Civic Intelligence

K Rice Tr UW FBO Schenectady

EIN 14-6098522 • 501(c)3 • Albany, NY

Profile

To support the schenectady foundation endowment fund

6 Metro Park RoadAlbany, NY 12205

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

9th percentile

0.00x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Liabilities / Revenue

10th percentile

0.00x

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

501(c)3 • $5M-$10M nonprofits • Source year 2024

Net Margin

92nd percentile

61%

Higher net margin than 92% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Top Officer Pay

28th percentile

$62,912

Higher top officer pay than 28% of similar nonprofits.

Top officer pay equals 8.8% of source-year revenue.

501(c)3 • $5M-$10M nonprofits • Source year 2024

Asset Growth

60th percentile

7.6%

Faster asset growth than 60% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Revenue Growth

92nd percentile

110%

Faster revenue growth than 92% of similar nonprofits.

501(c)3 • $5M-$10M nonprofits • Annualized from 2023 to 2024

Assets

Up

$6,256,950

Up $439,483 (+7.6%) from 2023

Liabilities

Flat

$0

Flat from 2023

Net Assets

Up

$6,256,950

Up $439,483 (+7.6%) from 2023

Revenue

Up

$717,172

Up $375,752 (+110%) from 2023

Expenses

Up

$277,689

Up $36,441 (+15%) from 2023

Net Income

Up

$439,483

Up $339,311 (+339%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $3,861,721Liabilities 2011: $0Net Assets 2011: $3,861,7212011Assets 2012: $4,062,108Liabilities 2012: $0Net Assets 2012: $4,062,1082012Assets 2013: $4,182,990Liabilities 2013: $0Net Assets 2013: $4,182,9902013Assets 2014: $4,288,946Liabilities 2014: $0Net Assets 2014: $4,288,9462014Assets 2015: $4,377,470Liabilities 2015: $0Net Assets 2015: $4,377,4702015Assets 2016: $4,412,588Liabilities 2016: $0Net Assets 2016: $4,412,5882016Assets 2017: $4,389,494Liabilities 2017: $0Net Assets 2017: $4,389,4942017Assets 2018: $4,750,786Liabilities 2018: $0Net Assets 2018: $4,750,7862018Assets 2019: $4,797,420Liabilities 2019: $0Net Assets 2019: $4,797,4202019Assets 2020: $4,920,409Liabilities 2020: $0Net Assets 2020: $4,920,4092020Assets 2021: $5,612,495Liabilities 2021: $0Net Assets 2021: $5,612,4952021Assets 2022: $5,717,295Liabilities 2022: $0Net Assets 2022: $5,717,2952022Assets 2023: $5,817,467Liabilities 2023: $0Net Assets 2023: $5,817,4672023Assets 2024: $6,256,950Liabilities 2024: $0Net Assets 2024: $6,256,9502024

Highlighted filing

2024

Assets$6,256,950
Liabilities$0
Net Assets$6,256,950

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $204,901Expenses 2011: $105,173Net Income 2011: $99,7282011Revenue 2012: $320,174Expenses 2012: $119,787Net Income 2012: $200,3872012Revenue 2013: $244,601Expenses 2013: $123,719Net Income 2013: $120,8822013Revenue 2014: $249,206Expenses 2014: $143,250Net Income 2014: $105,9562014Revenue 2015: $221,958Expenses 2015: $133,434Net Income 2015: $88,5242015Revenue 2016: $184,813Expenses 2016: $149,695Net Income 2016: $35,1182016Revenue 2017: $132,781Expenses 2017: $155,875Net Income 2017: -$23,0942017Revenue 2018: $562,986Expenses 2018: $201,694Net Income 2018: $361,2922018Revenue 2019: $245,234Expenses 2019: $198,600Net Income 2019: $46,6342019Revenue 2020: $279,385Expenses 2020: $156,396Net Income 2020: $122,9892020Revenue 2021: $858,040Expenses 2021: $165,954Net Income 2021: $692,0862021Revenue 2022: $289,979Expenses 2022: $185,179Net Income 2022: $104,8002022Revenue 2023: $341,420Expenses 2023: $241,248Net Income 2023: $100,1722023Revenue 2024: $717,172Expenses 2024: $277,689Net Income 2024: $439,4832024

