Civic Intelligence

Cranwell Foundation Inc

EIN 46-3501305 • 501(c)3 • Manhasset, NY

Profile

The foundation provides scholarships for eligible students to attend pre-school, elementary, high school, or college when, due to financial hardship, enrollment and matriculation in their academic institution of choice would not be financially possible.

280 Nassau AveManhasset, NY 11030

www.cranwellfoundation.com

Siviq Scores

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

Liabilities / Assets

59th percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2017

Liabilities / Revenue

61st percentile

0.00x

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

501(c)3 • <$500k nonprofits • Source year 2017

Net Margin

93rd percentile

63%

Higher net margin than 93% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

99th percentile

1046%

Faster asset growth than 99% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Revenue Growth

87th percentile

59%

Faster revenue growth than 87% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2016 to 2017

Balance Sheet
Liabilities / Assets59th percentile

Assets

Up

$62,823

Up $57,343 (+1046%) from 2016

Liabilities

Flat

$0

Flat from 2016

Net Assets

Up

$62,823

Up $57,343 (+1046%) from 2016

Operations
Liabilities / Revenue61st percentileNet Margin93rd percentile

Revenue

Up

$90,511

Up $33,428 (+59%) from 2016

Expenses

Down

$33,168

Down $35,532 (-52%) from 2016

Net Income

Up

$57,343

Up $68,960 (+594%) from 2016

Trend Graphs

Balance Sheet Trend

Asset Growth99th percentile

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

$80K$60K$40K$20K$0Assets 2013: $1Liabilities 2013: $0Net Assets 2013: $02013Assets 2015: $17,097Liabilities 2015: $0Net Assets 2015: $17,0972015Assets 2016: $5,480Liabilities 2016: $0Net Assets 2016: $5,4802016Assets 2017: $62,823Liabilities 2017: $0Net Assets 2017: $62,8232017

Highlighted filing

2017

Assets$62,823
Liabilities$0
Net Assets$62,823
Open 2017 Filing

Operations Trend

Revenue Growth87th percentile

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

$100K$50K$0-$50KRevenue 2013: $0Expenses 2013: $0Net Income 2013: $02013Revenue 2015: $97,221Expenses 2015: $80,124Net Income 2015: $17,0972015Revenue 2016: $57,083Expenses 2016: $68,700Net Income 2016: -$11,6172016Revenue 2017: $90,511Expenses 2017: $33,168Net Income 2017: $57,3432017

Highlighted filing

2017

Revenue$90,511
Expenses$33,168
Net Income$57,343
Open 2017 Filing

Filings

Most recent year

2017 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$62,823
Liabilities
$0
Net assets
$62,823
Revenue
$90,511
Expenses
$33,168
Net income
$57,343
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2017Detailed filing. Detailed filing data is available for this year.$62.8$0.00$62.8$90.5$33.2$57.3
2016Detailed filing. Detailed filing data is available for this year.$5.48$0.00$5.48$57.1$68.7$11.6
2015Detailed filing. Detailed filing data is available for this year.$17.1$0.00$17.1$97.2$80.1$17.1
2013Summary only. Only limited summary data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
Apr 6, 2018
Return Version
2017v2.2
Gross Receipts
$90,511
Mission and Program Overview

Mission

The foundation provides scholarships for eligible students to attend pre-school, elementary, high school, or college when, due to financial hardship, enrollment and matriculation in their academic institution of choice would not be financially possible.

Scholarship program under which the foundation provides scholarships for eligible students to attend pre-school, elementary, high school, or college when, due to financial hardship, enrollment and matriculation in their academic institution of choice would not be possible (the "general scholarship" program).

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$5,480$62,823▲ $57,343
Rtn Earn Endowment Incm Other Fnds$5,480$62,823▲ $57,343
Pd in Cap Srpls Land Bldg Eqp Fund$0$0→ $0
Cap Stk Tr Prin Current Funds$0$0→ $0
Total Assets$5,480$62,823▲ $57,343
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Total Net Assets Fund Balance$5,480$62,823▲ $57,343
Total Liabilities and Net Assets / Fund Balance$5,480$62,823▲ $57,343
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Frank BicePresident
Timothy WelshDirector
ROBERT O'CONNELLSecretary
Shawn KelleyTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$90,511
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$90,511
Change in Net Assets
$57,343
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$32,803
Other Expenses$365
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$32,803--$32,803
Fees for Services Other-$365-$365
Total Functional Expenses$32,803$365$0$33,168
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8A

“The organization provides a copy of the 990 to each board member via email in pdf format. Each member reviews and approves the 990.”

Form 990, Part VI, Section A, Line 8B

“The organization provides a copy of the 990 to each board member via email in pdf format. Each member reviews and approves the 990.”

Form 990, Part VI, Section B, Line 11B

“The organization provides a copy of the 990 to each board member via email in pdf format. Each member reviews and approves the 990.”

Form 990, Part VI, Section B, Line 12C

“All board members agree to notify management when any conflict of interest arises.”

Form 990, Part VI, Section C, Line 19

“The organizations governing documents, and financial statements are available on guidestar, reported to nys, and are also available upon request.”

Filing and Contact Details

Filer

Filer Name
The Cranwell Foundation Inc
EIN
46-3501305
Phone
5165104463
Address
280 NASSAU AVE, MANHASSET, NY 11030

Signing Officer

Name
Frank Bice
Title
President
Phone
5165104463
Signed
2018-04-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Frank Bice
Formed
2013
Legal Domicile
Ny
Voting Board Members
4
Independent Board Members
4
Employees
0
Volunteers
4

Preparer

Firm
Marks Paneth Llp
Address
88 FROEHLICH FARM BLVD, WOODBURY, NY 11797
Preparer
Kurt Kiess
Phone
5169925900
Raw XML Appendix289 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
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IRS990/Form990ProvidedToGvrnBodyInd01
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IRS990/MethodOfAccountingCashInd0X
IRS990/MinutesOfCommitteesInd00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION PROVIDES A COPY OF THE 990 TO EACH BOARD MEMBER VIA EMAIL IN PDF FORMAT. EACH MEMBER REVIEWS AND APPROVES THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION PROVIDES A COPY OF THE 990 TO EACH BOARD MEMBER VIA EMAIL IN PDF FORMAT. EACH MEMBER REVIEWS AND APPROVES THE 990.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL BOARD MEMBERS AGREE TO NOTIFY MANAGEMENT WHEN ANY CONFLICT OF INTEREST ARISES.
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ReturnHeader/PreparerPersonGrp/PreparerPersonNm0KURT KIESS
ReturnHeader/ReturnTs02018-04-17T13:36:51-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.