Civic Intelligence

Loretta MC Gowan Foundation Inc

990EZ • Fiscal year 2017 • EIN 26-0270809

Jan 01, 2017 to Dec 31, 2017 • Filed on May 15, 2018

Organization ProfileN/A
445 Stuyvesant AveRutherford, NJ 07094

(201) 865-4666

Siviq Scores

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

Liabilities / Assets

62nd percentile

0.00x

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

2017 filings • NTEE G • <$500k nonprofits • Source year 2017

Liabilities / Revenue

61st percentile

0.00x

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

2017 filings • NTEE G • <$500k nonprofits • Source year 2017

Net Margin

88th percentile

57%

Higher net margin than 88% of similar nonprofits.

2017 filings • NTEE G • <$500k nonprofits • Source year 2017

Top Officer Pay

82nd percentile

$0

Higher top officer pay than 82% of similar nonprofits.

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

2017 filings • NTEE G • <$500k nonprofits • Source year 2017

Asset Growth

61st percentile

11%

Faster asset growth than 61% of similar nonprofits.

2017 filings • NTEE G • <$500k nonprofits • Annualized from 2015 to 2017

Revenue Growth

38th percentile

-6.4%

Faster revenue growth than 38% of similar nonprofits.

2017 filings • NTEE G • <$500k nonprofits • Annualized from 2015 to 2017

Balance Sheet
Liabilities / Assets62nd percentile

Assets

Up

$159,124

Up $29,556 (+23%) from 2015

Net Assets

Up

$159,124

Up $29,556 (+23%) from 2015

Liabilities

$0

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin88th percentile

Revenue

Down

$115,240

Down $16,345 (-12%) from 2015

Expenses

Down

$50,000

Down $838 (-1.6%) from 2015

Net Income

Down

$65,240

Down $15,507 (-19%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth61st percentile

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

$200K$150K$100K$50K$0Assets 2012: $50,186Net Assets 2012: $50,1862012Assets 2013: $33,507Net Assets 2013: $33,5072013Assets 2014: $48,821Net Assets 2014: $48,8212014Assets 2015: $129,568Net Assets 2015: $129,5682015Assets 2017: $159,124Liabilities 2017: $0Net Assets 2017: $159,1242017Assets 2018: $108,591Liabilities 2018: $0Net Assets 2018: $108,5912018Assets 2019: $95,711Liabilities 2019: $0Net Assets 2019: $95,7112019Assets 2020: $52,461Liabilities 2020: $0Net Assets 2020: $52,4612020Assets 2021: $45,328Liabilities 2021: $0Net Assets 2021: $45,3282021Assets 2022: $35,328Liabilities 2022: $0Net Assets 2022: $35,3282022Assets 2023: $7,828Liabilities 2023: $0Net Assets 2023: $7,8282023Assets 2024: $12,370Liabilities 2024: $0Net Assets 2024: $12,3702024

Highlighted filing

2017

Assets$159,124
Liabilities$0
Net Assets$159,124
Open 2017 Filing

Operations Trend

Revenue Growth38th percentile

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

$150K$100K$50K$0-$50K-$100KRevenue 2012: $51,132Expenses 2012: $82,652Net Income 2012: -$31,5202012Revenue 2013: $49,509Expenses 2013: $66,188Net Income 2013: -$16,6792013Revenue 2014: $68,484Expenses 2014: $53,170Net Income 2014: $15,3142014Revenue 2015: $131,585Expenses 2015: $50,838Net Income 2015: $80,7472015Revenue 2017: $115,240Expenses 2017: $50,000Net Income 2017: $65,2402017Revenue 2018: -$533Expenses 2018: $50,000Net Income 2018: -$50,5332018Revenue 2019: -$3,881Expenses 2019: $9,000Net Income 2019: -$12,8812019Revenue 2020: $0Expenses 2020: $43,250Net Income 2020: -$43,2502020Revenue 2021: $0Expenses 2021: $7,133Net Income 2021: -$7,1332021Revenue 2022: $0Expenses 2022: $10,000Net Income 2022: -$10,0002022Revenue 2023: $0Expenses 2023: $27,500Net Income 2023: -$27,5002023Revenue 2024: $21,450Expenses 2024: $16,908Net Income 2024: $4,5422024

Highlighted filing

2017

Revenue$115,240
Expenses$50,000
Net Income$65,240
Open 2017 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 15, 2018
Return Version
2017v2.3
Gross Receipts
$153,883
Mission and Program Overview

Mission

Promote the advancement of medical research & awareness of "downs syndrome" and the care provided to those individuals inflicted with such condition.

Promote the advancement of medical research & awareness of "downs syndromethe care provided to those individuals inflicted with such condition.

