Civic Intelligence

Eric M Laufer Charitable Trust

990EZ • Fiscal year 2020 • EIN 47-6657542

Sep 01, 2019 to Aug 31, 2020 • Filed on Jan 15, 2021

Organization ProfileN/A
20 E Center RdWest Seneca, NY 14224

(716) 912-1001

Siviq Scores

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

Liabilities / Assets

Score unavailable

No value available

Liabilities-to-assets requires both liabilities and assets on this filing.

Source year 2020

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on this filing.

Source year 2020

Net Margin

1st percentile

-19515%

Higher net margin than 1% of similar nonprofits.

2020 filings • NTEE B82 • <$500k nonprofits • Source year 2020

Top Officer Pay

94th percentile

$0

Higher top officer pay than 94% of similar nonprofits.

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

2020 filings • NTEE B82 • <$500k nonprofits • Source year 2020

Asset Growth

37th percentile

-4.1%

Faster asset growth than 37% of similar nonprofits.

2020 filings • NTEE B82 • <$500k nonprofits • Annualized from 2019 to 2020

Revenue Growth

5th percentile

-100%

Faster revenue growth than 5% of similar nonprofits.

2020 filings • NTEE B82 • <$500k nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / AssetsScore unavailable

Assets

Flat

$59,369

Flat from 2020

Net Assets

$59,369

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue And Expenses
Liabilities / RevenueScore unavailableNet Margin1st percentile

Revenue

Flat

$13

Flat from 2020

Expenses

Flat

$2,550

Flat from 2020

Net Income

Flat

-$2,537

Flat from 2020

Historical Trend

Balance Sheet Trend

Asset Growth37th percentile

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

$80K$60K$40K$20K$0Assets 2015: $63,996Net Assets 2015: $63,9962015Assets 2019: $61,906Net Assets 2019: $61,9062019Assets 2020: $59,369Net Assets 2020: $59,3692020Assets 2020: $59,369Liabilities 2020: $02020Assets 2021: $55,884Net Assets 2021: $55,8842021Assets 2022: $54,397Liabilities 2022: $02022Assets 2023: $50,218Liabilities 2023: $02023

Highlighted filing

2020

Assets$59,369
Liabilities-
Net Assets$59,369
Open 2020 Filing

Operations Trend

Revenue Growth5th percentile

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

$80K$60K$40K$20K$0-$20KRevenue 2015: $71,157Expenses 2015: $7,161Net Income 2015: $63,9962015Revenue 2019: $4,196Expenses 2019: $4,550Net Income 2019: -$3542019Revenue 2020: $13Expenses 2020: $2,550Net Income 2020: -$2,5372020Revenue 2020: $13Expenses 2020: $2,550Net Income 2020: -$2,5372020Revenue 2021: $15Expenses 2021: $3,500Net Income 2021: -$3,4852021Revenue 2022: $11Expenses 2022: $4,983Net Income 2022: -$4,9722022Revenue 2023: $11Expenses 2023: $4,190Net Income 2023: -$4,1792023

Highlighted filing

2020

Revenue$13
Expenses$2,550
Net Income-$2,537
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2019 to Aug 31, 2020
Signed
Jan 15, 2021
Return Version
2019v5.0
Gross Receipts
$13
Mission and Program Overview

Mission

In memory of eric m. Laufer,the trusts purpose is to support music students through scholarships and music education assistence.

In memory of eric m laufer, the trust's purpose is to support music students through scholarships and music education assistence.

Program Services

DescriptionGrantsExpenses
ADMINISTRATION OF TRUST FOR MUSIC EDUCATION.$2,500$2,500
ADMINISTRATION OF TRUST FOR MUSIC EDUCATION.--
Compensation and Service Providers
Top Officer Pay94th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
DAVID LAUFERTrustee-$0--
Filing and Contact Details

Filer

Filer Name
Eric M Laufer Charitable Trust
EIN
47-6657542
Phone
7169121001
Address
20 E CENTER RD, WEST SENECA, NY 14224

Signing Officer

Name
David Laufer
Title
Trustee
Signed
2021-01-15
Discuss with paid preparer
Yes

Preparer

Firm
Edward L Arcara CPA Pc
Address
465 FRANKLIN ST, BUFFALO, NY 14202-1301
Preparer
Edward F Hacherl CPA
Phone
7168842492
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

“Expenses nys char 500 fee 50 total 50”

Form 990-ez, Part III

“In memory of eric m laufer, the trust's purpose is to support music students through scholarships and music education assistence.”

