Civic Intelligence

Columbian Foundation

990 • Fiscal year 2022 • EIN 22-1989868

Jan 01, 2022 to Dec 31, 2022 • Filed on Nov 15, 2023

190 BoulevardPompton Plains, NJ 07444

(908) 306-4259

Siviq Scores

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

Liabilities / Assets

71st percentile

0.00x

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

2022 filings • NTEE T • $1M-$5M nonprofits • Source year 2022

Liabilities / Revenue

67th percentile

0.00x

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

2022 filings • NTEE T • $1M-$5M nonprofits • Source year 2022

Net Margin

30th percentile

-54%

Higher net margin than 30% of similar nonprofits.

2022 filings • NTEE T • $1M-$5M nonprofits • Source year 2022

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2022 filings • NTEE T • $1M-$5M nonprofits • Source year 2022

Asset Growth

15th percentile

-16%

Faster asset growth than 15% of similar nonprofits.

2022 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2021 to 2022

Revenue Growth

81st percentile

65%

Faster revenue growth than 81% of similar nonprofits.

2022 filings • NTEE T • $1M-$5M nonprofits • Annualized from 2021 to 2022

Assets

Down

$1,271,705

Down $246,659 (-16%) from 2021

Net Assets

Down

$1,271,705

Down $246,659 (-16%) from 2021

Liabilities

Flat

$0

Flat from 2021

Revenue

Up

$84,691

Up $33,324 (+65%) from 2021

Expenses

Up

$130,728

Up $63,380 (+94%) from 2021

Net Income

Down

-$46,037

Down $30,056 (-188%) from 2021

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

2022

Assets$1,271,705
Liabilities$0
Net Assets$1,271,705

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

2022

Revenue$84,691
Expenses$130,728
Net Income-$46,037
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 15, 2023
Return Version
2022v5.0
Gross Receipts
$258,765
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$1,455,005$1,244,914▼ $210,091
Savings and Temporary Cash Investments$62,159$25,592▼ $36,567
Prepaid Expenses and Deferred Charges$1,200$1,200→ $0
Total Assets$1,518,364$1,271,705▼ $246,659
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,518,364$1,271,705▼ $246,659
Total Net Assets Fund Balance$1,518,364$1,271,705▼ $246,659
Total Liabilities and Net Assets / Fund Balance$1,518,364$1,271,705▼ $246,659
Compensation and Service Providers

Board Members and Trustees

NameTitle
John CentanniChairman
Livio CioffiPresident
Anthony IaculloVice President
Mark R GuarinoSecretary
Raymond SalernoSergeant at Arm
Stephen JandoliSergeant at Arm
Anthony IusoTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$15,871
Program Service Revenue
$0
Investment Income
$68,610
Other Revenue
$210
Change in Net Assets
$-46,037
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$86,325
Other Expenses$44,403
Total Fundraising Expense$5,566
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$86,325--$86,325
Fees for Service Investment Mgmnt Fees-$12,890-$12,890
Fees for Services Accounting-$6,000-$6,000
All Other Expenses$2,002--$2,002
Insurance-$450$1,050$1,500
Office Expenses$1,060$22-$1,082
Other Expenses$38$513$251$289
Total Functional Expenses$105,144$20,018$5,566$130,728
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Rutgers Nj Medical SchoolNewark, NJ501c3Scholarship Assistance$50,000
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
Yes
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$108,798
Fundraising Gross Income$102,162
Gaming Gross Income$16,200
Gaming Direct Expenses$9,354
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Black Tie Event$43,529$43,529$12,152$31,377
Golf Outing$29,765$29,765$1,254$28,511
Total Events$102,162$102,162$108,798$-6,636
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
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, Section A, Line 6

The organization has members that obtain membership by paying their membership fees.

Form 990, Part VI, Section A, Line 7A

The organization has officers that are elected by members and one another to serve on the governing board.

Form 990, Part VI, Section B, Line 11B

Line 11b explanation - completed form 990 is reviewed by the officers and general membership attending its monthly regular meeting before filing.

