Blue and White Scholastic Foundation Inc.

990EZ • Fiscal year 2017 • EIN 23-3071576

Jan 01, 2017 to Dec 31, 2017 • Filed on Jul 31, 2018

Organization Profile N/A

PO Box 17Bangor, PA 18013

(610) 588-0378

Siviq Scores

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

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2017

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2017

-73%

Higher net margin than 6% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

Higher top officer pay than 76% of similar nonprofits.

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

2017 filings • 501(c)3 • <$500k nonprofits • Source year 2017

-27%

Faster asset growth than 16% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

7.8%

Faster revenue growth than 60% of similar nonprofits.

2017 filings • 501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet

Liabilities / AssetsScore unavailable

Assets

Down

$110,440

Down $41,799 (-27%) from 2016

Net Assets

Down

$110,440

Down $41,799 (-27%) from 2016

Liabilities

No earlier filing loaded for comparison.

Revenue And Expenses

Liabilities / RevenueScore unavailable Net Margin6th percentile

Revenue

$57,622

Up $4,178 (+7.8%) from 2016

Expenses

$99,421

Up $53,856 (+118%) from 2016

Net Income

Down

-$41,799

Down $49,678 (-631%) from 2016

Historical Trend

Balance Sheet Trend

Asset Growth16th percentile

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

Highlighted filing

2017

Assets$110,440

Liabilities-

Net Assets$110,440

Open 2017 Filing

Operations Trend

Revenue Growth60th percentile

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

Highlighted filing

2017

Revenue$57,622

Expenses$99,421

Net Income-$41,799

Open 2017 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2017 to Dec 31, 2017
Signed: Jul 31, 2018
Return Version: 2017v2.3
Gross Receipts: $57,622

Mission and Program Overview

Mission

The organization provides scholarshps, student financial aid services and academic awards to students attending the following schools: notre dame high school, east stroudsburg pa; ics elementary school, pen argyl pa

Program Services

Description	Grants	Expenses
THE ORGANIZATION PROVIDES SCHOLARSHPS, STUDENT FINANCIAL AID SERVICES AND ACADEMIC AWARDS TO STUDENTS ATTENDING THE FOLLOWING SCHOOLS: NOTRE DAME HIGH SCHOOL, EAST STROUDSBURG PA; ICS ELEMENTARY SCHOOL, PEN ARGYL PA	-	$72,000
THE ORGANIZATION PROVIDES SCHOLARSHPS, STUDENT FINANCIAL AID SERVICES AND ACADEMIC AWARDS TO STUDENTS ATTENDING THE FOLLOWING SCHOOLS: NOTRE DAME HIGH SCHOOL, EAST STROUDSBURG PA; ICS ELEMENTARY SCHOOL, PEN ARGYL PA	-	-

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
FRANK COMUNALE	President	-	$0	-	-
ANTHONY GIOVANNINI	Treasurer	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Blue and White Scholastic
EIN: 23-3071576
Phone: 6105880378
Address: PO BOX 17, BANGOR, PA 18013

Signing Officer

Name: Anthony Giovannini
Title: Treasurer
Phone: 6105880378
Signed: 2018-07-31
Discuss with paid preparer: Yes

Preparer

Firm: Regan Levin Bloss Brown & Savchak Pc
Address: 702 HAMILTON ST STE 200, ALLENTOWN, PA 18101
Preparer: Joel a Ronco CPA
Phone: 6104347700

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses state registration fees 100 postage 242 direct expenses 26,108 bank charges 471 scholarships 72,000 total 98,921”

Form 990-ez, Part III

“The organization provides scholarshps, student financial aid services and academic awards to students attending the following schools: notre dame high school, east stroudsburg pa; ics elementary school, pen argyl pa”

Form 990-ez, Part III, Line 31

“The organization provides scholarshps, student financial aid services and academic awards to students attending the following schools: notre dame high school, east stroudsburg pa; ics elementary school, pen argyl pa”

