Civic Intelligence

Sco Foundation Inc

EIN 82-1897404 • 501(c)3 • Glen Cove, NY

Profile

The purposes of the Corporation are to solicit contributions, receive bequests made to SCO Family of Services, a New York not-for-profit corporation ("SCO"), apply for, receive and administer grants, and hold and disburse funds, in each case exclusively for the benefit and support of SCO and SCO Entities.

1 Alexander PlaceGlen Cove, NY 11542-3745

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

14th percentile

0.02x

Higher debt load relative to assets than 14% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

40th percentile

0.24x

Higher debt load relative to revenue than 40% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2021

Net Margin

90th percentile

53%

Higher net margin than 90% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

51st percentile

$0

Higher top officer pay than 51% of similar nonprofits.

$50M-$100M nonprofits • Source year 2017

Asset Growth

79th percentile

17%

Faster asset growth than 79% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

11th percentile

-20%

Faster revenue growth than 11% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets14th percentile

Assets

Up

$72,309,391

Up $6,937,232 (+11%) from 2023

Liabilities

Up

$1,928,355

Up $1,150,604 (+148%) from 2023

Net Assets

Up

$70,381,036

Up $5,786,628 (+9.0%) from 2023

Operations
Liabilities / Revenue40th percentileNet Margin90th percentile

Revenue

Up

$5,637,057

Up $639,905 (+13%) from 2023

Expenses

Down

$2,894,338

Down $326,568 (-10%) from 2023

Net Income

Up

$2,742,719

Up $966,473 (+54%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth79th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$80M$60M$40M$20M$0Assets 2017: $0Liabilities 2017: $0Net Assets 2017: $02017Assets 2018: $59,341,299Liabilities 2018: $34,212Net Assets 2018: $59,307,0872018Assets 2019: $62,929,069Liabilities 2019: $380,015Net Assets 2019: $62,549,0542019Assets 2020: $65,406,265Liabilities 2020: $1,669,954Net Assets 2020: $63,736,3112020Assets 2021: $76,367,709Liabilities 2021: $1,203,511Net Assets 2021: $75,164,1982021Assets 2022: $64,773,814Liabilities 2022: $3,292,032Net Assets 2022: $61,481,7822022Assets 2023: $65,372,159Liabilities 2023: $777,751Net Assets 2023: $64,594,4082023Assets 2024: $72,309,391Liabilities 2024: $1,928,355Net Assets 2024: $70,381,0362024

Highlighted filing

2024

Assets$72,309,391
Liabilities$1,928,355
Net Assets$70,381,036
Open 2024 Filing

Operations Trend

Revenue Growth11th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0Revenue 2017: $0Expenses 2017: $0Net Income 2017: $02017Revenue 2018: $1,200Expenses 2018: $144Net Income 2018: $1,0562018Revenue 2019: $3,116,748Expenses 2019: $1,149,289Net Income 2019: $1,967,4592019Revenue 2020: $6,375,411Expenses 2020: $4,164,800Net Income 2020: $2,210,6112020Revenue 2021: $5,076,725Expenses 2021: $2,399,881Net Income 2021: $2,676,8442021Revenue 2022: $6,274,873Expenses 2022: $4,296,796Net Income 2022: $1,978,0772022Revenue 2023: $4,997,152Expenses 2023: $3,220,906Net Income 2023: $1,776,2462023Revenue 2024: $5,637,057Expenses 2024: $2,894,338Net Income 2024: $2,742,7192024

Highlighted filing

2024

Revenue$5,637,057
Expenses$2,894,338
Net Income$2,742,719
Open 2024 Filing

Filings

Most recent year

2024 • Form 990XML pending. An XML filing is linked for this year, but detailed extraction is still pending.

