Civic Intelligence

Peter Tmilano Scholarship Fund Inc

EIN 22-3844186 • 501(c)3 • Palm Coast, FL

Profile

To pay tribute in memory of peter t. Milano through distribution of educational scholarships to students in the middletown new jersey area

38 Ocean Ridge Blvd SouthPalm Coast, FL 32137

www.petermilano.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on the latest valid filing.

Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

13th percentile

-61%

Higher net margin than 13% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

50th percentile

-1.7%

Faster asset growth than 50% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

22nd percentile

-40%

Faster revenue growth than 22% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$91,937

Down $1,634 (-1.7%) from 2023

Liabilities

-

No earlier filing loaded for comparison.

Net Assets

$91,937

No earlier filing loaded for comparison.

Operations
Liabilities / RevenueScore unavailableNet Margin13th percentile

Revenue

Down

$2,699

Down $1,776 (-40%) from 2023

Expenses

Down

$4,333

Down $4,640 (-52%) from 2023

Net Income

Up

-$1,634

Up $2,864 (+64%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth50th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$150K$100K$50K$0Assets 2011: $146,756Liabilities 2011: $02011Assets 2012: $139,360Liabilities 2012: $02012Assets 2013: $132,162Net Assets 2013: $132,1622013Assets 2014: $121,892Net Assets 2014: $121,8922014Assets 2015: $107,835Liabilities 2015: $02015Assets 2016: $100,682Net Assets 2016: $100,6822016Assets 2017: $98,424Net Assets 2017: $98,4242017Assets 2018: $106,099Net Assets 2018: $106,0992018Assets 2019: $92,730Liabilities 2019: $02019Assets 2020: $96,077Net Assets 2020: $96,0772020Assets 2021: $107,387Net Assets 2021: $107,3872021Assets 2022: $98,069Net Assets 2022: $98,0692022Assets 2023: $93,571Liabilities 2023: $02023Assets 2024: $91,937Net Assets 2024: $91,9372024

Highlighted filing

2024

Assets$91,937
Liabilities-
Net Assets$91,937
Open 2024 Filing

Operations Trend

Revenue Growth22nd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$40K$20K$0-$20KRevenue 2011: $32,738Expenses 2011: $16,119Net Income 2011: $16,6192011Revenue 2012: $8,832Expenses 2012: $16,228Net Income 2012: -$7,3962012Revenue 2013: $8,863Expenses 2013: $16,061Net Income 2013: -$7,1982013Revenue 2014: $6,407Expenses 2014: $16,677Net Income 2014: -$10,2702014Revenue 2015: $10,998Expenses 2015: $25,055Net Income 2015: -$14,0572015Revenue 2016: $9,799Expenses 2016: $16,952Net Income 2016: -$7,1532016Revenue 2017: $15,859Expenses 2017: $18,117Net Income 2017: -$2,2582017Revenue 2018: $24,070Expenses 2018: $16,395Net Income 2018: $7,6752018Revenue 2019: $15,263Expenses 2019: $12,612Net Income 2019: $2,6512019Revenue 2020: $17,147Expenses 2020: $13,800Net Income 2020: $3,3472020Revenue 2021: $26,757Expenses 2021: $15,447Net Income 2021: $11,3102021Revenue 2022: $4,080Expenses 2022: $13,398Net Income 2022: -$9,3182022Revenue 2023: $4,475Expenses 2023: $8,973Net Income 2023: -$4,4982023Revenue 2024: $2,699Expenses 2024: $4,333Net Income 2024: -$1,6342024

Highlighted filing

2024

Revenue$2,699
Expenses$4,333
Net Income-$1,634
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$91,937
Liabilities
-
Net assets
$91,937
Revenue
$2,699
Expenses
$4,333
Net income
-$1,634
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.92$0.92$0.03$0.04$0.02
2023Summary only. Only limited summary data is available for this year.$0.94$0.00$0.04$0.09$0.04
2022Detailed filing. Detailed filing data is available for this year.$0.98$0.98$0.04$0.13$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.07$1.07$0.27$0.15$0.11
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.96$0.96$0.17$0.14$0.03
2019Summary only. Only limited summary data is available for this year.$0.93$0.00$0.15$0.13$0.03
2018Detailed filing. Detailed filing data is available for this year.$1.06$1.06$0.24$0.16$0.08
2017Detailed filing. Detailed filing data is available for this year.$0.98$0.98$0.16$0.18$0.02
2016Detailed filing. Detailed filing data is available for this year.$1.01$1.01$0.10$0.17$0.07
2015Summary only. Only limited summary data is available for this year.$1.08$0.00$0.11$0.25$0.14
2014Detailed filing. Detailed filing data is available for this year.$1.22$1.22$0.06$0.17$0.10
2013Detailed filing. Detailed filing data is available for this year.$1.32$1.32$0.09$0.16$0.07
2012Summary only. Only limited summary data is available for this year.$1.39$0.00$0.09$0.16$0.07
2011Summary only. Only limited summary data is available for this year.$1.47$0.00$0.33$0.16$0.17
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 13, 2025
Return Version
2024v5.2
Gross Receipts
$17,952
Mission and Program Overview

