Civic Intelligence

Laborers' Local 57 Scholarship Fund

990EZ • Fiscal year 2018 • EIN 31-6622721

Feb 01, 2017 to Jan 31, 2018 • Filed on Jul 13, 2018

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 2018

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2018

Net Margin

8th percentile

-53%

Higher net margin than 8% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Top Officer Pay

76th percentile

$0

Higher top officer pay than 76% of similar nonprofits.

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

2018 filings • 501(c)3 • <$500k nonprofits • Source year 2018

Asset Growth

14th percentile

-34%

Faster asset growth than 14% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Revenue Growth

45th percentile

-1.7%

Faster revenue growth than 45% of similar nonprofits.

2018 filings • 501(c)3 • <$500k nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Down

$26,461

Down $13,404 (-34%) from 2017

Net Assets

Down

$26,461

Down $13,404 (-34%) from 2017

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin8th percentile

Revenue

Down

$25,124

Down $433 (-1.7%) from 2017

Expenses

Up

$38,526

Up $16,761 (+77%) from 2017

Net Income

Down

-$13,402

Down $17,194 (-453%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth14th 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

2018

Assets$26,461
Liabilities-
Net Assets$26,461
Open 2018 Filing

Operations Trend

Revenue Growth45th 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

2018

Revenue$25,124
Expenses$38,526
Net Income-$13,402
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Feb 1, 2017 to Jan 31, 2018
Signed
Jul 13, 2018
Return Version
2017v2.3
Gross Receipts
$69,720
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.$37,500$37,701
ADDITIONAL ADMINISTRATIVE EXPENSES NEEDED IN ORDER TO ACHIEVE THE SCHOLARSHIP FUND'S EXEMPT PURPOSE.--
Compensation and Service Providers
Top Officer Pay76th percentile

Employees

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

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Outing$41,770$41,770$19,248$22,522
Dinner Dance$27,950$27,950$25,348$2,602
Total Events$69,720$69,720$44,596$25,124
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
2018-07-13

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

“Class of activity: scholarship cash contribution: 37,500 relationship: children of members”

Form 990-ez, Part I, Line 16

“Expenses administration-postcards 45 bank charges 156 total 201”

Form 990-ez, Part III, Line 31

“Additional administrative expenses needed in order to achieve the scholarship fund's exempt purpose.”

Raw XML Appendix154 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/BOYAmt039863
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt026461
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-13402
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt0825
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt039863
IRS990EZ/Form990TotalAssetsGrp/EOYAmt026461
IRS990EZ/FundraisingGrossIncomeAmt069720
IRS990EZ/GrantsAndSimilarAmountsPaidAmt037500
IRS990EZ/GrossReceiptsAmt069720
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt039863
IRS990EZ/NetAssetsOrFundBalancesEOYAmt026461
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt039863
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt026461
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/PersonNm1GEORGE HUTT
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/OtherExpensesTotalAmt0201
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/DescriptionProgramSrvcAccomTxt1ADDITIONAL ADMINISTRATIVE EXPENSES NEEDED IN ORDER TO ACHIEVE THE SCHOLARSHIP FUND'S EXEMPT PURPOSE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt037500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt037701
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt044596
IRS990EZ/SpecialEventsNetIncomeLossAmt025124
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt038526
IRS990EZ/TotalProgramServiceExpensesAmt037701
IRS990EZ/TotalRevenueAmt025124
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt069720
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt044955
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt026800
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt032250
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt029460
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0203185
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0203185
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt069720
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt044955
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt026800
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt032250
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt029460
IRS990ScheduleA/Total509Grp/TotalAmt0203185
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt069720
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt044955
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt026800
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt032250
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt029460
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0203185
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt044596
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0GOLF OUTING
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0DINNER DANCE
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt041770
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt027950
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt069720
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt041770
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt027950
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt069720
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt025124
IRS990ScheduleG/FundraisingEventInformationGrp/OthDirectExpnssTotalEventsAmt044596
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt019248
IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent2Amt025348
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0CLASS OF ACTIVITY: SCHOLARSHIP CASH CONTRIBUTION: 37,500 RELATIONSHIP: CHILDREN OF MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EXPENSES ADMINISTRATION-POSTCARDS 45 BANK CHARGES 156 TOTAL 201
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ADDITIONAL ADMINISTRATIVE EXPENSES NEEDED IN ORDER TO ACHIEVE THE SCHOLARSHIP FUND'S EXEMPT PURPOSE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 10
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/PersonNm0MICHAEL CARFAGNO
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum02159285557
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-07-13
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/FilingSecurityInformation/AtSubmissionCreationDeviceId0A9A4BEAFAD9B34E2AB7ABC2F9099AF2C7B0A04C0
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId07DAA911A7580AD5C891AFDD3DADCA5A433DA5311
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt071.245.123.86
ReturnHeader/FilingSecurityInformation/IPDt02018-07-26
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CD
ReturnHeader/FilingSecurityInformation/IPTm008:48:53
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/PreparationDt02018-07-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOHN FEKETE CPA
ReturnHeader/ReturnTs02018-07-26T09:48:53-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-02-01
ReturnHeader/TaxPeriodEndDt02018-01-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$26,461
Liabilities
-
Net assets
$26,461
Revenue
$25,124
Expenses
$38,526
Net income
-$13,402
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