Civic Intelligence

Herring College Mem Educational Tr C/O Marilyn Trainor

990 • Fiscal year 2020 • EIN 16-1126179

Jan 01, 2020 to Dec 31, 2020 • Filed on Jul 02, 2021

Organization Profile
436 Harris DriveWatertown, NY 13601

(315) 430-1746

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

3rd percentile

-156%

Higher net margin than 3% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

44th percentile

3.6%

Faster asset growth than 44% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

7th percentile

-51%

Faster revenue growth than 7% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$3,213,067

Up $111,854 (+3.6%) from 2019

Net Assets

Up

$3,213,067

Up $111,854 (+3.6%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / Revenue15th percentileNet Margin3rd percentile

Revenue

Down

$50,298

Down $52,916 (-51%) from 2019

Expenses

Up

$128,931

Up $613 (+0.5%) from 2019

Net Income

Down

-$78,633

Down $53,529 (-213%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $2,447,576Liabilities 2010: $250Net Assets 2010: $2,447,3262010Assets 2011: $2,488,733Liabilities 2011: $0Net Assets 2011: $2,488,7332011Assets 2012: $2,607,112Liabilities 2012: $0Net Assets 2012: $2,607,1122012Assets 2013: $2,849,738Liabilities 2013: $0Net Assets 2013: $2,849,7382013Assets 2014: $2,926,341Liabilities 2014: $0Net Assets 2014: $2,926,3412014Assets 2015: $2,716,348Liabilities 2015: $0Net Assets 2015: $2,716,3482015Assets 2016: $2,866,915Liabilities 2016: $2,950Net Assets 2016: $2,863,9652016Assets 2017: $2,930,349Liabilities 2017: $0Net Assets 2017: $2,930,3492017Assets 2018: $2,778,873Liabilities 2018: $0Net Assets 2018: $2,778,8732018Assets 2019: $3,101,213Liabilities 2019: $0Net Assets 2019: $3,101,2132019Assets 2020: $3,213,067Liabilities 2020: $0Net Assets 2020: $3,213,0672020Assets 2021: $3,477,201Liabilities 2021: $0Net Assets 2021: $3,477,2012021Assets 2022: $3,031,603Liabilities 2022: $0Net Assets 2022: $3,031,6032022Assets 2023: $3,199,847Liabilities 2023: $0Net Assets 2023: $3,199,8472023Assets 2024: $3,380,718Liabilities 2024: $0Net Assets 2024: $3,380,7182024

Highlighted filing

2020

Assets$3,213,067
Liabilities$0
Net Assets$3,213,067
Open 2020 Filing

Operations Trend

Revenue Growth7th percentile

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

$400K$200K$0-$200K-$400KExpenses 2010: $104,0952010Expenses 2011: $104,3962011Expenses 2012: $104,8682012Revenue 2013: $205,204Expenses 2013: $106,084Net Income 2013: $99,1202013Revenue 2014: $218,364Expenses 2014: $110,506Net Income 2014: $107,8582014Revenue 2015: -$152,718Expenses 2015: $129,377Net Income 2015: -$282,0952015Revenue 2016: $123,808Expenses 2016: $128,781Net Income 2016: -$4,9732016Revenue 2017: $137,642Expenses 2017: $130,015Net Income 2017: $7,6272017Revenue 2018: $335,621Expenses 2018: $129,092Net Income 2018: $206,5292018Revenue 2019: $103,214Expenses 2019: $128,318Net Income 2019: -$25,1042019Revenue 2020: $50,298Expenses 2020: $128,931Net Income 2020: -$78,6332020Revenue 2021: $263,799Expenses 2021: $132,423Net Income 2021: $131,3762021Revenue 2022: $155,860Expenses 2022: $132,281Net Income 2022: $23,5792022Revenue 2023: $159,339Expenses 2023: $129,617Net Income 2023: $29,7222023Revenue 2024: $191,836Expenses 2024: $133,349Net Income 2024: $58,4872024

Highlighted filing

2020

Revenue$50,298
Expenses$128,931
Net Income-$78,633
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
Jul 2, 2021
Return Version
2020v4.0
Gross Receipts
$1,218,130
Mission and Program Overview

