Civic Intelligence

Donald Ereutershan Education Tr C/O Banduccikatz & Ferraris LLP

990 • Fiscal year 2015 • EIN 31-6649390

Jan 01, 2015 to Dec 31, 2015 • Filed on Jun 06, 2016

Organization Profile
108 Main Street - PO Box 1168Sag Harbor, NY 11963

(631) 725-0145

Siviq Scores

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

Liabilities / Assets

17th percentile

0.00x

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

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

17th percentile

0.00x

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

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Net Margin

3rd percentile

-84%

Higher net margin than 3% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

31st percentile

$0

Higher top officer pay than 31% of similar nonprofits.

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

2015 filings • NTEE B • $1M-$5M nonprofits • Source year 2015

Asset Growth

18th percentile

-6.7%

Faster asset growth than 18% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

15th percentile

-11%

Faster revenue growth than 15% of similar nonprofits.

2015 filings • NTEE B • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets17th percentile

Assets

Down

$2,109,698

Down $152,208 (-6.7%) from 2014

Net Assets

Down

$2,109,698

Down $152,208 (-6.7%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue And Expenses
Liabilities / Revenue17th percentileNet Margin3rd percentile

Revenue

Down

$68,423

Down $8,547 (-11%) from 2014

Expenses

Up

$125,711

Up $4,001 (+3.3%) from 2014

Net Income

Down

-$57,288

Down $12,548 (-28%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth18th percentile

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

$3.0M$2.0M$1.0M$0Assets 2010: $2,120,067Liabilities 2010: $0Net Assets 2010: $2,120,0672010Assets 2011: $2,015,917Liabilities 2011: $0Net Assets 2011: $2,015,9172011Assets 2014: $2,261,906Liabilities 2014: $0Net Assets 2014: $2,261,9062014Assets 2015: $2,109,698Liabilities 2015: $0Net Assets 2015: $2,109,6982015Assets 2016: $2,202,301Liabilities 2016: $0Net Assets 2016: $2,202,3012016Assets 2017: $2,271,937Liabilities 2017: $0Net Assets 2017: $2,271,9372017Assets 2018: $2,129,844Liabilities 2018: $0Net Assets 2018: $2,129,8442018Assets 2019: $2,284,896Liabilities 2019: $0Net Assets 2019: $2,284,8962019Assets 2020: $2,266,971Liabilities 2020: $2,000Net Assets 2020: $2,264,9712020Assets 2021: $2,077,285Liabilities 2021: $0Net Assets 2021: $2,077,2852021Assets 2022: $2,040,310Liabilities 2022: $0Net Assets 2022: $2,040,3102022Assets 2024: $2,123,276Liabilities 2024: $0Net Assets 2024: $2,123,2762024

Highlighted filing

2015

Assets$2,109,698
Liabilities$0
Net Assets$2,109,698
Open 2015 Filing

Operations Trend

Revenue Growth15th percentile

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

$200K$0-$200K-$400KExpenses 2010: $23,8492010Expenses 2011: $70,3332011Revenue 2014: $76,970Expenses 2014: $121,710Net Income 2014: -$44,7402014Revenue 2015: $68,423Expenses 2015: $125,711Net Income 2015: -$57,2882015Revenue 2016: $98,991Expenses 2016: $113,526Net Income 2016: -$14,5352016Revenue 2017: $82,604Expenses 2017: $139,250Net Income 2017: -$56,6462017Revenue 2018: $145,101Expenses 2018: $123,703Net Income 2018: $21,3982018Revenue 2019: -$86,943Expenses 2019: $165,776Net Income 2019: -$252,7192019Revenue 2020: -$488Expenses 2020: $104,912Net Income 2020: -$105,4002020Revenue 2021: $194,096Expenses 2021: $92,254Net Income 2021: $101,8422021Revenue 2022: $75,123Expenses 2022: $108,378Net Income 2022: -$33,2552022Revenue 2024: $167,304Expenses 2024: $117,182Net Income 2024: $50,1222024

Highlighted filing

2015

Revenue$68,423
Expenses$125,711
Net Income-$57,288
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Jun 6, 2016
Return Version
2015v2.1
Gross Receipts
$960,955
Mission and Program Overview

