Civic Intelligence

Shelter Island Educational Foundation Inc.

990EZ • Fiscal year 2021 • EIN 11-3293352

Sep 01, 2020 to Aug 31, 2021 • Filed on Oct 26, 2021

PO Box 1950Shelter Island, NY 11964

(631) 749-5455

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

Higher debt load relative to assets than 57% of similar nonprofits.

2021 filings • NTEE B99 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

59th percentile

0.01x

Higher debt load relative to revenue than 59% of similar nonprofits.

2021 filings • NTEE B99 • <$500k nonprofits • Source year 2021

Net Margin

86th percentile

55%

Higher net margin than 86% of similar nonprofits.

2021 filings • NTEE B99 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • NTEE B99 • <$500k nonprofits • Source year 2021

Asset Growth

58th percentile

11%

Faster asset growth than 58% of similar nonprofits.

2021 filings • NTEE B99 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

60th percentile

16%

Faster revenue growth than 60% of similar nonprofits.

2021 filings • NTEE B99 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$334,471

Up $34,352 (+11%) from 2020

Net Assets

Up

$334,005

Up $35,675 (+12%) from 2020

Liabilities

Down

$466

Down $1,323 (-74%) from 2020

Revenue

Up

$65,001

Up $8,869 (+16%) from 2020

Expenses

Up

$29,326

Up $6,978 (+31%) from 2020

Net Income

Up

$35,675

Up $1,891 (+5.6%) from 2020

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $317,845Liabilities 2011: $382Net Assets 2011: $317,4632011Assets 2012: $302,889Liabilities 2012: $320Net Assets 2012: $302,5692012Assets 2013: $311,131Liabilities 2013: $380Net Assets 2013: $310,7512013Assets 2014: $308,684Liabilities 2014: $178Net Assets 2014: $308,5062014Assets 2015: $290,892Liabilities 2015: $702Net Assets 2015: $290,1902015Assets 2016: $297,726Liabilities 2016: $338Net Assets 2016: $297,3882016Assets 2017: $264,780Liabilities 2017: $485Net Assets 2017: $264,2952017Assets 2018: $258,491Liabilities 2018: $420Net Assets 2018: $258,0712018Assets 2019: $264,834Liabilities 2019: $286Net Assets 2019: $264,5482019Assets 2020: $300,119Liabilities 2020: $1,789Net Assets 2020: $298,3302020Assets 2021: $334,471Liabilities 2021: $466Net Assets 2021: $334,0052021Assets 2022: $368,157Liabilities 2022: $262Net Assets 2022: $367,8952022Assets 2023: $349,179Liabilities 2023: $768Net Assets 2023: $348,4112023Assets 2024: $325,033Liabilities 2024: $3,390Net Assets 2024: $321,6432024Assets 2025: $320,718Liabilities 2025: $2,500Net Assets 2025: $318,2182025

Highlighted filing

2021

Assets$334,471
Liabilities$466
Net Assets$334,005

Operations Trend

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

$150K$100K$50K$0-$50KExpenses 2011: $84,8322011Revenue 2012: $52,282Expenses 2012: $67,174Net Income 2012: -$14,8922012Revenue 2013: $76,890Expenses 2013: $68,708Net Income 2013: $8,1822013Revenue 2014: $75,983Expenses 2014: $78,228Net Income 2014: -$2,2452014Revenue 2015: $63,395Expenses 2015: $82,069Net Income 2015: -$18,6742015Revenue 2016: $64,926Expenses 2016: $57,728Net Income 2016: $7,1982016Revenue 2017: $48,120Expenses 2017: $81,214Net Income 2017: -$33,0942017Revenue 2018: $53,833Expenses 2018: $60,059Net Income 2018: -$6,2262018Revenue 2019: $71,615Expenses 2019: $65,137Net Income 2019: $6,4782019Revenue 2020: $56,132Expenses 2020: $22,348Net Income 2020: $33,7842020Revenue 2021: $65,001Expenses 2021: $29,326Net Income 2021: $35,6752021Revenue 2022: $117,670Expenses 2022: $83,783Net Income 2022: $33,8872022Revenue 2023: $53,652Expenses 2023: $73,135Net Income 2023: -$19,4832023Revenue 2024: $53,960Expenses 2024: $80,730Net Income 2024: -$26,7702024Revenue 2025: $103,281Expenses 2025: $106,706Net Income 2025: -$3,4252025

