Civic Intelligence

Robert J Nolan Foundation Inc.

990PF • Fiscal year 2019 • EIN 22-2826285

Oct 01, 2018 to Sep 30, 2019 • Filed on Dec 05, 2019

Organization Profile
82 Glenwood AvenueQueensbury, NY 12804

(518) 792-4900

Siviq Scores

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

Liabilities / Assets

40th percentile

0.00x

Higher debt load relative to assets than 40% of similar nonprofits.

2019 filings • $500k-$1M nonprofits • Source year 2019

Liabilities / Revenue

49th percentile

0.01x

Higher debt load relative to revenue than 49% of similar nonprofits.

2019 filings • $500k-$1M nonprofits • Source year 2019

Net Margin

4th percentile

-166%

Higher net margin than 4% of similar nonprofits.

2019 filings • $500k-$1M nonprofits • Source year 2019

Top Officer Pay

55th percentile

$0

Higher top officer pay than 55% of similar nonprofits.

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

2019 filings • $500k-$1M nonprofits • Source year 2019

Asset Growth

21st percentile

-5.5%

Faster asset growth than 21% of similar nonprofits.

2019 filings • $500k-$1M nonprofits • Annualized from 2018 to 2019

Revenue Growth

2nd percentile

-80%

Faster revenue growth than 2% of similar nonprofits.

2019 filings • $500k-$1M nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets40th percentile

Assets

Down

$808,169

Down $47,006 (-5.5%) from 2018

Net Assets

Down

$807,887

Down $47,087 (-5.5%) from 2018

Liabilities

Up

$282

Up $81 (+40%) from 2018

Revenue And Expenses
Liabilities / Revenue49th percentileNet Margin4th percentile

Revenue

Down

$28,425

Down $116,357 (-80%) from 2018

Expenses

Up

$75,512

Up $34,661 (+85%) from 2018

Net Income

Down

-$47,087

Down $151,018 (-145%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth21st percentile

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

$3.0M$2.0M$1.0M$0Assets 2011: $731,583Liabilities 2011: $7502011Assets 2012: $707,225Liabilities 2012: $4072012Assets 2013: $694,184Liabilities 2013: $02013Assets 2014: $714,067Liabilities 2014: $4412014Assets 2015: $809,121Liabilities 2015: $802015Assets 2016: $766,866Liabilities 2016: $40Net Assets 2016: $766,8262016Assets 2017: $751,164Liabilities 2017: $121Net Assets 2017: $751,0432017Assets 2018: $855,175Liabilities 2018: $201Net Assets 2018: $854,9742018Assets 2019: $808,169Liabilities 2019: $282Net Assets 2019: $807,8872019Assets 2020: $1,742,036Liabilities 2020: $762Net Assets 2020: $1,741,2742020Assets 2021: $2,040,314Liabilities 2021: $1,185Net Assets 2021: $2,039,1292021Assets 2022: $1,987,749Liabilities 2022: $886Net Assets 2022: $1,986,8632022Assets 2023: $1,910,571Liabilities 2023: $0Net Assets 2023: $1,910,5712023Assets 2024: $1,819,575Liabilities 2024: $0Net Assets 2024: $1,819,5752024Assets 2025: $1,739,730Liabilities 2025: $0Net Assets 2025: $1,739,7302025

Highlighted filing

2019

Assets$808,169
Liabilities$282
Net Assets$807,887
Open 2019 Filing

Operations Trend

Revenue Growth2nd percentile

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

$1.0M$500K$0-$500KRevenue 2011: $60,937Expenses 2011: $68,138Net Income 2011: -$7,2012011Revenue 2012: $34,555Expenses 2012: $58,570Net Income 2012: -$24,0152012Revenue 2013: $40,124Expenses 2013: $52,758Net Income 2013: -$12,6342013Revenue 2014: $75,138Expenses 2014: $55,696Net Income 2014: $19,4422014Revenue 2015: $139,731Expenses 2015: $44,316Net Income 2015: $95,4152015Revenue 2016: $22,264Expenses 2016: $64,479Net Income 2016: -$42,2152016Revenue 2017: $26,905Expenses 2017: $42,688Net Income 2017: -$15,7832017Revenue 2018: $144,782Expenses 2018: $40,851Net Income 2018: $103,9312018Revenue 2019: $28,425Expenses 2019: $75,512Net Income 2019: -$47,0872019Revenue 2020: $992,337Expenses 2020: $58,950Net Income 2020: $933,3872020Revenue 2021: $380,558Expenses 2021: $82,703Net Income 2021: $297,8552021Revenue 2022: $57,596Expenses 2022: $109,862Net Income 2022: -$52,2662022Revenue 2023: $49,857Expenses 2023: $126,149Net Income 2023: -$76,2922023Revenue 2024: $39,070Expenses 2024: $130,066Net Income 2024: -$90,9962024Revenue 2025: $47,417Expenses 2025: $127,262Net Income 2025: -$79,8452025

