Civic Intelligence

Second Century Fund Inc of Beta

EIN 06-1389750 • 501(c)7 • Branford, CT

Profile

Cultivate alumni and maintain contract with members of the fraternal organization

28 Turtle Bay DriveBranford, CT 06405

n/A

Siviq Scores

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

Liabilities / Assets

33rd percentile

0.00x

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

501(c)7 • $500k-$1M nonprofits • Source year 2024

Liabilities / Revenue

34th percentile

0.00x

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

501(c)7 • $500k-$1M nonprofits • Source year 2024

Net Margin

3rd percentile

-57%

Higher net margin than 3% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Source year 2024

Top Officer Pay

89th percentile

$0

Higher top officer pay than 89% of similar nonprofits.

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

501(c)7 • $500k-$1M nonprofits • Source year 2024

Asset Growth

25th percentile

-3.6%

Faster asset growth than 25% of similar nonprofits.

501(c)7 • $500k-$1M nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

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

Annualized from 2023 to 2024

Assets

Down

$652,871

Down $24,031 (-3.6%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Down

$652,871

Down $24,031 (-3.6%) from 2023

Revenue

Up

$42,047

Up $44,757 (+1652%) from 2023

Expenses

Down

$66,078

Down $11,212 (-15%) from 2023

Net Income

Up

-$24,031

Up $55,969 (+70%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2011: $730,790Liabilities 2011: $0Net Assets 2011: $730,7902011Assets 2012: $742,253Liabilities 2012: $0Net Assets 2012: $742,2532012Assets 2013: $724,463Liabilities 2013: $0Net Assets 2013: $724,4632013Assets 2014: $721,589Liabilities 2014: $0Net Assets 2014: $721,5892014Assets 2015: $775,854Liabilities 2015: $0Net Assets 2015: $775,8542015Assets 2016: $699,767Liabilities 2016: $0Net Assets 2016: $699,7672016Assets 2017: $741,808Liabilities 2017: $0Net Assets 2017: $741,8082017Assets 2018: $764,534Liabilities 2018: $0Net Assets 2018: $764,5342018Assets 2019: $752,728Liabilities 2019: $0Net Assets 2019: $752,7282019Assets 2020: $767,595Liabilities 2020: $0Net Assets 2020: $767,5952020Assets 2021: $806,431Liabilities 2021: $0Net Assets 2021: $806,4312021Assets 2022: $0Liabilities 2022: $0Net Assets 2022: $02022Assets 2023: $676,902Liabilities 2023: $0Net Assets 2023: $676,9022023Assets 2024: $652,871Liabilities 2024: $0Net Assets 2024: $652,8712024

Highlighted filing

2024

Assets$652,871
Liabilities$0
Net Assets$652,871

Operations Trend

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

$100K$50K$0-$50K-$100KRevenue 2011: $34,128Expenses 2011: $1,172Net Income 2011: $32,9562011Revenue 2012: $29,649Expenses 2012: $18,186Net Income 2012: $11,4632012Revenue 2013: $14,809Expenses 2013: $32,599Net Income 2013: -$17,7902013Revenue 2014: $49,211Expenses 2014: $51,934Net Income 2014: -$2,7232014Revenue 2015: $84,038Expenses 2015: $29,773Net Income 2015: $54,2652015Revenue 2016: -$37,000Expenses 2016: $39,087Net Income 2016: -$76,0872016Revenue 2017: $69,551Expenses 2017: $27,510Net Income 2017: $42,0412017Revenue 2018: $54,069Expenses 2018: $31,342Net Income 2018: $22,7272018Revenue 2019: $20,908Expenses 2019: $32,714Net Income 2019: -$11,8062019Revenue 2020: $38,659Expenses 2020: $23,792Net Income 2020: $14,8672020Revenue 2021: $51,969Expenses 2021: $13,133Net Income 2021: $38,8362021Revenue 2022: -$1,847Expenses 2022: $28,049Net Income 2022: -$29,8962022Revenue 2023: -$2,710Expenses 2023: $77,290Net Income 2023: -$80,0002023Revenue 2024: $42,047Expenses 2024: $66,078Net Income 2024: -$24,0312024