Mission

To provide scholarships for individuals that are academically qualified and live in the city of watertown and surrounding areas.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,863,462$2,957,458▲ $93,996
Savings and Temporary Cash Investments$233,088$252,921▲ $19,833
Accounts Receivable$4,663$2,688▼ $1,975
Total Assets$3,101,213$3,213,067▲ $111,854
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,944,260$2,056,114▲ $111,854
Net Assets With Donor Restrictions$1,156,953$1,156,953→ $0
Total Net Assets Fund Balance$3,101,213$3,213,067▲ $111,854
Total Liabilities and Net Assets / Fund Balance$3,101,213$3,213,067▲ $111,854
Compensation and Service Providers
Top Officer Pay37th percentile

Board Members and Trustees

NameTitle
Marilyn TrainorPresident
Arthur SteverTrustee
Christine PowersTrustee
Jacquelyn SchellTrustee
Jerilyn FairmanTrustee
Matthew MorgiaTrustee
Megan KendallTrustee
Roger HowardTrustee
Jeffrey GingerSecretary
Marc LadouceurTreasurer
Pj BanazekVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$50,298
Other Revenue
$0
Change in Net Assets
$-78,633
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$100,000
Other Expenses$28,931
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$100,000--$100,000
Fees for Service Investment Mgmnt Fees-$21,450-$21,450
Fees for Services Accounting-$4,850-$4,850
Insurance-$1,381-$1,381
Fees for Services Other$1,000--$1,000
Other Expenses-$250-$250
Total Functional Expenses$101,000$27,931$0$128,931
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Northern Ny Community FdnWatertown, NY11aSee Part Iv$100,000
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
Audit committee
Yes
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

“The 990 and audited financial statements will be reviewed by the board at their quarterly meeting.”

Form 990, Page 6, Part VI, Line 19

“Governing documents will be provided upon written request for the information.”

Filing and Contact Details

Filer

Filer Name
Herring College Mem Educational Tr
EIN
16-1126179
Phone
3154301746
Address
436 HARRIS DRIVE, WATERTOWN, NY 13601

Signing Officer

Name
Marilyn Trainor
Title
President
Phone
3154301746
Signed
2021-07-02
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marilyn Trainor
Formed
1978
Legal Domicile
Ny
Voting Board Members
11
Independent Board Members
11
Employees
0

Preparer

Firm
Stackel & Navarra CPA Pc
Address
216 WASHINGTON ST STE 402, WATERTOWN, NY 13601-3336
Preparer
Jacob Navarra
Phone
3157821220
Supplemental Narrative

Additional Explanations

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

“Foreign tax paid on investments.”

