Civic Intelligence

Columbian Foundation

990 • Fiscal year 2019 • EIN 22-1989868

Jan 01, 2019 to Dec 31, 2019 • Filed on Oct 30, 2020

262 Main StLittle Falls, NJ 07424

(908) 306-4259

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.00x

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

2019 filings • NTEE T • $1M-$5M nonprofits • Source year 2019

Liabilities / Revenue

71st percentile

0.00x

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

2019 filings • NTEE T • $1M-$5M nonprofits • Source year 2019

Net Margin

42nd percentile

-8.4%

Higher net margin than 42% of similar nonprofits.

2019 filings • NTEE T • $1M-$5M nonprofits • Source year 2019

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2019 filings • NTEE T • $1M-$5M nonprofits • Source year 2019

Asset Growth

72nd percentile

9.6%

Faster asset growth than 72% of similar nonprofits.

2019 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2018 to 2019

Revenue Growth

37th percentile

-14%

Faster revenue growth than 37% of similar nonprofits.

2019 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2018 to 2019

Assets

Up

$1,298,240

Up $114,121 (+9.6%) from 2018

Net Assets

Up

$1,298,240

Up $114,121 (+9.6%) from 2018

Liabilities

Flat

$0

Flat from 2018

Revenue

Down

$98,835

Down $16,146 (-14%) from 2018

Expenses

Up

$107,160

Up $62,357 (+139%) from 2018

Net Income

Down

-$8,325

Down $78,503 (-112%) from 2018

Historical Trend

Balance Sheet Trend

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

$2.0M$1.5M$1.0M$500K$0Assets 2011: $829,469Liabilities 2011: $6,400Net Assets 2011: $823,0692011Assets 2012: $929,716Liabilities 2012: $1,585Net Assets 2012: $928,1312012Assets 2013: $1,240,988Liabilities 2013: $8,300Net Assets 2013: $1,232,6882013Assets 2014: $1,224,011Liabilities 2014: $8,150Net Assets 2014: $1,215,8612014Assets 2015: $1,162,886Liabilities 2015: $0Net Assets 2015: $1,162,8862015Assets 2016: $0Net Assets 2016: $1,162,8862016Assets 2017: $1,281,369Liabilities 2017: $0Net Assets 2017: $1,281,3692017Assets 2018: $1,184,119Liabilities 2018: $0Net Assets 2018: $1,184,1192018Assets 2019: $1,298,240Liabilities 2019: $0Net Assets 2019: $1,298,2402019Assets 2020: $1,296,508Liabilities 2020: $0Net Assets 2020: $1,296,5082020Assets 2021: $1,518,364Liabilities 2021: $0Net Assets 2021: $1,518,3642021Assets 2022: $1,271,705Liabilities 2022: $0Net Assets 2022: $1,271,7052022Assets 2023: $1,416,574Liabilities 2023: $0Net Assets 2023: $1,416,5742023Assets 2024: $1,602,671Liabilities 2024: $0Net Assets 2024: $1,602,6712024

Highlighted filing

2019

Assets$1,298,240
Liabilities$0
Net Assets$1,298,240

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2011: $70,905Expenses 2011: $63,395Net Income 2011: $7,5102011Expenses 2012: $73,3052012Revenue 2013: $71,135Expenses 2013: $74,679Net Income 2013: -$3,5442013Revenue 2014: $83,374Expenses 2014: $75,488Net Income 2014: $7,8862014Revenue 2015: $86,993Expenses 2015: $82,256Net Income 2015: $4,7372015Revenue 2016: $02016Revenue 2017: $129,384Expenses 2017: $73,221Net Income 2017: $56,1632017Revenue 2018: $114,981Expenses 2018: $44,803Net Income 2018: $70,1782018Revenue 2019: $98,835Expenses 2019: $107,160Net Income 2019: -$8,3252019Revenue 2020: $42,600Expenses 2020: $77,420Net Income 2020: -$34,8202020Revenue 2021: $51,367Expenses 2021: $67,348Net Income 2021: -$15,9812021Revenue 2022: $84,691Expenses 2022: $130,728Net Income 2022: -$46,0372022Revenue 2023: $133,614Expenses 2023: $77,114Net Income 2023: $56,5002023Revenue 2024: $126,029Expenses 2024: $97,307Net Income 2024: $28,7222024

Highlighted filing

2019

Revenue$98,835
Expenses$107,160
Net Income-$8,325
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Oct 30, 2020
Return Version
2019v5.0
Gross Receipts
$306,725
Mission and Program Overview

Mission

Grants to schools, hospitals, civic and religious projects.

The organization is dedicated to improving the cultural, educational, and social welfare of new jersey citizens and institutions with emphasis on italian culture and heritage. This is accomplished primarily through fundraising to provide educational scholarship grants and other supporting grants to charities focusing on those needs.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,028,026$1,125,660▲ $97,634
Savings and Temporary Cash Investments$150,558$156,380▲ $5,822
Accounts Receivable-$15,000-
Prepaid Expenses and Deferred Charges$5,535$1,200▼ $4,335
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$1,184,119$1,298,240▲ $114,121
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,184,119$1,298,240▲ $114,121
Total Net Assets Fund Balance$1,184,119$1,298,240▲ $114,121
Total Liabilities and Net Assets / Fund Balance$1,184,119$1,298,240▲ $114,121
Compensation and Service Providers