Highlighted filing

2024

Revenue$42,047
Expenses$66,078
Net Income-$24,031

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.53$0.00$6.53$0.42$0.66$0.24
2023Detailed filing. Detailed filing data is available for this year.$6.77$0.00$6.77$0.03$0.77$0.80
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.02$0.28$0.30
2021Detailed filing. Detailed filing data is available for this year.$8.06$0.00$8.06$0.52$0.13$0.39
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.68$0.00$7.68$0.39$0.24$0.15
2019Detailed filing. Detailed filing data is available for this year.$7.53$0.00$7.53$0.21$0.33$0.12
2018Summary only. Only limited summary data is available for this year.$7.65$0.00$7.65$0.54$0.31$0.23
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.42$0.00$7.42$0.70$0.28$0.42
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.00$0.00$7.00$0.37$0.39$0.76
2015Summary only. Only limited summary data is available for this year.$7.76$0.00$7.76$0.84$0.30$0.54
2014Summary only. Only limited summary data is available for this year.$7.22$0.00$7.22$0.49$0.52$0.03
2013Summary only. Only limited summary data is available for this year.$7.24$0.00$7.24$0.15$0.33$0.18
2012Summary only. Only limited summary data is available for this year.$7.42$0.00$7.42$0.30$0.18$0.11
2011Summary only. Only limited summary data is available for this year.$7.31$0.00$7.31$0.34$0.01$0.33
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Nov 1, 2022 to Oct 31, 2023
Signed
Sep 9, 2024
Return Version
2022v5.0
Gross Receipts
$337,087
Mission and Program Overview

Mission

Cultivate alumni and maintain contract

Cultivate alumni and maintain contract with members of the fraternal organization

Balance Sheet Detail
LineBeginningEndChange
Assets
Rtn Earn Endowment Incm Other Fnds$756,902$676,902▼ $80,000
Investments in Publicly Traded Securities$736,969$666,537▼ $70,432
Cash and Non-Interest-Bearing Accounts$19,933$10,365▼ $9,568
Total Assets$756,902$676,902▼ $80,000
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$756,902$676,902▼ $80,000
Total Liabilities and Net Assets / Fund Balance$756,902$676,902▼ $80,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
David WhiteDirectorPT$7,000$7,000
Douglas HausladenDirectorPT$7,000$7,000
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$-2,710
Other Revenue
$0
Change in Net Assets
$-80,000
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$32,500
Other Expenses$30,790
Salaries, Compensation, and Employee Benefits$14,000
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$32,500--$32,500
Current Officers, Directors, Trustees, and Key Employees$0$14,000$0$14,000
Advertising$1,580$0$0$1,580
Other Expenses$0$30$0$30
Total Functional Expenses$34,080$43,210$0$77,290
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Washington & Jefferson CollegeWashington, PA-Scholarship$15,000
Yale UniversityNew Haven, CT-Scholarship$15,000
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Second Century Fund Inc of Beta
EIN
06-1389750
Phone
2037767000
Address
28 TURTLE BAY DRIVE, BRANFORD, CT 06405

Signing Officer

Name
David White
Title
President
Phone
2037767000
Signed
2024-09-09
Discuss with paid preparer
Yes

Organization Details

Principal Officer
David White
Formed
1992
Legal Domicile
Ct
Voting Board Members
2
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Genovese Zdon & Associates LLC
Address
55 Realty Drive Suite 310, Cheshire, CT 06410
Preparer
Gino J Genovese CPA
Phone
2032502075
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

