Civic Intelligence

Fischer Black Memorial Foundation

990EZ • Fiscal year 2020 • EIN 11-3404155

Jan 01, 2020 to Dec 31, 2020 • Filed on Aug 11, 2021

555 Eighth Avenue Suite 1902New York, NY 10018

(646) 736-0705

Siviq Scores

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

Liabilities / Assets

74th percentile

0.00x

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

2020 filings • NTEE T • <$500k nonprofits • Source year 2020

Liabilities / Revenue

73rd percentile

0.00x

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

2020 filings • NTEE T • <$500k nonprofits • Source year 2020

Net Margin

89th percentile

86%

Higher net margin than 89% of similar nonprofits.

2020 filings • NTEE T • <$500k nonprofits • Source year 2020

Top Officer Pay

91st percentile

$0

Higher top officer pay than 91% of similar nonprofits.

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

2020 filings • NTEE T • <$500k nonprofits • Source year 2020

Asset Growth

87th percentile

65%

Faster asset growth than 87% of similar nonprofits.

2020 filings • NTEE T • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

60th percentile

-3.0%

Faster revenue growth than 60% of similar nonprofits.

2020 filings • NTEE T • <$500k nonprofits • Annualized from 2019 to 2020

Assets

Up

$54,655

Up $21,482 (+65%) from 2019

Net Assets

Up

$54,655

Up $21,482 (+65%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$24,916

Down $759 (-3.0%) from 2019

Expenses

Down

$3,434

Down $28,399 (-89%) from 2019

Net Income

Up

$21,482

Up $27,640 (+449%) from 2019

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2010: $196,876Liabilities 2010: $40,7832010Assets 2011: $186,937Liabilities 2011: $32,035Net Assets 2011: $154,9022011Assets 2012: $208,115Liabilities 2012: $56,467Net Assets 2012: $151,6482012Assets 2013: $201,544Liabilities 2013: $44,973Net Assets 2013: $156,5712013Assets 2014: $206,940Liabilities 2014: $1,400Net Assets 2014: $205,5402014Assets 2015: $216,224Liabilities 2015: $16,267Net Assets 2015: $199,9572015Assets 2017: $32,229Liabilities 2017: $02017Assets 2018: $39,331Liabilities 2018: $02018Assets 2019: $33,173Liabilities 2019: $0Net Assets 2019: $33,1732019Assets 2020: $54,655Liabilities 2020: $0Net Assets 2020: $54,6552020Assets 2021: $52,187Liabilities 2021: $0Net Assets 2021: $52,1872021Assets 2022: $43,785Liabilities 2022: $0Net Assets 2022: $43,7852022

Highlighted filing

2020

Assets$54,655
Liabilities$0
Net Assets$54,655

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $30,234Expenses 2010: $21,014Net Income 2010: $9,2202010Revenue 2011: $12,655Expenses 2011: $13,846Net Income 2011: -$1,1912011Revenue 2012: $23,374Expenses 2012: $26,628Net Income 2012: -$3,2542012Revenue 2013: $20,406Expenses 2013: $15,483Net Income 2013: $4,9232013Revenue 2014: $27,189Expenses 2014: $8,756Net Income 2014: $18,4332014Revenue 2015: $21,093Expenses 2015: $26,676Net Income 2015: -$5,5832015Revenue 2017: $338Expenses 2017: $21,810Net Income 2017: -$21,4722017Revenue 2018: $79,026Expenses 2018: $71,924Net Income 2018: $7,1022018Revenue 2019: $25,675Expenses 2019: $31,833Net Income 2019: -$6,1582019Revenue 2020: $24,916Expenses 2020: $3,434Net Income 2020: $21,4822020Revenue 2021: $125Expenses 2021: $2,593Net Income 2021: -$2,4682021Revenue 2022: $10,449Expenses 2022: $18,851Net Income 2022: -$8,4022022

Highlighted filing

2020

Revenue$24,916
Expenses$3,434
Net Income$21,482
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Aug 11, 2021
Return Version
2020v4.0
Gross Receipts
$24,916
Mission and Program Overview

Mission

FINANCIAL ENGINEERING

The foundation was organized and is operated exclusively for educational and scentific purposes for the benefit of the general public.the organization was formed to facilitate and promote the understanding of the concept of financial engineering, and to encourage the exchange of ideas and information on issues related to financial engineering, including economics, finance and accounting.