Form 990-ez, Part III, Line 31

“Administration of trust for music education.”

Raw XML Appendix119 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/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BooksInCareOfDetail/PersonNm0DAVID LAUFER
IRS990EZ/BooksInCareOfDetail/PhoneNum07169121001
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt020 E CENTER RD
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WEST SENECA
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd014224
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt061906
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt059369
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt0-2537
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt061906
IRS990EZ/Form990TotalAssetsGrp/EOYAmt059369
IRS990EZ/GrantsAndSimilarAmountsPaidAmt02500
IRS990EZ/GrossReceiptsAmt013
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InvestmentIncomeAmt013
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt061906
IRS990EZ/NetAssetsOrFundBalancesEOYAmt059369
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt061906
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt059369
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0DAVID LAUFER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TRUSTEE
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt050
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0IN MEMORY OF ERIC M LAUFER, THE TRUST'S PURPOSE IS TO SUPPORT MUSIC STUDENTS THROUGH SCHOLARSHIPS AND MUSIC EDUCATION ASSISTENCE.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0ADMINISTRATION OF TRUST FOR MUSIC EDUCATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt1ADMINISTRATION OF TRUST FOR MUSIC EDUCATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt02500
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt02500
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt02550
IRS990EZ/TotalProgramServiceExpensesAmt02500
IRS990EZ/TotalRevenueAmt013
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationAssocInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt06268
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt06268
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt013
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt014522
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt017914
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt015674
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt048123
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt054391
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt013
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt014522
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt06268
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt017914
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt015674
IRS990ScheduleA/Total509Grp/TotalAmt054391
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt013
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt014522
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt06268
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt017914
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt015674
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt054391
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES NYS CHAR 500 FEE 50 TOTAL 50
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1IN MEMORY OF ERIC M LAUFER, THE TRUST'S PURPOSE IS TO SUPPORT MUSIC STUDENTS THROUGH SCHOLARSHIPS AND MUSIC EDUCATION ASSISTENCE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2ADMINISTRATION OF TRUST FOR MUSIC EDUCATION.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 31
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0DAVID LAUFER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TRUSTEE
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-01-15
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ERIC M LAUFER CHARITABLE TRUST
ReturnHeader/Filer/BusinessNameControlTxt0ERIC
ReturnHeader/Filer/EIN0476657542
ReturnHeader/Filer/PhoneNum07169121001
ReturnHeader/Filer/USAddress/AddressLine1Txt020 E CENTER RD
ReturnHeader/Filer/USAddress/CityNm0WEST SENECA
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd014224
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0272004914
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0EDWARD L ARCARA CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0465 FRANKLIN ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BUFFALO
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0142021301
ReturnHeader/PreparerPersonGrp/PhoneNum07168842492
ReturnHeader/PreparerPersonGrp/PreparationDt02021-02-08
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0EDWARD F HACHERL CPA
ReturnHeader/ReturnTs02021-02-18T07:42:23-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02019-09-01
ReturnHeader/TaxPeriodEndDt02020-08-31
ReturnHeader/TaxYr02019

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
$59,369
Liabilities
-
Net assets
$59,369
Revenue
$13
Expenses
$2,550
Net income
-$2,537
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$50.2$0.00$0.01$4.19$4.18
2022Summary only. Only limited summary data is available for this year.$54.4$0.00$0.01$4.98$4.97
2021Detailed filing. Detailed filing data is available for this year.$55.9$55.9$0.02$3.50$3.49
2020Detailed filing. Detailed filing data is available for this year.$59.4$59.4$0.01$2.55$2.54
2020Summary only. Only limited summary data is available for this year.$59.4$0.00$0.01$2.55$2.54
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.9$61.9$4.20$4.55$0.35
2015Detailed filing. Detailed filing data is available for this year.$64.0$64.0$71.2$7.16$64.0