Shawsheen Technical Scholarship Fund Inc

990EZ • Fiscal year 2020 • EIN 46-3844100

Jul 01, 2019 to Jun 30, 2020 • Filed on Nov 06, 2020

Organization Profile N/A

100 Cook StreetBillerica, MA 01821-5421

(781) 710-9959

Siviq Scores

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

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

0.00x

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

-1517%

Higher net margin than 1% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

Higher top officer pay than 76% of similar nonprofits.

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

2020 filings • 501(c)3 • <$500k nonprofits • Source year 2020

-5.2%

Faster asset growth than 33% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

-82%

Faster revenue growth than 8% of similar nonprofits.

2020 filings • 501(c)3 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet

Liabilities / Assets55th percentile

Assets

Down

$438,972

Down $23,914 (-5.2%) from 2019

Net Assets

Down

$438,972

Down $23,914 (-5.2%) from 2019

Liabilities

Flat

Flat from 2019

Revenue And Expenses

Liabilities / Revenue55th percentile Net Margin1st percentile

Revenue

Down

$1,576

Down $7,075 (-82%) from 2019

Expenses

Down

$25,490

Down $1,969 (-7.2%) from 2019

Net Income

Down

-$23,914

Down $5,106 (-27%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth33rd percentile

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

Highlighted filing

2020

Assets$438,972

Liabilities$0

Net Assets$438,972

Open 2020 Filing

Operations Trend

Revenue Growth8th percentile

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

Highlighted filing

2020

Revenue$1,576

Expenses$25,490

Net Income-$23,914

Open 2020 Filing

Jump To

Filing Snapshot

Filing Period: Jul 1, 2019 to Jun 30, 2020
Signed: Nov 6, 2020
Return Version: 2019v5.1
Gross Receipts: $116,208

Mission and Program Overview

Mission

To raise money for the purpose of funding educational endeavors, inclusive of scholarships for graduates of the shawsheen valley regional vocational technical school district.

Program Services

Description	Grants	Expenses
INVESTMENT INCOME USED TO PROVIDE SCHOLARSHIPS FOR STUDENTS	$0	$21,500

Compensation and Service Providers

Top Officer Pay76th percentile

Employees

Name	Title	Full / Part Time	Base	Other	Total
CHARLES H LYONS	President/Director	-	$0	-	-
ROBERT G PETERSON	Treasurer/Director	-	$0	-	-
JAMES M GILLIS	Director	-	$0	-	-
MELANIE L HAGMAN	Director	-	$0	-	-

Filing and Contact Details

Filer

Filer Name: Shawsheen Technical Scholarship Fundinc
EIN: 46-3844100
Phone: 7817109959
Address: 100 COOK STREET, BILLERICA, MA 01821-5421

Signing Officer

Name: Charles H Lyons
Title: President
Phone: 7817109959
Signed: 2020-11-06
Discuss with paid preparer: Yes

Preparer

Firm: Sean J Downey
Address: 707 MAIN STREET, WALTHAM, MA 02451-0609
Preparer: Sean J Downey
Phone: 7818941200

Supplemental Narrative

Additional Explanations

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

“Description: dividends and interest. Amount: 13,574.”

Form 990-ez, Part I, Line 10 - Grants and Similar Amounts Paid

“Activity classification: scholarships. Grantee name: 11 individual scholarships-names upon request. Grantee relationship: none. Property description: check. Method used to determine book value: cash value. Method used to determine fmv: cash value. Book value of property: 21,500. Date of gift: 06/30/19. Amount given: 21,500.”

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

“Description: state filing fees. Amount: 53. Description: investment quarterly fees. Amount: 2,937. Total to form 990-ez, line 16: 2,990.”

