Civic Intelligence

Greenwich Police Dept Scholarship Fund Inc. Greenwich Police Dept

990 • Fiscal year 2015 • EIN 06-6068607

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 25, 2016

Organization ProfileN/A
11 Bruce PlaceGreenwich, CT 06830

(203) 622-8010

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.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

83rd percentile

28%

Higher net margin than 83% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

57th percentile

6.0%

Faster asset growth than 57% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

60th percentile

7.9%

Faster revenue growth than 60% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets55th percentile

Assets

Up

$297,148

Up $16,834 (+6.0%) from 2014

Net Assets

Up

$297,148

Up $16,834 (+6.0%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue55th percentileNet Margin83rd percentile

Revenue

Up

$60,819

Up $4,428 (+7.9%) from 2014

Expenses

Up

$43,985

Up $12,661 (+40%) from 2014

Net Income

Down

$16,834

Down $8,233 (-33%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth57th percentile

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

$800K$600K$400K$200K$0Assets 2010: $195,787Liabilities 2010: $0Net Assets 2010: $195,7872010Assets 2011: $205,514Liabilities 2011: $0Net Assets 2011: $205,5142011Assets 2012: $220,011Liabilities 2012: $0Net Assets 2012: $220,0112012Assets 2013: $255,247Liabilities 2013: $0Net Assets 2013: $255,2472013Assets 2014: $280,314Liabilities 2014: $0Net Assets 2014: $280,3142014Assets 2015: $297,148Liabilities 2015: $0Net Assets 2015: $297,1482015Assets 2016: $316,968Liabilities 2016: $0Net Assets 2016: $316,9682016Assets 2018: $343,518Liabilities 2018: $0Net Assets 2018: $343,5182018Assets 2019: $346,283Liabilities 2019: $0Net Assets 2019: $346,2832019Assets 2020: $373,909Liabilities 2020: $0Net Assets 2020: $373,9092020Assets 2021: $525,501Liabilities 2021: $0Net Assets 2021: $525,5012021Assets 2023: $583,174Liabilities 2023: $0Net Assets 2023: $583,1742023Assets 2024: $628,091Liabilities 2024: $0Net Assets 2024: $628,0912024

Highlighted filing

2015

Assets$297,148
Liabilities$0
Net Assets$297,148
Open 2015 Filing

Operations Trend

Revenue Growth60th percentile

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

$300K$200K$100K$0-$100KRevenue 2010: $29,489Expenses 2010: $54,624Net Income 2010: -$25,1352010Revenue 2011: $53,404Expenses 2011: $43,677Net Income 2011: $9,7272011Revenue 2012: $61,914Expenses 2012: $47,417Net Income 2012: $14,4972012Revenue 2013: $72,092Expenses 2013: $36,856Net Income 2013: $35,2362013Revenue 2014: $56,391Expenses 2014: $31,324Net Income 2014: $25,0672014Revenue 2015: $60,819Expenses 2015: $43,985Net Income 2015: $16,8342015Revenue 2016: $59,392Expenses 2016: $39,572Net Income 2016: $19,8202016Revenue 2018: $73,129Expenses 2018: $46,579Net Income 2018: $26,5502018Revenue 2019: $52,844Expenses 2019: $50,079Net Income 2019: $2,7652019Revenue 2020: $76,785Expenses 2020: $49,159Net Income 2020: $27,6262020Revenue 2021: $232,917Expenses 2021: $81,325Net Income 2021: $151,5922021Revenue 2023: $89,698Expenses 2023: $36,292Net Income 2023: $53,4062023Revenue 2024: $100,690Expenses 2024: $55,773Net Income 2024: $44,9172024

Highlighted filing

2015

Revenue$60,819
Expenses$43,985
Net Income$16,834
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 25, 2016
Return Version
2015v2.1
Gross Receipts
$94,956
Mission and Program Overview

Mission

The goal of the greenwich police scholarship fund is to award college scholarships to academically deserving students who are the children of current greenwich police officers on the force.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$275,145$254,276▼ $20,869
Cash and Non-Interest-Bearing Accounts$5,169$42,872▲ $37,703
Total Assets$280,314$297,148▲ $16,834
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$280,314$297,148▲ $16,834
Total Net Assets Fund Balance$280,314$297,148▲ $16,834
Total Liabilities and Net Assets / Fund Balance$280,314$297,148▲ $16,834
Compensation and Service Providers
Top Officer Pay75th percentile

Board Members and Trustees

NameTitle
Chief James HeaveyPresident
Chris WintersDirector
Robert DefruscioTreasurer
Atty John WetmoreVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$47,495
Program Service Revenue
$0
Investment Income
$13,324
Other Revenue
$0
Change in Net Assets
$16,834
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$42,000
Other Expenses$1,985
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$42,000--$42,000
Fees for Services Other$1,985--$1,985
Total Functional Expenses$43,985$0$0$43,985
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

“No review was or will be conducted.”

