Civic Intelligence

Eugene Kinasewich Fund Inc C/O William Hm Beckett

990 • Fiscal year 2014 • EIN 68-0602918

Jan 01, 2014 to Dec 31, 2014 • Filed on May 13, 2015

111 Maplewood Ave No DPortsmouth, NH 03801

(603) 766-4444

Siviq Scores

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

Liabilities / Assets

60th percentile

0.01x

Higher debt load relative to assets than 60% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Liabilities / Revenue

65th percentile

0.01x

Higher debt load relative to revenue than 65% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Net Margin

30th percentile

-5.1%

Higher net margin than 30% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Top Officer Pay

74th percentile

$0

Higher top officer pay than 74% of similar nonprofits.

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

2014 filings • 501(c)3 • <$500k nonprofits • Source year 2014

Asset Growth

41st percentile

-1.7%

Faster asset growth than 41% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Revenue Growth

28th percentile

-14%

Faster revenue growth than 28% of similar nonprofits.

2014 filings • 501(c)3 • <$500k nonprofits • Annualized from 2013 to 2014

Assets

Down

$87,222

Down $1,474 (-1.7%) from 2013

Net Assets

Down

$86,634

Down $2,062 (-2.3%) from 2013

Liabilities

Up

$588

Up $588 from 2013

Revenue

Down

$40,617

Down $6,663 (-14%) from 2013

Expenses

Down

$42,678

Down $54,338 (-56%) from 2013

Net Income

Up

-$2,061

Up $47,675 (+96%) from 2013

Historical Trend

Balance Sheet Trend

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

$200K$150K$100K$50K$0Assets 2010: $158,448Liabilities 2010: $4,443Net Assets 2010: $154,0052010Assets 2011: $181,586Liabilities 2011: $2,432Net Assets 2011: $179,1542011Assets 2012: $139,811Liabilities 2012: $0Net Assets 2012: $139,8112012Assets 2013: $88,696Liabilities 2013: $0Net Assets 2013: $88,6962013Assets 2014: $87,222Liabilities 2014: $588Net Assets 2014: $86,6342014Assets 2015: $83,462Liabilities 2015: $1,691Net Assets 2015: $81,7712015Assets 2016: $81,651Liabilities 2016: $0Net Assets 2016: $81,6512016Assets 2017: $45,019Liabilities 2017: $0Net Assets 2017: $45,0192017Assets 2018: $17,948Liabilities 2018: $0Net Assets 2018: $17,9482018Assets 2019: $11,870Liabilities 2019: $0Net Assets 2019: $11,8702019Assets 2020: $15,856Liabilities 2020: $0Net Assets 2020: $15,8562020Assets 2021: $0Liabilities 2021: $0Net Assets 2021: $02021

Highlighted filing

2014

Assets$87,222
Liabilities$588
Net Assets$86,634

Operations Trend

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

$300K$200K$100K$0-$100KExpenses 2010: $217,1032010Expenses 2011: $120,3422011Expenses 2012: $101,3082012Revenue 2013: $47,280Expenses 2013: $97,016Net Income 2013: -$49,7362013Revenue 2014: $40,617Expenses 2014: $42,678Net Income 2014: -$2,0612014Revenue 2015: $27,305Expenses 2015: $32,168Net Income 2015: -$4,8632015Revenue 2016: $22,988Expenses 2016: $23,108Net Income 2016: -$1202016Revenue 2017: $17,410Expenses 2017: $54,042Net Income 2017: -$36,6322017Revenue 2018: $1,925Expenses 2018: $28,996Net Income 2018: -$27,0712018Revenue 2019: $833Expenses 2019: $6,911Net Income 2019: -$6,0782019Revenue 2020: $4,349Expenses 2020: $363Net Income 2020: $3,9862020Revenue 2021: $1Expenses 2021: $15,857Net Income 2021: -$15,8562021

Highlighted filing

2014

Revenue$40,617
Expenses$42,678
Net Income-$2,061
Jump To
Filing Snapshot
Filing Period
Jan 1, 2014 to Dec 31, 2014
Signed
May 13, 2015
Return Version
2014v5.0
Gross Receipts
$52,496
Mission and Program Overview

