Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Correction Officers Benevolent Association Scholarship Fund Inc.
990EZ • Fiscal year 2014 • EIN 13-4183116
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.40x
Liabilities / Revenue
94th percentile
Higher debt load relative to revenue than 94% of similar nonprofits.
Net Margin
24th percentile
Higher net margin than 24% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
8th percentile
Faster asset growth than 8% of similar nonprofits.
Revenue Growth
21st percentile
Faster revenue growth than 21% of similar nonprofits.
Balance Sheet
Assets
Down$78,784
Down $47,001 (-37%) from 2013
Net Assets
$47,659
No earlier filing loaded for comparison.
Liabilities
Down$31,125
Down $37,330 (-55%) from 2013
Revenue And Expenses
Revenue
Down$73,546
Down $29,930 (-29%) from 2013
Expenses
Down$83,217
Down $5,583 (-6.3%) from 2013
Net Income
Down-$9,671
Down $24,347 (-166%) from 2013
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jun 1, 2013 to May 31, 2014
- Signed
- Apr 15, 2015
- Return Version
- 2013v4.0
- Gross Receipts
- $136,589
Mission and Program Overview
Mission
To promote, foster and encourage scholastic achievement by providing educational scholarships to qualified members or their dependents of the correction officers' benevolent association.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PROVIDES SCHOLARSHIPS TO QUALIFIED DEPENDENTS AND MEMBERS OF THE CORRECTION OFFICERS' BENEVOLENT ASSOCIATION. | $59,000 | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| NORMAN SEABROOK | Trustee | - | $0 | - | - |
| ELIAS HUSMUDEEN | Trustee | - | $0 | - | - |
| MICHAEL MAIELLO | Trustee | - | $0 | - | - |
Fundraising, Events, and Gaming
Fundraising Events
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Event 1 | $136,589 | $46,259 | $16,431 | $29,828 |
| Total Events | $136,589 | $46,259 | $63,043 | $-16,784 |
Filing and Contact Details
Filer
- EIN
- 13-4183116
- Phone
- 2122748000
Signing Officer
- Name
- Michael Maiello
- Title
- Trustee
- Phone
- 2122748000
- Signed
- 2015-04-15
- Discuss with paid preparer
- Yes
Preparer
- Phone
- 2126955003
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid
“Activity classification: 59 scholarships awarded @ 1000/ea. Grantee name: various receipients- 59 @ $1,000 each. Date of gift: 12/02/13. Amount given: 59,000.”
Form 990-ez, Part II, Line 24 - Other Assets
“Description: due from widows and children fund. Beg. Of year amount: 26,139. End of year amount: 26,139. Description: prepaid expenses. Beg. Of year amount: 11,198. End of year amount: 10,673.”
Form 990-ez, Part II, Line 26 - Other Liabilities
“Description: deferred income. Beg. Of year amount: 68,455. End of year amount: 31,125.”
Raw XML Appendix170 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 |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1 | 0 | THE ORGANIZATION |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2122748000 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 75 BROAD STREET NO 810 |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | NEW YORK |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 100043215 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 88448 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 41972 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 90330 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -9671 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 125785 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 78784 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 46259 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 59000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 136589 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingAccrualInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 57330 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 47659 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 57330 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 47659 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | NORMAN SEABROOK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | ELIAS HUSMUDEEN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | MICHAEL MAIELLO |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TRUSTEE |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | TRUSTEE |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 37337 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 36812 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO PROMOTE, FOSTER AND ENCOURAGE SCHOLASTIC ACHIEVEMENT BY PROVIDING EDUCATIONAL SCHOLARSHIPS TO QUALIFIED MEMBERS OR THEIR DEPENDENTS OF THE CORRECTION OFFICERS' BENEVOLENT ASSOCIATION. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 24217 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PROVIDES SCHOLARSHIPS TO QUALIFIED DEPENDENTS AND MEMBERS OF THE CORRECTION OFFICERS' BENEVOLENT ASSOCIATION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 59000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 63043 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | -16784 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 68455 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 31125 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 83217 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 73546 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.COBANYC.ORG |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 90330 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 82335 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 67280 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 57250 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 57995 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 355190 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 355190 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind | 0 | X |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 90330 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 82335 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 67280 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 57250 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 57995 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 355190 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 90330 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 82335 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 67280 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 57250 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt | 0 | 57995 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 355190 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt | 0 | 90330 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 90330 |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 63043 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 136589 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 136589 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 46259 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 46259 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NameOfEvent1Amt | 0 | GOLF TOURNAMENT |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | -16784 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt | 0 | 16431 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 16431 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 46612 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 46612 |
| IRS990ScheduleG/SpecialFundraisingEventsInd | 0 | X |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: 59 SCHOLARSHIPS AWARDED @ 1000/EA. GRANTEE NAME: VARIOUS RECEIPIENTS- 59 @ $1,000 EACH. DATE OF GIFT: 12/02/13. AMOUNT GIVEN: 59,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: DUE FROM WIDOWS AND CHILDREN FUND. BEG. OF YEAR AMOUNT: 26,139. END OF YEAR AMOUNT: 26,139. DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 11,198. END OF YEAR AMOUNT: 10,673. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DESCRIPTION: DEFERRED INCOME. BEG. OF YEAR AMOUNT: 68,455. END OF YEAR AMOUNT: 31,125. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2016-03-07 17:11:31Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | MICHAEL MAIELLO |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | TRUSTEE |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2122748000 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2015-04-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | CORRECTION OFFICERS' BENEVOLENT |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2 | 0 | ASSOCIATION SCHOLARSHIP FUND INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | CORR |
| ReturnHeader/Filer/EIN | 0 | 134183116 |
| ReturnHeader/Filer/PhoneNum | 0 | 2122748000 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | 75 BROAD STREET NO 810 |
| ReturnHeader/Filer/USAddress/City | 0 | NEW YORK |
| ReturnHeader/Filer/USAddress/State | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 100043215 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 131578842 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | BUCHBINDER TUNICK & CO LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | ONE PENN PLAZA - SUITE 5335 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 101190219 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2126955003 |
| ReturnHeader/ReturnTs | 0 | 2015-04-15T15:59:19-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-06-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2014-05-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2014 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $78,784
- Liabilities
- $31,125
- Net assets
- $47,659
- Revenue
- $73,546
- Expenses
- $83,217
- Net income
- -$9,671