Civic Intelligence

Spanish Scholarship Fund

990 • Fiscal year 2019 • EIN 80-0241033

Aug 01, 2018 to Jul 31, 2019 • Filed on Dec 04, 2019

Organization ProfileWWW.CAUSEIQ.COM/ORGANIZATIONS/SPANISH-SCHOLARSHIP
1712 Powder Mill RdWynnewood, PA 19096

(610) 558-4593

Siviq Scores

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

Liabilities / Assets

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Liabilities / Revenue

57th percentile

0.00x

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

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Net Margin

50th percentile

3.4%

Higher net margin than 50% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Top Officer Pay

83rd percentile

$17,600

Higher top officer pay than 83% of similar nonprofits.

Top officer pay equals 6.4% of source-year revenue.

2019 filings • 501(c)3 • <$500k nonprofits • Source year 2019

Asset Growth

40th percentile

-2.0%

Faster asset growth than 40% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Revenue Growth

81st percentile

35%

Faster revenue growth than 81% of similar nonprofits.

2019 filings • 501(c)3 • <$500k nonprofits • Annualized from 2018 to 2019

Balance Sheet
Liabilities / Assets57th percentile

Assets

Down

$17,593

Down $368 (-2.0%) from 2018

Net Assets

Up

$17,593

Up $9,232 (+110%) from 2018

Liabilities

Down

$0

Down $9,600 (-100%) from 2018

Revenue And Expenses
Liabilities / Revenue57th percentileNet Margin50th percentile

Revenue

Up

$274,185

Up $71,373 (+35%) from 2018

Expenses

Up

$264,953

Up $68,790 (+35%) from 2018

Net Income

Up

$9,232

Up $2,583 (+39%) from 2018

Historical Trend

Balance Sheet Trend

Asset Growth40th percentile

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

$300K$200K$100K$0Assets 2015: $156,286Liabilities 2015: $0Net Assets 2015: $156,2862015Assets 2016: $43,646Liabilities 2016: $0Net Assets 2016: $43,6462016Assets 2017: $1,712Liabilities 2017: $0Net Assets 2017: $1,7122017Assets 2018: $17,961Liabilities 2018: $9,600Net Assets 2018: $8,3612018Assets 2019: $17,593Liabilities 2019: $0Net Assets 2019: $17,5932019Assets 2020: $167,241Liabilities 2020: $600Net Assets 2020: $166,6412020Assets 2021: $103,740Liabilities 2021: $0Net Assets 2021: $103,7402021Assets 2022: $204,411Liabilities 2022: $0Net Assets 2022: $204,4112022Assets 2023: $203,772Liabilities 2023: $0Net Assets 2023: $203,7722023Assets 2024: $218,496Liabilities 2024: $0Net Assets 2024: $218,4962024Assets 2025: $172,494Liabilities 2025: $0Net Assets 2025: $172,4942025

Highlighted filing

2019

Assets$17,593
Liabilities$0
Net Assets$17,593
Open 2019 Filing

Operations Trend

Revenue Growth81st percentile

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

$600K$400K$200K$0-$200KRevenue 2015: $301,359Expenses 2015: $145,889Net Income 2015: $155,4702015Revenue 2016: $71,828Expenses 2016: $184,468Net Income 2016: -$112,6402016Revenue 2017: $121,567Expenses 2017: $163,501Net Income 2017: -$41,9342017Revenue 2018: $202,812Expenses 2018: $196,163Net Income 2018: $6,6492018Revenue 2019: $274,185Expenses 2019: $264,953Net Income 2019: $9,2322019Revenue 2020: $438,433Expenses 2020: $289,385Net Income 2020: $149,0482020Revenue 2021: $354,949Expenses 2021: $417,850Net Income 2021: -$62,9012021Revenue 2022: $516,341Expenses 2022: $415,670Net Income 2022: $100,6712022Revenue 2023: $364,126Expenses 2023: $364,765Net Income 2023: -$6392023Revenue 2024: $373,407Expenses 2024: $358,683Net Income 2024: $14,7242024Revenue 2025: $290,289Expenses 2025: $336,291Net Income 2025: -$46,0022025

Highlighted filing

2019

Revenue$274,185
Expenses$264,953
Net Income$9,232
Open 2019 Filing
Jump To
Filing Snapshot
Filing Period
Aug 1, 2018 to Jul 31, 2019
Signed
Dec 4, 2019
Return Version
2018v3.1
Gross Receipts
$274,185
Mission and Program Overview

Mission

The fund's purpose is to provide educational grants to hispanic children.

