Chief John J Mcgowan III Memorial Scholarship Foundation

990EZ • Fiscal year 2016 • EIN 27-3648659

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

Organization Profile CHIEFMCGOWANFOUNDATION.ORG

2 Boulder LaneHorsham, PA 19044

(215) 672-5188

Siviq Scores

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

0.00x

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

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

0.00x

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

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

-351%

Higher net margin than 2% of similar nonprofits.

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

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

-9.8%

Faster asset growth than 29% of similar nonprofits.

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

-84%

Faster revenue growth than 3% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets56th percentile

Assets

Down

$53,445

Down $5,825 (-9.8%) from 2015

Net Assets

Down

$53,445

Down $5,825 (-9.8%) from 2015

Liabilities

Flat

Flat from 2015

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin2nd percentile

Revenue

Down

$1,661

Down $8,734 (-84%) from 2015

Expenses

$7,486

Up $3,601 (+93%) from 2015

Net Income

Down

-$5,825

Down $12,335 (-189%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth29th percentile

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

Highlighted filing

2016

Assets$53,445

Liabilities$0

Net Assets$53,445

Open 2016 Filing

Operations Trend

Revenue Growth3rd percentile

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

Highlighted filing

2016

Revenue$1,661

Expenses$7,486

Net Income-$5,825

Open 2016 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2016 to Dec 31, 2016
Signed: Apr 20, 2017
Return Version: 2016v3.0
Gross Receipts: $1,661

Mission and Program Overview

Mission

Providing annual scholarships to potential police officers

Program Services

Description	Grants	Expenses
MEMORIAL SCHOLARSHIP AWARD PROGRAM TO BENEFIT INDIVIDUALS	$0	$7,486

Compensation and Service Providers

Top Officer Pay75th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
KAREN T MCGOWAN	President	PT	$0	-	-
JOHN J MCGOWAN IV	Treasurer	-	$0	-	-
SCOTT M MCGOWAN	Secretary	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Chief John J Mcgowan Iii
EIN: 27-3648659
Phone: 2156725188
Address: 2 BOULDER LANE, HORSHAM, PA 19044

Signing Officer

Name: Karen T Mcgowan
Title: President
Phone: 2156725188
Signed: 2017-04-20
Discuss with paid preparer: Yes

Preparer

Firm: Margaret J Capone CPA
Address: 411 W GERMANTOWN PIKE, EAST NORRITON, PA 19403-4229
Preparer: Margaret J Capone CPA
Phone: 6102724944

Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

“Description: interest. Amount: 936.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship award. Grantee name: charles pritchett. Property description: scholarship. Date of gift: 07/15/16. Amount given: 3,500.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarship award. Grantee name: james towhey. Property description: scholarship. Date of gift: 07/15/16. Amount given: 3,500. Total included on form 990-ez, line 10: 7,000.”

Form 990-ez, Part I, Line 16 - Other Expenses

“Description: website. Amount: 165. Description: state filing fees. Amount: 15. Total to form 990-ez, line 16: 180.”

