Civic Intelligence

Connestee Falls Student Scholarship Program

990EZ • Fiscal year 2022 • EIN 56-2069663

Jan 01, 2022 to Dec 31, 2022 • Filed on Feb 11, 2023

33 Connestee TrailBrevard, NC 28712

(828) 885-2001

Siviq Scores

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

Liabilities / Assets

91st percentile

0.16x

Higher debt load relative to assets than 91% of similar nonprofits.

2022 filings • NTEE B82 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

88th percentile

0.13x

Higher debt load relative to revenue than 88% of similar nonprofits.

2022 filings • NTEE B82 • <$500k nonprofits • Source year 2022

Net Margin

41st percentile

0.6%

Higher net margin than 41% of similar nonprofits.

2022 filings • NTEE B82 • <$500k nonprofits • Source year 2022

Top Officer Pay

95th percentile

$0

Higher top officer pay than 95% of similar nonprofits.

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

2022 filings • NTEE B82 • <$500k nonprofits • Source year 2022

Asset Growth

75th percentile

19%

Faster asset growth than 75% of similar nonprofits.

2022 filings • NTEE B82 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

64th percentile

23%

Faster revenue growth than 64% of similar nonprofits.

2022 filings • NTEE B82 • <$500k nonprofits • Annualized from 2021 to 2022

Assets

Up

$143,543

Up $22,435 (+19%) from 2021

Net Assets

Up

$121,043

Up $11,025 (+10%) from 2021

Liabilities

Up

$22,500

Up $11,410 (+103%) from 2021

Revenue

Up

$172,632

Up $31,828 (+23%) from 2021

Expenses

Up

$171,559

Up $31,838 (+23%) from 2021

Net Income

Down

$1,073

Down $10 (-0.9%) from 2021

Historical Trend

Balance Sheet Trend

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

$400K$300K$200K$100K$0Assets 2011: $2,627Liabilities 2011: $02011Assets 2012: $3,605Liabilities 2012: $02012Assets 2013: $2,927Liabilities 2013: $02013Assets 2014: $3,832Liabilities 2014: $02014Assets 2015: $3,242Liabilities 2015: $02015Assets 2016: $4,732Liabilities 2016: $02016Assets 2017: $4,797Liabilities 2017: $205Net Assets 2017: $4,5922017Assets 2018: $91,632Liabilities 2018: $3,965Net Assets 2018: $87,6672018Assets 2019: $97,887Liabilities 2019: $3,449Net Assets 2019: $94,4382019Assets 2020: $108,192Liabilities 2020: $4,2572020Assets 2021: $121,108Liabilities 2021: $11,090Net Assets 2021: $110,0182021Assets 2022: $143,543Liabilities 2022: $22,500Net Assets 2022: $121,0432022Assets 2023: $306,537Liabilities 2023: $0Net Assets 2023: $306,5372023

Highlighted filing

2022

Assets$143,543
Liabilities$22,500
Net Assets$121,043

Operations Trend

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

$300K$200K$100K$0-$100KRevenue 2011: $31,332Expenses 2011: $0Net Income 2011: $31,3322011Revenue 2012: $50,775Expenses 2012: $0Net Income 2012: $50,7752012Revenue 2013: $55,667Expenses 2013: $56,345Net Income 2013: -$6782013Revenue 2014: $66,280Expenses 2014: $65,375Net Income 2014: $9052014Revenue 2015: $81,159Expenses 2015: $16,749Net Income 2015: $64,4102015Revenue 2016: $99,057Expenses 2016: $97,927Net Income 2016: $1,1302016Revenue 2017: $111,202Expenses 2017: $111,342Net Income 2017: -$1402017Revenue 2018: $130,080Expenses 2018: $129,842Net Income 2018: $2382018Revenue 2019: $136,560Expenses 2019: $135,789Net Income 2019: $7712019Revenue 2020: $111,297Expenses 2020: $111,800Net Income 2020: -$5032020Revenue 2021: $140,804Expenses 2021: $139,721Net Income 2021: $1,0832021Revenue 2022: $172,632Expenses 2022: $171,559Net Income 2022: $1,0732022Revenue 2023: $212,901Expenses 2023: $27,407Net Income 2023: $185,4942023

Highlighted filing

2022

Revenue$172,632
Expenses$171,559
Net Income$1,073
Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Feb 11, 2023
Return Version
2022v4.1
Gross Receipts
$172,632
Mission and Program Overview

Mission

SCHOLARSHIPS

Program Services

DescriptionGrantsExpenses
SCHOLARSHIPS-$150,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRUCE WINFIELDChairpersonPT$0--
WILL TOSCANITreasurerPT$0--
ANDREA JANZENDirector-$0--
SARAH HYSONGDirector-$0--
Filing and Contact Details