Highlighted filing

2024

Revenue$717,172
Expenses$277,689
Net Income$439,483

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.26$0.00$6.26$0.72$0.28$0.44
2023Detailed filing. Detailed filing data is available for this year.$5.82$0.00$5.82$0.34$0.24$0.10
2022Detailed filing. Detailed filing data is available for this year.$5.72$0.00$5.72$0.29$0.19$0.10
2021Detailed filing. Detailed filing data is available for this year.$5.61$0.00$5.61$0.86$0.17$0.69
2020Detailed filing. Detailed filing data is available for this year.$4.92$0.00$4.92$0.28$0.16$0.12
2019Summary only. Only limited summary data is available for this year.$4.80$0.00$4.80$0.25$0.20$0.05
2018Summary only. Only limited summary data is available for this year.$4.75$0.00$4.75$0.56$0.20$0.36
2017Summary only. Only limited summary data is available for this year.$4.39$0.00$4.39$0.13$0.16$0.02
2016Summary only. Only limited summary data is available for this year.$4.41$0.00$4.41$0.18$0.15$0.04
2015Summary only. Only limited summary data is available for this year.$4.38$0.00$4.38$0.22$0.13$0.09
2014Summary only. Only limited summary data is available for this year.$4.29$0.00$4.29$0.25$0.14$0.11
2013Summary only. Only limited summary data is available for this year.$4.18$0.00$4.18$0.24$0.12$0.12
2012Summary only. Only limited summary data is available for this year.$4.06$0.00$4.06$0.32$0.12$0.20
2011Summary only. Only limited summary data is available for this year.$3.86$0.00$3.86$0.20$0.11$0.10
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 16, 2025
Return Version
2024v5.0
Gross Receipts
$768,113
Mission and Program Overview

Mission

To support the schenectady foundation endowment fund

Balance Sheet Detail
LineBeginningEndChange
Assets
Cap Stk Tr Prin Current Funds$5,817,467$6,256,950▲ $439,483
Investments in Publicly Traded Securities$4,985,932$5,310,990▲ $325,058
Savings and Temporary Cash Investments$831,535$945,959▲ $114,424
Cash and Non-Interest-Bearing Accounts-$1-
Total Assets$5,817,467$6,256,950▲ $439,483
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,817,467$6,256,950▲ $439,483
Total Liabilities and Net Assets / Fund Balance$5,817,467$6,256,950▲ $439,483
Compensation and Service Providers

Employees

NameTitleBaseTotal
Trustco BankTrustee$62,912$62,912
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$717,172
Other Revenue
$0
Change in Net Assets
$439,483
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$214,027
Salaries, Compensation, and Employee Benefits$62,912
Other Expenses$750
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$214,027--$214,027
Current Officers, Directors, Trustees, and Key Employees-$62,912-$62,912
Fees for Services Accounting-$500-$500
Other Expenses-$250-$250
Total Functional Expenses$214,027$63,662$0$277,689
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Schenectady Fdn Endowment FundSchenectady, NY3Support Foundation$214,027
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
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
No
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

Trustees will review federal form 990 prior to submission.

Form 990, Page 6, Part VI, Line 19

Organizational documents available upon request.

Filing and Contact Details

Filer

Filer Name
K Rice Tr Uw Fbo Schenectady
EIN
14-6098522
Phone
5183813643
Address
6 METRO PARK ROAD, ALBANY, NY 12205

Signing Officer

Name
Trustco Bank
Title
Trustee
Phone
5185813643
Signed
2025-04-16

Organization Details

Principal Officer
Trustco Bank
Formed
1988
Legal Domicile
Ny
Voting Board Members
1
Independent Board Members
1
Employees
0

Preparer

Firm
West & Company Cpas Pc
Address
PO BOX 1219, GLOVERSVILLE, NY 12078-0354
Preparer
Trisha Rogers-byrns
Phone
5187257127
Supplemental Narrative

Additional Explanations

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

Charitable contributions paid in accordance with terms of will. Contributions were paid to the schenectady foundation endowment fund.

Raw XML Appendix278 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/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
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IRS990/GrossAmountSalesAssetsGrp/OtherAmt0117740
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IRS990/NondeductibleContributionsInd0false
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IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0250
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRUSTEES WILL REVIEW FEDERAL FORM 990 PRIOR TO SUBMISSION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ORGANIZATIONAL DOCUMENTS AVAILABLE UPON REQUEST.
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ReturnHeader/BuildTS02025-03-06 01:10:19Z
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ReturnHeader/Filer/PhoneNum05183813643
ReturnHeader/Filer/USAddress/AddressLine1Txt06 METRO PARK ROAD
ReturnHeader/Filer/USAddress/CityNm0ALBANY
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd012205
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0false
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0141662664
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WEST & COMPANY CPAS PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 1219
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0GLOVERSVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0120780354
ReturnHeader/PreparerPersonGrp/PhoneNum05187257127
ReturnHeader/PreparerPersonGrp/PreparationDt02025-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0TRISHA ROGERS-BYRNS
ReturnHeader/ReturnTs02025-05-07T13:21:12-04:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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