Raw XML Appendix157 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	0
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt	0	KAREN T MCGOWAN
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	2156725188
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	2 BOULDER LANE
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	HORSHAM
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	19044
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	59270
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	53445
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	725
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-5825
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	220
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	59270
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	53445
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	7000
IRS990EZ/GrossReceiptsAmt	0	1661
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingCashInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	59270
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	53445
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	59270
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	53445
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	5.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	KAREN T MCGOWAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	JOHN J MCGOWAN IV
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	SCOTT M MCGOWAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	SECRETARY
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	180
IRS990EZ/OtherRevenueTotalAmt	0	936
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	PROVIDING ANNUAL SCHOLARSHIPS TO POTENTIAL POLICE OFFICERS
IRS990EZ/PrintingPublicationsPostageAmt	0	86
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	MEMORIAL SCHOLARSHIP AWARD PROGRAM TO BENEFIT INDIVIDUALS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	7486
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	PA
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	7486
IRS990EZ/TotalProgramServiceExpensesAmt	0	7486
IRS990EZ/TotalRevenueAmt	0	1661
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	CHIEFMCGOWANFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	761
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	9188
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	9920
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	10000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	9210
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	39079
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	937
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	118
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	154
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	166
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	116
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	1491
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt	0	35068
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.96320
IRS990ScheduleA/PublicSupportPY170Pct	0	0.98770
IRS990ScheduleA/PublicSupportTotal170Amt	0	39079
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	761
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	9188
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	9920
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	10000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	9210
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	39079
IRS990ScheduleA/TotalSupportAmt	0	40570
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: INTEREST. AMOUNT: 936.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	ACTIVITY CLASSIFICATION: SCHOLARSHIP AWARD. GRANTEE NAME: CHARLES PRITCHETT. PROPERTY DESCRIPTION: SCHOLARSHIP. DATE OF GIFT: 07/15/16. AMOUNT GIVEN: 3,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	ACTIVITY CLASSIFICATION: SCHOLARSHIP AWARD. GRANTEE NAME: JAMES TOWHEY. PROPERTY DESCRIPTION: SCHOLARSHIP. DATE OF GIFT: 07/15/16. AMOUNT GIVEN: 3,500. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 7,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	DESCRIPTION: WEBSITE. AMOUNT: 165. DESCRIPTION: STATE FILING FEES. AMOUNT: 15. TOTAL TO FORM 990-EZ, LINE 16: 180.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	3	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS	0	2017-02-10 21:41:12Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	KAREN T MCGOWAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	2156725188
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2017-04-20
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	CHIEF JOHN J MCGOWAN III
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt	0	MEMORIAL SCHOLARSHIP FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt	0	CHIE
ReturnHeader/Filer/EIN	0	273648659
ReturnHeader/Filer/PhoneNum	0	2156725188
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	2 BOULDER LANE
ReturnHeader/Filer/USAddress/CityNm	0	HORSHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	PA
ReturnHeader/Filer/USAddress/ZIPCd	0	19044
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	362B57D9A138F96E8910C55BCD249861A39B9B14
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	F25B466DA0B760133AB8B2A67452CE2A2E3D2A43
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	96.245.157.63
ReturnHeader/FilingSecurityInformation/IPDt	0	2017-04-20
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	ED
ReturnHeader/FilingSecurityInformation/IPTm	0	13:16:12
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	232405055
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	MARGARET J CAPONE CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	411 W GERMANTOWN PIKE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	EAST NORRITON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	194034229
ReturnHeader/PreparerPersonGrp/PhoneNum	0	6102724944
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2017-04-20
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	MARGARET J CAPONE CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2017-05-03T10:45:25-05:00
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.

Open filing

Assets: $53,445
Liabilities: $0
Net assets: $53,445
Revenue: $1,661
Expenses: $7,486
Net income: -$5,825

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2024Detailed filing. Detailed filing data is available for this year.	$42.7	$0.00	$42.7	$1.61	$5.46	$3.85
2023Detailed filing. Detailed filing data is available for this year.	$46.6	$0.00	$46.6	$4.30	$5.54	$1.24
2022Detailed filing. Detailed filing data is available for this year.	$47.8	$0.00	$47.8	$0.93	$5.44	$4.51
2021Detailed filing. Detailed filing data is available for this year.	$52.3	$0.00	$52.3	$3.04	$5.47	$2.43
2020Detailed filing. Detailed filing data is available for this year.	$54.7	$0.00	$54.7	$0.69	$3.04	$2.35
2019Detailed filing. Detailed filing data is available for this year.	$57.1	$0.00	$57.1	$2.02	$5.52	$3.50
2018Detailed filing. Detailed filing data is available for this year.	$60.6	$0.00	$60.6	$9.01	$8.05	$0.97
2017Detailed filing. Detailed filing data is available for this year.	$59.7	$0.00	$59.7	$10.6	$4.35	$6.23
2016Detailed filing. Detailed filing data is available for this year.	$53.4	$0.00	$53.4	$1.66	$7.49	$5.83
2015Detailed filing. Detailed filing data is available for this year.	$59.3	$0.00	$59.3	$10.4	$3.89	$6.51
2014Detailed filing. Detailed filing data is available for this year.	$52.8	$0.00	$52.8	$11.2	$7.51	$3.73