Civic Intelligence

Sternys Way Inc.

990EZ • Fiscal year 2022 • EIN 83-2234169

Jul 01, 2021 to Jun 30, 2022 • Filed on Sep 19, 2022

Organization Profile
20 Seaview AveMarblehead, MA 01945

(000) 000-0000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

74th percentile

0.05x

Higher debt load relative to assets than 74% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Liabilities / Revenue

93rd percentile

0.61x

Higher debt load relative to revenue than 93% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Net Margin

87th percentile

46%

Higher net margin than 87% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

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.

2022 filings • 501(c)3 • <$500k nonprofits • Source year 2022

Asset Growth

38th percentile

-4.5%

Faster asset growth than 38% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Revenue Growth

97th percentile

782%

Faster revenue growth than 97% of similar nonprofits.

2022 filings • 501(c)3 • <$500k nonprofits • Annualized from 2021 to 2022

Balance Sheet
Liabilities / Assets74th percentile

Assets

Down

$44,331

Down $2,103 (-4.5%) from 2021

Net Assets

$42,331

No earlier filing loaded for comparison.

Liabilities

Up

$2,000

Up $1,000 (+100%) from 2021

Revenue And Expenses
Liabilities / Revenue93rd percentileNet Margin87th percentile

Revenue

Up

$3,254

Up $2,885 (+782%) from 2021

Expenses

Down

$1,768

Down $994 (-36%) from 2021

Net Income

Up

$1,486

Up $3,879 (+162%) from 2021

Historical Trend

Balance Sheet Trend

Asset Growth38th percentile

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

$60K$40K$20K$0Assets 2020: $40,144Liabilities 2020: $1,0002020Assets 2021: $46,434Liabilities 2021: $1,0002021Assets 2022: $44,331Liabilities 2022: $2,000Net Assets 2022: $42,3312022Assets 2023: $48,161Liabilities 2023: $1,000Net Assets 2023: $47,1612023Assets 2024: $57,989Liabilities 2024: $3,000Net Assets 2024: $54,9892024

Highlighted filing

2022

Assets$44,331
Liabilities$2,000
Net Assets$42,331
Open 2022 Filing

Operations Trend

Revenue Growth97th percentile

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

$10K$5.0K$0-$5.0KRevenue 2020: $6,734Expenses 2020: $4,134Net Income 2020: $2,6002020Revenue 2021: $369Expenses 2021: $2,762Net Income 2021: -$2,3932021Revenue 2022: $3,254Expenses 2022: $1,768Net Income 2022: $1,4862022Revenue 2023: $5,553Expenses 2023: $4,825Net Income 2023: $7282023Revenue 2024: $5,313Expenses 2024: $3,819Net Income 2024: $1,4942024

Highlighted filing

2022

Revenue$3,254
Expenses$1,768
Net Income$1,486
Open 2022 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2021 to Jun 30, 2022
Signed
Sep 19, 2022
Return Version
2021v4.1
Gross Receipts
$3,254
Mission and Program Overview

Mission

To fund scholarships for high school students

Program Services

DescriptionGrantsExpenses
One scholarship for a 2021 graduate given in June 2021 cashed 7072021 Two scholarships for 2022 given in June 2022 cashed in July 2022$1,000-
Compensation and Service Providers
Top Officer Pay78th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joel BlackmerPresident-$0--
Daniel BrothersTreasurer-$0--
Robert BlayerClerk-$0--
Trey BlackmerDirector-$0--
Robert DanaDirector-$0--
Tim HurleyDirector-$0--
Todd NormanDirector-$0--
Patricia RockettDirector-$0--
Samuel SternDirector-$0--
Sylvia SternDirector-$0--
Filing and Contact Details

Filer

Filer Name
Sternys Way Inc
EIN
83-2234169
Phone
0000000000
Address
20 SEAVIEW AVE, MARBLEHEAD, MA 01945

Signing Officer

Name
Joel Blackmer
Title
President
Phone
7815729002
Signed
2022-09-19
Supplemental Narrative

Additional Explanations

Schedule O:

