Chief John J Mcgowan III Memorial Scholarship Foundation

990EZ • Fiscal year 2019 • EIN 27-3648659

Jan 01, 2019 to Dec 31, 2019 • Filed on May 07, 2020

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.

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

0.00x

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

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

-173%

Higher net margin than 3% of similar nonprofits.

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

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

-5.8%

Faster asset growth than 34% of similar nonprofits.

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

-78%

Faster revenue growth than 4% of similar nonprofits.

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

Balance Sheet

Liabilities / Assets57th percentile

Assets

Down

$57,134

Down $3,501 (-5.8%) from 2018

Net Assets

Down

$57,134

Down $3,501 (-5.8%) from 2018

Liabilities

Flat

Flat from 2018

Revenue And Expenses

Liabilities / Revenue57th percentile Net Margin3rd percentile

Revenue

Down

$2,022

Down $6,991 (-78%) from 2018

Expenses

Down

$5,523

Down $2,525 (-31%) from 2018

Net Income

Down

-$3,501

Down $4,466 (-463%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth34th percentile

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

Highlighted filing

2019

Assets$57,134

Liabilities$0

Net Assets$57,134

Open 2019 Filing

Operations Trend

Revenue Growth4th percentile

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

Highlighted filing

2019

Revenue$2,022

Expenses$5,523

Net Income-$3,501

Open 2019 Filing

Jump To

Filing Snapshot

Filing Period: Jan 1, 2019 to Dec 31, 2019
Signed: May 7, 2020
Return Version: 2019v5.1
Gross Receipts: $2,022

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	$5,523

Compensation and Service Providers

Top Officer Pay77th 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: 2020-05-07
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: 917.”

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

“Activity classification: scholarship award. Grantee name: kyle b. Lowery. Property description: scholarship. Date of gift: 06/01/19. Amount given: 2,500.”

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

“Activity classification: scholarship award. Grantee name: derek t. Weiss. Property description: scholarship. Date of gift: 12/01/19. Amount given: 2,500. Total included on form 990-ez, line 10: 5,000.”

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

“Description: website. Amount: 167. Description: state filing fees. Amount: 15. Total to form 990-ez, line 16: 182.”

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	60635
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	57134
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/ContributionsGiftsGrantsEtcAmt	0	1105
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-3501
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	235
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	60635
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	57134
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	5000
IRS990EZ/GrossReceiptsAmt	0	2022
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	60635
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	57134
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	60635
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	57134
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	182
IRS990EZ/OtherRevenueTotalAmt	0	917
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	106
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	MEMORIAL SCHOLARSHIP AWARD PROGRAM TO BENEFIT INDIVIDUALS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	5523
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	5523
IRS990EZ/TotalProgramServiceExpensesAmt	0	5523
IRS990EZ/TotalRevenueAmt	0	2022
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	CHIEFMCGOWANFOUNDATION.ORG
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt	0	1105
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt	0	6695
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt	0	6705
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt	0	761
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt	0	9188
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt	0	24454
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt	0	917
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt	0	952
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt	0	921
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt	0	937
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt	0	118
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt	0	3845
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt	0	10649
IRS990ScheduleA/PublicOrganization170Ind	0	X
IRS990ScheduleA/PublicSupportCY170Pct	0	0.86410
IRS990ScheduleA/PublicSupportPY170Pct	0	0.91520
IRS990ScheduleA/PublicSupportTotal170Amt	0	24454
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind	0	X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt	0	1105
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt	0	6695
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt	0	6705
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt	0	761
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt	0	9188
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt	0	24454
IRS990ScheduleA/TotalSupportAmt	0	28299
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: INTEREST. AMOUNT: 917.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	ACTIVITY CLASSIFICATION: SCHOLARSHIP AWARD. GRANTEE NAME: KYLE B. LOWERY. PROPERTY DESCRIPTION: SCHOLARSHIP. DATE OF GIFT: 06/01/19. AMOUNT GIVEN: 2,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	ACTIVITY CLASSIFICATION: SCHOLARSHIP AWARD. GRANTEE NAME: DEREK T. WEISS. PROPERTY DESCRIPTION: SCHOLARSHIP. DATE OF GIFT: 12/01/19. AMOUNT GIVEN: 2,500. TOTAL INCLUDED ON FORM 990-EZ, LINE 10: 5,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	3	DESCRIPTION: WEBSITE. AMOUNT: 167. DESCRIPTION: STATE FILING FEES. AMOUNT: 15. TOTAL TO FORM 990-EZ, LINE 16: 182.
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	2021-01-29 14:40:06Z
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	2020-05-07
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	754CF320244E200E1F721FD12CB6CDA30135EDD8
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	9FC63F3B2D551EFD86419244F503AD144C6C8EB4
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	98.115.57.116
ReturnHeader/FilingSecurityInformation/IPDt	0	2020-05-07
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	ED
ReturnHeader/FilingSecurityInformation/IPTm	0	11:37:36
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	2020-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	MARGARET J CAPONE CPA
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2020-05-29T08:04:02-05:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2019-01-01
ReturnHeader/TaxPeriodEndDt	0	2019-12-31
ReturnHeader/TaxYr	0	2019

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: $57,134
Liabilities: $0
Net assets: $57,134
Revenue: $2,022
Expenses: $5,523
Net income: -$3,501

	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