Highlighted filing

2019

Revenue$28,425
Expenses$75,512
Net Income-$47,087
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2018 to Sep 30, 2019
Signed
Dec 5, 2019
Return Version
2018v3.1
Compensation and Service Providers
Top Officer Pay55th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL BORGOSPresident-$0--
KEVIN MAHONEYSecretary-$0--
DAVE MORNHINWEGVice Preside-$0--
KATE HOGANDirector-$0--
JOHN C MANNIX JRTreasurer-$0--
RICHARD MEATHDirector-$0--
LISA BUSHMANAdminist. Se-$0--
Filing and Contact Details

Filer

Filer Name
Robert J Nolan Foundation Inc
EIN
22-2826285
Phone
5187924900
Address
82 GLENWOOD AVENUE, QUEENSBURY, NY 12804

Signing Officer

Name
Michael Borgos
Title
President
Phone
5187924900
Signed
2019-12-05
Discuss with paid preparer
Yes

Preparer

Firm
SEFCO CPA'S LLP
Address
16 PINE ST, GLENS FALLS, NY 12801-3444
Preparer
Brian S Flint CPA
Phone
5187937783
Raw XML AppendixShowing 400 of 518 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.

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IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc9INVESCO OPPENHEIMER OPP R6
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc10INVESCO OPPENHEIMER OPP R6
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IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt0THE ROBERT J. NOLAN FOUNDATION, INC. WAS FORMED ON
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt1DECEMBER 18, 1986 FOR THE PURPOSE OF DISBURSING
IRS990PF/RlnOfActyToAccomOfExmptPrpsGrp/RlnOfActyToAccomOfExmptPrpsGrp/RelationshipStatementTxt2EDUCATIONAL ASSISTANCE TO GRADUATE AND UNDERGRADUATE STUDENTS FROM THE GREATER GLENS FALLS AREA. THE RECIPIENTS MUST BE QUALIFIED IN THE FOLLOWING AREAS: EDUCATIONAL ACHIEVEMENT; PARTICIPATION IN HIGH SCHOOL VARSITY TEAMS; EXTRA-CURRICULAR SCHOOL-RELATED ACTIVITIES; RELIGIOUS ORGANIZATION PARTICIPATION AND FINANCIAL NEED. ROBERT J. NOLAN MADE A GIFT OF STOCK IN A NEW YORK CORPORATION, COLONIAL CABLEVISION, INC., WHICH STOCK WAS VALUED AT AND WAS SOLD FOR 1,000,000.00. NO OTHER FINANCIAL SUPPORT FOR THE FOUNDATION EXISTS.
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IRS990PF/StatementsRegardingActyGrp/IndividualWithBooksNm0MICHAEL BORGOS
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/CityNm0QUEENSBURY
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IRS990PF/StatementsRegardingActyGrp/LocationOfBooksUSAddress/ZIPCd012804
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IRS990PF/StatementsRegardingActyGrp/WebsiteAddressTxt0RJNOLANFOUNDATION.ORG
IRS990PF/SumOfProgramRelatedInvstGrp/Description1Txt0N/A
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/FormAndInfoAndMaterialsTxt0EACH STUDENT WILL SUBMIT AN APPLICATION FOR CONSIDERATION. THE APPLICATION REQUESTS INFORMATION ON THE FOLLOWING AREAS: 1.EDUCATIONAL ACHIEVEMENT; 2. PARTICIPATION IN HIGH SCHOOL VARSITY ATHLETIC TEAMS; 3. EXTRACURRICULAR SCHOOL-RELATED ACTIVITIES; 4. CIVIC ACTIVITIES; 5. RELIGIOUS ORGANIZATION PARTICIPATION AND 6. FINANCIAL NEED. THE DIRECTORS WOULD USE THE INFORMATION FROM THE APPLICATION TO SELECT RECIPIENTS.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPersonNm0THE ROBERT J NOLAN FOUNDATION INC
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientPhoneNum05187924900
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/AddressLine1Txt0MICHAEL BORGOS 82 GLENWOOD AVENUE
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/CityNm0QUEENSBURY
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/StateAbbreviationCd0NY
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RecipientUSAddress/ZIPCd012804
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/RestrictionsOnAwardsTxt0THE ROBERT J NOLAN FOUNDATION, INC. WILL AWARD SCHOLARSHIPS TO INDIVIDUALS ATTENDING SECONDARY SCHOOLS WHO ARE FROM THE GREATER GLENS FALLS AREA. SCHOLARSHIPS ARE AWARDED TO THE WELL-BALANCED STUDENT WITH A SPECIAL EMPHASIS ON PARTICIPATION IN VARSITY ATHLETIC TEAMS AND THE EXPRESSED INTENTION OF PARTICIPATION IN ORGANIZED ATHLETIC TEAMS AND ENDEAVORS AT THE UNDERGRADUATE AND/OR GRADUATE LEVEL.
