Civic Intelligence

Shawsheen Technical Scholarship Fund Inc

990EZ • Fiscal year 2021 • EIN 46-3844100

Jul 01, 2020 to Jun 30, 2021 • Filed on Nov 19, 2021

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.

Liabilities / Assets

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Liabilities / Revenue

56th percentile

0.00x

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Net Margin

90th percentile

61%

Higher net margin than 90% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

56th percentile

10%

Faster asset growth than 56% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

99th percentile

4569%

Faster revenue growth than 99% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Up

$483,683

Up $44,711 (+10%) from 2020

Net Assets

Up

$483,683

Up $44,711 (+10%) from 2020

Liabilities

Flat

$0

Flat from 2020

Revenue

Up

$73,580

Up $72,004 (+4569%) from 2020

Expenses

Up

$28,869

Up $3,379 (+13%) from 2020

Net Income

Up

$44,711

Up $68,625 (+287%) from 2020

Historical Trend

Balance Sheet Trend

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

$600K$400K$200K$0Assets 2016: $301,162Liabilities 2016: $280Net Assets 2016: $300,8822016Assets 2017: $463,837Liabilities 2017: $0Net Assets 2017: $463,8372017Assets 2018: $496,477Liabilities 2018: $0Net Assets 2018: $496,4772018Assets 2019: $462,886Liabilities 2019: $0Net Assets 2019: $462,8862019Assets 2020: $438,972Liabilities 2020: $0Net Assets 2020: $438,9722020Assets 2021: $483,683Liabilities 2021: $0Net Assets 2021: $483,6832021Assets 2022: $471,669Liabilities 2022: $0Net Assets 2022: $471,6692022Assets 2023: $494,085Liabilities 2023: $0Net Assets 2023: $494,0852023Assets 2024: $479,414Liabilities 2024: $0Net Assets 2024: $479,4142024Assets 2025: $477,092Liabilities 2025: $0Net Assets 2025: $477,0922025

Highlighted filing

2021

Assets$483,683
Liabilities$0
Net Assets$483,683

Operations Trend

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

$100K$50K$0-$50KRevenue 2016: $61,970Expenses 2016: $73,036Net Income 2016: -$11,0662016Revenue 2017: $60,036Expenses 2017: $6,321Net Income 2017: $53,7152017Revenue 2018: $59,010Expenses 2018: $26,370Net Income 2018: $32,6402018Revenue 2019: $8,651Expenses 2019: $27,459Net Income 2019: -$18,8082019Revenue 2020: $1,576Expenses 2020: $25,490Net Income 2020: -$23,9142020Revenue 2021: $73,580Expenses 2021: $28,869Net Income 2021: $44,7112021Revenue 2022: $15,436Expenses 2022: $27,450Net Income 2022: -$12,0142022Revenue 2023: $39,516Expenses 2023: $17,100Net Income 2023: $22,4162023Revenue 2024: $21,042Expenses 2024: $35,713Net Income 2024: -$14,6712024Revenue 2025: $32,133Expenses 2025: $34,455Net Income 2025: -$2,3222025

Highlighted filing

2021

Revenue$73,580
Expenses$28,869
Net Income$44,711
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Nov 19, 2021
Return Version
2020v4.1
Gross Receipts
$128,452
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

DescriptionGrantsExpenses
INVESTMENT INCOME USED TO PROVIDE SCHOLARSHIPS FOR STUDENTS$0$28,869
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHARLES H LYONSPresident/Director-$0--
ROBERT G PETERSONTreasurer/Director-$0--
JAMES M GILLISDirector-$0--
MELANIE L HAGMANDirector-$0--
Filing and Contact Details

Filer

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

Signing Officer

Name
Charles H Lyons
Title
President
Phone
7817109959
Signed
2021-11-19
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: 12,172.

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: 24,500. Date of gift: 06/30/21. Amount given: 24,500.

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

Description: state filing fees. Amount: 53. Description: investment quarterly fees. Amount: 3,316. Total to form 990-ez, line 16: 3,369.

Raw XML Appendix178 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/OfficerDirectorTrusteeEmplGrp/PersonNm0CHARLES H LYONS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1ROBERT G PETERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2JAMES M GILLIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3MELANIE L HAGMAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER/DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt03369
IRS990EZ/OtherRevenueTotalAmt012172
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0TO 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/DescriptionProgramSrvcAccomTxt0INVESTMENT INCOME USED TO PROVIDE SCHOLARSHIPS FOR STUDENTS
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/SchoolOperatingInd00
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IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0279868
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DIVIDENDS AND INTEREST. AMOUNT: 12,172.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1ACTIVITY 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: 24,500. DATE OF GIFT: 06/30/21. AMOUNT GIVEN: 24,500.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: STATE FILING FEES. AMOUNT: 53. DESCRIPTION: INVESTMENT QUARTERLY FEES. AMOUNT: 3,316. TOTAL TO FORM 990-EZ, LINE 16: 3,369.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
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/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0CHARLES H LYONS
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07817109959
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-11-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHAWSHEEN TECHNICAL SCHOLARSHIP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND INC
ReturnHeader/Filer/BusinessNameControlTxt0SHAW
ReturnHeader/Filer/EIN0463844100
ReturnHeader/Filer/PhoneNum07817109959
ReturnHeader/Filer/USAddress/AddressLine1Txt0100 COOK STREET
ReturnHeader/Filer/USAddress/CityNm0BILLERICA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd0018215421
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0202805967
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0SEAN J DOWNEY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0707 MAIN STREET
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0WALTHAM
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0024510609
ReturnHeader/PreparerPersonGrp/PhoneNum07818941200
ReturnHeader/PreparerPersonGrp/PreparationDt02021-11-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SEAN J DOWNEY
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02021-12-03T10:18:47-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHARLES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0LYONS
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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Filings