $40,120Net Income 2024: -$39,1632024

Highlighted filing

2024

Revenue$957
Expenses$40,120
Net Income-$39,163
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$248,753
Liabilities
-
Net assets
$248,753
Revenue
$957
Expenses
$40,120
Net income
-$39,163
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet 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
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 14, 2025
Return Version
2024v5.1
Gross Receipts
$957
Mission and Program Overview

Mission

Awarding scholarships

Program Services

DescriptionGrantsExpenses
For the purpose of providing educational benefits to the eligible dependents of eligible members. The number of applicants awarded scholarships was 20 and ranged in amount from $800 to $1,600.-$29,400
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Anthony ElgarTrustee-$0--
Robert MorrisTrustee-$0--
Michael HolmesChairman-$0--
Matthew MedeirosTrustee-$0--
Zachary McQuestenTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Carpenters Scholarship Fund
EIN
05-0436957
Phone
4014677070
Address
14 Jefferson Park Rd, Warwick, RI 02888

Signing Officer

Name
Michael Holmes
Title
Chairman
Signed
2025-04-14
Discuss with paid preparer
Yes

Preparer

Firm
Russolino & Young Ltd
Address
260 West Exchange St Ste201, Providence, RI 02903
Preparer
Joseph Russolino
Phone
4012734200
Supplemental Narrative

Additional Explanations

Other Expenses.1

“Scholarships $29400”

Raw XML Appendix135 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/PersonNm0Michael Holmes
IRS990EZ/BooksInCareOfDetail/PhoneNum04014241100
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt014 Jefferson Park Rd
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Warwick
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002888
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0287916
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt0248753
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt075
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-39163
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt09770
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0287916
IRS990EZ/Form990TotalAssetsGrp/EOYAmt0248753
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrossReceiptsAmt0957
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt0882
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0287916
IRS990EZ/NetAssetsOrFundBalancesEOYAmt0248753
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0287916
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0248753
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Anthony Elgar
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Robert Morris
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Michael Holmes
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Matthew Medeiros
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Zachary McQuesten
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Chairman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Trustee
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt029400
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0Awarding scholarships
IRS990EZ/PrintingPublicationsPostageAmt0950
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0For the purpose of providing educational benefits to the eligible dependents of eligible members. The number of applicants awarded scholarships was 20 and ranged in amount from $800 to $1,600.
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt029400
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt040120
IRS990EZ/TotalProgramServiceExpensesAmt029400
IRS990EZ/TotalRevenueAmt0957
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt075
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt031
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0106
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0882
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt01068
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0120
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt012
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt02082
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.04840
IRS990ScheduleA/PublicSupportPY170Pct00.97290
IRS990ScheduleA/PublicSupportTotal170Amt0106
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsPY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt075
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt031
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0106
IRS990ScheduleA/TotalSupportAmt02188
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Scholarships $29400
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Other Expenses.1
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Michael Holmes
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Chairman
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-04-14
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Carpenters Scholarship Fund
ReturnHeader/Filer/BusinessNameControlTxt0CARP
ReturnHeader/Filer/EIN0050436957
ReturnHeader/Filer/PhoneNum04014677070
ReturnHeader/Filer/USAddress/AddressLine1Txt014 Jefferson Park Rd
ReturnHeader/Filer/USAddress/CityNm0Warwick
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002888
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0050449812
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Russolino & Young Ltd
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0260 West Exchange St Ste201
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Providence
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002903
ReturnHeader/PreparerPersonGrp/PhoneNum04012734200
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Joseph Russolino
ReturnHeader/ReturnTs02025-04-14T12:58:16-07:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 501(c)3 • <$500k nonprofits