Civic Intelligence

Gabriel Pacione Memorial Scholarship Fund Inc

990EZ • Fiscal year 2019 • EIN 26-3381216

Jul 01, 2018 to Jun 30, 2019 • Filed on Nov 01, 2019

Organization ProfileWWW.GABESFUND.ORG
8 Larch RowWenham, MA 01984

(978) 468-3224

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

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

Source year 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

2nd percentile

-478%

Higher net margin than 2% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

2nd percentile

-100%

Faster asset growth than 2% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

4th percentile

-83%

Faster revenue growth than 4% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$0

Down $250,664 (-100%) from 2018

Net Assets

Down

$0

Down $250,664 (-100%) from 2018

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin2nd percentile

Revenue

Down

$1,896

Down $8,989 (-83%) from 2018

Expenses

Down

$10,964

Down $506 (-4.4%) from 2018

Net Income

Down

-$9,068

Down $8,483 (-1450%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth2nd percentile

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

$300K$200K$100K$0Assets 2012: $217,298Net Assets 2012: $217,2982012Assets 2013: $235,683Net Assets 2013: $235,6832013Assets 2014: $252,941Net Assets 2014: $252,9412014Assets 2015: $264,455Net Assets 2015: $264,4552015Assets 2016: $259,417Net Assets 2016: $259,4172016Assets 2017: $251,249Net Assets 2017: $251,2492017Assets 2018: $250,664Net Assets 2018: $250,6642018Assets 2019: $0Net Assets 2019: $02019

Highlighted filing

2019

Assets$0
Liabilities-
Net Assets$0
Open 2019 Filing

Operations Trend

Revenue Growth4th percentile

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

$60K$40K$20K$0-$20KRevenue 2012: $45,124Expenses 2012: $22,501Net Income 2012: $22,6232012Revenue 2013: $29,663Expenses 2013: $11,277Net Income 2013: $18,3862013Revenue 2014: $28,318Expenses 2014: $11,060Net Income 2014: $17,2582014Revenue 2015: $22,108Expenses 2015: $10,594Net Income 2015: $11,5142015Revenue 2016: $6,724Expenses 2016: $11,763Net Income 2016: -$5,0392016Revenue 2017: $4,053Expenses 2017: $12,221Net Income 2017: -$8,1682017Revenue 2018: $10,885Expenses 2018: $11,470Net Income 2018: -$5852018Revenue 2019: $1,896Expenses 2019: $10,964Net Income 2019: -$9,0682019

Highlighted filing

2019

Revenue$1,896
Expenses$10,964
Net Income-$9,068
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Nov 1, 2019
Return Version
2018v3.1
Gross Receipts
$1,896
Mission and Program Overview

Mission

SCHOLARSHIPS

Program Services

DescriptionGrantsExpenses
2 SCHOLARSHIPS AWARDED JACK BACHINI- 5,000 CAROLINE SCHISSEL- 5,000$10,000$10,000
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
JEFFREY D PACIONEDirector-$0--
SHARON L PACIONECo Director-$0--
Filing and Contact Details

Filer

Filer Name
Gabriel Pacione Memorial
EIN
26-3381216
Phone
9784683224
Address
8 LARCH ROW, WENHAM, MA 01984

Signing Officer

Name
Sharon L Pacione
Title
Co Director
Phone
9784683224
Signed
2019-11-01
Discuss with paid preparer
Yes

Preparer

Firm
Stowe & Degon LLC
Address
220 BROADWAY SUITE 204, LYNNFIELD, MA 01940
Preparer
Martin W Croyle CPA
Phone
7815817600
Supplemental Narrative

Additional Explanations

Form 990-ez

“SCHOLARSHIPS 10,000”

Form 990-ez, Part I, Line 16

“Expenses advertising 20 office expense 385 taxes and licenses 245 total 650”

Form 990-ez, Part I, Line 20

“Cash overdraft 173 transfer to charity eccf -241,769 the taxpayer terminated its existence as of 6/30/19. The remaining cash was transferred to the following charity: essex county community foundation 241,769”