Program Services

DescriptionGrantsExpenses
THE ORGNAIZATION PROVIDES FUNDS TO UNIVERSITIES, COLLEGES AND OTHER INSTITUTIONS IN THE FORM OF SCHOLARSHIPS , INTERNSHIPS AND FELLOWSHIPS FOR STUDENTS AND FACULTY WISHING TO STUDY IN THE AREA OF FINANCIAL ENGINEERING.-$3,434
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
GIOVANNI BELIOSSIDirector-$0--
MACK GILLDirector-$0--
PETER KOLMTreasurer-$0--
RICHARD LINDSEYChairman-$0--
MONIQUE MILLERSecretary-$0--
STEVE SILBERSTEINDirector-$0--
HARVEY STEINDirector-$0--
DOUGLAS SUMMADirector-$0--
HILARY TILDirector-$0--
ANDREW WEISMANDirector-$0--
Filing and Contact Details

Filer

Filer Name
Fischer Black Memorial Foundation
EIN
11-3404155
Address
555 EIGHTH AVENUE SUITE 1902, NEW YORK, NY 10018

Signing Officer

Name
Richard Lindsey
Title
Chairman
Signed
2021-08-11
Discuss with paid preparer
Yes

Preparer

Firm
Paul E Shapiro
Address
118 RUTHERFORD RD, MAHWAH, NJ 07430
Preparer
Paul E Shapiro
Phone
9146436565
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses insurance 1,756 contract services 95 bank fees 30 miscellaneous 273 telephone 210 total 2,364

Form 990-ez, Part II, Line 24

Other loans receivable 0 24,214 total 0 24,214

Form 990-ez, Part III

The foundation was organized and is operated exclusively for educational and scentific purposes for the benefit of the general public.the organization was formed to facilitate and promote the understanding of the concept of financial engineering, and to encourage the exchange of ideas and information on issues related to financial engineering, including economics, finance and accounting.

Raw XML Appendix159 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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CompensationExplanation/CompensationExplanationGrp/PersonNm5STEVE SILBERSTEIN
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES INSURANCE 1,756 CONTRACT SERVICES 95 BANK FEES 30 MISCELLANEOUS 273 TELEPHONE 210 TOTAL 2,364
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1OTHER LOANS RECEIVABLE 0 24,214 TOTAL 0 24,214
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE FOUNDATION WAS ORGANIZED AND IS OPERATED EXCLUSIVELY FOR EDUCATIONAL AND SCENTIFIC PURPOSES FOR THE BENEFIT OF THE GENERAL PUBLIC.THE ORGANIZATION WAS FORMED TO FACILITATE AND PROMOTE THE UNDERSTANDING OF THE CONCEPT OF FINANCIAL ENGINEERING, AND TO ENCOURAGE THE EXCHANGE OF IDEAS AND INFORMATION ON ISSUES RELATED TO FINANCIAL ENGINEERING, INCLUDING ECONOMICS, FINANCE AND ACCOUNTING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0RICHARD LINDSEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-08-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0FISCHER BLACK MEMORIAL FOUNDATION
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ReturnHeader/Filer/EIN0113404155
ReturnHeader/Filer/USAddress/AddressLine1Txt0555 EIGHTH AVENUE SUITE 1902
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010018
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0118 RUTHERFORD RD
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ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-09-08T07:31:02-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0RICHARD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LINDSEY
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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