Civic Intelligence

Eldred Central School Faculty Association Employee Benefit Trust

990 • Fiscal year 2019 • EIN 14-1812469

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 05, 2019

PO Box 249Eldred, NY 12732

(845) 557-6014

Siviq Scores

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

Liabilities / Assets

92nd percentile

0.59x

Higher debt load relative to assets than 92% of similar nonprofits.

2019 filings • <$500k nonprofits • Source year 2019

Liabilities / Revenue

91st percentile

0.32x

Higher debt load relative to revenue than 91% of similar nonprofits.

2019 filings • <$500k nonprofits • Source year 2019

Net Margin

25th percentile

-11%

Higher net margin than 25% of similar nonprofits.

2019 filings • <$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 • <$500k nonprofits • Source year 2019

Asset Growth

21st percentile

-17%

Faster asset growth than 21% of similar nonprofits.

2019 filings • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

45th percentile

-2.0%

Faster revenue growth than 45% of similar nonprofits.

2019 filings • <$500k nonprofits • Annualized from 2018 to 2019

Assets

Down

$85,228

Down $16,994 (-17%) from 2018

Net Assets

Down

$35,228

Down $16,994 (-33%) from 2018

Liabilities

Flat

$50,000

Flat from 2018

Revenue

Down

$155,397

Down $3,153 (-2.0%) from 2018

Expenses

Up

$172,391

Up $4,214 (+2.5%) from 2018

Net Income

Down

-$16,994

Down $7,367 (-77%) from 2018

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $114,212Liabilities 2012: $50,000Net Assets 2012: $64,2122012Assets 2013: $91,843Liabilities 2013: $50,000Net Assets 2013: $41,8432013Assets 2014: $102,338Liabilities 2014: $50,000Net Assets 2014: $52,3382014Assets 2016: $106,172Liabilities 2016: $50,000Net Assets 2016: $56,1722016Assets 2017: $111,849Liabilities 2017: $50,000Net Assets 2017: $61,8492017Assets 2018: $102,222Liabilities 2018: $50,000Net Assets 2018: $52,2222018Assets 2019: $85,228Liabilities 2019: $50,000Net Assets 2019: $35,2282019Assets 2020: $97,245Liabilities 2020: $50,000Net Assets 2020: $47,2452020Assets 2021: $141,608Liabilities 2021: $50,000Net Assets 2021: $91,6082021Assets 2022: $195,861Liabilities 2022: $50,000Net Assets 2022: $145,8612022Assets 2023: $206,397Liabilities 2023: $50,000Net Assets 2023: $156,3972023Assets 2024: $243,570Liabilities 2024: $50,000Net Assets 2024: $193,5702024Assets 2025: $268,140Liabilities 2025: $50,000Net Assets 2025: $218,1402025

Highlighted filing

2019

Assets$85,228
Liabilities$50,000
Net Assets$35,228

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2012: $139,8912012Expenses 2013: $185,1372013Revenue 2014: $191,139Expenses 2014: $180,644Net Income 2014: $10,4952014Revenue 2016: $164,038Expenses 2016: $155,165Net Income 2016: $8,8732016Revenue 2017: $172,279Expenses 2017: $166,602Net Income 2017: $5,6772017Revenue 2018: $158,550Expenses 2018: $168,177Net Income 2018: -$9,6272018Revenue 2019: $155,397Expenses 2019: $172,391Net Income 2019: -$16,9942019Revenue 2020: $188,304Expenses 2020: $176,287Net Income 2020: $12,0172020Revenue 2021: $210,098Expenses 2021: $165,735Net Income 2021: $44,3632021Revenue 2022: $204,882Expenses 2022: $150,629Net Income 2022: $54,2532022Revenue 2023: $203,729Expenses 2023: $193,193Net Income 2023: $10,5362023Revenue 2024: $207,999Expenses 2024: $170,826Net Income 2024: $37,1732024Revenue 2025: $179,801Expenses 2025: $155,231Net Income 2025: $24,5702025

Highlighted filing

2019

Revenue$155,397
Expenses$172,391
Net Income-$16,994
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 5, 2019
Return Version
2018v3.1
Gross Receipts
$155,397
Mission and Program Overview