Raw XML Appendix167 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/PersonNm0SHARON L PACIONE
IRS990EZ/BooksInCareOfDetail/PhoneNum09784683224
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08 LARCH ROW
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WENHAM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001984
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt0250664
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt01824
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-9068
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/FinalReturnInd0X
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt0250664
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt010000
IRS990EZ/GrossReceiptsAmt01896
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt072
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0250664
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0250664
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0JEFFREY D PACIONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1SHARON L PACIONE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0true
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherChangesInNetAssetsAmt0-241596
IRS990EZ/OtherExpensesTotalAmt0650
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SCHOLARSHIPS
IRS990EZ/PrintingPublicationsPostageAmt0314
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt02 SCHOLARSHIPS AWARDED JACK BACHINI- 5,000 CAROLINE SCHISSEL- 5,000
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt010000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt010000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt010964
IRS990EZ/TotalProgramServiceExpensesAmt010000
IRS990EZ/TotalRevenueAmt01896
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.GABESFUND.ORG
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01824
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt03510
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt03974
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt06536
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt019634
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt035478
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt079
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt088
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0129
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0296
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt072
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01761
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01833
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus1YearAmt017259
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus3YearsAmt0100
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/CurrentTaxYearMinus4YearsAmt024946
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt042305
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt079
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt088
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0129
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0296
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.01000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99630
IRS990ScheduleA/PublicSupportPY509Pct00.99650
IRS990ScheduleA/PublicSupportTotal509Amt079616
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01896
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt020769
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt03974
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt06636
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt046341
IRS990ScheduleA/Total509Grp/TotalAmt079616
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01896
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt020769
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt04053
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt06724
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt046470
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt079912
IRS990ScheduleN/AssetsDistributedInd0true
IRS990ScheduleN/BondsOutstandingInd0false
IRS990ScheduleN/DirectorOfSuccessorInd0false
IRS990ScheduleN/EmployeeOfSuccessorInd0false
IRS990ScheduleN/LiabilitiesPaidInd0true
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/AssetsDistriOrExpnssPaidDesc0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/DistributionDt02019-06-15
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/EIN0043407816
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/FairMarketValueOfAssetAmt0241769
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/IRCSectionTxt0NON PROFIT
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/MethodOfFMVDeterminationTxt0CASH
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/PersonNm0ESSEX COUNTY COMMUNITY FOUNDATION
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/AddressLine1Txt0175 ANDOVER STREET
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/CityNm0DANVERS
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/StateAbbreviationCd0MA
IRS990ScheduleN/LiquidationOfAssetsTableGrp/LiquidationOfAssetsDetail/USAddress/ZIPCd001923
IRS990ScheduleN/OwnerOfSuccessorInd0false
IRS990ScheduleN/ReceiveCompensationInd0false
IRS990ScheduleN/RequiredToNotifyAGInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0SCHOLARSHIPS 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADVERTISING 20 OFFICE EXPENSE 385 TAXES AND LICENSES 245 TOTAL 650
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2CASH OVERDRAFT 173 TRANSFER TO CHARITY ECCF -241,769 THE TAXPAYER TERMINATED ITS EXISTENCE AS OF 6/30/19. THE REMAINING CASH WAS TRANSFERRED TO THE FOLLOWING CHARITY: ESSEX COUNTY COMMUNITY FOUNDATION 241,769
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 20
ReturnHeader/BuildTS02020-04-17 16:48:07Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0SHARON L PACIONE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum09784683224
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-11-01
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0GABRIEL PACIONE MEMORIAL
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SCHOLARSHIP FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0GABR
ReturnHeader/Filer/EIN0263381216
ReturnHeader/Filer/PhoneNum09784683224
ReturnHeader/Filer/USAddress/AddressLine1Txt08 LARCH ROW
ReturnHeader/Filer/USAddress/CityNm0WENHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001984
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId07D6D6337EF233A199007067B3537EBCDE1185D99
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0BD55BCBAF3C68CDF1F389F5BA574DD8D29DEB7E8
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt0167.68.16.49
ReturnHeader/FilingSecurityInformation/IPDt02019-11-19
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm012:39:16
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0043379904
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0STOWE & DEGON LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0220 BROADWAY SUITE 204
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LYNNFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd001940
ReturnHeader/PreparerPersonGrp/PhoneNum07815817600
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-04
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARTIN W CROYLE CPA
ReturnHeader/ReturnTs02019-11-19T12:39:16-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2019 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$0
Liabilities
-
Net assets
$0
Revenue
$1,896
Expenses
$10,964
Net income
-$9,068
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2019Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.02$0.11$0.09
2018Detailed filing. Detailed filing data is available for this year.$2.51$2.51$0.11$0.11$0.01
2017Detailed filing. Detailed filing data is available for this year.$2.51$2.51$0.04$0.12$0.08
2016Detailed filing. Detailed filing data is available for this year.$2.59$2.59$0.07$0.12$0.05
2015Detailed filing. Detailed filing data is available for this year.$2.64$2.64$0.22$0.11$0.12
2014Detailed filing. Detailed filing data is available for this year.$2.53$2.53$0.28$0.11$0.17
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.36$2.36$0.30$0.11$0.18
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.17$2.17$0.45$0.23$0.23