Civic Intelligence

Billy Knote Memorial Foundation

990EZ • Fiscal year 2015 • EIN 45-2445980

Jan 01, 2015 to Dec 31, 2015 • Filed on Aug 02, 2016

370 N Parish DriveSouthold, NY 11971

(631) 786-3968

Siviq Scores

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

Liabilities / Assets

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Liabilities / Revenue

55th percentile

0.00x

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Net Margin

72nd percentile

16%

Higher net margin than 72% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Top Officer Pay

75th percentile

$0

Higher top officer pay than 75% of similar nonprofits.

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

2015 filings • 501(c)3 • <$500k nonprofits • Source year 2015

Asset Growth

86th percentile

63%

Faster asset growth than 86% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Revenue Growth

89th percentile

67%

Faster revenue growth than 89% of similar nonprofits.

2015 filings • 501(c)3 • <$500k nonprofits • Annualized from 2014 to 2015

Assets

Up

$10,223

Up $3,949 (+63%) from 2014

Net Assets

Up

$10,223

Up $3,949 (+63%) from 2014

Liabilities

Flat

$0

Flat from 2014

Revenue

Up

$24,954

Up $9,998 (+67%) from 2014

Expenses

Up

$21,005

Up $7,242 (+53%) from 2014

Net Income

Up

$3,949

Up $2,756 (+231%) from 2014

Historical Trend

Balance Sheet Trend

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

$15K$10K$5.0K$0Assets 2011: $3,036Liabilities 2011: $02011Assets 2012: $2,333Liabilities 2012: $02012Assets 2013: $9,208Liabilities 2013: $4,135Net Assets 2013: $5,0732013Assets 2014: $6,274Liabilities 2014: $0Net Assets 2014: $6,2742014Assets 2015: $10,223Liabilities 2015: $0Net Assets 2015: $10,2232015Assets 2016: $1,960Liabilities 2016: $0Net Assets 2016: $1,9602016Assets 2017: $566Liabilities 2017: $0Net Assets 2017: $5662017Assets 2018: $704Liabilities 2018: $0Net Assets 2018: $7042018Assets 2019: $319Liabilities 2019: $0Net Assets 2019: $3192019

Highlighted filing

2015

Assets$10,223
Liabilities$0
Net Assets$10,223

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2011: $40,737Expenses 2011: $37,701Net Income 2011: $3,0362011Revenue 2012: $40,277Expenses 2012: $40,980Net Income 2012: -$7032012Revenue 2013: $26,028Expenses 2013: $23,288Net Income 2013: $2,7402013Revenue 2014: $14,956Expenses 2014: $13,763Net Income 2014: $1,1932014Revenue 2015: $24,954Expenses 2015: $21,005Net Income 2015: $3,9492015Revenue 2016: $17,753Expenses 2016: $26,016Net Income 2016: -$8,2632016Revenue 2017: $14,934Expenses 2017: $16,328Net Income 2017: -$1,3942017Revenue 2018: $16,529Expenses 2018: $16,391Net Income 2018: $1382018Revenue 2019: $14,615Expenses 2019: $15,000Net Income 2019: -$3852019

Highlighted filing

2015

Revenue$24,954
Expenses$21,005
Net Income$3,949
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Aug 2, 2016
Return Version
2015v2.1
Gross Receipts
$75,545
Mission and Program Overview

Mission

The goal of the billy knote foundation is to help a local family that has been or is suffering hardships through no fault of their own. Whether it was a sudden or tragic death, or an illness or disease that has caused terrible suffering, we do this to honor our friend billy knote's memory. We also honor the memory of all the wonderful people that we've spent 30 or more years working with on the long island rail road who passed away during the past year.

The goal of the billy knote foundation is to help a local family that has been or is suffering hardships through no fault of their own. Whether it was a sudden or tragic death, or an illness or disease that has caused terrible suffering. We do this to honor our friend billy knote's memory. We also honor all the wonderful people that we spent 30 or more years working with on the long island rail road. During 2012, the foundation established the sandy hook senior class fund to help benefit survivors of the sandy hook school tradgedy.

