Civic Intelligence

Michael Scotto Memorial Schlorship Fund Outing Inc

990EZ • Fiscal year 2019 • EIN 11-3636534

Nov 01, 2018 to Oct 31, 2019 • Filed on Feb 04, 2020

69101 Spruce Pond CirclePlainview, NY 11803

(516) 752-9037

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

6th percentile

-76%

Higher net margin than 6% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

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.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

21st percentile

-19%

Faster asset growth than 21% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

4th percentile

-83%

Faster revenue growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$40,601

Down $9,386 (-19%) from 2018

Net Assets

Down

$40,601

Down $9,386 (-19%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$12,356

Down $61,928 (-83%) from 2018

Expenses

Down

$21,742

Down $45,645 (-68%) from 2018

Net Income

Down

-$9,386

Down $16,283 (-236%) from 2018

Historical Trend

Balance Sheet Trend

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

$100K$50K$0Assets 2010: $92,289Net Assets 2010: $92,2892010Assets 2011: $92,757Liabilities 2011: $02011Assets 2012: $70,055Net Assets 2012: $70,0552012Assets 2013: $75,860Liabilities 2013: $0Net Assets 2013: $75,8602013Assets 2014: $59,068Liabilities 2014: $0Net Assets 2014: $59,0682014Assets 2015: $66,411Liabilities 2015: $0Net Assets 2015: $66,4112015Assets 2016: $58,090Liabilities 2016: $0Net Assets 2016: $58,0902016Assets 2017: $43,090Liabilities 2017: $0Net Assets 2017: $43,0902017Assets 2018: $49,987Liabilities 2018: $0Net Assets 2018: $49,9872018Assets 2019: $40,601Liabilities 2019: $0Net Assets 2019: $40,6012019Assets 2020: $39,882Liabilities 2020: $0Net Assets 2020: $39,8822020Assets 2021: $39,052Liabilities 2021: $0Net Assets 2021: $39,0522021Assets 2022: $38,972Liabilities 2022: $0Net Assets 2022: $38,9722022Assets 2023: $38,894Liabilities 2023: $0Net Assets 2023: $38,8942023Assets 2024: $0Net Assets 2024: $02024

Highlighted filing

2019

Assets$40,601
Liabilities$0
Net Assets$40,601

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2010: $130,922Expenses 2010: $119,936Net Income 2010: $10,9862010Revenue 2011: $134,679Expenses 2011: $134,211Net Income 2011: $4682011Revenue 2012: $103,556Expenses 2012: $126,258Net Income 2012: -$22,7022012Revenue 2013: $108,253Expenses 2013: $102,448Net Income 2013: $5,8052013Revenue 2014: $82,906Expenses 2014: $99,698Net Income 2014: -$16,7922014Revenue 2015: $107,512Expenses 2015: $100,169Net Income 2015: $7,3432015Revenue 2016: $98,373Expenses 2016: $106,694Net Income 2016: -$8,3212016Revenue 2017: $93,073Expenses 2017: $108,073Net Income 2017: -$15,0002017Revenue 2018: $74,284Expenses 2018: $67,387Net Income 2018: $6,8972018Revenue 2019: $12,356Expenses 2019: $21,742Net Income 2019: -$9,3862019Revenue 2020: $132Expenses 2020: $851Net Income 2020: -$7192020Revenue 2021: $19Expenses 2021: $849Net Income 2021: -$8302021Revenue 2022: $30Expenses 2022: $110Net Income 2022: -$802022Revenue 2023: $34Expenses 2023: $112Net Income 2023: -$782023Revenue 2024: $458Expenses 2024: $39,352Net Income 2024: -$38,8942024

Highlighted filing

2019

Revenue$12,356
Expenses$21,742
Net Income-$9,386
Jump To
Filing Snapshot
Filing Period
Nov 1, 2018 to Oct 31, 2019
Signed
Feb 4, 2020
Return Version
2018v3.1
Gross Receipts
$12,356
Mission and Program Overview

Mission

Funds were raised to donate to various charities by the holding of an annual golf outing in the name of michael scotto memorial foundation inc.

Funds were raised in the memory of michael scotto to donate to various charities.