Mission

To provide educational assistance in order to nurture and grow opportunities for educational, cultural, artistic and athletic exchanges based upon the need and merit of young people from the united states and foreign countries.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$87,658$87,222▼ $436
Investments in Publicly Traded Securities$1,038--
Total Assets$88,696$87,222▼ $1,474
Liabilities
Accounts Payable and Accrued Expenses-$588-
Total Liabilities$0$588▲ $588
Net Assets / Fund Balance
Unrestricted Net Assets$88,696$86,634▼ $2,062
Total Net Assets Fund Balance$88,696$86,634▼ $2,062
Total Liabilities and Net Assets / Fund Balance$88,696$87,222▼ $1,474
Compensation and Service Providers

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$42,060
Program Service Revenue
$0
Investment Income
$-1,443
Other Revenue
$0
All Other Contributions
$42,060
Change in Net Assets
$-2,061
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$34,425
Other Expenses$4,753
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$34,425--$34,425
Benefits to Members$3,500--$3,500
Fees for Services Legal-$3,225-$3,225
Office Expenses-$1,243-$1,243
Fees for Services Accounting-$250-$250
Fees for Services Other-$35-$35
Total Functional Expenses$37,925$4,753$0$42,678
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
Annual disclosure for covered persons
Yes
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
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

There are no standing committees on the board of directors presently.

Form 990, Part VI, Section B, Line 11

A draft of the current year's form 990 was presented to the president of the board of directors who reviewed it with the board for comments and recommendations before the final version was issued.

Form 990, Part VI, Section B, Line 12C

No officer or director receives any compensation of any kind for serving on the board, nor does any officer or director have any financial interest in the organization whatsoever. There are no employees. We are an entirely volunteer organization. All monies received are deposited with the custodian, hemenway and barnes, llp of boston ma, and no monies are paid out except by said custodian, and only upon the written (usually via e-mail) authorization of two directors of the organization. Accountings provided by said custodian are regularly reviewed by the board. Turnover of board members is infrequent.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available upon request and may publish from time to time on its website.

Filing and Contact Details

Filer

Filer Name
Eugene Kinasewich Fund Inc
EIN
68-0602918
Phone
6037664444
Address
111 MAPLEWOOD AVE NO D, PORTSMOUTH, NH 03801

Signing Officer

Name
William Hm Beckett
Title
President
Phone
6037664444
Signed
2015-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
William Hm Beckett
Formed
2005
Legal Domicile
Ma
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
0

Preparer

Firm
Nardella & Taylor Llp
Address
24 HARTWELL AVE, LEXINGTON, MA 02420
Preparer
Robert Nardella
Phone
7818626833
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

ROUNDING -1.

