Civic Intelligence

Ispe Boston Area Chapter Scholarship Foundation Inc.

990EZ • Fiscal year 2019 • EIN 82-2457536

Jul 01, 2018 to Jun 30, 2019 • Filed on Aug 31, 2019

411 Waverly Oaks Road Suite 421Waltham, MA 02452

(781) 647-4773

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 2019

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2019

Net Margin

89th percentile

43%

Higher net margin than 89% of similar nonprofits.

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

Top Officer Pay

77th percentile

$0

Higher top officer pay than 77% of similar nonprofits.

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

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

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2019

Assets

$44,276

No earlier filing loaded for comparison.

Net Assets

$44,276

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$102,828

No earlier filing loaded for comparison.

Expenses

$58,552

No earlier filing loaded for comparison.

Net Income

$44,276

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$300K$200K$100K$0Assets 2019: $44,276Net Assets 2019: $44,2762019Assets 2020: $98,991Net Assets 2020: $98,9912020Assets 2021: $98,068Net Assets 2021: $98,0682021Assets 2022: $127,001Net Assets 2022: $127,0012022Assets 2023: $163,615Net Assets 2023: $163,6152023Assets 2024: $211,328Net Assets 2024: $211,3282024Assets 2025: $249,129Net Assets 2025: $249,1292025

Highlighted filing

2019

Assets$44,276
Liabilities-
Net Assets$44,276

Operations Trend

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

$150K$100K$50K$0-$50KRevenue 2019: $102,828Expenses 2019: $58,552Net Income 2019: $44,2762019Revenue 2020: $98,300Expenses 2020: $43,585Net Income 2020: $54,7152020Revenue 2021: $55,959Expenses 2021: $56,884Net Income 2021: -$9252021Revenue 2022: $82,885Expenses 2022: $53,953Net Income 2022: $28,9322022Revenue 2023: $89,738Expenses 2023: $53,123Net Income 2023: $36,6152023Revenue 2024: $109,000Expenses 2024: $61,287Net Income 2024: $47,7132024Revenue 2025: $98,747Expenses 2025: $61,587Net Income 2025: $37,1602025

Highlighted filing

2019

Revenue$102,828
Expenses$58,552
Net Income$44,276
Jump To
Filing Snapshot
Filing Period
Jul 1, 2018 to Jun 30, 2019
Signed
Aug 31, 2019
Return Version
2018v3.1
Gross Receipts
$102,828
Mission and Program Overview

Mission

The ispe boston area chapter scholarship foundation, inc. Administers the joel goldenberg memorial scholarship fund program ("scholarship program"). This merit-based scholarship program was created for the purpose of giving back to its community of professionals in the effort to further the knowledge base and skill sets of individuals. This scholarship program is being administered in honor of joel goldenberg, a past president of the boston area chapter, whose wish was to support the educational pursuits of international society for pharmaceutical engineering (ispe) members and others looking to further their education and career development in the field of pharmaceutical engineering. The corporation shall be organized and operated exclusiviely for charitable, scientific, and educational purposes within the meaning of 501(c)(3) of the internal revenue code of 1986, as now in effect or as may hereafter be amended ("the code") and section 4 (a)of chapter 180 of the massachusetts general

Program Services

DescriptionGrantsExpenses
DIRECT SCHOLARSHIPS-$58,552
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
H STEVEN KENNEDYPresident-$0--
JANET TICEVice Preside-$0--
DAVE NOVAKSecretary-$0--
CHRIS OPOLSKITreasurer-$0--
DOYLE JOHNSONFoundation C-$0--
JOHN SPOHNNominating C-$0--
ANDRE WALKERScholarship-$0--
Filing and Contact Details

Filer

Filer Name
Ispe Boston Area Chapter
EIN
82-2457536
Phone
7816474773
Address
411 WAVERLY OAKS ROAD SUITE 421, WALTHAM, MA 02452

Signing Officer

Name
H Steven Kennedy
Title
President
Phone
7816474773
Signed
2019-08-31

Preparer

Firm
Dha-aac Group LLC
Address
150 MAIN ST, PAWTUCKET, RI 02860
Preparer
Justin Duquette CPA
Phone
4017249114
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office supplies 310 storage 65 bank fees 150 credit card fees 202 telephone 650 website hosting 6,465 conferences/meetings 800 insurance 1,982 scholarships granted 29,100 total 39,724

