Civic Intelligence

Michael J Vecsi Memorial Foundation Inc.

990EZ • Fiscal year 2018 • EIN 83-0694125

Jan 01, 2018 to Dec 31, 2018 • Filed on Nov 06, 2019

60 Burke AveStaten Island, NY 10314

(718) 809-1789

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 2018

Liabilities / Revenue

Score unavailable

No value available

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

Source year 2018

Net Margin

96th percentile

96%

Higher net margin than 96% of similar nonprofits.

2018 filings • NTEE B12 • <$500k nonprofits • Source year 2018

Top Officer Pay

92nd percentile

$0

Higher top officer pay than 92% of similar nonprofits.

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

2018 filings • NTEE B12 • <$500k nonprofits • Source year 2018

Asset Growth

Score unavailable

No value available

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

Source year 2018

Revenue Growth

Score unavailable

No value available

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

Source year 2018

Assets

$27,783

No earlier filing loaded for comparison.

Net Assets

$27,783

No earlier filing loaded for comparison.

Liabilities

-

No earlier filing loaded for comparison.

Revenue

$28,996

No earlier filing loaded for comparison.

Expenses

$1,213

No earlier filing loaded for comparison.

Net Income

$27,783

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.

$100K$50K$0Assets 2018: $27,783Net Assets 2018: $27,7832018Assets 2019: $62,078Net Assets 2019: $62,0782019Assets 2020: $56,804Net Assets 2020: $56,8042020Assets 2021: $72,553Net Assets 2021: $72,5532021Assets 2022: $85,094Net Assets 2022: $85,0942022Assets 2023: $95,411Net Assets 2023: $95,4112023

Highlighted filing

2018

Assets$27,783
Liabilities-
Net Assets$27,783

Operations Trend

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

$60K$40K$20K$0-$20KRevenue 2018: $28,996Expenses 2018: $1,213Net Income 2018: $27,7832018Revenue 2019: $41,138Expenses 2019: $6,843Net Income 2019: $34,2952019Revenue 2020: $6,520Expenses 2020: $11,794Net Income 2020: -$5,2742020Revenue 2021: $22,374Expenses 2021: $6,625Net Income 2021: $15,7492021Revenue 2022: $18,615Expenses 2022: $6,075Net Income 2022: $12,5402022Revenue 2023: $22,397Expenses 2023: $12,080Net Income 2023: $10,3172023

Highlighted filing

2018

Revenue$28,996
Expenses$1,213
Net Income$27,783
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
Nov 6, 2019
Return Version
2018v3.1
Gross Receipts
$43,996
Mission and Program Overview

Mission

1. To establish an organization that will provide for the development of youth. This will be done by providing financial support and assistance to individuals in need. 2. To do any other act or thing incidental to or connected with the foregoing purposes or in advancement thereof, but not for the pecuniary profit or financial gain of its members, directors, or officers except as permitted under law.

Program Services

DescriptionGrantsExpenses
MICHAEL J VECSI MEMORAL FOUNDATION FUNDRAISER EVENT SATURDAY JUNE 7TH 2018. GALA INCLUDED 3-ON-3 BASKETBALL TOURNAMENT WITH 32 TEAMS, OUTDOOR ACTIVITIES, INCLUDING, 50-50S, FOOD, BEVERAGES, MUSIC, FACE PAINTING, A PHOTO BOOTH, A BOUNCE HOUSE, ROCK WALL CLIMBING, AND FDNY SMOKE HOUSE, AND MUCH MORE.--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
JOANNE VESCIDirector-$0--
SUSAN WICINSKIVice Preside-$0--
KATHLEEN HEYDESec/Treasure-$0--
Filing and Contact Details

Filer

Filer Name
Michael J Vecsi Memorial Foundation
EIN
83-0694125
Phone
7188091789
Address
60 BURKE AVE, STATEN ISLAND, NY 10314

Signing Officer

Name
Joanne Vesci
Title
Director
Phone
7188091789
Signed
2019-11-06
Discuss with paid preparer
Yes

Preparer

Firm
Cicero & Loverde Cpas Pc
Address
1336 FOREST AVE, STATEN ISLAND, NY 10302
Preparer
Gerard J Loverde
Phone
7182733362
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 16

EXPENSES 26 TOTAL 26

Form 990-ez, Part III

1. To establish an organization that will provide for the development of youth. This will be done by providing financial support and assistance to individuals in need. 2. To do any other act or thing incidental to or connected with the foregoing purposes or in advancement thereof, but not for the pecuniary profit or financial gain of its members, directors, or officers except as permitted under law.

Form 990-ez, Part III, Line 28

Michael j vecsi memoral foundation fundraiser event saturday june 7th 2018. Gala included 3-on-3 basketball tournament with 32 teams, outdoor activities, including, 50-50s, food, beverages, music, face painting, a photo booth, a bounce house, rock wall climbing, and fdny smoke house, and much more.

Raw XML Appendix144 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/BooksInCareOfDetail/USAddress/CityNm0STATEN ISLAND
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SEC/TREASURE
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IRS990EZ/PrimaryExemptPurposeTxt01. TO ESTABLISH AN ORGANIZATION THAT WILL PROVIDE FOR THE DEVELOPMENT OF YOUTH. THIS WILL BE DONE BY PROVIDING FINANCIAL SUPPORT AND ASSISTANCE TO INDIVIDUALS IN NEED. 2. TO DO ANY OTHER ACT OR THING INCIDENTAL TO OR CONNECTED WITH THE FOREGOING PURPOSES OR IN ADVANCEMENT THEREOF, BUT NOT FOR THE PECUNIARY PROFIT OR FINANCIAL GAIN OF ITS MEMBERS, DIRECTORS, OR OFFICERS EXCEPT AS PERMITTED UNDER LAW.
IRS990EZ/PrintingPublicationsPostageAmt012
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0MICHAEL J VECSI MEMORAL FOUNDATION FUNDRAISER EVENT SATURDAY JUNE 7TH 2018. GALA INCLUDED 3-ON-3 BASKETBALL TOURNAMENT WITH 32 TEAMS, OUTDOOR ACTIVITIES, INCLUDING, 50-50S, FOOD, BEVERAGES, MUSIC, FACE PAINTING, A PHOTO BOOTH, A BOUNCE HOUSE, ROCK WALL CLIMBING, AND FDNY SMOKE HOUSE, AND MUCH MORE.
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IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TotalExpensesAmt01213
IRS990EZ/TotalRevenueAmt028996
IRS990EZ/TransactionWithControlEntInd0false
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
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IRS990ScheduleA/InvestmentIncomeCYPct00.00000
IRS990ScheduleA/InvestmentIncomePYPct00.00000
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IRS990ScheduleG/CharitableDistributionRqrInd0false
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IRS990ScheduleG/GamingInformationGrp/CashPrizesTotalGamingAmt015000
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IRS990ScheduleG/GamingInformationGrp/GrossRevenueTotalGamingAmt041496
IRS990ScheduleG/GamingInformationGrp/NetGamingIncomeSummaryAmt026496
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborBingoInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborOtherGamingInd0false
IRS990ScheduleG/GamingInformationGrp/VolunteerLaborPullTabsInd0false
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IRS990ScheduleG/LicensedInd0true
IRS990ScheduleG/LicenseSuspendedEtcInd0false
IRS990ScheduleG/MemberOfOtherEntityInd0false
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IRS990ScheduleG/PersonsWithBooksUSAddress/CityNm0STATEN ISLAND
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IRS990ScheduleG/PersonsWithBooksUSAddress/ZIPCd010314
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0EXPENSES 26 TOTAL 26
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11. TO ESTABLISH AN ORGANIZATION THAT WILL PROVIDE FOR THE DEVELOPMENT OF YOUTH. THIS WILL BE DONE BY PROVIDING FINANCIAL SUPPORT AND ASSISTANCE TO INDIVIDUALS IN NEED. 2. TO DO ANY OTHER ACT OR THING INCIDENTAL TO OR CONNECTED WITH THE FOREGOING PURPOSES OR IN ADVANCEMENT THEREOF, BUT NOT FOR THE PECUNIARY PROFIT OR FINANCIAL GAIN OF ITS MEMBERS, DIRECTORS, OR OFFICERS EXCEPT AS PERMITTED UNDER LAW.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2MICHAEL J VECSI MEMORAL FOUNDATION FUNDRAISER EVENT SATURDAY JUNE 7TH 2018. GALA INCLUDED 3-ON-3 BASKETBALL TOURNAMENT WITH 32 TEAMS, OUTDOOR ACTIVITIES, INCLUDING, 50-50S, FOOD, BEVERAGES, MUSIC, FACE PAINTING, A PHOTO BOOTH, A BOUNCE HOUSE, ROCK WALL CLIMBING, AND FDNY SMOKE HOUSE, AND MUCH MORE.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART III
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART III, LINE 28
ReturnHeader/BuildTS02020-03-31 21:24:44Z
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ReturnHeader/FilingSecurityInformation/IPAddress/IPv4AddressTxt098.0.217.250
ReturnHeader/FilingSecurityInformation/IPDt02019-11-07
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ReturnHeader/FilingSecurityInformation/IPTm015:20:58
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01336 FOREST AVE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0STATEN ISLAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010302
ReturnHeader/PreparerPersonGrp/PhoneNum07182733362
ReturnHeader/PreparerPersonGrp/PreparationDt02019-11-07
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0GERARD J LOVERDE
ReturnHeader/ReturnTs02019-11-07T15:20:58-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02018-01-01
ReturnHeader/TaxPeriodEndDt02018-12-31
ReturnHeader/TaxYr02018

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