Raw XML Appendix147 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	ANTHONY GIOVANNINI
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	6105880378
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	111 EISENHOWER BLVD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	ROSETO
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	18013
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	152239
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	110440
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	false
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	57486
IRS990EZ/DonorAdvisedFndsInd	0	false
IRS990EZ/EngagedInExcessBenefitTransInd	0	false
IRS990EZ/ExcessOrDeficitForYearAmt	0	-41799
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	500
IRS990EZ/FiledScheduleAInd	0	true
IRS990EZ/ForeignFinancialAccountInd	0	false
IRS990EZ/ForeignOfficeInd	0	false
IRS990EZ/Form1120PolFiledInd	0	false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	152239
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	110440
IRS990EZ/GrossReceiptsAmt	0	57622
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InvestmentIncomeAmt	0	136
IRS990EZ/LobbyingActivitiesInd	0	false
IRS990EZ/MadeLoansToFromOfficersInd	0	false
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	152239
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	110440
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	152239
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	110440
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	FRANK COMUNALE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	ANTHONY GIOVANNINI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TREASURER
IRS990EZ/OperateHospitalInd	0	false
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	false
IRS990EZ/OrganizationHadUBIInd	0	false
IRS990EZ/OtherExpensesTotalAmt	0	98921
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	false
IRS990EZ/PrimaryExemptPurposeTxt	0	THE ORGANIZATION PROVIDES SCHOLARSHPS, STUDENT FINANCIAL AID SERVICES AND ACADEMIC AWARDS TO STUDENTS ATTENDING THE FOLLOWING SCHOOLS: NOTRE DAME HIGH SCHOOL, EAST STROUDSBURG PA; ICS ELEMENTARY SCHOOL, PEN ARGYL PA
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	THE ORGANIZATION PROVIDES SCHOLARSHPS, STUDENT FINANCIAL AID SERVICES AND ACADEMIC AWARDS TO STUDENTS ATTENDING THE FOLLOWING SCHOOLS: NOTRE DAME HIGH SCHOOL, EAST STROUDSBURG PA; ICS ELEMENTARY SCHOOL, PEN ARGYL PA
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	1	THE ORGANIZATION PROVIDES SCHOLARSHPS, STUDENT FINANCIAL AID SERVICES AND ACADEMIC AWARDS TO STUDENTS ATTENDING THE FOLLOWING SCHOOLS: NOTRE DAME HIGH SCHOOL, EAST STROUDSBURG PA; ICS ELEMENTARY SCHOOL, PEN ARGYL PA
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	72000
IRS990EZ/ProhibitedTaxShelterTransInd	0	false
IRS990EZ/RelatedOrganizationCtrlEntInd	0	false
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	PA
IRS990EZ/SubjectToProxyTaxInd	0	false
IRS990EZ/TanningServicesProvidedInd	0	false
IRS990EZ/TotalExpensesAmt	0	99421
IRS990EZ/TotalProgramServiceExpensesAmt	0	72000
IRS990EZ/TotalRevenueAmt	0	57622
IRS990EZ/TransactionWithControlEntInd	0	false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	false
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt	0	57486
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt	0	53189
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	4950
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	13800
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	28025
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	157450
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	248
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt	0	211
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt	0	220
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	679
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt	0	136
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	255
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt	0	62182
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt	0	17135
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt	0	13719
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	93427
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	248
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt	0	211
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt	0	220
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	679
IRS990ScheduleA/InvestmentIncomeCYPct	0	0.00000
IRS990ScheduleA/InvestmentIncomePYPct	0	0.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportCY509Pct	0	0.99730
IRS990ScheduleA/PublicSupportPY509Pct	0	0.99540
IRS990ScheduleA/PublicSupportTotal509Amt	0	250877
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind	0	X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt	0	57622
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	53444
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	67132
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	30935
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	41744
IRS990ScheduleA/Total509Grp/TotalAmt	0	250877
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	57622
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	53444
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	67380
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	31146
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	41964
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	251556
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	EXPENSES STATE REGISTRATION FEES 100 POSTAGE 242 DIRECT EXPENSES 26,108 BANK CHARGES 471 SCHOLARSHIPS 72,000 TOTAL 98,921
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	THE ORGANIZATION PROVIDES SCHOLARSHPS, STUDENT FINANCIAL AID SERVICES AND ACADEMIC AWARDS TO STUDENTS ATTENDING THE FOLLOWING SCHOOLS: NOTRE DAME HIGH SCHOOL, EAST STROUDSBURG PA; ICS ELEMENTARY SCHOOL, PEN ARGYL PA
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	THE ORGANIZATION PROVIDES SCHOLARSHPS, STUDENT FINANCIAL AID SERVICES AND ACADEMIC AWARDS TO STUDENTS ATTENDING THE FOLLOWING SCHOOLS: NOTRE DAME HIGH SCHOOL, EAST STROUDSBURG PA; ICS ELEMENTARY SCHOOL, PEN ARGYL PA
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS	0	2018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	true
ReturnHeader/BusinessOfficerGrp/PersonNm	0	ANTHONY GIOVANNINI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	6105880378
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2018-07-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	BLUE AND WHITE SCHOLASTIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt	0	FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt	0	BLUE
ReturnHeader/Filer/EIN	0	233071576
ReturnHeader/Filer/PhoneNum	0	6105880378
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	PO BOX 17
ReturnHeader/Filer/USAddress/CityNm	0	BANGOR
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	PA
ReturnHeader/Filer/USAddress/ZIPCd	0	18013
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	37DE2DC9E45F349381E30E647EBF59A6BB170868
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	D102ECEAE9EAB2C757BA62262A9EB9AB9CDFE512
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	204.186.81.206
ReturnHeader/FilingSecurityInformation/IPDt	0	2018-08-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	CD
ReturnHeader/FilingSecurityInformation/IPTm	0	13:49:20
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	270641509
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	REGAN LEVIN BLOSS BROWN & SAVCHAK PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	702 HAMILTON ST STE 200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	ALLENTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	18101
ReturnHeader/PreparerPersonGrp/PhoneNum	0	6104347700
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2018-07-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	JOEL A RONCO CPA
ReturnHeader/ReturnTs	0	2018-08-07T14:49:20-04:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2017-01-01
ReturnHeader/TaxPeriodEndDt	0	2017-12-31
ReturnHeader/TaxYr	0	2017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2017 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $110,440
Liabilities: -
Net assets: $110,440
Revenue: $57,622
Expenses: $99,421
Net income: -$41,799