Raw XML Appendix167 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
IRS990EZ/ActivitiesNotPreviouslyRptInd	0	0
IRS990EZ/BooksInCareOfDetail/PersonNm	0	ROBERT G PETERSON
IRS990EZ/BooksInCareOfDetail/PhoneNum	0	7817109959
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt	0	100 COOK STREET
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm	0	BILLERICA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd	0	MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd	0	018215421
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt	0	462886
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt	0	438972
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd	0	0
IRS990EZ/CostOrOtherBasisExpenseSaleAmt	0	114632
IRS990EZ/DirectIndirectPltclExpendAmt	0	0
IRS990EZ/DonorAdvisedFndsInd	0	0
IRS990EZ/EngagedInExcessBenefitTransInd	0	0
IRS990EZ/ExcessOrDeficitForYearAmt	0	-23914
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt	0	1000
IRS990EZ/FiledScheduleAInd	0	1
IRS990EZ/ForeignFinancialAccountInd	0	0
IRS990EZ/ForeignOfficeInd	0	0
IRS990EZ/Form990TotalAssetsGrp/BOYAmt	0	462886
IRS990EZ/Form990TotalAssetsGrp/EOYAmt	0	438972
IRS990EZ/GainOrLossFromSaleOfAssetsAmt	0	-11998
IRS990EZ/GrantsAndSimilarAmountsPaidAmt	0	21500
IRS990EZ/GrossReceiptsAmt	0	116208
IRS990EZ/InfoInScheduleOPartIIIInd	0	X
IRS990EZ/InfoInScheduleOPartIInd	0	X
IRS990EZ/InfoInScheduleOPartVInd	0	X
IRS990EZ/LobbyingActivitiesInd	0	0
IRS990EZ/MadeLoansToFromOfficersInd	0	0
IRS990EZ/MethodOfAccountingAccrualInd	0	X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt	0	462886
IRS990EZ/NetAssetsOrFundBalancesEOYAmt	0	438972
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt	0	462886
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt	0	438972
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	0	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	1	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	2	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt	3	1.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	0	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	1	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	2	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt	3	0
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	0	CHARLES H LYONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	1	ROBERT G PETERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	2	JAMES M GILLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm	3	MELANIE L HAGMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	0	PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	1	TREASURER/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	2	DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt	3	DIRECTOR
IRS990EZ/OperateHospitalInd	0	0
IRS990EZ/Organization501c3Ind	0	X
IRS990EZ/OrganizationDissolvedEtcInd	0	0
IRS990EZ/OrganizationHadUBIInd	0	0
IRS990EZ/OtherChangesInNetAssetsAmt	0	0
IRS990EZ/OtherExpensesTotalAmt	0	2990
IRS990EZ/OtherRevenueTotalAmt	0	13574
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt	0	NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt	0	NONE
IRS990EZ/PoliticalCampaignActyInd	0	0
IRS990EZ/PrimaryExemptPurposeTxt	0	TO RAISE MONEY FOR THE PURPOSE OF FUNDING EDUCATIONAL ENDEAVORS, INCLUSIVE OF SCHOLARSHIPS FOR GRADUATES OF THE SHAWSHEEN VALLEY REGIONAL VOCATIONAL TECHNICAL SCHOOL DISTRICT.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt	0	INVESTMENT INCOME USED TO PROVIDE SCHOLARSHIPS FOR STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt	0	0
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt	0	21500
IRS990EZ/ProhibitedTaxShelterTransInd	0	0
IRS990EZ/RelatedOrganizationCtrlEntInd	0	0
IRS990EZ/SaleOfAssetsGrossAmt	0	102634
IRS990EZ/ScheduleBNotRequiredInd	0	X
IRS990EZ/SchoolOperatingInd	0	0
IRS990EZ/StatesWhereCopyOfReturnIsFldCd	0	MA
IRS990EZ/SubjectToProxyTaxInd	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt	0	0
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt	0	0
IRS990EZ/TanningServicesProvidedInd	0	0
IRS990EZ/TaxImposedOnOrganizationMgrAmt	0	0
IRS990EZ/TaxImposedUnderIRC4911Amt	0	0
IRS990EZ/TaxImposedUnderIRC4912Amt	0	0
IRS990EZ/TaxImposedUnderIRC4955Amt	0	0
IRS990EZ/TaxReimbursedByOrganizationAmt	0	0
IRS990EZ/TotalExpensesAmt	0	25490
IRS990EZ/TotalProgramServiceExpensesAmt	0	21500
IRS990EZ/TotalRevenueAmt	0	1576
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd	0	0
IRS990EZ/TypeOfOrganizationCorpInd	0	X
IRS990EZ/WebsiteAddressTxt	0	N/A
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt	0	0
IRS990ScheduleA/First5Years509Ind	0	X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt	0	73625
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt	0	76625
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt	0	44104
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt	0	194354
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt	0	13574
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt	0	11972
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt	0	25745
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt	0	51291
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt	0	50
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt	0	50
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt	0	13574
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt	0	11972
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt	0	25745
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt	0	51291
IRS990ScheduleA/PubliclySupportedOrg509a2Ind	0	X
IRS990ScheduleA/PublicSupportTotal509Amt	0	194404
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt	0	0
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt	0	0
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt	0	50
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt	0	73625
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt	0	76625
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt	0	44104
IRS990ScheduleA/Total509Grp/TotalAmt	0	194404
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt	0	13574
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt	0	12022
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt	0	99370
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt	0	76625
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt	0	44104
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt	0	245695
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	0	DESCRIPTION: DIVIDENDS AND INTEREST. AMOUNT: 13,574.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	1	ACTIVITY CLASSIFICATION: SCHOLARSHIPS. GRANTEE NAME: 11 INDIVIDUAL SCHOLARSHIPS-NAMES UPON REQUEST. GRANTEE RELATIONSHIP: NONE. PROPERTY DESCRIPTION: CHECK. METHOD USED TO DETERMINE BOOK VALUE: CASH VALUE. METHOD USED TO DETERMINE FMV: CASH VALUE. BOOK VALUE OF PROPERTY: 21,500. DATE OF GIFT: 06/30/19. AMOUNT GIVEN: 21,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt	2	DESCRIPTION: STATE FILING FEES. AMOUNT: 53. DESCRIPTION: INVESTMENT QUARTERLY FEES. AMOUNT: 2,937. TOTAL TO FORM 990-EZ, LINE 16: 2,990.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	0	FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	1	FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc	2	FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
TransferPrsnlBnftContractsDecl/DeclarationDesc	0	THE 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/BuildTS	0	2021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd	0	1
ReturnHeader/BusinessOfficerGrp/PersonNm	0	CHARLES H LYONS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt	0	PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum	0	7817109959
ReturnHeader/BusinessOfficerGrp/SignatureDt	0	2020-11-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt	0	SHAWSHEEN TECHNICAL SCHOLARSHIP FUNDINC
ReturnHeader/Filer/BusinessNameControlTxt	0	SHAW
ReturnHeader/Filer/EIN	0	463844100
ReturnHeader/Filer/PhoneNum	0	7817109959
ReturnHeader/Filer/USAddress/AddressLine1Txt	0	100 COOK STREET
ReturnHeader/Filer/USAddress/CityNm	0	BILLERICA
ReturnHeader/Filer/USAddress/StateAbbreviationCd	0	MA
ReturnHeader/Filer/USAddress/ZIPCd	0	018215421
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId	0	EE68E579F5FB3FE371BAD88BDA57FF807324FE8C
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId	0	32080A487438ED1B202FCE3134F3A03EF78AC7ED
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd	0	P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt	0	71.162.100.165
ReturnHeader/FilingSecurityInformation/IPDt	0	2020-11-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd	0	ES
ReturnHeader/FilingSecurityInformation/IPTm	0	15:23:22
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN	0	202805967
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt	0	SEAN J DOWNEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt	0	707 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm	0	WALTHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd	0	MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd	0	024510609
ReturnHeader/PreparerPersonGrp/PhoneNum	0	7818941200
ReturnHeader/PreparerPersonGrp/PreparationDt	0	2020-11-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm	0	SEAN J DOWNEY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd	0	X
ReturnHeader/ReturnTs	0	2020-11-12T13:29:06-06:00
ReturnHeader/ReturnTypeCd	0	990EZ
ReturnHeader/TaxPeriodBeginDt	0	2019-07-01
ReturnHeader/TaxPeriodEndDt	0	2020-06-30
ReturnHeader/TaxYr	0	2019