Raw XML AppendixShowing 400 of 445 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
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsReceivableGrp/BOYAmt04663
IRS990/AccountsReceivableGrp/EOYAmt02688
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0TO PROVIDE SCHOLARSHIPS FOR INDIVIDUALS THAT ARE ACADEMICALLY QUALIFIED AND LIVE IN THE CITY OF WATERTOWN AND SURROUNDING AREAS.
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0MARILYN TRAINOR
IRS990/BooksInCareOfDetail/PhoneNum03154301746
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0436 HARRIS DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0WATERTOWN
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990/BooksInCareOfDetail/USAddress/ZIPCd013601
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0false
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt0100000
IRS990/CYInvestmentIncomeAmt050298
IRS990/CYOtherExpensesAmt028931
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-78633
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt0128931
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt050298
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0DONATION TO THE NORTHERN NEW YORK COMMUNITY FOUNDATION, INC. FOR THE HERRING COLLEGE MEMORIAL EDUCATIONAL TRUST.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01156953
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt01156953
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0100000
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04850
IRS990/FeesForServicesAccountingGrp/TotalAmt04850
IRS990/FeesForServicesOtherGrp/ProgramServicesAmt01000
IRS990/FeesForServicesOtherGrp/TotalAmt01000
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt021450
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt021450
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt00.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt10.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt20.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt30.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt40.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt50.25
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt60.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt70.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt80.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt90.10
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt100.25
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/PersonNm0PJ BANAZEK
IRS990/Form990PartVIISectionAGrp/PersonNm1JERILYN FAIRMAN
IRS990/Form990PartVIISectionAGrp/PersonNm2JEFFREY GINGER
IRS990/Form990PartVIISectionAGrp/PersonNm3ROGER HOWARD
IRS990/Form990PartVIISectionAGrp/PersonNm4MEGAN KENDALL
IRS990/Form990PartVIISectionAGrp/PersonNm5MARC LADOUCEUR
IRS990/Form990PartVIISectionAGrp/PersonNm6MATTHEW MORGIA
IRS990/Form990PartVIISectionAGrp/PersonNm7CHRISTINE POWERS
IRS990/Form990PartVIISectionAGrp/PersonNm8JACQUELYN SCHELL
IRS990/Form990PartVIISectionAGrp/PersonNm9ARTHUR STEVER
IRS990/Form990PartVIISectionAGrp/PersonNm10MARILYN TRAINOR
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/TitleTxt0VICE PRESIDE
IRS990/Form990PartVIISectionAGrp/TitleTxt1TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt4TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt5TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt6TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt7TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt8TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt9TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt10PRESIDENT
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01978
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/OtherAmt0403
IRS990/GainOrLossGrp/SecuritiesAmt0-21284
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt011
IRS990/GrantAmt0100000
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt0100000
IRS990/GrantsToDomesticOrgsGrp/TotalAmt0100000
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/OtherAmt0403
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt01146548
IRS990/GrossReceiptsAmt01218130
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt011
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01381
IRS990/InsuranceGrp/TotalAmt01381
IRS990/InvestmentIncomeGrp/ExclusionAmt043098
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt028081
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt071179
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsPubTradedSecGrp/BOYAmt02863462
IRS990/InvestmentsPubTradedSecGrp/EOYAmt02957458
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0NY
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt01167832
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0TO PROVIDE SCHOLARSHIPS FOR INDIVIDUALS THAT ARE ACADEMICALLY QUALIFIED AND LIVE IN THE CITY OF WATERTOWN AND SURROUNDING AREAS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt03101213
IRS990/NetAssetsOrFundBalancesEOYAmt03213067
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0-20881
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-20881
IRS990/NetUnrlzdGainsLossesInvstAmt0190487
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt01944260
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt02056114
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherExpensesGrp/Desc0NYS FILING FEE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0250
IRS990/OtherExpensesGrp/TotalAmt0250
IRS990/PartialLiquidationInd0false
IRS990/PoliticalCampaignActyInd0false
IRS990/PrincipalOfficerNm0MARILYN TRAINOR
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActyOtherGrp/Desc0FOREIGN TAX PAID ON INVESTMENTS.
IRS990/ProgSrvcAccomActyOtherGrp/ExpenseAmt01000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0100000
IRS990/PYInvestmentIncomeAmt0103214
IRS990/PYOtherExpensesAmt028318
IRS990/PYRevenuesLessExpensesAmt0-25104
IRS990/PYTotalExpensesAmt0128318
IRS990/PYTotalRevenueAmt0103214
IRS990/ReconcilationRevenueExpnssAmt0-78633
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0233088
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0252921
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/CurrentYearAmt066179
IRS990ScheduleA/AdjustedNetIncomeGrp/AdjustedGrossIncomeGrp/PriorYearAmt093517
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/DepreciationDepletionGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/NetSTCapitalGainAdjNetIncmGrp/PriorYearAmt018341
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherExpensesGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/CurrentYearAmt066179
IRS990ScheduleA/AdjustedNetIncomeGrp/OtherGrossIncomeGrp/PriorYearAmt075176
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/CurrentYearAmt028931
IRS990ScheduleA/AdjustedNetIncomeGrp/ProductionIncomeGrp/PriorYearAmt028318
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/CurrentYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/RecoveriesPYDistributionsGrp/PriorYearAmt00
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/CurrentYearAmt037248
IRS990ScheduleA/AdjustedNetIncomeGrp/TotalAdjustedNetIncomeGrp/PriorYearAmt065199
IRS990ScheduleA/DistributableAmountGrp/CYAdjNetIncomeDistributableAmt065199
IRS990ScheduleA/DistributableAmountGrp/CYDistributableAsAdjustedAmt0101195
IRS990ScheduleA/DistributableAmountGrp/CYGreaterAdjustedMinimumAmt0101195