Mission

To promote the education of students in the sag harbor union free school district in the field of visual arts and architecture

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,075,640$1,826,588▼ $249,052
Savings and Temporary Cash Investments$138,906$252,029▲ $113,123
Cash and Non-Interest-Bearing Accounts$45,417$30,012▼ $15,405
Total Assets$2,261,906$2,109,698▼ $152,208
Other Assets Total$1,943$1,069▼ $874
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$2,261,906$2,109,698▼ $152,208
Total Net Assets Fund Balance$2,261,906$2,109,698▼ $152,208
Total Liabilities and Net Assets / Fund Balance$2,261,906$2,109,698▼ $152,208
Compensation and Service Providers
Top Officer Pay31st percentile

Board Members and Trustees

NameTitle
Denise SchoenTrustee
Gregory N FerrarisTrustee
Robert SchneiderTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$59,913
Other Revenue
$8,510
Change in Net Assets
$-57,288
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$99,325
Other Expenses$26,386
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$99,325--$99,325
Fees for Service Investment Mgmnt Fees-$20,247-$20,247
Insurance-$5,822-$5,822
Other Expenses-$1-$1
Total Functional Expenses$99,325$26,386$0$125,711
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Sag Harbor Union Free School DistSag Harbor, NY501c3Visual Arts/architec$99,325
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
Annual disclosure for covered persons
Yes
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
Yes
Conflict-of-interest policy
Yes
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 9

“Denise schoen 524 montauk highway amagansett, ny 11930 robert schneider 25 south drive sag harbor, ny 11963”

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

“The trustees review form 990 before it is filed with the irs.”

Form 990, Page 6, Part VI, Line 12C

“Each board member is required to complete a conflict of interest policy at its annual meeting.”

Form 990, Page 6, Part VI, Line 15B

“Compensation of board laison to school district is reviewed on an annual basis.”

Form 990, Page 6, Part VI, Line 19

“The trust's governing documents are available at the offices of banducci, katz & ferraris, llp, located at 108 main street in sag harbor, ny; the trust's federal form 990 is available on guidestar database at (http://www.guidestar.org)”

Filing and Contact Details

Filer

Filer Name
Donald Ereutershan Education Tr
EIN
31-6649390
Phone
6317250145
Address
108 MAIN STREET - PO BOX 1168, SAG HARBOR, NY 11963

Signing Officer

Name
Gregory N Ferraris
Title
Trustee
Phone
6317250145
Signed
2016-06-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Gregory N Ferraris
Formed
2000
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Banducci Katz & Ferraris Llp
Address
PO BOX 1168 - 108 MAIN STREET, SAG HARBOR, NY 11963
Preparer
Gregory Ferraris
Phone
6317250145
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

“Unrealized loss on securities -94,920 total -94,920”

