Civic Intelligence

Richard and Ida Calhoun Fund

990EZ • Fiscal year 2021 • EIN 35-7268970

Jan 01, 2021 to Dec 31, 2021 • Filed on May 06, 2022

8 Church StreetTorrington, CT 06790

(860) 496-2152

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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on this filing.

Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2021

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Assets

$0

No earlier filing loaded for comparison.

Net Assets

$0

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

-

No earlier filing loaded for comparison.

Expenses

-

No earlier filing loaded for comparison.

Net Income

-

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.

$10M$5.0M$0Assets 2021: $0Net Assets 2021: $02021Assets 2022: $5,570,774Liabilities 2022: $0Net Assets 2022: $5,570,7742022Assets 2023: $7,230,715Liabilities 2023: $0Net Assets 2023: $7,230,7152023Assets 2024: $7,572,516Liabilities 2024: $0Net Assets 2024: $7,572,5162024Assets 2025: $8,059,259Liabilities 2025: $0Net Assets 2025: $8,059,2592025

Highlighted filing

2021

Assets$0
Liabilities-
Net Assets$0

Operations Trend

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

$6.0M$4.0M$2.0M$0Revenue 2022: $5,576,617Expenses 2022: $5,843Net Income 2022: $5,570,7742022Revenue 2023: $1,722,185Expenses 2023: $62,244Net Income 2023: $1,659,9412023Revenue 2024: $404,331Expenses 2024: $62,530Net Income 2024: $341,8012024Revenue 2025: $563,242Expenses 2025: $76,499Net Income 2025: $486,7432025

Latest loaded filing

2025

Revenue$563,242
Expenses$76,499
Net Income$486,743
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
May 6, 2022
Return Version
2021v4.0
Mission and Program Overview

Mission

Entity is a type iii supporting organizaion under section 509(a)(3) to norwich university. Scholarships will begin for the 2026 or 2027 academic year depending on candidate applications.

Entity is a type iii supporting organizaion under section 509(a)(3) to norwich university. Once the trust is funded the funds will be used to give scholarships to norwich university students.

Program Services

DescriptionGrantsExpenses
PROVIDE SCHOLARSHIPS TO NORWICH UNIVERSITY STUDENTS - TRUST IS NOT FUNDED YET.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-Co -Trustee-$0--
MEGANN O' MALLEYCo-Trustee-$0--
Filing and Contact Details

Filer

Filer Name
Richard and Ida Calhoun Fund
EIN
35-7268970
Phone
8604962152
Address
8 CHURCH STREET, TORRINGTON, CT 06790

Signing Officer

Name
Torrington Savings Bank
Title
Co -trustee
Phone
8604962152
Signed
2022-05-06
Discuss with paid preparer
Yes

Preparer

Firm
Adams Samartino & Company Pc
Address
PO BOX 273, BRISTOL, CT 06011-0273
Preparer
Diane Libby CPA
Phone
8605838675
Supplemental Narrative

Additional Explanations

Form 990-ez, Part III

Entity is a type iii supporting organizaion under section 509(a)(3) to norwich university. Once the trust is funded the funds will be used to give scholarships to norwich university students.

Raw XML Appendix118 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/BusinessName/BusinessNameLine1Txt0TORRINGTON SAVINGS BANK
IRS990EZ/BooksInCareOfDetail/PhoneNum08604962152
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt08 CHURCH STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0TORRINGTON
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0CT
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd006790
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/BusinessName/BusinessNameLine1Txt0TORRINGTON SAVINGS BANK
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0MEGANN O' MALLEY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CO -TRUSTEE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CO-TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0ENTITY IS A TYPE III SUPPORTING ORGANIZAION UNDER SECTION 509(A)(3) TO NORWICH UNIVERSITY. ONCE THE TRUST IS FUNDED THE FUNDS WILL BE USED TO GIVE SCHOLARSHIPS TO NORWICH UNIVERSITY STUDENTS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDE SCHOLARSHIPS TO NORWICH UNIVERSITY STUDENTS - TRUST IS NOT FUNDED YET.
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0CT
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationTrustInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd0true
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd0false
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd0false
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd0true
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd0true
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0TRUSTEE HAS A ROLE IN DETERMINING BOTH INCOME AND USE OF ASSETS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1THE TRUSTEE FROM NORWICH UNIVERSITY HAS A SIGNIFICANT ROLE IN CHOOSING CANDITATES FOR THE SCHOLARSHIP.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART V, LINE 1
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0030179424
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd0true
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd02
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0NORWICH UNIVERSITY
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3NonFuncInd0X
IRS990ScheduleA/TrustIntegralPartTestInd0X
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ENTITY IS A TYPE III SUPPORTING ORGANIZAION UNDER SECTION 509(A)(3) TO NORWICH UNIVERSITY. ONCE THE TRUST IS FUNDED THE FUNDS WILL BE USED TO GIVE SCHOLARSHIPS TO NORWICH UNIVERSITY STUDENTS.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0TORRINGTON SAVINGS BANK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO -TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum08604962152
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-05-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0RICHARD AND IDA CALHOUN FUND
ReturnHeader/Filer/BusinessNameControlTxt0RICH
ReturnHeader/Filer/EIN0357268970
ReturnHeader/Filer/PhoneNum08604962152
ReturnHeader/Filer/USAddress/AddressLine1Txt08 CHURCH STREET
ReturnHeader/Filer/USAddress/CityNm0TORRINGTON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0CT
ReturnHeader/Filer/USAddress/ZIPCd006790
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0061149587
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0ADAMS SAMARTINO & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 273
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BRISTOL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0CT
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0060110273
ReturnHeader/PreparerPersonGrp/PhoneNum08605838675
ReturnHeader/PreparerPersonGrp/PreparationDt02022-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0DIANE LIBBY CPA
ReturnHeader/ReturnTs02022-05-09T14:41:14-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0MILES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BORZILLERI
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

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