IRS990ScheduleA/DistributableAmountGrp/CYIncomeTaxImposedPYAmt00
IRS990ScheduleA/DistributableAmountGrp/CYPct85AdjustedNetIncomeAmt055419
IRS990ScheduleA/DistributableAmountGrp/CYTotalMinAstDistributableAmt0101195
IRS990ScheduleA/DistributionAllocationsGrp/CarryoverPYNotAppliedAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistribAppUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYDistributableAsAdjustedAmt0101195
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistrCPYAmt0101195
IRS990ScheduleA/DistributionAllocationsGrp/CyovAppliedUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/CYTotalAnnualDistributionsAmt0128931
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionAmt0128931
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovAmt067189
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr1Amt0128318
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr2Amt040066
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistributionCyovYr5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessDistriCyovToNextYrAmt0196120
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear1Amt0128931
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear2Amt067189
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear3Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear4Amt00
IRS990ScheduleA/DistributionAllocationsGrp/ExcessFromYear5Amt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriCYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/RemainingUnderdistriPYAmt00
IRS990ScheduleA/DistributionAllocationsGrp/TotalExcessDistributionCyovAmt0168384
IRS990ScheduleA/DistributionAllocationsGrp/UnderdistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYAdministrativeExpensePaidAmt07481
IRS990ScheduleA/DistributionsGrp/CYDistriAttentiveSuprtOrgAmt0100000
IRS990ScheduleA/DistributionsGrp/CYDistributableAsAdjustedAmt0101195
IRS990ScheduleA/DistributionsGrp/CYDistributionYrRt00.988191000000
IRS990ScheduleA/DistributionsGrp/CYOtherDistributionsAmt00
IRS990ScheduleA/DistributionsGrp/CYPaidAccomplishExemptPrpsAmt0100000
IRS990ScheduleA/DistributionsGrp/CYPdInExcessIncomeActivityAmt021450
IRS990ScheduleA/DistributionsGrp/CYTotalAnnualDistributionsAmt0128931
IRS990ScheduleA/DistributionsGrp/ExemptUseAssetsAcquisPaidAmt00
IRS990ScheduleA/DistributionsGrp/QualifiedSetAsideAmt00
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0A NEW YORK STATE SUPREME COURT RULING SET UP HERRING COLLEGE MEMORIAL EDUCATIONAL TRUST. THE HERRING COLLEGE MEMORIAL EDUCATIONAL TRUST WAS ORGANIZED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES BY MAKING SEMI-ANNUAL DISTRIBUTIONS EXCLUSIVELY FOR THE BENEFIT OF THE NORTHERN NEW YORK COMMUNITY FOUNDATION, INC. THE NORTHERN NEW YORK COMMUNITY FOUNDATION ESTABLISHED A FUND DESIGNATED AS THE HERRING COLLEGE MEMORIAL FUND TO PROVIDE SCHOLARSHIPS AND GRANTS TO ACADEMICALLY QUALIFIED STUDENTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1DISTRIBUTIONS TO THE NORTHERN NEW YORK COMMUNITY FOUNDATION FOR THE HERRING COLLEGE MEMORIAL EDUCATIONAL TRUST FOR SCHOLARSHIPS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION A, LINE 1
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART V, SECTION D, LINE 8
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AcquisitionIndebtednessGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/CurrentYearAmt03153465
IRS990ScheduleA/MinimumAssetAmountGrp/AdjustedFMVLessIndebtednessGrp/PriorYearAmt02935311
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/CurrentYearAmt0243005
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyCashBalancesGrp/PriorYearAmt0379220
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/CurrentYearAmt02910460
IRS990ScheduleA/MinimumAssetAmountGrp/AverageMonthlyFMVOfSecGrp/PriorYearAmt02556091
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/CurrentYearAmt047302
IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt044030
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/FMVOtherNonExemptUseAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/CurrentYearAmt03106163
IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt02891281
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt0108716
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt0101195
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt03153465
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/PriorYearAmt02935311
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt0108716
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt0101195
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0156020989
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0false
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd08
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt0100000
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NORTHERN NY COMM FDN
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine2Txt0NORTHERN NY COMM FDN
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt0100000
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt0100000
IRS990ScheduleI/RecipientTable/IRCSectionDesc011A
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SEE PART IV
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0NORTHERN NY COMMUNITY FDN
IRS990ScheduleI/RecipientTable/RecipientEIN0156020989
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0131 WASHINGTON ST
IRS990ScheduleI/RecipientTable/USAddress/CityNm0WATERTOWN
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd013601
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION RECEIVES AN ANNUAL LISTING OF SCHOLARSHIPS FROM THE NORTHERN NEW YORK COMMUNITY FOUNDATION GIVEN TO STUDENTS BY THE FOUNDATION IN THE NAME OF THE HERRING COLLEGE MEMORIAL EDUCATIONAL TRUST.
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt1PART II, LINE 1, COLUMN (H): GRANT TO NORTHERN NEW YORK COMMUNITY FOUNDATION, INC. FOR THE HERRING COLLEGE MEMORIAL EDUCATIONAL FUND FOR SCHOLARSHIPS TO ACADEMICALLY QUALIFYING STUDENTS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 1, PART I, LINE 2
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE I, PAGE 4, PART IV
IRS990ScheduleI/Total501c3OrgCnt01
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0FOREIGN TAX PAID ON INVESTMENTS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE 990 AND AUDITED FINANCIAL STATEMENTS WILL BE REVIEWED BY THE BOARD AT THEIR QUARTERLY MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2GOVERNING DOCUMENTS WILL BE PROVIDED UPON WRITTEN REQUEST FOR THE INFORMATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 2, PART III, LINE 4D
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 19
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt03101213
IRS990/TotalAssetsEOYAmt03213067
IRS990/TotalAssetsGrp/BOYAmt03101213
IRS990/TotalAssetsGrp/EOYAmt03213067
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt027931
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0101000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0128931
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03101213
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03213067
IRS990/TotalOtherProgSrvcExpenseAmt01000
IRS990/TotalProgramServiceExpensesAmt0101000
IRS990/TotalRevenueGrp/ExclusionAmt043098
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt07200