Highlighted filing

2021

Revenue$65,001
Expenses$29,326
Net Income$35,675
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Oct 26, 2021
Return Version
2020v4.0
Gross Receipts
$76,559
Mission and Program Overview

Mission

The mission of the shelter island educational foundation is to pursue, create and provide excellent educational opportunities that enhance, inspire and broaden the horizons of the children of the local community.

Program Services

DescriptionGrantsExpenses
SCHOOL PROGRAMS - GRANTS TO FUND MUSIC, ART AND OTHER EDUCATIONAL PROGRAMS AND TRIPS NOT PROVIDED FOR IN THE SHELTER ISLAND SCHOOL BUDGET-$12,394
OTHER EDUCATIONAL - GRANTS TO FUND PROGRAMS SPONSORED BY SI PRESBYTERIAN PRESCHOOL, GIRL SCOUTS AND THE SHELTER ISLAND PUBLIC LIBRARY-$7,520
SCHOLARSHIPS - GRANTS FOR SCHOLARSHIPS FOR STUDENTS AND TEACHERS-$1,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
MARGARET COLLIGANTrustee-$0--
BENTE FRANZTrustee-$0--
KARIN MAYERTrustee-$0--
JANINE MAHONEYPresident-$0--
LYDIA MAJDISCOVA MARTINEZVice Preside-$0--
FR CHARLES MCCARRONTrustee-$0--
LEITH SURERUSTrustee-$0--
VIRGINIA GIBBSSecretary-$0--
JAQUELINE SMITHTreasurer-$0--
JENNIFER GULLUSCIOTrustee-$0--
BARBARA MARSHALLTrustee-$0--
CAROLINE SCUDDERTrustee-$0--
PAMELA WARDTrustee-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Party & Raffle$19,040$19,040$11,558$7,482
Total Events$19,040$19,040$11,558$7,482
Filing and Contact Details

Filer

Filer Name
Shelter Island Educational
EIN
11-3293352
Phone
6317495455
Address
PO BOX 1950, SHELTER ISLAND, NY 11964

Signing Officer

Name
Janine Mahoney
Title
President
Phone
6317495455
Signed
2021-10-26
Discuss with paid preparer
Yes

Preparer

Firm
FERRETTI & ODELL CPA'S PLLC
Address
PO BOX 2127 820 FRONT STREET, GREENPORT, NY 11944-1631
Preparer
Jason F Odell CPA
Phone
6314773011
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses 704 924 1,913 state registration fee 125 program services 5,384 program services 1,000 program services 1,520 program services 6,000 program services 5,634 total 23,204

Form 990-ez, Part II, Line 24

Accounts receivable 9,000 0 total 9,000 0

Form 990-ez, Part II, Line 26

Accounts payable and accrued expenses 1,789 466

Form 990-ez, Part III

The mission of the shelter island educational foundation is to pursue, create and provide excellent educational opportunities that enhance, inspire and broaden the horizons of the children of the local community.