Documents available upon written request

Pt VI, Line 19

Organization will make documents available upon written request

Raw XML Appendix266 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
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IRS990/AdvertisingGrp/ManagementAndGeneralAmt00
IRS990/AdvertisingGrp/ProgramServicesAmt01580
IRS990/AdvertisingGrp/TotalAmt01580
IRS990/BooksInCareOfDetail/PersonNm0DAVID WHITE
IRS990/BooksInCareOfDetail/PhoneNum02039826000
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 EAST LAS OLAS BLVD
IRS990/BooksInCareOfDetail/USAddress/CityNm0FORT LAUDERDALE
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IRS990/CollectionsOfArtInd0false
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IRS990/CompensationProcessOtherInd0false
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IRS990/ConservationEasementsInd0false
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IRS990/CYContributionsGrantsAmt00
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IRS990/CYOtherExpensesAmt030790
IRS990/CYOtherRevenueAmt00
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IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0-2710
IRS990/DecisionsSubjectToApprovaInd0false
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IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/ForeignActivitiesInd0false
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IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt010.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt110.00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01992
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedInd0false
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0-16384
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt02
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt032500
IRS990/GrantsToDomesticOrgsGrp/TotalAmt032500
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0323413
IRS990/GrossReceiptsAmt0337087
IRS990/GrossReceiptsForPublicUseAmt00
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InitiationFeesAndCapContriAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt013674
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt013674
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0736969
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0666537
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0CT
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0339797
IRS990/LoanOutstandingInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0CULTIVATE ALUMNI AND MAINTAIN CONTRACT WITH MEMBERS OF THE FRATERNAL ORGANIZATION
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0756902
IRS990/NetAssetsOrFundBalancesEOYAmt0676902
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-16384
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-16384
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt00
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501cInd0X
IRS990/OrgDoesNotFollowFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0INVESTMENT FEES
IRS990/OtherExpensesGrp/Desc1PROFESSIONAL FEES
IRS990/OtherExpensesGrp/Desc2FEDERAL TAXES
IRS990/OtherExpensesGrp/Desc3BANK FEES
IRS990/OtherExpensesGrp/FundraisingAmt00
IRS990/OtherExpensesGrp/FundraisingAmt10
IRS990/OtherExpensesGrp/FundraisingAmt20
IRS990/OtherExpensesGrp/FundraisingAmt30
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt13000
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt219478
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IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0DAVID WHITE
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYInvestmentIncomeAmt0-1847
IRS990/PYOtherExpensesAmt028049
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IRS990/PYTotalExpensesAmt028049
IRS990/PYTotalRevenueAmt0-1847
IRS990/ReconcilationRevenueExpnssAmt0-80000
IRS990/RelatedEntityInd0false
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IRS990/ReportLandBuildingEquipmentInd0false
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IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt0756902
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IRS990ScheduleI/GrantRecordsMaintainedInd0false
IRS990ScheduleI/RecipientTable/CashGrantAmt015000
IRS990ScheduleI/RecipientTable/CashGrantAmt115000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIP
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1SCHOLARSHIP
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1PO BOX 208239
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 19
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IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02024-08-08 14:25:15Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
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ReturnHeader/BusinessOfficerGrp/PhoneNum02037767000
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-09-09
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ReturnHeader/Filer/BusinessNameControlTxt0SECO
ReturnHeader/Filer/EIN0061389750
ReturnHeader/Filer/PhoneNum02037767000
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ReturnHeader/Filer/USAddress/CityNm0BRANFORD
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ReturnHeader/Filer/USAddress/ZIPCd006405
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0475478565
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt055 Realty Drive Suite 310
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Cheshire
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd006410
ReturnHeader/PreparerPersonGrp/PhoneNum02032502075
ReturnHeader/PreparerPersonGrp/PreparationDt02024-09-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Gino J Genovese CPA
ReturnHeader/ReturnTs02024-09-14T05:45:59-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02022-11-01
ReturnHeader/TaxPeriodEndDt02023-10-31
ReturnHeader/TaxYr02022

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)7 • $500k-$1M nonprofits