Civic Intelligence

The Frank John Viggiano Scholarship Foundation Inc

990 • Fiscal year 2016 • EIN 27-3073854

Jan 01, 2016 to Dec 31, 2016 • Filed on Jan 20, 2017

5373 Kelly DrSarasota, FL 34233

(973) 713-2936

Siviq Scores

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

Liabilities / Assets

56th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Liabilities / Revenue

55th percentile

0.00x

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Net Margin

93rd percentile

56%

Higher net margin than 93% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2016 filings • 501(c)3 • <$500k nonprofits • Source year 2016

Asset Growth

85th percentile

51%

Faster asset growth than 85% of similar nonprofits.

2016 filings • 501(c)3 • <$500k nonprofits • Annualized from 2015 to 2016

Revenue Growth

Score unavailable

No value available

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

Annualized from 2015 to 2016

Assets

Up

$16,766

Up $5,650 (+51%) from 2015

Net Assets

Up

$16,766

Up $5,650 (+51%) from 2015

Liabilities

Flat

$0

Flat from 2015

Revenue

Up

$10,000

Up $10,000 from 2015

Expenses

Up

$4,350

Up $100 (+2.4%) from 2015

Net Income

Up

$5,650

Up $9,900 (+233%) from 2015

Historical Trend

Balance Sheet Trend

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

$30K$20K$10K$0Assets 2013: $9,341Liabilities 2013: $0Net Assets 2013: $9,3412013Assets 2014: $15,366Liabilities 2014: $0Net Assets 2014: $15,3662014Assets 2015: $11,116Liabilities 2015: $0Net Assets 2015: $11,1162015Assets 2016: $16,766Liabilities 2016: $0Net Assets 2016: $16,7662016Assets 2017: $22,516Liabilities 2017: $0Net Assets 2017: $22,5162017Assets 2018: $28,616Liabilities 2018: $0Net Assets 2018: $28,6162018Assets 2019: $24,466Liabilities 2019: $0Net Assets 2019: $24,4662019Assets 2020: $19,816Liabilities 2020: $0Net Assets 2020: $19,8162020Assets 2021: $29,126Liabilities 2021: $0Net Assets 2021: $29,1262021Assets 2022: $28,476Liabilities 2022: $0Net Assets 2022: $28,4762022Assets 2025: $14,923Liabilities 2025: $0Net Assets 2025: $14,9232025

Highlighted filing

2016

Assets$16,766
Liabilities$0
Net Assets$16,766

Operations Trend

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

$10K$5.0K$0-$5.0KRevenue 2013: $10,000Expenses 2013: $2,235Net Income 2013: $7,7652013Revenue 2014: $10,000Expenses 2014: $3,975Net Income 2014: $6,0252014Revenue 2015: $0Expenses 2015: $4,250Net Income 2015: -$4,2502015Revenue 2016: $10,000Expenses 2016: $4,350Net Income 2016: $5,6502016Revenue 2017: $10,000Expenses 2017: $4,250Net Income 2017: $5,7502017Revenue 2018: $10,000Expenses 2018: $3,900Net Income 2018: $6,1002018Revenue 2019: $0Expenses 2019: $4,150Net Income 2019: -$4,1502019Revenue 2020: $0Expenses 2020: $4,650Net Income 2020: -$4,6502020Revenue 2021: $10,000Expenses 2021: $690Net Income 2021: $9,3102021Revenue 2022: $0Expenses 2022: $650Net Income 2022: -$6502022Revenue 2025: $0Expenses 2025: $2,149Net Income 2025: -$2,1492025

Highlighted filing

2016

Revenue$10,000
Expenses$4,350
Net Income$5,650
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Jan 20, 2017
Return Version
2016v3.0
Gross Receipts
$10,000
Mission and Program Overview

Mission

To Provide Scholarships for Qualified Students

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$11,116$16,766▲ $5,650
Total Assets$11,116$16,766▲ $5,650
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$11,116$16,766▲ $5,650
Total Net Assets Fund Balance$11,116$16,766▲ $5,650
Total Liabilities and Net Assets / Fund Balance$11,116$16,766▲ $5,650
Compensation and Service Providers

Board Members and Trustees

NameTitle
Margaret MckayPresident
Jody PearlsteinSecy/treasur
Frank ViggianoVice Preside
Revenue and Support

Revenue Composition

Contributions and Grants
$10,000
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$5,650
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$3,750
Other Expenses$600
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$3,750--$3,750
Fees for Services Accounting-$600-$600
Total Functional Expenses$3,750$600$0$4,350
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted.

Form 990, Page 6, Part VI, Line 19

No documents available to the public

Filing and Contact Details

Filer

Filer Name
The Frank John Viggiano
EIN
27-3073854
Phone
9737132936
Address
5373 KELLY DR, SARASOTA, FL 34233

Signing Officer

Name
Frank Viggiano
Title
Vice President
Phone
9737132936
Signed
2017-01-20
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Viggiano
Formed
2010
Legal Domicile
Nj
Voting Board Members
2
Independent Board Members
0
Employees
0

Preparer

Firm
Barry Rosner CPA Norman Siminoff Pa
Address
1553 STATE ROUTE 27 STE 1700, SOMERSET, NJ 08873
Preparer
Barry Rosner
Phone
7322490384
Raw XML Appendix231 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.

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IRS990/GrantAmt03750
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IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
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IRS990/GrossReceiptsAmt010000
IRS990/GroupReturnForAffiliatesInd0false
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IRS990/IndependentVotingMemberCnt00
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IRS990/IRPDocumentCnt00
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ReturnHeader/BuildTS02017-02-10 21:41:12Z
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ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SCHOLARSHIP FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0FRAN
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ReturnHeader/ReturnTs02017-01-30T12:44:36-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02016-01-01
ReturnHeader/TaxPeriodEndDt02016-12-31
ReturnHeader/TaxYr02016

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Filings