Form 990, Part VI, Section C, Line 19

All documents are available to the public upon request

Filing and Contact Details

Filer

Filer Name
Columbian Foundation
EIN
22-1989868
Phone
9083064259
Address
190 BOULEVARD, POMPTON PLAINS, NJ 07444

Signing Officer

Name
Anthony Iuso
Title
Treasurer
Phone
9083064259
Signed
2023-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Anthony Iuso
Formed
1941
Legal Domicile
Nj
Voting Board Members
7
Independent Board Members
7
Employees
0
Volunteers
35

Preparer

Firm
Aprio Llp
Address
310 PASSAIC AVE, FAIRFIELD, NJ 07004
Preparer
Scott Hagaman
Phone
9738089500
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IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt022739
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt029304
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0117645
IRS990ScheduleA/InvestmentIncomeCYPct00.20030
IRS990ScheduleA/InvestmentIncomePYPct00.20650
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.79970
IRS990ScheduleA/PublicSupportPY509Pct00.79350
IRS990ScheduleA/PublicSupportTotal509Amt0469564
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0134233
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0125922
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt011744
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt078817
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0118848
IRS990ScheduleA/Total509Grp/TotalAmt0469564
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0157633
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0146831
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt033037
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0101556
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0148152
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0587209
IRS990/ScheduleBRequiredInd00
IRS990ScheduleG/CharitableDistributionRqrInd00
IRS990ScheduleG/CntrctWith3rdPrtyForGameRevInd00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt0108798
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentEvent1Amt02800
IRS990ScheduleG/FundraisingEventInformationGrp/EntertainmentTotalEventsAmt02800
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BLACK TIE EVENT
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent2Amt0444
IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt0444
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt043529
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt029765
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt028868
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0102162
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt043529
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt029765
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt028868
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt0102162
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt0-6636
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent1Amt02230
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesEvent2Amt02396
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesOtherEventsAmt0402
IRS990ScheduleG/FundraisingEventInformationGrp/NonCashPrizesTotalEventsAmt05028
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssOtherEventsAmt01681
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt015087
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt012152
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt01254
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt03
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt044962
IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent2Amt020250
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsOtherEventsAmt020227
IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt085439
IRS990ScheduleG/GamingInformationGrp/CashPrizesOtherGamingAmt09354
IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt09354
IRS990ScheduleG/GamingInformationGrp/DirectExpenseSummaryGamingAmt09354
IRS990ScheduleG/GamingInformationGrp/GrossRevenueOtherGamingAmt016200
IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt016200
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt06846
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd01
IRS990ScheduleG/GamingManagerBusinessName/BusinessNameLine1Txt0ANTHONY IUSO TREASURER
IRS990ScheduleG/GamingManagerIsDirectorOfcrInd0X
IRS990ScheduleG/GamingManagerServicesProvTxt0GENERAL OVERSIGHT AND DEPOSITS
IRS990ScheduleG/GamingOtherFacilityPct01.00000
IRS990ScheduleG/GamingWithNonmembersInd00
IRS990ScheduleG/IndividualWithBooksNm0ANTHONY IUSO TREASURER
IRS990ScheduleG/LicensedInd01
IRS990ScheduleG/LicenseSuspendedEtcInd00
IRS990ScheduleG/MemberOfOtherEntityInd00
IRS990ScheduleG/PersonsWithBooksUSAddress/AddressLine1Txt0262 MAIN ST STE 207
IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0LITTLE FALLS
IRS990ScheduleG/PersonsWithBooksUSAddress/StateAbbreviationCd0NJ
IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd007424
IRS990ScheduleG/StatesWhereGamingConductedCd0NJ
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt050000
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0SCHOLARSHIP ASSISTANCE
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0RUTGERS NJ MEDICAL SCHOOL
IRS990ScheduleI/RecipientTable/RecipientEIN0221775306
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0185 SOUTH ORANGE AVE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0NEWARK
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NJ
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd007101
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS MEMBERS THAT OBTAIN MEMBERSHIP BY PAYING THEIR MEMBERSHIP FEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS OFFICERS THAT ARE ELECTED BY MEMBERS AND ONE ANOTHER TO SERVE ON THE GOVERNING BOARD.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2LINE 11B EXPLANATION - COMPLETED FORM 990 IS REVIEWED BY THE OFFICERS AND GENERAL MEMBERSHIP ATTENDING ITS MONTHLY REGULAR MEETING BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0NJ
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01518364
IRS990/TotalAssetsEOYAmt01271705
IRS990/TotalAssetsGrp/BOYAmt01518364
IRS990/TotalAssetsGrp/EOYAmt01271705
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt015871
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt05566
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt020018
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0105144
IRS990/TotalFunctionalExpensesGrp/TotalAmt0130728
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01518364
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01271705
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0105144
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt068820
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt084691
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt035
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01518364

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