Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
EIN 47-1506949 • 501(c)3 • Langhorne, PA
Profile
careers The primary purpose for forming the Danny DeGennaro Memorial Foundation is to create scholarships in memory of Danny DeGennaro in association with Bucks County Community College, and to assist in like minded causes to further the artistic careers of talented individuals. Two scholarships of 500 each were awarded to two s tudents for their studies in arts and music in 2024.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
90th percentile
Higher debt load relative to assets than 90% of similar nonprofits.
Liabilities / Revenue
85th percentile
Higher debt load relative to revenue than 85% of similar nonprofits.
Net Margin
62nd percentile
Higher net margin than 62% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
49th percentile
Faster asset growth than 49% of similar nonprofits.
Revenue Growth
31st percentile
Faster revenue growth than 31% of similar nonprofits.
Assets
Down$1,692
Down $43 (-2.5%) from 2023
Liabilities
Down$1,128
Down $945 (-46%) from 2023
Net Assets
Up$564
Up $902 (+267%) from 2023
Revenue
Down$8,214
Down $2,528 (-24%) from 2023
Expenses
Down$7,467
Down $1,663 (-18%) from 2023
Net Income
Down$747
Down $865 (-54%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
To establish and maintain a college scholarship program in music and arts for a local community college.
careers The primary purpose for forming the Danny DeGennaro Memorial Foundation is to create scholarships in memory of Danny DeGennaro in association with Bucks County Community College, and to assist in like minded causes to further the artistic careers of talented individuals. Two scholarships of 500 each were awarded to two s tudents for their studies in arts and music in 2024.
| Description | Grants | Expenses |
|---|---|---|
| The production of the Creative Inspiration Concert in April 2024. The culmination of the concert resulted in the award of two scholarships for students studying arts and music at Bucks County Community College. | $1,000 | - |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Edward Mero | President | PT | $0 | - | - |
| David M Hunter | Treasurer | PT | $0 | - | - |
| Jeffery Pine | Secretary | PT | $0 | - | - |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| BCCC Creative Inspiration | $4,182 | $4,182 | - | $4,182 |
| Total Events | $4,182 | $4,182 | $3,923 | $259 |
“Fundraising 1,000”
“Supplies 1,408”
“Bank Charges 145”
“Website - Rugby America 1,637”
“Loan Repayments 155”
“EIDL SBA Loan Beginning of year 2,073, End of year 1,128”
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 | false |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | David M Hunter |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 4434722114 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2692 Riverside Drive |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Wantagh |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 11793 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 1735 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 1692 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 7955 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 747 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 1735 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 1692 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 4182 |
| IRS990EZ/GrossReceiptsAmt | 0 | 12137 |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | -338 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 564 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | -338 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 564 |
| IRS990EZ/OccupancyRentUtltsAndMaintAmt | 0 | 1070 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 030.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 015.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 015.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | Edward Mero |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | David M Hunter |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | Jeffery Pine |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | President |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | Treasurer |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | Secretary |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 155 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 4190 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | careers The primary purpose for forming the Danny DeGennaro Memorial Foundation is to create scholarships in memory of Danny DeGennaro in association with Bucks County Community College, and to assist in like minded causes to further the artistic careers of talented individuals. Two scholarships of 500 each were awarded to two s tudents for their studies in arts and music in 2024. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 2207 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | The production of the Creative Inspiration Concert in April 2024. The culmination of the concert resulted in the award of two scholarships for students studying arts and music at Bucks County Community College. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 1000 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SpecialEventsDirectExpensesAmt | 0 | 3923 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 259 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | PA |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 2073 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 1128 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 7467 |
| IRS990EZ/TotalRevenueAmt | 0 | 8214 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | dannydegennaro.org |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 7955 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10600 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 8270 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 26825 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 26825 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 7955 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10600 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 8270 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 26825 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 26825 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleG/FundraisingEventInformationGrp/DirectExpenseSummaryEventsAmt | 0 | 3923 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | BCCC Creative Inspiration |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt | 0 | 1192 |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageTotalEventsAmt | 0 | 1192 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 4182 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 4182 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 4182 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 4182 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 259 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 2731 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFcltyCostsTotalEventsAmt | 0 | 2731 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Fundraising 1,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | Supplies 1,408 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | Bank Charges 145 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | Website - Rugby America 1,637 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | Loan Repayments 155 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | EIDL SBA Loan Beginning of year 2,073, End of year 1,128 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990-EZ, Part I, Line 16, Other Expenses |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990-EZ, Part I, Line 20, Net Assets |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990-EZ, Part II, Line 26, Liabilities |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | David M Hunter |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Treasurer |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 4434722114 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | Danny DeGennaro Memorial Foundation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | DANN |
| ReturnHeader/Filer/EIN | 0 | 471506949 |
| ReturnHeader/Filer/PhoneNum | 0 | 4434722114 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 1030 Buchanan Drive |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Langhorne |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 19047 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/ReturnTs | 0 | 2025-05-08T09:50:40-00:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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