Civic Intelligence

Christopher J Morrissey Scholarship Foundation Inc.

990EZ • Fiscal year 2017 • EIN 45-3583910

Oct 01, 2016 to Sep 30, 2017 • Filed on Jan 17, 2018

103 Sanborn AvePoint Pleasant Beach, NJ 08742

(848) 241-3993

Siviq Scores

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

Liabilities / Assets

85th percentile

0.02x

Higher debt load relative to assets than 85% of similar nonprofits.

2017 filings • NTEE B82 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

91st percentile

0.14x

Higher debt load relative to revenue than 91% of similar nonprofits.

2017 filings • NTEE B82 • <$500k nonprofits • Source year 2017

Net Margin

8th percentile

-150%

Higher net margin than 8% of similar nonprofits.

2017 filings • NTEE B82 • <$500k nonprofits • Source year 2017

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

2017 filings • NTEE B82 • <$500k nonprofits • Source year 2017

Asset Growth

17th percentile

-14%

Faster asset growth than 17% of similar nonprofits.

2017 filings • NTEE B82 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

11th percentile

-52%

Faster revenue growth than 11% of similar nonprofits.

2017 filings • NTEE B82 • <$500k nonprofits • Annualized from 2016 to 2017

Assets

Down

$130,808

Down $21,347 (-14%) from 2016

Net Assets

Down

$128,648

Down $23,507 (-15%) from 2016

Liabilities

$2,160

No earlier filing loaded for comparison.

Revenue

Down

$15,658

Down $17,102 (-52%) from 2016

Expenses

Up

$39,165

Up $3,940 (+11%) from 2016

Net Income

Down

-$23,507

Down $21,042 (-854%) from 2016

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2012: $52,603Liabilities 2012: $02012Assets 2013: $69,014Liabilities 2013: $02013Assets 2014: $118,244Liabilities 2014: $02014Assets 2015: $154,620Net Assets 2015: $154,6202015Assets 2016: $152,155Net Assets 2016: $152,1552016Assets 2017: $130,808Liabilities 2017: $2,160Net Assets 2017: $128,6482017Assets 2018: $145,048Liabilities 2018: $10,435Net Assets 2018: $134,6132018Assets 2019: $182,498Liabilities 2019: $3,840Net Assets 2019: $178,6582019Assets 2020: $199,420Liabilities 2020: $02020Assets 2021: $211,299Net Assets 2021: $211,2992021Assets 2022: $184,637Liabilities 2022: $6,322Net Assets 2022: $178,3152022Assets 2023: $186,678Net Assets 2023: $186,6782023Assets 2025: $202,033Net Assets 2025: $202,0332025

Highlighted filing

2017

Assets$130,808
Liabilities$2,160
Net Assets$128,648

Operations Trend

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

$100K$50K$0-$50KRevenue 2012: $60,865Expenses 2012: $8,262Net Income 2012: $52,6032012Revenue 2013: $41,853Expenses 2013: $25,442Net Income 2013: $16,4112013Revenue 2014: $69,926Expenses 2014: $20,696Net Income 2014: $49,2302014Revenue 2015: $56,489Expenses 2015: $20,113Net Income 2015: $36,3762015Revenue 2016: $32,760Expenses 2016: $35,225Net Income 2016: -$2,4652016Revenue 2017: $15,658Expenses 2017: $39,165Net Income 2017: -$23,5072017Revenue 2018: $45,058Expenses 2018: $39,093Net Income 2018: $5,9652018Revenue 2019: $91,140Expenses 2019: $47,095Net Income 2019: $44,0452019Revenue 2020: $58,426Expenses 2020: $37,664Net Income 2020: $20,7622020Revenue 2021: $74,028Expenses 2021: $62,149Net Income 2021: $11,8792021Revenue 2022: $40,611Expenses 2022: $73,595Net Income 2022: -$32,9842022Revenue 2023: $68,142Expenses 2023: $59,779Net Income 2023: $8,3632023Revenue 2025: $65,875Expenses 2025: $58,088Net Income 2025: $7,7872025

Highlighted filing

2017

Revenue$15,658
Expenses$39,165
Net Income-$23,507
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
Jan 17, 2018
Return Version
2016v3.1
Gross Receipts
$20,781
Mission and Program Overview

Mission

To provide scholarships to high school seniors in memory of christopher j. Morrissey and to support familes and loved ones that have been affected by the loss of a child.

