Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Mitchell Cangelosi Scholarship Fund Inc.
990EZ • Fiscal year 2016 • EIN 26-2077330
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
83rd percentile
Higher net margin than 83% of similar nonprofits.
Top Officer Pay
94th percentile
Higher top officer pay than 94% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
60th percentile
Faster asset growth than 60% of similar nonprofits.
Revenue Growth
24th percentile
Faster revenue growth than 24% of similar nonprofits.
Balance Sheet
Assets
Up$198,204
Up $10,514 (+5.6%) from 2015
Net Assets
Up$198,204
Up $10,514 (+5.6%) from 2015
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Down$20,907
Down $7,744 (-27%) from 2015
Expenses
Down$10,393
Down $32 (-0.3%) from 2015
Net Income
Down$10,514
Down $7,712 (-42%) from 2015
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2016 to Dec 31, 2016
- Signed
- Apr 26, 2017
- Return Version
- 2016v3.0
- Gross Receipts
- $20,907
Mission and Program Overview
Mission
Award a Scholarship to a graduating senior.
Award a scholarship to a graduating senior of sayville high school, as selected by the faculty, who meet the criteria of academic and athletic excellence. The student is to receive four annual installments, the distribution of which is under the control of the board of education of sayville public schools and is also continent upon the student's continued successful enrollment in college.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| TO AWARD A SCHOLARSHIP ANNUALLY TO A GRADUATING SAYVILLE HIGH SCHOOL STUDENT WHO HAS MET THE CRITERIA OF ACADEMIC AND ATHLETIC EXCELLENCE AND WILL CONTINUE ON TO STUDY AT A HIGHER LEVEL ACADEMIC INSTITUTION. | $8,000 | $8,597 |
| TO AWARD ANNUALLY A SCHOLARSHIP TO A GRADUATING SAYVILLE HIGH SCHOOL STUDENT. | - | $1,796 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| JEROME CANGELOSI | President | PT | $0 | - | - |
| LORI CANGELOSI | Treasurer | PT | $0 | - | - |
| CARL CANGELOSI | Secretary | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Mitchell Cangelosi Scholarship Fund
- EIN
- 26-2077330
- Phone
- 5163140013
- Address
- 77 WEST LAKE DRIVE, MONTAUK, NY 11954
Signing Officer
- Name
- Jerome Cangelosi
- Title
- President
- Phone
- 6315895089
- Signed
- 2017-04-26
Preparer
- Firm
- Karen V Deluca CPA LLC
- Address
- 32 COLTON AVE, SAYVILLE, NY 11782
- Preparer
- Karen V Deluca CPA
- Phone
- 6312583523
Supplemental Narrative
Additional Explanations
Form 990-ez, Part I, Line 10
“8,000 0 0”
Form 990-ez, Part I, Line 16
“Expenses fundraiser expense 1,796 total 1,796”
Form 990-ez, Part III
“Award a scholarship to a graduating senior of sayville high school, as selected by the faculty, who meet the criteria of academic and athletic excellence. The student is to receive four annual installments, the distribution of which is under the control of the board of education of sayville public schools and is also continent upon the student's continued successful enrollment in college.”
Form 990-ez, Part III, Line 31
“To award a scholarship annually to a graduating sayville high school student who has met the criteria of academic and athletic excellence and will continue on to study at a higher level academic institution.”