Raw XML Appendix390 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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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
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IRS990/MissionDesc0THE EUGENE KINASEWICH FUND, INC. WAS ESTABLISHED IN HONOR OF EUGENE KINASEWICH BY HIS FAMILY AND FRIENDS FOR THE PURPOSE OF PROVIDING FINANCIAL ASSISTANCE AND OPPORTUNITIES FOR EDUCATIONAL, CULTURAL, ARTISTIC, ATHLETIC AND ANY OTHER EDUCATIONAL/CULTURAL EXCHANGES FROM AND BETWEEN NEEDY AND WORTHY YOUNG PERSONS FROM FOREIGN COUNTRIES AND THE UNITED STATES, GIVING PREFERENCE TO YOUNG PERSONS WHO MAY BE FROM, OR WILL BE GOING TO, THE COUNTRY OF UKRAINE. THIS FUND HAS ALSO BEEN ESTABLISHED IN RECOGNITION OF EUGENE KINASEWICH'S CONTRIBUTIONS TO HUMANKIND; AND, FOR HIS OUTSTANDING QUALITIES OF INTEGRITY, SELFLESSNESS, LEADERSHIP, LOYALTY AND LIFELONG INTEREST IN HELPING YOUNG PERSONS, ESPECIALLY FROM OPPRESSED COUNTRIES, HAVE BETTER LIVES.
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IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt060385
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0143516
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0261578
IRS990ScheduleA/Total509Grp/TotalAmt0553237
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt042060
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt045758
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt060520
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0143586
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0261589
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0553513
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
IRS990/ScheduleBRequiredInd01
IRS990ScheduleI/GrantRecordsMaintainedInd00
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt034425
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0SCHOLARSHIPS
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt08
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/ValuationMethodUsedDesc0CASH
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THERE ARE NO STANDING COMMITTEES ON THE BOARD OF DIRECTORS PRESENTLY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1A DRAFT OF THE CURRENT YEAR'S FORM 990 WAS PRESENTED TO THE PRESIDENT OF THE BOARD OF DIRECTORS WHO REVIEWED IT WITH THE BOARD FOR COMMENTS AND RECOMMENDATIONS BEFORE THE FINAL VERSION WAS ISSUED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO OFFICER OR DIRECTOR RECEIVES ANY COMPENSATION OF ANY KIND FOR SERVING ON THE BOARD, NOR DOES ANY OFFICER OR DIRECTOR HAVE ANY FINANCIAL INTEREST IN THE ORGANIZATION WHATSOEVER. THERE ARE NO EMPLOYEES. WE ARE AN ENTIRELY VOLUNTEER ORGANIZATION. ALL MONIES RECEIVED ARE DEPOSITED WITH THE CUSTODIAN, HEMENWAY AND BARNES, LLP OF BOSTON MA, AND NO MONIES ARE PAID OUT EXCEPT BY SAID CUSTODIAN, AND ONLY UPON THE WRITTEN (USUALLY VIA E-MAIL) AUTHORIZATION OF TWO DIRECTORS OF THE ORGANIZATION. ACCOUNTINGS PROVIDED BY SAID CUSTODIAN ARE REGULARLY REVIEWED BY THE BOARD. TURNOVER OF BOARD MEMBERS IS INFREQUENT.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AND MAY PUBLISH FROM TIME TO TIME ON ITS WEBSITE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ROUNDING -1.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XI, LINE 9:
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0MA
IRS990/StatesWhereCopyOfReturnIsFldCd1NH
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
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IRS990/TotalAssetsEOYAmt087222
IRS990/TotalAssetsGrp/BOYAmt088696
IRS990/TotalAssetsGrp/EOYAmt087222
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt042060
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt04753
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt037925
IRS990/TotalFunctionalExpensesGrp/TotalAmt042678
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt0588
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt0588
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt088696
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt086634
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt037925
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0-1443
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt040617
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt088696
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt087222
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt088696
IRS990/UnrestrictedNetAssetsGrp/EOYAmt086634
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0111 MAPLEWOOD AVE SUITE D
IRS990/USAddress/CityNm0PORTSMOUTH
IRS990/USAddress/StateAbbreviationCd0NH
IRS990/USAddress/ZIPCd003801
IRS990/VotingMembersGoverningBodyCnt011
IRS990/VotingMembersIndependentCnt011
IRS990/WebsiteAddressTxt0WWW.GENESFUND.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-02-25 16:41:14Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0WILLIAM HM BECKETT
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum06037664444
ReturnHeader/BusinessOfficerGrp/SignatureDt02015-05-13
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0EUGENE KINASEWICH FUND INC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0C/O WILLIAM HM BECKETT
ReturnHeader/Filer/BusinessNameControlTxt0EUGE
ReturnHeader/Filer/EIN0680602918
ReturnHeader/Filer/PhoneNum06037664444
ReturnHeader/Filer/USAddress/AddressLine1Txt0111 MAPLEWOOD AVE NO D
ReturnHeader/Filer/USAddress/CityNm0PORTSMOUTH
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NH
ReturnHeader/Filer/USAddress/ZIPCd003801
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0042979611
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0NARDELLA & TAYLOR LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt024 HARTWELL AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0LEXINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0MA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002420
ReturnHeader/PreparerPersonGrp/PhoneNum07818626833
ReturnHeader/PreparerPersonGrp/PreparationDt02015-05-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0ROBERT NARDELLA
ReturnHeader/ReturnTs02015-05-14T07:04:08-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-01-01
ReturnHeader/TaxPeriodEndDt02014-12-31
ReturnHeader/TaxYr02014

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