Open filing
Assets
$72,309,391
Liabilities
$1,928,355
Net assets
$70,381,036
Revenue
$5,637,057
Expenses
$2,894,338
Net income
$2,742,719
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$72.3$1.93$70.4$5.64$2.89$2.74
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$65.4$0.78$64.6$5.00$3.22$1.78
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$64.8$3.29$61.5$6.27$4.30$1.98
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$76.4$1.20$75.2$5.08$2.40$2.68
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$65.4$1.67$63.7$6.38$4.16$2.21
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$62.9$0.38$62.5$3.12$1.15$1.97
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.3$0.03$59.3$0.00$0.00$0.00
2017Detailed filing. Detailed filing data is available for this year.$0.00$0.00$0.00$0.00$0.00$0.00
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2017 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2016 to Jun 30, 2017
Signed
May 2, 2018
Return Version
2016v3.0
Gross Receipts
$0
Mission and Program Overview

Mission

The purposes of the corporation are to solicit contributions, receive bequests made to sco family of services ("sco") a new york not-for-profit corporation, apply for, receive and administer grants, and hold and disburse funds, in each case exclusively for the benefit and support of sco and sco entities.

The purposes of the Corporation are to solicit contributions, receive bequests made to SCO Family of Services, a New York not-for-profit corporation ("SCO"), apply for, receive and administer grants, and hold and disburse funds, in each case exclusively for the benefit and support of SCO and SCO Entities.

Program Services

DescriptionGrantsExpenses
the organization is in its first year of operation and have not undertaken any of its programs during FY17.SCO Foundation, Inc. will engage in fundraising and asset management activities on behalf of SCO Family of service. The foundation's purpose is to solicit contributions, receive bequests made to SCO Family of service, apply for, receive and administer grants, and hold and disburse funds, in each case exclusively for the benefit and support of the SCO Family of service.$0$0
Compensation and Service Providers
Top Officer Pay51st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Kelly WilliamsChair-$0--
Lee VanceTreasurer-$0--
Mary Pat ThorntonSecretary-$0--
Douglas O'DellExecutive Director-$0--
Health BlochChief Operating Officer-$0--
stephen mackChief Financial Officer-$0--
lisa sammonDirector Of Accounting & Financial-$0--
Filing and Contact Details

Filer

Filer Name
SCO Foundation Inc
EIN
82-1897404
Phone
2127071331
Address
1 Alexander Place, Glen Cove, NY 11542-3745

Signing Officer

Name
Stephen G MACK
Title
CFO
Phone
2127071331
Signed
2018-05-02
Discuss with paid preparer
Yes