IRS990PF/SupplementaryInformationGrp/ApplicationSubmissionInfoGrp/SubmissionDeadlinesTxt0ALL APPLICATIONS ARE DUE BY MAY 15, 2019. THE FOUNDATION WILL PUBLICIZE THE EXISTENCE OF THE SCHOLAR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt07500
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IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/Amt97500
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt0SCHOLARSHIP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt1SCHOLARSHIP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt2SCHOLARSHIP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt3SCHOLARSHIP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt4SCHOLARSHIP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt5SCHOLARSHIP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt6SCHOLARSHIP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt7SCHOLARSHIP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt8SCHOLARSHIP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/GrantOrContributionPurposeTxt9SCHOLARSHIP
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm0HAYLEY BREEYEAR
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm1MIA COTE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm2STEPHEN ACKERMAN
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm3HANNAH MAGER
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm4AARON MESSINA
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm5LAUREN HAUSER
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm6CODY YORK
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm7BRIAN BEYERBACH
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm8MACKENZIE COLLIER
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientPersonNm9BRANDON BONDY
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt0NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt1NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt2NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt3NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt4NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt5NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt6NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt7NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt8NONE
IRS990PF/SupplementaryInformationGrp/GrantOrContributionPdDurYrGrp/RecipientRelationshipTxt9NONE

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$808,169
Liabilities
$282
Net assets
$807,887
Revenue
$28,425
Expenses
$75,512
Net income
-$47,087
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$1.74$0.00$1.74$0.05$0.13$0.08
2024Detailed filing. Detailed filing data is available for this year.$1.82$0.00$1.82$0.04$0.13$0.09
2023Detailed filing. Detailed filing data is available for this year.$1.91$0.00$1.91$0.05$0.13$0.08
2022Detailed filing. Detailed filing data is available for this year.$1.99$0.00$1.99$0.06$0.11$0.05
2021Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$0.38$0.08$0.30
2020Detailed filing. Detailed filing data is available for this year.$1.74$0.00$1.74$0.99$0.06$0.93
2019Detailed filing. Detailed filing data is available for this year.$0.81$0.00$0.81$0.03$0.08$0.05
2018Detailed filing. Detailed filing data is available for this year.$0.86$0.00$0.85$0.14$0.04$0.10
2017Detailed filing. Detailed filing data is available for this year.$0.75$0.00$0.75$0.03$0.04$0.02
2016Detailed filing. Detailed filing data is available for this year.$0.77$0.00$0.77$0.02$0.06$0.04
2015Summary only. Only limited summary data is available for this year.$0.81$0.00$0.14$0.04$0.10
2014Summary only. Only limited summary data is available for this year.$0.71$0.00$0.08$0.06$0.02
2013Summary only. Only limited summary data is available for this year.$0.69$0.00$0.04$0.05$0.01
2012Summary only. Only limited summary data is available for this year.$0.71$0.00$0.03$0.06$0.02
2011Summary only. Only limited summary data is available for this year.$0.73$0.00$0.06$0.07$0.01