Liabilities / Assets
88th percentile
Higher debt load relative to assets than 88% of similar nonprofits.
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
0.11x
Liabilities / Revenue
82nd percentile
Higher debt load relative to revenue than 82% of similar nonprofits.
Net Margin
69th percentile
Higher net margin than 69% of similar nonprofits.
Top Officer Pay
92nd percentile
Higher top officer pay than 92% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
70th percentile
Faster asset growth than 70% of similar nonprofits.
Revenue Growth
74th percentile
Faster revenue growth than 74% of similar nonprofits.
Balance Sheet
Assets
Up$6,674
Up $786 (+13%) from 2012
Net Assets
$5,963
No earlier filing loaded for comparison.
Liabilities
Down$711
Down $14,803 (-95%) from 2012
Revenue And Expenses
Revenue
Up$56,745
Up $12,468 (+28%) from 2012
Expenses
Up$41,156
Up $1,818 (+4.6%) from 2012
Net Income
Up$15,589
Up $10,650 (+216%) from 2012
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2013 to Dec 31, 2013
- Signed
- May 12, 2014
- Return Version
- 2013v3.1
- Gross Receipts
- $56,745
Mission and Program Overview
Mission
Fosters educational and intellectual advancement through a scholarship fund for deserving students. Promotes social responsibility through athlectics.
Fosters educational and intellectual advancement through a scholarship fund for deserving students. Promotes social responsibility through athletics.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Fosters educational and intellectual advancement through a scholarship fund for deserving students. Promotes social responsibility through athletics. | $32,156 | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| STEPHEN WEBB | President | PT | $0 | - | - |
| TERESA SELLITTI-WEBB | Vice President | PT | $0 | - | - |
| RALPH SELLITTI | Treasurer | PT | $0 | - | - |
Filing and Contact Details
Filer
- EIN
- 20-8982966
- Phone
- 8662069168
Signing Officer
- Name
- Stephen Webb
- Title
- President
- Signed
- 2014-05-12
- Discuss with paid preparer
- Yes
Preparer
- Preparer
- John B Caliendo CPA
- Phone
- 6312343329
Supplemental Narrative
Additional Explanations
Other Expenses.1
“Program development $26900”
Other Expenses.2
“SCHOLARSHIPS $5000”
Other Expenses.3
“INTEREST EXPENSE $2510”
Other Expenses.4
“ACCOUNTING $1500”
Other Expenses.5
“INSURANCE $1343”
Other Expenses.6
“Dues & subscriptions $1224”
Other Expenses.7
“OFFICE SUPPLIES $835”
Other Expenses.8
“TELEPHONE $676”
Other Expenses.9
“PROMOTIONAL $256”
Other Expenses.10
“TRAVEL $230”
Other Expenses.11
“ADVERTISING $211”
Other Expenses.12
“POSTAGE $176”
Other Expenses.13
“TRAVEL MEALS $117”
Other Expenses.14
“MEALS $88”
Other Expenses.15
“TAXES $70”
Other Expenses.16
“CONTRIBUTIONS $20”
Total Liabilities.1
“Payroll Taxes - Beginning $15514 Payroll Taxes - Ending $0”
Raw XML Appendix166 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 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | STEPHEN WEBB |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5166509177 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1 | 0 | 27 BARBERRY LANE |
| IRS990EZ/BooksInCareOfDetail/USAddress/City | 0 | CENTER MORICHES |
| IRS990EZ/BooksInCareOfDetail/USAddress/State | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCode | 0 | 11934 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 5888 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 6674 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 56717 |
| IRS990EZ/CostOfGoodsSoldAmt | 0 | 0 |
| IRS990EZ/CostOrOtherBasisExpenseSaleAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 15589 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form720FiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 5888 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 6674 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 0 |
| IRS990EZ/GrossReceiptsAmt | 0 | 56745 |
| IRS990EZ/GrossReceiptsForPublicUseAmt | 0 | 0 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/InitiationFeesAndCapContriAmt | 0 | 0 |
| IRS990EZ/InvestmentIncomeAmt | 0 | 28 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -9626 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 5963 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -9626 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 5963 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 8.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 8.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 8.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | STEPHEN WEBB |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | TERESA SELLITTI-WEBB |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | RALPH SELLITTI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Vice President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Treasurer |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationFiled990TInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 41156 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | Fosters educational and intellectual advancement through a scholarship fund for deserving students. Promotes social responsibility through athletics. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Fosters educational and intellectual advancement through a scholarship fund for deserving students. Promotes social responsibility through athletics. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 32156 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/RelatedOrgSect527OrgInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 0 |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 15514 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 711 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 41156 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 32156 |
| IRS990EZ/TotalRevenueAmt | 0 | 56745 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.W2FOUNDATION.ORG |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 56717 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 44273 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 67579 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 168569 |
| IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/InvestmentIncomeCYPct | 0 | 0.00000 |
| IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/OtherIncome509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Post1975UBTIGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY509Pct | 0 | 0.00000 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 168569 |
| IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt | 0 | 0 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 56717 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 44273 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 67579 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 168569 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 56717 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 44273 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 67579 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 168569 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PROGRAM DEVELOPMENT $26900 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | SCHOLARSHIPS $5000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | INTEREST EXPENSE $2510 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | ACCOUNTING $1500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | INSURANCE $1343 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | DUES & SUBSCRIPTIONS $1224 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | OFFICE SUPPLIES $835 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | TELEPHONE $676 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 8 | PROMOTIONAL $256 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 9 | TRAVEL $230 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 10 | ADVERTISING $211 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 11 | POSTAGE $176 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 12 | TRAVEL MEALS $117 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 13 | MEALS $88 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 14 | TAXES $70 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 15 | CONTRIBUTIONS $20 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 16 | Payroll Taxes - Beginning $15514 Payroll Taxes - Ending $0 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Other Expenses.1 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Other Expenses.2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Other Expenses.3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Other Expenses.4 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Other Expenses.5 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Other Expenses.6 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Other Expenses.7 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | Other Expenses.8 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 8 | Other Expenses.9 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 9 | Other Expenses.10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 10 | Other Expenses.11 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 11 | Other Expenses.12 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 12 | Other Expenses.13 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 13 | Other Expenses.14 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 14 | Other Expenses.15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 15 | Other Expenses.16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 16 | Total Liabilities.1 |
| ReturnHeader/BuildTS | 0 | 2015-11-30 17:44:51Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | true |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | STEPHEN WEBB |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2014-05-12 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1 | 0 | W20 FOUNDATION |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | W20F |
| ReturnHeader/Filer/EIN | 0 | 208982966 |
| ReturnHeader/Filer/PhoneNum | 0 | 8662069168 |
| ReturnHeader/Filer/USAddress/AddressLine1 | 0 | PO BOX 310 |
| ReturnHeader/Filer/USAddress/City | 0 | WESTHAMPTON |
| ReturnHeader/Filer/USAddress/State | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCode | 0 | 11978 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1 | 0 | John Bentley Caliendo CPA PC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1 | 0 | 1377 Motor Pkwy Ste LL2 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City | 0 | Hauppauge |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode | 0 | 11749 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6312343329 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | John B Caliendo CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2014-05-12T11:07:10-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2013-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2013-12-31 |
| ReturnHeader/TaxYr | 0 | 2013 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2013 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $6,674
- Liabilities
- $711
- Net assets
- $5,963
- Revenue
- $56,745
- Expenses
- $41,156
- Net income
- $15,589