“Part 1 line 10 Grants - One scholarship given in June 2021 and cashed in July 2021 for a 2021 high school graduate Part 1 line 16 Other expenses Directors Officers Insurance 698 Massachusetts Attorney General 2020 filing fee 35 and 2021 filing fee 35 Totals 768 Part 1 line 20 Other changes in net assets or fund balances - Beginning investment fund Account Balance 43115 plus dividends of 289 less drop in account value of 3589 equals Ending Balance of 39815 Adjustment calculation -3589 less 2000 liabilities scholarship checks given in June 2022 cashed in July 2022 for an adjustment of -5589 Part 2 line 26 Total liabilities - two 1000 scholarships given in June 2022 and cashed in July 2022 next fiscal year”

Raw XML Appendix202 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
IRS990EZ/ActivitiesNotPreviouslyRptInd0false
IRS990EZ/BenefitsPaidToOrForMembersAmt00
IRS990EZ/BooksInCareOfDetail/PersonNm0Joel Blackmer
IRS990EZ/BooksInCareOfDetail/PhoneNum07815729002
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt020 Seaview Ave
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0Marblehead
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MA
IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd001945
IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt046434
IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt044331
IRS990EZ/ChgMadeToOrgnzngDocNotRptInd0false
IRS990EZ/ContributionsGiftsGrantsEtcAmt02965
IRS990EZ/CostOfGoodsSoldAmt00
IRS990EZ/CostOrOtherBasisExpenseSaleAmt00
IRS990EZ/DirectIndirectPltclExpendAmt00
IRS990EZ/DonorAdvisedFndsInd0false
IRS990EZ/EngagedInExcessBenefitTransInd0false
IRS990EZ/ExcessOrDeficitForYearAmt01486
IRS990EZ/FeesAndOtherPymtToIndCntrctAmt00
IRS990EZ/FiledScheduleAInd0true
IRS990EZ/ForeignFinancialAccountInd0false
IRS990EZ/ForeignOfficeInd0false
IRS990EZ/Form1120PolFiledInd0false
IRS990EZ/Form990TotalAssetsGrp/BOYAmt046434
IRS990EZ/Form990TotalAssetsGrp/EOYAmt044331
IRS990EZ/FundraisingGrossIncomeAmt00
IRS990EZ/GainOrLossFromSaleOfAssetsAmt00
IRS990EZ/GamingGrossIncomeAmt00
IRS990EZ/GrantsAndSimilarAmountsPaidAmt01000
IRS990EZ/GrossProfitLossSlsOfInvntryAmt00
IRS990EZ/GrossReceiptsAmt03254
IRS990EZ/GrossReceiptsForPublicUseAmt00
IRS990EZ/GrossSalesOfInventoryAmt00
IRS990EZ/InfoInScheduleOPartIInd0X
IRS990EZ/InitiationFeesAndCapContriAmt00
IRS990EZ/InvestmentIncomeAmt0289
IRS990EZ/LandAndBuildingsGrp/BOYAmt00
IRS990EZ/LandAndBuildingsGrp/EOYAmt00
IRS990EZ/LobbyingActivitiesInd0false
IRS990EZ/MadeLoansToFromOfficersInd0false
IRS990EZ/MembershipDuesAmt00
IRS990EZ/MethodOfAccountingCashInd0X
IRS990EZ/NetAssetsOrFundBalancesBOYAmt046434
IRS990EZ/NetAssetsOrFundBalancesEOYAmt042331
IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt046434
IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt042331
IRS990EZ/OccupancyRentUtltsAndMaintAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt01
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt11
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt21
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt00
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt10
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt20
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt30
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt50
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt60
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt70
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt80
IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt90
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0Joel Blackmer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1Daniel Brothers
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2Robert Blayer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3Trey Blackmer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4Robert Dana
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm5Tim Hurley
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm6Todd Norman
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm7Patricia Rockett
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm8Samuel Stern
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm9Sylvia Stern
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0President
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1Treasurer
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2Clerk
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt6director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt7director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt8director
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt9director
IRS990EZ/OperateHospitalInd0false
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd0false
IRS990EZ/OrganizationHadUBIInd0false
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt00
IRS990EZ/OtherChangesInNetAssetsAmt0-5589
IRS990EZ/OtherExpensesTotalAmt0768
IRS990EZ/OtherRevenueTotalAmt00