Preparer

Firm
PKF O'Connor Davies LLP
Address
500 Mamaroneck Avenue, Harrison, NY 10528-1633
Preparer
Garrett M Higgins
Phone
9143818900
Raw XML Appendix171 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/ActivitiesNotPreviouslyRptInd00
IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0Stephen Mack
IRS990EZ/BooksInCareOfDetail/PhoneNum02127071331
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt01 Alexander Place
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Glen Cove
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd0115423745
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd00
IRS990EZ/ContributionsGiftsGrantsEtcAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd00
IRS990EZ/EngagedInExcessBenefitTransInd00
IRS990EZ/ExcessOrDeficitForYearAmt00
IRS990EZ/FiledScheduleAInd01
IRS990EZ/ForeignFinancialAccountInd00
IRS990EZ/ForeignOfficeInd00
IRS990EZ/Form990TotalAssetsGrp/BOYAmt00
IRS990EZ/Form990TotalAssetsGrp/EOYAmt00
IRS990EZ/GrossReceiptsAmt00
IRS990EZ/InfoInScheduleOPartIIIInd0X
IRS990EZ/InfoInScheduleOPartVInd0X
IRS990EZ/InitialReturnInd0X
IRS990EZ/LobbyingActivitiesInd00
IRS990EZ/MadeLoansToFromOfficersInd00
IRS990EZ/MethodOfAccountingAccrualInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt00
IRS990EZ/NetAssetsOrFundBalancesEOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt00
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt31.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt41.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt51.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt61.75
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Kelly Williams
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Lee Vance
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Mary Pat Thornton
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Douglas O'Dell
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Health Bloch
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5stephen mack
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6lisa sammon
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0Chair
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2secretary
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3Executive Director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4Chief operating officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5chief financial officer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6director of accounting & financial
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0The purposes of the Corporation are to solicit contributions, receive bequests made to SCO Family of Services, a New York not-for-profit corporation ("SCO"), apply for, receive and administer grants, and hold and disburse funds, in each case exclusively for the benefit and support of SCO and SCO Entities.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0the organization is in its first year of operation and have not undertaken any of its programs during FY17.SCO Foundation, Inc. will engage in fundraising and asset management activities on behalf of SCO Family of service. The foundation's purpose is to solicit contributions, receive bequests made to SCO Family of service, apply for, receive and administer grants, and hold and disburse funds, in each case exclusively for the benefit and support of the SCO Family of service.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt00
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt00
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt00
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SCO Foundation, Inc. was formed on May 22, 2017 to serve as a supporting organization for SCO Family of Services (the "Supported Organization"), a social service organization headquartered in Glen Cove, New York. SCO Foundation, Inc. will engage in fundraising and asset management activities on behalf of the Supported Organization. Specifically, the organization's Certificate of Incorporation indicates that its purpose is to solicit contributions, receive bequests made to the Supported Organization, apply for, receive and administer grants, and hold and disburse funds, in each case exclusively for the benefit and support of the Supported Organization. the Supported Organization intends to transfer a significant portion of its investment portfolio to the SCO Foundation, Inc. The foundation will manage this portfolio and make contributions to the Supported Organization as necessary for the Supported Organization to carry out its purposes.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART I, LINE 12, COLUMN VI:
IRS990ScheduleA/IRSWrittenDeterminationInd0X
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0112777066
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0SCO FAMILY OF SERVICES
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
TransferPrsnlBnftContractsDecl/DeclarationDesc0The organization did not, during the year, receive any funds, directly,or indirectly, to pay premiums on a personal benefit contract.The organization, did not, during the year, pay any premiums, directly,or indirectly, on a personal benefit contract.
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0Stephen G MACK
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum02127071331
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-02
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SCO Foundation Inc
ReturnHeader/Filer/BusinessNameControlTxt0SCOF
ReturnHeader/Filer/EIN0821897404
ReturnHeader/Filer/PhoneNum02127071331
ReturnHeader/Filer/USAddress/AddressLine1Txt01 Alexander Place
ReturnHeader/Filer/USAddress/CityNm0Glen Cove
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd0115423745
ReturnHeader/FilingSecurityInformation/AtSubmissionCreationDeviceId08F3E04F861F0216E32497907D09A877E57DED22A
ReturnHeader/FilingSecurityInformation/AtSubmissionFilingDeviceId0A3EB9A663B166A7F172762214481AEBFA8C1AD13
ReturnHeader/FilingSecurityInformation/FilingLicenseTypeCd0P
ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt065.51.112.58
ReturnHeader/FilingSecurityInformation/IPDt02018-05-02
ReturnHeader/FilingSecurityInformation/IPTimezoneCd0ED
ReturnHeader/FilingSecurityInformation/IPTm014:39:24
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0271728945
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0PKF O'Connor Davies LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0500 Mamaroneck Avenue
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Harrison
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0105281633
ReturnHeader/PreparerPersonGrp/PhoneNum09143818900
ReturnHeader/PreparerPersonGrp/PreparationDt02018-04-06
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Garrett M Higgins
ReturnHeader/ReturnTs02018-05-02T14:39:26-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02017-05-23
ReturnHeader/TaxPeriodEndDt02017-06-30
ReturnHeader/TaxYr02016

Document Assets

No mirrored PDF or thumbnail assets are attached yet.