Program Services

DescriptionGrantsExpenses
PROVIDED DONATION TO ONE ORGANIZATION$50,000$50,000
Compensation and Service Providers
Top Officer Pay82nd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICK MC GOWANPresident-$0--
MARTIN MC GOWANTrustee-$0--
THOMAS MC GOWANTrustee-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$153,630$153,630$38,643$114,987
Total Events$153,630$153,630$38,643$114,987
Filing and Contact Details

Filer

Filer Name
Loretta Mc Gowan Foundation Inc
EIN
26-0270809
In Care Of
% PATRICK MC GOWAN
Phone
2018654666
Address
445 STUYVESANT AVE, RUTHERFORD, NJ 07094

Signing Officer

Name
Patrick Mc Gowan
Title
Officer
Phone
2018654666
Signed
2018-05-15
Discuss with paid preparer
Yes

Preparer

Firm
Withumsmithbrownpc
Address
331 NEWMAN SPRINGS RD STE 125, RED BANK, NJ 07701-6765
Preparer
Peter a Mcguigan CPA
Phone
7328423113
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 10

“Donees name:meadowlands area ymca donees address:390 murray hill pkwy relationship:none purpose of payment:general support amount:50000”

Raw XML Appendix156 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/USAddress/CityNm0RUTHERFORD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007094
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt093884
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IRS990EZ/FiledScheduleAInd0true
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IRS990EZ/GrantsAndSimilarAmountsPaidAmt050000
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IRS990EZ/InfoInScheduleOPartIInd0X
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IRS990EZ/LandAndBuildingsGrp/BOYAmt00
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IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0PATRICK MC GOWAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1MARTIN MC GOWAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2THOMAS MC GOWAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0PROMOTE THE ADVANCEMENT OF MEDICAL RESEARCH & AWARENESS OF "DOWNS SYNDROMETHE CARE PROVIDED TO THOSE INDIVIDUALS INFLICTED WITH SUCH CONDITION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDED DONATION TO ONE ORGANIZATION
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt050000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt050000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt038643
IRS990EZ/SpecialEventsNetIncomeLossAmt0114987
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt050000
IRS990EZ/TotalProgramServiceExpensesAmt050000
IRS990EZ/TotalRevenueAmt0115240
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0153630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0172253
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0102460
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt086800
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0515443
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IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0253
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0253
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99951
IRS990ScheduleA/PublicSupportPY170Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt0515443
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0153630
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt086800
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0515443
IRS990ScheduleA/TotalSupportAmt0515696
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt038643
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IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt038643
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DONEES NAME:MEADOWLANDS AREA YMCA DONEES ADDRESS:390 MURRAY HILL PKWY RELATIONSHIP:NONE PURPOSE OF PAYMENT:GENERAL SUPPORT AMOUNT:50000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 10
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICK MC GOWAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum02018654666
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LORETTA MC GOWAN FOUNDATION INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0c/o PATRICK MC GOWAN
ReturnHeader/Filer/BusinessNameControlTxt0LORE
ReturnHeader/Filer/EIN0260270809
ReturnHeader/Filer/InCareOfNm0% PATRICK MC GOWAN
ReturnHeader/Filer/PhoneNum02018654666
ReturnHeader/Filer/USAddress/AddressLine1Txt0445 STUYVESANT AVE
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ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt047.19.30.138
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WITHUMSMITHBROWNPC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0331 NEWMAN SPRINGS RD STE 125
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0RED BANK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0077016765
ReturnHeader/PreparerPersonGrp/PhoneNum07328423113
ReturnHeader/PreparerPersonGrp/PreparationDt02018-05-15
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0PETER A MCGUIGAN CPA
ReturnHeader/ReturnTs02018-05-14T11:16:39-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

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
$159,124
Liabilities
$0
Net assets
$159,124
Revenue
$115,240
Expenses
$50,000
Net income
$65,240
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.12$0.00$0.12$0.21$0.17$0.05
2023Detailed filing. Detailed filing data is available for this year.$0.08$0.00$0.08$0.00$0.28$0.28
2022Detailed filing. Detailed filing data is available for this year.$0.35$0.00$0.35$0.00$0.10$0.10
2021Detailed filing. Detailed filing data is available for this year.$0.45$0.00$0.45$0.00$0.07$0.07
2020Detailed filing. Detailed filing data is available for this year.$0.52$0.00$0.52$0.00$0.43$0.43
2019Detailed filing. Detailed filing data is available for this year.$0.96$0.00$0.96$0.04$0.09$0.13
2018Detailed filing. Detailed filing data is available for this year.$1.09$0.00$1.09$0.01$0.50$0.51
2017Detailed filing. Detailed filing data is available for this year.$1.59$0.00$1.59$1.15$0.50$0.65
2015Detailed filing. Detailed filing data is available for this year.$1.30$1.30$1.32$0.51$0.81
2014Detailed filing. Detailed filing data is available for this year.$0.49$0.49$0.68$0.53$0.15
2013Detailed filing. Detailed filing data is available for this year.$0.34$0.34$0.50$0.66$0.17
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.50$0.50$0.51$0.83$0.32