Program Services

DescriptionGrantsExpenses
THE BILLY KNOTE MEMORIAL FOUNDATION RAISES MONEY TO ASSITS, COMFORT, AND SHOW LOVE FOR A LONG ISLAND FAMILY WHO HAS SUFFERED HARDSHIPS DUE TO ILLNESS AND SUDDEN TRAGIC DEATH. THE FOUNDATION ALSO RASIES MONEY IN ORDER TO HONOR THE PEOPLE WORKING WITH THE LONG ISLAND RAILROAD OVER THE PAST 30 YEARS. THE SANDY HOOK SENIOR CLASS GIFT FUND WILL PROVIDE FUNDS TO EACH GRADE AFFECTED BY THE TRADEGEDY UPON ENTERING THEIR SENIOR YEAR OF SCHOOL.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
EDWARD KNOTETrustee-$0--
AMERICO FLAIBANChariman-$0--
KEVIN NEVILLETreasurer-$0--
Fundraising, Events, and Gaming

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Golf Event$63,907$48,560$8,100$40,460
Music Festival$11,625$2,031$1,316$715
Total Events$75,532$50,591$50,591$0
Filing and Contact Details

Filer

Filer Name
Billy Knote Memorial Foundation
EIN
45-2445980
Phone
6317863968
Address
370 N PARISH DRIVE, SOUTHOLD, NY 11971

Signing Officer

Name
Edward Knote
Title
Trustee
Phone
6317863968
Signed
2016-08-02
Discuss with paid preparer
Yes

Preparer

Firm
Cerini & Associates Llp
Address
3340 VETERANS MEMORIAL HIGHWAY, BOHEMIA, NY 11716
Preparer
Matt Burke
Phone
6315821600
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: interest income. Amount: 13.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: banner. Amount: 100. Description: taxes. Amount: 250. Description: advertising. Amount: 175. Description: supplies. Amount: 413. Description: program expense. Amount: 49. Total to form 990-ez, line 16: 987.

Raw XML Appendix168 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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IRS990EZ/PrimaryExemptPurposeTxt0THE GOAL OF THE BILLY KNOTE FOUNDATION IS TO HELP A LOCAL FAMILY THAT HAS BEEN OR IS SUFFERING HARDSHIPS THROUGH NO FAULT OF THEIR OWN. WHETHER IT WAS A SUDDEN OR TRAGIC DEATH, OR AN ILLNESS OR DISEASE THAT HAS CAUSED TERRIBLE SUFFERING. WE DO THIS TO HONOR OUR FRIEND BILLY KNOTE'S MEMORY. WE ALSO HONOR ALL THE WONDERFUL PEOPLE THAT WE SPENT 30 OR MORE YEARS WORKING WITH ON THE LONG ISLAND RAIL ROAD. DURING 2012, THE FOUNDATION ESTABLISHED THE SANDY HOOK SENIOR CLASS FUND TO HELP BENEFIT SURVIVORS OF THE SANDY HOOK SCHOOL TRADGEDY.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE BILLY KNOTE MEMORIAL FOUNDATION RAISES MONEY TO ASSITS, COMFORT, AND SHOW LOVE FOR A LONG ISLAND FAMILY WHO HAS SUFFERED HARDSHIPS DUE TO ILLNESS AND SUDDEN TRAGIC DEATH. THE FOUNDATION ALSO RASIES MONEY IN ORDER TO HONOR THE PEOPLE WORKING WITH THE LONG ISLAND RAILROAD OVER THE PAST 30 YEARS. THE SANDY HOOK SENIOR CLASS GIFT FUND WILL PROVIDE FUNDS TO EACH GRADE AFFECTED BY THE TRADEGEDY UPON ENTERING THEIR SENIOR YEAR OF SCHOOL.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INTEREST INCOME. AMOUNT: 13.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: BANNER. AMOUNT: 100. DESCRIPTION: TAXES. AMOUNT: 250. DESCRIPTION: ADVERTISING. AMOUNT: 175. DESCRIPTION: SUPPLIES. AMOUNT: 413. DESCRIPTION: PROGRAM EXPENSE. AMOUNT: 49. TOTAL TO FORM 990-EZ, LINE 16: 987.
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TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02016-12-15 16:53:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0EDWARD KNOTE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/PhoneNum06317863968
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-08-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0BILLY KNOTE MEMORIAL FOUNDATION
ReturnHeader/Filer/BusinessNameControlTxt0BILL
ReturnHeader/Filer/EIN0452445980
ReturnHeader/Filer/PhoneNum06317863968
ReturnHeader/Filer/USAddress/AddressLine1Txt0370 N PARISH DRIVE
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ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
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ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0113066459
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CERINI & ASSOCIATES LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt03340 VETERANS MEMORIAL HIGHWAY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BOHEMIA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd011716
ReturnHeader/PreparerPersonGrp/PhoneNum06315821600
ReturnHeader/PreparerPersonGrp/PreparationDt02016-07-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MATT BURKE
ReturnHeader/ReturnTs02016-08-02T10:14:33-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02015-01-01
ReturnHeader/TaxPeriodEndDt02015-12-31
ReturnHeader/TaxYr02015

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