Raw XML Appendix395 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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IRS990ScheduleA/MinimumAssetAmountGrp/CashDeemedCharitableGrp/PriorYearAmt033929
IRS990ScheduleA/MinimumAssetAmountGrp/DiscountClaimedAmt00
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IRS990ScheduleA/MinimumAssetAmountGrp/NetVlNonExemptUseAssetsGrp/PriorYearAmt02227976
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/CurrentYearAmt075304
IRS990ScheduleA/MinimumAssetAmountGrp/PctOfNetVlNonExemptUseAstGrp/PriorYearAmt077979
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/CurrentYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/RecoveriesPYDistriMinAssetGrp/PriorYearAmt00
IRS990ScheduleA/MinimumAssetAmountGrp/TotalFMVOfNonExemptUseAssetGrp/CurrentYearAmt02184296
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IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/CurrentYearAmt075304
IRS990ScheduleA/MinimumAssetAmountGrp/TotalMinimumAssetGrp/PriorYearAmt077979
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IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/SupportSumAmt099325
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IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt099325
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501C3
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0SAG HARBOR UNION FREE SCHOOL DIST
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine2Txt0SAG HARBOR UNION FREE SCHOOL DIST
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine2Txt0200 JERMAIN AVENUE
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IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0PART II, LINE 1, COLUMN (H): NAME OF ORGANIZATION OR GOVERNMENT: SAG HARBOR UNION FREE SCHOOL DISTRICT (H) PURPOSE OF GRANT OR ASSISTANCE: DONALD REUTERSHAN MEMORIAL SCHOLARSHIP FOR EXCELLENCE & ACHIEVEMENT IN THE VISUAL ARTS &/OR ARCHITECTURE - 25,000. (H) PURPOSE OF GRANT OR ASSISTANCE: FUNDING FOR VARIOUS PROJECTS IN PROMOTING EDUCATION IN THE SAG HARBOR URSD IN THE FIELD OF VISUAL ARTS & ARCHITECTURE 74,325.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0SCHEDULE I, PAGE 4, PART IV
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IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DENISE SCHOEN 524 MONTAUK HIGHWAY AMAGANSETT, NY 11930 ROBERT SCHNEIDER 25 SOUTH DRIVE SAG HARBOR, NY 11963
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TRUSTEES REVIEW FORM 990 BEFORE IT IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2EACH BOARD MEMBER IS REQUIRED TO COMPLETE A CONFLICT OF INTEREST POLICY AT ITS ANNUAL MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3COMPENSATION OF BOARD LAISON TO SCHOOL DISTRICT IS REVIEWED ON AN ANNUAL BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE TRUST'S GOVERNING DOCUMENTS ARE AVAILABLE AT THE OFFICES OF BANDUCCI, KATZ & FERRARIS, LLP, LOCATED AT 108 MAIN STREET IN SAG HARBOR, NY; THE TRUST'S FEDERAL FORM 990 IS AVAILABLE ON GUIDESTAR DATABASE AT (HTTP://WWW.GUIDESTAR.ORG)
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5UNREALIZED LOSS ON SECURITIES -94,920 TOTAL -94,920
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PAGE 6, PART VI, LINE 9
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PAGE 6, PART VI, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PAGE 6, PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PAGE 6, PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PAGE 6, PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XI, LINE 9
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IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
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IRS990/TotalAssetsEOYAmt02109698
IRS990/TotalAssetsGrp/BOYAmt02261906
IRS990/TotalAssetsGrp/EOYAmt02109698
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IRS990/TotalFunctionalExpensesGrp/TotalAmt0125711
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt00
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt02109698
IRS990/TotalProgramServiceExpensesAmt099325
IRS990/TotalRevenueGrp/ExclusionAmt0113535
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0-45112
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt068423
IRS990/TotalVolunteersCnt03
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IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt02109698
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IRS990/UnrestrictedNetAssetsGrp/EOYAmt02109698
IRS990/UponRequestInd0X
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IRS990/USAddress/AddressLine2Txt0108 MAIN STREET
IRS990/USAddress/CityNm0SAG HARBOR
IRS990/USAddress/StateAbbreviationCd0NY
IRS990/USAddress/ZIPCd011963
IRS990/VotingMembersGoverningBodyCnt03
IRS990/VotingMembersIndependentCnt03
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02016-09-27 15:27:22Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0GREGORY N FERRARIS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum06317250145
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-06-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0DONALD EREUTERSHAN EDUCATION TR
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O BANDUCCIKATZ & FERRARIS LLP
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0SAG HARBOR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011963
ReturnHeader/PreparerPersonGrp/PhoneNum06317250145
ReturnHeader/PreparerPersonGrp/PreparationDt02016-06-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GREGORY FERRARIS
ReturnHeader/ReturnTs02016-06-08T15:43:00-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,109,698
Liabilities
$0
Net assets
$2,109,698
Revenue
$68,423
Expenses
$125,711
Net income
-$57,288
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.00$2.12$0.17$0.12$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.04$0.00$2.04$0.08$0.11$0.03
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.08$0.00$2.08$0.19$0.09$0.10
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.27$0.00$2.26$0.00$0.10$0.11
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.28$0.00$2.28$0.09$0.17$0.25
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.13$0.00$2.13$0.15$0.12$0.02
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.27$0.00$2.27$0.08$0.14$0.06
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.20$0.00$2.20$0.10$0.11$0.01
2015Detailed filing. Detailed filing data is available for this year.$2.11$0.00$2.11$0.07$0.13$0.06
2014Detailed filing. Detailed filing data is available for this year.$2.26$0.00$2.26$0.08$0.12$0.04
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.02$0.00$2.02$0.07
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.12$0.00$2.12$0.02