Raw XML Appendix202 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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CompensationExplanation/CompensationExplanationGrp/PersonNm3JANINE MAHONEY
CompensationExplanation/CompensationExplanationGrp/PersonNm4LYDIA MAJDISCOVA MARTINEZ
CompensationExplanation/CompensationExplanationGrp/PersonNm5FR CHARLES MCCARRON
CompensationExplanation/CompensationExplanationGrp/PersonNm6LEITH SURERUS
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4LYDIA MAJDISCOVA MARTINEZ
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7SECRETARY
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IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
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IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt09000
IRS990EZ/OtherExpensesTotalAmt023204
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
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IRS990EZ/PrimaryExemptPurposeTxt0THE MISSION OF THE SHELTER ISLAND EDUCATIONAL FOUNDATION IS TO PURSUE, CREATE AND PROVIDE EXCELLENT EDUCATIONAL OPPORTUNITIES THAT ENHANCE, INSPIRE AND BROADEN THE HORIZONS OF THE CHILDREN OF THE LOCAL COMMUNITY.
IRS990EZ/PrintingPublicationsPostageAmt0672
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOOL PROGRAMS - GRANTS TO FUND MUSIC, ART AND OTHER EDUCATIONAL PROGRAMS AND TRIPS NOT PROVIDED FOR IN THE SHELTER ISLAND SCHOOL BUDGET
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1SCHOLARSHIPS - GRANTS FOR SCHOLARSHIPS FOR STUDENTS AND TEACHERS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt2OTHER EDUCATIONAL - GRANTS TO FUND PROGRAMS SPONSORED BY SI PRESBYTERIAN PRESCHOOL, GIRL SCOUTS AND THE SHELTER ISLAND PUBLIC LIBRARY
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IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0SHELTERISLANDEDFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt051598
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt011558
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 704 924 1,913 STATE REGISTRATION FEE 125 PROGRAM SERVICES 5,384 PROGRAM SERVICES 1,000 PROGRAM SERVICES 1,520 PROGRAM SERVICES 6,000 PROGRAM SERVICES 5,634 TOTAL 23,204
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACCOUNTS RECEIVABLE 9,000 0 TOTAL 9,000 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ACCOUNTS PAYABLE AND ACCRUED EXPENSES 1,789 466
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE MISSION OF THE SHELTER ISLAND EDUCATIONAL FOUNDATION IS TO PURSUE, CREATE AND PROVIDE EXCELLENT EDUCATIONAL OPPORTUNITIES THAT ENHANCE, INSPIRE AND BROADEN THE HORIZONS OF THE CHILDREN OF THE LOCAL COMMUNITY.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0JANINE MAHONEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06317495455
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-10-26
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHELTER ISLAND EDUCATIONAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0SHEL
ReturnHeader/Filer/EIN0113293352
ReturnHeader/Filer/PhoneNum06317495455
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ReturnHeader/Filer/USAddress/CityNm0SHELTER ISLAND
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd011964
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471621447
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FERRETTI & ODELL CPA'S PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 2127 820 FRONT STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GREENPORT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0119441631
ReturnHeader/PreparerPersonGrp/PhoneNum06314773011
ReturnHeader/PreparerPersonGrp/PreparationDt02021-10-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JASON F ODELL CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-11-14T06:31:51-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JANINE
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MAHONEY
ReturnHeader/TaxPeriodBeginDt02020-09-01
ReturnHeader/TaxPeriodEndDt02021-08-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$3.21$0.03$3.18$1.03$1.07$0.03
2024Detailed filing. Detailed filing data is available for this year.$3.25$0.03$3.22$0.54$0.81$0.27
2023Detailed filing. Detailed filing data is available for this year.$3.49$0.01$3.48$0.54$0.73$0.19
2022Detailed filing. Detailed filing data is available for this year.$3.68$0.00$3.68$1.18$0.84$0.34
2021Detailed filing. Detailed filing data is available for this year.$3.34$0.00$3.34$0.65$0.29$0.36
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$3.00$0.02$2.98$0.56$0.22$0.34
2019Detailed filing. Detailed filing data is available for this year.$2.65$0.00$2.65$0.72$0.65$0.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.58$0.00$2.58$0.54$0.60$0.06
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.65$0.00$2.64$0.48$0.81$0.33
2016Detailed filing. Detailed filing data is available for this year.$2.98$0.00$2.97$0.65$0.58$0.07
2015Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$2.91$0.01$2.90$0.63$0.82$0.19
2014Detailed filing. Detailed filing data is available for this year.$3.09$0.00$3.09$0.76$0.78$0.02
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.11$0.00$3.11$0.77$0.69$0.08
2012Summary only. Only limited summary data is available for this year.$3.03$0.00$3.03$0.52$0.67$0.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.18$0.00$3.17$0.85