Civic Intelligence

Bloomfield Scholarship Fund Inc

EIN 46-5632972 • 501(c)3 • Bloomfield, CT

Bloomfield, CT
Siviq Scores

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

Liabilities / Assets

60th percentile

0.00x

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

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

Liabilities / Revenue

62nd percentile

0.00x

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

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

Net Margin

14th percentile

-55%

Higher net margin than 14% of similar nonprofits.

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

Top Officer Pay

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

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

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

Asset Growth

13th percentile

-83%

Faster asset growth than 13% of similar nonprofits.

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

Revenue Growth

99th percentile

868%

Faster revenue growth than 99% of similar nonprofits.

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

Assets

Down

$18,713

Down $93,666 (-83%) from 2019

Liabilities

$0

No earlier filing loaded for comparison.

Net Assets

Down

$18,713

Down $93,666 (-83%) from 2019

Revenue

Up

$171,347

Up $153,640 (+868%) from 2019

Expenses

Up

$265,013

Up $237,398 (+860%) from 2019

Net Income

Down

-$93,666

Down $83,758 (-845%) from 2019

Trend Graphs

Balance Sheet Trend

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

$150K$100K$50K$0Assets 2015: $131,221Liabilities 2015: $0Net Assets 2015: $131,2212015Assets 2016: $135,381Liabilities 2016: $02016Assets 2017: $118,387Liabilities 2017: $02017Assets 2018: $122,288Liabilities 2018: $02018Assets 2019: $112,379Net Assets 2019: $112,3792019Assets 2020: $18,713Liabilities 2020: $0Net Assets 2020: $18,7132020

Highlighted filing

2020

Assets$18,713
Liabilities$0
Net Assets$18,713

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2015: $146,762Expenses 2015: $15,541Net Income 2015: $131,2212015Revenue 2016: $28,133Expenses 2016: $23,973Net Income 2016: $4,1602016Revenue 2017: $5,053Expenses 2017: $22,047Net Income 2017: -$16,9942017Revenue 2018: $27,234Expenses 2018: $23,335Net Income 2018: $3,8992018Revenue 2019: $17,707Expenses 2019: $27,615Net Income 2019: -$9,9082019Revenue 2020: $171,347Expenses 2020: $265,013Net Income 2020: -$93,6662020

Highlighted filing

2020

Revenue$171,347
Expenses$265,013
Net Income-$93,666

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2020 to Dec 31, 2020
Signed
May 7, 2021
Return Version
2020v4.0
Gross Receipts
$274,397
Mission and Program Overview

Mission

To provide financial assistance to bloomfield, ct residents who have finished high school and wish to attend an institution of higher learning.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$103,050--
Cash and Non-Interest-Bearing Accounts$5,533$18,713▲ $13,180
Savings and Temporary Cash Investments$3,796--
Total Assets$112,379$18,713▼ $93,666
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$112,379$18,713▼ $93,666
Total Net Assets Fund Balance$112,379$18,713▼ $93,666
Total Liabilities and Net Assets / Fund Balance$112,379$18,713▼ $93,666
Compensation and Service Providers

Board Members and Trustees

NameTitle
Allan ThompsonDirector
Marjorie K BeckerVP/sec/Director
Dolph F BeckerPres/treas/d
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$168,597
Other Revenue
$2,750
Change in Net Assets
$-93,666
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$265,013
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Expenses$263,300--$263,300
Fees for Service Investment Mgmnt Fees-$1,470-$1,470
Office Expenses-$243-$243
Total Functional Expenses$263,300$1,713$0$265,013
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
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

Form 990, Page 6, Part VI, Line 2

Dolph f. Becker marjorie k. Becker pres/treas vp/sec husband and wife

Form 990, Page 6, Part VI, Line 11B

No review was or will be conducted

Form 990, Page 6, Part VI, Line 19

Available upon request at organization's office.

Filing and Contact Details

Filer

Filer Name
The Bloomfield Scholarship Fundinc
EIN
46-5632972
Address
PO BOX 234, BLOOMFIELD, CT 06002

Signing Officer

Name
Dolph F Becker
Title
Pres/treas/Director
Phone
8602430376
Signed
2021-05-07

Organization Details

Principal Officer
Dolph F Becker
Formed
2014
Legal Domicile
Ct
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
Milluzzo & Company Pc
Address
182 KELSEY STREET, NEWINGTON, CT 06111
Preparer
Richard S Milluzzocpa
Phone
8606679991
Raw XML Appendix243 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2AVAILABLE UPON REQUEST AT ORGANIZATION'S OFFICE.
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ReturnHeader/BuildTS02022-09-23 18:48:47Z
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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRES/TREAS/DIR
ReturnHeader/BusinessOfficerGrp/PhoneNum08602430376
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-05-07
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE BLOOMFIELD SCHOLARSHIP FUNDINC
ReturnHeader/Filer/BusinessNameControlTxt0BLOO
ReturnHeader/Filer/EIN0465632972
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ReturnHeader/PreparerPersonGrp/PreparationDt02021-05-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0RICHARD S MILLUZZOCPA
ReturnHeader/ReturnTs02021-05-12T14:48:46-05:00
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ReturnHeader/TaxPeriodBeginDt02020-01-01
ReturnHeader/TaxPeriodEndDt02020-12-31
ReturnHeader/TaxYr02020

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