Form 990-ez, Part III

The ispe boston area chapter scholarship foundation, inc. Administers the joel goldenberg memorial scholarship fund program ("scholarship program"). This merit-based scholarship program was created for the purpose of giving back to its community of professionals in the effort to further the knowledge base and skill sets of individuals. This scholarship program is being administered in honor of joel goldenberg, a past president of the boston area chapter, whose wish was to support the educational pursuits of international society for pharmaceutical engineering (ispe) members and others looking to further their education and career development in the field of pharmaceutical engineering. The corporation shall be organized and operated exclusiviely for charitable, scientific, and educational purposes within the meaning of 501(c)(3) of the internal revenue code of 1986, as now in effect or as may hereafter be amended ("the code") and section 4 (a)of chapter 180 of the massachusetts general laws.

Raw XML Appendix132 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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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1VICE PRESIDE
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
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IRS990EZ/PrimaryExemptPurposeTxt0THE ISPE BOSTON AREA CHAPTER SCHOLARSHIP FOUNDATION, INC. ADMINISTERS THE JOEL GOLDENBERG MEMORIAL SCHOLARSHIP FUND PROGRAM ("SCHOLARSHIP PROGRAM"). THIS MERIT-BASED SCHOLARSHIP PROGRAM WAS CREATED FOR THE PURPOSE OF GIVING BACK TO ITS COMMUNITY OF PROFESSIONALS IN THE EFFORT TO FURTHER THE KNOWLEDGE BASE AND SKILL SETS OF INDIVIDUALS. THIS SCHOLARSHIP PROGRAM IS BEING ADMINISTERED IN HONOR OF JOEL GOLDENBERG, A PAST PRESIDENT OF THE BOSTON AREA CHAPTER, WHOSE WISH WAS TO SUPPORT THE EDUCATIONAL PURSUITS OF INTERNATIONAL SOCIETY FOR PHARMACEUTICAL ENGINEERING (ISPE) MEMBERS AND OTHERS LOOKING TO FURTHER THEIR EDUCATION AND CAREER DEVELOPMENT IN THE FIELD OF PHARMACEUTICAL ENGINEERING. THE CORPORATION SHALL BE ORGANIZED AND OPERATED EXCLUSIVIELY FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS NOW IN EFFECT OR AS MAY HEREAFTER BE AMENDED ("THE CODE") AND SECTION 4 (A)OF CHAPTER 180 OF THE MASSACHUSETTS GENERAL
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 310 STORAGE 65 BANK FEES 150 CREDIT CARD FEES 202 TELEPHONE 650 WEBSITE HOSTING 6,465 CONFERENCES/MEETINGS 800 INSURANCE 1,982 SCHOLARSHIPS GRANTED 29,100 TOTAL 39,724
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ISPE BOSTON AREA CHAPTER SCHOLARSHIP FOUNDATION, INC. ADMINISTERS THE JOEL GOLDENBERG MEMORIAL SCHOLARSHIP FUND PROGRAM ("SCHOLARSHIP PROGRAM"). THIS MERIT-BASED SCHOLARSHIP PROGRAM WAS CREATED FOR THE PURPOSE OF GIVING BACK TO ITS COMMUNITY OF PROFESSIONALS IN THE EFFORT TO FURTHER THE KNOWLEDGE BASE AND SKILL SETS OF INDIVIDUALS. THIS SCHOLARSHIP PROGRAM IS BEING ADMINISTERED IN HONOR OF JOEL GOLDENBERG, A PAST PRESIDENT OF THE BOSTON AREA CHAPTER, WHOSE WISH WAS TO SUPPORT THE EDUCATIONAL PURSUITS OF INTERNATIONAL SOCIETY FOR PHARMACEUTICAL ENGINEERING (ISPE) MEMBERS AND OTHERS LOOKING TO FURTHER THEIR EDUCATION AND CAREER DEVELOPMENT IN THE FIELD OF PHARMACEUTICAL ENGINEERING. THE CORPORATION SHALL BE ORGANIZED AND OPERATED EXCLUSIVIELY FOR CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS NOW IN EFFECT OR AS MAY HEREAFTER BE AMENDED ("THE CODE") AND SECTION 4 (A)OF CHAPTER 180 OF THE MASSACHUSETTS GENERAL LAWS.
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IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
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ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-13
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUSTIN DUQUETTE CPA
ReturnHeader/ReturnTs02019-11-15T13:40:51-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-07-01
ReturnHeader/TaxPeriodEndDt02019-06-30
ReturnHeader/TaxYr02018

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Filings