The fund's purpose is to provide educational grants to hispanic children

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$17,961$17,593▼ $368
Total Assets$17,961$17,593▼ $368
Liabilities
Accounts Payable and Accrued Expenses$9,600--
Total Liabilities$9,600$0▼ $9,600
Net Assets / Fund Balance
Unrestricted Net Assets$8,361$17,593▲ $9,232
Total Net Assets Fund Balance$8,361$17,593▲ $9,232
Total Liabilities and Net Assets / Fund Balance$17,961$17,593▼ $368
Compensation and Service Providers
Top Officer Pay83rd percentile

Employees

NameTitleFull / Part TimeBaseTotal
Joseph Brian MorleyTreasurer/diPT$17,600$17,600

Board Members and Trustees

NameTitle
Kathryn DoylePresident/se
C William ShearerDirector
Christian PetrucciDirector
Joseph SharkeyDirector
Harold McculloughVice Pres/di
Reverand Vincent M WalshVice Pres/di
Revenue and Support

Revenue Composition

Contributions and Grants
$273,983
Program Service Revenue
$0
Investment Income
$202
Other Revenue
$0
All Other Contributions
$273,983
Change in Net Assets
$9,232
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$247,208
Other Expenses$17,745
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$247,208--$247,208
Other Expenses-$17,745-$17,745
Total Functional Expenses$247,208$17,745$0$264,953
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
Yes
Audit committee
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 8B

“There are no committees with authority to act on behalf of the governing body.”

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

“A copy of the 990 is emailed to all board members for review prior to filing.”

Form 990, Page 6, Part VI, Line 19

“Governing documents, conflict of interest policy and financial statements are avilable to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Spanish Scholarship Fund
EIN
80-0241033
Phone
6105584593
Address
1712 POWDER MILL RD, WYNNEWOOD, PA 19096

Signing Officer

Name
Joseph Brian Morley
Title
Treasurer/director
Phone
6105584593
Signed
2019-12-04
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Joseph Brian Morley
Formed
2008
Legal Domicile
Pa
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
O'CONNELL & COMPANY LLC
Address
165 TOWNSHIP LINE RD STE 1100, JENKINTOWN, PA 19046
Preparer
Stephanie Klug
Phone
2158874425
Supplemental Narrative

Financial Statement Notes

Schedule D, Page 3, Part X

“The fund is exempt from income tax under irc section 501(c)(3), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the code. The fund has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations; and to identify and evaluate other matters that may be considered tax positions. The fund has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.”

Raw XML Appendix311 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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ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0TREASURER/DIRECTOR
ReturnHeader/BusinessOfficerGrp/PhoneNum06105584593
ReturnHeader/BusinessOfficerGrp/SignatureDt02019-12-04
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SPANISH SCHOLARSHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt0SPAN
ReturnHeader/Filer/EIN0800241033
ReturnHeader/Filer/PhoneNum06105584593
ReturnHeader/Filer/USAddress/AddressLine1Txt01712 POWDER MILL RD
ReturnHeader/Filer/USAddress/CityNm0WYNNEWOOD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0PA
ReturnHeader/Filer/USAddress/ZIPCd019096
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId05B93BBDA4A9A0302A325E5A1708065449D2ABAF9
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0358B9C2629B8503BD02F7454FFD448924ED25D9D
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt050.243.48.145
ReturnHeader/FilingSecurityInformation/IPDt02019-12-06
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0CS
ReturnHeader/FilingSecurityInformation/IPTm010:00:53
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0471352305
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0O'CONNELL & COMPANY LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0165 TOWNSHIP LINE RD STE 1100
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0JENKINTOWN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd019046
ReturnHeader/PreparerPersonGrp/PhoneNum02158874425
ReturnHeader/PreparerPersonGrp/PreparationDt02019-12-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0STEPHANIE KLUG
ReturnHeader/ReturnTs02019-12-06T10:00:53-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02018-08-01
ReturnHeader/TaxPeriodEndDt02019-07-31
ReturnHeader/TaxYr02018

Document Assets

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Filings

Displayed year

2019 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,593
Liabilities
$0
Net assets
$17,593
Revenue
$274,185
Expenses
$264,953
Net income
$9,232
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.72$0.00$1.72$2.90$3.36$0.46
2024Detailed filing. Detailed filing data is available for this year.$2.18$0.00$2.18$3.73$3.59$0.15
2023Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$3.64$3.65$0.01
2022Detailed filing. Detailed filing data is available for this year.$2.04$0.00$2.04$5.16$4.16$1.01
2021Detailed filing. Detailed filing data is available for this year.$1.04$0.00$1.04$3.55$4.18$0.63
2020Detailed filing. Detailed filing data is available for this year.$1.67$0.01$1.67$4.38$2.89$1.49
2019Detailed filing. Detailed filing data is available for this year.$0.18$0.00$0.18$2.74$2.65$0.09
2018Detailed filing. Detailed filing data is available for this year.$0.18$0.10$0.08$2.03$1.96$0.07
2017Summary only. Only limited summary data is available for this year.$0.02$0.00$0.02$1.22$1.64$0.42
2016Summary only. Only limited summary data is available for this year.$0.44$0.00$0.44$0.72$1.84$1.13
2015Detailed filing. Detailed filing data is available for this year.$1.56$0.00$1.56$3.01$1.46$1.55