Program Services

DescriptionGrantsExpenses
SUPPORT FOR FAMILIES AND LOVED ONES WHO HAVE BEEN AFFECTED BY THE LOSS OF A CHILD.-$14,000
SERVICES SUCH AS GRIEF RETREATS AND THE "ANGELS WINGS" RETREAT FOR FAMILIES AND LOVED ONES THAT HAVE BEEN AFFECTED BY THE LOSS OF A CHILD.-$13,096
SCHOLARSHIPS TO HIGH SCHOOL SENIORS ATTENDING A FOUR YEAR INSTITUTION IN MEMORY OF CHRISTOPHER J. MORRISSEY AND SUPPORT TO HIGH SCHOOL ATHLETIC PROGRAMS.-$8,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOAN MORRISSEYPresidentPT$0--
JULIE STEWARTRecording SePT$0--
VERONICA GAILINGCorrespondinPT$0--
ALICE NAPOLITANOTreasurerPT$0--
Filing and Contact Details

Filer

Filer Name
Christopher J Morrissey Scholarship
EIN
45-3583910
Phone
8482413993
Address
103 SANBORN AVE, POINT PLEASANT BEACH, NJ 08742

Signing Officer

Name
Joan Morrissey
Title
President
Phone
7324587548
Signed
2018-01-17
Discuss with paid preparer
Yes

Preparer

Firm
Fallon & Larsen Llp
Address
1390 STATE ROUTE 36 STE 102, HAZLET, NJ 07730
Preparer
Marianne Caradonio
Phone
7328882070
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office expense 1,855 insurance 608 scholarships 8,000 donations 14,000 fees 762 "angels on wings" retreat 13,096 telephone 394 total 38,715

Form 990-ez, Part II, Line 24

Prepaid expenses and deferred charges 8,100 14,000 total 8,100 14,000

Form 990-ez, Part II, Line 26

DEFERRED REVENUE 0 2,160

Form 990-ez, Part III

To provide scholarships to high school seniors in memory of christopher j. Morrissey and to support familes and loved ones that have been affected by the loss of a child.

Raw XML Appendix165 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/ProgramServiceRevenueAmt0600
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE EXPENSE 1,855 INSURANCE 608 SCHOLARSHIPS 8,000 DONATIONS 14,000 FEES 762 "ANGELS ON WINGS" RETREAT 13,096 TELEPHONE 394 TOTAL 38,715
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1PREPAID EXPENSES AND DEFERRED CHARGES 8,100 14,000 TOTAL 8,100 14,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DEFERRED REVENUE 0 2,160
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3TO PROVIDE SCHOLARSHIPS TO HIGH SCHOOL SENIORS IN MEMORY OF CHRISTOPHER J. MORRISSEY AND TO SUPPORT FAMILES AND LOVED ONES THAT HAVE BEEN AFFECTED BY THE LOSS OF A CHILD.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 26
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART III
ReturnHeader/BuildTS02018-03-14 21:41:22Z
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ReturnHeader/BusinessOfficerGrp/PersonNm0JOAN MORRISSEY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07324587548
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-01-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CHRISTOPHER J MORRISSEY SCHOLARSHIP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0CHRI
ReturnHeader/Filer/EIN0453583910
ReturnHeader/Filer/PhoneNum08482413993
ReturnHeader/Filer/USAddress/AddressLine1Txt0103 SANBORN AVE
ReturnHeader/Filer/USAddress/CityNm0POINT PLEASANT BEACH
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01390 STATE ROUTE 36 STE 102
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0HAZLET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NJ
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd007730
ReturnHeader/PreparerPersonGrp/PhoneNum07328882070
ReturnHeader/PreparerPersonGrp/PreparationDt02018-01-26
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MARIANNE CARADONIO
ReturnHeader/ReturnTs02018-01-26T13:49:30-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02016-10-01
ReturnHeader/TaxPeriodEndDt02017-09-30
ReturnHeader/TaxYr02016

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Filings