Civic Intelligence

Unico Foundation Inc.

990 • Fiscal year 2020 • EIN 39-6127273

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 10, 2020

271 US Hwy 46 WestFairfield, NJ 07004

(973) 808-0035

Siviq Scores

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

Liabilities / Assets

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Liabilities / Revenue

15th percentile

0.00x

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Net Margin

90th percentile

49%

Higher net margin than 90% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Top Officer Pay

37th percentile

$0

Higher top officer pay than 37% of similar nonprofits.

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

2020 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2020

Asset Growth

31st percentile

-0.2%

Faster asset growth than 31% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Revenue Growth

27th percentile

-15%

Faster revenue growth than 27% of similar nonprofits.

2020 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2019 to 2020

Assets

Down

$4,234,637

Down $9,508 (-0.2%) from 2019

Net Assets

Down

$4,234,637

Down $9,508 (-0.2%) from 2019

Liabilities

Flat

$0

Flat from 2019

Revenue

Down

$549,810

Down $97,210 (-15%) from 2019

Expenses

Up

$282,017

Up $67,902 (+32%) from 2019

Net Income

Down

$267,793

Down $165,112 (-38%) from 2019

Historical Trend

Balance Sheet Trend

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

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,265,657Liabilities 2011: $0Net Assets 2011: $1,265,6572011Assets 2012: $1,519,504Liabilities 2012: $0Net Assets 2012: $1,519,5042012Assets 2013: $2,363,771Liabilities 2013: $0Net Assets 2013: $2,363,7712013Assets 2014: $2,920,307Liabilities 2014: $0Net Assets 2014: $2,920,3072014Assets 2015: $3,134,711Liabilities 2015: $0Net Assets 2015: $3,134,7112015Assets 2016: $3,207,196Liabilities 2016: $0Net Assets 2016: $3,207,1962016Assets 2017: $3,628,470Liabilities 2017: $0Net Assets 2017: $3,628,4702017Assets 2018: $3,873,027Liabilities 2018: $0Net Assets 2018: $3,873,0272018Assets 2019: $4,244,145Liabilities 2019: $0Net Assets 2019: $4,244,1452019Assets 2020: $4,234,637Liabilities 2020: $0Net Assets 2020: $4,234,6372020Assets 2021: $5,417,882Liabilities 2021: $0Net Assets 2021: $5,417,8822021Assets 2022: $4,817,029Liabilities 2022: $0Net Assets 2022: $4,817,0292022Assets 2023: $5,166,407Liabilities 2023: $0Net Assets 2023: $5,166,4072023Assets 2024: $5,589,511Liabilities 2024: $0Net Assets 2024: $5,589,5112024Assets 2025: $6,284,266Liabilities 2025: $0Net Assets 2025: $6,284,2662025

Highlighted filing

2020

Assets$4,234,637
Liabilities$0
Net Assets$4,234,637

Operations Trend

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

$1.5M$1.0M$500K$0Expenses 2011: $81,7932011Expenses 2012: $173,2012012Revenue 2013: $931,059Expenses 2013: $86,792Net Income 2013: $844,2672013Revenue 2014: $337,738Expenses 2014: $189,355Net Income 2014: $148,3832014Revenue 2015: $539,395Expenses 2015: $214,240Net Income 2015: $325,1552015Revenue 2016: $238,638Expenses 2016: $213,661Net Income 2016: $24,9772016Revenue 2017: $288,299Expenses 2017: $195,139Net Income 2017: $93,1602017Revenue 2018: $453,823Expenses 2018: $251,835Net Income 2018: $201,9882018Revenue 2019: $647,020Expenses 2019: $214,115Net Income 2019: $432,9052019Revenue 2020: $549,810Expenses 2020: $282,017Net Income 2020: $267,7932020Revenue 2021: $270,140Expenses 2021: $174,929Net Income 2021: $95,2112021Revenue 2022: $294,263Expenses 2022: $237,309Net Income 2022: $56,9542022Revenue 2023: $317,783Expenses 2023: $249,508Net Income 2023: $68,2752023Revenue 2024: $502,291Expenses 2024: $301,750Net Income 2024: $200,5412024Revenue 2025: $1,038,458Expenses 2025: $343,703Net Income 2025: $694,7552025

Highlighted filing

2020

Revenue$549,810
Expenses$282,017
Net Income$267,793
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Nov 10, 2020
Return Version
2019v5.0
Gross Receipts
$625,805
Mission and Program Overview

Mission

The accomplishments include scholarships to individual students and cultural matching of grants and awards.also supports hospitals that engage in cooley's anemia research, as well as mental health research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$4,047,843$4,038,335▼ $9,508
Land, Buildings, and Equipment, Net$196,302$196,302→ $0
Cash and Non-Interest-Bearing Accounts-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Prepaid Expenses and Deferred Charges-$0-
Total Assets$4,244,145$4,234,637▼ $9,508
Other Assets Total-$0-
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$4,155,801$4,210,211▲ $54,410
Net Assets Without Donor Restrictions$88,344$24,426▼ $63,918
Total Net Assets Fund Balance$4,244,145$4,234,637▼ $9,508
Total Liabilities and Net Assets / Fund Balance$4,244,145$4,234,637▼ $9,508

