Civic Intelligence

Westerly Education Endowment Fund Inc.

990EZ • Fiscal year 2023 • EIN 20-1963637

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

PO Box 1219Westerly, RI 02891

(401) 829-7494

Siviq Scores

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

Liabilities / Assets

58th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Liabilities / Revenue

59th percentile

0.00x

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Net Margin

25th percentile

-12%

Higher net margin than 25% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2023

Assets

Up

$190,283

Up $113,059 (+146%) from 2018

Net Assets

Up

$190,283

Up $113,059 (+146%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$11,407

Down $50,809 (-82%) from 2018

Expenses

Down

$12,804

Down $30,733 (-71%) from 2018

Net Income

Down

-$1,397

Down $20,076 (-107%) from 2018

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $33,529Liabilities 2010: $0Net Assets 2010: $33,5292010Assets 2011: $36,134Liabilities 2011: $0Net Assets 2011: $36,1342011Assets 2012: $47,856Liabilities 2012: $0Net Assets 2012: $47,8562012Assets 2013: $48,766Liabilities 2013: $0Net Assets 2013: $48,7662013Assets 2014: $56,680Liabilities 2014: $0Net Assets 2014: $56,6802014Assets 2015: $57,018Liabilities 2015: $0Net Assets 2015: $57,0182015Assets 2016: $60,904Liabilities 2016: $0Net Assets 2016: $60,9042016Assets 2017: $58,545Liabilities 2017: $0Net Assets 2017: $58,5452017Assets 2018: $77,224Liabilities 2018: $0Net Assets 2018: $77,2242018Assets 2023: $190,283Liabilities 2023: $0Net Assets 2023: $190,2832023Assets 2024: $164,163Liabilities 2024: $0Net Assets 2024: $164,1632024

Highlighted filing

2023

Assets$190,283
Liabilities$0
Net Assets$190,283

Operations Trend

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

$100K$50K$0-$50KRevenue 2010: $35,815Expenses 2010: $31,513Net Income 2010: $4,3022010Revenue 2011: $27,586Expenses 2011: $24,981Net Income 2011: $2,6052011Expenses 2012: $13,8022012Revenue 2013: $46,799Expenses 2013: $45,889Net Income 2013: $9102013Revenue 2014: $30,699Expenses 2014: $22,785Net Income 2014: $7,9142014Revenue 2015: $24,046Expenses 2015: $23,708Net Income 2015: $3382015Revenue 2016: $55,903Expenses 2016: $52,017Net Income 2016: $3,8862016Revenue 2017: $74,535Expenses 2017: $76,894Net Income 2017: -$2,3592017Revenue 2018: $62,216Expenses 2018: $43,537Net Income 2018: $18,6792018Revenue 2023: $11,407Expenses 2023: $12,804Net Income 2023: -$1,3972023Revenue 2024: $8,469Expenses 2024: $34,589Net Income 2024: -$26,1202024

Highlighted filing

2023

Revenue$11,407
Expenses$12,804
Net Income-$1,397
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$19,299
Mission and Program Overview

Mission

To create, maintain and increase an endowment fund for the Westerly Public School District.

Program Services

DescriptionGrantsExpenses
To create, maintain and increase an endowment fund as a source of supplemental education funds for Westerly Public School students. To award grants to students, teachers, administrators, staff, parents or schools that are members of the Town of Westerly Public School District for any project enhancing the educational experience.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Deborah VentrescaTrustee-$0--
Patrick ConnellyTrustee-$0--
Amy DePerryTrustee-$0--
Mary Sue FrishmanTrustee-$0--
Dr Mark GarceauTrustee-$0--
Megan HerlihyTrustee-$0--
Ide KoulbanisTrustee-$0--
Jean LarsonTrustee-$0--
Susan LjungbergTrustee-$0--
Erica ReidTrustee-$0--
Stephen WhitePresident-$0--
Christian LundVice President-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Tournament----
Filing and Contact Details

Filer

Filer Name
Westerly Education Endowment Fund Inc
EIN
20-1963637
Phone
4018297494
Address
PO Box 1219, Westerly, RI 02891

Signing Officer

Name
Ernest Muccio
Title
Treasurer
Phone
4018297494
Signed
2024-11-15
Discuss with paid preparer
Yes

Preparer

Firm
Pucci Greene & Fusaro LLC
Address
110 Airport Road, Westerly, RI 02891
Preparer
Christopher M Fusaro CPA
Phone
4015961926
Supplemental Narrative

Additional Explanations

Form 990-EZ, Part I, Line 16 - Other Expenses

Description: Teacher Awards. Amount: 4,800.

Raw XML Appendix190 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/PhoneNum04013481473
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0PO Box 1219
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Westerly
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0RI
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd002891
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Mary Sue Frishman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Dr Mark Garceau
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Megan Herlihy
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Jean Larson
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Susan Ljungberg
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Trustee
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Trustee
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Trustee
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt10President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt11Vice President
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt04800
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0To create, maintain and increase an endowment fund for the Westerly Public School District.
IRS990EZ/PrintingPublicationsPostageAmt02737
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0To create, maintain and increase an endowment fund as a source of supplemental education funds for Westerly Public School students. To award grants to students, teachers, administrators, staff, parents or schools that are members of the Town of Westerly Public School District for any project enhancing the educational experience.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990ScheduleA/PublicOrganization170Ind0X
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IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt03649
IRS990ScheduleA/TotalSupportAmt03649
IRS990ScheduleG/EmailSolicitationsInd0X
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0Golf Tournament
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/MailSolicitationsInd0X
IRS990ScheduleG/MemberOfOtherEntityInd01
IRS990ScheduleG/PhoneSolicitationsInd0X
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Description: Teacher Awards. Amount: 4,800.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16 - Other Expenses
TransferPrsnlBnftContractsDecl/DeclarationDesc0The 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/BuildTS02024-10-15 13:58:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Ernest Muccio
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Treasurer
ReturnHeader/BusinessOfficerGrp/PhoneNum04018297494
ReturnHeader/BusinessOfficerGrp/SignatureDt02024-11-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Westerly Education Endowment Fund Inc
ReturnHeader/Filer/BusinessNameControlTxt0WEST
ReturnHeader/Filer/EIN0201963637
ReturnHeader/Filer/PhoneNum04018297494
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO Box 1219
ReturnHeader/Filer/USAddress/CityNm0Westerly
ReturnHeader/Filer/USAddress/StateAbbreviationCd0RI
ReturnHeader/Filer/USAddress/ZIPCd002891
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0472076095
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Pucci Greene & Fusaro LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0110 Airport Road
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Westerly
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002891
ReturnHeader/PreparerPersonGrp/PhoneNum04015961926
ReturnHeader/PreparerPersonGrp/PreparationDt02024-11-14
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Christopher M Fusaro CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02024-11-15T09:34:53-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02023-01-01
ReturnHeader/TaxPeriodEndDt02023-12-31
ReturnHeader/TaxYr02023

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No mirrored PDF or thumbnail assets are attached yet.

Filings