Board Members and Trustees

NameTitle
Thomas CinqueChairman
John CentanniPresident
Michael V CalabroVice President
Charles DilorenzoSecretary
Anthony IusoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$6,200
Program Service Revenue
$0
Investment Income
$69,339
Other Revenue
$23,296
Change in Net Assets
$-8,325
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$54,363
Other Expenses$52,797
Total Fundraising Expense$17,178
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$54,363--$54,363
Fees for Service Investment Mgmnt Fees-$12,101-$12,101
Fees for Services Accounting-$3,500-$3,500
Office Expenses$1,000$580$1,579$3,159
Other Expenses$1,000$216$1,000$2,216
Insurance-$550$1,614$2,164
All Other Expenses$150$573$1,050$1,773
Total Functional Expenses$71,263$18,719$17,178$107,160
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$113,205
Fundraising Direct Expenses$98,159
Gaming Gross Income$16,500
Gaming Direct Expenses$8,250
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Awards Dinner$77,540$77,540$15,780$61,760
Golf Outing$21,050$21,050$4,800$16,250
Total Events$108,205$108,205$90,816$17,389
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Audit committee
Yes
Backup withholding compliance
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, Part VI, Line 11B: Form 990 Review Process

Completed form 990 is reviewed by the officers and general membership attending its monthly regular meeting before filing.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

All documents are available to the public upon request

Filing and Contact Details

Filer

Filer Name
Columbian Foundation
EIN
22-1989868
Phone
9083064259
Address
262 MAIN ST, LITTLE FALLS, NJ 07424

Signing Officer

Name
Anthony Iuso
Title
Treasurer
Signed
2020-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Iuso
Formed
1941
Legal Domicile
Nj
Voting Board Members
5
Independent Board Members
5
Employees
0
Volunteers
35

Preparer

Firm
Leaf Miele Manganelli Fortunato & Engel
Address
310 PASSAIC AVE, FAIRFIELD, NJ 07004-2530
Preparer
Scott Hagaman CPA
Phone
9738089500
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IRS990/SavingsAndTempCashInvstGrp/BOYAmt0150558
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0156380
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt016515
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt010683
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt017025
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt053723
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt022739
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt029304
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt018220
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt016414
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt013519
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0100196
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt062302
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0114348
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt091951
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0126382
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0124445
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0519428
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt022739
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt029304
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt018220
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt016414
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt013519
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0100196
IRS990ScheduleA/InvestmentIncomeCYPct00.14880
IRS990ScheduleA/InvestmentIncomePYPct00.12740
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.85120
IRS990ScheduleA/PublicSupportPY509Pct00.87260
IRS990ScheduleA/PublicSupportTotal509Amt0573151
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt078817
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0118848
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt096951
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0137065
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0141470
IRS990ScheduleA/Total509Grp/TotalAmt0573151
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0101556
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0148152
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0115171
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0153479
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0154989
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0673347
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/CharitableDistributionRqrInd0false
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt090816
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt06100
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt06100
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0AWARDS DINNER
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageOtherEventsAmt03612
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt03612
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt077540
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt021050
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt09615
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0108205
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt077540
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt021050
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt09615
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0108205
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt017389
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesOtherEventsAmt01528
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt01528
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt0491
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt021071
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt015780
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt04800
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt044630
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt013875
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt058505
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt08250
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt08250
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt08250
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt016500
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt016500
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt08250
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0true
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingPct01.00000
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
IRS990ScheduleG/GamingManagerIsDirectorOfcrInd0X
IRS990ScheduleG/GamingManagerPersonNm0ANTHONY IUSO TREASURER
IRS990ScheduleG/GamingManagerServicesProvTxt0GENERAL OVERSIGHT AND DEPOSITS
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd0false
IRS990ScheduleG/IndividualWithBooksNm0ANTHONY IUSO TREASURER
IRS990ScheduleG/InPersonSolicitationsInd0X
IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0262 MAIN ST STE 207
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0LITTLE FALLS
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0NJ
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd007424
IRS990ScheduleG/SpecialFundraisingEventsInd0X
IRS990ScheduleG/StatesWhereGamingConductedCd0NJ
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0COMPLETED FORM 990 IS REVIEWED BY THE OFFICERS AND GENERAL MEMBERSHIP ATTENDING ITS MONTHLY REGULAR MEETING BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt01184119
IRS990/TotalAssetsEOYAmt01298240
IRS990/TotalAssetsGrp/BOYAmt01184119
IRS990/TotalAssetsGrp/EOYAmt01298240

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.60$0.00$1.60$0.13$0.10$0.03
2023Detailed filing. Detailed filing data is available for this year.$1.42$0.00$1.42$0.13$0.08$0.06
2022Detailed filing. Detailed filing data is available for this year.$1.27$0.00$1.27$0.08$0.13$0.05
2021Detailed filing. Detailed filing data is available for this year.$1.52$0.00$1.52$0.05$0.07$0.02
2020Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.04$0.08$0.03
2019Detailed filing. Detailed filing data is available for this year.$1.30$0.00$1.30$0.10$0.11$0.01
2018Detailed filing. Detailed filing data is available for this year.$1.18$0.00$1.18$0.11$0.04$0.07
2017Detailed filing. Detailed filing data is available for this year.$1.28$0.00$1.28$0.13$0.07$0.06
2016Detailed filing. Detailed filing data is available for this year.$0.00$1.16$0.00
2015Detailed filing. Detailed filing data is available for this year.$1.16$0.00$1.16$0.09$0.08$0.00
2014Detailed filing. Detailed filing data is available for this year.$1.22$0.01$1.22$0.08$0.08$0.01
2013Detailed filing. Detailed filing data is available for this year.$1.24$0.01$1.23$0.07$0.07$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.93$0.00$0.93$0.07
2011Summary only. Only limited summary data is available for this year.$0.83$0.01$0.82$0.07$0.06$0.01