Civic Intelligence

Caroline Previdi Foundation

EIN 46-2585069 • 501(c)3 • Newtown, CT

Profile

Provide scholarships for children to participate in activities who need financial assistance.

PO Box 3482Newtown, CT 06470

www.carolineprevidifoundation.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Higher debt load relative to assets than 19% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Higher debt load relative to revenue than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

70th percentile

17%

Higher net margin than 70% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

40th percentile

$0

Higher top officer pay than 40% of similar nonprofits.

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

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

58th percentile

6.3%

Faster asset growth than 58% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

50%

Faster revenue growth than 83% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,282,926

Up $76,202 (+6.3%) from 2023

Liabilities

Down

$10

Down $82 (-89%) from 2023

Net Assets

Up

$1,282,916

Up $76,284 (+6.3%) from 2023

Revenue

Up

$243,916

Up $80,838 (+50%) from 2023

Expenses

Up

$201,259

Up $56,539 (+39%) from 2023

Net Income

Up

$42,657

Up $24,299 (+132%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2013: $92,307Liabilities 2013: $0Net Assets 2013: $92,3072013Assets 2014: $191,472Liabilities 2014: $0Net Assets 2014: $191,4722014Assets 2015: $358,646Liabilities 2015: $353Net Assets 2015: $358,2932015Assets 2016: $465,319Liabilities 2016: $178Net Assets 2016: $465,1412016Assets 2017: $606,476Liabilities 2017: $3,162Net Assets 2017: $603,3142017Assets 2018: $650,474Liabilities 2018: $133Net Assets 2018: $650,3412018Assets 2019: $825,801Liabilities 2019: $329Net Assets 2019: $825,4722019Assets 2020: $967,238Liabilities 2020: $34Net Assets 2020: $967,2042020Assets 2021: $1,163,005Liabilities 2021: $10Net Assets 2021: $1,162,9952021Assets 2022: $1,067,912Liabilities 2022: $18Net Assets 2022: $1,067,8942022Assets 2023: $1,206,724Liabilities 2023: $92Net Assets 2023: $1,206,6322023Assets 2024: $1,282,926Liabilities 2024: $10Net Assets 2024: $1,282,9162024

Highlighted filing

2024

Assets$1,282,926
Liabilities$10
Net Assets$1,282,916

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0Revenue 2013: $93,025Expenses 2013: $718Net Income 2013: $92,3072013Revenue 2014: $111,618Expenses 2014: $12,428Net Income 2014: $99,1902014Revenue 2015: $174,583Expenses 2015: $25,137Net Income 2015: $149,4462015Revenue 2016: $125,494Expenses 2016: $28,818Net Income 2016: $96,6762016Revenue 2017: $140,526Expenses 2017: $31,404Net Income 2017: $109,1222017Revenue 2018: $131,632Expenses 2018: $43,246Net Income 2018: $88,3862018Revenue 2019: $156,043Expenses 2019: $51,325Net Income 2019: $104,7182019Revenue 2020: $131,680Expenses 2020: $36,170Net Income 2020: $95,5102020Revenue 2021: $171,423Expenses 2021: $71,742Net Income 2021: $99,6812021Revenue 2022: $176,143Expenses 2022: $114,307Net Income 2022: $61,8362022Revenue 2023: $163,078Expenses 2023: $144,720Net Income 2023: $18,3582023Revenue 2024: $243,916Expenses 2024: $201,259Net Income 2024: $42,6572024

Highlighted filing

2024

Revenue$243,916
Expenses$201,259
Net Income$42,657

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Apr 17, 2025
Return Version
2024v5.1
Gross Receipts
$419,874
Mission and Program Overview

Mission

Provide scholarships for children to participate in activities who need financial assistance.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,100,092$1,203,454▲ $103,362
Cash and Non-Interest-Bearing Accounts$101,271$73,151▼ $28,120
Inventories for Sale or Use$5,361$6,321▲ $960
Savings and Temporary Cash Investments$0$0→ $0
Accounts Receivable$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Prepaid Expenses and Deferred Charges$0$0→ $0
Total Assets$1,206,724$1,282,926▲ $76,202
Other Assets Total$0$0→ $0
Liabilities
Other Liabilities$92$10▼ $82
Accounts Payable and Accrued Expenses$0$0→ $0
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$92$10▼ $82
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,206,632$1,282,916▲ $76,284
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$1,206,632$1,282,916▲ $76,284
Total Liabilities and Net Assets / Fund Balance$1,206,724$1,282,926▲ $76,202
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sandy PrevidiPresident
Jeff PrevidiVice President
Jane CasantaDirector
Julie CraterDirector
KC IhlefeldSecretary
Eugene Previdi IIITreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$123,798
Program Service Revenue
$0
Investment Income
$119,736
Other Revenue
$382
All Other Contributions
$123,798
Change in Net Assets
$42,657
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$195,090
Other Expenses$6,169
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$195,090--$195,090
Fees for Services Accounting$2,805--$2,805
Advertising$1,760--$1,760
All Other Expenses$166--$166
Other Expenses$100--$100
Office Expenses$22--$22
Total Functional Expenses$201,259$0$0$201,259
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
CT Dream Basketball ClubNaugatuck, CT-Scholarships$29,200
YMCA of Western ConnecticutBrookfield, CT-Scholarships$16,509
Bluefish Travel BaseballStratford, CT-Scholarships$15,800
The Batting CageBridgeport, CT-Scholarships$10,200
Gymnastics RevolutionBrookfield, CT-Scholarships$8,831
Danbury Sports DomeDanbury, CT-Scholarships$6,895
Fairfield County Captains LLCTrumbull, CT-Scholarships$6,600
Beehive Children's CenterNew Milford, CT-Scholarships$5,428
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Sales Tax Payable$10
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
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

Part VI Line 11B

Organization's Process to Review Form 990: The completed form 990 was reviewed by the organization's president and board of directors prior to filing.

Filing and Contact Details

Filer

Filer Name
Caroline Previdi Foundation
EIN
46-2585069
In Care Of
% GENE PREVIDI
Phone
2038309144
Address
PO Box 3482, Newtown, CT 06470

Signing Officer

Name
Sandy Previdi
Title
President
Phone
2038309144
Signed
2025-04-17
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sandy Previdi
Formed
2013
Legal Domicile
Ct
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
20

Preparer

Firm
Nanavaty Davenport Studley White
Address
123 South Main St Suite 140, Newtown, CT 06470
Preparer
Christopher G Farrington
Phone
2034268500
Raw XML AppendixShowing 400 of 499 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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IRS990/Form990PartVIISectionAGrp/PersonNm1Jeff Previdi
IRS990/Form990PartVIISectionAGrp/PersonNm2Eugene Previdi III
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IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt2CT Dream Basketball Club
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt3Danbury Sports Dome
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt4The Batting Cage
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt5Fairfield County Captains LLC
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IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt7Beehive Children's Center
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IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt325 Shelter Rock Lane
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