Civic Intelligence

Loretta MC Gowan Foundation Inc

990EZ • Fiscal year 2020 • EIN 26-0270809

Jan 01, 2020 to Dec 31, 2020 • Filed on May 17, 2021

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

58th percentile

0.00x

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

2020 filings • NTEE G • <$500k nonprofits • Source year 2020

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2020

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2020

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Source year 2020

Asset Growth

6th percentile

-45%

Faster asset growth than 6% of similar nonprofits.

2020 filings • NTEE G • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets58th percentile

Assets

Down

$52,461

Down $43,250 (-45%) from 2019

Net Assets

Down

$52,461

Down $43,250 (-45%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue And Expenses
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Up

$0

Up $3,881 (+100%) from 2019

Expenses

Up

$43,250

Up $34,250 (+381%) from 2019

Net Income

Down

-$43,250

Down $30,369 (-236%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth6th 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

2020

Assets$52,461
Liabilities$0
Net Assets$52,461
Open 2020 Filing

Operations Trend

Revenue GrowthScore unavailable

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

2020

Revenue$0
Expenses$43,250
Net Income-$43,250
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 17, 2021
Return Version
2020v4.1
Gross Receipts
$0
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 DONATIONS TO FIVE ORGANIZATIONS$43,250$43,250
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
PATRICK MC GOWANPresident-$0--
MARTIN MC GOWANTrustee-$0--
THOMAS MC GOWANTrustee-$0--
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
2021-05-17
Discuss with paid preparer
Yes

Preparer

Firm
Withumsmithbrownpc
Address
331 NEWMAN SPRINGS RD STE 125, RED BANK, NJ 07701-6765
Preparer
Joseph B Malfettano CPA
Phone
7328423113
Supplemental Narrative

Additional Explanations

Form 990EZ Part I Line 10

“Donees name:united way of bergen county donees address:6 forest ave, unit 2 paramus, nj 07652 relationship:none purpose of payment:general support amount:25000”

Form 990EZ Part I Line 10

“Donees name:solace house donees address:1040 jackson avenue relationship:none purpose of payment:general support amount:12000”

Raw XML Appendix143 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0PATRICK MC GOWAN
IRS990EZ/BooksInCareOfDetail/PhoneNum02018654666
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0445 STUYVESANT AVENUE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0RUTHERFORD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NJ
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd007094
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt095711
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt052461
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-43250
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt095711
IRS990EZ/Form990TotalAssetsGrp/EOYAmt052461
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt043250
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt095711
IRS990EZ/NetAssetsOrFundBalancesEOYAmt052461
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt095711
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt052461
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt02.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
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 DONATIONS TO FIVE ORGANIZATIONS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt043250
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt043250
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt043250
IRS990EZ/TotalProgramServiceExpensesAmt043250
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt08000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0153630
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0300
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt0161930
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0253
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0253
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.99844
IRS990ScheduleA/PublicSupportPY170Pct00.99924
IRS990ScheduleA/PublicSupportTotal170Amt0161930
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt08000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0153630
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0300
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt0161930
IRS990ScheduleA/TotalSupportAmt0162183
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DONEES NAME:UNITED WAY OF BERGEN COUNTY DONEES ADDRESS:6 FOREST AVE, UNIT 2 PARAMUS, NJ 07652 RELATIONSHIP:NONE PURPOSE OF PAYMENT:GENERAL SUPPORT AMOUNT:25000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DONEES NAME:SOLACE HOUSE DONEES ADDRESS:1040 JACKSON AVENUE RELATIONSHIP:NONE PURPOSE OF PAYMENT:GENERAL SUPPORT AMOUNT:12000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990EZ PART I LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990EZ PART I LINE 10
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0PATRICK MC GOWAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0OFFICER
ReturnHeader/BusinessOfficerGrp/PhoneNum02018654666
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-17
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
ReturnHeader/Filer/USAddress/CityNm0RUTHERFORD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NJ
ReturnHeader/Filer/USAddress/ZIPCd007094
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/PreparationDt02021-05-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOSEPH B MALFETTANO CPA
ReturnHeader/ReturnTs02021-05-10T18:16:54-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0PATRICK
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0MC GOWAN
ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$52,461
Liabilities
$0
Net assets
$52,461
Revenue
$0
Expenses
$43,250
Net income
-$43,250
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