Mission

Provide employee benefits to school employees.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$60,659$60,878▲ $219
Rtn Earn Endowment Incm Other Fnds$52,222$35,228▼ $16,994
Cash and Non-Interest-Bearing Accounts$41,563$24,350▼ $17,213
Total Assets$102,222$85,228▼ $16,994
Liabilities
Deferred Revenue$50,000$50,000→ $0
Total Liabilities$50,000$50,000→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$52,222$35,228▼ $16,994
Total Liabilities and Net Assets / Fund Balance$102,222$85,228▼ $16,994
Compensation and Service Providers

Board Members and Trustees

NameTitle
Joshua GlantzChairperson
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$155,178
Investment Income
$219
Other Revenue
$0
Change in Net Assets
$-16,994
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,980
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$169,411--$169,411
Fees for Services Accounting$1,475$1,475-$2,950
Office Expenses-$30-$30
Total Functional Expenses$170,886$1,505$0$172,391
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
Annual disclosure for covered persons
No
Backup withholding compliance
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
Yes
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
Eldred Central School Faculty
EIN
14-1812469
Phone
8455576014
Address
PO BOX 249, ELDRED, NY 12732

Signing Officer

Name
Joshua Glantz
Title
Chairperson
Phone
8455576014
Signed
2019-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joshua Glantz
Voting Board Members
5
Independent Board Members
5
Employees
0

Preparer

Firm
Gitlin & Associates Llp
Address
55 S MAIN ST, LIBERTY, NY 12754-1830
Preparer
Edward Musa
Phone
8452927780
Supplemental Narrative

Additional Explanations

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

Provide employee benefits to school employees.

Raw XML Appendix234 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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IRS990/BenefitsToMembersGrp/ProgramServicesAmt0169411
IRS990/BenefitsToMembersGrp/TotalAmt0169411
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IRS990/ConsolidatedAuditFinclStmtInd0false
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IRS990/CYContributionsGrantsAmt00
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IRS990/CYOtherExpensesAmt02980
IRS990/CYOtherRevenueAmt00
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IRS990/CYRevenuesLessExpensesAmt0-16994
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0172391
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IRS990/CYTotalRevenueAmt0155397
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IRS990/EmployeeCnt00
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IRS990/FamilyOrBusinessRlnInd0false
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IRS990/ForeignActivitiesInd0false
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIRPERSON
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IRS990/FSAuditedInd0false
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IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt0155397
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt05
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0219
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0219
IRS990/InvestmentInJointVentureInd0false
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0PROVIDE EMPLOYEE BENEFITS TO SCHOOL EMPLOYEES.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt052222
IRS990/NetAssetsOrFundBalancesEOYAmt035228
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt030
IRS990/OfficeExpensesGrp/TotalAmt030
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization4947a1NotPFInd0X
IRS990/OrgDoesNotFollowSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
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IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/Desc0ECS BENEFIT CONTRIBUTIONS
IRS990/ProgramServiceRevenueGrp/Desc1RETIREES PREMIUMS
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt093733
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IRS990/PYBenefitsPaidToMembersAmt0165194
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IRS990/PYInvestmentIncomeAmt0177
IRS990/PYOtherExpensesAmt02983
IRS990/PYProgramServiceRevenueAmt0158373
IRS990/PYRevenuesLessExpensesAmt0-9627
IRS990/PYTotalExpensesAmt0168177
IRS990/PYTotalRevenueAmt0158550
IRS990/ReconcilationRevenueExpnssAmt0-16994
IRS990/RegularMonitoringEnfrcInd0false
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RtnEarnEndowmentIncmOthFndsGrp/BOYAmt052222
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt060659
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IRS990ScheduleA/SchoolInd0X
IRS990/ScheduleBRequiredInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO DOCUMENTS AVAILABLE TO THE PUBLIC
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IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
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IRS990/TotalGrossUBIAmt00
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ReturnHeader/BuildTS02020-04-17 16:48:07Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0ASSOCIATION EMPLOYEE BENEFIT TRUST
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ReturnHeader/ReturnTs02019-11-14T13:26:22-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings