Liabilities / Assets
Score unavailable
Liabilities-to-assets requires both liabilities and assets on this filing.
Wethersfield Institute for Catholic
990EZ • Fiscal year 2021 • EIN 82-2591661
Siviq Scores
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
No value available
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
98th percentile
Higher net margin than 98% of similar nonprofits.
Top Officer Pay
77th percentile
Higher top officer pay than 77% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
81st percentile
Faster asset growth than 81% of similar nonprofits.
Revenue Growth
46th percentile
Faster revenue growth than 46% of similar nonprofits.
Balance Sheet
Assets
Up$275,735
Up $95,836 (+53%) from 2020
Net Assets
Up$275,735
Up $95,836 (+53%) from 2020
Liabilities
-
No earlier filing loaded for comparison.
Revenue And Expenses
Revenue
Flat$100,000
Flat from 2020
Expenses
Down$4,164
Down $30,706 (-88%) from 2020
Net Income
Up$95,836
Up $30,706 (+47%) from 2020
Historical Trend
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2021 to Dec 31, 2021
- Signed
- Sep 15, 2022
- Return Version
- 2021v4.0
- Gross Receipts
- $100,000
Mission and Program Overview
Mission
To study and promote a clear understanding of catholic teaching and practice, and to explore the cultural and intellectual dimensions of the catholic faith, but in all events for charitable, scientific and educational purposes.
Program Services
| Description | Grants | Expenses |
|---|---|---|
| PUBLICATIONS AND LECTURES PRESENTED TO THE PUBLIC TO EXPLORE THE CULTURAL AND INTELLECTUAL DIMENSIONS OF THE CATHOLIC FAITH. | - | $939 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| PETER BUDNIK | Chairman | - | $0 | - | - |
| JOHN HENRY CROSBY | Treasurer | - | $0 | - | - |
| PAUL MONSON | Secretary | - | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Wethersfield Institute for Catholic
- EIN
- 82-2591661
- Phone
- 8453738037
- Address
- 257 PUGSLEY HILL ROAD, AMENIA, NY 12501
Signing Officer
- Name
- Peter Budnik
- Title
- Chairman
- Phone
- 8453738037
- Signed
- 2022-09-15
Preparer
- Firm
- Morabito & Company
- Address
- 2 DOVER COURT, ROCHESTER, NY 14624
- Preparer
- Anthony J Morabito CPA
- Phone
- 5854297759
Supplemental Narrative
Additional Explanations
Form 990-ez, Page 1, Item B
“Organization amending form 990-ez to correct beginnging of year balance for inventory due to changes as a result of filing an amended return for 2020. Beginning year balance for inventory increased 31,500 and beginning of year net asset balance increased 31,500.”
Form 990-ez, Part I, Line 16
“Expenses website expenses 606 nys filing fee 75 total 681”
Form 990-ez, Part II, Line 24
“Inventories for sale or use 31,500 31,500 total 31,500 31,500”
Form 990-ez, Part III
“To study and promote a clear understanding of catholic teaching and practice, and to explore the cultural and intellectual dimensions of the catholic faith, but in all events for charitable, scientific and educational purposes.”
Raw XML Appendix145 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 |
|---|---|---|
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| IRS990EZ/AmendedReturnInd | 0 | X |
| IRS990EZ/BooksInCareOfDetail/PersonNm | 0 | PETER BUDNIK |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 8453738037 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 257 PUGSLEY HILL ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | AMENIA |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | NY |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 12501 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 148399 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 244235 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 100000 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 95836 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 3150 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 179899 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 275735 |
| IRS990EZ/GrossReceiptsAmt | 0 | 100000 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 179899 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 275735 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 179899 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 275735 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 3.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 1.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | PETER BUDNIK |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | JOHN HENRY CROSBY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | PAUL MONSON |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | CHAIRMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | SECRETARY |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | false |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 31500 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 31500 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 681 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | false |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | TO STUDY AND PROMOTE A CLEAR UNDERSTANDING OF CATHOLIC TEACHING AND PRACTICE, AND TO EXPLORE THE CULTURAL AND INTELLECTUAL DIMENSIONS OF THE CATHOLIC FAITH, BUT IN ALL EVENTS FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES. |
| IRS990EZ/PrintingPublicationsPostageAmt | 0 | 333 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | PUBLICATIONS AND LECTURES PRESENTED TO THE PUBLIC TO EXPLORE THE CULTURAL AND INTELLECTUAL DIMENSIONS OF THE CATHOLIC FAITH. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 939 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | NY |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 4164 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 939 |
| IRS990EZ/TotalRevenueAmt | 0 | 100000 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WETHERSFIELDINSTITUTE.ORG |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt | 0 | 47000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt | 0 | 53000 |
| IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt | 0 | 100000 |
| IRS990ScheduleA/First5Years509Ind | 0 | X |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt | 0 | 100000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt | 0 | 100000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102050 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 57000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 359050 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 3619 |
| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt | 0 | 3619 |
| IRS990ScheduleA/PubliclySupportedOrg509a2Ind | 0 | X |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 262669 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt | 0 | 47000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt | 0 | 53000 |
| IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt | 0 | 100000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt | 0 | 100000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt | 0 | 100000 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 102050 |
| IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 60619 |
| IRS990ScheduleA/Total509Grp/TotalAmt | 0 | 362669 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt | 0 | 100000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt | 0 | 100000 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt | 0 | 102050 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt | 0 | 60619 |
| IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt | 0 | 362669 |
| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorNum | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine1 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine2 | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ORGANIZATION AMENDING FORM 990-EZ TO CORRECT BEGINNGING OF YEAR BALANCE FOR INVENTORY DUE TO CHANGES AS A RESULT OF FILING AN AMENDED RETURN FOR 2020. BEGINNING YEAR BALANCE FOR INVENTORY INCREASED 31,500 AND BEGINNING OF YEAR NET ASSET BALANCE INCREASED 31,500. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | EXPENSES WEBSITE EXPENSES 606 NYS FILING FEE 75 TOTAL 681 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | INVENTORIES FOR SALE OR USE 31,500 31,500 TOTAL 31,500 31,500 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | TO STUDY AND PROMOTE A CLEAR UNDERSTANDING OF CATHOLIC TEACHING AND PRACTICE, AND TO EXPLORE THE CULTURAL AND INTELLECTUAL DIMENSIONS OF THE CATHOLIC FAITH, BUT IN ALL EVENTS FOR CHARITABLE, SCIENTIFIC AND EDUCATIONAL PURPOSES. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PAGE 1, ITEM B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990-EZ, PART II, LINE 24 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990-EZ, PART III |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | PETER BUDNIK |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | CHAIRMAN |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 8453738037 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2022-09-15 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | WETHERSFIELD INSTITUTE FOR CATHOLIC |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | THOUGHT INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | WETH |
| ReturnHeader/Filer/EIN | 0 | 822591661 |
| ReturnHeader/Filer/PhoneNum | 0 | 8453738037 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 257 PUGSLEY HILL ROAD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | AMENIA |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 12501 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 200535748 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | MORABITO & COMPANY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 2 DOVER COURT |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | ROCHESTER |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 14624 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5854297759 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2022-09-15 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | ANTHONY J MORABITO CPA |
| ReturnHeader/PreparerPersonGrp/SelfEmployedInd | 0 | X |
| ReturnHeader/ReturnTs | 0 | 2022-09-18T14:22:49-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | PETER |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | BUDNIK |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2021-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2021-12-31 |
| ReturnHeader/TaxYr | 0 | 2021 |
Document Assets
No mirrored PDF or thumbnail assets are attached yet.
Filings
Displayed year
2021 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $275,735
- Liabilities
- -
- Net assets
- $275,735
- Revenue
- $100,000
- Expenses
- $4,164
- Net income
- $95,836