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd0false
IRS990EZ/PrimaryExemptPurposeTxt0To fund scholarships for high school students
IRS990EZ/PrintingPublicationsPostageAmt00
IRS990EZ/ProgramServiceRevenueAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0One scholarship for a 2021 graduate given in June 2021 cashed 7072021 Two scholarships for 2022 given in June 2022 cashed in July 2022
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt01000
IRS990EZ/ProhibitedTaxShelterTransInd0false
IRS990EZ/RelatedOrganizationCtrlEntInd0false
IRS990EZ/SalariesOtherCompEmplBnftAmt00
IRS990EZ/SaleOfAssetsGrossAmt00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd0false
IRS990EZ/SpecialEventsDirectExpensesAmt00
IRS990EZ/SpecialEventsNetIncomeLossAmt00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0MA
IRS990EZ/SubjectToProxyTaxInd0false
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt00
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt02000
IRS990EZ/TanningServicesProvidedInd0false
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt01768
IRS990EZ/TotalProgramServiceExpensesAmt00
IRS990EZ/TotalRevenueAmt03254
IRS990EZ/TransactionWithControlEntInd0false
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02965
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt069
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt06589
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt039720
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt049343
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt0289
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0300
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0145
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0734
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt00
IRS990ScheduleA/InvestmentIncomeCYPct00
IRS990ScheduleA/InvestmentIncomePYPct00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00
IRS990ScheduleA/PublicSupportCY509Pct00
IRS990ScheduleA/PublicSupportPY170Pct00
IRS990ScheduleA/PublicSupportPY509Pct00
IRS990ScheduleA/PublicSupportTotal170Amt049343
IRS990ScheduleA/PublicSupportTotal509Amt00
IRS990ScheduleA/SupportedOrganizationsCnt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02965
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt069
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt06589
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt039720
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt049343
IRS990ScheduleA/TotalSupportAmt050077
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt00
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Part 1 line 10 Grants - One scholarship given in June 2021 and cashed in July 2021 for a 2021 high school graduate Part 1 line 16 Other expenses Directors Officers Insurance 698 Massachusetts Attorney General 2020 filing fee 35 and 2021 filing fee 35 Totals 768 Part 1 line 20 Other changes in net assets or fund balances - Beginning investment fund Account Balance 43115 plus dividends of 289 less drop in account value of 3589 equals Ending Balance of 39815 Adjustment calculation -3589 less 2000 liabilities scholarship checks given in June 2022 cashed in July 2022 for an adjustment of -5589 Part 2 line 26 Total liabilities - two 1000 scholarships given in June 2022 and cashed in July 2022 next fiscal year
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Schedule O:
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/PersonNm0Joel Blackmer
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0President
ReturnHeader/BusinessOfficerGrp/PhoneNum07815729002
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-09-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0STERNYS WAY INC
ReturnHeader/Filer/BusinessNameControlTxt0STER
ReturnHeader/Filer/EIN0832234169
ReturnHeader/Filer/PhoneNum00000000000
ReturnHeader/Filer/USAddress/AddressLine1Txt020 SEAVIEW AVE
ReturnHeader/Filer/USAddress/CityNm0MARBLEHEAD
ReturnHeader/Filer/USAddress/StateAbbreviationCd0MA
ReturnHeader/Filer/USAddress/ZIPCd001945
ReturnHeader/ReturnTs02022-09-19T20:00:02Z
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0Joel
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0Blackmer
ReturnHeader/TaxPeriodBeginDt02021-07-01
ReturnHeader/TaxPeriodEndDt02022-06-30
ReturnHeader/TaxYr02021

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2022 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$44,331
Liabilities
$2,000
Net assets
$42,331
Revenue
$3,254
Expenses
$1,768
Net income
$1,486
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$58.0$3.00$55.0$5.31$3.82$1.49
2023Detailed filing. Detailed filing data is available for this year.$48.2$1.00$47.2$5.55$4.83$0.73
2022Detailed filing. Detailed filing data is available for this year.$44.3$2.00$42.3$3.25$1.77$1.49
2021Summary only. Only limited summary data is available for this year.$46.4$1.00$0.37$2.76$2.39
2020Summary only. Only limited summary data is available for this year.$40.1$1.00$6.73$4.13$2.60