Civic Intelligence

Ispe Boston Area Chapter Scholarship Foundation Inc.

990EZ • Fiscal year 2021 • EIN 82-2457536

Jul 01, 2020 to Jun 30, 2021 • Filed on Jul 31, 2021

465 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 2021

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2021

Net Margin

33rd percentile

-1.7%

Higher net margin than 33% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

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.

2021 filings • 501(c)3 • <$500k nonprofits • Source year 2021

Asset Growth

38th percentile

-0.9%

Faster asset growth than 38% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Revenue Growth

19th percentile

-43%

Faster revenue growth than 19% of similar nonprofits.

2021 filings • 501(c)3 • <$500k nonprofits • Annualized from 2020 to 2021

Assets

Down

$98,068

Down $923 (-0.9%) from 2020

Net Assets

Down

$98,068

Down $923 (-0.9%) from 2020

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Down

$55,959

Down $42,341 (-43%) from 2020

Expenses

Up

$56,884

Up $13,299 (+31%) from 2020

Net Income

Down

-$925

Down $55,640 (-102%) from 2020

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

2021

Assets$98,068
Liabilities-
Net Assets$98,068

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

2021

Revenue$55,959
Expenses$56,884
Net Income-$925
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
Jul 31, 2021
Return Version
2020v4.0
Gross Receipts
$55,959
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--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
H STEVEN KENNEDYDirector-$0--
CHRIS OPOLSKIPresident-$0--
ANDRE WALKERScholarship-$0--
JAMES GRUNWALDVice Preside-$0--
ERIC FELZDirector-$0--
GEORGE WESTSecretary-$0--
JAY ZAINOTreasurer-$0--
Filing and Contact Details

Filer

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

Signing Officer

Name
Chris Opolski
Title
President
Phone
7816474773
Signed
2021-07-31

Preparer

Firm
Dha-aac Group LLC
Address
779 HIGH ST, CUMBERLAND, RI 02864
Preparer
Justin Duquette CPA
Phone
4014054455
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

Expenses office supplies 2 storage 60 bank fees 150 credit card fees 180 licenses and fees 54 telephone 600 website hosting 437 meeting expense 38 1,063 scholarships granted 40,000 total 42,584

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 Appendix140 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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CompensationExplanation/CompensationExplanationGrp/PersonNm0H STEVEN KENNEDY
CompensationExplanation/CompensationExplanationGrp/PersonNm1CHRIS OPOLSKI
CompensationExplanation/CompensationExplanationGrp/PersonNm2ANDRE WALKER
CompensationExplanation/CompensationExplanationGrp/PersonNm3JAMES GRUNWALD
CompensationExplanation/CompensationExplanationGrp/PersonNm4ERIC FELZ
CompensationExplanation/CompensationExplanationGrp/PersonNm5GEORGE WEST
CompensationExplanation/CompensationExplanationGrp/PersonNm6JAY ZAINO
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IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0ISPE BOSTON CHAPTER SCHOLARSHIP
IRS990EZ/BooksInCareOfDetail/PhoneNum07816474773
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IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0WALTHAM
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6JAY ZAINO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1PRESIDENT
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SCHOLARSHIP
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3VICE PRESIDE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6TREASURER
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherExpensesTotalAmt042584
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
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
IRS990EZ/PrintingPublicationsPostageAmt073
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IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt056884
IRS990EZ/TotalRevenueAmt055959
IRS990EZ/TransactionWithControlEntInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt055950
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES OFFICE SUPPLIES 2 STORAGE 60 BANK FEES 150 CREDIT CARD FEES 180 LICENSES AND FEES 54 TELEPHONE 600 WEBSITE HOSTING 437 MEETING EXPENSE 38 1,063 SCHOLARSHIPS GRANTED 40,000 TOTAL 42,584
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.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0CHRIS OPOLSKI
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07816474773
ReturnHeader/BusinessOfficerGrp/SignatureDt02021-07-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ISPE BOSTON AREA CHAPTER
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0SCHOLARSHIP FOUNDATION INC
ReturnHeader/Filer/BusinessNameControlTxt0ISPE
ReturnHeader/Filer/EIN0822457536
ReturnHeader/Filer/PhoneNum07816474773
ReturnHeader/Filer/USAddress/AddressLine1Txt0465 WAVERLY OAKS ROAD SUITE 421
ReturnHeader/Filer/USAddress/CityNm0WALTHAM
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd002452
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0830609105
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0DHA-AAC GROUP LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0779 HIGH ST
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0CUMBERLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0RI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd002864
ReturnHeader/PreparerPersonGrp/PhoneNum04014054455
ReturnHeader/PreparerPersonGrp/PreparationDt02021-07-19
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUSTIN DUQUETTE CPA
ReturnHeader/ReturnTs02021-08-11T08:24:51-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0CHRIS
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0OPOLSKI
ReturnHeader/TaxPeriodBeginDt02020-07-01
ReturnHeader/TaxPeriodEndDt02021-06-30
ReturnHeader/TaxYr02020

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