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$196,302-$196,302
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$286,345
Program Service Revenue
$0
Investment Income
$254,606
Other Revenue
$8,859
All Other Contributions
$286,345
Change in Net Assets
$267,793
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$255,750
Other Expenses$26,267
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$255,750--$255,750
Fees for Service Investment Mgmnt Fees-$15,876-$15,876
Fees for Services Accounting-$6,245-$6,245
Other Expenses-$3,000-$3,000
Office Expenses-$1,146-$1,146
Total Functional Expenses$255,750$26,267$0$282,017
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$19,475
Fundraising Direct Expenses$10,616
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Raffles$19,475$19,475-$19,475
Total Events$19,475$19,475$10,616$8,859
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

Reviewed financial statements are prepared by outside CPA before tax return is prepared.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Unico Foundation Inc
EIN
39-6127273
Phone
9738080035
Address
271 US HWY 46 WEST, FAIRFIELD, NJ 07004

Signing Officer

Name
Sal Benvenuti
Title
Director
Signed
2020-11-10
Discuss with paid preparer
Yes

Organization Details

Formed
1961
Legal Domicile
Wi
Voting Board Members
17
Independent Board Members
0
Employees
0

Preparer

Firm
Ruchowitz Hausman Palmieri
Address
1371 Morris Ave, Union, NJ 07083
Preparer
ANTHONY G D'ALESSIO CPA
Phone
9086870063
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 4D: Other Program Services Description

OTHER PROGRAM SERVICES 4: Food Bank Services OTHER PROGRAM SERVICES 5:

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IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0216346
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt0196302
IRS990/LandBldgEquipBasisNetGrp/EOYAmt0196302
IRS990/LandBldgEquipCostOrOtherBssAmt0196302
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt065379
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd0false
IRS990/MinutesOfGoverningBodyInd0false
IRS990/MissionDesc0THE ACCOMPLISHMENTS INCLUDE SCHOLARSHIPS TO INDIVIDUAL STUDENTS AND CULTURAL MATCHING OF GRANTS AND AWARDS.ALSO SUPPORTS HOSPITALS THAT ENGAGE IN COOLEY'S ANEMIA RESEARCH, AS WELL AS MENTAL HEALTH RESEARCH.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt04244145
IRS990/NetAssetsOrFundBalancesEOYAmt04234637
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt038260
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt038260
IRS990/NetIncmFromFundraisingEvtGrp/ExclusionAmt08859
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt08859
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-277301
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt088344
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt024426
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/TotalAmt00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt01146
IRS990/OfficeExpensesGrp/TotalAmt01146
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/EOYAmt00
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0On-Line Program Service
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt03000
IRS990/OtherExpensesGrp/TotalAmt03000
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/TotalAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/TotalAmt00
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt00
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0SCHOLARSHIPS TO INDIVIDUALS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt096750
IRS990/ProgSrvcAccomActy3Grp/Desc0Food Bank Services
IRS990/ProgSrvcAccomActy3Grp/ExpenseAmt021000
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt0353292
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0193063
IRS990/PYInvestmentIncomeAmt0283986
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt021052
IRS990/PYOtherRevenueAmt09742
IRS990/PYRevenuesLessExpensesAmt0432905
IRS990/PYTotalExpensesAmt0214115
IRS990/PYTotalRevenueAmt0647020
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0267793
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt04047843
IRS990/SavingsAndTempCashInvstGrp/EOYAmt04038335
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0286345
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0353292
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0245941
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0280557
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0231860
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01397995
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt00
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt01397995
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0286345
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0353292
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0245941
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0280557
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0231860
IRS990ScheduleA/Total509Grp/TotalAmt01397995
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0286345
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0353292
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0245941
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0280557
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0231860
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01397995
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt0196302
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt0196302
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0196302
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesEvent1Amt010616
IRS990ScheduleG/FundraisingEventInformationGrp/CashPrizesTotalEventsAmt010616
IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt010616
IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm0RAFFLES
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt019475
IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt019475
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt019475
IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt019475
IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt08859
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0OTHER PROGRAM SERVICES 4: Food Bank Services OTHER PROGRAM SERVICES 5:
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Reviewed financial statements are prepared by outside CPA before tax return is prepared.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part III, Line 4d: Other Program Services Description
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Detailed filing. Detailed filing data is available for this year.$6.28$0.00$6.28$1.04$0.34$0.69
2024Detailed filing. Detailed filing data is available for this year.$5.59$0.00$5.59$0.50$0.30$0.20
2023Detailed filing. Detailed filing data is available for this year.$5.17$0.00$5.17$0.32$0.25$0.07
2022Detailed filing. Detailed filing data is available for this year.$4.82$0.00$4.82$0.29$0.24$0.06
2021Detailed filing. Detailed filing data is available for this year.$5.42$0.00$5.42$0.27$0.17$0.10
2020Detailed filing. Detailed filing data is available for this year.$4.23$0.00$4.23$0.55$0.28$0.27
2019Detailed filing. Detailed filing data is available for this year.$4.24$0.00$4.24$0.65$0.21$0.43
2018Detailed filing. Detailed filing data is available for this year.$3.87$0.00$3.87$0.45$0.25$0.20
2017Detailed filing. Detailed filing data is available for this year.$3.63$0.00$3.63$0.29$0.20$0.09
2016Detailed filing. Detailed filing data is available for this year.$3.21$0.00$3.21$0.24$0.21$0.02
2015Detailed filing. Detailed filing data is available for this year.$3.13$0.00$3.13$0.54$0.21$0.33
2014Detailed filing. Detailed filing data is available for this year.$2.92$0.00$2.92$0.34$0.19$0.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.36$0.00$2.36$0.93$0.09$0.84
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.52$0.00$1.52$0.17
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.27$0.00$1.27$0.08