Filer

Filer Name
Connestee Falls Student Scholarship Program
EIN
56-2069663
Phone
8288852001
Address
33 CONNESTEE TRAIL, Brevard, NC 28712

Signing Officer

Name
William Toscani
Title
Treasurer
Phone
8288852001
Signed
2023-02-11
Discuss with paid preparer
Yes

Preparer

Firm
William Toscani
Address
PO BOX 240, CEDAR MOUNTAIN, NC 28718
Preparer
William a Toscani
Phone
8288855015
Supplemental Narrative

Additional Explanations

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

Conferences, conventions, and meetings 150

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

Events 7,146

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

Postage/Printing 1,762

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

License Fees 1,717

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

Bank fees 392

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

NC Solicitation Licenses 100

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

Scholarships 150,000

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

Insurance 707

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

Silent Auction Fee 5,893

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

Office Supplies 192

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

Website 3,500

Form 990-EZ, Part I, Line 20, Net Assets

ENDOWMENT 10,000

Form 990-EZ, Part II, Line 24, Other Assets

ENDOWMENT Beginning of year 103,782, End of year 118,782

Form 990-EZ, Part II, Line 26, Liabilities

Deferred Revenue Beginning of year 11,090, End of year 22,500

Raw XML Appendix176 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
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IRS990EZ/BooksInCareOfDetail/PersonNm0WILL TOSCANI
IRS990EZ/BooksInCareOfDetail/PhoneNum08288855015
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0157 TSATAGA CT
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0BREVARD
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NC
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd028712
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt017278
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt024761
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IRS990EZ/ContributionsGiftsGrantsEtcAmt0172632
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IRS990EZ/InfoInScheduleOPartIIInd0X
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IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt0109970
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IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt0109970
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt0121043
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt0008.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt1008.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt2000.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt3001.00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0BRUCE WINFIELD
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1WILL TOSCANI
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2ANDREA JANZEN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3SARAH HYSONG
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0CHAIRPERSON
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3DIRECTOR
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0103782
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0118782
IRS990EZ/OtherChangesInNetAssetsAmt010000
IRS990EZ/OtherExpensesTotalAmt0171559
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0SCHOLARSHIPS
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt0150000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt011090
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt022500
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TotalExpensesAmt0171559
IRS990EZ/TotalProgramServiceExpensesAmt0150000
IRS990EZ/TotalRevenueAmt0172632
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0CFSCHOLARSHIPGMAIL.COM
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0172632
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0140804
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0111297
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0136560
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0130077
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0691370
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct01.00000
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt0691370
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0172632
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0140804
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0111297
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0136560
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0130077
IRS990ScheduleA/Total509Grp/TotalAmt0691370
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0172632
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0140804
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0111297
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0136560
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0130077
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0691370
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Conferences, conventions, and meetings 150
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Events 7,146
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Postage/Printing 1,762
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3License Fees 1,717
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4Bank fees 392
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NC Solicitation Licenses 100
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6Scholarships 150,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7Insurance 707
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8Silent Auction Fee 5,893
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9Office Supplies 192
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10Website 3,500
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11ENDOWMENT 10,000
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12ENDOWMENT Beginning of year 103,782, End of year 118,782
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13Deferred Revenue Beginning of year 11,090, End of year 22,500
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10Form 990-EZ, Part I, Line 16, Other Expenses
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11Form 990-EZ, Part I, Line 20, Net Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12Form 990-EZ, Part II, Line 24, Other Assets
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13Form 990-EZ, Part II, Line 26, Liabilities
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd02
ReturnHeader/BuildTS02023-03-07 01:45:13Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM TOSCANI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER
ReturnHeader/BusinessOfficerGrp/PhoneNum08288852001
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-02-11
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0CONNESTEE FALLS STUDENT SCHOLARSHIP PROGRAM
ReturnHeader/Filer/BusinessNameControlTxt0CONN
ReturnHeader/Filer/EIN0562069663
ReturnHeader/Filer/PhoneNum08288852001
ReturnHeader/Filer/USAddress/AddressLine1Txt033 CONNESTEE TRAIL
ReturnHeader/Filer/USAddress/CityNm0Brevard
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NC
ReturnHeader/Filer/USAddress/ZIPCd028712
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0136721662
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0WILLIAM TOSCANI
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CEDAR MOUNTAIN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd028718
ReturnHeader/PreparerPersonGrp/PhoneNum08288855015
ReturnHeader/PreparerPersonGrp/PreparationDt02023-02-11
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0WILLIAM A TOSCANI
ReturnHeader/PreparerPersonGrp/SelfEmployedInd0X
ReturnHeader/ReturnTs02023-02-11T02:42:21-00:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0WILLIAM
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0TOSCANI
ReturnHeader/TaxPeriodBeginDt02022-01-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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Filings

Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2022 filings • 501(c)3 • <$500k nonprofits