Civic Intelligence

The Carl Vincent Bini Memorial Fund

990 • Fiscal year 2014 • EIN 32-0144539

Jan 01, 2014 to Dec 31, 2014 • Filed on Jun 01, 2015

Refreshing map…

18 Hervey StreetStaten Island, NY 10309

(718) 412-1851

Siviq Scores

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

Liabilities / Assets

72nd percentile

0.03x

Higher debt load relative to assets than 72% of similar nonprofits.

2014 filings • NTEE W • <$500k nonprofits • Source year 2014

Liabilities / Revenue

72nd percentile

0.02x

Higher debt load relative to revenue than 72% of similar nonprofits.

2014 filings • NTEE W • <$500k nonprofits • Source year 2014

Net Margin

15th percentile

-23%

Higher net margin than 15% of similar nonprofits.

2014 filings • NTEE W • <$500k nonprofits • Source year 2014

Top Officer Pay

83rd percentile

$0

Higher top officer pay than 83% of similar nonprofits.

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

2014 filings • NTEE W • <$500k nonprofits • Source year 2014

Asset Growth

16th percentile

-20%

Faster asset growth than 16% of similar nonprofits.

2014 filings • NTEE W • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

9th percentile

-52%

Faster revenue growth than 9% of similar nonprofits.

2014 filings • NTEE W • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$180,993

Down $168,082 (-48%) from 2012

Net Assets

Down

$175,693

Down $165,382 (-48%) from 2012

Liabilities

Down

$5,300

Down $2,700 (-34%) from 2012

Revenue

$212,122

No earlier filing loaded for comparison.

Expenses

Up

$261,149

Up $131,155 (+101%) from 2012

Net Income

-$49,027

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2010: $35,290Liabilities 2010: $0Net Assets 2010: $35,2902010Assets 2011: $42,892Liabilities 2011: $0Net Assets 2011: $42,8922011Assets 2012: $349,075Liabilities 2012: $8,000Net Assets 2012: $341,0752012Assets 2014: $180,993Liabilities 2014: $5,300Net Assets 2014: $175,6932014Assets 2015: $212,122Liabilities 2015: $5,128Net Assets 2015: $206,9942015Assets 2016: $207,913Liabilities 2016: $42,290Net Assets 2016: $165,6232016Assets 2018: $220,499Liabilities 2018: $61,310Net Assets 2018: $159,1892018Assets 2019: $294,442Liabilities 2019: $69,238Net Assets 2019: $225,2042019Assets 2020: $352,625Liabilities 2020: $48,870Net Assets 2020: $303,7552020Assets 2022: $399,206Liabilities 2022: $73,664Net Assets 2022: $325,5422022Assets 2024: $581,902Liabilities 2024: $98,885Net Assets 2024: $483,0172024

Highlighted filing

2014

Assets$180,993
Liabilities$5,300
Net Assets$175,693

Operations Trend

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

$400K$300K$200K$100K$0-$100KExpenses 2010: $11,0622010Expenses 2011: $32,9892011Expenses 2012: $129,9942012Revenue 2014: $212,122Expenses 2014: $261,149Net Income 2014: -$49,0272014Revenue 2015: $187,460Expenses 2015: $156,160Net Income 2015: $31,3002015Revenue 2016: $123,306Expenses 2016: $160,827Net Income 2016: -$37,5212016Revenue 2018: $129,254Expenses 2018: $115,668Net Income 2018: $13,5862018Revenue 2019: $198,091Expenses 2019: $132,076Net Income 2019: $66,0152019Revenue 2020: $254,685Expenses 2020: $176,134Net Income 2020: $78,5512020Revenue 2022: $213,497Expenses 2022: $164,001Net Income 2022: $49,4962022Revenue 2024: $344,929Expenses 2024: $194,745Net Income 2024: $150,1842024

Highlighted filing

2014

Revenue$212,122
Expenses$261,149
Net Income-$49,027
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
Jun 1, 2015
Return Version
2014v5.0
Gross Receipts
$212,122
Mission and Program Overview

Mission

To provide aid for those in need within our community and beyond through scholarships, emergency grants, and special needs assistance in times of crisis, Through these acts of charity for those who desparately need aid now, it hopes to memorialize the heroism of our fallen hero. Significant activities include the annual golf event that publicizes awarness and fosters donations.