Raw XML Appendix137 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 | JEROME CANGELOSI |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 5163140013 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 77 WEST LAKE DRIVE |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | MONTAUK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11954 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 187690 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 198204 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 15249 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 10514 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 475 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 187690 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 198204 |
| IRS990EZ/GainOrLossFromSaleOfAssetsAmt | 0 | 3138 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 8000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 20907 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 2520 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 187690 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 198204 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 187690 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 198204 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 5.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | JEROME CANGELOSI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | LORI CANGELOSI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CARL CANGELOSI |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 1796 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | AWARD A SCHOLARSHIP TO A GRADUATING SENIOR OF SAYVILLE HIGH SCHOOL, AS SELECTED BY THE FACULTY, WHO MEET THE CRITERIA OF ACADEMIC AND ATHLETIC EXCELLENCE. THE STUDENT IS TO RECEIVE FOUR ANNUAL INSTALLMENTS, THE DISTRIBUTION OF WHICH IS UNDER THE CONTROL OF THE BOARD OF EDUCATION OF SAYVILLE PUBLIC SCHOOLS AND IS ALSO CONTINENT UPON THE STUDENT'S CONTINUED SUCCESSFUL ENROLLMENT IN COLLEGE. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 122 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | TO AWARD ANNUALLY A SCHOLARSHIP TO A GRADUATING SAYVILLE HIGH SCHOOL STUDENT. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | TO AWARD A SCHOLARSHIP ANNUALLY TO A GRADUATING SAYVILLE HIGH SCHOOL STUDENT WHO HAS MET THE CRITERIA OF ACADEMIC AND ATHLETIC EXCELLENCE AND WILL CONTINUE ON TO STUDY AT A HIGHER LEVEL ACADEMIC INSTITUTION. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 8000 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 1796 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 8597 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SaleOfAssetsGrossAmt | 0 | 3138 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 10393 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 10393 |
| IRS990EZ/TotalRevenueAmt | 0 | 20907 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.MITCHSRUN.COM |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 15249 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 20020 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15411 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 22940 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 19314 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 92934 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 5654 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt | 0 | 8631 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 7974 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 3486 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 4635 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 30380 |
| IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt | 0 | 2520 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 0.75360 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.85820 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 92934 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 15249 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 20020 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 15411 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 22940 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 19314 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 92934 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 123314 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | 8,000 0 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES FUNDRAISER EXPENSE 1,796 TOTAL 1,796 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | AWARD A SCHOLARSHIP TO A GRADUATING SENIOR OF SAYVILLE HIGH SCHOOL, AS SELECTED BY THE FACULTY, WHO MEET THE CRITERIA OF ACADEMIC AND ATHLETIC EXCELLENCE. THE STUDENT IS TO RECEIVE FOUR ANNUAL INSTALLMENTS, THE DISTRIBUTION OF WHICH IS UNDER THE CONTROL OF THE BOARD OF EDUCATION OF SAYVILLE PUBLIC SCHOOLS AND IS ALSO CONTINENT UPON THE STUDENT'S CONTINUED SUCCESSFUL ENROLLMENT IN COLLEGE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO AWARD A SCHOLARSHIP ANNUALLY TO A GRADUATING SAYVILLE HIGH SCHOOL STUDENT WHO HAS MET THE CRITERIA OF ACADEMIC AND ATHLETIC EXCELLENCE AND WILL CONTINUE ON TO STUDY AT A HIGHER LEVEL ACADEMIC INSTITUTION. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART III |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III, LINE 31 |
| ReturnHeader/BuildTS | 0 | 2017-02-10 21:41:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | JEROME CANGELOSI |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 6315895089 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2017-04-26 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | MITCHELL CANGELOSI SCHOLARSHIP FUND |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | MITC |
| ReturnHeader/Filer/EIN | 0 | 262077330 |
| ReturnHeader/Filer/PhoneNum | 0 | 5163140013 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 77 WEST LAKE DRIVE |
| ReturnHeader/Filer/USAddress/CityNm | 0 | MONTAUK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 11954 |
| ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId | 0 | 35487D842552F4BA66EF97B0D48AEA899327A73D |
| ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId | 0 | 35487D842552F4BA66EF97B0D48AEA899327A73D |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 274008449 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | KAREN V DELUCA CPA LLC |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 32 COLTON AVE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | SAYVILLE |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 11782 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 6312583523 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2017-04-26 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | KAREN V DELUCA CPA |
| ReturnHeader/ReturnTs | 0 | 2017-04-29T14:33:56-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2016-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2016-12-31 |
| ReturnHeader/TaxYr | 0 | 2016 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2016 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $198,204
- Liabilities
- -
- Net assets
- $198,204
- Revenue
- $20,907
- Expenses
- $10,393
- Net income
- $10,514