Form 990, Page 6, Part VI, Line 19

“No documents available to the public”

Filing and Contact Details

Filer

Filer Name
Greenwich Police Scholarship Fund
EIN
06-6068607
Address
11 BRUCE PLACE, GREENWICH, CT 06830

Signing Officer

Name
Chief James Heavey
Title
President
Signed
2016-08-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Chief James Heavey
Formed
1948
Legal Domicile
Ct
Voting Board Members
4
Independent Board Members
3
Employees
0

Preparer

Firm
Christensen Defruscio Allen & Co LLC
Address
40 WEST ELM STREET SUITE 1A, GREENWICH, CT 06830
Preparer
Robert Defruscio CPA
Phone
2038695165
Supplemental Narrative

Additional Explanations

Form 990, Page 1, Part I, Line 6

“One volunteer provides the role of secretary and takes all minutes of the meetings held”

Form 990, Page 2, Part III, Line 4D

“These program expenses are the necessary expenses to complete the annual mailing to the donors as well as the statutory fees for the filing”

Raw XML Appendix287 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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IRS990/ActivityOrMissionDesc0THE GOAL OF THE GREENWICH POLICE SCHOLARSHIP FUND IS TO AWARD COLLEGE SCHOLARSHIPS TO ACADEMICALLY DESERVING STUDENTS WHO ARE THE CHILDREN OF CURRENT GREENWICH POLICE OFFICERS ON THE FORCE.
IRS990/BooksInCareOfDetail/PersonNm0CHIEF JAMES HEAVEY
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IRS990/GrantsToIndividualsInd0true
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IRS990/IRPDocumentCnt00
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IRS990/LoanOutstandingInd0false
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IRS990/NoListedPersonsCompensatedInd0X
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IRS990/OperateHospitalInd0false
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IRS990/PayPremiumsPrsnlBnftCntrctInd0false
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IRS990/ProfessionalFundraisingInd0false
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IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0OTHER INCOME 13,270
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART II, LINE 10
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ONE VOLUNTEER PROVIDES THE ROLE OF SECRETARY AND TAKES ALL MINUTES OF THE MEETINGS HELD
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THESE PROGRAM EXPENSES ARE THE NECESSARY EXPENSES TO COMPLETE THE ANNUAL MAILING TO THE DONORS AS WELL AS THE STATUTORY FEES FOR THE FILING
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO REVIEW WAS OR WILL BE CONDUCTED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3NO DOCUMENTS AVAILABLE TO THE PUBLIC
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/ReturnTs02016-09-14T11:12:31-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$297,148
Liabilities
$0
Net assets
$297,148
Revenue
$60,819
Expenses
$43,985
Net income
$16,834
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.28$0.00$6.28$1.01$0.56$0.45
2023Detailed filing. Detailed filing data is available for this year.$5.83$0.00$5.83$0.90$0.36$0.53
2021Detailed filing. Detailed filing data is available for this year.$5.26$0.00$5.26$2.33$0.81$1.52
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.74$0.00$3.74$0.77$0.49$0.28
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.46$0.00$3.46$0.53$0.50$0.03
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.44$0.00$3.44$0.73$0.47$0.27
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.17$0.00$3.17$0.59$0.40$0.20
2015Detailed filing. Detailed filing data is available for this year.$2.97$0.00$2.97$0.61$0.44$0.17
2014Detailed filing. Detailed filing data is available for this year.$2.80$0.00$2.80$0.56$0.31$0.25
2013Detailed filing. Detailed filing data is available for this year.$2.55$0.00$2.55$0.72$0.37$0.35
2012Summary only. Only limited summary data is available for this year.$2.20$0.00$2.20$0.62$0.47$0.14
2011Summary only. Only limited summary data is available for this year.$2.06$0.00$2.06$0.53$0.44$0.10
2010Summary only. Only limited summary data is available for this year.$1.96$0.00$1.96$0.29$0.55$0.25
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2015 filings • 501(c)3 • <$500k nonprofits