The organization supports the community through scholaships, emergency grants, and special need assistance. The organization is uniquely positioned to adapt to the changing needs of the community, especially in times of crisis. The organization holds various events, such as it's annual golf outing to raise money to help fulfill its mission of providing aid to those in need on staten island.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$186,833$155,065▼ $31,768
Intangible Assets$14,166$12,667▼ $1,499
Pledges and Grants Receivable$11,678--
Land, Buildings, and Equipment, Net$9,899$10,661▲ $762
Prepaid Expenses and Deferred Charges$4,450$2,600▼ $1,850
Total Assets$227,026$180,993▼ $46,033
Liabilities
Accounts Payable and Accrued Expenses$4,612$4,500▼ $112
Deferred Revenue-$800-
Total Liabilities$4,612$5,300▲ $688
Net Assets / Fund Balance
Unrestricted Net Assets$134,930$162,809▲ $27,879
Temporarily Rstr Net Assets$87,484$12,884▼ $74,600
Total Net Assets Fund Balance$222,414$175,693▼ $46,721
Total Liabilities and Net Assets / Fund Balance$227,026$180,993▼ $46,033

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$10,661$2,688$13,349
Compensation and Service Providers

Board Members and Trustees

NameTitle
Massimo DidonnaPresident and Chairman
Desiree DidonnaExec VP and Secretary
Christine BiniExec VP and Treasurer
Anthony GerardiMember
Anthony RappaciuloMember
Chris ChanodMember
Evan CoppMember
Frank ProvenzanoMember
Kevin JamisonMember
Maria ScaliseMember
Michael GregorioMember
Rosemarie CorvinoMember
Stefanie BiniMember
Revenue and Support

Revenue Composition

Contributions and Grants
$212,092
Program Service Revenue
$0
Investment Income
$30
Other Revenue
$0
All Other Contributions
$212,092
Change in Net Assets
$-49,027
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$168,954
Other Expenses$92,195
Total Fundraising Expense$30,603
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$130,504--$130,504
Grants to Domestic Orgs$38,450--$38,450
Advertising$534$2,137$25,538$28,209
Occupancy$3,800$15,200$0$19,000
Other Expenses$87$348$4,749$5,184
Insurance$904$3,617$0$4,521
All Other Expenses$835$3,336$0$4,171
Depreciation Depletion$599$2,394$0$2,993
Information Technology$383$1,530$0$1,913
Office Expenses$0$0$107$107
Total Functional Expenses$181,271$49,275$30,603$261,149
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Ps 37Staten Island, NY-school support$31,100
Yellow Boots Long Term Recovery GroupStaten Island, NY-Sandy Relief$10,000
4 Paws For AbilityXenia, OH-Aid for local resident$7,000
Staten Island University HospitalStaten Island, NY-burn unit$6,500
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Bikers for Bini$66,481$32,306-$32,306
Back to the Beach$50,780$15,446-$15,446
Total Events$133,765$69,976-$69,976
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
Yes
Annual disclosure for covered persons
Yes
Audit committee
No
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
The Carl Vincent Bini Memorial Fund
EIN
32-0144539
Phone
7184121851
Address
18 HERVEY STREET, STATEN ISLAND, NY 10309

Signing Officer

Name
Massimo Didonna
Title
President
Phone
7184121851
Signed
2015-06-01
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Massimo Didonna
Formed
2009
Legal Domicile
Ny
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
50

Preparer

Firm
Rebecca Iacobellis CPA Pllc
Address
18 HERVEY STREET, STATEN ISLAND, NY 10309
Preparer
Rebecca Iacobellis
Phone
3474604895
Supplemental Narrative

Additional Explanations

Pt VI, Line 11B

The board reviews the financials and the tax return with the accountant prior to signing.