Program Services

DescriptionGrantsExpenses
FUNDS WERE RAISED IN THE MEMORY OF MICHAEL SCOTTO TO DONATE TO VARIOUS CHARITIES.$12,500-
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
DOMINICK SCOTTOPresidentPT$0--
DOROTHY SCOTTOVice PresidentPT$0--
Filing and Contact Details

Filer

Filer Name
Michael Scotto Memorial Foundation Inc
EIN
11-3636534
Phone
5167529037
Address
69101 SPRUCE POND CIRCLE, PLAINVIEW, NY 11803

Signing Officer

Name
Dominick Scotto
Title
Executive Director
Signed
2020-02-04
Discuss with paid preparer
Yes

Preparer

Firm
POSSES & CHASAN CPAs PLLC
Address
100 NORTH CENTRE AVENUE SUITE 500, ROCKVILLE CENTRE, NY 11570-4889
Preparer
Andrew S Posses CPA
Phone
5167644002
Supplemental Narrative

Additional Explanations

Grants and Similar Amounts Paid In Excess of $5,000.3

| Donee's Name: PAL O MINE | Donee's Address: 829 OLD NICHOLS ROAD ISLANDIA NY 11749 | Cash Amount Given: $10500

Other Expenses.1

FUNDRAISING $7972

Other Expenses.2

BANK CHARGES $1075

Other Expenses.3

OFFICE EXPENSES $145

Other Expenses.4

FILING FEES $50

Raw XML Appendix136 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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IRS990EZ/BooksInCareOfDetail/PhoneNum05167529037
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt069101 SPRUCE POND CIRCLE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PLAINVIEW
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd011803
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt049987
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt040601
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
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IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9386
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form720FiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt049987
IRS990EZ/Form990TotalAssetsGrp/EOYAmt040601
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt012500
IRS990EZ/GrossReceiptsAmt012356
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt034
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt15.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DOROTHY SCOTTO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Vice President
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationFiled990TInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt09242
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0FUNDS WERE RAISED IN THE MEMORY OF MICHAEL SCOTTO TO DONATE TO VARIOUS CHARITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0FUNDS WERE RAISED IN THE MEMORY OF MICHAEL SCOTTO TO DONATE TO VARIOUS CHARITIES.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt012500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/RelatedOrgSect527OrgInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt021742
IRS990EZ/TotalProgramServiceExpensesAmt012500
IRS990EZ/TotalRevenueAmt012356
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt012289
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt074256
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt097399
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt098337
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0107467
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0389748
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt034
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt028
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt036
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt045
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0177
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99950
IRS990ScheduleA/PublicSupportPY170Pct00.99960
IRS990ScheduleA/PublicSupportTotal170Amt0389748
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt012289
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt097399
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt098337
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0107467
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0389748
IRS990ScheduleA/TotalSupportAmt0389925
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0| Donee's Name: PAL O MINE | Donee's Address: 829 OLD NICHOLS ROAD ISLANDIA NY 11749 | Cash Amount Given: $10500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1FUNDRAISING $7972
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2BANK CHARGES $1075
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3OFFICE EXPENSES $145
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4FILING FEES $50
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Grants and Similar Amounts Paid In Excess of $5,000.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Other Expenses.1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Expenses.2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Other Expenses.3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Other Expenses.4
ReturnHeader/BuildTS02020-09-23 17:36:50Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DOMINICK SCOTTO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02020-02-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MICHAEL SCOTTO MEMORIAL FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0MICH
ReturnHeader/Filer/EIN0113636534
ReturnHeader/Filer/PhoneNum05167529037
ReturnHeader/Filer/USAddress/AddressLine1Txt069101 SPRUCE POND CIRCLE
ReturnHeader/Filer/USAddress/CityNm0PLAINVIEW
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ReturnHeader/Filer/USAddress/ZIPCd011803
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0115704889
ReturnHeader/PreparerPersonGrp/PhoneNum05167644002
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ANDREW S POSSES CPA
ReturnHeader/ReturnTs02020-02-04T12:39:56-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-11-01
ReturnHeader/TaxPeriodEndDt02019-10-31
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.39$0.39
2023Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.39$0.00$0.39$0.00$0.01$0.01
2020Detailed filing. Detailed filing data is available for this year.$0.40$0.00$0.40$0.00$0.01$0.01
2019Detailed filing. Detailed filing data is available for this year.$0.41$0.00$0.41$0.12$0.22$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.50$0.00$0.50$0.74$0.67$0.07
2017Detailed filing. Detailed filing data is available for this year.$0.43$0.00$0.43$0.93$1.08$0.15
2016Detailed filing. Detailed filing data is available for this year.$0.58$0.00$0.58$0.98$1.07$0.08
2015Detailed filing. Detailed filing data is available for this year.$0.66$0.00$0.66$1.08$1.00$0.07
2014Detailed filing. Detailed filing data is available for this year.$0.59$0.00$0.59$0.83$1.00$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.76$0.00$0.76$1.08$1.02$0.06
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.70$0.70$1.04$1.26$0.23
2011Summary only. Only limited summary data is available for this year.$0.93$0.00$1.35$1.34$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.92$0.92$1.31$1.20$0.11