Civic Intelligence

Laborers' Local 57 Scholarship Fund

990EZ • Fiscal year 2016 • EIN 31-6622721

Feb 01, 2015 to Jan 31, 2016 • Filed on Aug 12, 2016

Organization ProfileN/A
500-506 N 6th StreetPhiladelphia, PA 19123-4003

(215) 928-8857

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 2016

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2016

Net Margin

2nd percentile

-322%

Higher net margin than 2% 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

8th percentile

-52%

Faster asset growth than 8% of similar nonprofits.

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

Revenue Growth

24th percentile

-20%

Faster revenue growth than 24% of similar nonprofits.

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

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$36,073

Down $39,480 (-52%) from 2015

Net Assets

Down

$36,073

Down $39,480 (-52%) from 2015

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin2nd percentile

Revenue

Down

$12,270

Down $3,159 (-20%) from 2015

Expenses

Up

$51,750

Up $51,150 (+8525%) from 2015

Net Income

Down

-$39,480

Down $54,309 (-366%) from 2015

Historical Trend

Balance Sheet Trend

Asset Growth8th percentile

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

$80K$60K$40K$20K$0Assets 2014: $60,724Net Assets 2014: $60,7242014Assets 2015: $75,553Net Assets 2015: $75,5532015Assets 2016: $36,073Net Assets 2016: $36,0732016Assets 2017: $39,865Net Assets 2017: $39,8652017Assets 2018: $26,461Net Assets 2018: $26,4612018Assets 2019: $24,115Net Assets 2019: $24,1152019Assets 2020: $25,937Net Assets 2020: $25,9372020Assets 2021: $30,660Net Assets 2021: $30,6602021Assets 2022: $27,893Net Assets 2022: $27,8932022Assets 2023: $19,054Net Assets 2023: $19,0542023Assets 2024: $11,619Net Assets 2024: $11,6192024Assets 2025: $18,501Net Assets 2025: $18,5012025Assets 2026: $16,900Net Assets 2026: $16,9002026

Highlighted filing

2016

Assets$36,073
Liabilities-
Net Assets$36,073
Open 2016 Filing

Operations Trend

Revenue Growth24th percentile

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

$100K$50K$0-$50KRevenue 2014: $10,8752014Revenue 2015: $15,429Expenses 2015: $600Net Income 2015: $14,8292015Revenue 2016: $12,270Expenses 2016: $51,750Net Income 2016: -$39,4802016Revenue 2017: $25,557Expenses 2017: $21,765Net Income 2017: $3,7922017Revenue 2018: $25,124Expenses 2018: $38,526Net Income 2018: -$13,4022018Revenue 2019: $18,940Expenses 2019: $21,287Net Income 2019: -$2,3472019Revenue 2020: $40,003Expenses 2020: $38,181Net Income 2020: $1,8222020Revenue 2021: $26,994Expenses 2021: $22,271Net Income 2021: $4,7232021Revenue 2022: $25,233Expenses 2022: $28,000Net Income 2022: -$2,7672022Revenue 2023: $33,562Expenses 2023: $42,401Net Income 2023: -$8,8392023Revenue 2024: $15,389Expenses 2024: $22,824Net Income 2024: -$7,4352024Revenue 2025: $41,492Expenses 2025: $34,610Net Income 2025: $6,8822025Revenue 2026: $20,609Expenses 2026: $22,210Net Income 2026: -$1,6012026

Highlighted filing

2016

Revenue$12,270
Expenses$51,750
Net Income-$39,480
Open 2016 Filing
Jump To
Filing Snapshot
Filing Period
Feb 1, 2015 to Jan 31, 2016
Signed
Aug 12, 2016
Return Version
2015v2.1
Gross Receipts
$26,800
Mission and Program Overview

Mission

To provide scholarships to local union children

Program Services

DescriptionGrantsExpenses
THE FUND DISTRIBUTES SCHOLARSHIPS TO ELIGIBLE PARTICIPANTS, OR THEIR DEPENDENTS.$50,000$51,750
Compensation and Service Providers
Top Officer Pay75th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
MICHAEL CARFAGNOTrustee-$0--
WALT HIGGINSTrustee-$0--
STANLEY SANDERSTrustee-$0--
ESTEBAN VERA JRTrustee-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$26,800$26,800$14,530$12,270
Total Events$26,800$26,800$14,530$12,270
Filing and Contact Details

Filer

Filer Name
LABORERS' LOCAL 57 SCHOLARSHIP FUND
EIN
31-6622721
Phone
2159288857
Address
500-506 N 6TH STREET, PHILADELPHIA, PA 19123-4003