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$3.23		$3.23	$1.22	$0.85	$0.38
2023Detailed filing. Detailed filing data is available for this year.	$2.85		$2.85	$1.31	$0.46	$0.85
2022Detailed filing. Detailed filing data is available for this year.	$2.01		$2.01	$1.11	$1.15	$0.05
2021Detailed filing. Detailed filing data is available for this year.	$2.05		$2.05	$1.75	$0.54	$1.22
2020Detailed filing. Detailed filing data is available for this year.	$0.84		$0.84	$0.06	$1.05	$0.98
2019Detailed filing. Detailed filing data is available for this year.	$1.82		$1.82	$1.81	$1.07	$0.75
2018Detailed filing. Detailed filing data is available for this year.	$1.07		$1.07	$0.44	$0.48	$0.03
2017Detailed filing. Detailed filing data is available for this year.	$1.10		$1.10	$0.58	$0.99	$0.42
2016Detailed filing. Detailed filing data is available for this year.	$1.52		$1.52	$0.53	$0.46	$0.08
2015Detailed filing. Detailed filing data is available for this year.	$1.44		$1.44	$0.67	$0.39	$0.28
2014Detailed filing. Detailed filing data is available for this year.	$1.16		$1.16	$0.31	$0.42	$0.11
2013Detailed filing. Detailed filing data is available for this year.	$1.27	$0.00	$1.27	$0.43	$0.50	$0.07
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.34	$0.00	$1.34		$0.44
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.	$1.20	$0.00	$1.20		$0.53