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$3,213,067
Liabilities
$0
Net assets
$3,213,067
Revenue
$50,298
Expenses
$128,931
Net income
-$78,633
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.38$0.00$3.38$0.19$0.13$0.06
2023Detailed filing. Detailed filing data is available for this year.$3.20$0.00$3.20$0.16$0.13$0.03
2022Detailed filing. Detailed filing data is available for this year.$3.03$0.00$3.03$0.16$0.13$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.48$0.00$3.48$0.26$0.13$0.13
2020Detailed filing. Detailed filing data is available for this year.$3.21$0.00$3.21$0.05$0.13$0.08
2019Detailed filing. Detailed filing data is available for this year.$3.10$0.00$3.10$0.10$0.13$0.03
2018Detailed filing. Detailed filing data is available for this year.$2.78$0.00$2.78$0.34$0.13$0.21
2017Detailed filing. Detailed filing data is available for this year.$2.93$0.00$2.93$0.14$0.13$0.01
2016Detailed filing. Detailed filing data is available for this year.$2.87$0.00$2.86$0.12$0.13$0.00
2015Detailed filing. Detailed filing data is available for this year.$2.72$0.00$2.72$0.15$0.13$0.28
2014Detailed filing. Detailed filing data is available for this year.$2.93$0.00$2.93$0.22$0.11$0.11
2013Detailed filing. Detailed filing data is available for this year.$2.85$0.00$2.85$0.21$0.11$0.10
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.61$0.00$2.61$0.10
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.49$0.00$2.49$0.10
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.45$0.00$2.45$0.10