Signing Officer

Name
Michael Carfagno
Title
Trustee
Phone
2159285557
Signed
2016-08-12

Preparer

Firm
Baratz & Associates Pa
Address
7 EVES DRIVE SUITE 100, MARLTON, NJ 08053-3196
Preparer
John Fekete CPA
Phone
8569855688
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 10

“Children of members scholarship 11/23/2015 50,000 0 0”

Form 990-ez, Part I, Line 16

“Expenses scholarship breakfast 1,000 administration-postcards 750 total 1,750”

Raw XML Appendix138 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/PersonNm0MICHAEL CARFAGNO
IRS990EZ/BooksInCareOfDetail/PhoneNum02159288857
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0500-506 N 6TH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0PHILADELPHIA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0PA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0191234003
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt075553
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt036073
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-39480
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt075553
IRS990EZ/Form990TotalAssetsGrp/EOYAmt036073
IRS990EZ/FundraisingGrossIncomeAmt026800
IRS990EZ/GrantsAndSimilarAmountsPaidAmt050000
IRS990EZ/GrossReceiptsAmt026800
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt075553
IRS990EZ/NetAssetsOrFundBalancesEOYAmt036073
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt075553
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt036073
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MICHAEL CARFAGNO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WALT HIGGINS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2STANLEY SANDERS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3ESTEBAN VERA JR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt01750
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0TO PROVIDE SCHOLARSHIPS TO LOCAL UNION CHILDREN
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE FUND DISTRIBUTES SCHOLARSHIPS TO ELIGIBLE PARTICIPANTS, OR THEIR DEPENDENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt050000
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt051750
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt014530
IRS990EZ/SpecialEventsNetIncomeLossAmt012270
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt051750
IRS990EZ/TotalProgramServiceExpensesAmt051750
IRS990EZ/TotalRevenueAmt012270
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt026800
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt032250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt029460
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt033933
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt059625
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0182068
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0182068
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt026800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt032250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt029460
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt033933
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt059625
IRS990ScheduleA/Total509Grp/TotalAmt0182068
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt026800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt032250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt029460
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt033933
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt059625
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0182068
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt014530
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt026800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt026800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt026800
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt026800
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt012270
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt014530
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt014530
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CHILDREN OF MEMBERS SCHOLARSHIP 11/23/2015 50,000 0 0
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES SCHOLARSHIP BREAKFAST 1,000 ADMINISTRATION-POSTCARDS 750 TOTAL 1,750
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CARFAGNO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum02159285557
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-12
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0LABORERS' LOCAL 57 SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt0LABO
ReturnHeader/Filer/EIN0316622721
ReturnHeader/Filer/PhoneNum02159288857
ReturnHeader/Filer/USAddress/AddressLine1Txt0500-506 N 6TH STREET
ReturnHeader/Filer/USAddress/CityNm0PHILADELPHIA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd0191234003
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0222212404
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BARATZ & ASSOCIATES PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07 EVES DRIVE SUITE 100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0MARLTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0080533196
ReturnHeader/PreparerPersonGrp/PhoneNum08569855688
ReturnHeader/PreparerPersonGrp/PreparationDt02016-08-16
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN FEKETE CPA
ReturnHeader/ReturnTs02016-08-16T13:54:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-02-01
ReturnHeader/TaxPeriodEndDt02016-01-31
ReturnHeader/TaxYr02015

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
$36,073
Liabilities
-
Net assets
$36,073
Revenue
$12,270
Expenses
$51,750
Net income
-$39,480
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2026Detailed filing. Detailed filing data is available for this year.$16.9$16.9$20.6$22.2$1.60
2025Detailed filing. Detailed filing data is available for this year.$18.5$18.5$41.5$34.6$6.88
2024Detailed filing. Detailed filing data is available for this year.$11.6$11.6$15.4$22.8$7.44
2023Detailed filing. Detailed filing data is available for this year.$19.1$19.1$33.6$42.4$8.84
2022Detailed filing. Detailed filing data is available for this year.$27.9$27.9$25.2$28.0$2.77
2021Detailed filing. Detailed filing data is available for this year.$30.7$30.7$27.0$22.3$4.72
2020Detailed filing. Detailed filing data is available for this year.$25.9$25.9$40.0$38.2$1.82
2019Detailed filing. Detailed filing data is available for this year.$24.1$24.1$18.9$21.3$2.35
2018Detailed filing. Detailed filing data is available for this year.$26.5$26.5$25.1$38.5$13.4
2017Detailed filing. Detailed filing data is available for this year.$39.9$39.9$25.6$21.8$3.79
2016Detailed filing. Detailed filing data is available for this year.$36.1$36.1$12.3$51.8$39.5
2015Detailed filing. Detailed filing data is available for this year.$75.6$75.6$15.4$0.60$14.8
2014Detailed filing. Detailed filing data is available for this year.$60.7$60.7$10.9