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing

Assets: $438,972
Liabilities: $0
Net assets: $438,972
Revenue: $1,576
Expenses: $25,490
Net income: -$23,914

	Balance Sheet			Operations
Year	Assets	Liabilities	Net Assets	Revenue	Expenses	Net Income
2025Detailed filing. Detailed filing data is available for this year.	$4.77	$0.00	$4.77	$0.32	$0.34	$0.02
2024Detailed filing. Detailed filing data is available for this year.	$4.79	$0.00	$4.79	$0.21	$0.36	$0.15
2023Detailed filing. Detailed filing data is available for this year.	$4.94	$0.00	$4.94	$0.40	$0.17	$0.22
2022Detailed filing. Detailed filing data is available for this year.	$4.72	$0.00	$4.72	$0.15	$0.27	$0.12
2021Detailed filing. Detailed filing data is available for this year.	$4.84	$0.00	$4.84	$0.74	$0.29	$0.45
2020Detailed filing. Detailed filing data is available for this year.	$4.39	$0.00	$4.39	$0.02	$0.25	$0.24
2019Detailed filing. Detailed filing data is available for this year.	$4.63	$0.00	$4.63	$0.09	$0.27	$0.19
2018Detailed filing. Detailed filing data is available for this year.	$4.96	$0.00	$4.96	$0.59	$0.26	$0.33
2017Detailed filing. Detailed filing data is available for this year.	$4.64	$0.00	$4.64	$0.60	$0.06	$0.54
2016Detailed filing. Detailed filing data is available for this year.	$3.01	$0.00	$3.01	$0.62	$0.73	$0.11