Pt VI, Line 2

The three governing board members are immediate family members

Pt VI, Line 12C

The baord discusses the policy at meetings and with the bookkeeper at least yearly.

Form 990, Part IX, Line 24F

Utilities 2848. 570. 2278. Meals 259. 52. 207. Repairs 1064. 213. 851.

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IRS990/PYTotalRevenueAmt0443600
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt0-49027
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt0212122
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0212122
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0443600
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0655722
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt030
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt030
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt030
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal170Amt00
IRS990ScheduleA/PublicSupportTotal509Amt0655722
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0212122
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0443600
IRS990ScheduleA/Total509Grp/TotalAmt0655722
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0655752
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt010661
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt02688
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt013349
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010661
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContributionsTotAmt063789
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt034175
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent2Amt035334
IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriOtherEventsAmt0-5720
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0BIKERS FOR BINI
IRS990ScheduleG/FundraisingEventInformationGrp/Event2Nm0BACK TO THE BEACH
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt066481
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent2Amt050780
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsOtherEventsAmt016504
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt0133765
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt032306
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent2Amt015446
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueOtherEventsAmt022224
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt069976
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt069976
IRS990ScheduleG/FundraisingEventInformationGrp/OtherEventsTotalCnt01
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt04325
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt160892
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt28530
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt37991
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt44000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt55291
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0FUNDS GIVEN TO SANDY VICTIMS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1FUNDS GIVEN TO CHILD WITH HEART PROBLEMS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2MATERIALS AND MEALS GIVEN TO SANDY VICTIMS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3FUNDS GIVEN TO VARIOUS FAMILIES
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5FUNDS GIVEN TO FIRE VICTIMS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt03
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt23
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt37
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt42
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt59
IRS990ScheduleI/RecipientTable/CashGrantAmt031100
IRS990ScheduleI/RecipientTable/CashGrantAmt110000
IRS990ScheduleI/RecipientTable/CashGrantAmt26500
IRS990ScheduleI/RecipientTable/CashGrantAmt37000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0school support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Sandy Relief
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt2burn unit
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt3Aid for local resident
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0PS 37
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Yellow Boots Long Term Recovery Group
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2Staten Island University Hospital
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt34 Paws For Ability
IRS990ScheduleI/RecipientTable/RecipientEIN0690210637
IRS990ScheduleI/RecipientTable/RecipientEIN1461986933
IRS990ScheduleI/RecipientTable/RecipientEIN2112868878
IRS990ScheduleI/RecipientTable/RecipientEIN3311625484
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt015 Fairfield Street
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt139 Mundy Avenue
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt2475 Seaview Avenue
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt3253 Dayton Ave
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Staten Island
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Staten Island
IRS990ScheduleI/RecipientTable/USAddress/CityNm2Staten Island
IRS990ScheduleI/RecipientTable/USAddress/CityNm3Xenia
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd2NY
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd3OH
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd010308
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd110310
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd210305
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd345385
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE BOARD REVIEWS THE FINANCIALS AND THE TAX RETURN WITH THE ACCOUNTANT PRIOR TO SIGNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE THREE GOVERNING BOARD MEMBERS ARE IMMEDIATE FAMILY MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BAORD DISCUSSES THE POLICY AT MEETINGS AND WITH THE BOOKKEEPER AT LEAST YEARLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3UTILITIES 2848. 570. 2278. MEALS 259. 52. 207. REPAIRS 1064. 213. 851.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Pt VI, Line 11b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Pt VI, Line 2
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Pt VI, Line 12c
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990, Part IX, Line 24f
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0NY
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt087484
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt012884
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false

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