Civic Intelligence

Ispe Boston Area Chapter Scholarship Foundation Inc.

990EZ • Fiscal year 2023 • EIN 82-2457536

Jul 01, 2022 to Jun 30, 2023 • Filed on Aug 24, 2023

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 2023

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2023

Net Margin

87th percentile

41%

Higher net margin than 87% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Top Officer Pay

78th percentile

$0

Higher top officer pay than 78% of similar nonprofits.

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

2023 filings • 501(c)3 • <$500k nonprofits • Source year 2023

Asset Growth

78th percentile

29%

Faster asset growth than 78% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Revenue Growth

54th percentile

8.3%

Faster revenue growth than 54% of similar nonprofits.

2023 filings • 501(c)3 • <$500k nonprofits • Annualized from 2022 to 2023

Assets

Up

$163,615

Up $36,614 (+29%) from 2022

Net Assets

Up

$163,615

Up $36,614 (+29%) from 2022

Liabilities

-

No earlier filing loaded for comparison.

Revenue

Up

$89,738

Up $6,853 (+8.3%) from 2022

Expenses

Down

$53,123

Down $830 (-1.5%) from 2022

Net Income

Up

$36,615

Up $7,683 (+27%) from 2022

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

2023

Assets$163,615
Liabilities-
Net Assets$163,615

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

2023

Revenue$89,738
Expenses$53,123
Net Income$36,615
Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Aug 24, 2023
Return Version
2022v5.0
Gross Receipts
$89,738
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-$38,445
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
CHRIS OPOLSKIVice Preside-$0--
ANDRE WALKERSch. Vice Ch-$0--
JAMES GRUNWALDPresident-$0--
ERIC FELZSecretary-$0--
JAY ZAINOTreasurer-$0--
SAMUEL MUSIAKSch. Chair-$0--
THOMAS STRUBLEDirector-$0--
LIANG NOINALADirector-$0--
MARINA COMODirector-$0--
SEAN KEENANDirector-$0--
AMY GUSKYDirector-$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
James Grunwald
Title
President
Phone
7816474773
Signed
2023-08-24

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 38 storage 60 bank fees 150 credit card fees 180 licenses and fees 53 telephone 600 website hosting 1,882 meeting expense 553 scholarships granted 38,445 total 41,961

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 Appendix156 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/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 38 STORAGE 60 BANK FEES 150 CREDIT CARD FEES 180 LICENSES AND FEES 53 TELEPHONE 600 WEBSITE HOSTING 1,882 MEETING EXPENSE 553 SCHOLARSHIPS GRANTED 38,445 TOTAL 41,961
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/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/PersonNm0JAMES GRUNWALD
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT
ReturnHeader/BusinessOfficerGrp/PhoneNum07816474773
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-24
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
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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/PreparationDt02023-08-24
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JUSTIN DUQUETTE CPA
ReturnHeader/ReturnTs02023-09-05T16:25:05-04:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0JAMES
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0GRUNWALD
ReturnHeader/TaxPeriodBeginDt02022-07-01
ReturnHeader/TaxPeriodEndDt02023-06-30
ReturnHeader/TaxYr02022

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