Mission

To pay tribute in memory of peter t. Milano through distribution of educational scholarships to students in the middletown new jersey area

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS ARE PROVIDED TO DESERVING STUDENTS AT THE HIGH SCHOOL AND COLLEGE LEVEL.$3,000$3,000
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICIA MILANODirector-$0--
DECLAN CASSIDYTrustee-$0--
DANNY A DESIMONETreasurer-$0--
DOROTHY HOLLYTrustee-$0--
JOHN HOLLYTrustee-$0--
KATHLEEN SIDOTITrustee-$0--
JOHN C SILANOPresident-$0--
Filing and Contact Details

Filer

Filer Name
Peter Tmilano Scholarship Fund Inc
EIN
22-3844186
Phone
9737776200
Address
38 OCEAN RIDGE BLVD SOUTH, PALM COAST, FL 32137

Signing Officer

Name
Danny Desimone
Title
Treasurer
Phone
9737776200
Signed
2025-05-13
Discuss with paid preparer
Yes

Preparer

Firm
Nicholas Ricci CPA
Address
41 NOTRE DAME LN, UTICA, NY 13502
Preparer
Nicholas Ricci
Phone
3157929508
Supplemental Narrative

Additional Explanations

Form 990EZ, Part I, Line 10

“Charitable gifts; education; christian brothers academy: 850 newman sprimgs rd, lindroft, nj, 07738; none, 3000.”

Form 990EZ, Part I, Line 16

“POSTAGE 175.”

Form 990EZ, Part I, Line 16

“SUPPLIES 78.”

Form 990EZ, Part I, Line 16

“ACCOUNTING 900.”

Form 990EZ, Part I, Line 16

“BANK CHARGES 180.”

Form 990EZ, Part II, Line 24

“DEPOSITS 1000. 1000.”

Raw XML Appendix175 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/PersonNm0DANNY DESIMONE
IRS990EZ/BooksInCareOfDetail/PhoneNum02159625756
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0375 SHADE TREE COURT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0YARDLEY
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd019067
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt092571
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt090937
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt015253
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-1634
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt093571
IRS990EZ/Form990TotalAssetsGrp/EOYAmt091937
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt0-1718
IRS990EZ/GrantsAndSimilarAmountsPaidAmt03000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt017952
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/InfoInScheduleOPartIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt04417
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt093571
IRS990EZ/NetAssetsOrFundBalancesEOYAmt091937
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt093571
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt091937
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt22.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PATRICIA MILANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1DECLAN CASSIDY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2DANNY A DESIMONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3DOROTHY HOLLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4JOHN HOLLY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5KATHLEEN SIDOTI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JOHN C SILANO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6PRESIDENT
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt01000
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01000
IRS990EZ/OtherExpensesTotalAmt01333
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PAY TRIBUTE IN MEMORY OF PETER T. MILANO THROUGH DISTRIBUTION OF EDUCATIONAL SCHOLARSHIPS TO STUDENTS IN THE MIDDLETOWN NEW JERSEY AREA
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIPS ARE PROVIDED TO DESERVING STUDENTS AT THE HIGH SCHOOL AND COLLEGE LEVEL.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt03000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt03000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SaleOfAssetsGrossAmt013535
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt04333
IRS990EZ/TotalProgramServiceExpensesAmt03000
IRS990EZ/TotalRevenueAmt02699
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.PETERMILANO.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01350
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01350
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct01.00000
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt01350
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01350
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01350
IRS990ScheduleA/TotalSupportAmt01350
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHARITABLE GIFTS; EDUCATION; CHRISTIAN BROTHERS ACADEMY: 850 NEWMAN SPRIMGS RD, LINDROFT, NJ, 07738; NONE, 3000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1POSTAGE 175.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2SUPPLIES 78.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ACCOUNTING 900.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BANK CHARGES 180.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5DEPOSITS 1000. 1000.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990EZ, Part I, Line 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990EZ, Part I, Line 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990EZ, Part II, Line 24
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DANNY DESIMONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum09737776200
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0PETER TMILANO SCHOLARSHIP FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0PETE
ReturnHeader/Filer/EIN0223844186
ReturnHeader/Filer/PhoneNum09737776200
ReturnHeader/Filer/USAddress/AddressLine1Txt038 OCEAN RIDGE BLVD SOUTH
ReturnHeader/Filer/USAddress/CityNm0PALM COAST
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd032137
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0161428612
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NICHOLAS RICCI CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt041 NOTRE DAME LN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0UTICA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd013502
ReturnHeader/PreparerPersonGrp/PhoneNum03157929508
ReturnHeader/PreparerPersonGrp/PreparationDt02025-11-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0NICHOLAS RICCI
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02025-11-11T08:47:25-08:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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